| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $122M | $130M | $121M | -6.5% | 1.1% |
| Op. Income | $19M | $20M | $12M | -6.6% | 55.6% |
| Gross Margin | 51.3% | 51.4% | 46.3% | -0.1pp | 5.0pp |
| Net Margin | 10.7% | 12.0% | 7.4% | -1.3pp | 3.4pp |
| EPS (Diluted) | $0.13 | $0.15 | $0.09 | -13.3% | 48.7% |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $648.0K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $42M |
| Operating Expenses | $44M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $19M |
| Interest Income | $119M |
| Interest Expense | $58M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $0 |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $63M |
| R&D Expenses | $0 |
| Selling & Marketing | $648.0K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $42M |
| Operating Expenses | $44M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $19M |
| Interest Income | $119M |
| Interest Expense | $58M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $0 |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $277M |
| Short-Term Investments | $112.0K |
| Net Receivables | $42M |
| Inventory | $0 |
| Other Current Assets | $8.2B |
| TOTAL CURRENT ASSETS | $8.5B |
| PP&E (Net) | $83M |
| Goodwill | $120M |
| Intangible Assets | $0 |
| Long-Term Investments | $9.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$9.9B |
| TOTAL NON-CURRENT ASSETS | $202M |
| TOTAL ASSETS | $11.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.6B |
| TOTAL NON-CURRENT LIABILITIES | $9.8B |
| TOTAL LIABILITIES | $9.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $1.2B |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $11.0B |
| Total Debt | $1.2B |
| Net Debt | $967M |
