Revenue increased to $11.805 million in Q1 2024 from the prior-year quarter, delivering a YoY growth rate of 58.5% and QoQ growth of 60.35%. Gross profit was $7.333 million, yielding a gross margin of 62.12%. Operating income was $1.763 million (operating margin ~14.93%), and EBITDA was $1.925 million (EBITDA margin ~16.31%). Net income amounted to $1.335 million, or a net margin of 11.31%, with basic EPS of $0.21 and diluted EPS of $0.20. Cash flow metrics show net cash provided by operating activities of $1.217 million, and free cash flow of $1.085 million. Free cash flow yield and per-share metrics are supported by a weighted average share count of ~6.416 million shares outstanding (basic) and ~6.524 million (diluted). Balance sheet highlights include total assets of $869.547 million, cash and cash equivalents of $61.395 million, total current liabilities of $687.444 million, and total stockholders’ equity of $123.3 million (book value per share roughly in the mid-teens to high $18s–$19s range, given equity of $123.3 million and ~6.5–6.6 million shares outstanding). Debt levels are modest, with total debt reported at $51.837 million and net debt of approximately -$9.558 million, implying net cash on the balance sheet when offset by cash and equivalents. The liquidity profile shows a current ratio of 0.666 and a cash ratio of 0.373, indicating a liquidity structure that relies more on non-current funding sources than on short-term assets.