| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $120M | $125M | $95M | -4.6% | 25.5% |
| Op. Income | $30M | $32M | $31M | -5.0% | -1.4% |
| Gross Margin | 62.8% | 70.3% | 81.7% | -7.5pp | -18.8pp |
| Net Margin | 20.1% | 20.1% | 25.8% | -0.0pp | -5.7pp |
| EPS (Diluted) | $0.95 | $1.00 | $0.79 | -5.0% | 20.3% |
| Free Cash Flow | $38M | $19M | $54M | 105.7% | -29.8% |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $37M |
| SG&A Expenses | $39M |
| Other Expenses | $5M |
| Operating Expenses | $45M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $30M |
| Interest Income | $110M |
| Interest Expense | $38M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $3M |
| EBIT | $30M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $37M |
| SG&A Expenses | $39M |
| Other Expenses | $5M |
| Operating Expenses | $45M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $30M |
| Interest Income | $110M |
| Interest Expense | $38M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $3M |
| EBIT | $30M |
| EBITDA | $33M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $384.0K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$88M |
| NET CASH FROM INVESTING | -$98M |
| Net Debt Issuance | $59M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $33M |
| NET CASH FROM FINANCING | $93M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $479M |
| Short-Term Investments | $517M |
| Net Receivables | $41M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $109M |
| Goodwill | $93M |
| Intangible Assets | $88M |
| Long-Term Investments | $6.3B |
| Tax Assets | $46M |
| Other Non-Current Assets | $158M |
| TOTAL NON-CURRENT ASSETS | $6.8B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $14M |
| Short-Term Debt | $414M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.4B |
| TOTAL CURRENT LIABILITIES | $6.8B |
| Long-Term Debt | $75M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $83M |
| TOTAL NON-CURRENT LIABILITIES | $184M |
| TOTAL LIABILITIES | $7.0B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $463M |
| Retained Earnings | $458M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$43M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $877M |
| Minority Interest | $0 |
| TOTAL EQUITY | $877M |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $516M |
| Net Debt | $37M |
