| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $236M | $237M | $213M | -0.6% | 10.6% |
| Op. Income | $62M | $71M | $81M | -11.9% | -23.2% |
| Gross Margin | 67.9% | 71.5% | 83.5% | -3.6pp | -15.6pp |
| Net Margin | 20.3% | 23.1% | 28.8% | -2.8pp | -8.5pp |
| EPS (Diluted) | $1.12 | $1.26 | $1.36 | -11.1% | -17.6% |
| Free Cash Flow | $47M | $47M | $47M | -1.1% | -1.2% |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $160M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $60M |
| SG&A Expenses | $60M |
| Other Expenses | $37M |
| Operating Expenses | $97M |
| Cost & Expenses | $173M |
| OPERATING INCOME | $62M |
| Interest Income | $208M |
| Interest Expense | $71M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $10M |
| EBIT | $62M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $236M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $160M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $60M |
| SG&A Expenses | $60M |
| Other Expenses | $37M |
| Operating Expenses | $97M |
| Cost & Expenses | $173M |
| OPERATING INCOME | $62M |
| Interest Income | $208M |
| Interest Expense | $71M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $10M |
| EBIT | $62M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $82M |
| Other Investing Activities | -$55M |
| NET CASH FROM INVESTING | $16M |
| Net Debt Issuance | -$193M |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | $178M |
| NET CASH FROM FINANCING | -$70M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $221M |
| Short-Term Investments | $1.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $193M |
| Goodwill | $985M |
| Intangible Assets | $17M |
| Long-Term Investments | $15.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $873M |
| TOTAL NON-CURRENT ASSETS | $17.8B |
| TOTAL ASSETS | $19.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.0B |
| TOTAL CURRENT LIABILITIES | $15.0B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $372M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $16.4B |
| Common Stock | $422.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$116M |
| Other Equity | -$3M |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $19.3B |
| Total Debt | $1.0B |
| Net Debt | $804M |
