| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $191M | $184M | $161M | 3.8% | 18.7% |
| Op. Income | $13M | $8M | -$25M | 54.8% | 152.1% |
| Gross Margin | 76.9% | 75.1% | 74.9% | 1.8pp | 2.0pp |
| Net Margin | 9.7% | 9.4% | 10.7% | 0.2pp | -1.0pp |
| EPS (Diluted) | $0.13 | $0.13 | $-0.15 | 0.0% | 186.7% |
| Free Cash Flow | $12M | -$12M | -$12M | 201.6% | 205.1% |
| Item | Amount |
|---|---|
| REVENUE | $191M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $147M |
| R&D Expenses | $53M |
| Selling & Marketing | $48M |
| General & Administrative | $32M |
| SG&A Expenses | $80M |
| Other Expenses | $927.0K |
| Operating Expenses | $134M |
| Cost & Expenses | $178M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | -$640.0K |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $4M |
| EBIT | $13M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $191M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $147M |
| R&D Expenses | $53M |
| Selling & Marketing | $48M |
| General & Administrative | $32M |
| SG&A Expenses | $80M |
| Other Expenses | $927.0K |
| Operating Expenses | $134M |
| Cost & Expenses | $178M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | -$640.0K |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $4M |
| EBIT | $13M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$150M |
| Sales/Maturities of Investments | $159M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$67M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$65M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $466M |
| Net Receivables | $114M |
| Inventory | $0 |
| Other Current Assets | $243M |
| TOTAL CURRENT ASSETS | $848M |
| PP&E (Net) | $31M |
| Goodwill | $118M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $153M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $14M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $289M |
| Long-Term Debt | $357M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $596.0K |
| TOTAL NON-CURRENT LIABILITIES | $362M |
| TOTAL LIABILITIES | $652M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $627M |
| Retained Earnings | -$276M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$386.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $349M |
| Minority Interest | $0 |
| TOTAL EQUITY | $349M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $367M |
| Net Debt | $342M |
