| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | $108M | $90M | -4.2% | 15.8% |
| Op. Income | $28M | $36M | $28M | -22.9% | -0.9% |
| Gross Margin | 56.4% | 60.6% | 64.2% | -4.1pp | -7.8pp |
| Net Margin | 22.6% | 27.4% | 27.1% | -4.8pp | -4.5pp |
| EPS (Diluted) | $0.91 | $1.15 | $0.94 | -20.9% | -3.2% |
| Free Cash Flow | $23M | $26M | $25M | -8.9% | -8.0% |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $13M |
| Operating Expenses | $31M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $28M |
| Interest Income | $91M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $2M |
| EBIT | $28M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $13M |
| Operating Expenses | $31M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $28M |
| Interest Income | $91M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $2M |
| EBIT | $28M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $880.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $832.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | -$81M |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | $150M |
| Common Stock Repurchased | -$208.0K |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$105M |
| NET CASH FROM FINANCING | $33M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $148M |
| Short-Term Investments | $1.0B |
| Net Receivables | $31M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $58M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $5.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $255M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.6B |
| TOTAL CURRENT LIABILITIES | $5.6B |
| Long-Term Debt | $200M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $87M |
| TOTAL NON-CURRENT LIABILITIES | $287M |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $126M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $703M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$167M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $647M |
| Minority Interest | $89.0K |
| TOTAL EQUITY | $647M |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $200M |
| Net Debt | $52M |
