| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $137M | $132M | $107M | 4.4% | 28.7% |
| Op. Income | $20M | $7M | $10M | 202.0% | 105.3% |
| Gross Margin | 64.2% | 59.4% | 64.7% | 4.8pp | -0.5pp |
| Net Margin | 13.2% | 0.9% | 1.3% | 12.4pp | 11.9pp |
| EPS (Diluted) | $0.83 | $0.04 | $0.06 | 2028.2% | 1228.0% |
| Free Cash Flow | $14M | $40M | $19M | -65.7% | -28.2% |
| Item | Amount |
|---|---|
| REVENUE | $137M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $88M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $9M |
| Operating Expenses | $68M |
| Cost & Expenses | $117M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $15M |
| EBIT | $30M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $137M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $88M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $9M |
| Operating Expenses | $68M |
| Cost & Expenses | $117M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $15M |
| EBIT | $30M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | -$750.0K |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $229M |
| Short-Term Investments | $10M |
| Net Receivables | $172M |
| Inventory | $114M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $541M |
| PP&E (Net) | $49M |
| Goodwill | $28M |
| Intangible Assets | $196M |
| Long-Term Investments | $0 |
| Tax Assets | $88M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $374M |
| TOTAL ASSETS | $915M |
| Account Payables | $49M |
| Short-Term Debt | $850.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $137M |
| Long-Term Debt | $285M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $301M |
| TOTAL LIABILITIES | $438M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $524M |
| Retained Earnings | -$62M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $477M |
| Minority Interest | $0 |
| TOTAL EQUITY | $477M |
| TOTAL LIABILITIES & EQUITY | $915M |
| Total Debt | $285M |
| Net Debt | $57M |
