| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $139M | $135M | $118M | 3.0% | 17.7% |
| Op. Income | $38M | $37M | $40M | 3.7% | -6.3% |
| Gross Margin | 62.5% | 66.5% | 76.3% | -4.0pp | -13.8pp |
| Net Margin | 21.2% | 21.1% | 26.4% | 0.1pp | -5.2pp |
| EPS (Diluted) | $1.19 | $1.16 | $1.25 | 2.6% | -4.8% |
| Free Cash Flow | $41M | $41M | $46M | 1.5% | -10.1% |
| Item | Amount |
|---|---|
| REVENUE | $139M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $31M |
| SG&A Expenses | $33M |
| Other Expenses | $16M |
| Operating Expenses | $49M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $38M |
| Interest Income | $116M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $3M |
| EBIT | $38M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $139M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $31M |
| SG&A Expenses | $33M |
| Other Expenses | $16M |
| Operating Expenses | $49M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $38M |
| Interest Income | $116M |
| Interest Expense | $45M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $3M |
| EBIT | $38M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$764.0K |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$575.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | $56M |
| Other Investing Activities | -$58M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$74M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $1.6B |
| Net Receivables | $31M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $84M |
| Goodwill | $84M |
| Intangible Assets | $4M |
| Long-Term Investments | $6.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $242M |
| TOTAL NON-CURRENT ASSETS | $7.0B |
| TOTAL ASSETS | $8.7B |
| Account Payables | $0 |
| Short-Term Debt | $250M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.1B |
| TOTAL CURRENT LIABILITIES | $7.3B |
| Long-Term Debt | $98M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $183M |
| TOTAL NON-CURRENT LIABILITIES | $281M |
| TOTAL LIABILITIES | $7.6B |
| Common Stock | $437M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $812M |
| Treasury Stock | -$130M |
| Accum. Other Comp. Income | -$109M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $72M |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $8.7B |
| Total Debt | $348M |
| Net Debt | $306M |
