| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $203M | $184M | $168M | 10.3% | 20.7% |
| Op. Income | $68M | $66M | $68M | 3.8% | 0.4% |
| Gross Margin | 74.2% | 78.1% | 88.6% | -3.9pp | -14.4pp |
| Net Margin | 23.0% | 24.4% | 27.6% | -1.4pp | -4.6pp |
| EPS (Diluted) | $0.98 | $0.93 | $0.97 | 5.4% | 1.0% |
| Free Cash Flow | $101M | $85M | $43M | 19.4% | 137.0% |
| Item | Amount |
|---|---|
| REVENUE | $203M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $151M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $44M |
| SG&A Expenses | $47M |
| Other Expenses | $35M |
| Operating Expenses | $82M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $68M |
| Interest Income | $176M |
| Interest Expense | $33M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $7M |
| EBIT | $68M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $203M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $151M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $44M |
| SG&A Expenses | $47M |
| Other Expenses | $35M |
| Operating Expenses | $82M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $68M |
| Interest Income | $176M |
| Interest Expense | $33M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $7M |
| EBIT | $68M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | $38M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $108M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$579M |
| Sales/Maturities of Investments | $59M |
| Other Investing Activities | -$330M |
| NET CASH FROM INVESTING | -$856M |
| Net Debt Issuance | -$251M |
| Common Stock Repurchased | $24.0K |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $1.2B |
| NET CASH FROM FINANCING | $964M |
| FREE CASH FLOW | $101M |
| Net Change in Cash | $215M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $748M |
| Short-Term Investments | $2.1B |
| Net Receivables | $71M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $126M |
| Goodwill | $84M |
| Intangible Assets | $70M |
| Long-Term Investments | $8.0B |
| Tax Assets | $5M |
| Other Non-Current Assets | $88M |
| TOTAL NON-CURRENT ASSETS | $8.4B |
| TOTAL ASSETS | $11.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.8B |
| TOTAL CURRENT LIABILITIES | $9.8B |
| Long-Term Debt | $201M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $142M |
| TOTAL NON-CURRENT LIABILITIES | $389M |
| TOTAL LIABILITIES | $10.2B |
| Common Stock | $60M |
| Additional Paid-In Capital | $639M |
| Retained Earnings | $639M |
| Treasury Stock | -$228M |
| Accum. Other Comp. Income | $84M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $11.3B |
| Total Debt | $225M |
| Net Debt | -$523M |
