| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $202M | $191M | $286M | 6.0% | -29.3% |
| Op. Income | $19M | -$4M | $68M | 533.9% | -71.2% |
| Gross Margin | 47.4% | 47.2% | 46.3% | 0.2pp | 1.0pp |
| Net Margin | 11.5% | 2.2% | 22.7% | 9.4pp | -11.1pp |
| EPS (Diluted) | $0.41 | $0.07 | $1.10 | 467.1% | -62.7% |
| Free Cash Flow | $68M | -$2M | $104M | 4274.5% | -34.4% |
| Item | Amount |
|---|---|
| REVENUE | $202M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $96M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $183M |
| OPERATING INCOME | $19M |
| Interest Income | $10M |
| Interest Expense | $26.0K |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $8M |
| EBIT | $29M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $202M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $96M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $183M |
| OPERATING INCOME | $19M |
| Interest Income | $10M |
| Interest Expense | $26.0K |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $8M |
| EBIT | $29M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $454.0K |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$606.0K |
| Purchases of Investments | -$130M |
| Sales/Maturities of Investments | $210M |
| Other Investing Activities | $273.0K |
| NET CASH FROM INVESTING | $70M |
| Net Debt Issuance | -$182.0K |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $68M |
| Net Change in Cash | $128M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $529M |
| Short-Term Investments | $230M |
| Net Receivables | $169M |
| Inventory | $217M |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $157M |
| Goodwill | $89M |
| Intangible Assets | $29M |
| Long-Term Investments | $716.0K |
| Tax Assets | $32M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $311M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $49M |
| Short-Term Debt | $0 |
| Deferred Revenue | $36M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $182M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $65M |
| TOTAL NON-CURRENT LIABILITIES | $144M |
| TOTAL LIABILITIES | $325M |
| Common Stock | $578M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | -$737M |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $48M |
| Net Debt | -$481M |
