| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $71M | $80M | $73M | -10.8% | -2.1% |
| Op. Income | $7M | $22M | $28M | -69.8% | -76.4% |
| Gross Margin | 69.3% | 78.7% | 94.0% | -9.4pp | -24.7pp |
| Net Margin | 8.8% | 22.8% | 31.1% | -14.1pp | -22.3pp |
| EPS (Diluted) | $0.18 | $0.51 | $0.64 | -64.7% | -71.9% |
| Free Cash Flow | $30M | $27M | $30M | 9.2% | -1.5% |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $698.0K |
| General & Administrative | $26M |
| SG&A Expenses | $26M |
| Other Expenses | $16M |
| Operating Expenses | $43M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $7M |
| Interest Income | $74M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $344.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $1M |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $71M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $698.0K |
| General & Administrative | $26M |
| SG&A Expenses | $26M |
| Other Expenses | $16M |
| Operating Expenses | $43M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $7M |
| Interest Income | $74M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $344.0K |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $1M |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $22M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$141M |
| Sales/Maturities of Investments | $203M |
| Other Investing Activities | -$71M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$25.0K |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$58M |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $225M |
| Short-Term Investments | $1.1B |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $75M |
| Goodwill | $241M |
| Intangible Assets | $5M |
| Long-Term Investments | $5.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $448M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.6B |
| TOTAL CURRENT LIABILITIES | $5.6B |
| Long-Term Debt | $522M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $200M |
| TOTAL NON-CURRENT LIABILITIES | $722M |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $550M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $376M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$72M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $853M |
| Minority Interest | $0 |
| TOTAL EQUITY | $853M |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $522M |
| Net Debt | $297M |
