| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $111M | $91M | $84M | 22.5% | 32.1% |
| Op. Income | $13M | $29M | $23M | -53.5% | -42.5% |
| Gross Margin | 59.5% | 71.2% | 71.3% | -11.6pp | -11.7pp |
| Net Margin | 9.5% | 25.6% | 22.6% | -16.1pp | -13.2pp |
| EPS (Diluted) | $0.30 | $0.78 | $0.64 | -61.5% | -53.1% |
| Free Cash Flow | $37M | $28M | $23M | 30.8% | 62.2% |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $22M |
| Operating Expenses | $53M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $13M |
| Interest Income | $96M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $4M |
| EBIT | $13M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $29M |
| SG&A Expenses | $30M |
| Other Expenses | $22M |
| Operating Expenses | $53M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $13M |
| Interest Income | $96M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $4M |
| EBIT | $13M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $481.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $23M |
| Purchases of Investments | -$141M |
| Sales/Maturities of Investments | $331M |
| Other Investing Activities | $339.0K |
| NET CASH FROM INVESTING | $211M |
| Net Debt Issuance | -$23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $38M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | $253M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $1.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $141M |
| Goodwill | $377M |
| Intangible Assets | $42M |
| Long-Term Investments | $6.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $639M |
| TOTAL NON-CURRENT ASSETS | $7.2B |
| TOTAL ASSETS | $8.4B |
| Account Payables | $0 |
| Short-Term Debt | $38M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.1B |
| TOTAL CURRENT LIABILITIES | $7.1B |
| Long-Term Debt | $178M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $238M |
| TOTAL LIABILITIES | $7.4B |
| Common Stock | $37M |
| Additional Paid-In Capital | $705M |
| Retained Earnings | $513M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$210M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $8.4B |
| Total Debt | $217M |
| Net Debt | $137M |
