| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $279M | $284M | $235M | -2.0% | 18.4% |
| Op. Income | $34M | $40M | $70M | -16.0% | -51.9% |
| Gross Margin | 47.9% | 44.6% | 65.2% | 3.3pp | -17.3pp |
| Net Margin | 9.5% | 10.6% | 22.0% | -1.1pp | -12.5pp |
| EPS (Diluted) | $0.22 | $0.25 | $0.43 | -12.0% | -48.8% |
| Free Cash Flow | $77M | $189M | $116M | -59.6% | -33.8% |
| Item | Amount |
|---|---|
| REVENUE | $279M |
| Cost of Revenue | $145M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $54M |
| SG&A Expenses | $54M |
| Other Expenses | $45M |
| Operating Expenses | $100M |
| Cost & Expenses | $245M |
| OPERATING INCOME | $34M |
| Interest Income | $269M |
| Interest Expense | $143M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $0 |
| EBIT | $34M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $279M |
| Cost of Revenue | $145M |
| GROSS PROFIT | $133M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $54M |
| SG&A Expenses | $54M |
| Other Expenses | $45M |
| Operating Expenses | $100M |
| Cost & Expenses | $245M |
| OPERATING INCOME | $34M |
| Interest Income | $269M |
| Interest Expense | $143M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $0 |
| EBIT | $34M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $61M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $79M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$90M |
| Sales/Maturities of Investments | $41M |
| Other Investing Activities | $405M |
| NET CASH FROM INVESTING | $353M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$986M |
| NET CASH FROM FINANCING | -$1.0B |
| FREE CASH FLOW | $77M |
| Net Change in Cash | -$571M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $2.1B |
| Net Receivables | $62M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $97M |
| Goodwill | $464M |
| Intangible Assets | $4M |
| Long-Term Investments | $14.1B |
| Tax Assets | $135M |
| Other Non-Current Assets | $234M |
| TOTAL NON-CURRENT ASSETS | $15.0B |
| TOTAL ASSETS | $19.1B |
| Account Payables | $168M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.8B |
| TOTAL CURRENT LIABILITIES | $14.9B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $132M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $17.0B |
| Common Stock | $138.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $1.2B |
| Treasury Stock | -$265M |
| Accum. Other Comp. Income | -$205M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $19.1B |
| Total Debt | $2.0B |
| Net Debt | $28M |
