| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $345M | $373M | $367M | -7.4% | -5.9% |
| Op. Income | $66M | $67M | $77M | -0.4% | -13.4% |
| Gross Margin | 65.7% | 61.1% | 64.6% | 4.7pp | 1.2pp |
| Net Margin | 14.5% | 14.0% | 15.9% | 0.6pp | -1.4pp |
| EPS (Diluted) | $0.49 | $0.50 | $0.57 | -2.0% | -14.0% |
| Free Cash Flow | $74M | $89M | $81M | -16.1% | -8.0% |
| Item | Amount |
|---|---|
| REVENUE | $345M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $227M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $93M |
| SG&A Expenses | $93M |
| Other Expenses | $68M |
| Operating Expenses | $161M |
| Cost & Expenses | $279M |
| OPERATING INCOME | $66M |
| Interest Income | $303M |
| Interest Expense | $98M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $11M |
| EBIT | $66M |
| EBITDA | $77M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $345M |
| Cost of Revenue | $118M |
| GROSS PROFIT | $227M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $93M |
| SG&A Expenses | $93M |
| Other Expenses | $68M |
| Operating Expenses | $161M |
| Cost & Expenses | $279M |
| OPERATING INCOME | $66M |
| Interest Income | $303M |
| Interest Expense | $98M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $11M |
| EBIT | $66M |
| EBITDA | $77M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $79M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $364M |
| Other Investing Activities | $487M |
| NET CASH FROM INVESTING | $834M |
| Net Debt Issuance | -$608M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$48M |
| Other Financing Activities | -$279M |
| NET CASH FROM FINANCING | -$937M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $871M |
| Short-Term Investments | $111M |
| Net Receivables | $108M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $429M |
| Goodwill | $1.1B |
| Intangible Assets | $88M |
| Long-Term Investments | $24.8B |
| Tax Assets | $93M |
| Other Non-Current Assets | $698M |
| TOTAL NON-CURRENT ASSETS | $27.2B |
| TOTAL ASSETS | $28.3B |
| Account Payables | $399M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22.7B |
| TOTAL CURRENT LIABILITIES | $24.4B |
| Long-Term Debt | $543M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $548M |
| TOTAL LIABILITIES | $24.9B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$268M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $28.3B |
| Total Debt | $1.8B |
| Net Debt | $910M |
