| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $301M | $307M | $284M | -1.7% | 6.2% |
| Op. Income | $235M | $254M | $230M | -7.7% | 2.1% |
| Gross Margin | 96.3% | 102.5% | 102.3% | -6.2pp | -6.0pp |
| Net Margin | 61.3% | 65.2% | 65.0% | -3.9pp | -3.7pp |
| EPS (Diluted) | $0.72 | $0.77 | $0.66 | -6.5% | 9.1% |
| Free Cash Flow | $182M | $182M | $186M | -0.3% | -2.1% |
| Item | Amount |
|---|---|
| REVENUE | $301M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $290M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $56M |
| Operating Expenses | $56M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $235M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $235M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $185M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $185M |
| D&A | $4M |
| EBIT | $244M |
| EBITDA | $248M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $301M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $290M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $56M |
| Operating Expenses | $56M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $235M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $235M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $185M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $185M |
| D&A | $4M |
| EBIT | $244M |
| EBITDA | $248M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $185M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$312.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $182M |
| Capital Expenditure | -$514.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$441M |
| Sales/Maturities of Investments | $422M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$195M |
| Common Dividends Paid | -$33M |
| Other Financing Activities | -$20.0K |
| NET CASH FROM FINANCING | -$228M |
| FREE CASH FLOW | $182M |
| Net Change in Cash | -$65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $229M |
| Short-Term Investments | $5.9B |
| Net Receivables | $109M |
| Inventory | $0 |
| Other Current Assets | -$6.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $36M |
| Goodwill | $0 |
| Intangible Assets | $12M |
| Long-Term Investments | $5.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5.9B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $6.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $645M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $730M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $248M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $3.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$288M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $645M |
| Net Debt | $415M |
