| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $181M | $162M | $208M | 11.8% | -13.4% |
| Op. Income | $9M | $3M | $26M | 259.2% | -63.3% |
| Gross Margin | 28.2% | 27.6% | 34.1% | 0.6pp | -5.9pp |
| Net Margin | 3.2% | -0.7% | 12.5% | 3.9pp | -9.3pp |
| EPS (Diluted) | $0.19 | $-0.04 | $0.88 | 575.0% | -78.4% |
| Free Cash Flow | $1M | -$47M | -$4M | 102.8% | 136.6% |
| Item | Amount |
|---|---|
| REVENUE | $181M |
| Cost of Revenue | $130M |
| GROSS PROFIT | $51M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $171M |
| OPERATING INCOME | $9M |
| Interest Income | $229.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $13M |
| EBIT | $10M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $181M |
| Cost of Revenue | $130M |
| GROSS PROFIT | $51M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $171M |
| OPERATING INCOME | $9M |
| Interest Income | $229.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $13M |
| EBIT | $10M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $918.0K |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $63.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $194M |
| Short-Term Investments | $0 |
| Net Receivables | $37M |
| Inventory | $188M |
| Other Current Assets | $206.0K |
| TOTAL CURRENT ASSETS | $440M |
| PP&E (Net) | $385M |
| Goodwill | $269.0K |
| Intangible Assets | $6M |
| Long-Term Investments | $358M |
| Tax Assets | $518.0K |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $766M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $52M |
| Short-Term Debt | $11M |
| Deferred Revenue | $45M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $188M |
| Long-Term Debt | $35M |
| Deferred Revenue NC | $40M |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $134M |
| TOTAL LIABILITIES | $321M |
| Common Stock | $70.0K |
| Additional Paid-In Capital | $330M |
| Retained Earnings | $648M |
| Treasury Stock | -$79M |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $885M |
| Minority Interest | $0 |
| TOTAL EQUITY | $885M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $78M |
| Net Debt | -$116M |
