| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $149M | $154M | $153M | -3.6% | -2.8% |
| Op. Income | $37M | $40M | $41M | -7.2% | -7.6% |
| Gross Margin | 62.5% | 62.5% | 61.2% | 0.0pp | 1.3pp |
| Net Margin | 19.0% | 19.6% | 19.9% | -0.7pp | -0.9pp |
| EPS (Diluted) | $0.64 | $0.69 | $0.70 | -7.2% | -8.6% |
| Free Cash Flow | $25M | $51M | $62M | -50.7% | -59.5% |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $36M |
| SG&A Expenses | $36M |
| Other Expenses | $19M |
| Operating Expenses | $56M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $37M |
| Interest Income | $135M |
| Interest Expense | $47M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $1M |
| EBIT | $37M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $56M |
| GROSS PROFIT | $93M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $36M |
| SG&A Expenses | $36M |
| Other Expenses | $19M |
| Operating Expenses | $56M |
| Cost & Expenses | $111M |
| OPERATING INCOME | $37M |
| Interest Income | $135M |
| Interest Expense | $47M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $1M |
| EBIT | $37M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$369.0K |
| Other Non-Cash Items | -$68M |
| Change in Working Capital | $64M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$148M |
| Sales/Maturities of Investments | $55M |
| Other Investing Activities | -$123M |
| NET CASH FROM INVESTING | -$218M |
| Net Debt Issuance | -$37M |
| Common Stock Repurchased | -$687.0K |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $91M |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | -$142M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $421M |
| Short-Term Investments | $1.3B |
| Net Receivables | $710M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $60M |
| Goodwill | $182M |
| Intangible Assets | $15M |
| Long-Term Investments | $6.5B |
| Tax Assets | $51M |
| Other Non-Current Assets | $341M |
| TOTAL NON-CURRENT ASSETS | $7.2B |
| TOTAL ASSETS | $9.6B |
| Account Payables | $0 |
| Short-Term Debt | $28M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.6B |
| TOTAL CURRENT LIABILITIES | $7.6B |
| Long-Term Debt | $695M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $177M |
| TOTAL NON-CURRENT LIABILITIES | $872M |
| TOTAL LIABILITIES | $8.5B |
| Common Stock | $455.0K |
| Additional Paid-In Capital | $713M |
| Retained Earnings | $558M |
| Treasury Stock | -$44M |
| Accum. Other Comp. Income | -$96M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $9.6B |
| Total Debt | $723M |
| Net Debt | $302M |
