| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $67M | $70M | $59M | -4.3% | 13.9% |
| Op. Income | $21M | $25M | $12M | -17.2% | 69.1% |
| Gross Margin | 76.5% | 78.0% | 81.1% | -1.5pp | -4.6pp |
| Net Margin | 22.7% | 26.3% | 15.6% | -3.6pp | 7.1pp |
| EPS (Diluted) | $0.48 | $0.58 | $0.30 | -17.2% | 60.0% |
| Free Cash Flow | $25M | $12M | $21M | 116.0% | 22.1% |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $996.0K |
| General & Administrative | $20M |
| SG&A Expenses | $21M |
| Other Expenses | $10M |
| Operating Expenses | $31M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $21M |
| Interest Income | $62M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $1M |
| EBIT | $21M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $51M |
| R&D Expenses | $0 |
| Selling & Marketing | $996.0K |
| General & Administrative | $20M |
| SG&A Expenses | $21M |
| Other Expenses | $10M |
| Operating Expenses | $31M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $21M |
| Interest Income | $62M |
| Interest Expense | $15M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $1M |
| EBIT | $21M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $509.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $97M |
| Other Investing Activities | $62M |
| NET CASH FROM INVESTING | $153M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$41M |
| NET CASH FROM FINANCING | -$61M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $119M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $261M |
| Short-Term Investments | $669M |
| Net Receivables | $23M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $953M |
| PP&E (Net) | $65M |
| Goodwill | $60M |
| Intangible Assets | $39M |
| Long-Term Investments | $3.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $90M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $0 |
| Short-Term Debt | $32M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $105M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $151M |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $328.0K |
| Additional Paid-In Capital | $296M |
| Retained Earnings | $278M |
| Treasury Stock | -$22M |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $497M |
| Minority Interest | $0 |
| TOTAL EQUITY | $497M |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $137M |
| Net Debt | -$124M |
