| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $130M | $159M | $139M | -18.7% | -7.0% |
| Op. Income | $13M | $47M | $12M | -72.3% | 4.6% |
| Gross Margin | 57.4% | 74.2% | 57.8% | -16.8pp | -0.4pp |
| Net Margin | 7.7% | 22.0% | 6.8% | -14.3pp | 0.8pp |
| EPS (Diluted) | $1.79 | $5.90 | $1.62 | -69.7% | 10.5% |
| Free Cash Flow | $47M | $82M | $58M | -42.5% | -18.5% |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $47M |
| SG&A Expenses | $48M |
| Other Expenses | $13M |
| Operating Expenses | $61M |
| Cost & Expenses | $117M |
| OPERATING INCOME | $13M |
| Interest Income | $111M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $3M |
| EBIT | $13M |
| EBITDA | $16M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $47M |
| SG&A Expenses | $48M |
| Other Expenses | $13M |
| Operating Expenses | $61M |
| Cost & Expenses | $117M |
| OPERATING INCOME | $13M |
| Interest Income | $111M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $3M |
| EBIT | $13M |
| EBITDA | $16M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | -$1M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $47M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $161.6K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$35M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$145.7K |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $47M |
| Net Change in Cash | -$720.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $103M |
| Goodwill | $7M |
| Intangible Assets | $10M |
| Long-Term Investments | $835M |
| Tax Assets | $32M |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.0B |
| Account Payables | $50M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $493M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $576M |
| TOTAL LIABILITIES | $626M |
| Common Stock | $0 |
| Additional Paid-In Capital | $286M |
| Retained Earnings | $137M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $423M |
| Minority Interest | $0 |
| TOTAL EQUITY | $423M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $576M |
| Net Debt | $565M |
