| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $251M | $233M | $224M | 7.7% | 11.9% |
| Op. Income | $42M | $31M | $48M | 35.8% | -11.8% |
| Gross Margin | 67.0% | 66.1% | 76.9% | 0.8pp | -10.0pp |
| Net Margin | 13.8% | 12.4% | 17.1% | 1.5pp | -3.3pp |
| EPS (Diluted) | $0.46 | $0.39 | $0.52 | 17.9% | -11.5% |
| Free Cash Flow | $28M | $36M | -$34M | -22.6% | 183.2% |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $77M |
| SG&A Expenses | $82M |
| Other Expenses | $44M |
| Operating Expenses | $126M |
| Cost & Expenses | $208M |
| OPERATING INCOME | $42M |
| Interest Income | $187M |
| Interest Expense | $84M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $9M |
| EBIT | $42M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $83M |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $77M |
| SG&A Expenses | $82M |
| Other Expenses | $44M |
| Operating Expenses | $126M |
| Cost & Expenses | $208M |
| OPERATING INCOME | $42M |
| Interest Income | $187M |
| Interest Expense | $84M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $9M |
| EBIT | $42M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $313.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | -$211M |
| Sales/Maturities of Investments | $267M |
| Other Investing Activities | -$114M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | -$202M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $233M |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $2.2B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $343M |
| Goodwill | $458M |
| Intangible Assets | $69M |
| Long-Term Investments | $11.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $13.7B |
| TOTAL ASSETS | $16.9B |
| Account Payables | $0 |
| Short-Term Debt | $31M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.1B |
| TOTAL CURRENT LIABILITIES | $14.2B |
| Long-Term Debt | $260M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $401M |
| TOTAL NON-CURRENT LIABILITIES | $661M |
| TOTAL LIABILITIES | $14.8B |
| Common Stock | $125M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $937M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$127M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $16M |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $16.9B |
| Total Debt | $291M |
| Net Debt | -$711M |
