| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $183M | $178M | $155M | 3.2% | 17.8% |
| Op. Income | $40M | $37M | $67M | 6.4% | -40.9% |
| Gross Margin | 63.1% | 58.0% | 84.0% | 5.1pp | -20.8pp |
| Net Margin | 14.9% | 16.1% | 31.5% | -1.2pp | -16.6pp |
| EPS (Diluted) | $0.36 | $0.38 | $0.66 | -5.3% | -45.5% |
| Free Cash Flow | $45M | $39M | $41M | 15.4% | 9.3% |
| Item | Amount |
|---|---|
| REVENUE | $183M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $116M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $42M |
| SG&A Expenses | $43M |
| Other Expenses | $33M |
| Operating Expenses | $76M |
| Cost & Expenses | $143M |
| OPERATING INCOME | $40M |
| Interest Income | $164M |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $5M |
| EBIT | $40M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $183M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $116M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $42M |
| SG&A Expenses | $43M |
| Other Expenses | $33M |
| Operating Expenses | $76M |
| Cost & Expenses | $143M |
| OPERATING INCOME | $40M |
| Interest Income | $164M |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $5M |
| EBIT | $40M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$264.0K |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | -$180M |
| NET CASH FROM INVESTING | -$132M |
| Net Debt Issuance | -$52M |
| Common Stock Repurchased | -$7.0K |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $147M |
| NET CASH FROM FINANCING | $77M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180M |
| Short-Term Investments | $1.7B |
| Net Receivables | $59M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $71M |
| Goodwill | $444M |
| Intangible Assets | $14M |
| Long-Term Investments | $11.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $622M |
| TOTAL NON-CURRENT ASSETS | $12.3B |
| TOTAL ASSETS | $14.2B |
| Account Payables | $0 |
| Short-Term Debt | $72M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.3B |
| TOTAL CURRENT LIABILITIES | $10.4B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $660M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $12.5B |
| Common Stock | $832.0K |
| Additional Paid-In Capital | $989M |
| Retained Earnings | $975M |
| Treasury Stock | -$128M |
| Accum. Other Comp. Income | -$141M |
| Other Equity | -$5M |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $14.2B |
| Total Debt | $1.5B |
| Net Debt | $1.4B |
