| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $185M | $183M | $166M | 0.8% | 11.4% |
| Op. Income | $43M | $40M | $55M | 8.1% | -21.9% |
| Gross Margin | 62.2% | 63.1% | 74.7% | -0.9pp | -12.5pp |
| Net Margin | 17.4% | 14.9% | 24.5% | 2.5pp | -7.1pp |
| EPS (Diluted) | $0.43 | $0.36 | $0.54 | 19.4% | -20.4% |
| Free Cash Flow | $41M | $45M | $57M | -8.6% | -28.9% |
| Item | Amount |
|---|---|
| REVENUE | $185M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $966.0K |
| General & Administrative | $42M |
| SG&A Expenses | $43M |
| Other Expenses | $29M |
| Operating Expenses | $72M |
| Cost & Expenses | $142M |
| OPERATING INCOME | $43M |
| Interest Income | $164M |
| Interest Expense | $70M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $5M |
| EBIT | $43M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $185M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $966.0K |
| General & Administrative | $42M |
| SG&A Expenses | $43M |
| Other Expenses | $29M |
| Operating Expenses | $72M |
| Cost & Expenses | $142M |
| OPERATING INCOME | $43M |
| Interest Income | $164M |
| Interest Expense | $70M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $5M |
| EBIT | $43M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $917.0K |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$536.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | $37M |
| NET CASH FROM INVESTING | $55M |
| Net Debt Issuance | $88M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$18M |
| Other Financing Activities | -$187M |
| NET CASH FROM FINANCING | -$118M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $158M |
| Short-Term Investments | $1.7B |
| Net Receivables | $59M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $69M |
| Goodwill | $0 |
| Intangible Assets | $457M |
| Long-Term Investments | $11.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $629M |
| TOTAL NON-CURRENT ASSETS | $12.2B |
| TOTAL ASSETS | $14.1B |
| Account Payables | $0 |
| Short-Term Debt | $89M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.1B |
| TOTAL CURRENT LIABILITIES | $10.2B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $774M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $12.4B |
| Common Stock | $832.0K |
| Additional Paid-In Capital | $991M |
| Retained Earnings | $988M |
| Treasury Stock | -$129M |
| Accum. Other Comp. Income | -$152M |
| Other Equity | -$4M |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $14.1B |
| Total Debt | $1.5B |
| Net Debt | $1.4B |
