| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $145M | $142M | $150M | 1.9% | -3.4% |
| Op. Income | $72M | $0 | $0 | — | — |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 37.0% | 34.3% | 42.1% | 2.7pp | -5.1pp |
| EPS (Diluted) | $1.11 | $0.99 | $1.26 | 12.1% | -11.9% |
| Free Cash Flow | $81M | $26M | $66M | 217.7% | 24.2% |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $145M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $24M |
| SG&A Expenses | $26M |
| Other Expenses | $47M |
| Operating Expenses | $73M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $72M |
| Interest Income | $140M |
| Interest Expense | $53M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | -$799.0K |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $0 |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $145M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $24M |
| SG&A Expenses | $26M |
| Other Expenses | $47M |
| Operating Expenses | $73M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $72M |
| Interest Income | $140M |
| Interest Expense | $53M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | -$799.0K |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $0 |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$24M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | $114M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $209M |
| Purchases of Investments | -$696M |
| Sales/Maturities of Investments | $349M |
| Other Investing Activities | $287.0K |
| NET CASH FROM INVESTING | -$171M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$34M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$72M |
| FREE CASH FLOW | $81M |
| Net Change in Cash | -$105M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $2.8B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $188M |
| Goodwill | $24M |
| Intangible Assets | $75M |
| Long-Term Investments | $1.0B |
| Tax Assets | $9.1B |
| Other Non-Current Assets | $70M |
| TOTAL NON-CURRENT ASSETS | $10.5B |
| TOTAL ASSETS | $13.4B |
| Account Payables | $0 |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$157M |
| TOTAL CURRENT LIABILITIES | $8.3B |
| Long-Term Debt | $98M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12.2B |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $12.4B |
| Common Stock | $475.0K |
| Additional Paid-In Capital | $989M |
| Retained Earnings | $343M |
| Treasury Stock | -$18M |
| Accum. Other Comp. Income | -$310M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $13.4B |
| Total Debt | $132M |
| Net Debt | -$1.5B |
