| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | $84M | $80M | -2.5% | 3.0% |
| Op. Income | $55M | $57M | $54M | -3.7% | 1.4% |
| Gross Margin | 98.0% | 98.2% | 99.4% | -0.2pp | -1.5pp |
| Net Margin | 48.1% | 49.4% | 49.4% | -1.3pp | -1.3pp |
| EPS (Diluted) | $1.48 | $1.56 | $1.46 | -5.1% | 1.4% |
| Free Cash Flow | -$8M | $58M | $42M | -114.2% | -119.7% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $13M |
| Operating Expenses | $26M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $55M |
| Interest Income | $71M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $3M |
| EBIT | $55M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $13M |
| Operating Expenses | $26M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $55M |
| Interest Income | $71M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $3M |
| EBIT | $55M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $339.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$150.0K |
| Change in Working Capital | -$51M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$264.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | $70M |
| Net Debt Issuance | -$57M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$224M |
| NET CASH FROM FINANCING | -$293M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$230M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $190M |
| Short-Term Investments | $4.0B |
| Net Receivables | $55M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $46M |
| Goodwill | $122M |
| Intangible Assets | $347.0K |
| Long-Term Investments | $1.8B |
| Tax Assets | $100M |
| Other Non-Current Assets | $90M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $0 |
| Short-Term Debt | $58M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.5B |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $40M |
| TOTAL NON-CURRENT LIABILITIES | $59M |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $473M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $490M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$190M |
| Other Equity | $35.0K |
| TOTAL STOCKHOLDERS' EQUITY | $773M |
| Minority Interest | $0 |
| TOTAL EQUITY | $773M |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $77M |
| Net Debt | -$113M |
