| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $153M | $104M | $122M | 46.3% | 25.6% |
| Op. Income | $39M | $24M | $36M | 64.5% | 7.2% |
| Gross Margin | 57.9% | 66.5% | 71.6% | -8.6pp | -13.8pp |
| Net Margin | 20.0% | 18.8% | 23.1% | 1.2pp | -3.1pp |
| EPS (Diluted) | $1.57 | $1.00 | $1.42 | 57.0% | 10.6% |
| Free Cash Flow | $69M | $21M | $69M | 234.6% | 0.1% |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $30M |
| SG&A Expenses | $32M |
| Other Expenses | $17M |
| Operating Expenses | $50M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $39M |
| Interest Income | $131M |
| Interest Expense | $34M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $4M |
| EBIT | $39M |
| EBITDA | $43M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $30M |
| SG&A Expenses | $32M |
| Other Expenses | $17M |
| Operating Expenses | $50M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $39M |
| Interest Income | $131M |
| Interest Expense | $34M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $4M |
| EBIT | $39M |
| EBITDA | $43M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $461.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $26M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $54M |
| Other Investing Activities | -$80M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | -$110M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $354M |
| NET CASH FROM FINANCING | $236M |
| FREE CASH FLOW | $69M |
| Net Change in Cash | $230M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $546M |
| Short-Term Investments | $588M |
| Net Receivables | $87M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $67M |
| Goodwill | $41M |
| Intangible Assets | $0 |
| Long-Term Investments | $5.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $268M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $6.9B |
| Account Payables | $0 |
| Short-Term Debt | $85M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.4B |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $270M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $131M |
| TOTAL NON-CURRENT LIABILITIES | $435M |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $5M |
| Additional Paid-In Capital | $142M |
| Retained Earnings | $809M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $936M |
| Minority Interest | $0 |
| TOTAL EQUITY | $936M |
| TOTAL LIABILITIES & EQUITY | $6.9B |
| Total Debt | $389M |
| Net Debt | -$158M |
