| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $97M | $91M | $82M | 6.6% | 18.0% |
| Op. Income | $28M | $26M | $17M | 7.4% | 68.7% |
| Gross Margin | 76.3% | 76.5% | 45.7% | -0.2pp | 30.6pp |
| Net Margin | 22.8% | 21.0% | 19.8% | 1.8pp | 3.0pp |
| EPS (Diluted) | $0.12 | $0.13 | $0.09 | -7.7% | 32.0% |
| Free Cash Flow | -$2M | $35M | -$5M | -104.8% | 68.7% |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $74M |
| R&D Expenses | $327.0K |
| Selling & Marketing | $8M |
| General & Administrative | $5M |
| SG&A Expenses | $13M |
| Other Expenses | $33M |
| Operating Expenses | $46M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $28M |
| Interest Income | $1M |
| Interest Expense | $4M |
| Other Income/Expenses | -$138.0K |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | -$35.0K |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $707.0K |
| EBIT | $28M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $74M |
| R&D Expenses | $327.0K |
| Selling & Marketing | $8M |
| General & Administrative | $5M |
| SG&A Expenses | $13M |
| Other Expenses | $33M |
| Operating Expenses | $46M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $28M |
| Interest Income | $1M |
| Interest Expense | $4M |
| Other Income/Expenses | -$138.0K |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | -$35.0K |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $707.0K |
| EBIT | $28M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $707.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$658.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$586.0K |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $117M |
| Short-Term Investments | $58M |
| Net Receivables | $40M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $223M |
| PP&E (Net) | $679.0K |
| Goodwill | $87M |
| Intangible Assets | $605M |
| Long-Term Investments | $10M |
| Tax Assets | $5M |
| Other Non-Current Assets | $456.0K |
| TOTAL NON-CURRENT ASSETS | $709M |
| TOTAL ASSETS | $932M |
| Account Payables | $50M |
| Short-Term Debt | $251.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$251.0K |
| TOTAL CURRENT LIABILITIES | $76M |
| Long-Term Debt | $275M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $534.0K |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $300M |
| TOTAL LIABILITIES | $376M |
| Common Stock | $2M |
| Additional Paid-In Capital | $310M |
| Retained Earnings | $113M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$907.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $556M |
| Minority Interest | $0 |
| TOTAL EQUITY | $556M |
| TOTAL LIABILITIES & EQUITY | $932M |
| Total Debt | $276M |
| Net Debt | $159M |
