| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $67M | $62M | -5.7% | 2.8% |
| Op. Income | $13M | $18M | $8M | -24.1% | 74.4% |
| Gross Margin | 63.9% | 66.5% | 62.3% | -2.6pp | 1.5pp |
| Net Margin | 17.7% | 21.7% | 11.5% | -4.0pp | 6.3pp |
| EPS (Diluted) | $0.30 | $0.39 | $0.19 | -23.1% | 57.9% |
| Free Cash Flow | $12M | $12M | $14M | 1.7% | -11.2% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $431.0K |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $10M |
| Operating Expenses | $27M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $13M |
| Interest Income | $55M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $431.0K |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $10M |
| Operating Expenses | $27M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $13M |
| Interest Income | $55M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $662.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$46M |
| Sales/Maturities of Investments | $56M |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | $27M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $1.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $45M |
| Goodwill | $167M |
| Intangible Assets | $22M |
| Long-Term Investments | $3.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $350M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $0 |
| Short-Term Debt | $345M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.2B |
| TOTAL CURRENT LIABILITIES | $4.5B |
| Long-Term Debt | $89M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $140M |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $365M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $242M |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | -$185M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $397M |
| Minority Interest | $0 |
| TOTAL EQUITY | $397M |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $434M |
| Net Debt | $411M |
