| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $111M | $104M | $74M | 7.4% | 50.7% |
| Op. Income | $89M | $65M | $48M | 36.2% | 85.3% |
| Gross Margin | 80.1% | 75.9% | 78.8% | 4.2pp | 1.3pp |
| Net Margin | 46.0% | 62.6% | 62.7% | -16.6pp | -16.7pp |
| EPS (Diluted) | $0.58 | $0.74 | $0.57 | -21.6% | 1.8% |
| Free Cash Flow | $67M | $41M | $27M | 62.7% | 149.0% |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | -$4M |
| Operating Expenses | $213.0K |
| Cost & Expenses | $22M |
| OPERATING INCOME | $89M |
| Interest Income | $114M |
| Interest Expense | $27M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $32.0K |
| 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 | $0 |
| EBIT | $89M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | -$4M |
| Operating Expenses | $213.0K |
| Cost & Expenses | $22M |
| OPERATING INCOME | $89M |
| Interest Income | $114M |
| Interest Expense | $27M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $32.0K |
| 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 | $0 |
| EBIT | $89M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $67M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$309M |
| Sales/Maturities of Investments | $154M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$154M |
| Net Debt Issuance | $123M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$41M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $82M |
| FREE CASH FLOW | $67M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $28M |
| Inventory | $0 |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $61M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $0 |
| Short-Term Debt | $336M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $373M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $885.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $101M |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $1.8B |
| Net Debt | $1.8B |
