| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $193M | $192M | $153M | 0.6% | 26.3% |
| Op. Income | $251M | $160M | $175M | 57.3% | 43.7% |
| Gross Margin | 96.0% | 95.8% | 90.3% | 0.2pp | 5.7pp |
| Net Margin | 67.1% | 15.9% | 37.5% | 51.2pp | 29.5pp |
| EPS (Diluted) | $1.38 | $0.17 | $0.50 | 711.8% | 176.0% |
| Free Cash Flow | $57M | $31M | $30M | 82.8% | 88.1% |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $185M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | -$58M |
| OPERATING INCOME | $251M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$121M |
| INCOME BEFORE TAX | $129M |
| Income Tax Expense | $8.0K |
| Net Income from Continuing Ops | $129M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $129M |
| Net Income Deductions | -$18M |
| BOTTOM LINE NET INCOME | $129M |
| D&A | $0 |
| EBIT | $251M |
| EBITDA | $251M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $185M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | -$58M |
| OPERATING INCOME | $251M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$121M |
| INCOME BEFORE TAX | $129M |
| Income Tax Expense | $8.0K |
| Net Income from Continuing Ops | $129M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $129M |
| Net Income Deductions | -$18M |
| BOTTOM LINE NET INCOME | $129M |
| D&A | $0 |
| EBIT | $251M |
| EBITDA | $251M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $129M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$65M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $57M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | $228M |
| NET CASH FROM INVESTING | $248M |
| Net Debt Issuance | -$313M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$358M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $169M |
| Short-Term Investments | $0 |
| Net Receivables | $81M |
| Inventory | $0 |
| Other Current Assets | -$250M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $12.5B |
| Account Payables | $0 |
| Short-Term Debt | $3.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $107M |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$6.7B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $9.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.8B |
| Retained Earnings | -$1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $185M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $12.5B |
| Total Debt | $9.8B |
| Net Debt | $9.6B |
