| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $90M | $5M | -$2M | 1851.9% | 5910.4% |
| Op. Income | $54M | -$30M | -$25M | 283.2% | 320.1% |
| Gross Margin | 98.5% | -460.5% | 1038.8% | 559.1pp | -940.3pp |
| Net Margin | 62.6% | -561.4% | 1524.3% | 624.0pp | -1461.6pp |
| EPS (Diluted) | $1.25 | $-0.59 | $-0.61 | 311.9% | 304.9% |
| Free Cash Flow | -$25M | -$22M | -$13M | -12.3% | -86.0% |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $89M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $54M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $822.0K |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $1M |
| EBIT | $57M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $89M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $36M |
| OPERATING INCOME | $54M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $822.0K |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $1M |
| EBIT | $57M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$83M |
| OPERATING CASH FLOW | -$24M |
| Capital Expenditure | -$755.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $27M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $460.0K |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $162M |
| Net Receivables | $84M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $320M |
| PP&E (Net) | $30M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $351M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $43M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $50M |
| TOTAL LIABILITIES | $115M |
| Common Stock | $44.0K |
| Additional Paid-In Capital | $498M |
| Retained Earnings | -$261M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $236M |
| Minority Interest | $0 |
| TOTAL EQUITY | $236M |
| TOTAL LIABILITIES & EQUITY | $351M |
| Total Debt | $20M |
| Net Debt | -$49M |
