| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $168M | $158M | $164M | 6.6% | 2.8% |
| Op. Income | -$164.0K | $17M | $28M | -101.0% | -100.6% |
| Gross Margin | 96.0% | 49.2% | 55.8% | 46.8pp | 40.2pp |
| Net Margin | 12.2% | 8.3% | 13.1% | 3.9pp | -0.9pp |
| EPS (Diluted) | $0.36 | $0.23 | $0.35 | 56.5% | 2.9% |
| Item | Amount |
|---|---|
| REVENUE | $168M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $963.0K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $62M |
| Operating Expenses | $67M |
| Cost & Expenses | $73M |
| OPERATING INCOME | -$164.0K |
| Interest Income | $0 |
| Interest Expense | $72M |
| Other Income/Expenses | $27M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $7M |
| 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 | $0 |
| EBITDA | -$164.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $137M |
| Short-Term Investments | $1.2B |
| Net Receivables | $11.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12.4B |
| PP&E (Net) | $112M |
| Goodwill | $517M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $638M |
| TOTAL ASSETS | $14.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $12.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $1.7B |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $14.6B |
| Total Debt | $0 |
| Net Debt | -$137M |
