| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $220M | $206M | $226M | 6.8% | -2.7% |
| Op. Income | -$6M | -$19M | -$2M | 67.6% | -199.3% |
| Gross Margin | 55.7% | 55.0% | 54.2% | 0.7pp | 1.6pp |
| Net Margin | -2.2% | -8.7% | 0.0% | 6.5pp | -2.2pp |
| EPS (Diluted) | $-0.07 | $-0.27 | $0.00 | 73.1% | -4933.3% |
| Free Cash Flow | $13M | $10M | $11M | 26.3% | 17.5% |
| Item | Amount |
|---|---|
| REVENUE | $220M |
| Cost of Revenue | $98M |
| GROSS PROFIT | $123M |
| R&D Expenses | $44M |
| Selling & Marketing | $58M |
| General & Administrative | $27M |
| SG&A Expenses | $85M |
| Other Expenses | $0 |
| Operating Expenses | $129M |
| Cost & Expenses | $226M |
| OPERATING INCOME | -$6M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $4M |
| EBIT | -$6M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $586.0K |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$40M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$862.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $240M |
| Net Receivables | $76M |
| Inventory | $101M |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $562M |
| PP&E (Net) | $36M |
| Goodwill | $116M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $179M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $355M |
| TOTAL ASSETS | $917M |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $33M |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $123M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $150M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$395M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$345.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $767M |
| Minority Interest | $0 |
| TOTAL EQUITY | $767M |
| TOTAL LIABILITIES & EQUITY | $917M |
| Total Debt | $7M |
| Net Debt | -$35M |
