| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $617M | $384M | $274M | 60.7% | 124.6% |
| Op. Income | $10M | $404.0K | $54M | 2405.7% | -81.3% |
| Gross Margin | 56.9% | 64.7% | 74.3% | -7.8pp | -17.3pp |
| Net Margin | 2.4% | 0.3% | 18.2% | 2.2pp | -15.8pp |
| EPS (Diluted) | $0.11 | $0.01 | $0.49 | 1164.4% | -77.6% |
| Free Cash Flow | $82M | $29M | $46M | 182.5% | 79.2% |
| Item | Amount |
|---|---|
| REVENUE | $617M |
| Cost of Revenue | $265M |
| GROSS PROFIT | $351M |
| R&D Expenses | $52M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $245M |
| Other Expenses | $44M |
| Operating Expenses | $341M |
| Cost & Expenses | $606M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $71M |
| EBIT | $26M |
| EBITDA | $97M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $617M |
| Cost of Revenue | $265M |
| GROSS PROFIT | $351M |
| R&D Expenses | $52M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $245M |
| Other Expenses | $44M |
| Operating Expenses | $341M |
| Cost & Expenses | $606M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $71M |
| EBIT | $26M |
| EBITDA | $97M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $71M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $63M |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $343M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $321M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$226M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$237M |
| FREE CASH FLOW | $82M |
| Net Change in Cash | $188M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $467M |
| Short-Term Investments | $50M |
| Net Receivables | $505M |
| Inventory | $848M |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $647M |
| Goodwill | $1.4B |
| Intangible Assets | $925M |
| Long-Term Investments | $75M |
| Tax Assets | $11M |
| Other Non-Current Assets | $79M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $57M |
| Short-Term Debt | $0 |
| Deferred Revenue | $18M |
| Other Current Liabilities | $202M |
| TOTAL CURRENT LIABILITIES | $392M |
| Long-Term Debt | $417M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $84M |
| Other Non-Current Liabilities | $103M |
| TOTAL NON-CURRENT LIABILITIES | $696M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $136.0K |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $520M |
| Net Debt | $53M |
