| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $146M | $145M | $131M | 0.9% | 11.6% |
| Op. Income | $45M | $41M | $35M | 7.9% | 27.2% |
| Gross Margin | 81.3% | 81.2% | 79.4% | 0.1pp | 2.0pp |
| Net Margin | 27.2% | 28.1% | 22.3% | -0.8pp | 5.0pp |
| EPS (Diluted) | $1.05 | $1.08 | $0.77 | -2.8% | 36.4% |
| Free Cash Flow | $83M | $32M | $63M | 158.2% | 32.9% |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $119M |
| R&D Expenses | $28M |
| Selling & Marketing | $29M |
| General & Administrative | $17M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $45M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $5M |
| EBIT | $45M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $119M |
| R&D Expenses | $28M |
| Selling & Marketing | $29M |
| General & Administrative | $17M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $45M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $5M |
| EBIT | $45M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$61M |
| Sales/Maturities of Investments | $71M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $83M |
| Net Change in Cash | $69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $274M |
| Short-Term Investments | $180M |
| Net Receivables | $116M |
| Inventory | $0 |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $605M |
| PP&E (Net) | $62M |
| Goodwill | $7M |
| Intangible Assets | $9M |
| Long-Term Investments | $90M |
| Tax Assets | $67M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $256M |
| TOTAL ASSETS | $862M |
| Account Payables | $645.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $332M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $391M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $67M |
| TOTAL LIABILITIES | $458M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $611M |
| Retained Earnings | -$206M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $404M |
| Minority Interest | $0 |
| TOTAL EQUITY | $404M |
| TOTAL LIABILITIES & EQUITY | $862M |
| Total Debt | $38M |
| Net Debt | -$236M |
