| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $154M | $149M | $135M | 3.4% | 14.2% |
| Op. Income | $104M | $106M | $93M | -1.4% | 11.6% |
| Gross Margin | 72.1% | 73.6% | 73.2% | -1.5pp | -1.1pp |
| Net Margin | 38.0% | 42.5% | 33.1% | -4.5pp | 4.9pp |
| EPS (Diluted) | $1.22 | $1.35 | $1.02 | -9.6% | 19.6% |
| Free Cash Flow | $102M | $29M | $78M | 251.0% | 31.4% |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $111M |
| R&D Expenses | $0 |
| Selling & Marketing | $177.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $104M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $39M |
| EBIT | $59M |
| EBITDA | $98M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $111M |
| R&D Expenses | $0 |
| Selling & Marketing | $177.0K |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $104M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $39M |
| EBIT | $59M |
| EBITDA | $98M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $59M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $117M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$113M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$123M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$61M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $102M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $82M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $102M |
| PP&E (Net) | $3M |
| Goodwill | $990.0K |
| Intangible Assets | $21M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.4B |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $15M |
| Short-Term Debt | -$1M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $173M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$369M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $316.0K |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $1.7B |
| Net Debt | $1.7B |
