| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $170M | $175M | $169M | -3.3% | 0.1% |
| Op. Income | $41M | $45M | $46M | -8.0% | -11.7% |
| Gross Margin | 66.2% | 65.0% | 66.1% | 1.2pp | 0.1pp |
| Net Margin | 19.3% | 20.4% | 22.2% | -1.2pp | -2.9pp |
| EPS (Diluted) | $0.32 | $0.35 | $0.37 | -8.6% | -13.5% |
| Free Cash Flow | $51M | $10M | $35M | 422.1% | 47.0% |
| Item | Amount |
|---|---|
| REVENUE | $170M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $68M |
| Operating Expenses | $71M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $41M |
| Interest Income | $147M |
| Interest Expense | $52M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $2M |
| EBIT | $41M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $170M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $68M |
| Operating Expenses | $71M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $41M |
| Interest Income | $147M |
| Interest Expense | $52M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $2M |
| EBIT | $41M |
| EBITDA | $43M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$214M |
| Sales/Maturities of Investments | $117M |
| Other Investing Activities | -$111M |
| NET CASH FROM INVESTING | -$214M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $184M |
| NET CASH FROM FINANCING | $166M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $141M |
| Short-Term Investments | $1.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $115M |
| Goodwill | $364M |
| Intangible Assets | $19M |
| Long-Term Investments | $9.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $428M |
| TOTAL NON-CURRENT ASSETS | $10.6B |
| TOTAL ASSETS | $11.8B |
| Account Payables | $0 |
| Short-Term Debt | $78M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.9B |
| TOTAL CURRENT LIABILITIES | $9.9B |
| Long-Term Debt | $259M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $137M |
| TOTAL NON-CURRENT LIABILITIES | $400M |
| TOTAL LIABILITIES | $10.3B |
| Common Stock | $124M |
| Additional Paid-In Capital | $633M |
| Retained Earnings | $991M |
| Treasury Stock | -$219M |
| Accum. Other Comp. Income | -$81M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $11.8B |
| Total Debt | $340M |
| Net Debt | $199M |
