| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $122M | $121M | $118M | 1.1% | 3.2% |
| Op. Income | $13M | $18M | $25M | -28.0% | -49.5% |
| Gross Margin | 81.8% | 85.9% | 94.6% | -4.1pp | -12.7pp |
| Net Margin | 7.9% | 10.6% | 14.8% | -2.7pp | -7.0pp |
| EPS (Diluted) | $0.37 | $0.51 | $0.67 | -27.5% | -44.8% |
| Free Cash Flow | $21M | $7M | $9M | 205.6% | 146.8% |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $51M |
| SG&A Expenses | $53M |
| Other Expenses | $34M |
| Operating Expenses | $87M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $13M |
| Interest Income | $109M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $6M |
| EBIT | $13M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $51M |
| SG&A Expenses | $53M |
| Other Expenses | $34M |
| Operating Expenses | $87M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $13M |
| Interest Income | $109M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $6M |
| EBIT | $13M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $226.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $206M |
| NET CASH FROM INVESTING | $209M |
| Net Debt Issuance | $225M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$510M |
| NET CASH FROM FINANCING | -$285M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $287M |
| Short-Term Investments | $300M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $586M |
| PP&E (Net) | $113M |
| Goodwill | $234M |
| Intangible Assets | $46M |
| Long-Term Investments | $4.1B |
| Tax Assets | $9M |
| Other Non-Current Assets | $222M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.0B |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $405M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $100M |
| TOTAL NON-CURRENT LIABILITIES | $505M |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $290.0K |
| Additional Paid-In Capital | $551M |
| Retained Earnings | $536M |
| Treasury Stock | -$265M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $864M |
| Minority Interest | $0 |
| TOTAL EQUITY | $864M |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $405M |
| Net Debt | $119M |
