| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $268M | $274M | $243M | -2.1% | 10.2% |
| Op. Income | $49M | -$7M | $9M | 811.0% | 438.3% |
| Gross Margin | 69.6% | 70.6% | 70.9% | -0.9pp | -1.3pp |
| Net Margin | 9.2% | -9.5% | -0.7% | 18.7pp | 9.9pp |
| EPS (Diluted) | $0.19 | $-0.20 | $-0.02 | 195.0% | 1173.4% |
| Free Cash Flow | -$381.0K | $61M | $7M | -100.6% | -105.8% |
| Item | Amount |
|---|---|
| REVENUE | $268M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $186M |
| R&D Expenses | $36M |
| Selling & Marketing | $64M |
| General & Administrative | $21M |
| SG&A Expenses | $84M |
| Other Expenses | $17M |
| Operating Expenses | $138M |
| Cost & Expenses | $219M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $208.0K |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $17M |
| EBIT | $50M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $268M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $186M |
| R&D Expenses | $36M |
| Selling & Marketing | $64M |
| General & Administrative | $21M |
| SG&A Expenses | $84M |
| Other Expenses | $17M |
| Operating Expenses | $138M |
| Cost & Expenses | $219M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $208.0K |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $17M |
| EBIT | $50M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $164.0K |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$84M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$94M |
| FREE CASH FLOW | -$381.0K |
| Net Change in Cash | -$93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $263M |
| Short-Term Investments | $0 |
| Net Receivables | $101M |
| Inventory | $0 |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $394M |
| PP&E (Net) | $26M |
| Goodwill | $1.6B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $0 |
| Tax Assets | $26M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $8M |
| Short-Term Debt | $6M |
| Deferred Revenue | $47M |
| Other Current Liabilities | $56M |
| TOTAL CURRENT LIABILITIES | $201M |
| Long-Term Debt | $614M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $421M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$119M |
| Treasury Stock | -$119M |
| Accum. Other Comp. Income | $77M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $659M |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $633M |
| Net Debt | $371M |
