| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $145M | $150M | $145M | -3.2% | 0.1% |
| Op. Income | $49M | $62M | $25M | -19.8% | 100.9% |
| Gross Margin | 63.1% | 63.2% | 53.5% | -0.1pp | 9.6pp |
| Net Margin | 19.1% | 21.3% | -12.0% | -2.2pp | 31.2pp |
| EPS (Diluted) | $0.71 | $0.82 | $-0.51 | -13.4% | 239.2% |
| Free Cash Flow | $61M | $73M | $27M | -16.1% | 123.2% |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $49M |
| Interest Income | $4M |
| Interest Expense | $17M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $35M |
| EBIT | $54M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $49M |
| Interest Income | $4M |
| Interest Expense | $17M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $35M |
| EBIT | $54M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$568.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$46M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$54M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $229M |
| Short-Term Investments | $89M |
| Net Receivables | $175M |
| Inventory | $31M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $539M |
| PP&E (Net) | $21M |
| Goodwill | $134M |
| Intangible Assets | $387M |
| Long-Term Investments | $0 |
| Tax Assets | $31M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $575M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $6M |
| Short-Term Debt | $183M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $446M |
| Long-Term Debt | $440M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $446M |
| TOTAL LIABILITIES | $892M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $565M |
| Retained Earnings | -$205M |
| Treasury Stock | -$137M |
| Accum. Other Comp. Income | -$124.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $222M |
| Minority Interest | $0 |
| TOTAL EQUITY | $222M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $630M |
| Net Debt | $401M |
