| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $161M | $167M | $176M | -3.5% | -8.4% |
| Op. Income | $21M | $23M | $25M | -9.8% | -14.3% |
| Gross Margin | 30.9% | 31.4% | 30.1% | -0.5pp | 0.8pp |
| Net Margin | 9.3% | 11.5% | 10.3% | -2.2pp | -1.0pp |
| EPS (Diluted) | $1.36 | $1.74 | $1.65 | -21.8% | -17.6% |
| Free Cash Flow | $15M | $55M | $884.0K | -72.9% | 1589.0% |
| Item | Amount |
|---|---|
| REVENUE | $161M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $50M |
| R&D Expenses | $4M |
| Selling & Marketing | $10M |
| General & Administrative | $15M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $140M |
| OPERATING INCOME | $21M |
| Interest Income | $1M |
| Interest Expense | $877.0K |
| Other Income/Expenses | -$79.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $5M |
| EBIT | $22M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $161M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $50M |
| R&D Expenses | $4M |
| Selling & Marketing | $10M |
| General & Administrative | $15M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $140M |
| OPERATING INCOME | $21M |
| Interest Income | $1M |
| Interest Expense | $877.0K |
| Other Income/Expenses | -$79.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $5M |
| EBIT | $22M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $223.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$593.0K |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $159M |
| Short-Term Investments | $16M |
| Net Receivables | $143M |
| Inventory | $164M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $501M |
| PP&E (Net) | $121M |
| Goodwill | $84M |
| Intangible Assets | $27M |
| Long-Term Investments | $0 |
| Tax Assets | $13M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $263M |
| TOTAL ASSETS | $764M |
| Account Payables | $52M |
| Short-Term Debt | $227.0K |
| Deferred Revenue | $22M |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $142M |
| Long-Term Debt | $115M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $695.0K |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $155M |
| TOTAL LIABILITIES | $297M |
| Common Stock | $19M |
| Additional Paid-In Capital | $99M |
| Retained Earnings | $647M |
| Treasury Stock | -$277M |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $467M |
| Minority Interest | $0 |
| TOTAL EQUITY | $467M |
| TOTAL LIABILITIES & EQUITY | $764M |
| Total Debt | $137M |
| Net Debt | -$23M |
