| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $171M | $132M | $171M | 30.3% | 0.0% |
| Op. Income | $29M | -$17M | $24M | 268.0% | 18.3% |
| Gross Margin | 54.9% | 33.1% | 44.8% | 21.9pp | 10.2pp |
| Net Margin | 12.5% | -15.5% | 10.3% | 28.0pp | 2.2pp |
| EPS (Diluted) | $0.45 | $-0.54 | $0.41 | 183.3% | 9.8% |
| Free Cash Flow | $65M | $87M | $29M | -25.4% | 120.9% |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $38M |
| SG&A Expenses | $39M |
| Other Expenses | $26M |
| Operating Expenses | $66M |
| Cost & Expenses | $143M |
| OPERATING INCOME | $29M |
| Interest Income | $162M |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $1M |
| EBIT | $29M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $94M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $38M |
| SG&A Expenses | $39M |
| Other Expenses | $26M |
| Operating Expenses | $66M |
| Cost & Expenses | $143M |
| OPERATING INCOME | $29M |
| Interest Income | $162M |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $1M |
| EBIT | $29M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $65M |
| Capital Expenditure | -$570.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$79M |
| NET CASH FROM INVESTING | -$85M |
| Net Debt Issuance | -$150M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$71M |
| NET CASH FROM FINANCING | -$234M |
| FREE CASH FLOW | $65M |
| Net Change in Cash | -$253M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $8M |
| Net Receivables | $56M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $79M |
| Goodwill | $156M |
| Intangible Assets | $4M |
| Long-Term Investments | $12.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $551M |
| TOTAL NON-CURRENT ASSETS | $13.0B |
| TOTAL ASSETS | $14.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.6B |
| TOTAL CURRENT LIABILITIES | $11.6B |
| Long-Term Debt | $780M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $241M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $12.7B |
| Common Stock | $461.0K |
| Additional Paid-In Capital | $623M |
| Retained Earnings | $803M |
| Treasury Stock | -$80M |
| Accum. Other Comp. Income | -$39M |
| Other Equity | -$13M |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $14.1B |
| Total Debt | $829M |
| Net Debt | -$202M |
