| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33M | $38M | $10M | -12.7% | 220.7% |
| Op. Income | $23M | $28M | -$361.0K | -20.1% | 6366.8% |
| Gross Margin | 73.0% | 77.4% | 4.7% | -4.4pp | 68.3pp |
| Net Margin | 67.7% | 73.8% | -15.7% | -6.1pp | 83.4pp |
| EPS (Diluted) | $0.38 | $0.48 | $-0.04 | -20.8% | 1164.4% |
| Free Cash Flow | -$182M | $28M | $6M | -755.9% | -2998.2% |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $23M |
| Interest Income | $32M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $154.0K |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $0 |
| EBIT | $23M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $33M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $23M |
| Interest Income | $32M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $154.0K |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $0 |
| EBIT | $23M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$203M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$182M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $175M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $157M |
| FREE CASH FLOW | -$182M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $88M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$6M |
| TOTAL CURRENT LIABILITIES | $28M |
| Long-Term Debt | $671M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $673M |
| TOTAL LIABILITIES | $701M |
| Common Stock | $59.0K |
| Additional Paid-In Capital | $765M |
| Retained Earnings | -$107M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $658M |
| Minority Interest | $0 |
| TOTAL EQUITY | $658M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $671M |
| Net Debt | $595M |
