| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $165M | $149M | $151M | 10.8% | 9.3% |
| Op. Income | $75M | $59M | $65M | 26.5% | 15.5% |
| Gross Margin | 73.6% | 70.3% | 74.7% | 3.3pp | -1.1pp |
| Net Margin | 34.2% | 29.5% | 32.5% | 4.6pp | 1.7pp |
| EPS (Diluted) | $1.06 | $0.81 | $0.88 | 30.9% | 20.5% |
| Free Cash Flow | $74M | $61M | $39M | 20.6% | 86.6% |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $34M |
| SG&A Expenses | $34M |
| Other Expenses | $13M |
| Operating Expenses | $47M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $75M |
| Interest Income | $136M |
| Interest Expense | $41M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $949.0K |
| EBIT | $75M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $34M |
| SG&A Expenses | $34M |
| Other Expenses | $13M |
| Operating Expenses | $47M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $75M |
| Interest Income | $136M |
| Interest Expense | $41M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $949.0K |
| EBIT | $75M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $949.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $37M |
| Other Investing Activities | -$50M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$42.0K |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $210M |
| NET CASH FROM FINANCING | $159M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | $212M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $718M |
| Net Receivables | $729M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $27M |
| Goodwill | $135.0K |
| Intangible Assets | $1M |
| Long-Term Investments | $5.0B |
| Tax Assets | $22M |
| Other Non-Current Assets | $145M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.9B |
| TOTAL CURRENT LIABILITIES | $6.9B |
| Long-Term Debt | $148M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $61M |
| TOTAL NON-CURRENT LIABILITIES | $208M |
| TOTAL LIABILITIES | $7.1B |
| Common Stock | $52M |
| Additional Paid-In Capital | $166M |
| Retained Earnings | $618M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $817M |
| Minority Interest | $0 |
| TOTAL EQUITY | $817M |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $148M |
| Net Debt | -$1.1B |
