| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $673M | — | $387M | — | 74.0% |
| Op. Income | $69M | — | -$799.0K | — | 8756.9% |
| Gross Margin | 97.8% | — | 98.3% | — | -0.5pp |
| Net Margin | 2.0% | — | -2.5% | — | 4.5pp |
| EPS (Diluted) | $0.04 | — | $-0.03 | — | 218.4% |
| Free Cash Flow | -$518M | — | $587M | — | -188.3% |
| Item | Amount |
|---|---|
| REVENUE | $673M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $658M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $172M |
| SG&A Expenses | $172M |
| Other Expenses | $417M |
| Operating Expenses | $589M |
| Cost & Expenses | $604M |
| OPERATING INCOME | $69M |
| Interest Income | $14M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | -$144.0K |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $23M |
| EBIT | $69M |
| EBITDA | $93M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $673M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $658M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $172M |
| SG&A Expenses | $172M |
| Other Expenses | $417M |
| Operating Expenses | $589M |
| Cost & Expenses | $604M |
| OPERATING INCOME | $69M |
| Interest Income | $14M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | -$144.0K |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $23M |
| EBIT | $69M |
| EBITDA | $93M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$207M |
| Other Non-Cash Items | $392M |
| Change in Working Capital | -$734M |
| OPERATING CASH FLOW | -$512M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$357M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$363M |
| Net Debt Issuance | $501M |
| Common Stock Repurchased | -$661M |
| Common Dividends Paid | -$197M |
| Other Financing Activities | $672M |
| NET CASH FROM FINANCING | $316M |
| FREE CASH FLOW | -$518M |
| Net Change in Cash | -$559M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $665M |
| Short-Term Investments | $0 |
| Net Receivables | $419M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $309M |
| Goodwill | $436M |
| Intangible Assets | $650M |
| Long-Term Investments | $6.6B |
| Tax Assets | $24M |
| Other Non-Current Assets | $170M |
| TOTAL NON-CURRENT ASSETS | $8.2B |
| TOTAL ASSETS | $9.4B |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $43M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.7B |
| TOTAL NON-CURRENT LIABILITIES | $6.0B |
| TOTAL LIABILITIES | $6.0B |
| Common Stock | $362.0K |
| Additional Paid-In Capital | $613M |
| Retained Earnings | -$35M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $579M |
| Minority Interest | $2.8B |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $9.4B |
| Total Debt | $1.3B |
| Net Debt | $599M |
