| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $154M | $174M | $154M | -11.4% | 0.1% |
| Op. Income | $104M | $122M | $102M | -15.4% | 1.8% |
| Gross Margin | 71.4% | 73.4% | 69.4% | -2.0pp | 2.0pp |
| Net Margin | 65.3% | 68.8% | 66.0% | -3.4pp | -0.7pp |
| EPS (Diluted) | $0.45 | $0.57 | $0.50 | -21.1% | -10.0% |
| Free Cash Flow | $162M | -$154M | $74M | 205.3% | 118.0% |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $3M |
| Operating Expenses | $7M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $104M |
| Interest Income | $152M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $0 |
| EBIT | $148M |
| EBITDA | $148M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $3M |
| Operating Expenses | $7M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $104M |
| Interest Income | $152M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $0 |
| EBIT | $148M |
| EBITDA | $148M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $101M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | $84M |
| OPERATING CASH FLOW | $162M |
| 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 | -$24M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$57M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$91M |
| FREE CASH FLOW | $162M |
| Net Change in Cash | $71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $257M |
| Short-Term Investments | $0 |
| Net Receivables | $48M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $305M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.4B |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $6.7B |
| Account Payables | $124M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $124M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $271M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $2.9B |
| Net Debt | $2.7B |
