| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $306M | — | $227M | — | 35.0% |
| Op. Income | $84M | — | -$65M | — | 228.2% |
| Gross Margin | 32.3% | — | 1.6% | — | 30.6pp |
| Net Margin | 21.7% | — | -32.4% | — | 54.1pp |
| EPS (Diluted) | $0.30 | — | $-0.34 | — | 188.2% |
| Free Cash Flow | $81M | — | -$106M | — | 176.7% |
| Item | Amount |
|---|---|
| REVENUE | $306M |
| Cost of Revenue | $207M |
| GROSS PROFIT | $99M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $10M |
| SG&A Expenses | $12M |
| Other Expenses | $3M |
| Operating Expenses | $15M |
| Cost & Expenses | $222M |
| OPERATING INCOME | $84M |
| Interest Income | $8M |
| Interest Expense | $3M |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $979.0K |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $35M |
| EBIT | $100M |
| EBITDA | $134M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $306M |
| Cost of Revenue | $207M |
| GROSS PROFIT | $99M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $10M |
| SG&A Expenses | $12M |
| Other Expenses | $3M |
| Operating Expenses | $15M |
| Cost & Expenses | $222M |
| OPERATING INCOME | $84M |
| Interest Income | $8M |
| Interest Expense | $3M |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $979.0K |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $35M |
| EBIT | $100M |
| EBITDA | $134M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$385.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $99M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $867.0K |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $81M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $648M |
| Short-Term Investments | $3M |
| Net Receivables | $71M |
| Inventory | $250M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $991M |
| PP&E (Net) | $1.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $42M |
| Tax Assets | $56M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $205M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $308M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $261M |
| TOTAL NON-CURRENT LIABILITIES | $301M |
| TOTAL LIABILITIES | $609M |
| Common Stock | $859M |
| Additional Paid-In Capital | $32M |
| Retained Earnings | $827M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $217.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $22M |
| Net Debt | -$625M |
