| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $91M | $84M | $42M | 8.7% | 116.3% |
| Op. Income | $41M | $22M | $3M | 84.5% | 1218.6% |
| Gross Margin | 94.6% | 92.0% | 89.6% | 2.5pp | 5.0pp |
| Net Margin | 49.9% | 32.4% | 20.6% | 17.5pp | 29.3pp |
| EPS (Diluted) | $1.52 | $0.91 | $0.30 | 67.0% | 406.7% |
| Free Cash Flow | $52M | $58M | -$9M | -10.0% | 673.2% |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $86M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $2M |
| EBIT | $41M |
| EBITDA | $43M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $86M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $45M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $2M |
| EBIT | $41M |
| EBITDA | $43M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$801.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$143M |
| Sales/Maturities of Investments | $60M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$84M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $345M |
| Short-Term Investments | $253M |
| Net Receivables | $105M |
| Inventory | $27M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $742M |
| PP&E (Net) | $161M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $152M |
| Tax Assets | $0 |
| Other Non-Current Assets | $231.0K |
| TOTAL NON-CURRENT ASSETS | $314M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $102M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $109M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$181M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$190.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $946M |
| Minority Interest | $0 |
| TOTAL EQUITY | $946M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $7M |
| Net Debt | -$338M |
