| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $253M | $257M | $263M | -1.9% | -3.8% |
| Op. Income | $63M | $77M | $55M | -17.5% | 15.4% |
| Gross Margin | 61.8% | 59.4% | 57.8% | 2.4pp | 4.0pp |
| Net Margin | 21.9% | 25.0% | 18.3% | -3.1pp | 3.7pp |
| EPS (Diluted) | $0.94 | $1.10 | $0.80 | -14.5% | 17.5% |
| Free Cash Flow | $62M | $68M | $59M | -8.6% | 4.8% |
| Item | Amount |
|---|---|
| REVENUE | $253M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $156M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $59M |
| SG&A Expenses | $60M |
| Other Expenses | $33M |
| Operating Expenses | $93M |
| Cost & Expenses | $189M |
| OPERATING INCOME | $63M |
| Interest Income | $223M |
| Interest Expense | $92M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $8M |
| EBIT | $63M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $253M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $156M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $59M |
| SG&A Expenses | $60M |
| Other Expenses | $33M |
| Operating Expenses | $93M |
| Cost & Expenses | $189M |
| OPERATING INCOME | $63M |
| Interest Income | $223M |
| Interest Expense | $92M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $8M |
| EBIT | $63M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$652.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$861.0K |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | -$178M |
| NET CASH FROM INVESTING | -$160M |
| Net Debt Issuance | $185M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$59M |
| NET CASH FROM FINANCING | $97M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $418M |
| Short-Term Investments | $1.1B |
| Net Receivables | $88M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $129M |
| Goodwill | $712M |
| Intangible Assets | $18M |
| Long-Term Investments | $15.2B |
| Tax Assets | $88M |
| Other Non-Current Assets | $724M |
| TOTAL NON-CURRENT ASSETS | $16.9B |
| TOTAL ASSETS | $18.4B |
| Account Payables | $13M |
| Short-Term Debt | $308M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.5B |
| TOTAL CURRENT LIABILITIES | $14.8B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $289M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $16.1B |
| Common Stock | $7M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$190M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $18.4B |
| Total Debt | $1.3B |
| Net Debt | $925M |
