| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $165M | $150M | $159M | 10.4% | 4.0% |
| Op. Income | $15M | $18M | $13M | -14.4% | 14.6% |
| Gross Margin | 52.3% | 49.8% | 50.3% | 2.4pp | 2.0pp |
| Net Margin | 7.2% | 11.3% | 6.6% | -4.0pp | 0.6pp |
| EPS (Diluted) | $0.28 | $0.40 | $0.31 | -30.0% | -9.7% |
| Free Cash Flow | $18M | $77M | -$694.0K | -76.5% | 2693.5% |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $32M |
| Operating Expenses | $71M |
| Cost & Expenses | $150M |
| OPERATING INCOME | $15M |
| Interest Income | $146M |
| Interest Expense | $61M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $2M |
| EBIT | $15M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $79M |
| GROSS PROFIT | $86M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $32M |
| Operating Expenses | $71M |
| Cost & Expenses | $150M |
| OPERATING INCOME | $15M |
| Interest Income | $146M |
| Interest Expense | $61M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $2M |
| EBIT | $15M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $790.0K |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $31M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$288M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | $28M |
| NET CASH FROM INVESTING | -$223M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $300M |
| NET CASH FROM FINANCING | $261M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $635M |
| Short-Term Investments | $2M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $637M |
| PP&E (Net) | $136M |
| Goodwill | $19M |
| Intangible Assets | $0 |
| Long-Term Investments | $8.8B |
| Tax Assets | $53M |
| Other Non-Current Assets | $500M |
| TOTAL NON-CURRENT ASSETS | $9.5B |
| TOTAL ASSETS | $10.2B |
| Account Payables | $0 |
| Short-Term Debt | $60M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.2B |
| TOTAL CURRENT LIABILITIES | $8.2B |
| Long-Term Debt | $809M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $129M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $9.3B |
| Common Stock | $4M |
| Additional Paid-In Capital | $339M |
| Retained Earnings | $590M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $906M |
| Minority Interest | $0 |
| TOTAL EQUITY | $906M |
| TOTAL LIABILITIES & EQUITY | $10.2B |
| Total Debt | $980M |
| Net Debt | $345M |
