| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $79M | $82M | $80M | -3.9% | -1.7% |
| Op. Income | $49M | $55M | $55M | -9.9% | -10.2% |
| Gross Margin | 95.8% | 98.0% | 101.3% | -2.1pp | -5.5pp |
| Net Margin | 46.2% | 48.1% | 50.5% | -1.9pp | -4.3pp |
| EPS (Diluted) | $1.37 | $1.48 | $1.51 | -7.4% | -9.3% |
| Free Cash Flow | $52M | -$8M | $55M | 731.8% | -4.5% |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $14M |
| Operating Expenses | $26M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $49M |
| Interest Income | $69M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $3M |
| EBIT | $49M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $79M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $76M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $14M |
| Operating Expenses | $26M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $49M |
| Interest Income | $69M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $3M |
| EBIT | $49M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $364.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $150.0K |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$122.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $110M |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | $131M |
| Net Debt Issuance | $192M |
| Common Stock Repurchased | -$210.0K |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$119M |
| NET CASH FROM FINANCING | $61M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | $244M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $434M |
| Short-Term Investments | $2.5B |
| Net Receivables | $54M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $46M |
| Goodwill | $122M |
| Intangible Assets | $291.0K |
| Long-Term Investments | $3.1B |
| Tax Assets | $100M |
| Other Non-Current Assets | $89M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $0 |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.4B |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $200M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $268M |
| TOTAL LIABILITIES | $5.7B |
| Common Stock | $474M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $515M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$197M |
| Other Equity | $35.0K |
| TOTAL STOCKHOLDERS' EQUITY | $792M |
| Minority Interest | $0 |
| TOTAL EQUITY | $792M |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $270M |
| Net Debt | -$164M |
