| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $235M | $279M | $224M | -15.8% | 4.9% |
| Op. Income | $40M | $54M | $38M | -24.7% | 4.9% |
| Gross Margin | 81.3% | 80.8% | 77.8% | 0.5pp | 3.5pp |
| Net Margin | 26.2% | 24.7% | 28.0% | 1.5pp | -1.8pp |
| EPS (Diluted) | $1.82 | $0.52 | $0.46 | 250.6% | 294.9% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $235M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $191M |
| R&D Expenses | $49M |
| Selling & Marketing | $94M |
| General & Administrative | $22M |
| SG&A Expenses | $116M |
| Other Expenses | -$14M |
| Operating Expenses | $151M |
| Cost & Expenses | $195M |
| OPERATING INCOME | $40M |
| Interest Income | $32M |
| Interest Expense | $0 |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $9M |
| EBIT | $40M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $235M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $191M |
| R&D Expenses | $49M |
| Selling & Marketing | $94M |
| General & Administrative | $22M |
| SG&A Expenses | $116M |
| Other Expenses | -$14M |
| Operating Expenses | $151M |
| Cost & Expenses | $195M |
| OPERATING INCOME | $40M |
| Interest Income | $32M |
| Interest Expense | $0 |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $9M |
| EBIT | $40M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$63M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $419M |
| Short-Term Investments | $3.0B |
| Net Receivables | $205M |
| Inventory | $22M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $28M |
| Goodwill | $0 |
| Intangible Assets | $603M |
| Long-Term Investments | $58M |
| Tax Assets | $43M |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $762M |
| TOTAL ASSETS | $4.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $190M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $683M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $72M |
| TOTAL NON-CURRENT LIABILITIES | $84M |
| TOTAL LIABILITIES | $767M |
| Common Stock | $3.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $182M |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $11M |
| Net Debt | -$408M |
