| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $124M | $129M | $98M | -3.7% | 25.8% |
| Op. Income | $50M | $53M | $55M | -6.2% | -8.8% |
| Gross Margin | 52.3% | 56.4% | 73.3% | -4.1pp | -21.0pp |
| Net Margin | 29.0% | 29.7% | 40.2% | -0.8pp | -11.2pp |
| EPS (Diluted) | $2.60 | $2.71 | $2.71 | -4.1% | -4.1% |
| Free Cash Flow | -$1M | $59M | $36M | -102.0% | -103.3% |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $239.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $2M |
| Operating Expenses | $15M |
| Cost & Expenses | $74M |
| OPERATING INCOME | $50M |
| Interest Income | $125M |
| Interest Expense | $56M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $444.0K |
| EBIT | $50M |
| EBITDA | $51M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $239.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $2M |
| Operating Expenses | $15M |
| Cost & Expenses | $74M |
| OPERATING INCOME | $50M |
| Interest Income | $125M |
| Interest Expense | $56M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $444.0K |
| EBIT | $50M |
| EBITDA | $51M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $444.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $198.0K |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $42M |
| Other Investing Activities | -$143M |
| NET CASH FROM INVESTING | -$119M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$110M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $891M |
| Short-Term Investments | $314M |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $32M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5.3B |
| Tax Assets | $49M |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $6.7B |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.7B |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $148M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $71M |
| TOTAL NON-CURRENT LIABILITIES | $239M |
| TOTAL LIABILITIES | $6.0B |
| Common Stock | $211M |
| Additional Paid-In Capital | $87M |
| Retained Earnings | $592M |
| Treasury Stock | -$163M |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $695M |
| Minority Interest | $0 |
| TOTAL EQUITY | $695M |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $168M |
| Net Debt | -$723M |
