| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $244M | $258M | $202M | -5.2% | 21.1% |
| Op. Income | $63M | $70M | $61M | -10.0% | 3.0% |
| Gross Margin | 72.9% | 71.5% | 65.6% | 1.4pp | 7.3pp |
| Net Margin | 20.2% | 21.3% | 24.8% | -1.0pp | -4.6pp |
| EPS (Diluted) | $1.30 | $1.45 | $1.31 | -10.3% | -0.8% |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $66M |
| GROSS PROFIT | $178M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $62M |
| SG&A Expenses | $62M |
| Other Expenses | $53M |
| Operating Expenses | $115M |
| Cost & Expenses | $181M |
| OPERATING INCOME | $63M |
| Interest Income | $225M |
| Interest Expense | $59M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $0 |
| EBIT | $63M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $66M |
| GROSS PROFIT | $178M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $62M |
| SG&A Expenses | $62M |
| Other Expenses | $53M |
| Operating Expenses | $115M |
| Cost & Expenses | $181M |
| OPERATING INCOME | $63M |
| Interest Income | $225M |
| Interest Expense | $59M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $0 |
| EBIT | $63M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $259M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $259M |
| PP&E (Net) | $58M |
| Goodwill | $417M |
| Intangible Assets | $20M |
| Long-Term Investments | $15.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $636M |
| TOTAL NON-CURRENT ASSETS | $17.0B |
| TOTAL ASSETS | $17.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $413M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14.8B |
| TOTAL NON-CURRENT LIABILITIES | $15.2B |
| TOTAL LIABILITIES | $15.2B |
| Common Stock | $366.0K |
| Additional Paid-In Capital | $990M |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$82M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $17.2B |
| Total Debt | $413M |
| Net Debt | $155M |
