| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $79M | $67M | 18.1% | 38.9% |
| Op. Income | $24M | $17M | $16M | 39.3% | 47.0% |
| Gross Margin | 65.7% | 65.4% | 66.4% | 0.2pp | -0.8pp |
| Net Margin | 19.7% | 15.2% | 28.1% | 4.6pp | -8.4pp |
| EPS (Diluted) | $0.68 | $0.47 | $0.42 | 44.7% | 61.9% |
| Free Cash Flow | -$92M | -$26M | -$53M | -253.7% | -73.9% |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $13M |
| Operating Expenses | $37M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $24M |
| Interest Income | $34M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $214.0K |
| EBIT | $24M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $13M |
| Operating Expenses | $37M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $24M |
| Interest Income | $34M |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $214.0K |
| EBIT | $24M |
| EBITDA | $24M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $214.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$113M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$92M |
| Capital Expenditure | -$64.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$53M |
| Sales/Maturities of Investments | $62M |
| Other Investing Activities | -$95M |
| NET CASH FROM INVESTING | -$86M |
| Net Debt Issuance | $52M |
| Common Stock Repurchased | -$402.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $323M |
| NET CASH FROM FINANCING | $369M |
| FREE CASH FLOW | -$92M |
| Net Change in Cash | $191M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $353M |
| Short-Term Investments | $0 |
| Net Receivables | $52M |
| Inventory | $0 |
| Other Current Assets | -$375M |
| TOTAL CURRENT ASSETS | $31M |
| PP&E (Net) | $6M |
| Goodwill | $14M |
| Intangible Assets | $667.0K |
| Long-Term Investments | $1.4B |
| Tax Assets | $14M |
| Other Non-Current Assets | -$1.4B |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $9M |
| Short-Term Debt | $98M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $964M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $610M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $692M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $526.0K |
| Additional Paid-In Capital | $218M |
| Retained Earnings | $58M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$21.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $296M |
| Minority Interest | $0 |
| TOTAL EQUITY | $296M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $715M |
| Net Debt | $361M |
