| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $57M | $51M | -4.2% | 6.7% |
| Op. Income | $10M | $14M | $9M | -29.0% | 4.6% |
| Gross Margin | 64.7% | 70.0% | 66.1% | -5.2pp | -1.4pp |
| Net Margin | 14.3% | 14.7% | 15.6% | -0.4pp | -1.3pp |
| EPS (Diluted) | $1.02 | $1.10 | $1.01 | -7.3% | 1.0% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $309.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $24M |
| Operating Expenses | $26M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $10M |
| Interest Income | $49M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $0 |
| EBIT | $10M |
| EBITDA | $10M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $309.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $24M |
| Operating Expenses | $26M |
| Cost & Expenses | $45M |
| OPERATING INCOME | $10M |
| Interest Income | $49M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $0 |
| EBIT | $10M |
| EBITDA | $10M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $271M |
| Net Receivables | $2.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $44M |
| Goodwill | $4M |
| Intangible Assets | $10M |
| Long-Term Investments | $3.0B |
| Tax Assets | $7M |
| Other Non-Current Assets | -$3.0B |
| TOTAL NON-CURRENT ASSETS | $64M |
| TOTAL ASSETS | $3.2B |
| Account Payables | $0 |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $217M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.7B |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $75.0K |
| Additional Paid-In Capital | $44M |
| Retained Earnings | $286M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $314M |
| Minority Interest | $0 |
| TOTAL EQUITY | $314M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $6M |
| Net Debt | -$7M |
