| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $194M | $198M | $145M | -1.7% | 34.1% |
| Op. Income | $38M | $40M | $32M | -6.6% | 19.2% |
| Gross Margin | 63.9% | 68.0% | 85.1% | -4.1pp | -21.2pp |
| Net Margin | 15.2% | 15.9% | 16.5% | -0.7pp | -1.3pp |
| EPS (Diluted) | $0.35 | $0.37 | $0.34 | -5.4% | 2.9% |
| Free Cash Flow | $29M | $62M | $48M | -52.7% | -38.6% |
| Item | Amount |
|---|---|
| REVENUE | $194M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $124M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $48M |
| SG&A Expenses | $51M |
| Other Expenses | $35M |
| Operating Expenses | $86M |
| Cost & Expenses | $156M |
| OPERATING INCOME | $38M |
| Interest Income | $177M |
| Interest Expense | $66M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $3M |
| EBIT | $38M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $194M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $124M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $48M |
| SG&A Expenses | $51M |
| Other Expenses | $35M |
| Operating Expenses | $86M |
| Cost & Expenses | $156M |
| OPERATING INCOME | $38M |
| Interest Income | $177M |
| Interest Expense | $66M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $3M |
| EBIT | $38M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$628.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$73M |
| Sales/Maturities of Investments | $160M |
| Other Investing Activities | -$47M |
| NET CASH FROM INVESTING | $39M |
| Net Debt Issuance | -$60M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$232M |
| NET CASH FROM FINANCING | -$318M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$249M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $453M |
| Short-Term Investments | $1.8B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $113M |
| Goodwill | $732M |
| Intangible Assets | $96M |
| Long-Term Investments | $10.6B |
| Tax Assets | $113M |
| Other Non-Current Assets | $638M |
| TOTAL NON-CURRENT ASSETS | $12.3B |
| TOTAL ASSETS | $14.6B |
| Account Payables | $0 |
| Short-Term Debt | $375M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.8B |
| TOTAL CURRENT LIABILITIES | $12.2B |
| Long-Term Debt | $156M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $164M |
| TOTAL NON-CURRENT LIABILITIES | $321M |
| TOTAL LIABILITIES | $12.5B |
| Common Stock | $8M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $467M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | -$160M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $14.6B |
| Total Debt | $531M |
| Net Debt | $78M |
