| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $234M | $234M | $253M | -0.0% | -7.3% |
| Op. Income | $25M | $22M | $22M | 14.2% | 9.7% |
| Gross Margin | 24.4% | 23.4% | 20.0% | 1.0pp | 4.3pp |
| Net Margin | 7.5% | 6.3% | 6.2% | 1.2pp | 1.4pp |
| EPS (Diluted) | $1.51 | $1.26 | $1.34 | 19.8% | 12.7% |
| Free Cash Flow | $16M | $47M | $25M | -66.3% | -35.7% |
| Item | Amount |
|---|---|
| REVENUE | $234M |
| Cost of Revenue | $177M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $22M |
| General & Administrative | $11M |
| SG&A Expenses | $33M |
| Other Expenses | -$356.0K |
| Operating Expenses | $32M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $227.0K |
| Other Income/Expenses | -$933.0K |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $6M |
| EBIT | $24M |
| EBITDA | $30M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $234M |
| Cost of Revenue | $177M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $22M |
| General & Administrative | $11M |
| SG&A Expenses | $33M |
| Other Expenses | -$356.0K |
| Operating Expenses | $32M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $25M |
| Interest Income | $0 |
| Interest Expense | $227.0K |
| Other Income/Expenses | -$933.0K |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $6M |
| EBIT | $24M |
| EBITDA | $30M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $747.0K |
| Deferred Income Tax | $131.0K |
| Other Non-Cash Items | -$99.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$53.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $838.0K |
| Short-Term Investments | $0 |
| Net Receivables | $68M |
| Inventory | $175M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $252M |
| PP&E (Net) | $130M |
| Goodwill | $12M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $173M |
| TOTAL ASSETS | $425M |
| Account Payables | $52M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $89M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $48M |
| TOTAL LIABILITIES | $137M |
| Common Stock | $117.0K |
| Additional Paid-In Capital | $133M |
| Retained Earnings | $156M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | -$204.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $287M |
| Minority Interest | $0 |
| TOTAL EQUITY | $287M |
| TOTAL LIABILITIES & EQUITY | $425M |
| Total Debt | $19M |
| Net Debt | $19M |
