| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $205M | $205M | $183M | -0.1% | 12.0% |
| Op. Income | $10M | $11M | -$24M | -11.1% | 140.5% |
| Gross Margin | 70.3% | 70.9% | 69.4% | -0.6pp | 0.8pp |
| Net Margin | 0.7% | 9.8% | -14.1% | -9.1pp | 14.8pp |
| EPS (Diluted) | $0.02 | $0.27 | $-0.43 | -92.6% | 104.7% |
| Free Cash Flow | $30M | $63M | $4M | -51.7% | 756.1% |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $144M |
| R&D Expenses | $41M |
| Selling & Marketing | $71M |
| General & Administrative | $19M |
| SG&A Expenses | $91M |
| Other Expenses | $2M |
| Operating Expenses | $134M |
| Cost & Expenses | $195M |
| OPERATING INCOME | $10M |
| Interest Income | $5M |
| Interest Expense | $3M |
| Other Income/Expenses | $615.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $11M |
| EBIT | $13M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $144M |
| R&D Expenses | $41M |
| Selling & Marketing | $71M |
| General & Administrative | $19M |
| SG&A Expenses | $91M |
| Other Expenses | $2M |
| Operating Expenses | $134M |
| Cost & Expenses | $195M |
| OPERATING INCOME | $10M |
| Interest Income | $5M |
| Interest Expense | $3M |
| Other Income/Expenses | $615.0K |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $11M |
| EBIT | $13M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $850.0K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$620.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$93M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $199M |
| Short-Term Investments | $213M |
| Net Receivables | $125M |
| Inventory | $0 |
| Other Current Assets | $90M |
| TOTAL CURRENT ASSETS | $626M |
| PP&E (Net) | $90M |
| Goodwill | $536M |
| Intangible Assets | $89M |
| Long-Term Investments | $52M |
| Tax Assets | $0 |
| Other Non-Current Assets | $95M |
| TOTAL NON-CURRENT ASSETS | $863M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $438M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $524M |
| Long-Term Debt | $931M |
| Deferred Revenue NC | $29M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $623.0K |
| Additional Paid-In Capital | $926M |
| Retained Earnings | -$1.0B |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$221.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$86M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$86M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $1.0B |
| Net Debt | $824M |
