| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $131M | $149M | $140M | -12.1% | -6.2% |
| Op. Income | $26M | $33M | $28M | -21.3% | -6.4% |
| Gross Margin | 53.6% | 56.4% | 54.5% | -2.8pp | -0.9pp |
| Net Margin | 19.6% | 20.2% | 19.1% | -0.6pp | 0.6pp |
| EPS (Diluted) | $1.52 | $1.77 | $1.58 | -14.1% | -3.8% |
| Free Cash Flow | -$13M | $163M | -$9M | -107.8% | -34.8% |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $29M |
| SG&A Expenses | $31M |
| Other Expenses | $13M |
| Operating Expenses | $44M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $26M |
| Interest Income | $117M |
| Interest Expense | $57M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $308.0K |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $3M |
| EBIT | $26M |
| EBITDA | $29M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $29M |
| SG&A Expenses | $31M |
| Other Expenses | $13M |
| Operating Expenses | $44M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $26M |
| Interest Income | $117M |
| Interest Expense | $57M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $308.0K |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $3M |
| EBIT | $26M |
| EBITDA | $29M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$48M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | -$90M |
| NET CASH FROM INVESTING | -$123M |
| Net Debt Issuance | -$140M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $276M |
| NET CASH FROM FINANCING | $134M |
| FREE CASH FLOW | -$13M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $316M |
| Short-Term Investments | $54M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $384M |
| PP&E (Net) | $166M |
| Goodwill | $139M |
| Intangible Assets | $10M |
| Long-Term Investments | $8.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $470M |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $9.2B |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.3B |
| TOTAL CURRENT LIABILITIES | $7.3B |
| Long-Term Debt | $428M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $363M |
| TOTAL NON-CURRENT LIABILITIES | $791M |
| TOTAL LIABILITIES | $8.1B |
| Common Stock | $17M |
| Additional Paid-In Capital | $375M |
| Retained Earnings | $690M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$59M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $9.2B |
| Total Debt | $430M |
| Net Debt | $114M |
