| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $252M | $263M | $254M | -4.3% | -1.1% |
| Op. Income | $121M | $134M | $123M | -9.4% | -1.7% |
| Gross Margin | 77.4% | 78.7% | 75.8% | -1.2pp | 1.6pp |
| Net Margin | 38.5% | 43.8% | 38.3% | -5.3pp | 0.2pp |
| EPS (Diluted) | $1.56 | $1.85 | $1.56 | -15.7% | 0.0% |
| Free Cash Flow | $133M | $117M | $129M | 14.2% | 3.3% |
| Item | Amount |
|---|---|
| REVENUE | $252M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $195M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $40M |
| SG&A Expenses | $42M |
| Other Expenses | $32M |
| Operating Expenses | $74M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $121M |
| Interest Income | $215M |
| Interest Expense | $53M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $97M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $6M |
| EBIT | $121M |
| EBITDA | $127M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $252M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $195M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $40M |
| SG&A Expenses | $42M |
| Other Expenses | $32M |
| Operating Expenses | $74M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $121M |
| Interest Income | $215M |
| Interest Expense | $53M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $97M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $6M |
| EBIT | $121M |
| EBITDA | $127M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $97M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $45.0K |
| Deferred Income Tax | $405.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $140M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$201M |
| Sales/Maturities of Investments | $205M |
| Other Investing Activities | -$271M |
| NET CASH FROM INVESTING | -$275M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$44M |
| Other Financing Activities | $395M |
| NET CASH FROM FINANCING | $372M |
| FREE CASH FLOW | $133M |
| Net Change in Cash | $237M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $589M |
| Short-Term Investments | $2M |
| Net Receivables | $72M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $664M |
| PP&E (Net) | $430M |
| Goodwill | $283M |
| Intangible Assets | $0 |
| Long-Term Investments | $12.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.2B |
| TOTAL NON-CURRENT ASSETS | $15.6B |
| TOTAL ASSETS | $16.3B |
| Account Payables | $0 |
| Short-Term Debt | $590M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.5B |
| TOTAL CURRENT LIABILITIES | $13.0B |
| Long-Term Debt | $139M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $193M |
| TOTAL NON-CURRENT LIABILITIES | $333M |
| TOTAL LIABILITIES | $13.4B |
| Common Stock | $97M |
| Additional Paid-In Capital | $160M |
| Retained Earnings | $3.4B |
| Treasury Stock | -$436M |
| Accum. Other Comp. Income | -$334M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $16.3B |
| Total Debt | $729M |
| Net Debt | $140M |
