| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $253M | $129M | $106M | 96.5% | 139.6% |
| Op. Income | $163M | $39M | $25M | 313.1% | 541.8% |
| Gross Margin | 92.1% | 78.7% | 81.2% | 13.4pp | 10.9pp |
| Net Margin | 52.7% | 26.6% | 37.0% | 26.1pp | 15.6pp |
| EPS (Diluted) | $4.09 | $1.14 | $1.41 | 258.8% | 190.1% |
| Free Cash Flow | $164M | $77M | -$37M | 114.4% | 543.9% |
| Item | Amount |
|---|---|
| REVENUE | $253M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $233M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $70M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $163M |
| Interest Income | $9M |
| Interest Expense | $11M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $153M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $18M |
| EBIT | $164M |
| EBITDA | $182M |
| EPS | $5 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $253M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $233M |
| R&D Expenses | $49M |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $70M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $163M |
| Interest Income | $9M |
| Interest Expense | $11M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $153M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $18M |
| EBIT | $164M |
| EBITDA | $182M |
| EPS | $5 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $133M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | $63M |
| OPERATING CASH FLOW | $192M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$97M |
| Sales/Maturities of Investments | $95M |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $164M |
| Net Change in Cash | $141M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $527M |
| Short-Term Investments | $431M |
| Net Receivables | $205M |
| Inventory | $0 |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $34M |
| Goodwill | $22M |
| Intangible Assets | $309M |
| Long-Term Investments | $20M |
| Tax Assets | $128M |
| Other Non-Current Assets | $92M |
| TOTAL NON-CURRENT ASSETS | $605M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $12M |
| Short-Term Debt | $456M |
| Deferred Revenue | $178M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $726M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $182M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $253M |
| TOTAL LIABILITIES | $978M |
| Common Stock | $705.0K |
| Additional Paid-In Capital | $809M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$458.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $857M |
| Minority Interest | $0 |
| TOTAL EQUITY | $857M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $491M |
| Net Debt | -$36M |
