| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $120M | $122M | $42M | -2.3% | 181.9% |
| Op. Income | $33M | $20M | $6M | 62.1% | 457.6% |
| Gross Margin | 68.0% | 65.0% | 62.4% | 3.0pp | 5.6pp |
| Net Margin | 22.7% | 16.2% | 12.3% | 6.6pp | 10.5pp |
| EPS (Diluted) | $1.80 | $1.30 | $0.69 | 38.5% | 160.9% |
| Free Cash Flow | $36M | $77M | $6M | -53.2% | 542.1% |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $387.0K |
| General & Administrative | $27M |
| SG&A Expenses | $28M |
| Other Expenses | $21M |
| Operating Expenses | $49M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $33M |
| Interest Income | $111M |
| Interest Expense | $38M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $6M |
| EBIT | $33M |
| EBITDA | $39M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $387.0K |
| General & Administrative | $27M |
| SG&A Expenses | $28M |
| Other Expenses | $21M |
| Operating Expenses | $49M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $33M |
| Interest Income | $111M |
| Interest Expense | $38M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $6M |
| EBIT | $33M |
| EBITDA | $39M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $364.0K |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$49M |
| Sales/Maturities of Investments | $50M |
| Other Investing Activities | $23M |
| NET CASH FROM INVESTING | $23M |
| Net Debt Issuance | -$65M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $27M |
| NET CASH FROM FINANCING | -$47M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $149M |
| Short-Term Investments | $1.4B |
| Net Receivables | $34M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $132M |
| Goodwill | $33M |
| Intangible Assets | $53M |
| Long-Term Investments | $5.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $419M |
| TOTAL NON-CURRENT ASSETS | $6.2B |
| TOTAL ASSETS | $7.8B |
| Account Payables | $0 |
| Short-Term Debt | $300M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.5B |
| TOTAL CURRENT LIABILITIES | $6.8B |
| Long-Term Debt | $113M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $125M |
| TOTAL NON-CURRENT LIABILITIES | $238M |
| TOTAL LIABILITIES | $7.1B |
| Common Stock | $8M |
| Additional Paid-In Capital | $403M |
| Retained Earnings | $453M |
| Treasury Stock | -$28M |
| Accum. Other Comp. Income | -$88M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $758M |
| Minority Interest | $0 |
| TOTAL EQUITY | $758M |
| TOTAL LIABILITIES & EQUITY | $7.8B |
| Total Debt | $413M |
| Net Debt | $264M |
