| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $198M | $209M | $198M | -5.1% | 0.2% |
| Op. Income | $55M | $61M | $54M | -10.1% | 1.2% |
| Gross Margin | 74.7% | 72.7% | 72.1% | 1.9pp | 2.5pp |
| Net Margin | 27.1% | 28.5% | 27.0% | -1.4pp | 0.1pp |
| EPS (Diluted) | $1.23 | $1.37 | $1.13 | -10.2% | 8.8% |
| Free Cash Flow | $55M | $28M | $26M | 95.9% | 111.8% |
| Item | Amount |
|---|---|
| REVENUE | $198M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $148M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $46M |
| SG&A Expenses | $47M |
| Other Expenses | $46M |
| Operating Expenses | $93M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $55M |
| Interest Income | $140M |
| Interest Expense | $51M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $13M |
| EBIT | $55M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $198M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $148M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $46M |
| SG&A Expenses | $47M |
| Other Expenses | $46M |
| Operating Expenses | $93M |
| Cost & Expenses | $144M |
| OPERATING INCOME | $55M |
| Interest Income | $140M |
| Interest Expense | $51M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $13M |
| EBIT | $55M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$429.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$691M |
| Sales/Maturities of Investments | $603M |
| Other Investing Activities | $506M |
| NET CASH FROM INVESTING | $411M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$332M |
| NET CASH FROM FINANCING | -$392M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $98M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $2.0B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $193M |
| Goodwill | $24M |
| Intangible Assets | $65M |
| Long-Term Investments | $6.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $9.9B |
| TOTAL ASSETS | $14.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.6B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $99M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $256M |
| TOTAL NON-CURRENT LIABILITIES | $354M |
| TOTAL LIABILITIES | $13.0B |
| Common Stock | $428.0K |
| Additional Paid-In Capital | $899M |
| Retained Earnings | $440M |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | -$257M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $14.0B |
| Total Debt | $99M |
| Net Debt | -$2.0B |
