| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $261M | $19M | $188M | 1280.3% | 39.0% |
| Op. Income | $230M | -$13M | $162M | 1919.8% | 41.4% |
| Gross Margin | 100.0% | 916.4% | 0.1% | -816.4pp | 99.9pp |
| Net Margin | 87.2% | -67.8% | 86.0% | 155.0pp | 1.2pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | $115M | $48M | $141M | 139.6% | -18.3% |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $192M |
| GROSS PROFIT | $261M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $16M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $230M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $229M |
| Income Tax Expense | $328.0K |
| Net Income from Continuing Ops | $228M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $228M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | -$230M |
| EBIT | $459M |
| EBITDA | -$2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $192M |
| GROSS PROFIT | $261M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $16M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $230M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $229M |
| Income Tax Expense | $328.0K |
| Net Income from Continuing Ops | $228M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $228M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | -$230M |
| EBIT | $459M |
| EBITDA | -$2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $228M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$110M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $116M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$512M |
| NET CASH FROM INVESTING | -$513M |
| Net Debt Issuance | -$179M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $578M |
| NET CASH FROM FINANCING | $398M |
| FREE CASH FLOW | $115M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $200M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $200M |
| PP&E (Net) | $86M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $34.4B |
| TOTAL NON-CURRENT ASSETS | $34.5B |
| TOTAL ASSETS | $34.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $37M |
| Other Current Liabilities | $237M |
| TOTAL CURRENT LIABILITIES | $275M |
| Long-Term Debt | $24.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.6B |
| TOTAL NON-CURRENT LIABILITIES | $31.9B |
| TOTAL LIABILITIES | $31.9B |
| Common Stock | $969.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $31M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $34.7B |
| Total Debt | $24.4B |
| Net Debt | $24.2B |
