| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $52M | $49M | -6.8% | -1.3% |
| Op. Income | $0 | $13M | $11M | -100.0% | -100.0% |
| Net Margin | 21.8% | 17.6% | 15.6% | 4.2pp | 6.2pp |
| EPS (Diluted) | $0.74 | $0.64 | $0.53 | 15.6% | 39.6% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $0 |
| R&D Expenses | $0 |
| Selling & Marketing | $456.0K |
| General & Administrative | $534.0K |
| SG&A Expenses | $990.0K |
| Other Expenses | $0 |
| Operating Expenses | $990.0K |
| Cost & Expenses | $0 |
| OPERATING INCOME | $0 |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $0 |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $170M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $206M |
| PP&E (Net) | $24M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $3.4B |
| Account Payables | $0 |
| Short-Term Debt | $18M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.0B |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $139M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $194M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $397M |
| Minority Interest | $0 |
| TOTAL EQUITY | $397M |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $18M |
| Net Debt | -$6M |
