| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $317M | — | $326M | — | -2.9% |
| Op. Income | $189M | — | $180M | — | 5.2% |
| Gross Margin | 94.8% | — | 94.1% | — | 0.7pp |
| Net Margin | 46.8% | — | 43.8% | — | 3.1pp |
| EPS (Diluted) | $0.98 | — | $0.91 | — | 7.7% |
| Free Cash Flow | -$270M | — | $263M | — | -202.5% |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $300M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $111M |
| Operating Expenses | $111M |
| Cost & Expenses | $128M |
| OPERATING INCOME | $189M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $189M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $148M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $148M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $148M |
| D&A | $26M |
| EBIT | $212M |
| EBITDA | $237M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $300M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $111M |
| Operating Expenses | $111M |
| Cost & Expenses | $128M |
| OPERATING INCOME | $189M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $189M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $148M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $148M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $148M |
| D&A | $26M |
| EBIT | $212M |
| EBITDA | $237M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $148M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $40M |
| Other Non-Cash Items | -$397M |
| Change in Working Capital | -$63M |
| OPERATING CASH FLOW | -$269M |
| Capital Expenditure | -$342.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$327M |
| Sales/Maturities of Investments | $304M |
| Other Investing Activities | $58M |
| NET CASH FROM INVESTING | $35M |
| Net Debt Issuance | $350M |
| Common Stock Repurchased | -$76M |
| Common Dividends Paid | -$37M |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | $245M |
| FREE CASH FLOW | -$270M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $5.6B |
| Net Receivables | $165M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.8B |
| PP&E (Net) | $28M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $8.7B |
| Account Payables | $0 |
| Short-Term Debt | $36M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $122M |
| TOTAL CURRENT LIABILITIES | $158M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $747M |
| Other Non-Current Liabilities | $812M |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $168.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $4.7B |
| Treasury Stock | -$968M |
| Accum. Other Comp. Income | -$350M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $8.7B |
| Total Debt | $2.3B |
| Net Debt | $2.3B |
