| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $164M | $161M | $112M | 2.1% | 46.3% |
| Op. Income | $35M | $27M | -$26M | 30.0% | 230.6% |
| Gross Margin | 61.0% | 56.6% | 37.7% | 4.3pp | 23.2pp |
| Net Margin | 15.7% | 12.2% | -18.0% | 3.4pp | 33.7pp |
| EPS (Diluted) | $0.28 | $0.23 | $-0.23 | 21.7% | 219.1% |
| Free Cash Flow | $8M | $42M | $11M | -80.8% | -25.3% |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $47M |
| SG&A Expenses | $47M |
| Other Expenses | $19M |
| Operating Expenses | $65M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $35M |
| Interest Income | $148M |
| Interest Expense | $59M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $1M |
| EBIT | $35M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $164M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $47M |
| SG&A Expenses | $47M |
| Other Expenses | $19M |
| Operating Expenses | $65M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $35M |
| Interest Income | $148M |
| Interest Expense | $59M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $1M |
| EBIT | $35M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $828.0K |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$651.0K |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | $146M |
| NET CASH FROM INVESTING | $173M |
| Net Debt Issuance | -$364M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | -$367M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$186M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $358M |
| Short-Term Investments | $882M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $129M |
| Goodwill | $241M |
| Intangible Assets | $16M |
| Long-Term Investments | $9.5B |
| Tax Assets | $52M |
| Other Non-Current Assets | $323M |
| TOTAL NON-CURRENT ASSETS | $10.3B |
| TOTAL ASSETS | $11.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.9B |
| TOTAL CURRENT LIABILITIES | $8.9B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $167M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $10.3B |
| Common Stock | $970.0K |
| Additional Paid-In Capital | $904M |
| Retained Earnings | $466M |
| Treasury Stock | -$88M |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $11.5B |
| Total Debt | $1.2B |
| Net Debt | $844M |
