| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $194M | $196M | $175M | -0.7% | 11.0% |
| Op. Income | $46M | $53M | $68M | -13.0% | -32.3% |
| Gross Margin | 73.1% | 75.5% | 92.5% | -2.4pp | -19.4pp |
| Net Margin | 19.3% | 21.8% | 31.7% | -2.5pp | -12.4pp |
| EPS (Diluted) | $1.09 | $1.24 | $1.61 | -12.1% | -32.3% |
| Free Cash Flow | $49M | $65M | $73M | -23.8% | -32.3% |
| Item | Amount |
|---|---|
| REVENUE | $194M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $142M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $65M |
| SG&A Expenses | $66M |
| Other Expenses | $29M |
| Operating Expenses | $96M |
| Cost & Expenses | $148M |
| OPERATING INCOME | $46M |
| Interest Income | $185M |
| Interest Expense | $52M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $5M |
| EBIT | $46M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $194M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $142M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $65M |
| SG&A Expenses | $66M |
| Other Expenses | $29M |
| Operating Expenses | $96M |
| Cost & Expenses | $148M |
| OPERATING INCOME | $46M |
| Interest Income | $185M |
| Interest Expense | $52M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $5M |
| EBIT | $46M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $134M |
| Other Investing Activities | -$59M |
| NET CASH FROM INVESTING | $62M |
| Net Debt Issuance | -$271M |
| Common Stock Repurchased | -$907.0K |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $129M |
| NET CASH FROM FINANCING | -$159M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | -$45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $209M |
| Short-Term Investments | $2.2B |
| Net Receivables | $66M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $171M |
| Goodwill | $373M |
| Intangible Assets | $5M |
| Long-Term Investments | $11.8B |
| Tax Assets | $157M |
| Other Non-Current Assets | $527M |
| TOTAL NON-CURRENT ASSETS | $13.0B |
| TOTAL ASSETS | $15.5B |
| Account Payables | $0 |
| Short-Term Debt | $183M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.2B |
| TOTAL CURRENT LIABILITIES | $13.3B |
| Long-Term Debt | $208M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $258M |
| TOTAL NON-CURRENT LIABILITIES | $512M |
| TOTAL LIABILITIES | $13.9B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $663M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$299M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $15.5B |
| Total Debt | $437M |
| Net Debt | $228M |
