| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6.1B | $6.0B | -99.9% | -99.9% |
| Op. Income | $2M | $2.4B | $2.4B | -99.9% | -99.9% |
| Gross Margin | 69.9% | 44.9% | 45.3% | 25.0pp | 24.6pp |
| Net Margin | 27.4% | 30.4% | 27.0% | -3.0pp | 0.4pp |
| EPS (Diluted) | $2.87 | $3.11 | $2.70 | -7.7% | 6.2% |
| Free Cash Flow | $2M | $1.2B | $1.3B | -99.8% | -99.8% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4M |
| Operating Expenses | $4M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | -$320.0K |
| Other Income/Expenses | -$229.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$528.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $2M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $4M |
| Operating Expenses | $4M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | -$320.0K |
| Other Income/Expenses | -$229.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$528.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $2M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $633.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $106.0K |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$988.0K |
| NET CASH FROM INVESTING | -$988.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$529.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $735.0K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $735.0K |
| PP&E (Net) | $907.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $70M |
| Account Payables | $0 |
| Short-Term Debt | $867.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $619.0K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $619.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $46M |
| TOTAL LIABILITIES | $50M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $70M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$553.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $0 |
| TOTAL EQUITY | $19M |
| TOTAL LIABILITIES & EQUITY | $70M |
| Total Debt | $1M |
| Net Debt | $751.0K |
