| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $148M | $149M | $127M | -0.8% | 16.7% |
| Op. Income | $39M | $39M | $50M | -0.0% | -22.8% |
| Gross Margin | 67.8% | 66.7% | 84.6% | 1.1pp | -16.8pp |
| Net Margin | 21.2% | 22.2% | 31.8% | -1.0pp | -10.6pp |
| EPS (Diluted) | $0.82 | $0.87 | $1.06 | -5.7% | -22.6% |
| Free Cash Flow | $24M | $32M | -$25M | -24.6% | 196.0% |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $962.0K |
| General & Administrative | $38M |
| SG&A Expenses | $39M |
| Other Expenses | $23M |
| Operating Expenses | $61M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $39M |
| Interest Income | $131M |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $6M |
| EBIT | $39M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $962.0K |
| General & Administrative | $38M |
| SG&A Expenses | $39M |
| Other Expenses | $23M |
| Operating Expenses | $61M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $39M |
| Interest Income | $131M |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $6M |
| EBIT | $39M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$117M |
| Sales/Maturities of Investments | $87M |
| Other Investing Activities | $129M |
| NET CASH FROM INVESTING | $94M |
| Net Debt Issuance | -$340M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $327M |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $101M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $293M |
| Short-Term Investments | $686M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $979M |
| PP&E (Net) | $169M |
| Goodwill | $306M |
| Intangible Assets | $64M |
| Long-Term Investments | $8.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $345M |
| TOTAL NON-CURRENT ASSETS | $9.0B |
| TOTAL ASSETS | $10.0B |
| Account Payables | $0 |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.5B |
| TOTAL CURRENT LIABILITIES | $8.5B |
| Long-Term Debt | $54M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $144M |
| TOTAL NON-CURRENT LIABILITIES | $198M |
| TOTAL LIABILITIES | $8.7B |
| Common Stock | $515.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $454M |
| Treasury Stock | -$306M |
| Accum. Other Comp. Income | -$80M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $10.0B |
| Total Debt | $74M |
| Net Debt | -$219M |
