| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $117M | $122M | $112M | -4.3% | 4.7% |
| Op. Income | $5M | $13M | $13M | -62.5% | -61.9% |
| Gross Margin | 81.4% | 81.8% | 91.1% | -0.5pp | -9.8pp |
| Net Margin | 3.6% | 7.9% | 9.9% | -4.3pp | -6.3pp |
| EPS (Diluted) | $0.14 | $0.37 | $0.43 | -62.2% | -67.4% |
| Free Cash Flow | -$72M | $21M | -$17M | -436.7% | -311.5% |
| Item | Amount |
|---|---|
| REVENUE | $117M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $55M |
| SG&A Expenses | $56M |
| Other Expenses | $34M |
| Operating Expenses | $90M |
| Cost & Expenses | $112M |
| OPERATING INCOME | $5M |
| Interest Income | $102M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $609.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $8M |
| EBIT | $5M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $117M |
| Cost of Revenue | $22M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $55M |
| SG&A Expenses | $56M |
| Other Expenses | $34M |
| Operating Expenses | $90M |
| Cost & Expenses | $112M |
| OPERATING INCOME | $5M |
| Interest Income | $102M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $609.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $8M |
| EBIT | $5M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $857.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$61M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$33M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$35M |
| NET CASH FROM INVESTING | -$108M |
| Net Debt Issuance | -$225M |
| Common Stock Repurchased | -$81.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $475M |
| NET CASH FROM FINANCING | $249M |
| FREE CASH FLOW | -$72M |
| Net Change in Cash | $130M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $417M |
| Short-Term Investments | $320M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $737M |
| PP&E (Net) | $163M |
| Goodwill | $234M |
| Intangible Assets | $50M |
| Long-Term Investments | $4.2B |
| Tax Assets | $8M |
| Other Non-Current Assets | $216M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.5B |
| TOTAL CURRENT LIABILITIES | $4.5B |
| Long-Term Debt | $181M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $71M |
| TOTAL NON-CURRENT LIABILITIES | $252M |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $290.0K |
| Additional Paid-In Capital | $556M |
| Retained Earnings | $540M |
| Treasury Stock | -$265M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $872M |
| Minority Interest | $0 |
| TOTAL EQUITY | $872M |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $181M |
| Net Debt | -$236M |
