| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $276M | $269M | $312M | 2.7% | -11.3% |
| Op. Income | $155M | $140M | $194M | 10.5% | -20.0% |
| Gross Margin | 61.1% | 56.7% | 65.9% | 4.4pp | -4.8pp |
| Net Margin | 56.0% | 50.3% | 60.6% | 5.7pp | -4.6pp |
| EPS (Diluted) | $0.40 | $0.35 | $0.48 | 14.3% | -16.7% |
| Free Cash Flow | $446M | -$4M | $157M | 12740.4% | 184.2% |
| Item | Amount |
|---|---|
| REVENUE | $276M |
| Cost of Revenue | $107M |
| GROSS PROFIT | $169M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $8M |
| Operating Expenses | $14M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $155M |
| Interest Income | $338M |
| Interest Expense | $107M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | -$42.0K |
| Net Income from Continuing Ops | $155M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $155M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $155M |
| D&A | $0 |
| EBIT | $155M |
| EBITDA | $155M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $276M |
| Cost of Revenue | $107M |
| GROSS PROFIT | $169M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $8M |
| Operating Expenses | $14M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $155M |
| Interest Income | $338M |
| Interest Expense | $107M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | -$42.0K |
| Net Income from Continuing Ops | $155M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $155M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $155M |
| D&A | $0 |
| EBIT | $155M |
| EBITDA | $155M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $155M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $201M |
| Change in Working Capital | $90M |
| OPERATING CASH FLOW | $446M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | -$239M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$164M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$413M |
| FREE CASH FLOW | $446M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $432M |
| Short-Term Investments | $0 |
| Net Receivables | $123M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $589M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.3B |
| TOTAL NON-CURRENT ASSETS | $13.3B |
| TOTAL ASSETS | $13.9B |
| Account Payables | $144M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $144M |
| Long-Term Debt | $7.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $311M |
| TOTAL NON-CURRENT LIABILITIES | $7.8B |
| TOTAL LIABILITIES | $7.9B |
| Common Stock | $4M |
| Additional Paid-In Capital | $5.9B |
| Retained Earnings | $29M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.0B |
| TOTAL LIABILITIES & EQUITY | $13.9B |
| Total Debt | $7.5B |
| Net Debt | $7.0B |
