| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30M | $308M | $230M | -90.4% | -87.2% |
| Op. Income | -$184M | $72M | $49M | -354.8% | -475.9% |
| Gross Margin | -181.9% | 68.1% | 65.2% | -250.0pp | -247.1pp |
| Net Margin | -735.7% | 19.7% | 16.8% | -755.4pp | -752.5pp |
| EPS (Diluted) | $-1.09 | $0.30 | $0.24 | -463.3% | -554.2% |
| Free Cash Flow | $46M | $83M | $30M | -45.4% | 51.3% |
| Item | Amount |
|---|---|
| REVENUE | $30M |
| Cost of Revenue | $83M |
| GROSS PROFIT | -$54M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $83M |
| SG&A Expenses | $85M |
| Other Expenses | $45M |
| Operating Expenses | $130M |
| Cost & Expenses | $214M |
| OPERATING INCOME | -$184M |
| Interest Income | $266M |
| Interest Expense | $77M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$184M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | -$218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$218M |
| D&A | $14M |
| EBIT | -$184M |
| EBITDA | -$170M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$218M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$65M |
| Other Non-Cash Items | $264M |
| Change in Working Capital | $45M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | -$159M |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | -$46M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$522M |
| NET CASH FROM FINANCING | -$604M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | -$638M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $369M |
| Short-Term Investments | $57M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $659M |
| PP&E (Net) | $65M |
| Goodwill | $915M |
| Intangible Assets | $127M |
| Long-Term Investments | $22.1B |
| Tax Assets | $302M |
| Other Non-Current Assets | $831M |
| TOTAL NON-CURRENT ASSETS | $24.3B |
| TOTAL ASSETS | $25.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.8B |
| TOTAL CURRENT LIABILITIES | $20.8B |
| Long-Term Debt | $20M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $586M |
| TOTAL NON-CURRENT LIABILITIES | $606M |
| TOTAL LIABILITIES | $21.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$324M |
| Other Equity | -$127M |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $25.0B |
| Total Debt | $20M |
| Net Debt | -$349M |
