| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $351M | $15M | $318M | 2226.9% | 10.3% |
| Op. Income | $321M | $5M | $196M | 6162.5% | 64.1% |
| Gross Margin | 71.2% | -0.8% | 70.3% | 72.0pp | 0.9pp |
| Net Margin | 40.7% | 211.7% | 54.9% | -170.9pp | -14.2pp |
| EPS (Diluted) | $1.26 | $0.20 | $1.65 | 530.0% | -23.6% |
| Free Cash Flow | $121M | $80M | $211M | 51.5% | -42.5% |
| Item | Amount |
|---|---|
| REVENUE | $351M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $250M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$71M |
| Operating Expenses | -$71M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $321M |
| Interest Income | $138M |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $306M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $306M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $143M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $0 |
| EBIT | $321M |
| EBITDA | $321M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $351M |
| Cost of Revenue | $101M |
| GROSS PROFIT | $250M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$71M |
| Operating Expenses | -$71M |
| Cost & Expenses | $30M |
| OPERATING INCOME | $321M |
| Interest Income | $138M |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $306M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $306M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $143M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $0 |
| EBIT | $321M |
| EBITDA | $321M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $143M |
| Depreciation & Amortization | -$2M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$505.0K |
| Other Non-Cash Items | $81M |
| Change in Working Capital | -$125M |
| OPERATING CASH FLOW | $121M |
| Capital Expenditure | $466.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $998M |
| Other Investing Activities | $2.4B |
| NET CASH FROM INVESTING | -$519M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $17M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $482M |
| NET CASH FROM FINANCING | $467M |
| FREE CASH FLOW | $121M |
| Net Change in Cash | $68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $337M |
| Short-Term Investments | $0 |
| Net Receivables | $389M |
| Inventory | $0 |
| Other Current Assets | -$726M |
| TOTAL CURRENT ASSETS | $66M |
| PP&E (Net) | $0 |
| Goodwill | $18M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.5B |
| TOTAL NON-CURRENT ASSETS | $7.5B |
| TOTAL ASSETS | $7.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $463M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $334M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $1.5B |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $3.7B |
| TOTAL EQUITY | $5.9B |
| TOTAL LIABILITIES & EQUITY | $7.6B |
| Total Debt | $1.2B |
| Net Debt | $835M |
