| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $151M | $128M | $100M | 18.0% | 51.1% |
| Op. Income | $9M | $12M | $15M | -26.5% | -43.5% |
| Gross Margin | 25.3% | 30.1% | 40.6% | -4.8pp | -15.3pp |
| Net Margin | 4.5% | 7.0% | 12.4% | -2.5pp | -7.9pp |
| EPS (Diluted) | $0.50 | $0.66 | $0.91 | -24.2% | -45.1% |
| Free Cash Flow | $55M | $48M | $46M | 14.7% | 18.6% |
| Item | Amount |
|---|---|
| REVENUE | $151M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $143.0K |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $10M |
| Operating Expenses | $29M |
| Cost & Expenses | $142M |
| OPERATING INCOME | $9M |
| Interest Income | $92M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $882.0K |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $151M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $143.0K |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $10M |
| Operating Expenses | $29M |
| Cost & Expenses | $142M |
| OPERATING INCOME | $9M |
| Interest Income | $92M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $882.0K |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $882.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $83M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $57M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$341.0K |
| Sales/Maturities of Investments | $101M |
| Other Investing Activities | -$226M |
| NET CASH FROM INVESTING | -$128M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $103M |
| NET CASH FROM FINANCING | $103M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $515M |
| Short-Term Investments | $41.0K |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $550M |
| PP&E (Net) | $29M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.3B |
| Tax Assets | $2M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $34M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.5B |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $48M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $64M |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $132M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $172M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $304M |
| Minority Interest | $0 |
| TOTAL EQUITY | $304M |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $54M |
| Net Debt | -$461M |
