| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $88M | $74M | $70M | 18.3% | 25.3% |
| Op. Income | $6M | $18M | $16M | -66.4% | -62.2% |
| Gross Margin | 55.7% | 61.1% | 60.5% | -5.5pp | -4.8pp |
| Net Margin | 8.3% | 19.7% | 18.9% | -11.4pp | -10.6pp |
| EPS (Diluted) | $0.43 | $1.00 | $0.91 | -57.0% | -52.7% |
| Free Cash Flow | -$727.0K | $41M | $17M | -101.8% | -104.2% |
| Item | Amount |
|---|---|
| REVENUE | $88M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $23M |
| Operating Expenses | $43M |
| Cost & Expenses | $82M |
| OPERATING INCOME | $6M |
| Interest Income | $78M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $3M |
| EBIT | $6M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $88M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $23M |
| Operating Expenses | $43M |
| Cost & Expenses | $82M |
| OPERATING INCOME | $6M |
| Interest Income | $78M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $3M |
| EBIT | $6M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $827.0K |
| Deferred Income Tax | -$678.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $48M |
| Purchases of Investments | -$81M |
| Sales/Maturities of Investments | $86M |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | $62M |
| Net Debt Issuance | -$44M |
| Common Stock Repurchased | -$153.0K |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$59M |
| FREE CASH FLOW | -$727.0K |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $219M |
| Short-Term Investments | $820M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $53M |
| Goodwill | $154M |
| Intangible Assets | $47M |
| Long-Term Investments | $5.4B |
| Tax Assets | $56M |
| Other Non-Current Assets | $182M |
| TOTAL NON-CURRENT ASSETS | $5.9B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $0 |
| Short-Term Debt | $567M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.6B |
| TOTAL CURRENT LIABILITIES | $6.2B |
| Long-Term Debt | $61M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $99M |
| TOTAL NON-CURRENT LIABILITIES | $160M |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $214M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $509M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$82M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $640M |
| Minority Interest | $0 |
| TOTAL EQUITY | $640M |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $629M |
| Net Debt | $409M |
