| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $36M | — | -8.4% | — |
| Op. Income | $22M | $687.0K | — | 3047.2% | — |
| Gross Margin | 78.0% | 73.3% | — | 4.7pp | — |
| Net Margin | 24.8% | -103.1% | — | 127.8pp | — |
| EPS (Diluted) | $0.06 | $-0.26 | — | 122.2% | — |
| Free Cash Flow | $27M | -$472.5K | — | 5851.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $26M |
| R&D Expenses | $738.8K |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $22M |
| Interest Income | $920.1K |
| Interest Expense | $3M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $6M |
| EBIT | $14M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $26M |
| R&D Expenses | $738.8K |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $22M |
| Interest Income | $920.1K |
| Interest Expense | $3M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $6M |
| EBIT | $14M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$367.4K |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$485.5K |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$2.2K |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$24M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $747.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $7M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $63M |
| PP&E (Net) | $1.1B |
| Goodwill | $81M |
| Intangible Assets | $0 |
| Long-Term Investments | $141M |
| Tax Assets | -$1.1B |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $111M |
| Deferred Revenue NC | -$76M |
| Deferred Tax Liabilities | $76M |
| Other Non-Current Liabilities | $76M |
| TOTAL NON-CURRENT LIABILITIES | $192M |
| TOTAL LIABILITIES | $204M |
| Common Stock | $1.5B |
| Additional Paid-In Capital | $56M |
| Retained Earnings | -$403M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $117M |
| Net Debt | $65M |
