| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $188M | $183M | — | 2.3% | — |
| Op. Income | $64M | $64M | — | 0.5% | — |
| Gross Margin | 79.2% | 80.0% | — | -0.9pp | — |
| Net Margin | 19.5% | 22.8% | — | -3.2pp | — |
| EPS (Diluted) | $0.20 | $0.23 | — | -13.0% | — |
| Free Cash Flow | $75M | $60M | — | 24.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $188M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $148M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $71M |
| Operating Expenses | $84M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $64M |
| Interest Income | $11.0K |
| Interest Expense | $25M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $71M |
| EBIT | $63M |
| EBITDA | $134M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $188M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $148M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $71M |
| Operating Expenses | $84M |
| Cost & Expenses | $123M |
| OPERATING INCOME | $64M |
| Interest Income | $11.0K |
| Interest Expense | $25M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $71M |
| EBIT | $63M |
| EBITDA | $134M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $71M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$68M |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | $33M |
| Common Stock Repurchased | -$137.0K |
| Common Dividends Paid | -$69M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $129M |
| Inventory | $0 |
| Other Current Assets | $85M |
| TOTAL CURRENT ASSETS | $226M |
| PP&E (Net) | $29M |
| Goodwill | $0 |
| Intangible Assets | $422M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.6B |
| TOTAL NON-CURRENT ASSETS | $6.1B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $80M |
| Short-Term Debt | $435M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $538M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $46M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | -$980M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $72M |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $2.7B |
| Net Debt | $2.7B |
