| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $173M | $152M | $151M | 13.8% | 14.6% |
| Op. Income | -$56M | $18M | -$499M | -411.1% | 88.8% |
| Gross Margin | 74.6% | 78.3% | 66.2% | -3.7pp | 8.3pp |
| Net Margin | -32.4% | -13.8% | -327.8% | -18.6pp | 295.4pp |
| EPS (Diluted) | $-0.10 | $-0.03 | $-0.85 | -189.7% | 88.8% |
| Free Cash Flow | -$19M | -$35M | -$22M | 45.7% | 13.6% |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $129M |
| R&D Expenses | $40M |
| Selling & Marketing | $171M |
| General & Administrative | -$77M |
| SG&A Expenses | $94M |
| Other Expenses | $51M |
| Operating Expenses | $185M |
| Cost & Expenses | $229M |
| OPERATING INCOME | -$56M |
| Interest Income | $4M |
| Interest Expense | $594.1K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$52M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$56M |
| D&A | $13M |
| EBIT | -$17M |
| EBITDA | -$4M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$56M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $36M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$62M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$66M |
| Net Debt Issuance | -$321M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $365M |
| NET CASH FROM FINANCING | $46M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $175M |
| Short-Term Investments | $62M |
| Net Receivables | $224M |
| Inventory | $0 |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $507M |
| PP&E (Net) | $53M |
| Goodwill | $561M |
| Intangible Assets | $154M |
| Long-Term Investments | $36M |
| Tax Assets | $0 |
| Other Non-Current Assets | $82M |
| TOTAL NON-CURRENT ASSETS | $887M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $17M |
| Short-Term Debt | $20M |
| Deferred Revenue | $194M |
| Other Current Liabilities | $426.9K |
| TOTAL CURRENT LIABILITIES | $356M |
| Long-Term Debt | $194M |
| Deferred Revenue NC | $28M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $263M |
| TOTAL LIABILITIES | $618M |
| Common Stock | $2.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $775M |
| Minority Interest | $0 |
| TOTAL EQUITY | $775M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $252M |
| Net Debt | $77M |
