| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $612M | $666M | $554M | -8.1% | 10.4% |
| Op. Income | $6M | $35M | $7M | -83.3% | -17.4% |
| Gross Margin | 97.1% | 96.9% | 96.9% | 0.2pp | 0.2pp |
| Net Margin | 0.5% | 3.4% | 0.6% | -2.9pp | -0.1pp |
| EPS (Diluted) | $0.11 | $0.80 | $0.11 | -86.3% | 0.0% |
| Free Cash Flow | -$42M | $56M | -$40M | -176.0% | -6.1% |
| Item | Amount |
|---|---|
| REVENUE | $612M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $594M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $186M |
| SG&A Expenses | $186M |
| Other Expenses | $403M |
| Operating Expenses | $588M |
| Cost & Expenses | $606M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $484.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $15M |
| EBIT | $11M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $612M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $594M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $186M |
| SG&A Expenses | $186M |
| Other Expenses | $403M |
| Operating Expenses | $588M |
| Cost & Expenses | $606M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $484.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $15M |
| EBIT | $11M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$51M |
| OPERATING CASH FLOW | -$30M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $28M |
| Other Investing Activities | -$581.0K |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$120.0K |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | -$42M |
| Net Change in Cash | -$68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $149M |
| Short-Term Investments | $46M |
| Net Receivables | $157M |
| Inventory | $0 |
| Other Current Assets | -$351M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $184M |
| Goodwill | $1.1B |
| Intangible Assets | $240M |
| Long-Term Investments | $721M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$2.2B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $2.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $446M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $30M |
| Other Non-Current Liabilities | -$590M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $362M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.1B |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $7M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $560M |
| Net Debt | $412M |
