| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $333M | $342M | $312M | -2.8% | 6.5% |
| Op. Income | $11M | $25M | -$7M | -55.2% | 270.3% |
| Gross Margin | 91.8% | 91.3% | 91.7% | 0.4pp | 0.1pp |
| Net Margin | 4.3% | 8.0% | -0.4% | -3.8pp | 4.6pp |
| EPS (Diluted) | $0.20 | $0.37 | $-0.02 | -45.9% | 1283.4% |
| Free Cash Flow | $66M | $73M | $67M | -10.0% | -1.3% |
| Item | Amount |
|---|---|
| REVENUE | $333M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $305M |
| R&D Expenses | $91M |
| Selling & Marketing | $148M |
| General & Administrative | $45M |
| SG&A Expenses | $193M |
| Other Expenses | $10M |
| Operating Expenses | $294M |
| Cost & Expenses | $322M |
| OPERATING INCOME | $11M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $14M |
| EBIT | $11M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $333M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $305M |
| R&D Expenses | $91M |
| Selling & Marketing | $148M |
| General & Administrative | $45M |
| SG&A Expenses | $193M |
| Other Expenses | $10M |
| Operating Expenses | $294M |
| Cost & Expenses | $322M |
| OPERATING INCOME | $11M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $14M |
| EBIT | $11M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | $109.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$63M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$21M |
| NET CASH FROM FINANCING | -$84M |
| FREE CASH FLOW | $66M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $296M |
| Short-Term Investments | $132M |
| Net Receivables | $148M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $607M |
| PP&E (Net) | $113M |
| Goodwill | $103M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $121M |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $387M |
| TOTAL ASSETS | $993M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $84M |
| TOTAL CURRENT LIABILITIES | $191M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $80M |
| TOTAL LIABILITIES | $272M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$1.1B |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $722M |
| Minority Interest | $0 |
| TOTAL EQUITY | $722M |
| TOTAL LIABILITIES & EQUITY | $993M |
| Total Debt | $77M |
| Net Debt | -$219M |
