| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $58M | $28M | 8.0% | 125.3% |
| Op. Income | $22M | $18M | $12M | 21.0% | 88.8% |
| Gross Margin | 59.0% | 58.7% | 85.4% | 0.3pp | -26.4pp |
| Net Margin | 24.1% | 20.8% | 29.7% | 3.4pp | -5.6pp |
| EPS (Diluted) | $2.01 | $1.61 | $1.12 | 24.8% | 79.5% |
| Free Cash Flow | -$6M | $13M | $3M | -143.0% | -313.1% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $261.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $4M |
| Operating Expenses | $15M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $22M |
| Interest Income | $63M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $7M |
| 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 | $796.0K |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $261.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $4M |
| Operating Expenses | $15M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $22M |
| Interest Income | $63M |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $7M |
| 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 | $796.0K |
| EBIT | $22M |
| EBITDA | $23M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $796.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$58.0K |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | $20M |
| Net Debt Issuance | -$38M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$75.0K |
| Other Financing Activities | $29M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $205M |
| Short-Term Investments | $53M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $258M |
| PP&E (Net) | $29M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $2.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $79M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $0 |
| Short-Term Debt | $228M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $297M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $370M |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $8M |
| Additional Paid-In Capital | $43M |
| Retained Earnings | $261M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$568.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $312M |
| Minority Interest | $0 |
| TOTAL EQUITY | $312M |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $546M |
| Net Debt | $342M |
