| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $163M | $162M | $84M | 1.1% | 94.2% |
| Op. Income | $54M | $0 | $29M | — | 85.1% |
| Gross Margin | 69.5% | 69.8% | 47.8% | -0.3pp | 21.7pp |
| Net Margin | 10.5% | -9.3% | -101.0% | 19.8pp | 111.5pp |
| EPS (Diluted) | $0.07 | $-0.07 | $-0.37 | 212.7% | 119.9% |
| Free Cash Flow | $79M | $3M | $68M | 2942.4% | 16.5% |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $43M |
| Operating Expenses | $59M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $54M |
| Interest Income | $16M |
| Interest Expense | $44M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $493.0K |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $43M |
| EBIT | $46M |
| EBITDA | $88M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $43M |
| Operating Expenses | $59M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $54M |
| Interest Income | $16M |
| Interest Expense | $44M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $493.0K |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $43M |
| EBIT | $46M |
| EBITDA | $88M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $79M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$8.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$57M |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | $60M |
| Common Stock Repurchased | -$488.0K |
| Common Dividends Paid | -$69M |
| Other Financing Activities | -$7.0K |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $79M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $0 |
| Net Receivables | $497M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $543M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $31M |
| Long-Term Investments | $195M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.6B |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $0 |
| Short-Term Debt | $94M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $137M |
| TOTAL CURRENT LIABILITIES | $231M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | -$1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $2.4B |
| Net Debt | $2.4B |
