| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $189M | $177M | $142M | 6.9% | 32.7% |
| Op. Income | $40M | $32M | $47M | 25.5% | -14.8% |
| Gross Margin | 69.9% | 69.0% | 88.0% | 0.9pp | -18.1pp |
| Net Margin | 16.1% | 13.9% | 25.4% | 2.2pp | -9.3pp |
| EPS (Diluted) | $0.64 | $0.54 | $0.84 | 18.5% | -23.8% |
| Free Cash Flow | $33M | $51M | $27M | -36.0% | 19.3% |
| Item | Amount |
|---|---|
| REVENUE | $189M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $132M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $52M |
| SG&A Expenses | $53M |
| Other Expenses | $39M |
| Operating Expenses | $92M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $40M |
| Interest Income | $151M |
| Interest Expense | $52M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $9M |
| 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 | $7M |
| EBIT | $40M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $189M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $132M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $52M |
| SG&A Expenses | $53M |
| Other Expenses | $39M |
| Operating Expenses | $92M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $40M |
| Interest Income | $151M |
| Interest Expense | $52M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $9M |
| 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 | $7M |
| EBIT | $40M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $965.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $45M |
| Other Investing Activities | $16M |
| NET CASH FROM INVESTING | $48M |
| Net Debt Issuance | -$104M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$433M |
| NET CASH FROM FINANCING | -$551M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$467M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $205M |
| Short-Term Investments | $1.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $81M |
| Goodwill | $362M |
| Intangible Assets | $40M |
| Long-Term Investments | $10.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $707M |
| TOTAL NON-CURRENT ASSETS | $11.7B |
| TOTAL ASSETS | $13.3B |
| Account Payables | $0 |
| Short-Term Debt | $387M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.0B |
| TOTAL CURRENT LIABILITIES | $11.4B |
| Long-Term Debt | $251M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $277M |
| TOTAL NON-CURRENT LIABILITIES | $528M |
| TOTAL LIABILITIES | $11.9B |
| Common Stock | $540.0K |
| Additional Paid-In Capital | $741M |
| Retained Earnings | $1.0B |
| Treasury Stock | -$177M |
| Accum. Other Comp. Income | -$161M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $13.3B |
| Total Debt | $637M |
| Net Debt | $432M |
