| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $286M | $314M | $349M | -8.8% | -18.1% |
| Op. Income | $12M | $36M | $65M | -66.8% | -81.8% |
| Gross Margin | 38.5% | 41.5% | 46.0% | -3.0pp | -7.5pp |
| Net Margin | 4.5% | 8.6% | 14.2% | -4.1pp | -9.7pp |
| EPS (Diluted) | $0.29 | $0.71 | $1.40 | -59.2% | -79.3% |
| Free Cash Flow | $77M | $101M | -$23M | -23.4% | 431.4% |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $176M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $528.0K |
| General & Administrative | $54M |
| SG&A Expenses | $55M |
| Other Expenses | $43M |
| Operating Expenses | $98M |
| Cost & Expenses | $274M |
| OPERATING INCOME | $12M |
| Interest Income | $315M |
| Interest Expense | $147M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | -$1M |
| 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 | $10M |
| D&A | $16M |
| EBIT | $12M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $176M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $528.0K |
| General & Administrative | $54M |
| SG&A Expenses | $55M |
| Other Expenses | $43M |
| Operating Expenses | $98M |
| Cost & Expenses | $274M |
| OPERATING INCOME | $12M |
| Interest Income | $315M |
| Interest Expense | $147M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | -$1M |
| 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 | $10M |
| D&A | $16M |
| EBIT | $12M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$25M |
| Other Non-Cash Items | $96M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $94M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$171M |
| Sales/Maturities of Investments | $169M |
| Other Investing Activities | -$481M |
| NET CASH FROM INVESTING | -$500M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $57M |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | $77M |
| Net Change in Cash | -$357M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $758M |
| Net Receivables | $106M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $4M |
| Long-Term Investments | $15.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.6B |
| TOTAL NON-CURRENT ASSETS | $18.1B |
| TOTAL ASSETS | $22.4B |
| Account Payables | $0 |
| Short-Term Debt | $100M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18.9B |
| TOTAL CURRENT LIABILITIES | $19.0B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $210M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $20.6B |
| Common Stock | $36M |
| Additional Paid-In Capital | $570M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$147M |
| Accum. Other Comp. Income | -$68M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $22.4B |
| Total Debt | $1.4B |
| Net Debt | -$2.0B |
