| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $144M | $142M | $135M | 1.9% | 6.6% |
| Op. Income | $20M | -$10M | $12M | 309.1% | 71.8% |
| Gross Margin | 55.7% | 39.0% | 52.4% | 16.7pp | 3.3pp |
| Net Margin | 10.5% | -5.3% | 6.4% | 15.9pp | 4.1pp |
| EPS (Diluted) | $1.56 | $-0.80 | $0.90 | 295.0% | 73.3% |
| Free Cash Flow | $55M | $64M | $51M | -14.4% | 7.5% |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $50M |
| SG&A Expenses | $54M |
| Other Expenses | $6M |
| Operating Expenses | $60M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $20M |
| Interest Income | $129M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $3M |
| EBIT | $20M |
| EBITDA | $23M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $50M |
| SG&A Expenses | $54M |
| Other Expenses | $6M |
| Operating Expenses | $60M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $20M |
| Interest Income | $129M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $3M |
| EBIT | $20M |
| EBITDA | $23M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $108.0K |
| Other Non-Cash Items | $43M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$41M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$253.0K |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $118M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $47M |
| Goodwill | $0 |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $123M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $124M |
| Retained Earnings | $362M |
| Treasury Stock | -$150M |
| Accum. Other Comp. Income | -$219.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $336M |
| Minority Interest | $0 |
| TOTAL EQUITY | $336M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $1.4B |
| Net Debt | $1.4B |
