| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $229M | $225M | $197M | 1.9% | 16.3% |
| Op. Income | $67M | $69M | $51M | -2.4% | 31.0% |
| Gross Margin | 67.3% | 69.1% | 66.2% | -1.9pp | 1.1pp |
| Net Margin | 10.3% | 5.7% | 5.6% | 4.6pp | 4.7pp |
| EPS (Diluted) | $0.19 | $0.02 | $0.11 | 1102.5% | 72.7% |
| Free Cash Flow | -$33M | $12M | $941.0K | -369.5% | -3574.6% |
| Item | Amount |
|---|---|
| REVENUE | $229M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $154M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $87M |
| Operating Expenses | $87M |
| Cost & Expenses | $162M |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $47M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $472.0K |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $63M |
| EBIT | $68M |
| EBITDA | $132M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $229M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $154M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $87M |
| Operating Expenses | $87M |
| Cost & Expenses | $162M |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $47M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $472.0K |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $63M |
| EBIT | $68M |
| EBITDA | $132M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $63M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $60.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$99M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $40.0K |
| NET CASH FROM INVESTING | -$99M |
| Net Debt Issuance | $864M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$55M |
| Other Financing Activities | -$766M |
| NET CASH FROM FINANCING | $33M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | -$3.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.0K |
| Short-Term Investments | $0 |
| Net Receivables | $102M |
| Inventory | $129M |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $249M |
| PP&E (Net) | $2.3B |
| Goodwill | $0 |
| Intangible Assets | $238M |
| Long-Term Investments | $381.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $34M |
| Short-Term Debt | $0 |
| Deferred Revenue | $65M |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $174M |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | -$290M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $142M |
| Minority Interest | $0 |
| TOTAL EQUITY | $142M |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $2.5B |
| Net Debt | $2.5B |
