| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $151M | $148M | $133M | 2.2% | 13.7% |
| Op. Income | $105M | $107M | $95M | -2.0% | 11.0% |
| Gross Margin | 94.4% | 96.6% | 97.3% | -2.2pp | -2.9pp |
| Net Margin | 55.1% | 56.7% | 54.8% | -1.6pp | 0.3pp |
| EPS (Diluted) | $1.01 | $1.00 | $0.86 | 1.0% | 17.4% |
| Free Cash Flow | $29M | $117M | $29M | -75.6% | -1.1% |
| Item | Amount |
|---|---|
| REVENUE | $151M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $143M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $38M |
| Operating Expenses | $38M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $105M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $3M |
| EBIT | $113M |
| EBITDA | $116M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $151M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $143M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $38M |
| Operating Expenses | $38M |
| Cost & Expenses | $46M |
| OPERATING INCOME | $105M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $105M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $3M |
| EBIT | $113M |
| EBITDA | $116M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $83M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $25M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$88M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $81M |
| Purchases of Investments | -$150M |
| Sales/Maturities of Investments | $69M |
| Other Investing Activities | -$81M |
| NET CASH FROM INVESTING | -$82M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $0 |
| Net Receivables | $104M |
| Inventory | $0 |
| Other Current Assets | -$104M |
| TOTAL CURRENT ASSETS | $95M |
| PP&E (Net) | $39M |
| Goodwill | $3M |
| Intangible Assets | $63M |
| Long-Term Investments | $2.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $368M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $398M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $614M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $873.0K |
| Additional Paid-In Capital | $991M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$149M |
| Accum. Other Comp. Income | -$140M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $398M |
| Net Debt | $302M |
