| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $35M | $22M | 21.4% | 91.1% |
| Op. Income | $14M | $5M | $1M | 206.7% | 936.2% |
| Gross Margin | 40.2% | 34.7% | 20.1% | 5.5pp | 20.1pp |
| Net Margin | 26.7% | 16.8% | 6.4% | 9.8pp | 20.3pp |
| EPS (Diluted) | $4.41 | $2.27 | $0.53 | 94.3% | 732.1% |
| Free Cash Flow | -$11M | -$8M | $488.0K | -29.4% | -2332.2% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $14M |
| Interest Income | $138.0K |
| Interest Expense | $215.0K |
| Other Income/Expenses | $354.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $10M |
| EBIT | $15M |
| EBITDA | $25M |
| EPS | $6 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $14M |
| Interest Income | $138.0K |
| Interest Expense | $215.0K |
| Other Income/Expenses | $354.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $10M |
| EBIT | $15M |
| EBITDA | $25M |
| EPS | $6 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$431.0K |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$54M |
| Acquisitions (Net) | $431.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $30M |
| Inventory | $0 |
| Other Current Assets | $829.0K |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $300M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $56M |
| Other Non-Current Assets | -$54M |
| TOTAL NON-CURRENT ASSETS | $301M |
| TOTAL ASSETS | $333M |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $88M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $56M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $75M |
| TOTAL LIABILITIES | $163M |
| Common Stock | $281.0K |
| Additional Paid-In Capital | $8M |
| Retained Earnings | $217M |
| Treasury Stock | -$55M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $169M |
| Minority Interest | $0 |
| TOTAL EQUITY | $169M |
| TOTAL LIABILITIES & EQUITY | $333M |
| Total Debt | $8M |
| Net Debt | $6M |
