| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $261M | $255M | $261M | 2.1% | -0.2% |
| Op. Income | $50M | $53M | $59M | -6.1% | -15.0% |
| Gross Margin | 70.1% | 72.0% | 72.6% | -1.8pp | -2.5pp |
| Net Margin | 15.7% | 15.9% | 19.4% | -0.2pp | -3.6pp |
| EPS (Diluted) | $0.45 | $0.51 | $0.67 | -11.8% | -32.8% |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $183M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $111M |
| SG&A Expenses | $111M |
| Other Expenses | $21M |
| Operating Expenses | $133M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $50M |
| Interest Income | $250M |
| Interest Expense | $77M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $0 |
| EBIT | $50M |
| EBITDA | $50M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $78M |
| GROSS PROFIT | $183M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $111M |
| SG&A Expenses | $111M |
| Other Expenses | $21M |
| Operating Expenses | $133M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $50M |
| Interest Income | $250M |
| Interest Expense | $77M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $0 |
| EBIT | $50M |
| EBITDA | $50M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $95M |
| PP&E (Net) | $439M |
| Goodwill | $804M |
| Intangible Assets | $103M |
| Long-Term Investments | $19.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $22.3B |
| TOTAL ASSETS | $22.4B |
| Account Payables | $0 |
| Short-Term Debt | $31M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $31M |
| Long-Term Debt | $481M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18.9B |
| TOTAL NON-CURRENT LIABILITIES | $19.4B |
| TOTAL LIABILITIES | $19.5B |
| Common Stock | $154M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$23M |
| Accum. Other Comp. Income | $23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $7M |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $22.4B |
| Total Debt | $512M |
| Net Debt | $417M |
