| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | $1.7B | -9.9% | -12.4% |
| Op. Income | $600.0K | $151M | $157M | -99.6% | -99.6% |
| Gross Margin | 58.8% | 57.8% | 55.8% | 0.9pp | 3.0pp |
| Net Margin | -0.7% | 7.7% | 6.8% | -8.4pp | -7.5pp |
| EPS (Diluted) | $-0.03 | $0.32 | $0.29 | -108.3% | -109.2% |
| Free Cash Flow | $214M | $202M | -$272M | 5.9% | 178.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $610M |
| GROSS PROFIT | $870M |
| R&D Expenses | $0 |
| Selling & Marketing | $506M |
| General & Administrative | $251M |
| SG&A Expenses | $756M |
| Other Expenses | $113M |
| Operating Expenses | $869M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $600.0K |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$12M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | -$800.0K |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $45M |
| EBIT | -$2M |
| EBITDA | $43M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$33M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $257M |
| OPERATING CASH FLOW | $286M |
| Capital Expenditure | -$72M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | -$72M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$48M |
| Other Financing Activities | -$22M |
| NET CASH FROM FINANCING | -$95M |
| FREE CASH FLOW | $214M |
| Net Change in Cash | $118M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $517M |
| Short-Term Investments | $0 |
| Net Receivables | $662M |
| Inventory | $1.2B |
| Other Current Assets | $196M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $1.7B |
| Goodwill | $296M |
| Intangible Assets | $266M |
| Long-Term Investments | $0 |
| Tax Assets | $762M |
| Other Non-Current Assets | $417M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $498M |
| Short-Term Debt | $4M |
| Deferred Revenue | $50M |
| Other Current Liabilities | $269M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $311M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $692M |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$383M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $2.2B |
| Net Debt | $1.6B |
