| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $89M | $93M | $88M | -3.9% | 1.7% |
| Op. Income | $24M | $23M | $27M | 3.5% | -10.9% |
| Gross Margin | 61.9% | 61.6% | 65.0% | 0.4pp | -3.1pp |
| Net Margin | 21.9% | 21.2% | 24.6% | 0.8pp | -2.7pp |
| EPS (Diluted) | $1.21 | $1.22 | $1.34 | -0.8% | -9.7% |
| Free Cash Flow | -$5M | $59M | $39M | -107.6% | -111.6% |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $12M |
| Operating Expenses | $31M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $24M |
| Interest Income | $80M |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $2M |
| EBIT | $24M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $89M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $12M |
| Operating Expenses | $31M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $24M |
| Interest Income | $80M |
| Interest Expense | $32M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $2M |
| EBIT | $24M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $786.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$52M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$36M |
| NET CASH FROM INVESTING | -$82M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $104M |
| NET CASH FROM FINANCING | $77M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $385M |
| Short-Term Investments | $533M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $919M |
| PP&E (Net) | $54M |
| Goodwill | $49M |
| Intangible Assets | $0 |
| Long-Term Investments | $4.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $524M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $0 |
| Short-Term Debt | $302M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.7B |
| TOTAL CURRENT LIABILITIES | $5.0B |
| Long-Term Debt | $446M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $103M |
| TOTAL NON-CURRENT LIABILITIES | $549M |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $301M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $348M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $608M |
| Minority Interest | $0 |
| TOTAL EQUITY | $608M |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $748M |
| Net Debt | $363M |
