| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $726M | $676M | $543M | 7.3% | 33.7% |
| Op. Income | $225M | $41M | -$97M | 454.8% | 333.4% |
| Gross Margin | 58.9% | 31.2% | 8.0% | 27.7pp | 50.9pp |
| Net Margin | 23.2% | 4.3% | -14.2% | 18.9pp | 37.4pp |
| EPS (Diluted) | $0.72 | $0.11 | $-0.33 | 554.5% | 318.2% |
| Free Cash Flow | -$27M | -$1.8B | -$875.0K | 98.5% | -3001.8% |
| Item | Amount |
|---|---|
| REVENUE | $726M |
| Cost of Revenue | $298M |
| GROSS PROFIT | $427M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $89M |
| SG&A Expenses | $89M |
| Other Expenses | $113M |
| Operating Expenses | $202M |
| Cost & Expenses | $500M |
| OPERATING INCOME | $225M |
| Interest Income | $669M |
| Interest Expense | $283M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $225M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $164M |
| D&A | $63M |
| EBIT | $225M |
| EBITDA | $289M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $726M |
| Cost of Revenue | $298M |
| GROSS PROFIT | $427M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $89M |
| SG&A Expenses | $89M |
| Other Expenses | $113M |
| Operating Expenses | $202M |
| Cost & Expenses | $500M |
| OPERATING INCOME | $225M |
| Interest Income | $669M |
| Interest Expense | $283M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $225M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $164M |
| D&A | $63M |
| EBIT | $225M |
| EBITDA | $289M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $168M |
| Depreciation & Amortization | $63M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$160M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | -$96M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | $907M |
| NET CASH FROM INVESTING | $923M |
| Net Debt Issuance | -$291M |
| Common Stock Repurchased | -$91M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $92M |
| NET CASH FROM FINANCING | -$319M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | $576M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.1B |
| Short-Term Investments | $2.4B |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.3B |
| PP&E (Net) | $130M |
| Goodwill | $56M |
| Intangible Assets | $13M |
| Long-Term Investments | $20.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $266M |
| TOTAL NON-CURRENT ASSETS | $20.9B |
| TOTAL ASSETS | $29.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.7B |
| TOTAL CURRENT LIABILITIES | $21.7B |
| Long-Term Debt | $5.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $408M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $27.3B |
| Common Stock | $88M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $3.6B |
| Treasury Stock | -$3.2B |
| Accum. Other Comp. Income | -$75M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $29.2B |
| Total Debt | $5.2B |
| Net Debt | $1.1B |
