| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $230M | $244M | $198M | -5.6% | 16.0% |
| Op. Income | $32M | $53M | $59M | -39.3% | -46.1% |
| Gross Margin | 63.6% | 66.0% | 81.0% | -2.4pp | -17.4pp |
| Net Margin | 12.2% | 17.2% | 23.3% | -4.9pp | -11.1pp |
| EPS (Diluted) | $0.50 | $0.75 | $0.82 | -33.3% | -39.0% |
| Free Cash Flow | $95M | $76M | $106M | 25.9% | -10.6% |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $72M |
| SG&A Expenses | $75M |
| Other Expenses | $40M |
| Operating Expenses | $114M |
| Cost & Expenses | $198M |
| OPERATING INCOME | $32M |
| Interest Income | $210M |
| Interest Expense | $84M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $9M |
| EBIT | $32M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $72M |
| SG&A Expenses | $75M |
| Other Expenses | $40M |
| Operating Expenses | $114M |
| Cost & Expenses | $198M |
| OPERATING INCOME | $32M |
| Interest Income | $210M |
| Interest Expense | $84M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $9M |
| EBIT | $32M |
| EBITDA | $40M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $84M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $100M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | -$188M |
| NET CASH FROM INVESTING | -$145M |
| Net Debt Issuance | $197M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$80M |
| NET CASH FROM FINANCING | $104M |
| FREE CASH FLOW | $95M |
| Net Change in Cash | $60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $801M |
| Short-Term Investments | $923M |
| Net Receivables | $114M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $283M |
| Goodwill | $992M |
| Intangible Assets | $110M |
| Long-Term Investments | $13.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $697M |
| TOTAL NON-CURRENT ASSETS | $15.5B |
| TOTAL ASSETS | $17.4B |
| Account Payables | $0 |
| Short-Term Debt | $308M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.1B |
| TOTAL CURRENT LIABILITIES | $14.4B |
| Long-Term Debt | $429M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $249M |
| TOTAL NON-CURRENT LIABILITIES | $679M |
| TOTAL LIABILITIES | $15.1B |
| Common Stock | $296M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $952M |
| Treasury Stock | -$105M |
| Accum. Other Comp. Income | -$154M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $17.4B |
| Total Debt | $737M |
| Net Debt | -$64M |
