| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $142M | $160M | $149M | -11.4% | -4.8% |
| Op. Income | $0 | $57M | $37M | -100.0% | -100.0% |
| Net Margin | 26.5% | 21.6% | 19.0% | 4.9pp | 7.6pp |
| EPS (Diluted) | $0.83 | $0.76 | $0.64 | 9.2% | 29.7% |
| Item | Amount |
|---|---|
| REVENUE | $142M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $0 |
| OPERATING INCOME | $0 |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $0 |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $1.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $57M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $46M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $302M |
| TOTAL ASSETS | $9.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $8.6B |
| Common Stock | $471.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $678M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$82M |
| Other Equity | $684M |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $9.9B |
| Total Debt | $0 |
| Net Debt | -$62M |
