| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $228M | $224M | $192M | 1.7% | 18.8% |
| Op. Income | $38M | $26M | $15M | 49.3% | 155.6% |
| Gross Margin | 85.1% | 83.8% | 85.9% | 1.3pp | -0.8pp |
| Net Margin | 12.7% | 12.0% | 4.1% | 0.7pp | 8.6pp |
| EPS (Diluted) | $0.08 | $0.07 | $0.02 | 7.6% | 275.0% |
| Free Cash Flow | $24M | $40M | -$5M | -40.4% | 537.4% |
| Item | Amount |
|---|---|
| REVENUE | $228M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $194M |
| R&D Expenses | $32M |
| Selling & Marketing | $50M |
| General & Administrative | $24M |
| SG&A Expenses | $74M |
| Other Expenses | $50M |
| Operating Expenses | $156M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $38M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $2M |
| EBIT | $43M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $228M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $194M |
| R&D Expenses | $32M |
| Selling & Marketing | $50M |
| General & Administrative | $24M |
| SG&A Expenses | $74M |
| Other Expenses | $50M |
| Operating Expenses | $156M |
| Cost & Expenses | $190M |
| OPERATING INCOME | $38M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $2M |
| EBIT | $43M |
| EBITDA | $45M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$694.0K |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$119M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | -$114M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$51M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$470M |
| NET CASH FROM FINANCING | -$521M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | -$597M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $587M |
| Short-Term Investments | $0 |
| Net Receivables | $68M |
| Inventory | $0 |
| Other Current Assets | $5.9B |
| TOTAL CURRENT ASSETS | $6.6B |
| PP&E (Net) | $37M |
| Goodwill | $20M |
| Intangible Assets | $83M |
| Long-Term Investments | $0 |
| Tax Assets | $17M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $179M |
| TOTAL ASSETS | $6.8B |
| Account Payables | $35M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5.9B |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $6.1B |
| Long-Term Debt | $14M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $34M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $74M |
| TOTAL LIABILITIES | $6.1B |
| Common Stock | $4M |
| Additional Paid-In Capital | $752M |
| Retained Earnings | $14M |
| Treasury Stock | -$108M |
| Accum. Other Comp. Income | -$149.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $662M |
| Minority Interest | $0 |
| TOTAL EQUITY | $662M |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $37M |
| Net Debt | -$550M |
