| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $97M | $93M | $89M | 3.4% | 8.4% |
| Op. Income | $27M | $25M | $24M | 10.7% | 13.5% |
| Gross Margin | 71.3% | 65.8% | 61.9% | 5.5pp | 9.3pp |
| Net Margin | 23.5% | 24.5% | 21.9% | -1.0pp | 1.6pp |
| EPS (Diluted) | $1.32 | $1.40 | $1.21 | -5.7% | 9.1% |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $14M |
| Operating Expenses | $42M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $27M |
| Interest Income | $85M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $0 |
| EBIT | $27M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $97M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $27M |
| SG&A Expenses | $27M |
| Other Expenses | $14M |
| Operating Expenses | $42M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $27M |
| Interest Income | $85M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $0 |
| EBIT | $27M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $48M |
| PP&E (Net) | $62M |
| Goodwill | $74M |
| Intangible Assets | $18M |
| Long-Term Investments | $6.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $305M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $6.9B |
| Account Payables | $0 |
| Short-Term Debt | $220M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $220M |
| Long-Term Debt | $484M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.5B |
| TOTAL NON-CURRENT LIABILITIES | $6.0B |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $351M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $415M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $737M |
| Minority Interest | $0 |
| TOTAL EQUITY | $737M |
| TOTAL LIABILITIES & EQUITY | $6.9B |
| Total Debt | $703M |
| Net Debt | $655M |
