| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $223M | $194M | $165M | 15.3% | 35.3% |
| Op. Income | $75M | $76M | $75M | -1.5% | 0.4% |
| Gross Margin | 57.5% | 66.2% | 73.6% | -8.7pp | -16.1pp |
| Net Margin | 25.6% | 28.9% | 34.2% | -3.3pp | -8.6pp |
| EPS (Diluted) | $1.19 | $1.15 | $1.06 | 3.5% | 12.3% |
| Free Cash Flow | $130M | $86M | $74M | 52.3% | 77.0% |
| Item | Amount |
|---|---|
| REVENUE | $223M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $129M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $38M |
| SG&A Expenses | $38M |
| Other Expenses | $16M |
| Operating Expenses | $53M |
| Cost & Expenses | $148M |
| OPERATING INCOME | $75M |
| Interest Income | $140M |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $1M |
| EBIT | $75M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $223M |
| Cost of Revenue | $95M |
| GROSS PROFIT | $129M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $38M |
| SG&A Expenses | $38M |
| Other Expenses | $16M |
| Operating Expenses | $53M |
| Cost & Expenses | $148M |
| OPERATING INCOME | $75M |
| Interest Income | $140M |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $1M |
| EBIT | $75M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $38M |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $133M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $48M |
| Other Investing Activities | -$298M |
| NET CASH FROM INVESTING | -$262M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $619M |
| NET CASH FROM FINANCING | $581M |
| FREE CASH FLOW | $130M |
| Net Change in Cash | $451M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $48M |
| Net Receivables | $739M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $27M |
| Goodwill | $263.0K |
| Intangible Assets | $891.0K |
| Long-Term Investments | $7.3B |
| Tax Assets | $14M |
| Other Non-Current Assets | $253M |
| TOTAL NON-CURRENT ASSETS | $7.6B |
| TOTAL ASSETS | $9.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.4B |
| TOTAL CURRENT LIABILITIES | $8.4B |
| Long-Term Debt | $124M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $68M |
| TOTAL NON-CURRENT LIABILITIES | $191M |
| TOTAL LIABILITIES | $8.6B |
| Common Stock | $48M |
| Additional Paid-In Capital | $7M |
| Retained Earnings | $836M |
| Treasury Stock | -$60M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $830M |
| Minority Interest | $0 |
| TOTAL EQUITY | $830M |
| TOTAL LIABILITIES & EQUITY | $9.4B |
| Total Debt | $124M |
| Net Debt | -$898M |
