| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $210M | $211M | $192M | -0.6% | 9.3% |
| Op. Income | $56M | $23M | $50M | 139.9% | 11.7% |
| Gross Margin | 82.6% | 59.9% | 95.0% | 22.7pp | -12.4pp |
| Net Margin | 13.9% | 1.4% | 2.4% | 12.5pp | 11.5pp |
| EPS (Diluted) | $0.17 | $0.02 | $0.03 | 849.7% | 466.7% |
| Free Cash Flow | $20M | $19M | $27M | 7.0% | -25.6% |
| Item | Amount |
|---|---|
| REVENUE | $210M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $173M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $117M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $56M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $27M |
| EBIT | $59M |
| EBITDA | $85M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $210M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $173M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $117M |
| Other Expenses | $0 |
| Operating Expenses | $117M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $56M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $27M |
| EBIT | $59M |
| EBITDA | $85M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $696.0K |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $48.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $294.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $153M |
| Short-Term Investments | $0 |
| Net Receivables | $225M |
| Inventory | $17M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $433M |
| PP&E (Net) | $180M |
| Goodwill | $835M |
| Intangible Assets | $283M |
| Long-Term Investments | $577.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $76M |
| Short-Term Debt | $7M |
| Deferred Revenue | $25M |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $159M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $78M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $557M |
| Retained Earnings | -$95M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $449M |
| Minority Interest | $0 |
| TOTAL EQUITY | $449M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $1.1B |
| Net Debt | $919M |
