| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $145M | $142M | $131M | 1.8% | 10.5% |
| Op. Income | $41M | $44M | $31M | -4.9% | 35.2% |
| Gross Margin | 81.2% | 81.2% | 78.8% | 0.1pp | 2.4pp |
| Net Margin | 28.1% | 32.8% | 21.6% | -4.7pp | 6.4pp |
| EPS (Diluted) | $1.08 | $1.24 | $0.74 | -12.9% | 45.9% |
| Free Cash Flow | $32M | $91M | $32M | -64.3% | -0.2% |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $117M |
| R&D Expenses | $27M |
| Selling & Marketing | $32M |
| General & Administrative | $17M |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $41M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $6M |
| EBIT | $41M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $117M |
| R&D Expenses | $27M |
| Selling & Marketing | $32M |
| General & Administrative | $17M |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $41M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $6M |
| EBIT | $41M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$54M |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $204M |
| Short-Term Investments | $222M |
| Net Receivables | $146M |
| Inventory | $0 |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $600M |
| PP&E (Net) | $55M |
| Goodwill | $7M |
| Intangible Assets | $10M |
| Long-Term Investments | $57M |
| Tax Assets | $63M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $213M |
| TOTAL ASSETS | $813M |
| Account Payables | $988.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $333M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $389M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $55M |
| TOTAL LIABILITIES | $444M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $598M |
| Retained Earnings | -$228M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $368M |
| Minority Interest | $0 |
| TOTAL EQUITY | $368M |
| TOTAL LIABILITIES & EQUITY | $813M |
| Total Debt | $29M |
| Net Debt | -$175M |
