| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $366M | $299M | $61M | 22.4% | 501.1% |
| Op. Income | $103M | $70M | $12M | 48.2% | 780.9% |
| Gross Margin | 45.2% | 43.6% | 38.6% | 1.6pp | 6.6pp |
| Net Margin | 23.7% | 15.1% | 15.4% | 8.6pp | 8.3pp |
| EPS (Diluted) | $0.45 | $0.26 | $0.04 | 75.6% | 1044.4% |
| Free Cash Flow | $72M | $101M | $26M | -28.9% | 175.9% |
| Item | Amount |
|---|---|
| REVENUE | $366M |
| Cost of Revenue | $201M |
| GROSS PROFIT | $165M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $37M |
| SG&A Expenses | $48M |
| Other Expenses | $14M |
| Operating Expenses | $62M |
| Cost & Expenses | $263M |
| OPERATING INCOME | $103M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $109M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $1M |
| EBIT | $103M |
| EBITDA | $104M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $366M |
| Cost of Revenue | $201M |
| GROSS PROFIT | $165M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $37M |
| SG&A Expenses | $48M |
| Other Expenses | $14M |
| Operating Expenses | $62M |
| Cost & Expenses | $263M |
| OPERATING INCOME | $103M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $109M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $1M |
| EBIT | $103M |
| EBITDA | $104M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $52.6K |
| Deferred Income Tax | -$394.1K |
| Other Non-Cash Items | -$524.6K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7.9K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$65.8K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | $72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $412M |
| Short-Term Investments | $15M |
| Net Receivables | $26M |
| Inventory | $12M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $484M |
| PP&E (Net) | $32M |
| Goodwill | $2M |
| Intangible Assets | $0 |
| Long-Term Investments | $276.2K |
| Tax Assets | $19M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $56M |
| TOTAL ASSETS | $540M |
| Account Payables | $61M |
| Short-Term Debt | $247.2K |
| Deferred Revenue | $37M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $225M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $23M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $133M |
| TOTAL NON-CURRENT LIABILITIES | $167M |
| TOTAL LIABILITIES | $392M |
| Common Stock | $11.1K |
| Additional Paid-In Capital | $12M |
| Retained Earnings | $134M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | -$130M |
| TOTAL STOCKHOLDERS' EQUITY | $145M |
| Minority Interest | $4M |
| TOTAL EQUITY | $149M |
| TOTAL LIABILITIES & EQUITY | $540M |
| Total Debt | $20M |
| Net Debt | -$391M |
