| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $68M | $53M | 2.9% | 33.5% |
| Op. Income | $25M | $27M | $18M | -6.9% | 40.7% |
| Gross Margin | 78.0% | 83.5% | 96.0% | -5.5pp | -18.0pp |
| Net Margin | 26.3% | 28.9% | 25.0% | -2.6pp | 1.3pp |
| EPS (Diluted) | $0.58 | $0.62 | $0.59 | -6.5% | -1.7% |
| Free Cash Flow | $12M | $16M | $23M | -27.4% | -49.0% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $20M |
| Operating Expenses | $30M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $25M |
| Interest Income | $61M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | -$26.0K |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $1M |
| EBIT | $25M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $20M |
| Operating Expenses | $30M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $25M |
| Interest Income | $61M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | -$26.0K |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $1M |
| EBIT | $25M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $394.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27.0K |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$55M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$165M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $217M |
| NET CASH FROM FINANCING | $45M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $142M |
| Short-Term Investments | $759M |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $926M |
| PP&E (Net) | $65M |
| Goodwill | $60M |
| Intangible Assets | $40M |
| Long-Term Investments | $3.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $87M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $0 |
| Short-Term Debt | $42M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $105M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $140M |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $327.0K |
| Additional Paid-In Capital | $296M |
| Retained Earnings | $269M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | -$57M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $489M |
| Minority Interest | $0 |
| TOTAL EQUITY | $489M |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $147M |
| Net Debt | $6M |
