| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $298M | $290M | $249M | 2.8% | 19.9% |
| Op. Income | $62M | $64M | $97M | -3.2% | -36.3% |
| Gross Margin | 63.1% | 65.1% | 89.1% | -2.0pp | -26.0pp |
| Net Margin | 18.2% | 18.1% | 32.0% | 0.1pp | -13.8pp |
| EPS (Diluted) | $0.49 | $0.47 | $0.72 | 4.3% | -31.9% |
| Free Cash Flow | $138M | $114M | $114M | 21.7% | 21.9% |
| Item | Amount |
|---|---|
| REVENUE | $298M |
| Cost of Revenue | $110M |
| GROSS PROFIT | $188M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $85M |
| SG&A Expenses | $89M |
| Other Expenses | $37M |
| Operating Expenses | $126M |
| Cost & Expenses | $236M |
| OPERATING INCOME | $62M |
| Interest Income | $273M |
| Interest Expense | $107M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $10M |
| EBIT | $62M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $298M |
| Cost of Revenue | $110M |
| GROSS PROFIT | $188M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $85M |
| SG&A Expenses | $89M |
| Other Expenses | $37M |
| Operating Expenses | $126M |
| Cost & Expenses | $236M |
| OPERATING INCOME | $62M |
| Interest Income | $273M |
| Interest Expense | $107M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $10M |
| EBIT | $62M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $56M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $151M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $195M |
| Other Investing Activities | -$102M |
| NET CASH FROM INVESTING | $75M |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$73M |
| Other Financing Activities | -$479M |
| NET CASH FROM FINANCING | -$544M |
| FREE CASH FLOW | $138M |
| Net Change in Cash | -$318M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $4.8B |
| Net Receivables | $95M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.2B |
| PP&E (Net) | $422M |
| Goodwill | $985M |
| Intangible Assets | $32M |
| Long-Term Investments | $19.5B |
| Tax Assets | $159M |
| Other Non-Current Assets | $374M |
| TOTAL NON-CURRENT ASSETS | $21.5B |
| TOTAL ASSETS | $27.7B |
| Account Payables | $126M |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19.9B |
| TOTAL CURRENT LIABILITIES | $21.5B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $226M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $24.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$374M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $27.7B |
| Total Debt | $4.4B |
| Net Debt | $3.1B |
