| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $114M | $108M | $100M | 4.9% | 14.0% |
| Op. Income | $20M | $22M | $14M | -6.1% | 43.1% |
| Gross Margin | 83.9% | 83.7% | 83.8% | 0.2pp | 0.2pp |
| Net Margin | 6.6% | 8.6% | 3.5% | -2.1pp | 3.0pp |
| EPS (Diluted) | $0.04 | $0.05 | $0.02 | -20.6% | 106.2% |
| Free Cash Flow | -$943.0K | $26M | $5M | -103.6% | -118.8% |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $95M |
| R&D Expenses | $22M |
| Selling & Marketing | $36M |
| General & Administrative | $17M |
| SG&A Expenses | $53M |
| Other Expenses | $14.0K |
| Operating Expenses | $75M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $6M |
| EBIT | $21M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $95M |
| R&D Expenses | $22M |
| Selling & Marketing | $36M |
| General & Administrative | $17M |
| SG&A Expenses | $53M |
| Other Expenses | $14.0K |
| Operating Expenses | $75M |
| Cost & Expenses | $93M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $6M |
| EBIT | $21M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$6.0K |
| Other Non-Cash Items | -$121.0K |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$875.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | -$943.0K |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $139M |
| Short-Term Investments | $0 |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $222M |
| PP&E (Net) | $66M |
| Goodwill | $830M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $928M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $4M |
| Short-Term Debt | $4M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $331M |
| Deferred Revenue NC | $217.0K |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $367M |
| TOTAL LIABILITIES | $441M |
| Common Stock | $185.0K |
| Additional Paid-In Capital | $667M |
| Retained Earnings | $48M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $709M |
| Minority Interest | $0 |
| TOTAL EQUITY | $709M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $372M |
| Net Debt | $233M |
