| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | — | $128M | — | -2.5% |
| Op. Income | $8M | — | $8M | — | 8.6% |
| Gross Margin | 29.2% | — | 24.8% | — | 4.5pp |
| Net Margin | 6.0% | — | 5.1% | — | 0.9pp |
| EPS (Diluted) | $0.39 | — | $0.23 | — | 69.6% |
| Free Cash Flow | $7M | — | $2M | — | 230.9% |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $5M |
| Operating Expenses | $28M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $8M |
| Interest Income | $586.0K |
| Interest Expense | $104.0K |
| Other Income/Expenses | $482.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $5M |
| EBIT | $9M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $5M |
| Operating Expenses | $28M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $8M |
| Interest Income | $586.0K |
| Interest Expense | $104.0K |
| Other Income/Expenses | $482.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $5M |
| EBIT | $9M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $848.0K |
| Deferred Income Tax | $244.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$140.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $0 |
| Net Receivables | $90M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $168M |
| PP&E (Net) | $105M |
| Goodwill | $12M |
| Intangible Assets | $0 |
| Long-Term Investments | $385.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $128M |
| TOTAL ASSETS | $295M |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $66M |
| TOTAL LIABILITIES | $139M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $206M |
| Retained Earnings | -$37M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $156M |
| Minority Interest | $0 |
| TOTAL EQUITY | $156M |
| TOTAL LIABILITIES & EQUITY | $295M |
| Total Debt | $75M |
| Net Debt | $13M |
