| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $303M | $338M | $291M | -10.5% | 4.1% |
| Op. Income | $131M | $169M | $143M | -22.5% | -8.6% |
| Gross Margin | 81.7% | 83.5% | 85.0% | -1.8pp | -3.3pp |
| Net Margin | 37.0% | 41.2% | 42.0% | -4.2pp | -5.0pp |
| EPS (Diluted) | $0.81 | $1.00 | $0.87 | -19.4% | -7.1% |
| Free Cash Flow | $0 | $0 | $165M | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $248M |
| R&D Expenses | $46M |
| Selling & Marketing | $23M |
| General & Administrative | $47M |
| SG&A Expenses | $71M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $172M |
| OPERATING INCOME | $131M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $0 |
| EBIT | $131M |
| EBITDA | $131M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $248M |
| R&D Expenses | $46M |
| Selling & Marketing | $23M |
| General & Administrative | $47M |
| SG&A Expenses | $71M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $172M |
| OPERATING INCOME | $131M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $128M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $112M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $0 |
| EBIT | $131M |
| EBITDA | $131M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $112M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$122M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | -$42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $630M |
| Short-Term Investments | $415M |
| Net Receivables | $5.4B |
| Inventory | $0 |
| Other Current Assets | $5.7B |
| TOTAL CURRENT ASSETS | $12.2B |
| PP&E (Net) | $45M |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $30M |
| Tax Assets | $12M |
| Other Non-Current Assets | $122M |
| TOTAL NON-CURRENT ASSETS | $218M |
| TOTAL ASSETS | $12.4B |
| Account Payables | $8.3B |
| Short-Term Debt | $722M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $9.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $807.7K |
| Other Non-Current Liabilities | $747.8K |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $9.3B |
| Common Stock | $12.5K |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $1.5B |
| Treasury Stock | -$664M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $382.4K |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $12.4B |
| Total Debt | $752M |
| Net Debt | $122M |
