| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $161M | $146M | $122M | 10.7% | 31.8% |
| Op. Income | $58M | $50M | $36M | 15.4% | 59.6% |
| Gross Margin | 78.5% | 75.3% | 71.0% | 3.2pp | 7.5pp |
| Net Margin | 38.6% | 33.4% | 47.9% | 5.2pp | -9.3pp |
| EPS (Diluted) | $0.57 | $0.45 | $0.53 | 26.7% | 7.5% |
| Free Cash Flow | $52M | $52M | $54M | 0.6% | -2.9% |
| Item | Amount |
|---|---|
| REVENUE | $161M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $126M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $69M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $58M |
| Interest Income | $5M |
| Interest Expense | $352.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $103.0K |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $5M |
| EBIT | $63M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $161M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $126M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $69M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $58M |
| Interest Income | $5M |
| Interest Expense | $352.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $103.0K |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $5M |
| EBIT | $63M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | -$4.0K |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$137M |
| Sales/Maturities of Investments | $74M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$70M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $100M |
| Short-Term Investments | $382M |
| Net Receivables | $148M |
| Inventory | $45M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $690M |
| PP&E (Net) | $97M |
| Goodwill | $287M |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $136M |
| Other Non-Current Assets | $116M |
| TOTAL NON-CURRENT ASSETS | $653M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $19M |
| Short-Term Debt | $0 |
| Deferred Revenue | $20M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $82M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $116M |
| TOTAL NON-CURRENT LIABILITIES | $141M |
| TOTAL LIABILITIES | $222M |
| Common Stock | $107.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$154M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $30M |
| Net Debt | -$70M |
