| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $73M | $79M | -4.4% | -11.5% |
| Op. Income | $42M | $44M | $49M | -4.3% | -15.4% |
| Gross Margin | 95.9% | 95.3% | 95.8% | 0.7pp | 0.1pp |
| Net Margin | 44.5% | 43.4% | 46.2% | 1.1pp | -1.7pp |
| EPS (Diluted) | $1.17 | $1.19 | $1.37 | -1.7% | -14.6% |
| Free Cash Flow | $42M | $29M | $52M | 45.0% | -19.0% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $13M |
| Operating Expenses | $25M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $42M |
| Interest Income | $59M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $2M |
| EBIT | $42M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $13M |
| Operating Expenses | $25M |
| Cost & Expenses | $28M |
| OPERATING INCOME | $42M |
| Interest Income | $59M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $2M |
| EBIT | $42M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $300.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$569.0K |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$199.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $248M |
| Other Investing Activities | $49M |
| NET CASH FROM INVESTING | $258M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$138M |
| NET CASH FROM FINANCING | -$175M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $126M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $727M |
| Short-Term Investments | $1.2B |
| Net Receivables | $42M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $46M |
| Goodwill | $122M |
| Intangible Assets | $72.0K |
| Long-Term Investments | $3.7B |
| Tax Assets | $71M |
| Other Non-Current Assets | $88M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $0 |
| Short-Term Debt | $113M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.9B |
| TOTAL CURRENT LIABILITIES | $5.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $56M |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $471M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $589M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$137M |
| Other Equity | $35.0K |
| TOTAL STOCKHOLDERS' EQUITY | $923M |
| Minority Interest | $0 |
| TOTAL EQUITY | $923M |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $133M |
| Net Debt | -$594M |
