| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $213M | $210M | 451.7% | 459.7% |
| Op. Income | $970M | -$162M | -$45M | 697.5% | 2234.6% |
| Gross Margin | 98.9% | 92.4% | 93.0% | 6.5pp | 5.9pp |
| Net Margin | 73.7% | -30.9% | -43.6% | 104.6pp | 117.3pp |
| EPS (Diluted) | $10.04 | $-0.85 | $-1.20 | 1281.2% | 936.7% |
| Free Cash Flow | $868M | -$37M | $6M | 2476.8% | 13434.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $13M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $109M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $81M |
| Other Expenses | $3M |
| Operating Expenses | $193M |
| Cost & Expenses | $206M |
| OPERATING INCOME | $970M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $930M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $867M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $867M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $867M |
| D&A | $7M |
| EBIT | $964M |
| EBITDA | $971M |
| EPS | $11 |
| EPS Diluted | $10 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $13M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $109M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $81M |
| Other Expenses | $3M |
| Operating Expenses | $193M |
| Cost & Expenses | $206M |
| OPERATING INCOME | $970M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $930M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $867M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $867M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $867M |
| D&A | $7M |
| EBIT | $964M |
| EBITDA | $971M |
| EPS | $11 |
| EPS Diluted | $10 |
| Item | Amount |
|---|---|
| Net Income | $867M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $2.0K |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $870M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$328M |
| Sales/Maturities of Investments | $146M |
| Other Investing Activities | -$738.0K |
| NET CASH FROM INVESTING | -$184M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $868M |
| Net Change in Cash | $701M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $547M |
| Net Receivables | $210M |
| Inventory | $22M |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $117M |
| Goodwill | $82M |
| Intangible Assets | $118M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $339M |
| TOTAL ASSETS | $2.7B |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $13M |
| Other Current Liabilities | $341M |
| TOTAL CURRENT LIABILITIES | $595M |
| Long-Term Debt | $286M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $78.0K |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | -$2.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$186M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$186M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $390M |
| Net Debt | -$1.1B |
