| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $268M | $124M | — | 116.8% | — |
| Op. Income | $43M | $4M | — | 955.3% | — |
| Gross Margin | 74.9% | 72.7% | — | 2.2pp | — |
| Net Margin | 14.1% | 4.3% | — | 9.8pp | — |
| EPS (Diluted) | $0.63 | $0.09 | — | 621.6% | — |
| Free Cash Flow | $86M | $14M | — | 514.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $268M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $201M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $158M |
| Other Expenses | $0 |
| Operating Expenses | $158M |
| Cost & Expenses | $225M |
| OPERATING INCOME | $43M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $3M |
| EBIT | $43M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $268M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $201M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $158M |
| Other Expenses | $0 |
| Operating Expenses | $158M |
| Cost & Expenses | $225M |
| OPERATING INCOME | $43M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $3M |
| EBIT | $43M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$302.0K |
| Other Non-Cash Items | -$31.0K |
| Change in Working Capital | $41M |
| OPERATING CASH FLOW | $88M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $86M |
| Net Change in Cash | $87M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $137M |
| Short-Term Investments | $50M |
| Net Receivables | $13M |
| Inventory | $96M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $315M |
| PP&E (Net) | $35M |
| Goodwill | $65M |
| Intangible Assets | $37M |
| Long-Term Investments | $70M |
| Tax Assets | $9M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $219M |
| TOTAL ASSETS | $534M |
| Account Payables | $121M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $170M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $205M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $86M |
| Retained Earnings | $241M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $330M |
| Minority Interest | $0 |
| TOTAL EQUITY | $330M |
| TOTAL LIABILITIES & EQUITY | $534M |
| Total Debt | $24M |
| Net Debt | -$113M |
