| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $161M | $147M | $166M | 10.0% | -3.1% |
| Op. Income | $35M | $8M | $23M | 338.3% | 49.0% |
| Gross Margin | 64.3% | 49.7% | 58.8% | 14.6pp | 5.4pp |
| Net Margin | 15.9% | 4.0% | 11.1% | 11.9pp | 4.9pp |
| EPS (Diluted) | $4.12 | $0.92 | $2.90 | 347.8% | 42.1% |
| Free Cash Flow | $84M | $68M | $109M | 24.4% | -22.5% |
| Item | Amount |
|---|---|
| REVENUE | $161M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $54M |
| SG&A Expenses | $55M |
| Other Expenses | $14M |
| Operating Expenses | $69M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $35M |
| Interest Income | $121M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $3M |
| EBIT | $35M |
| EBITDA | $37M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $161M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $54M |
| SG&A Expenses | $55M |
| Other Expenses | $14M |
| Operating Expenses | $69M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $35M |
| Interest Income | $121M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $3M |
| EBIT | $35M |
| EBITDA | $37M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $52M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $37M |
| NET CASH FROM INVESTING | $35M |
| Net Debt Issuance | -$126M |
| Common Stock Repurchased | -$1 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $206.8K |
| NET CASH FROM FINANCING | -$126M |
| FREE CASH FLOW | $84M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $105M |
| Goodwill | $7M |
| Intangible Assets | $15M |
| Long-Term Investments | $888M |
| Tax Assets | $42M |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.1B |
| Account Payables | $51M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $595M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $682M |
| TOTAL LIABILITIES | $732M |
| Common Stock | $0 |
| Additional Paid-In Capital | $288M |
| Retained Earnings | $97M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $385M |
| Minority Interest | $0 |
| TOTAL EQUITY | $385M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $679M |
| Net Debt | $662M |
