| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $244M | $254M | $224M | -4.2% | 8.6% |
| Op. Income | $45M | $43M | $60M | 3.7% | -24.5% |
| Gross Margin | 57.1% | 59.6% | 72.2% | -2.5pp | -15.1pp |
| Net Margin | 17.0% | 14.2% | 22.4% | 2.8pp | -5.4pp |
| EPS (Diluted) | $0.68 | $0.59 | $0.82 | 15.3% | -17.1% |
| Free Cash Flow | -$66M | $56M | -$17M | -216.8% | -280.5% |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $70M |
| SG&A Expenses | $70M |
| Other Expenses | $24M |
| Operating Expenses | $94M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $45M |
| Interest Income | $230M |
| Interest Expense | $97M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $9M |
| EBIT | $45M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $105M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $70M |
| SG&A Expenses | $70M |
| Other Expenses | $24M |
| Operating Expenses | $94M |
| Cost & Expenses | $199M |
| OPERATING INCOME | $45M |
| Interest Income | $230M |
| Interest Expense | $97M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $9M |
| EBIT | $45M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $28M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$148M |
| OPERATING CASH FLOW | -$59M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $81M |
| Other Investing Activities | -$116M |
| NET CASH FROM INVESTING | -$51M |
| Net Debt Issuance | -$104.0K |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$244M |
| NET CASH FROM FINANCING | -$259M |
| FREE CASH FLOW | -$66M |
| Net Change in Cash | -$369M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $606M |
| Short-Term Investments | $1.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $270M |
| Goodwill | $384M |
| Intangible Assets | $141M |
| Long-Term Investments | $14.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $770M |
| TOTAL NON-CURRENT ASSETS | $16.1B |
| TOTAL ASSETS | $18.4B |
| Account Payables | $0 |
| Short-Term Debt | $393M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.3B |
| TOTAL CURRENT LIABILITIES | $15.7B |
| Long-Term Debt | $663M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $255M |
| TOTAL NON-CURRENT LIABILITIES | $962M |
| TOTAL LIABILITIES | $16.7B |
| Common Stock | $13M |
| Additional Paid-In Capital | $161M |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$227M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $18.4B |
| Total Debt | $1.1B |
| Net Debt | $495M |
