| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $149M | $139M | $155M | 7.3% | -3.7% |
| Op. Income | $29M | $18M | $29M | 58.6% | -1.1% |
| Gross Margin | 61.5% | 59.7% | 55.9% | 1.8pp | 5.6pp |
| Net Margin | 15.0% | 10.3% | 14.6% | 4.8pp | 0.4pp |
| EPS (Diluted) | $0.71 | $0.46 | $0.73 | 54.3% | -2.7% |
| Free Cash Flow | $32M | $24M | $23M | 32.3% | 39.1% |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $92M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $38M |
| SG&A Expenses | $39M |
| Other Expenses | $24M |
| Operating Expenses | $63M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $29M |
| Interest Income | $133M |
| Interest Expense | $54M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $5M |
| EBIT | $29M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $149M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $92M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $38M |
| SG&A Expenses | $39M |
| Other Expenses | $24M |
| Operating Expenses | $63M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $29M |
| Interest Income | $133M |
| Interest Expense | $54M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $5M |
| EBIT | $29M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$75M |
| Sales/Maturities of Investments | $33M |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | -$73M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $115M |
| NET CASH FROM FINANCING | $38M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $486M |
| Short-Term Investments | $820M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $124M |
| Goodwill | $129M |
| Intangible Assets | $38M |
| Long-Term Investments | $7.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $291M |
| TOTAL NON-CURRENT ASSETS | $8.4B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $0 |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.3B |
| TOTAL CURRENT LIABILITIES | $8.3B |
| Long-Term Debt | $96M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $130M |
| TOTAL NON-CURRENT LIABILITIES | $225M |
| TOTAL LIABILITIES | $8.6B |
| Common Stock | $156M |
| Additional Paid-In Capital | $539M |
| Retained Earnings | $576M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$90M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $102M |
| Net Debt | -$384M |
