| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $171M | $162M | $146M | 5.7% | 17.4% |
| Op. Income | $38M | $42M | $43M | -8.6% | -10.5% |
| Gross Margin | 48.2% | 48.1% | 48.9% | 0.1pp | -0.7pp |
| Net Margin | 53.9% | 16.5% | 19.7% | 37.4pp | 34.2pp |
| EPS (Diluted) | $3.24 | $0.92 | $0.98 | 252.2% | 230.6% |
| Free Cash Flow | $17M | -$9M | $34M | 300.6% | -48.4% |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $13M |
| Operating Expenses | $44M |
| Cost & Expenses | $133M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $85M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $6M |
| EBIT | $132M |
| EBITDA | $138M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $171M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $13M |
| Operating Expenses | $44M |
| Cost & Expenses | $133M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $85M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $6M |
| EBIT | $132M |
| EBITDA | $138M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $92M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | -$85M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $17M |
| Purchases of Investments | -$77M |
| Sales/Maturities of Investments | $108M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $40M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$121M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$140M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$75M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $251M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $0 |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $324M |
| PP&E (Net) | $155M |
| Goodwill | $75M |
| Intangible Assets | $33M |
| Long-Term Investments | $76M |
| Tax Assets | $0 |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $373M |
| TOTAL ASSETS | $697M |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $80M |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $42M |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $62.0K |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $279.0K |
| Additional Paid-In Capital | $1M |
| Retained Earnings | -$719M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$715M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$715M |
| TOTAL LIABILITIES & EQUITY | $697M |
| Total Debt | $1.3B |
| Net Debt | $1.0B |
