| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $213M | $159M | $129M | 34.1% | 65.5% |
| Op. Income | $73M | $40M | $39M | 84.3% | 86.3% |
| Gross Margin | 46.7% | 35.6% | 40.7% | 11.1pp | 6.0pp |
| Net Margin | 29.5% | -3.2% | 12.3% | 32.7pp | 17.2pp |
| EPS (Diluted) | $0.42 | $-0.18 | $0.11 | 327.0% | 297.1% |
| Free Cash Flow | -$12M | $18M | $44M | -169.8% | -127.7% |
| Item | Amount |
|---|---|
| REVENUE | $213M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $99M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $11M |
| SG&A Expenses | $27M |
| Other Expenses | -$739.1K |
| Operating Expenses | $26M |
| Cost & Expenses | $140M |
| OPERATING INCOME | $73M |
| Interest Income | $12M |
| Interest Expense | $10M |
| Other Income/Expenses | $24M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $26M |
| EBIT | $142M |
| EBITDA | $167M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $213M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $99M |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $11M |
| SG&A Expenses | $27M |
| Other Expenses | -$739.1K |
| Operating Expenses | $26M |
| Cost & Expenses | $140M |
| OPERATING INCOME | $73M |
| Interest Income | $12M |
| Interest Expense | $10M |
| Other Income/Expenses | $24M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $26M |
| EBIT | $142M |
| EBITDA | $167M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $63M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $35M |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$66M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $54M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $299M |
| Net Receivables | $69M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $423M |
| PP&E (Net) | $1.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $19M |
| Tax Assets | $28.5K |
| Other Non-Current Assets | $24.9K |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $31M |
| Short-Term Debt | $8M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $141M |
| Long-Term Debt | $291M |
| Deferred Revenue NC | $59M |
| Deferred Tax Liabilities | $79M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $436M |
| TOTAL LIABILITIES | $576M |
| Common Stock | $371M |
| Additional Paid-In Capital | -$11M |
| Retained Earnings | $66M |
| Treasury Stock | -$37M |
| Accum. Other Comp. Income | $587M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $975M |
| Minority Interest | $853 |
| TOTAL EQUITY | $975M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $311M |
| Net Debt | $284M |
