| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $188M | $166M | $161M | 13.5% | 17.0% |
| Op. Income | -$33M | $37M | $35M | -187.4% | -193.4% |
| Gross Margin | 43.9% | 69.2% | 65.8% | -25.3pp | -21.9pp |
| Net Margin | -15.9% | 17.0% | 16.3% | -32.9pp | -32.3pp |
| EPS (Diluted) | $-0.44 | $0.49 | $0.46 | -189.8% | -195.7% |
| Free Cash Flow | $7M | $50M | $36M | -87.0% | -81.9% |
| Item | Amount |
|---|---|
| REVENUE | $188M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $83M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $70M |
| SG&A Expenses | $70M |
| Other Expenses | $45M |
| Operating Expenses | $115M |
| Cost & Expenses | $221M |
| OPERATING INCOME | -$33M |
| Interest Income | $166M |
| Interest Expense | $63M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$33M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$30M |
| D&A | $6M |
| EBIT | -$33M |
| EBITDA | -$27M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $55M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $386M |
| Purchases of Investments | -$337M |
| Sales/Maturities of Investments | $639M |
| Other Investing Activities | -$75M |
| NET CASH FROM INVESTING | $610M |
| Net Debt Issuance | $17M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$114M |
| NET CASH FROM FINANCING | -$116M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $503M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $86M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $223M |
| Goodwill | $385M |
| Intangible Assets | $111M |
| Long-Term Investments | $16.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $765M |
| TOTAL NON-CURRENT ASSETS | $18.2B |
| TOTAL ASSETS | $19.5B |
| Account Payables | $0 |
| Short-Term Debt | $149M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16.5B |
| TOTAL CURRENT LIABILITIES | $16.6B |
| Long-Term Debt | $384M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $252M |
| TOTAL NON-CURRENT LIABILITIES | $677M |
| TOTAL LIABILITIES | $17.3B |
| Common Stock | $93.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $249M |
| Treasury Stock | -$64M |
| Accum. Other Comp. Income | -$173M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $19.5B |
| Total Debt | $573M |
| Net Debt | -$627M |
