| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $317M | $322M | $304M | -1.7% | 4.4% |
| Op. Income | $63M | $73M | $36M | -13.6% | 74.5% |
| Gross Margin | 66.0% | 64.6% | 60.1% | 1.4pp | 5.9pp |
| Net Margin | 17.2% | 19.2% | 10.7% | -1.9pp | 6.5pp |
| EPS (Diluted) | $0.48 | $0.54 | $0.29 | -11.1% | 65.5% |
| Free Cash Flow | $47M | $81M | -$63M | -42.3% | 173.8% |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $108M |
| GROSS PROFIT | $209M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $99M |
| SG&A Expenses | $103M |
| Other Expenses | $43M |
| Operating Expenses | $146M |
| Cost & Expenses | $253M |
| OPERATING INCOME | $63M |
| Interest Income | $290M |
| Interest Expense | $100M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $9M |
| 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 | $11M |
| EBIT | $63M |
| EBITDA | $74M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $317M |
| Cost of Revenue | $108M |
| GROSS PROFIT | $209M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $99M |
| SG&A Expenses | $103M |
| Other Expenses | $43M |
| Operating Expenses | $146M |
| Cost & Expenses | $253M |
| OPERATING INCOME | $63M |
| Interest Income | $290M |
| Interest Expense | $100M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $9M |
| 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 | $11M |
| EBIT | $63M |
| EBITDA | $74M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$44M |
| Sales/Maturities of Investments | $209M |
| Other Investing Activities | $47M |
| NET CASH FROM INVESTING | $206M |
| Net Debt Issuance | -$281M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$363.0K |
| Other Financing Activities | $159M |
| NET CASH FROM FINANCING | -$125M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | $133M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $981M |
| Short-Term Investments | $3.8B |
| Net Receivables | $104M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $466M |
| Goodwill | $1.1B |
| Intangible Assets | $48M |
| Long-Term Investments | $20.7B |
| Tax Assets | $123M |
| Other Non-Current Assets | $515M |
| TOTAL NON-CURRENT ASSETS | $22.9B |
| TOTAL ASSETS | $27.9B |
| Account Payables | $30M |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20.6B |
| TOTAL CURRENT LIABILITIES | $22.5B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $283M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $24.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$263M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $27.9B |
| Total Debt | $3.6B |
| Net Debt | $2.6B |
