| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $74M | $73M | $59M | 0.7% | 24.9% |
| Op. Income | $5M | $2M | -$12M | 204.5% | 143.3% |
| Gross Margin | 89.5% | 89.7% | 46.6% | -0.2pp | 42.9pp |
| Net Margin | 46.5% | 0.2% | -23.8% | 46.3pp | 70.3pp |
| EPS (Diluted) | $2.60 | $0.01 | $-1.18 | 18081.8% | 320.3% |
| Free Cash Flow | $17M | $14M | -$9M | 23.1% | 283.2% |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $25M |
| SG&A Expenses | $34M |
| Other Expenses | $27M |
| Operating Expenses | $61M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $5M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | $32M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $2M |
| EBIT | $40M |
| EBITDA | $41M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $25M |
| SG&A Expenses | $34M |
| Other Expenses | $27M |
| Operating Expenses | $61M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $5M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | $32M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $2M |
| EBIT | $40M |
| EBITDA | $41M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$80M |
| Sales/Maturities of Investments | $149M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $66M |
| Net Debt Issuance | -$71M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $524.0K |
| NET CASH FROM FINANCING | -$70M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $44M |
| Net Receivables | $105M |
| Inventory | $0 |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $218M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $17M |
| TOTAL ASSETS | $236M |
| Account Payables | $9M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $75M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $79M |
| TOTAL LIABILITIES | $108M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $303M |
| Retained Earnings | -$176M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $127M |
| Minority Interest | $0 |
| TOTAL EQUITY | $127M |
| TOTAL LIABILITIES & EQUITY | $236M |
| Total Debt | $76M |
| Net Debt | $20M |
