| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $201M | $203M | $165M | -0.8% | 21.8% |
| Op. Income | $68M | $68M | $65M | -0.8% | 4.3% |
| Gross Margin | 73.0% | 74.2% | 86.4% | -1.2pp | -13.4pp |
| Net Margin | 24.7% | 23.0% | 28.0% | 1.7pp | -3.3pp |
| EPS (Diluted) | $1.05 | $0.98 | $0.96 | 7.1% | 9.4% |
| Free Cash Flow | $55M | $101M | $49M | -45.9% | 11.7% |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $147M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $43M |
| SG&A Expenses | $45M |
| Other Expenses | $34M |
| Operating Expenses | $79M |
| Cost & Expenses | $133M |
| OPERATING INCOME | $68M |
| Interest Income | $183M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $7M |
| EBIT | $68M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $147M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $43M |
| SG&A Expenses | $45M |
| Other Expenses | $34M |
| Operating Expenses | $79M |
| Cost & Expenses | $133M |
| OPERATING INCOME | $68M |
| Interest Income | $183M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $7M |
| EBIT | $68M |
| EBITDA | $75M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $61M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $210M |
| Other Investing Activities | -$38M |
| NET CASH FROM INVESTING | $164M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$208M |
| NET CASH FROM FINANCING | -$218M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $754M |
| Short-Term Investments | $1.9B |
| Net Receivables | $72M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $127M |
| Goodwill | $84M |
| Intangible Assets | $69M |
| Long-Term Investments | $8.0B |
| Tax Assets | $4M |
| Other Non-Current Assets | $93M |
| TOTAL NON-CURRENT ASSETS | $8.4B |
| TOTAL ASSETS | $11.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.5B |
| TOTAL CURRENT LIABILITIES | $9.5B |
| Long-Term Debt | $200M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $148M |
| TOTAL NON-CURRENT LIABILITIES | $395M |
| TOTAL LIABILITIES | $9.9B |
| Common Stock | $60M |
| Additional Paid-In Capital | $636M |
| Retained Earnings | $672M |
| Treasury Stock | -$227M |
| Accum. Other Comp. Income | $74M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $11.2B |
| Total Debt | $224M |
| Net Debt | -$530M |
