| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $108M | $99M | $95M | 8.7% | 13.4% |
| Op. Income | $36M | $30M | $31M | 21.3% | 16.5% |
| Gross Margin | 60.6% | 59.1% | 71.2% | 1.4pp | -10.6pp |
| Net Margin | 27.4% | 25.4% | 27.2% | 2.0pp | 0.2pp |
| EPS (Diluted) | $1.15 | $0.98 | $1.01 | 17.3% | 13.9% |
| Free Cash Flow | $26M | $49M | $33M | -48.3% | -23.5% |
| Item | Amount |
|---|---|
| REVENUE | $108M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $13M |
| Operating Expenses | $29M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $36M |
| Interest Income | $91M |
| Interest Expense | $42M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $1M |
| EBIT | $36M |
| EBITDA | $37M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $108M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $13M |
| Operating Expenses | $29M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $36M |
| Interest Income | $91M |
| Interest Expense | $42M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $1M |
| EBIT | $36M |
| EBITDA | $37M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $561.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$981.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$46M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | -$84.0K |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $63M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $152M |
| Short-Term Investments | $1.1B |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $58M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $5.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $252M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.7B |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $83M |
| TOTAL NON-CURRENT LIABILITIES | $133M |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $128M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $693M |
| Treasury Stock | -$16M |
| Accum. Other Comp. Income | -$155M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $650M |
| Minority Interest | $89.0K |
| TOTAL EQUITY | $650M |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $50M |
| Net Debt | -$102M |
