| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $184M | $182M | $167M | 0.7% | 10.1% |
| Op. Income | $67M | $67M | $58M | 0.1% | 16.3% |
| Gross Margin | 67.3% | 67.2% | 67.6% | 0.2pp | -0.3pp |
| Net Margin | 22.0% | 25.6% | 15.7% | -3.6pp | 6.2pp |
| EPS (Diluted) | $0.17 | $0.19 | $0.11 | -10.5% | 54.5% |
| Free Cash Flow | $80M | $80M | $53M | 0.4% | 52.0% |
| Item | Amount |
|---|---|
| REVENUE | $184M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $124M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $43M |
| Operating Expenses | $56M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $413.0K |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $43M |
| EBIT | $68M |
| EBITDA | $111M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $184M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $124M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $43M |
| Operating Expenses | $56M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $413.0K |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $43M |
| EBIT | $68M |
| EBITDA | $111M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$9.0K |
| Sales/Maturities of Investments | $813.0K |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$24M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$71M |
| Other Financing Activities | -$80.0K |
| NET CASH FROM FINANCING | -$101M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $126M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $155M |
| PP&E (Net) | $0 |
| Goodwill | $25M |
| Intangible Assets | $0 |
| Long-Term Investments | $183M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.9B |
| TOTAL NON-CURRENT ASSETS | $5.1B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $112M |
| TOTAL CURRENT LIABILITIES | $112M |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | -$1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $2.4B |
| Net Debt | $2.4B |
