| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $133M | $120M | $114M | 11.1% | 16.7% |
| Op. Income | $15M | $30M | $33M | -49.7% | -54.3% |
| Gross Margin | 58.0% | 62.8% | 78.8% | -4.8pp | -20.7pp |
| Net Margin | 9.3% | 20.1% | 23.1% | -10.8pp | -13.8pp |
| EPS (Diluted) | $0.45 | $0.95 | $1.03 | -52.6% | -56.3% |
| Free Cash Flow | $26M | $38M | $24M | -31.5% | 9.9% |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $37M |
| SG&A Expenses | $37M |
| Other Expenses | $24M |
| Operating Expenses | $62M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $15M |
| Interest Income | $110M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $3M |
| EBIT | $15M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $133M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $37M |
| SG&A Expenses | $37M |
| Other Expenses | $24M |
| Operating Expenses | $62M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $15M |
| Interest Income | $110M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $3M |
| EBIT | $15M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $492.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$31M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$245M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $67M |
| NET CASH FROM FINANCING | -$98M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | -$96M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $384M |
| Short-Term Investments | $499M |
| Net Receivables | $36M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $919M |
| PP&E (Net) | $84M |
| Goodwill | $93M |
| Intangible Assets | $89M |
| Long-Term Investments | $6.3B |
| Tax Assets | $48M |
| Other Non-Current Assets | $251M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $7.8B |
| Account Payables | $12M |
| Short-Term Debt | $165M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.4B |
| TOTAL CURRENT LIABILITIES | $6.6B |
| Long-Term Debt | $75M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $119M |
| TOTAL NON-CURRENT LIABILITIES | $194M |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $543M |
| Retained Earnings | $470M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $965M |
| Minority Interest | $0 |
| TOTAL EQUITY | $965M |
| TOTAL LIABILITIES & EQUITY | $7.8B |
| Total Debt | $241M |
| Net Debt | -$143M |
