| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $195M | $179M | $134M | 8.8% | 45.1% |
| Op. Income | $55M | $49M | $34M | 12.7% | 64.8% |
| Gross Margin | 56.4% | 56.6% | 55.1% | -0.2pp | 1.3pp |
| Net Margin | 25.9% | 28.7% | 28.4% | -2.7pp | -2.4pp |
| EPS (Diluted) | $1.58 | $1.60 | $1.19 | -1.3% | 32.8% |
| Free Cash Flow | $61M | $43M | $21M | 41.6% | 191.4% |
| Item | Amount |
|---|---|
| REVENUE | $195M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $110M |
| R&D Expenses | $31M |
| Selling & Marketing | $16M |
| General & Administrative | $8M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $139M |
| OPERATING INCOME | $55M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $4M |
| EBIT | $55M |
| EBITDA | $60M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $195M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $110M |
| R&D Expenses | $31M |
| Selling & Marketing | $16M |
| General & Administrative | $8M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $139M |
| OPERATING INCOME | $55M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $4M |
| EBIT | $55M |
| EBITDA | $60M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$66M |
| Sales/Maturities of Investments | $58M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$48M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $158M |
| Short-Term Investments | $429M |
| Net Receivables | $140M |
| Inventory | $157M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $902M |
| PP&E (Net) | $133M |
| Goodwill | $48M |
| Intangible Assets | $31M |
| Long-Term Investments | $234M |
| Tax Assets | $32M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $488M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $60M |
| Short-Term Debt | $181M |
| Deferred Revenue | $73M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $388M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $74M |
| TOTAL LIABILITIES | $463M |
| Common Stock | $0 |
| Additional Paid-In Capital | $135M |
| Retained Earnings | $798M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $928M |
| Minority Interest | $0 |
| TOTAL EQUITY | $928M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $236M |
| Net Debt | $78M |
