| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $216M | $234M | $164M | -7.8% | 31.5% |
| Op. Income | $46M | $34M | $51M | 36.4% | -9.4% |
| Gross Margin | 54.8% | 47.7% | 75.6% | 7.1pp | -20.8pp |
| Net Margin | 18.5% | 23.0% | 24.9% | -4.5pp | -6.4pp |
| EPS (Diluted) | $0.75 | $1.01 | $0.76 | -25.0% | -1.3% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $216M |
| Cost of Revenue | $97M |
| GROSS PROFIT | $118M |
| R&D Expenses | $12M |
| Selling & Marketing | $53M |
| General & Administrative | $7M |
| SG&A Expenses | $59M |
| Other Expenses | $382.4K |
| Operating Expenses | $72M |
| Cost & Expenses | $169M |
| OPERATING INCOME | $46M |
| Interest Income | $280.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $365.7K |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $345.6K |
| EBIT | $46M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $216M |
| Cost of Revenue | $97M |
| GROSS PROFIT | $118M |
| R&D Expenses | $12M |
| Selling & Marketing | $53M |
| General & Administrative | $7M |
| SG&A Expenses | $59M |
| Other Expenses | $382.4K |
| Operating Expenses | $72M |
| Cost & Expenses | $169M |
| OPERATING INCOME | $46M |
| Interest Income | $280.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $365.7K |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $345.6K |
| EBIT | $46M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$40M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $0 |
| Net Receivables | $320M |
| Inventory | $355.8K |
| Other Current Assets | $125M |
| TOTAL CURRENT ASSETS | $714M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $15M |
| Tax Assets | $11M |
| Other Non-Current Assets | $260.2K |
| TOTAL NON-CURRENT ASSETS | $40M |
| TOTAL ASSETS | $754M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $84M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $293M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $173M |
| TOTAL NON-CURRENT LIABILITIES | $180M |
| TOTAL LIABILITIES | $389M |
| Common Stock | $365M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $245.5K |
| TOTAL STOCKHOLDERS' EQUITY | $365M |
| Minority Interest | $0 |
| TOTAL EQUITY | $365M |
| TOTAL LIABILITIES & EQUITY | $754M |
| Total Debt | $7M |
| Net Debt | -$76M |
