| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | $99M | $80M | 5.8% | 30.0% |
| Op. Income | $24M | $27M | $25M | -13.1% | -6.6% |
| Gross Margin | 66.5% | 74.9% | 85.9% | -8.4pp | -19.5pp |
| Net Margin | 18.8% | 21.9% | 24.7% | -3.0pp | -5.8pp |
| EPS (Diluted) | $1.00 | $1.10 | $0.99 | -9.1% | 1.0% |
| Free Cash Flow | $21M | $20M | $19M | 5.3% | 9.8% |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $27M |
| SG&A Expenses | $29M |
| Other Expenses | $16M |
| Operating Expenses | $46M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $24M |
| Interest Income | $91M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $9M |
| EBIT | $24M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $27M |
| SG&A Expenses | $29M |
| Other Expenses | $16M |
| Operating Expenses | $46M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $24M |
| Interest Income | $91M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $9M |
| EBIT | $24M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $487.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $986.0K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $54M |
| Other Investing Activities | -$143M |
| NET CASH FROM INVESTING | -$106M |
| Net Debt Issuance | -$85M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $277M |
| NET CASH FROM FINANCING | $180M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $97M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $317M |
| Short-Term Investments | $591M |
| Net Receivables | $88M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $995M |
| PP&E (Net) | $68M |
| Goodwill | $41M |
| Intangible Assets | $0 |
| Long-Term Investments | $5.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $317M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $0 |
| Short-Term Debt | $98M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.1B |
| TOTAL CURRENT LIABILITIES | $5.2B |
| Long-Term Debt | $380M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $116M |
| TOTAL NON-CURRENT LIABILITIES | $531M |
| TOTAL LIABILITIES | $5.7B |
| Common Stock | $5M |
| Additional Paid-In Capital | $142M |
| Retained Earnings | $786M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $913M |
| Minority Interest | $0 |
| TOTAL EQUITY | $913M |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $513M |
| Net Debt | $197M |
