| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $268M | $279M | $248M | -3.8% | 8.2% |
| Op. Income | $36M | $34M | $53M | 6.8% | -32.0% |
| Gross Margin | 45.1% | 47.9% | 57.2% | -2.9pp | -12.1pp |
| Net Margin | 9.7% | 9.5% | 15.8% | 0.1pp | -6.1pp |
| EPS (Diluted) | $0.21 | $0.22 | $0.33 | -4.5% | -36.4% |
| Free Cash Flow | $28M | $77M | $73M | -64.1% | -62.4% |
| Item | Amount |
|---|---|
| REVENUE | $268M |
| Cost of Revenue | $147M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $52M |
| SG&A Expenses | $52M |
| Other Expenses | $33M |
| Operating Expenses | $85M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $36M |
| Interest Income | $260M |
| Interest Expense | $145M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $0 |
| EBIT | $36M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $268M |
| Cost of Revenue | $147M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $52M |
| SG&A Expenses | $52M |
| Other Expenses | $33M |
| Operating Expenses | $85M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $36M |
| Interest Income | $260M |
| Interest Expense | $145M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $0 |
| EBIT | $36M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$38M |
| Sales/Maturities of Investments | $155M |
| Other Investing Activities | $132M |
| NET CASH FROM INVESTING | $247M |
| Net Debt Issuance | -$1.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$1.0B |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$744M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $2.0B |
| Net Receivables | $60M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $94M |
| Goodwill | $464M |
| Intangible Assets | $4M |
| Long-Term Investments | $13.9B |
| Tax Assets | $138M |
| Other Non-Current Assets | $204M |
| TOTAL NON-CURRENT ASSETS | $14.8B |
| TOTAL ASSETS | $18.1B |
| Account Payables | $122M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.8B |
| TOTAL CURRENT LIABILITIES | $14.9B |
| Long-Term Debt | $904M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $146M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $16.0B |
| Common Stock | $138.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $1.2B |
| Treasury Stock | -$265M |
| Accum. Other Comp. Income | -$222M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $18.1B |
| Total Debt | $954M |
| Net Debt | -$231M |
