| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39M | $26M | $20M | 48.8% | 93.2% |
| Op. Income | $32M | $19M | $13M | 66.8% | 143.8% |
| Gross Margin | 85.9% | 78.7% | 71.2% | 7.1pp | 14.7pp |
| Net Margin | 82.8% | 73.9% | 65.6% | 8.9pp | 17.2pp |
| EPS (Diluted) | $1.47 | $0.88 | $0.66 | 67.0% | 122.7% |
| Free Cash Flow | -$6M | $54M | $23M | -110.5% | -124.9% |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$2M |
| Operating Expenses | $1M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $32M |
| Interest Income | $23M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $0 |
| EBIT | $32M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $39M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$2M |
| Operating Expenses | $1M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $32M |
| Interest Income | $23M |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $0 |
| EBIT | $32M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$39M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$6M |
| 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 | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$462.0K |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $802M |
| TOTAL NON-CURRENT ASSETS | $802M |
| TOTAL ASSETS | $812M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $325M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $330M |
| TOTAL LIABILITIES | $334M |
| Common Stock | $44.0K |
| Additional Paid-In Capital | $492M |
| Retained Earnings | $6M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$28M |
| TOTAL STOCKHOLDERS' EQUITY | $479M |
| Minority Interest | $0 |
| TOTAL EQUITY | $479M |
| TOTAL LIABILITIES & EQUITY | $812M |
| Total Debt | $325M |
| Net Debt | $322M |
