| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $317M | $3M | $104M | 12569.0% | 203.7% |
| Op. Income | $275M | -$38M | $53M | 831.2% | 418.4% |
| Gross Margin | 91.1% | -1052.8% | 63.1% | 1143.9pp | 27.9pp |
| Net Margin | 16.7% | 2453.9% | 4.5% | -2437.2pp | 12.2pp |
| EPS (Diluted) | $0.44 | $0.51 | $-0.07 | -13.7% | 766.7% |
| Free Cash Flow | $533M | $64M | $509M | 737.6% | 4.7% |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $289M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $9M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $275M |
| Interest Income | $126M |
| Interest Expense | $186M |
| Other Income/Expenses | -$235M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $0 |
| EBIT | $460M |
| EBITDA | $460M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $289M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $9M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $275M |
| Interest Income | $126M |
| Interest Expense | $186M |
| Other Income/Expenses | -$235M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $1 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $0 |
| EBIT | $460M |
| EBITDA | $460M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | -$4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $292M |
| Other Non-Cash Items | -$53M |
| Change in Working Capital | $243M |
| OPERATING CASH FLOW | $533M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$63M |
| Sales/Maturities of Investments | $130M |
| Other Investing Activities | -$149M |
| NET CASH FROM INVESTING | -$82M |
| Net Debt Issuance | $40M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$35M |
| Other Financing Activities | -$400M |
| NET CASH FROM FINANCING | -$406M |
| FREE CASH FLOW | $533M |
| Net Change in Cash | $45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $281M |
| Short-Term Investments | $128M |
| Net Receivables | $65M |
| Inventory | $0 |
| Other Current Assets | -$475M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $3.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$3.9B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $13.1B |
| Account Payables | $388M |
| Short-Term Debt | $8.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2.9B |
| TOTAL CURRENT LIABILITIES | $6.3B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $4.9B |
| TOTAL LIABILITIES | $11.2B |
| Common Stock | $866.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$509M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $13.1B |
| Total Debt | $10.5B |
| Net Debt | $10.2B |
