| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76M | $48M | $42M | 59.1% | 81.5% |
| Op. Income | -$20M | -$6M | -$69M | -244.9% | 71.3% |
| Gross Margin | 26.4% | 32.2% | 51.6% | -5.8pp | -25.2pp |
| Net Margin | 41.7% | 52.2% | -79.5% | -10.5pp | 121.2pp |
| EPS (Diluted) | $0.02 | $0.02 | $-0.02 | 23.1% | 194.1% |
| Free Cash Flow | $43M | $10M | -$42M | 333.5% | 201.7% |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $20M |
| R&D Expenses | $3M |
| Selling & Marketing | $6M |
| General & Administrative | $30M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $96M |
| OPERATING INCOME | -$20M |
| Interest Income | $23M |
| Interest Expense | $0 |
| Other Income/Expenses | $54M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $2M |
| EBIT | -$20M |
| EBITDA | -$18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $731.9K |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $49M |
| NET CASH FROM INVESTING | $45M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$146M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $47M |
| NET CASH FROM FINANCING | -$112M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $349M |
| Short-Term Investments | $836M |
| Net Receivables | $24M |
| Inventory | $21M |
| Other Current Assets | $82M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $19M |
| Goodwill | $10M |
| Intangible Assets | $10M |
| Long-Term Investments | $1.0B |
| Tax Assets | $9M |
| Other Non-Current Assets | $712.2K |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $16M |
| Short-Term Debt | $6M |
| Deferred Revenue | $7M |
| Other Current Liabilities | -$611.9K |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$3M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $105M |
| Common Stock | $15.2K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $550M |
| Treasury Stock | -$187M |
| Accum. Other Comp. Income | $147M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | -$2M |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $14M |
| Net Debt | -$335M |
