| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $184M | $211M | $225M | -12.7% | -18.1% |
| Op. Income | $2M | $17M | $14M | -90.0% | -88.5% |
| Gross Margin | 60.3% | 62.4% | 59.1% | -2.0pp | 1.3pp |
| Net Margin | 1.3% | 7.1% | 5.5% | -5.8pp | -4.2pp |
| EPS (Diluted) | $0.14 | $0.90 | $0.74 | -84.4% | -81.1% |
| Free Cash Flow | -$3M | $11M | $4M | -129.3% | -173.9% |
| Item | Amount |
|---|---|
| REVENUE | $184M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $111M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $109M |
| Other Expenses | $0 |
| Operating Expenses | $109M |
| Cost & Expenses | $182M |
| OPERATING INCOME | $2M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $802.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $5M |
| EBIT | $2M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $184M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $111M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $109M |
| Other Expenses | $0 |
| Operating Expenses | $109M |
| Cost & Expenses | $182M |
| OPERATING INCOME | $2M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $802.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $5M |
| EBIT | $2M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $774.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $48.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $112M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $92M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $241M |
| PP&E (Net) | $370M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $400M |
| TOTAL ASSETS | $641M |
| Account Payables | $17M |
| Short-Term Debt | $0 |
| Deferred Revenue | $41M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $131M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $203M |
| TOTAL LIABILITIES | $334M |
| Common Stock | $32M |
| Additional Paid-In Capital | $114M |
| Retained Earnings | $417M |
| Treasury Stock | -$255M |
| Accum. Other Comp. Income | -$983.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $307M |
| Minority Interest | $0 |
| TOTAL EQUITY | $307M |
| TOTAL LIABILITIES & EQUITY | $641M |
| Total Debt | $212M |
| Net Debt | $100M |
