| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $184M | $190M | $183M | -3.5% | 0.4% |
| Op. Income | $34M | $36M | $46M | -4.7% | -25.7% |
| Gross Margin | 57.8% | 61.1% | 69.2% | -3.2pp | -11.4pp |
| Net Margin | 15.2% | 15.4% | 19.9% | -0.2pp | -4.7pp |
| EPS (Diluted) | $0.59 | $0.63 | $0.78 | -6.3% | -24.4% |
| Free Cash Flow | $35M | $71M | $89M | -51.0% | -61.0% |
| Item | Amount |
|---|---|
| REVENUE | $184M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $45M |
| SG&A Expenses | $46M |
| Other Expenses | $26M |
| Operating Expenses | $72M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $34M |
| Interest Income | $176M |
| Interest Expense | $77M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $4M |
| EBIT | $34M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $184M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $45M |
| SG&A Expenses | $46M |
| Other Expenses | $26M |
| Operating Expenses | $72M |
| Cost & Expenses | $149M |
| OPERATING INCOME | $34M |
| Interest Income | $176M |
| Interest Expense | $77M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $4M |
| EBIT | $34M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $207.0K |
| Other Non-Cash Items | $606.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $137.0K |
| Purchases of Investments | -$282M |
| Sales/Maturities of Investments | $275M |
| Other Investing Activities | $119M |
| NET CASH FROM INVESTING | $110M |
| Net Debt Issuance | -$31M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$49M |
| NET CASH FROM FINANCING | -$87M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $770M |
| Short-Term Investments | $1.5B |
| Net Receivables | $54M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $207M |
| Goodwill | $243M |
| Intangible Assets | $174M |
| Long-Term Investments | $9.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $417M |
| TOTAL NON-CURRENT ASSETS | $10.3B |
| TOTAL ASSETS | $12.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.5B |
| TOTAL CURRENT LIABILITIES | $10.5B |
| Long-Term Debt | $361M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $138M |
| TOTAL NON-CURRENT LIABILITIES | $564M |
| TOTAL LIABILITIES | $11.1B |
| Common Stock | $47M |
| Additional Paid-In Capital | $867M |
| Retained Earnings | $698M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$132M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $93.0K |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $12.5B |
| Total Debt | $425M |
| Net Debt | -$345M |
