| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $206M | $203M | $196M | 1.7% | 5.2% |
| Op. Income | $41M | $44M | $34M | -6.3% | 20.7% |
| Gross Margin | 63.6% | 63.5% | 63.2% | 0.1pp | 0.4pp |
| Net Margin | 15.2% | 16.8% | 13.3% | -1.5pp | 2.0pp |
| EPS (Diluted) | $0.37 | $0.40 | $0.31 | -7.5% | 19.4% |
| Free Cash Flow | $28M | $45M | $24M | -38.0% | 16.2% |
| Item | Amount |
|---|---|
| REVENUE | $206M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $131M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $53M |
| SG&A Expenses | $56M |
| Other Expenses | $34M |
| Operating Expenses | $90M |
| Cost & Expenses | $166M |
| OPERATING INCOME | $41M |
| Interest Income | $184M |
| Interest Expense | $66M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $9M |
| 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 | $6M |
| EBIT | $41M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $206M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $131M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $53M |
| SG&A Expenses | $56M |
| Other Expenses | $34M |
| Operating Expenses | $90M |
| Cost & Expenses | $166M |
| OPERATING INCOME | $41M |
| Interest Income | $184M |
| Interest Expense | $66M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $9M |
| 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 | $6M |
| EBIT | $41M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $857.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$486M |
| Sales/Maturities of Investments | $132M |
| Other Investing Activities | -$156M |
| NET CASH FROM INVESTING | -$513M |
| Net Debt Issuance | $220M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $302M |
| NET CASH FROM FINANCING | $506M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $502M |
| Short-Term Investments | $2.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $108M |
| Goodwill | $732M |
| Intangible Assets | $66M |
| Long-Term Investments | $10.9B |
| Tax Assets | $94M |
| Other Non-Current Assets | $658M |
| TOTAL NON-CURRENT ASSETS | $12.6B |
| TOTAL ASSETS | $15.7B |
| Account Payables | $0 |
| Short-Term Debt | $201M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.6B |
| TOTAL CURRENT LIABILITIES | $12.8B |
| Long-Term Debt | $572M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $155M |
| TOTAL NON-CURRENT LIABILITIES | $727M |
| TOTAL LIABILITIES | $13.5B |
| Common Stock | $9M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $543M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | -$131M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $15.7B |
| Total Debt | $773M |
| Net Debt | $271M |
