| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $149M | $156M | $133M | -4.3% | 12.4% |
| Op. Income | $59M | $66M | $56M | -10.9% | 5.3% |
| Gross Margin | 70.3% | 73.1% | 75.2% | -2.8pp | -4.8pp |
| Net Margin | 29.5% | 32.2% | 30.3% | -2.6pp | -0.8pp |
| EPS (Diluted) | $0.81 | $0.92 | $0.71 | -12.0% | 14.1% |
| Free Cash Flow | $61M | $50M | $52M | 21.2% | 17.3% |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | $14M |
| Operating Expenses | $46M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $59M |
| Interest Income | $132M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $1M |
| EBIT | $59M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | $14M |
| Operating Expenses | $46M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $59M |
| Interest Income | $132M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $1M |
| EBIT | $59M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$320.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$94M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $176M |
| NET CASH FROM FINANCING | $151M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | $135M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $748M |
| Net Receivables | $723M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $27M |
| Goodwill | $263.0K |
| Intangible Assets | $1M |
| Long-Term Investments | $5.0B |
| Tax Assets | $21M |
| Other Non-Current Assets | $166M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $7.7B |
| Account Payables | $0 |
| Short-Term Debt | $42.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.7B |
| TOTAL CURRENT LIABILITIES | $6.7B |
| Long-Term Debt | $148M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $70M |
| TOTAL NON-CURRENT LIABILITIES | $217M |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $53M |
| Additional Paid-In Capital | $212M |
| Retained Earnings | $562M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $807M |
| Minority Interest | $0 |
| TOTAL EQUITY | $807M |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $148M |
| Net Debt | -$890M |
