| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $167M | $166M | $151M | 0.2% | 10.0% |
| Op. Income | $111M | $119M | $105M | -7.1% | 5.4% |
| Gross Margin | 89.5% | 93.7% | 94.4% | -4.1pp | -4.9pp |
| Net Margin | 51.8% | 55.9% | 55.1% | -4.1pp | -3.4pp |
| EPS (Diluted) | $1.07 | $1.15 | $1.01 | -7.0% | 5.9% |
| Free Cash Flow | $34M | $132M | $29M | -74.0% | 20.2% |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $38M |
| Operating Expenses | $38M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $111M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $3M |
| EBIT | $118M |
| EBITDA | $121M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $38M |
| Operating Expenses | $38M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $111M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $3M |
| EBIT | $118M |
| EBITDA | $121M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $86M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $17M |
| Other Non-Cash Items | $780.0K |
| Change in Working Capital | -$77M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$153M |
| Sales/Maturities of Investments | $69M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$86M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$29M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$28.0K |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | -$79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $302M |
| Net Receivables | $115M |
| Inventory | $0 |
| Other Current Assets | -$115M |
| TOTAL CURRENT ASSETS | $54M |
| PP&E (Net) | $34M |
| Goodwill | $3M |
| Intangible Assets | $65M |
| Long-Term Investments | $2.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $470M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $65M |
| Other Current Liabilities | -$65M |
| TOTAL CURRENT LIABILITIES | $16M |
| Long-Term Debt | $415M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $429M |
| Other Non-Current Liabilities | $283M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $879.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $1.6B |
| Treasury Stock | -$247M |
| Accum. Other Comp. Income | -$125M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $415M |
| Net Debt | $361M |
