| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $311M | $350M | $269M | -11.3% | 15.6% |
| Op. Income | $11M | $60M | $106M | -81.4% | -89.5% |
| Gross Margin | 51.7% | 56.9% | 81.1% | -5.1pp | -29.4pp |
| Net Margin | 4.5% | 13.7% | 30.3% | -9.1pp | -25.8pp |
| EPS (Diluted) | $0.11 | $0.39 | $0.74 | -71.8% | -85.1% |
| Free Cash Flow | $8M | $72M | $83M | -88.2% | -89.8% |
| Item | Amount |
|---|---|
| REVENUE | $311M |
| Cost of Revenue | $150M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $97M |
| SG&A Expenses | $100M |
| Other Expenses | $50M |
| Operating Expenses | $149M |
| Cost & Expenses | $299M |
| OPERATING INCOME | $11M |
| Interest Income | $339M |
| Interest Expense | $135M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $11M |
| EBIT | $11M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $311M |
| Cost of Revenue | $150M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $97M |
| SG&A Expenses | $100M |
| Other Expenses | $50M |
| Operating Expenses | $149M |
| Cost & Expenses | $299M |
| OPERATING INCOME | $11M |
| Interest Income | $339M |
| Interest Expense | $135M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $11M |
| EBIT | $11M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $64M |
| Change in Working Capital | -$61M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$571M |
| Sales/Maturities of Investments | $539M |
| Other Investing Activities | -$116M |
| NET CASH FROM INVESTING | -$161M |
| Net Debt Issuance | -$37M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$28M |
| Other Financing Activities | $457M |
| NET CASH FROM FINANCING | $384M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $244M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $3.3B |
| Net Receivables | $88M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $378M |
| Goodwill | $920M |
| Intangible Assets | $70M |
| Long-Term Investments | $20.7B |
| Tax Assets | $113M |
| Other Non-Current Assets | $708M |
| TOTAL NON-CURRENT ASSETS | $22.9B |
| TOTAL ASSETS | $27.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23.3B |
| TOTAL CURRENT LIABILITIES | $23.3B |
| Long-Term Debt | $325M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $400M |
| TOTAL NON-CURRENT LIABILITIES | $725M |
| TOTAL LIABILITIES | $24.0B |
| Common Stock | $119M |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $581M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$239M |
| Other Equity | $13M |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $27.3B |
| Total Debt | $325M |
| Net Debt | -$679M |
