| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $41M | $37M | -2.4% | 6.9% |
| Op. Income | $12M | $11M | $8M | 7.7% | 54.0% |
| Gross Margin | 73.4% | 71.9% | 65.2% | 1.6pp | 8.2pp |
| Net Margin | 23.1% | 18.9% | 16.1% | 4.1pp | 6.9pp |
| EPS (Diluted) | $1.91 | $1.61 | $1.26 | 18.6% | 51.6% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $241.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $6M |
| Operating Expenses | $17M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $12M |
| Interest Income | $34M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $0 |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $241.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $6M |
| Operating Expenses | $17M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $12M |
| Interest Income | $34M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $0 |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $275M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $303M |
| PP&E (Net) | $26M |
| Goodwill | $22M |
| Intangible Assets | $0 |
| Long-Term Investments | $2.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$2.6B |
| TOTAL NON-CURRENT ASSETS | $48M |
| TOTAL ASSETS | $2.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $123M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $53.0K |
| Additional Paid-In Capital | $49M |
| Retained Earnings | $264M |
| Treasury Stock | -$15M |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $263M |
| Minority Interest | $0 |
| TOTAL EQUITY | $263M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $129M |
| Net Debt | $101M |
