| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $50M | $37M | 3.7% | 39.8% |
| Op. Income | $12M | $12M | $10M | 0.2% | 28.5% |
| Gross Margin | 40.5% | 42.5% | 49.9% | -2.0pp | -9.4pp |
| Net Margin | 17.7% | 18.1% | 18.4% | -0.3pp | -0.6pp |
| EPS (Diluted) | $0.35 | $0.34 | $0.25 | 2.1% | 41.2% |
| Free Cash Flow | -$25M | $53M | $25M | -147.5% | -199.9% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $842.6K |
| Operating Expenses | $9M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $12M |
| Interest Income | $51M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $419.5K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $842.6K |
| Operating Expenses | $9M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $12M |
| Interest Income | $51M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $419.5K |
| EBIT | $12M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $419.5K |
| Stock-Based Compensation | $96.5K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | -$129.3K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$655.5K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$784.9K |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93M |
| Short-Term Investments | $696.4K |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $113M |
| PP&E (Net) | $20M |
| Goodwill | $4M |
| Intangible Assets | $2M |
| Long-Term Investments | $3.0B |
| Tax Assets | $2M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $76M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $518.1K |
| Other Non-Current Liabilities | $122M |
| TOTAL NON-CURRENT LIABILITIES | $201M |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $157M |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $115M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $53.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $284M |
| Minority Interest | $0 |
| TOTAL EQUITY | $284M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $78M |
| Net Debt | -$15M |
