| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $145M | — | $120M | — | 20.4% |
| Op. Income | $80M | — | $95M | — | -15.1% |
| Gross Margin | 87.3% | — | 81.9% | — | 5.3pp |
| Net Margin | 40.1% | — | 78.8% | — | -38.6pp |
| EPS (Diluted) | $2.55 | — | $4.34 | — | -41.2% |
| Free Cash Flow | $44M | — | $3M | — | 1246.5% |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $44M |
| Operating Expenses | $46M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $80M |
| Interest Income | $87M |
| Interest Expense | $20M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | -$919.0K |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $42M |
| EBIT | $80M |
| EBITDA | $122M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $145M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $44M |
| Operating Expenses | $46M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $80M |
| Interest Income | $87M |
| Interest Expense | $20M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | -$919.0K |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $42M |
| EBIT | $80M |
| EBITDA | $122M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$402M |
| Sales/Maturities of Investments | $353M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $70M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$55M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $43M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $859M |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $865M |
| TOTAL ASSETS | $908M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $398M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $421M |
| TOTAL LIABILITIES | $426M |
| Common Stock | $45.0K |
| Additional Paid-In Capital | $502M |
| Retained Earnings | $5M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | -$25M |
| TOTAL STOCKHOLDERS' EQUITY | $482M |
| Minority Interest | $0 |
| TOTAL EQUITY | $482M |
| TOTAL LIABILITIES & EQUITY | $908M |
| Total Debt | $398M |
| Net Debt | $365M |
