| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $252M | — | — | — | — |
| Op. Income | $177M | — | — | — | — |
| Gross Margin | 78.1% | — | — | — | — |
| Net Margin | 28.2% | — | — | — | — |
| EPS (Diluted) | $0.30 | — | — | — | — |
| Free Cash Flow | $73M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $252M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $197M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $177M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$103M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $78M |
| EBIT | $88M |
| EBITDA | $166M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $252M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $197M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $177M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$103M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $78M |
| EBIT | $88M |
| EBITDA | $166M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $71M |
| Depreciation & Amortization | $78M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $153M |
| Capital Expenditure | -$79M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $50M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$239.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$98M |
| NET CASH FROM FINANCING | $375M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | $499M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $505M |
| Short-Term Investments | $0 |
| Net Receivables | $308M |
| Inventory | $0 |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $881M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $188M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12.0B |
| TOTAL NON-CURRENT ASSETS | $12.2B |
| TOTAL ASSETS | $13.1B |
| Account Payables | $142M |
| Short-Term Debt | $0 |
| Deferred Revenue | $179M |
| Other Current Liabilities | $234.0K |
| TOTAL CURRENT LIABILITIES | $426M |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $137M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $9.1B |
| Retained Earnings | -$475M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.8B |
| Minority Interest | $372M |
| TOTAL EQUITY | $9.2B |
| TOTAL LIABILITIES & EQUITY | $13.1B |
| Total Debt | $3.3B |
| Net Debt | $2.8B |
