| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $62M | $57M | 1.6% | 11.0% |
| Op. Income | $13M | $19M | $28M | -32.9% | -53.1% |
| Gross Margin | 66.1% | 75.2% | 94.8% | -9.0pp | -28.7pp |
| Net Margin | 15.6% | 23.6% | 36.8% | -8.0pp | -21.2pp |
| EPS (Diluted) | $0.52 | $0.77 | $1.10 | -32.5% | -52.7% |
| Free Cash Flow | $15M | $11M | $21M | 33.8% | -30.2% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $384.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $15M |
| Operating Expenses | $29M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $13M |
| Interest Income | $59M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $3M |
| EBIT | $13M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $384.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $15M |
| Operating Expenses | $29M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $13M |
| Interest Income | $59M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $3M |
| EBIT | $13M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $44.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$42M |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $116M |
| NET CASH FROM FINANCING | $95M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $452M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $502M |
| PP&E (Net) | $75M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $631M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $0 |
| Short-Term Debt | $89M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.4B |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $83M |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $20M |
| Additional Paid-In Capital | $257M |
| Retained Earnings | $425M |
| Treasury Stock | -$44M |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $645M |
| Minority Interest | $0 |
| TOTAL EQUITY | $645M |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $133M |
| Net Debt | $84M |
