| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $167M | $163M | $160M | 2.1% | 3.9% |
| Op. Income | $58M | $54M | $102M | 6.7% | -43.4% |
| Gross Margin | 67.6% | 69.5% | 70.3% | -1.9pp | -2.7pp |
| Net Margin | 15.7% | 10.5% | -5.9% | 5.2pp | 21.7pp |
| EPS (Diluted) | $0.11 | $0.07 | $-0.04 | 49.5% | 368.3% |
| Free Cash Flow | $53M | $79M | $68M | -32.9% | -22.7% |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $113M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $43M |
| Operating Expenses | $55M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $58M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $453.0K |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $43M |
| EBIT | $55M |
| EBITDA | $98M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $167M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $113M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $43M |
| Operating Expenses | $55M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $58M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $453.0K |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $43M |
| EBIT | $55M |
| EBITDA | $98M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$188.0K |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $617.0K |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $52M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$69M |
| Other Financing Activities | -$80.0K |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $0 |
| Net Receivables | $148M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $214M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $192M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.9B |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $0 |
| Short-Term Debt | $146M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $113M |
| TOTAL CURRENT LIABILITIES | $259M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | -$1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $2.5B |
| Net Debt | $2.4B |
