| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $254M | $237M | $193M | 7.4% | 31.9% |
| Op. Income | $43M | $37M | -$52M | 17.9% | 184.2% |
| Gross Margin | 59.6% | 58.5% | 78.2% | 1.1pp | -18.6pp |
| Net Margin | 14.2% | 14.4% | -17.7% | -0.2pp | 31.9pp |
| EPS (Diluted) | $0.59 | $0.56 | $-0.56 | 5.4% | 205.4% |
| Free Cash Flow | $56M | $96M | $60M | -41.6% | -6.7% |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $83M |
| SG&A Expenses | $83M |
| Other Expenses | $25M |
| Operating Expenses | $108M |
| Cost & Expenses | $211M |
| OPERATING INCOME | $43M |
| Interest Income | $233M |
| Interest Expense | $96M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $10M |
| EBIT | $43M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $152M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $83M |
| SG&A Expenses | $83M |
| Other Expenses | $25M |
| Operating Expenses | $108M |
| Cost & Expenses | $211M |
| OPERATING INCOME | $43M |
| Interest Income | $233M |
| Interest Expense | $96M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $10M |
| EBIT | $43M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $92M |
| Other Investing Activities | -$123M |
| NET CASH FROM INVESTING | -$52M |
| Net Debt Issuance | -$325M |
| Common Stock Repurchased | $1M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $551M |
| NET CASH FROM FINANCING | $213M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | $225M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $976M |
| Short-Term Investments | $1.8B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $267M |
| Goodwill | $335M |
| Intangible Assets | $132M |
| Long-Term Investments | $14.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $759M |
| TOTAL NON-CURRENT ASSETS | $16.0B |
| TOTAL ASSETS | $18.7B |
| Account Payables | $0 |
| Short-Term Debt | $485M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.6B |
| TOTAL CURRENT LIABILITIES | $16.1B |
| Long-Term Debt | $585M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $377M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $17.1B |
| Common Stock | $13M |
| Additional Paid-In Capital | $160M |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$220M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $18.7B |
| Total Debt | $1.1B |
| Net Debt | $138M |
