| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $105M | — | $89M | — | 18.9% |
| Op. Income | $33M | — | $25M | — | 34.0% |
| Gross Margin | 55.5% | — | 48.9% | — | 6.6pp |
| Net Margin | 24.6% | — | 21.2% | — | 3.4pp |
| EPS (Diluted) | $1.02 | — | $0.73 | — | 39.7% |
| Free Cash Flow | $21M | — | $75M | — | -72.2% |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $25M |
| Operating Expenses | $25M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $33M |
| Interest Income | $7M |
| Interest Expense | $823.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $0 |
| EBIT | $34M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $25M |
| Operating Expenses | $25M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $33M |
| Interest Income | $7M |
| Interest Expense | $823.0K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $0 |
| EBIT | $34M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $121M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$125M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $2.0K |
| Purchases of Investments | -$43M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$132.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $748.0K |
| NET CASH FROM FINANCING | $616.0K |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $644M |
| Net Receivables | $539M |
| Inventory | $0 |
| Other Current Assets | -$1.5B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $373.0K |
| Goodwill | $4M |
| Intangible Assets | $9M |
| Long-Term Investments | $690M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$702M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $1.7B |
| Account Payables | $224M |
| Short-Term Debt | $53M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$284M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $351M |
| Retained Earnings | $145M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $471M |
| Minority Interest | $0 |
| TOTAL EQUITY | $471M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $53M |
| Net Debt | $1M |
