| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $124M | $120M | $103M | 3.6% | 20.7% |
| Op. Income | $26M | $20M | $26M | 25.3% | -2.0% |
| Gross Margin | 60.9% | 57.9% | 73.5% | 2.9pp | -12.6pp |
| Net Margin | 16.3% | 13.6% | 20.4% | 2.8pp | -4.1pp |
| EPS (Diluted) | $0.69 | $0.55 | $0.71 | 25.5% | -2.8% |
| Free Cash Flow | $11M | $26M | $18M | -60.1% | -42.0% |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $416.0K |
| General & Administrative | $32M |
| SG&A Expenses | $33M |
| Other Expenses | $17M |
| Operating Expenses | $50M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $26M |
| Interest Income | $99M |
| Interest Expense | $47M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $5M |
| EBIT | $26M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $416.0K |
| General & Administrative | $32M |
| SG&A Expenses | $33M |
| Other Expenses | $17M |
| Operating Expenses | $50M |
| Cost & Expenses | $99M |
| OPERATING INCOME | $26M |
| Interest Income | $99M |
| Interest Expense | $47M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $5M |
| EBIT | $26M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$61M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $29M |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $202M |
| Short-Term Investments | $351M |
| Net Receivables | $247M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $799M |
| PP&E (Net) | $79M |
| Goodwill | $176M |
| Intangible Assets | $7M |
| Long-Term Investments | $6.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $278M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $7.7B |
| Account Payables | $0 |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.4B |
| TOTAL CURRENT LIABILITIES | $6.4B |
| Long-Term Debt | $399M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $60M |
| TOTAL NON-CURRENT LIABILITIES | $493M |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $158M |
| Additional Paid-In Capital | $299M |
| Retained Earnings | $489M |
| Treasury Stock | -$47M |
| Accum. Other Comp. Income | -$55M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $844M |
| Minority Interest | $0 |
| TOTAL EQUITY | $844M |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $437M |
| Net Debt | $236M |
