| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $212M | $180M | $115M | 17.7% | 84.7% |
| Op. Income | $81M | $72M | $56M | 13.3% | 44.7% |
| Gross Margin | 41.8% | 43.5% | 53.3% | -1.7pp | -11.6pp |
| Net Margin | 31.6% | 31.3% | 46.3% | 0.3pp | -14.7pp |
| EPS (Diluted) | $9.26 | $7.05 | $6.42 | 31.3% | 44.3% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $212M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | -$282.7K |
| Operating Expenses | $7M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $81M |
| Interest Income | $45M |
| Interest Expense | $104M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $0 |
| EBIT | $81M |
| EBITDA | $81M |
| EPS | $10 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| REVENUE | $212M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $89M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | -$282.7K |
| Operating Expenses | $7M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $81M |
| Interest Income | $45M |
| Interest Expense | $104M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $0 |
| EBIT | $81M |
| EBITDA | $81M |
| EPS | $10 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| Net Income | $67M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$67M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $514M |
| Short-Term Investments | $0 |
| Net Receivables | $352M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $866M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $752M |
| Tax Assets | $27M |
| Other Non-Current Assets | $114M |
| TOTAL NON-CURRENT ASSETS | $901M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $0 |
| Short-Term Debt | $88M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $95M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $23M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $559M |
| TOTAL NON-CURRENT LIABILITIES | $585M |
| TOTAL LIABILITIES | $681M |
| Common Stock | $30.2K |
| Additional Paid-In Capital | $471M |
| Retained Earnings | $677M |
| Treasury Stock | -$74M |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $88M |
| Net Debt | -$426M |
