| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $661M | $660M | $589M | 0.3% | 12.3% |
| Op. Income | -$5M | -$284.0K | -$19M | -1537.7% | 75.8% |
| Gross Margin | 79.4% | 79.2% | 77.5% | 0.2pp | 1.9pp |
| Net Margin | 0.1% | 0.7% | -4.6% | -0.7pp | 4.7pp |
| EPS (Diluted) | $0.00 | $0.02 | $-0.14 | -82.2% | 103.1% |
| Free Cash Flow | $215M | $113M | $175M | 89.9% | 22.9% |
| Item | Amount |
|---|---|
| REVENUE | $661M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $525M |
| R&D Expenses | $115M |
| Selling & Marketing | $281M |
| General & Administrative | $105M |
| SG&A Expenses | $385M |
| Other Expenses | $29M |
| Operating Expenses | $530M |
| Cost & Expenses | $666M |
| OPERATING INCOME | -$5M |
| Interest Income | $12M |
| Interest Expense | $2M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $539.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $539.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $896.0K |
| D&A | $23M |
| EBIT | $8M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $539.0K |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $145M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $55M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $234M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$54M |
| Sales/Maturities of Investments | $81M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$40M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $215M |
| Net Change in Cash | $222M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $940M |
| Short-Term Investments | $351M |
| Net Receivables | $426M |
| Inventory | $0 |
| Other Current Assets | $87M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $341M |
| Goodwill | $353M |
| Intangible Assets | $65M |
| Long-Term Investments | $121M |
| Tax Assets | $0 |
| Other Non-Current Assets | $445M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $15M |
| Short-Term Debt | $724M |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $142M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $185M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | -$1.6B |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $749M |
| Minority Interest | $0 |
| TOTAL EQUITY | $749M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $883M |
| Net Debt | -$58M |
