| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85M | $86M | $75M | -1.7% | 13.9% |
| Op. Income | $33M | $55M | $47M | -40.8% | -30.3% |
| Gross Margin | 75.4% | 75.1% | 75.3% | 0.3pp | 0.1pp |
| Net Margin | 42.4% | 66.6% | 31.3% | -24.1pp | 11.2pp |
| EPS (Diluted) | $0.40 | $0.65 | $0.29 | -38.5% | 37.9% |
| Free Cash Flow | $7M | $25M | $25M | -72.5% | -72.2% |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $21M |
| Operating Expenses | $31M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $33M |
| Interest Income | $3M |
| Interest Expense | $5M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $21M |
| EBIT | $41M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $21M |
| Operating Expenses | $31M |
| Cost & Expenses | $52M |
| OPERATING INCOME | $33M |
| Interest Income | $3M |
| Interest Expense | $5M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $21M |
| EBIT | $41M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$983.0K |
| Common Dividends Paid | -$39M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $496M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $494M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $650M |
| Short-Term Investments | $0 |
| Net Receivables | $55M |
| Inventory | $0 |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $716M |
| PP&E (Net) | $3.7B |
| Goodwill | $0 |
| Intangible Assets | $46M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $59M |
| Short-Term Debt | $100M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $203M |
| Long-Term Debt | $672M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $115M |
| TOTAL NON-CURRENT LIABILITIES | $791M |
| TOTAL LIABILITIES | $994M |
| Common Stock | $963.0K |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $88M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $777M |
| Net Debt | $127M |
