| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $245M | $253M | $244M | -3.3% | 0.5% |
| Op. Income | $65M | $65M | $45M | 0.7% | 45.2% |
| Gross Margin | 66.3% | 63.9% | 57.1% | 2.4pp | 9.2pp |
| Net Margin | 21.9% | 22.3% | 17.0% | -0.3pp | 4.9pp |
| EPS (Diluted) | $0.88 | $0.92 | $0.68 | -4.3% | 29.4% |
| Free Cash Flow | $78M | $95M | -$66M | -17.9% | 219.0% |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $73M |
| SG&A Expenses | $73M |
| Other Expenses | $24M |
| Operating Expenses | $97M |
| Cost & Expenses | $179M |
| OPERATING INCOME | $65M |
| Interest Income | $229M |
| Interest Expense | $77M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $9M |
| EBIT | $65M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $245M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $73M |
| SG&A Expenses | $73M |
| Other Expenses | $24M |
| Operating Expenses | $97M |
| Cost & Expenses | $179M |
| OPERATING INCOME | $65M |
| Interest Income | $229M |
| Interest Expense | $77M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $9M |
| EBIT | $65M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $82M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$62M |
| Sales/Maturities of Investments | $76M |
| Other Investing Activities | -$157M |
| NET CASH FROM INVESTING | -$144M |
| Net Debt Issuance | $105M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $81M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $587M |
| Short-Term Investments | $1.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $265M |
| Goodwill | $335M |
| Intangible Assets | $134M |
| Long-Term Investments | $14.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $659M |
| TOTAL NON-CURRENT ASSETS | $16.0B |
| TOTAL ASSETS | $18.3B |
| Account Payables | $0 |
| Short-Term Debt | $360M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.1B |
| TOTAL CURRENT LIABILITIES | $15.4B |
| Long-Term Debt | $590M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $206M |
| TOTAL NON-CURRENT LIABILITIES | $834M |
| TOTAL LIABILITIES | $16.3B |
| Common Stock | $13M |
| Additional Paid-In Capital | $143M |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$49M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $18.3B |
| Total Debt | $988M |
| Net Debt | $401M |
