| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $241M | $239M | $225M | 0.7% | 7.3% |
| Op. Income | $7M | -$2M | $6M | 392.1% | 15.1% |
| Gross Margin | 21.0% | 100.0% | 21.7% | -79.0pp | -0.7pp |
| Net Margin | 2.5% | -0.8% | 2.3% | 3.3pp | 0.2pp |
| EPS (Diluted) | $0.18 | $-0.06 | $0.16 | 404.1% | 12.5% |
| Free Cash Flow | $5M | $3M | -$725.4K | 85.6% | 764.2% |
| Item | Amount |
|---|---|
| REVENUE | $241M |
| Cost of Revenue | $190M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $43M |
| Operating Expenses | $43M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $154.6K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $966.9K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $241M |
| Cost of Revenue | $190M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $43M |
| Operating Expenses | $43M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $154.6K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $966.9K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $966.9K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $9.1K |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$4 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$59M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $361M |
| Net Receivables | $645M |
| Inventory | $0 |
| Other Current Assets | -$1.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $3M |
| Goodwill | $6M |
| Intangible Assets | $958.0K |
| Long-Term Investments | $1.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$1.3B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $2.3B |
| Account Payables | $4M |
| Short-Term Debt | $35M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$43M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $364.7K |
| Additional Paid-In Capital | $337M |
| Retained Earnings | $224M |
| Treasury Stock | -$41M |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $485M |
| Minority Interest | $0 |
| TOTAL EQUITY | $485M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $35M |
| Net Debt | $15M |
