| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $285M | — | -67.4% | — |
| Op. Income | $3M | $24M | — | -86.3% | — |
| Gross Margin | 74.3% | 75.2% | — | -0.8pp | — |
| Net Margin | 3.8% | -5.1% | — | 8.9pp | — |
| EPS (Diluted) | $0.02 | $2.90 | — | -99.3% | — |
| Free Cash Flow | -$1M | $86M | — | -101.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $69M |
| R&D Expenses | $13M |
| Selling & Marketing | $35M |
| General & Administrative | $19M |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $0 |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $0 |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $69M |
| R&D Expenses | $13M |
| Selling & Marketing | $35M |
| General & Administrative | $19M |
| SG&A Expenses | $53M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $0 |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $0 |
| D&A | $0 |
| EBIT | $0 |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$95.0K |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $495.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$452.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $76M |
| NET CASH FROM FINANCING | $76M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $61M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $351M |
| Short-Term Investments | $317.0K |
| Net Receivables | $80M |
| Inventory | $0 |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $447M |
| PP&E (Net) | $24M |
| Goodwill | $37M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $152M |
| TOTAL ASSETS | $599M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $150M |
| Other Current Liabilities | $56M |
| TOTAL CURRENT LIABILITIES | $208M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $237M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$515M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $875M |
| TOTAL STOCKHOLDERS' EQUITY | $361M |
| Minority Interest | $2M |
| TOTAL EQUITY | $363M |
| TOTAL LIABILITIES & EQUITY | $599M |
| Total Debt | $12M |
| Net Debt | -$340M |
