| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $368M | $321M | $257M | 14.8% | 43.5% |
| Op. Income | $254M | $217M | $158M | 16.6% | 60.2% |
| Gross Margin | 71.0% | 70.6% | 64.3% | 0.4pp | 6.7pp |
| Net Margin | 56.9% | 54.6% | 56.3% | 2.3pp | 0.7pp |
| EPS (Diluted) | $1.09 | $0.91 | $0.75 | 19.8% | 45.3% |
| Free Cash Flow | -$220M | $238M | $31M | -192.1% | -801.3% |
| Item | Amount |
|---|---|
| REVENUE | $368M |
| Cost of Revenue | $107M |
| GROSS PROFIT | $262M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | -$6M |
| Operating Expenses | $8M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $254M |
| Interest Income | $11M |
| Interest Expense | $697.9K |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $270M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $210M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $210M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $210M |
| D&A | $68M |
| EBIT | $270M |
| EBITDA | $339M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $368M |
| Cost of Revenue | $107M |
| GROSS PROFIT | $262M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | -$6M |
| Operating Expenses | $8M |
| Cost & Expenses | $115M |
| OPERATING INCOME | $254M |
| Interest Income | $11M |
| Interest Expense | $697.9K |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $270M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $210M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $210M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $210M |
| D&A | $68M |
| EBIT | $270M |
| EBITDA | $339M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $210M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $289M |
| Capital Expenditure | -$508M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$52M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$551M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$70M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | -$220M |
| Net Change in Cash | -$323M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $172M |
| Inventory | $89M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $4.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $540M |
| Tax Assets | $27M |
| Other Non-Current Assets | $153M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $6.7B |
| Account Payables | $31M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $61M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $265M |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $300M |
| TOTAL LIABILITIES | $361M |
| Common Stock | $5.8B |
| Additional Paid-In Capital | $18M |
| Retained Earnings | $626M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$134M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.3B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $0 |
| Net Debt | -$1.1B |
