| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $134M | $129M | $151M | 4.2% | -11.3% |
| Op. Income | $34M | $34M | $37M | -1.4% | -8.8% |
| Gross Margin | 55.1% | 56.1% | 55.4% | -0.9pp | -0.2pp |
| Net Margin | 28.4% | 26.2% | 23.9% | 2.2pp | 4.5pp |
| EPS (Diluted) | $1.19 | $1.05 | $1.14 | 13.3% | 4.4% |
| Free Cash Flow | $21M | $43M | $41M | -51.5% | -49.2% |
| Item | Amount |
|---|---|
| REVENUE | $134M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $74M |
| R&D Expenses | $21M |
| Selling & Marketing | $14M |
| General & Administrative | $5M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $34M |
| Interest Income | $7M |
| Interest Expense | $1M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $4M |
| EBIT | $41M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $134M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $74M |
| R&D Expenses | $21M |
| Selling & Marketing | $14M |
| General & Administrative | $5M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $34M |
| Interest Income | $7M |
| Interest Expense | $1M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $4M |
| EBIT | $41M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $240.1K |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$72M |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $399 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$35 |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $108M |
| Short-Term Investments | $336M |
| Net Receivables | $112M |
| Inventory | $138M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $710M |
| PP&E (Net) | $109M |
| Goodwill | $50M |
| Intangible Assets | $39M |
| Long-Term Investments | $198M |
| Tax Assets | $24M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $424M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $35M |
| Short-Term Debt | $198M |
| Deferred Revenue | $42M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $323M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $383M |
| Common Stock | $0 |
| Additional Paid-In Capital | $140M |
| Retained Earnings | $614M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $751M |
| Minority Interest | $0 |
| TOTAL EQUITY | $751M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $244M |
| Net Debt | $137M |
