| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $126M | $128M | $105M | -1.8% | 19.4% |
| Op. Income | $26M | $21M | $17M | 21.2% | 50.0% |
| Gross Margin | 59.8% | 55.3% | 56.6% | 4.4pp | 3.2pp |
| Net Margin | 16.4% | 12.9% | 12.9% | 3.5pp | 3.5pp |
| EPS (Diluted) | $0.65 | $0.51 | $0.48 | 27.5% | 35.4% |
| Free Cash Flow | $28M | $18M | $7M | 56.2% | 281.3% |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $31M |
| SG&A Expenses | $32M |
| Other Expenses | $17M |
| Operating Expenses | $49M |
| Cost & Expenses | $100M |
| OPERATING INCOME | $26M |
| Interest Income | $114M |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $1M |
| EBIT | $26M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $31M |
| SG&A Expenses | $32M |
| Other Expenses | $17M |
| Operating Expenses | $49M |
| Cost & Expenses | $100M |
| OPERATING INCOME | $26M |
| Interest Income | $114M |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $1M |
| EBIT | $26M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $136.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$51M |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | $86M |
| NET CASH FROM INVESTING | $72M |
| Net Debt Issuance | -$45M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$56M |
| NET CASH FROM FINANCING | -$107M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $313M |
| Short-Term Investments | $32M |
| Net Receivables | $34M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $378M |
| PP&E (Net) | $82M |
| Goodwill | $122M |
| Intangible Assets | $17M |
| Long-Term Investments | $6.9B |
| Tax Assets | $25M |
| Other Non-Current Assets | $307M |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $7.8B |
| Account Payables | $5M |
| Short-Term Debt | $91M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.5B |
| TOTAL CURRENT LIABILITIES | $6.6B |
| Long-Term Debt | $343M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $61M |
| TOTAL NON-CURRENT LIABILITIES | $404M |
| TOTAL LIABILITIES | $7.0B |
| Common Stock | $30M |
| Additional Paid-In Capital | $502M |
| Retained Earnings | $276M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $826M |
| Minority Interest | $0 |
| TOTAL EQUITY | $826M |
| TOTAL LIABILITIES & EQUITY | $7.8B |
| Total Debt | $434M |
| Net Debt | $121M |
