| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $141M | $163M | $134M | -13.3% | 5.8% |
| Op. Income | $82M | $110M | $84M | -25.9% | -2.4% |
| Gross Margin | 63.9% | 72.0% | 67.9% | -8.1pp | -4.0pp |
| Net Margin | 56.0% | 61.3% | 56.9% | -5.3pp | -0.8pp |
| EPS (Diluted) | $1.96 | $2.47 | $1.89 | -20.6% | 3.7% |
| Free Cash Flow | $129M | $70M | $39M | 84.7% | 228.5% |
| Item | Amount |
|---|---|
| REVENUE | $141M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $82M |
| Interest Income | $3M |
| Interest Expense | $10M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $18M |
| EBIT | $89M |
| EBITDA | $107M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $141M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $82M |
| Interest Income | $3M |
| Interest Expense | $10M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $18M |
| EBIT | $89M |
| EBITDA | $107M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $79M |
| Depreciation & Amortization | -$4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $26M |
| Change in Working Capital | $51M |
| OPERATING CASH FLOW | $154M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$407.5K |
| NET CASH FROM FINANCING | -$55M |
| FREE CASH FLOW | $129M |
| Net Change in Cash | $74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $283M |
| Short-Term Investments | $12M |
| Net Receivables | $53M |
| Inventory | $2M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $369M |
| PP&E (Net) | $1.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $10M |
| Short-Term Debt | $54M |
| Deferred Revenue | $486.9K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $102M |
| Long-Term Debt | $552M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $712M |
| TOTAL LIABILITIES | $814M |
| Common Stock | $520.0K |
| Additional Paid-In Capital | $773M |
| Retained Earnings | $377M |
| Treasury Stock | -$127M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $797M |
| Net Debt | $514M |
