| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $92M | $107M | $85M | -13.4% | 8.7% |
| Op. Income | $4M | $8M | $4M | -55.1% | -17.2% |
| Gross Margin | 18.4% | 19.7% | 17.9% | -1.3pp | 0.5pp |
| Net Margin | 3.0% | 4.8% | 3.9% | -1.8pp | -1.0pp |
| EPS (Diluted) | $0.62 | $1.15 | $0.74 | -46.1% | -16.2% |
| Free Cash Flow | $13M | $3M | $42M | 334.8% | -69.6% |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $994.0K |
| Operating Expenses | $14M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $4M |
| Interest Income | $203.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $118.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $890.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $900.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $13M |
| Other Expenses | $994.0K |
| Operating Expenses | $14M |
| Cost & Expenses | $89M |
| OPERATING INCOME | $4M |
| Interest Income | $203.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $118.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $890.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $900.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $900.0K |
| Stock-Based Compensation | $822.0K |
| Deferred Income Tax | -$77.0K |
| Other Non-Cash Items | $39.0K |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$432.0K |
| Common Dividends Paid | -$756.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $181M |
| Inventory | $2M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $233M |
| PP&E (Net) | $11M |
| Goodwill | $27M |
| Intangible Assets | $26M |
| Long-Term Investments | $752.0K |
| Tax Assets | $389.0K |
| Other Non-Current Assets | $974.0K |
| TOTAL NON-CURRENT ASSETS | $66M |
| TOTAL ASSETS | $298M |
| Account Payables | $190M |
| Short-Term Debt | $545.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $214M |
| Long-Term Debt | $614.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $735.0K |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $222M |
| Common Stock | $53.0K |
| Additional Paid-In Capital | $35M |
| Retained Earnings | $55M |
| Treasury Stock | -$13M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $76M |
| Minority Interest | $0 |
| TOTAL EQUITY | $76M |
| TOTAL LIABILITIES & EQUITY | $298M |
| Total Debt | $2M |
| Net Debt | -$41M |
