| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $361M | $390M | $303M | -7.3% | 19.3% |
| Op. Income | $60M | $81M | $72M | -25.3% | -16.0% |
| Gross Margin | 47.5% | 48.4% | 55.6% | -0.9pp | -8.1pp |
| Net Margin | 13.1% | 15.7% | 19.3% | -2.6pp | -6.2pp |
| EPS (Diluted) | $0.54 | $0.71 | $0.85 | -23.9% | -36.5% |
| Free Cash Flow | $43M | $89M | $102M | -51.9% | -57.9% |
| Item | Amount |
|---|---|
| REVENUE | $361M |
| Cost of Revenue | $190M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $65M |
| SG&A Expenses | $65M |
| Other Expenses | $47M |
| Operating Expenses | $111M |
| Cost & Expenses | $301M |
| OPERATING INCOME | $60M |
| Interest Income | $345M |
| Interest Expense | $190M |
| 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 | $44M |
| D&A | $44M |
| EBIT | $60M |
| EBITDA | $105M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $361M |
| Cost of Revenue | $190M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $65M |
| SG&A Expenses | $65M |
| Other Expenses | $47M |
| Operating Expenses | $111M |
| Cost & Expenses | $301M |
| OPERATING INCOME | $60M |
| Interest Income | $345M |
| Interest Expense | $190M |
| 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 | $44M |
| D&A | $44M |
| EBIT | $60M |
| EBITDA | $105M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$419.0K |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$360.0K |
| Purchases of Investments | -$428M |
| Sales/Maturities of Investments | $129M |
| Other Investing Activities | -$209M |
| NET CASH FROM INVESTING | -$515M |
| Net Debt Issuance | -$407M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | -$408M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | -$873M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $2.7B |
| Net Receivables | $103M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $249M |
| Goodwill | $415M |
| Intangible Assets | $34M |
| Long-Term Investments | $21.6B |
| Tax Assets | $112M |
| Other Non-Current Assets | $922M |
| TOTAL NON-CURRENT ASSETS | $23.3B |
| TOTAL ASSETS | $27.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.4B |
| TOTAL CURRENT LIABILITIES | $21.4B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $309M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $24.7B |
| Common Stock | $154M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | $53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $27.7B |
| Total Debt | $2.9B |
| Net Debt | $1.4B |
