| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $177M | $141M | $144M | 25.8% | 22.8% |
| Op. Income | $26M | $28M | $30M | -8.0% | -13.1% |
| Gross Margin | 69.3% | 71.5% | 62.9% | -2.2pp | 6.4pp |
| Net Margin | 11.7% | 11.4% | 16.8% | 0.3pp | -5.1pp |
| EPS (Diluted) | $0.54 | $0.42 | $0.63 | 28.6% | -14.3% |
| Item | Amount |
|---|---|
| REVENUE | $177M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $95M |
| Operating Expenses | $97M |
| Cost & Expenses | $151M |
| OPERATING INCOME | $26M |
| Interest Income | $159M |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| 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 | $26M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $177M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $95M |
| Operating Expenses | $97M |
| Cost & Expenses | $151M |
| OPERATING INCOME | $26M |
| Interest Income | $159M |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $5M |
| 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 | $26M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $473M |
| Short-Term Investments | $605M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $236M |
| Goodwill | $455M |
| Intangible Assets | $67M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $758M |
| TOTAL ASSETS | $12.6B |
| Account Payables | $0 |
| Short-Term Debt | $17M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $17M |
| Long-Term Debt | $202M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.7B |
| TOTAL NON-CURRENT LIABILITIES | $10.9B |
| TOTAL LIABILITIES | $10.9B |
| Common Stock | $588.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $579M |
| Treasury Stock | -$320M |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $12.6B |
| Total Debt | $219M |
| Net Debt | -$254M |
