| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $351M | $366M | $363M | -4.2% | -3.2% |
| Op. Income | $38M | $54M | $45M | -29.3% | -15.1% |
| Gross Margin | 51.2% | 52.4% | 50.1% | -1.2pp | 1.1pp |
| Net Margin | 9.2% | 13.2% | 10.7% | -4.0pp | -1.5pp |
| EPS (Diluted) | $0.26 | $0.38 | $0.31 | -31.6% | -16.1% |
| Free Cash Flow | $23M | $72M | $48M | -68.7% | -52.6% |
| Item | Amount |
|---|---|
| REVENUE | $351M |
| Cost of Revenue | $171M |
| GROSS PROFIT | $180M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $80M |
| SG&A Expenses | $87M |
| Other Expenses | $55M |
| Operating Expenses | $142M |
| Cost & Expenses | $313M |
| OPERATING INCOME | $38M |
| Interest Income | $308M |
| Interest Expense | $144M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $11M |
| EBIT | $38M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $351M |
| Cost of Revenue | $171M |
| GROSS PROFIT | $180M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $80M |
| SG&A Expenses | $87M |
| Other Expenses | $55M |
| Operating Expenses | $142M |
| Cost & Expenses | $313M |
| OPERATING INCOME | $38M |
| Interest Income | $308M |
| Interest Expense | $144M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $11M |
| EBIT | $38M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $30M |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $11M |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $94M |
| Other Investing Activities | -$96M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $139M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | -$188M |
| NET CASH FROM FINANCING | -$77M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $634M |
| Short-Term Investments | $2.5B |
| Net Receivables | $117M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $574M |
| Goodwill | $1.3B |
| Intangible Assets | $94M |
| Long-Term Investments | $20.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $23.5B |
| TOTAL ASSETS | $26.8B |
| Account Payables | $0 |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.7B |
| TOTAL CURRENT LIABILITIES | $21.7B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $276M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $23.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$368M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $26.8B |
| Total Debt | $1.3B |
| Net Debt | $667M |
