| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $127M | $123M | $134M | 3.0% | -5.1% |
| Op. Income | $51M | $46M | $60M | 10.4% | -14.4% |
| Gross Margin | 84.0% | 83.6% | 84.3% | 0.4pp | -0.3pp |
| Net Margin | 43.5% | 37.8% | 28.2% | 5.7pp | 15.3pp |
| EPS (Diluted) | $0.64 | $0.54 | $0.44 | 18.5% | 45.5% |
| Free Cash Flow | $59M | $39M | $54M | 51.0% | 8.9% |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $107M |
| R&D Expenses | $3M |
| Selling & Marketing | $49M |
| General & Administrative | $2M |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $51M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $122.0K |
| EBIT | $51M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $107M |
| R&D Expenses | $3M |
| Selling & Marketing | $49M |
| General & Administrative | $2M |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $51M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $122.0K |
| EBIT | $51M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $122.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$28.4K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $935.0K |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$17.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $40M |
| Sales/Maturities of Investments | -$90M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $246.7K |
| FREE CASH FLOW | $59M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $144M |
| Short-Term Investments | $597M |
| Net Receivables | $44M |
| Inventory | $45M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $845M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $700.0K |
| Tax Assets | $2M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $18M |
| TOTAL ASSETS | $863M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $11M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $64M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $76M |
| Common Stock | $245.0K |
| Additional Paid-In Capital | $178M |
| Retained Earnings | $693M |
| Treasury Stock | -$82M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $787M |
| Minority Interest | $0 |
| TOTAL EQUITY | $787M |
| TOTAL LIABILITIES & EQUITY | $863M |
| Total Debt | $9M |
| Net Debt | -$135M |
