| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $92M | $90M | $106M | 2.4% | -13.7% |
| Op. Income | $470.0K | -$1M | $6M | 144.7% | -91.8% |
| Gross Margin | 52.1% | 51.6% | 50.8% | 0.5pp | 1.4pp |
| Net Margin | 4.3% | 15.9% | 6.5% | -11.6pp | -2.2pp |
| EPS (Diluted) | $0.07 | $0.25 | $0.12 | -72.3% | -42.3% |
| Free Cash Flow | $12M | $10M | $13M | 14.2% | -7.5% |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $48M |
| R&D Expenses | $23M |
| Selling & Marketing | $16M |
| General & Administrative | $8M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $470.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $18.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $9M |
| EBIT | $470.0K |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $48M |
| R&D Expenses | $23M |
| Selling & Marketing | $16M |
| General & Administrative | $8M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $470.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $18.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $9M |
| EBIT | $470.0K |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$325.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $54M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$57.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56M |
| Short-Term Investments | $243M |
| Net Receivables | $12M |
| Inventory | $168M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $502M |
| PP&E (Net) | $160M |
| Goodwill | $92M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $30M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $303M |
| TOTAL ASSETS | $806M |
| Account Payables | $27M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $68M |
| Common Stock | $22.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $741M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $738M |
| Minority Interest | $0 |
| TOTAL EQUITY | $738M |
| TOTAL LIABILITIES & EQUITY | $806M |
| Total Debt | $0 |
| Net Debt | -$56M |
