| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $73M | $71M | $69M | 3.1% | 5.5% |
| Op. Income | $6M | $4M | $3M | 33.8% | 96.8% |
| Gross Margin | 66.2% | 66.0% | 65.4% | 0.2pp | 0.8pp |
| Net Margin | 7.2% | 6.5% | 3.8% | 0.7pp | 3.4pp |
| EPS (Diluted) | $0.17 | $0.15 | $0.09 | 13.3% | 88.9% |
| Free Cash Flow | $20M | $7M | $20M | 180.0% | 2.7% |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $48M |
| R&D Expenses | $12M |
| Selling & Marketing | $12M |
| General & Administrative | $8M |
| SG&A Expenses | $20M |
| Other Expenses | $10M |
| Operating Expenses | $42M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $6M |
| Interest Income | $904.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $853.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $10M |
| EBIT | $6M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $48M |
| R&D Expenses | $12M |
| Selling & Marketing | $12M |
| General & Administrative | $8M |
| SG&A Expenses | $20M |
| Other Expenses | $10M |
| Operating Expenses | $42M |
| Cost & Expenses | $67M |
| OPERATING INCOME | $6M |
| Interest Income | $904.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $853.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $10M |
| EBIT | $6M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$742.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$855.0K |
| Common Dividends Paid | -$849.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $31M |
| Net Receivables | $44M |
| Inventory | $0 |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $147M |
| PP&E (Net) | $32M |
| Goodwill | $191M |
| Intangible Assets | $106M |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $364M |
| TOTAL ASSETS | $512M |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $98M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $126M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $41M |
| TOTAL LIABILITIES | $167M |
| Common Stock | $249M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $97M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $345M |
| Minority Interest | $0 |
| TOTAL EQUITY | $345M |
| TOTAL LIABILITIES & EQUITY | $512M |
| Total Debt | $19M |
| Net Debt | -$33M |
