| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $11M | $8M | 150.5% | 265.6% |
| Op. Income | $23M | $7M | $5M | 243.3% | 384.8% |
| Gross Margin | 77.0% | 42.4% | 46.3% | 34.6pp | 30.7pp |
| Net Margin | 79.7% | 58.1% | 60.1% | 21.5pp | 19.6pp |
| EPS (Diluted) | $0.63 | $0.19 | $0.14 | 231.6% | 350.0% |
| Free Cash Flow | $6M | $21M | $9M | -70.2% | -30.2% |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | -$2M |
| Operating Expenses | -$759.0K |
| Cost & Expenses | $6M |
| OPERATING INCOME | $23M |
| Interest Income | $21M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $0 |
| EBIT | $23M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | -$2M |
| Operating Expenses | -$759.0K |
| Cost & Expenses | $6M |
| OPERATING INCOME | $23M |
| Interest Income | $21M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $0 |
| EBIT | $23M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | $240.0K |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$936.0K |
| Sales/Maturities of Investments | $500.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$436.0K |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$365.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $925M |
| TOTAL NON-CURRENT ASSETS | $925M |
| TOTAL ASSETS | $938M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $398M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $441M |
| TOTAL LIABILITIES | $445M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $445M |
| Retained Earnings | -$20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $68M |
| TOTAL STOCKHOLDERS' EQUITY | $493M |
| Minority Interest | $0 |
| TOTAL EQUITY | $493M |
| TOTAL LIABILITIES & EQUITY | $938M |
| Total Debt | $398M |
| Net Debt | $396M |
