| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $249M | $231M | $187M | 7.8% | 33.4% |
| Op. Income | $15M | $32M | -$11M | -53.4% | 234.0% |
| Gross Margin | 82.7% | 82.6% | 80.7% | 0.1pp | 2.0pp |
| Net Margin | 14.4% | 21.0% | 2.6% | -6.6pp | 11.8pp |
| EPS (Diluted) | $0.08 | $0.11 | $0.01 | -27.0% | 650.0% |
| Free Cash Flow | $69M | -$4M | $79M | 1746.0% | -13.2% |
| Item | Amount |
|---|---|
| REVENUE | $249M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $206M |
| R&D Expenses | $68M |
| Selling & Marketing | $85M |
| General & Administrative | $40M |
| SG&A Expenses | $124M |
| Other Expenses | -$2M |
| Operating Expenses | $191M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $15M |
| Interest Income | $23M |
| Interest Expense | $0 |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $0 |
| EBIT | $15M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $249M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $206M |
| R&D Expenses | $68M |
| Selling & Marketing | $85M |
| General & Administrative | $40M |
| SG&A Expenses | $124M |
| Other Expenses | -$2M |
| Operating Expenses | $191M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $15M |
| Interest Income | $23M |
| Interest Expense | $0 |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $0 |
| EBIT | $15M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $99M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $132M |
| Capital Expenditure | -$63M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$76M |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $69M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $401M |
| Short-Term Investments | $1.3B |
| Net Receivables | $4M |
| Inventory | $379.8K |
| Other Current Assets | $100M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $327M |
| Goodwill | $953.8K |
| Intangible Assets | $41M |
| Long-Term Investments | $523M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $892M |
| TOTAL ASSETS | $2.7B |
| Account Payables | $68M |
| Short-Term Debt | $0 |
| Deferred Revenue | $459M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $652M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $21M |
| TOTAL LIABILITIES | $672M |
| Common Stock | $2.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $1.3K |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $38M |
| Net Debt | -$364M |
