| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $472M | $492M | $459M | -4.1% | 2.8% |
| Op. Income | $60M | $94M | $35M | -35.4% | 73.1% |
| Gross Margin | 55.9% | 54.0% | 51.7% | 1.8pp | 4.1pp |
| Net Margin | 10.0% | 14.4% | 5.7% | -4.5pp | 4.3pp |
| EPS (Diluted) | $0.92 | $1.43 | $0.46 | -35.7% | 100.0% |
| Free Cash Flow | -$2M | $11M | $76M | -118.6% | -102.7% |
| Item | Amount |
|---|---|
| REVENUE | $472M |
| Cost of Revenue | $208M |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $137M |
| SG&A Expenses | $142M |
| Other Expenses | $61M |
| Operating Expenses | $203M |
| Cost & Expenses | $411M |
| OPERATING INCOME | $60M |
| Interest Income | $427M |
| Interest Expense | $191M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $9M |
| EBIT | $60M |
| EBITDA | $70M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $472M |
| Cost of Revenue | $208M |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $137M |
| SG&A Expenses | $142M |
| Other Expenses | $61M |
| Operating Expenses | $203M |
| Cost & Expenses | $411M |
| OPERATING INCOME | $60M |
| Interest Income | $427M |
| Interest Expense | $191M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $9M |
| EBIT | $60M |
| EBITDA | $70M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$86M |
| OPERATING CASH FLOW | $368.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$199M |
| Sales/Maturities of Investments | $117M |
| Other Investing Activities | $60M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$135M |
| Common Stock Repurchased | -$31M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $814M |
| NET CASH FROM FINANCING | $637M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $614M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.8B |
| Short-Term Investments | $280M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $85M |
| Goodwill | $0 |
| Intangible Assets | $1M |
| Long-Term Investments | $26.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $856M |
| TOTAL NON-CURRENT ASSETS | $27.3B |
| TOTAL ASSETS | $31.4B |
| Account Payables | $25M |
| Short-Term Debt | $750M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $26.1B |
| TOTAL CURRENT LIABILITIES | $26.8B |
| Long-Term Debt | $661M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $457M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $27.9B |
| Common Stock | $517.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.5B |
| Treasury Stock | -$333M |
| Accum. Other Comp. Income | -$136M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $31.4B |
| Total Debt | $1.4B |
| Net Debt | -$2.4B |
