| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $249M | $270M | $253M | -7.9% | -1.6% |
| Op. Income | $27M | $65M | $63M | -58.6% | -57.2% |
| Net Margin | 11.3% | 21.2% | 21.9% | -9.8pp | -10.6pp |
| EPS (Diluted) | $0.46 | $0.99 | $0.94 | -53.5% | -51.1% |
| Item | Amount |
|---|---|
| REVENUE | $249M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $0 |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $97M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $0 |
| EBIT | $27M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $1.4B |
| Net Receivables | $97M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $146M |
| Goodwill | $783M |
| Intangible Assets | $42M |
| Long-Term Investments | $0 |
| Tax Assets | $117M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $21.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18.4B |
| TOTAL NON-CURRENT LIABILITIES | $18.4B |
| TOTAL LIABILITIES | $18.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$149M |
| Other Equity | $1.4B |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $21.1B |
| Total Debt | $0 |
| Net Debt | -$98M |
