| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34M | $17M | $17M | 104.5% | 103.8% |
| Op. Income | $21M | $6M | $9M | 247.4% | 127.8% |
| Gross Margin | 69.7% | 48.9% | 66.8% | 20.8pp | 2.9pp |
| Net Margin | 56.7% | 36.3% | 50.6% | 20.4pp | 6.1pp |
| EPS (Diluted) | $1.62 | $0.51 | $0.70 | 217.6% | 131.4% |
| Free Cash Flow | $33M | -$22M | -$146M | 244.9% | 122.3% |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $382.6K |
| Operating Expenses | $3M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $21M |
| Interest Income | $27M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $0 |
| EBIT | $21M |
| EBITDA | $21M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $34M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $382.6K |
| Operating Expenses | $3M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $21M |
| Interest Income | $27M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $0 |
| EBIT | $21M |
| EBITDA | $21M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | -$22.1B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $719M |
| Other Non-Cash Items | $21.4B |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $320.2B |
| Sales/Maturities of Investments | -$47.9B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $272.4B |
| Net Debt Issuance | $27M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | $49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $0 |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $74M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $973M |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.1B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $711M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $726M |
| TOTAL LIABILITIES | $731M |
| Common Stock | $11.9K |
| Additional Paid-In Capital | $322M |
| Retained Earnings | $25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $347M |
| Minority Interest | $0 |
| TOTAL EQUITY | $347M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $711M |
| Net Debt | $645M |
