| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $263M | $72M | $237M | 264.4% | 10.9% |
| Op. Income | $62M | -$138M | $37M | 145.2% | 69.5% |
| Gross Margin | 60.6% | -63.5% | 58.5% | 124.1pp | 2.1pp |
| Net Margin | 19.5% | 102.5% | 14.4% | -82.9pp | 5.2pp |
| EPS (Diluted) | $0.84 | $1.20 | $0.56 | -30.0% | 50.0% |
| Free Cash Flow | $49M | $10M | $96M | 412.1% | -48.8% |
| Item | Amount |
|---|---|
| REVENUE | $263M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $159M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $72M |
| SG&A Expenses | $72M |
| Other Expenses | $25M |
| Operating Expenses | $97M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $62M |
| Interest Income | $252M |
| Interest Expense | $97M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $10M |
| EBIT | $62M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $263M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $159M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $72M |
| SG&A Expenses | $72M |
| Other Expenses | $25M |
| Operating Expenses | $97M |
| Cost & Expenses | $200M |
| OPERATING INCOME | $62M |
| Interest Income | $252M |
| Interest Expense | $97M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $10M |
| EBIT | $62M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$98M |
| Sales/Maturities of Investments | $77M |
| Other Investing Activities | $39M |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | $100M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$169M |
| NET CASH FROM FINANCING | -$85M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $805M |
| Short-Term Investments | $1.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $272M |
| Goodwill | $335M |
| Intangible Assets | $126M |
| Long-Term Investments | $14.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $699M |
| TOTAL NON-CURRENT ASSETS | $15.9B |
| TOTAL ASSETS | $18.5B |
| Account Payables | $0 |
| Short-Term Debt | $366M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.2B |
| TOTAL CURRENT LIABILITIES | $15.6B |
| Long-Term Debt | $625M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $225M |
| TOTAL NON-CURRENT LIABILITIES | $894M |
| TOTAL LIABILITIES | $16.5B |
| Common Stock | $13M |
| Additional Paid-In Capital | $163M |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $18.5B |
| Total Debt | $1.0B |
| Net Debt | $229M |
