| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $221M | $198M | $170M | 11.3% | 29.8% |
| Op. Income | $22M | $17M | $4M | 26.4% | 511.9% |
| Gross Margin | 46.2% | 46.5% | 48.0% | -0.3pp | -1.8pp |
| Net Margin | 12.5% | 8.2% | 0.2% | 4.3pp | 12.3pp |
| EPS (Diluted) | $0.60 | $0.36 | $0.01 | 66.7% | 5900.0% |
| Free Cash Flow | $69M | $149M | $148M | -53.4% | -53.2% |
| Item | Amount |
|---|---|
| REVENUE | $221M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $50M |
| SG&A Expenses | $54M |
| Other Expenses | $26M |
| Operating Expenses | $80M |
| Cost & Expenses | $198M |
| OPERATING INCOME | $22M |
| Interest Income | $192M |
| Interest Expense | $102M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $5M |
| EBIT | $22M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $221M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $102M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $50M |
| SG&A Expenses | $54M |
| Other Expenses | $26M |
| Operating Expenses | $80M |
| Cost & Expenses | $198M |
| OPERATING INCOME | $22M |
| Interest Income | $192M |
| Interest Expense | $102M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $5M |
| EBIT | $22M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $59M |
| Change in Working Capital | $346.0K |
| OPERATING CASH FLOW | $91M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$51M |
| Sales/Maturities of Investments | $44M |
| Other Investing Activities | -$250M |
| NET CASH FROM INVESTING | -$279M |
| Net Debt Issuance | $97M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $107M |
| NET CASH FROM FINANCING | $203M |
| FREE CASH FLOW | $69M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $598M |
| Short-Term Investments | $1.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $258M |
| Goodwill | $32M |
| Intangible Assets | $1M |
| Long-Term Investments | $9.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $445M |
| TOTAL NON-CURRENT ASSETS | $9.8B |
| TOTAL ASSETS | $11.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.4B |
| TOTAL CURRENT LIABILITIES | $10.4B |
| Long-Term Debt | $120M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $194M |
| TOTAL LIABILITIES | $10.6B |
| Common Stock | $350M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $669M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$91M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $928M |
| Minority Interest | $0 |
| TOTAL EQUITY | $928M |
| TOTAL LIABILITIES & EQUITY | $11.5B |
| Total Debt | $120M |
| Net Debt | -$477M |
