| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | $100M | $86M | 4.1% | 19.9% |
| Op. Income | $39M | $39M | $55M | 0.0% | -29.0% |
| Gross Margin | 73.2% | 74.3% | 75.1% | -1.1pp | -1.9pp |
| Net Margin | 73.4% | 36.8% | 66.6% | 36.6pp | 6.8pp |
| EPS (Diluted) | $0.76 | $0.37 | $0.65 | 105.4% | 16.9% |
| Free Cash Flow | $36M | $56M | $25M | -36.8% | 40.6% |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $26M |
| Operating Expenses | $37M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $39M |
| Interest Income | $3M |
| Interest Expense | $5M |
| Other Income/Expenses | $37M |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $26M |
| EBIT | $81M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $26M |
| Operating Expenses | $37M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $39M |
| Interest Income | $3M |
| Interest Expense | $5M |
| Other Income/Expenses | $37M |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $26M |
| EBIT | $81M |
| EBITDA | $107M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$42M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$464M |
| Sales/Maturities of Investments | $62M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$310M |
| Net Debt Issuance | $82M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$49M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $33M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | -$226M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $0 |
| Net Receivables | $63M |
| Inventory | $0 |
| Other Current Assets | -$56M |
| TOTAL CURRENT ASSETS | $25M |
| PP&E (Net) | $4.6B |
| Goodwill | $0 |
| Intangible Assets | $208M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$25M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $79M |
| Short-Term Debt | $82M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $210M |
| Long-Term Debt | $741M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $156M |
| TOTAL NON-CURRENT LIABILITIES | $898M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $994.0K |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $95M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $823M |
| Net Debt | $805M |
