| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $106M | $100M | $97M | 5.6% | 9.7% |
| Op. Income | $8M | $6M | -$1M | 27.0% | 692.3% |
| Gross Margin | 60.8% | 61.9% | 59.4% | -1.0pp | 1.4pp |
| Net Margin | 4.5% | 6.6% | -4.8% | -2.1pp | 9.3pp |
| EPS (Diluted) | $0.03 | $0.04 | $-0.03 | -26.8% | 202.0% |
| Free Cash Flow | $12M | $44M | $4M | -73.4% | 214.9% |
| Item | Amount |
|---|---|
| REVENUE | $106M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $64M |
| R&D Expenses | $11M |
| Selling & Marketing | $13M |
| General & Administrative | $20M |
| SG&A Expenses | $32M |
| Other Expenses | $14M |
| Operating Expenses | $57M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$201.0K |
| 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 | $19M |
| EBIT | $9M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $106M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $64M |
| R&D Expenses | $11M |
| Selling & Marketing | $13M |
| General & Administrative | $20M |
| SG&A Expenses | $32M |
| Other Expenses | $14M |
| Operating Expenses | $57M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | -$201.0K |
| 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 | $19M |
| EBIT | $9M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | -$889.0K |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$750.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$97.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $179M |
| Short-Term Investments | $0 |
| Net Receivables | $105M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $300M |
| PP&E (Net) | $15M |
| Goodwill | $764M |
| Intangible Assets | $475M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $5M |
| Short-Term Debt | $3M |
| Deferred Revenue | $72M |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $108M |
| Long-Term Debt | $292M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $41M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $369M |
| TOTAL LIABILITIES | $477M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$124M |
| Treasury Stock | -$18M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $305M |
| Net Debt | $126M |
