| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $121M | $129M | $119M | -6.5% | 1.9% |
| Op. Income | $45M | $49M | $43M | -9.7% | 4.7% |
| Gross Margin | 56.1% | 54.4% | 55.6% | 1.7pp | 0.4pp |
| Net Margin | 25.8% | 26.9% | 25.3% | -1.2pp | 0.4pp |
| EPS (Diluted) | $2.53 | $2.79 | $2.23 | -9.3% | 13.5% |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $5M |
| Operating Expenses | $23M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $45M |
| Interest Income | $117M |
| Interest Expense | $52M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $0 |
| EBIT | $45M |
| EBITDA | $45M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $121M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $68M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $5M |
| Operating Expenses | $23M |
| Cost & Expenses | $76M |
| OPERATING INCOME | $45M |
| Interest Income | $117M |
| Interest Expense | $52M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $0 |
| EBIT | $45M |
| EBITDA | $45M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $805M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $840M |
| PP&E (Net) | $39M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6.7B |
| Tax Assets | $43M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $6.8B |
| TOTAL ASSETS | $7.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $349M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.5B |
| TOTAL NON-CURRENT LIABILITIES | $6.9B |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $211M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $802M |
| Treasury Stock | -$334M |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $109M |
| TOTAL STOCKHOLDERS' EQUITY | $770M |
| Minority Interest | $0 |
| TOTAL EQUITY | $770M |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $383M |
| Net Debt | -$422M |
