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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Total revenues $ 43,847 $ 7,074
Operating expenses:    
Sales and marketing 1,338 96
Research and development 42 130
General and administrative 25,853 3,589
Total operating expenses 27,233 3,815
Operating income 16,614 3,259
Interest and other income (loss), net 8,106 6,526
Income before provision for income taxes 24,720 9,785
Provision for income taxes (6,065) (1,507)
Net income $ 18,655 $ 8,278
Basic net income per share (in dollars per share) $ 0.6 $ 0.25
Shares used in calculating basic net income per share (in shares) 31,028 32,603
Diluted net income per share (in dollars per share) $ 0.59 $ 0.25
Shares used in calculating diluted net income per share (in shares) 31,406 33,085
Other comprehensive income, net of tax    
Deferred gains (losses) on available-for-sale marketable debt securities $ (37) $ 565
Realized gains on available-for-sale marketable debt securities reclassified to net income (135) (190)
Total comprehensive income 18,483 8,653
Royalty and license    
Revenues:    
Total revenues 43,847 7,009
Development, services, and other    
Revenues:    
Total revenues $ 0 $ 65