| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $233M | $241M | $268M | -3.6% | -13.1% |
| Op. Income | $28M | $30M | $36M | -8.5% | -22.4% |
| Gross Margin | 48.0% | 44.3% | 45.1% | 3.7pp | 2.9pp |
| Net Margin | 9.1% | 10.1% | 9.7% | -1.0pp | -0.6pp |
| EPS (Diluted) | $0.17 | $0.20 | $0.21 | -15.0% | -19.0% |
| Free Cash Flow | $24M | $47M | $28M | -49.3% | -12.7% |
| Item | Amount |
|---|---|
| REVENUE | $233M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $51M |
| SG&A Expenses | $51M |
| Other Expenses | $33M |
| Operating Expenses | $84M |
| Cost & Expenses | $205M |
| OPERATING INCOME | $28M |
| Interest Income | $217M |
| Interest Expense | $116M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $0 |
| EBIT | $28M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $233M |
| Cost of Revenue | $121M |
| GROSS PROFIT | $112M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $51M |
| SG&A Expenses | $51M |
| Other Expenses | $33M |
| Operating Expenses | $84M |
| Cost & Expenses | $205M |
| OPERATING INCOME | $28M |
| Interest Income | $217M |
| Interest Expense | $116M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $0 |
| EBIT | $28M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$100M |
| Sales/Maturities of Investments | $74M |
| Other Investing Activities | $274M |
| NET CASH FROM INVESTING | $246M |
| Net Debt Issuance | -$139M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $161M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $275M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $733M |
| Short-Term Investments | $4M |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $787M |
| PP&E (Net) | $89M |
| Goodwill | $464M |
| Intangible Assets | $2M |
| Long-Term Investments | $15.4B |
| Tax Assets | $127M |
| Other Non-Current Assets | $209M |
| TOTAL NON-CURRENT ASSETS | $16.3B |
| TOTAL ASSETS | $17.1B |
| Account Payables | $81M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.5B |
| TOTAL CURRENT LIABILITIES | $14.6B |
| Long-Term Debt | $210M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $88M |
| TOTAL NON-CURRENT LIABILITIES | $339M |
| TOTAL LIABILITIES | $14.9B |
| Common Stock | $138.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $1.2B |
| Treasury Stock | -$265M |
| Accum. Other Comp. Income | -$206M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $17.1B |
| Total Debt | $251M |
| Net Debt | -$483M |
