| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $134M | $103M | $80M | 29.3% | 67.9% |
| Op. Income | $84M | $57M | $37M | 45.7% | 123.6% |
| Gross Margin | 67.9% | 61.8% | 50.4% | 6.1pp | 17.5pp |
| Net Margin | 56.9% | 49.6% | 44.5% | 7.3pp | 12.4pp |
| EPS (Diluted) | $1.89 | $1.27 | $0.88 | 48.8% | 114.8% |
| Free Cash Flow | $39M | $42M | $29M | -6.0% | 35.9% |
| Item | Amount |
|---|---|
| REVENUE | $134M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | -$608.1K |
| Operating Expenses | $7M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $84M |
| Interest Income | $1M |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $19M |
| EBIT | $77M |
| EBITDA | $97M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $134M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | -$608.1K |
| Operating Expenses | $7M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $84M |
| Interest Income | $1M |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $19M |
| EBIT | $77M |
| EBITDA | $97M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $836.5K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $98M |
| Capital Expenditure | -$59M |
| Acquisitions (Net) | $80M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$80M |
| NET CASH FROM INVESTING | -$66M |
| Net Debt Issuance | $28M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$240.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $149M |
| Short-Term Investments | $0 |
| Net Receivables | $76M |
| Inventory | $3M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $236M |
| PP&E (Net) | $1.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $11M |
| Short-Term Debt | $53M |
| Deferred Revenue | $208.6K |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $95M |
| Long-Term Debt | $604M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $740M |
| TOTAL LIABILITIES | $835M |
| Common Stock | $516.3K |
| Additional Paid-In Capital | $764M |
| Retained Earnings | $232M |
| Treasury Stock | -$123M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $874M |
| Minority Interest | $0 |
| TOTAL EQUITY | $874M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $816M |
| Net Debt | $667M |
