| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $223M | $214M | $139M | 4.1% | 60.2% |
| Op. Income | $53M | $44M | $7M | 21.1% | 660.7% |
| Gross Margin | 76.8% | 80.8% | 86.8% | -4.0pp | -10.1pp |
| Net Margin | 18.3% | 15.7% | 4.2% | 2.6pp | 14.2pp |
| EPS (Diluted) | $0.76 | $0.63 | $0.11 | 20.6% | 590.9% |
| Free Cash Flow | $77M | $40M | $73M | 93.3% | 5.5% |
| Item | Amount |
|---|---|
| REVENUE | $223M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $171M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $73M |
| SG&A Expenses | $76M |
| Other Expenses | $42M |
| Operating Expenses | $118M |
| Cost & Expenses | $170M |
| OPERATING INCOME | $53M |
| Interest Income | $153M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $7M |
| EBIT | $53M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $223M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $171M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $73M |
| SG&A Expenses | $76M |
| Other Expenses | $42M |
| Operating Expenses | $118M |
| Cost & Expenses | $170M |
| OPERATING INCOME | $53M |
| Interest Income | $153M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $7M |
| EBIT | $53M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | -$187M |
| NET CASH FROM INVESTING | -$215M |
| Net Debt Issuance | -$66M |
| Common Stock Repurchased | -$35M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $405M |
| NET CASH FROM FINANCING | $282M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | $147M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $338M |
| Short-Term Investments | $2.9B |
| Net Receivables | $54M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $171M |
| Goodwill | $850M |
| Intangible Assets | $55M |
| Long-Term Investments | $11.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $489M |
| TOTAL NON-CURRENT ASSETS | $12.6B |
| TOTAL ASSETS | $15.9B |
| Account Payables | $0 |
| Short-Term Debt | $287M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.4B |
| TOTAL CURRENT LIABILITIES | $13.6B |
| Long-Term Debt | $395M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $167M |
| TOTAL NON-CURRENT LIABILITIES | $562M |
| TOTAL LIABILITIES | $14.2B |
| Common Stock | $55M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.2B |
| Treasury Stock | -$89M |
| Accum. Other Comp. Income | -$584M |
| Other Equity | $6M |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $15.9B |
| Total Debt | $682M |
| Net Debt | $344M |
