| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $17M | $25M | 87.7% | 29.2% |
| Op. Income | $19M | $4M | $15M | 317.4% | 26.5% |
| Gross Margin | 62.5% | 34.2% | 64.7% | 28.3pp | -2.2pp |
| Net Margin | 56.1% | 21.5% | 48.4% | 34.6pp | 7.7pp |
| EPS (Diluted) | $0.28 | $0.06 | $0.19 | 387.8% | 47.4% |
| Free Cash Flow | -$5M | -$17M | $132M | 72.4% | -103.5% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $19M |
| Interest Income | $30M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $337.0K |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $0 |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $20M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $19M |
| Interest Income | $30M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $337.0K |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $0 |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$65M |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$292M |
| Sales/Maturities of Investments | $235M |
| Other Investing Activities | $56M |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $61M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $116M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $116M |
| Long-Term Debt | $772M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $779M |
| TOTAL LIABILITIES | $895M |
| Common Stock | $65.0K |
| Additional Paid-In Capital | $744M |
| Retained Earnings | -$250M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $494M |
| Minority Interest | $0 |
| TOTAL EQUITY | $494M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $772M |
| Net Debt | $722M |
