| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $53M | $60M | $45M | -11.9% | 18.7% |
| Op. Income | $0 | $17M | -$18M | -100.0% | 100.0% |
| Net Margin | 25.7% | 22.9% | -31.0% | 2.8pp | 56.7pp |
| EPS (Diluted) | $0.91 | $0.92 | $-1.30 | -1.1% | 170.0% |
| Item | Amount |
|---|---|
| REVENUE | $53M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $0 |
| Selling & Marketing | $264.0K |
| General & Administrative | $982.0K |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $0 |
| OPERATING INCOME | $0 |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $0 |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $574M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $658M |
| PP&E (Net) | $49M |
| Goodwill | $130M |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $208M |
| TOTAL ASSETS | $4.4B |
| 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 | $3.9B |
| Common Stock | $397M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $112M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $3.9B |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $0 |
| Net Debt | -$84M |
