| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $252M | $267M | $249M | -5.5% | 1.2% |
| Op. Income | $101M | $108M | $79M | -6.2% | 27.7% |
| Gross Margin | 58.8% | 57.8% | 50.2% | 1.0pp | 8.6pp |
| Net Margin | 32.9% | 32.3% | 25.4% | 0.5pp | 7.5pp |
| EPS (Diluted) | $1.52 | $1.58 | $1.16 | -3.8% | 31.0% |
| Item | Amount |
|---|---|
| REVENUE | $252M |
| Cost of Revenue | $104M |
| GROSS PROFIT | $148M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | $17M |
| Operating Expenses | $47M |
| Cost & Expenses | $151M |
| OPERATING INCOME | $101M |
| Interest Income | $241M |
| Interest Expense | $93M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $0 |
| EBIT | $101M |
| EBITDA | $101M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $252M |
| Cost of Revenue | $104M |
| GROSS PROFIT | $148M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | $17M |
| Operating Expenses | $47M |
| Cost & Expenses | $151M |
| OPERATING INCOME | $101M |
| Interest Income | $241M |
| Interest Expense | $93M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $0 |
| EBIT | $101M |
| EBITDA | $101M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $101M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $101M |
| PP&E (Net) | $62M |
| Goodwill | $14M |
| Intangible Assets | $0 |
| Long-Term Investments | $17.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $777M |
| TOTAL NON-CURRENT ASSETS | $18.1B |
| TOTAL ASSETS | $18.2B |
| Account Payables | $0 |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $35M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14.7B |
| TOTAL NON-CURRENT LIABILITIES | $14.7B |
| TOTAL LIABILITIES | $16.3B |
| Common Stock | $55.0K |
| Additional Paid-In Capital | $239M |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $500.0K |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $18.2B |
| Total Debt | $1.6B |
| Net Debt | $1.5B |
