| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $176M | $161M | $146M | 9.2% | 20.2% |
| Op. Income | $65M | $56M | $64M | 15.8% | 1.0% |
| Gross Margin | 71.5% | 72.2% | 80.8% | -0.7pp | -9.3pp |
| Net Margin | 30.4% | 28.6% | 36.0% | 1.8pp | -5.6pp |
| EPS (Diluted) | $0.37 | $0.32 | $0.37 | 15.6% | 0.0% |
| Free Cash Flow | $72M | $55M | $90M | 30.7% | -19.9% |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $716.0K |
| General & Administrative | $39M |
| SG&A Expenses | $40M |
| Other Expenses | $21M |
| Operating Expenses | $61M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $65M |
| Interest Income | $150M |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $3M |
| EBIT | $65M |
| EBITDA | $68M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $716.0K |
| General & Administrative | $39M |
| SG&A Expenses | $40M |
| Other Expenses | $21M |
| Operating Expenses | $61M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $65M |
| Interest Income | $150M |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $3M |
| EBIT | $65M |
| EBITDA | $68M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.6B |
| Sales/Maturities of Investments | $3.6B |
| Other Investing Activities | -$81M |
| NET CASH FROM INVESTING | -$70M |
| Net Debt Issuance | -$70M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$26M |
| Other Financing Activities | $153M |
| NET CASH FROM FINANCING | $57M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | $64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $588M |
| Short-Term Investments | $4.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $152M |
| Goodwill | $0 |
| Intangible Assets | $314M |
| Long-Term Investments | $7.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $322M |
| TOTAL NON-CURRENT ASSETS | $7.9B |
| TOTAL ASSETS | $13.2B |
| Account Payables | $0 |
| Short-Term Debt | $313M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.3B |
| TOTAL CURRENT LIABILITIES | $11.6B |
| Long-Term Debt | $21M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $76M |
| TOTAL NON-CURRENT LIABILITIES | $97M |
| TOTAL LIABILITIES | $11.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $684M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$441M |
| Other Equity | $12M |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $13.2B |
| Total Debt | $334M |
| Net Debt | -$254M |
