| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $144M | $164M | $154M | -12.6% | -6.6% |
| Op. Income | -$3M | -$996.0K | $5M | -216.6% | -160.9% |
| Gross Margin | 88.6% | 88.1% | 84.7% | 0.6pp | 3.9pp |
| Net Margin | 0.1% | 0.7% | 11.0% | -0.6pp | -10.9pp |
| EPS (Diluted) | $0.00 | $0.02 | $0.29 | -90.6% | -99.3% |
| Free Cash Flow | $38M | $45M | $49M | -15.2% | -21.9% |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $127M |
| R&D Expenses | $25M |
| Selling & Marketing | $60M |
| General & Administrative | $27M |
| SG&A Expenses | $87M |
| Other Expenses | $19M |
| Operating Expenses | $130M |
| Cost & Expenses | $147M |
| OPERATING INCOME | -$3M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $243.0K |
| Income Tax Expense | $119.0K |
| Net Income from Continuing Ops | $124.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124.0K |
| D&A | $21M |
| EBIT | -$4M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $124.0K |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$248.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$194M |
| Sales/Maturities of Investments | $142M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$52M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $234M |
| Net Receivables | $148M |
| Inventory | $75M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $544M |
| PP&E (Net) | $13M |
| Goodwill | $117M |
| Intangible Assets | $580M |
| Long-Term Investments | $12M |
| Tax Assets | $0 |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $760M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $77M |
| TOTAL CURRENT LIABILITIES | $315M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $375M |
| Common Stock | $55.0K |
| Additional Paid-In Capital | $447M |
| Retained Earnings | $483M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$534.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $929M |
| Minority Interest | $0 |
| TOTAL EQUITY | $929M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $42M |
| Net Debt | -$21M |
