| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $174M | $163M | $125M | 7.0% | 38.6% |
| Op. Income | $23M | $22M | $31M | 8.0% | -24.6% |
| Gross Margin | 43.1% | 45.9% | 63.7% | -2.8pp | -20.6pp |
| Net Margin | 11.2% | 10.8% | 20.3% | 0.4pp | -9.0pp |
| EPS (Diluted) | $0.07 | $0.06 | $0.09 | 16.7% | -22.2% |
| Free Cash Flow | $13M | $32M | -$13M | -60.3% | 195.4% |
| Item | Amount |
|---|---|
| REVENUE | $174M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $32M |
| SG&A Expenses | $36M |
| Other Expenses | $15M |
| Operating Expenses | $51M |
| Cost & Expenses | $150M |
| OPERATING INCOME | $23M |
| Interest Income | $169M |
| Interest Expense | $98M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $5M |
| EBIT | $23M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $174M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $32M |
| SG&A Expenses | $36M |
| Other Expenses | $15M |
| Operating Expenses | $51M |
| Cost & Expenses | $150M |
| OPERATING INCOME | $23M |
| Interest Income | $169M |
| Interest Expense | $98M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $5M |
| EBIT | $23M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | -$284M |
| NET CASH FROM INVESTING | -$285M |
| Net Debt Issuance | -$163M |
| Common Stock Repurchased | -$342.0K |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $479M |
| NET CASH FROM FINANCING | $301M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $467M |
| Short-Term Investments | $508M |
| Net Receivables | $54M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $35M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $15.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $678M |
| TOTAL NON-CURRENT ASSETS | $15.9B |
| TOTAL ASSETS | $16.9B |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.4B |
| TOTAL CURRENT LIABILITIES | $9.4B |
| Long-Term Debt | $5.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $237M |
| TOTAL NON-CURRENT LIABILITIES | $5.5B |
| TOTAL LIABILITIES | $15.0B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $887M |
| Treasury Stock | -$776M |
| Accum. Other Comp. Income | $85M |
| Other Equity | -$27M |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $16.9B |
| Total Debt | $5.3B |
| Net Debt | $4.8B |
