| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $142M | $134M | $132M | 5.6% | 7.3% |
| Op. Income | $37M | $34M | $36M | 10.6% | 4.1% |
| Gross Margin | 58.7% | 55.1% | 58.4% | 3.6pp | 0.3pp |
| Net Margin | 26.0% | 28.4% | 26.2% | -2.4pp | -0.2pp |
| EPS (Diluted) | $1.15 | $1.19 | $1.09 | -3.4% | 5.5% |
| Free Cash Flow | $57M | $21M | $20M | 170.7% | 179.0% |
| Item | Amount |
|---|---|
| REVENUE | $142M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $83M |
| R&D Expenses | $25M |
| Selling & Marketing | $16M |
| General & Administrative | $5M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $37M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $4M |
| EBIT | $37M |
| EBITDA | $42M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $142M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $83M |
| R&D Expenses | $25M |
| Selling & Marketing | $16M |
| General & Administrative | $5M |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $37M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $4M |
| EBIT | $37M |
| EBITDA | $42M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$69.0K |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$103M |
| Sales/Maturities of Investments | $57M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $57M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $118M |
| Short-Term Investments | $377M |
| Net Receivables | $99M |
| Inventory | $148M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $763M |
| PP&E (Net) | $108M |
| Goodwill | $49M |
| Intangible Assets | $37M |
| Long-Term Investments | $203M |
| Tax Assets | $24M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $426M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $39M |
| Short-Term Debt | $198M |
| Deferred Revenue | $47M |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $338M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $59M |
| TOTAL LIABILITIES | $398M |
| Common Stock | $792M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $792M |
| Minority Interest | $0 |
| TOTAL EQUITY | $792M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $243M |
| Net Debt | $125M |
