| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $12M | $17M | 21.3% | -10.7% |
| Op. Income | $6M | $4M | $8M | 68.5% | -19.3% |
| Gross Margin | 50.5% | 38.6% | 54.6% | 11.9pp | -4.1pp |
| Net Margin | 40.3% | 28.1% | 45.3% | 12.2pp | -5.0pp |
| EPS (Diluted) | $0.26 | $0.15 | $0.32 | 73.3% | -18.8% |
| Free Cash Flow | $5M | $79M | $11M | -93.7% | -54.5% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $6M |
| Interest Income | $20M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $292.0K |
| NET INCOME | $6M |
| D&A | $0 |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $6M |
| Interest Income | $20M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $292.0K |
| NET INCOME | $6M |
| D&A | $0 |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$58M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $37M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $130M |
| Tax Assets | $0 |
| Other Non-Current Assets | $568M |
| TOTAL NON-CURRENT ASSETS | $698M |
| TOTAL ASSETS | $735M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $390M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $324.0K |
| TOTAL NON-CURRENT LIABILITIES | $391M |
| TOTAL LIABILITIES | $421M |
| Common Stock | $23.0K |
| Additional Paid-In Capital | $338M |
| Retained Earnings | -$25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $314M |
| Minority Interest | $0 |
| TOTAL EQUITY | $314M |
| TOTAL LIABILITIES & EQUITY | $735M |
| Total Debt | $390M |
| Net Debt | $380M |
