| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $346M | $332M | $203M | 4.2% | 69.9% |
| Op. Income | $99M | $107M | $75M | -6.7% | 32.8% |
| Gross Margin | 43.8% | 44.8% | 54.5% | -0.9pp | -10.7pp |
| Net Margin | 22.4% | 24.6% | 28.1% | -2.2pp | -5.7pp |
| EPS (Diluted) | $1.58 | $1.68 | $1.12 | -6.0% | 41.1% |
| Free Cash Flow | $710M | -$550M | -$859M | 229.1% | 182.7% |
| Item | Amount |
|---|---|
| REVENUE | $346M |
| Cost of Revenue | $194M |
| GROSS PROFIT | $151M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $37M |
| SG&A Expenses | $37M |
| Other Expenses | $15M |
| Operating Expenses | $52M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $99M |
| Interest Income | $312M |
| Interest Expense | $187M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $733.0K |
| EBIT | $99M |
| EBITDA | $100M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $346M |
| Cost of Revenue | $194M |
| GROSS PROFIT | $151M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $37M |
| SG&A Expenses | $37M |
| Other Expenses | $15M |
| Operating Expenses | $52M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $99M |
| Interest Income | $312M |
| Interest Expense | $187M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $733.0K |
| EBIT | $99M |
| EBITDA | $100M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $77M |
| Depreciation & Amortization | $733.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $291M |
| Change in Working Capital | $345M |
| OPERATING CASH FLOW | $714M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$891M |
| Sales/Maturities of Investments | $189M |
| Other Investing Activities | -$182M |
| NET CASH FROM INVESTING | -$889M |
| Net Debt Issuance | -$690M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $1.1B |
| NET CASH FROM FINANCING | $352M |
| FREE CASH FLOW | $710M |
| Net Change in Cash | $177M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $584M |
| Short-Term Investments | $1.1B |
| Net Receivables | $91M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $42M |
| Goodwill | $16M |
| Intangible Assets | $159M |
| Long-Term Investments | $14.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $358M |
| TOTAL NON-CURRENT ASSETS | $15.2B |
| TOTAL ASSETS | $17.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.1B |
| TOTAL CURRENT LIABILITIES | $14.1B |
| Long-Term Debt | $964M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $206M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $15.3B |
| Common Stock | $140M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $17.0B |
| Total Debt | $964M |
| Net Debt | $380M |
