| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $570M | $567M | $605M | 0.5% | -5.8% |
| Op. Income | $5M | $12M | -$14M | -60.2% | 133.8% |
| Gross Margin | 35.4% | 36.9% | 35.1% | -1.5pp | 0.3pp |
| Net Margin | 8.0% | 12.9% | 2.2% | -4.8pp | 5.9pp |
| EPS (Diluted) | $0.68 | $1.08 | $0.18 | -37.0% | 277.8% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $570M |
| Cost of Revenue | $368M |
| GROSS PROFIT | $201M |
| R&D Expenses | $73M |
| Selling & Marketing | $92M |
| General & Administrative | $35M |
| SG&A Expenses | $127M |
| Other Expenses | $0 |
| Operating Expenses | $199M |
| Cost & Expenses | $568M |
| OPERATING INCOME | $5M |
| Interest Income | $47M |
| Interest Expense | $2M |
| Other Income/Expenses | $43M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$6M |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $0 |
| EBIT | $50M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $570M |
| Cost of Revenue | $368M |
| GROSS PROFIT | $201M |
| R&D Expenses | $73M |
| Selling & Marketing | $92M |
| General & Administrative | $35M |
| SG&A Expenses | $127M |
| Other Expenses | $0 |
| Operating Expenses | $199M |
| Cost & Expenses | $568M |
| OPERATING INCOME | $5M |
| Interest Income | $47M |
| Interest Expense | $2M |
| Other Income/Expenses | $43M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$6M |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $0 |
| EBIT | $50M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$53M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | -$174M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $2.2B |
| Net Receivables | $294M |
| Inventory | $0 |
| Other Current Assets | $93M |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $421M |
| Goodwill | $2.6B |
| Intangible Assets | $650M |
| Long-Term Investments | $545M |
| Tax Assets | $334M |
| Other Non-Current Assets | -$187M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $8.5B |
| Account Payables | $67M |
| Short-Term Debt | $458M |
| Deferred Revenue | $80M |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $13M |
| Deferred Tax Liabilities | $54M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $107M |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $12.0K |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $2.9B |
| Treasury Stock | -$6.5B |
| Accum. Other Comp. Income | -$159M |
| Other Equity | $5.6B |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $155M |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $8.5B |
| Total Debt | $489M |
| Net Debt | -$895M |
