| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $179M | $176M | $169M | 1.8% | 6.1% |
| Op. Income | -$30M | -$22M | -$29M | -40.1% | -6.8% |
| Gross Margin | 53.3% | 54.7% | 52.9% | -1.3pp | 0.4pp |
| Net Margin | -12.1% | -7.8% | -12.1% | -4.3pp | -0.0pp |
| EPS (Diluted) | $-0.14 | $-0.09 | $-0.13 | -61.1% | -7.7% |
| Free Cash Flow | $14M | $23M | $8M | -36.3% | 89.3% |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $96M |
| R&D Expenses | $32M |
| Selling & Marketing | $60M |
| General & Administrative | $27M |
| SG&A Expenses | $87M |
| Other Expenses | $7M |
| Operating Expenses | $126M |
| Cost & Expenses | $210M |
| OPERATING INCOME | -$30M |
| Interest Income | $8M |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | -$24M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $6M |
| EBIT | -$24M |
| EBITDA | -$17M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$648.0K |
| NET CASH FROM FINANCING | -$648.0K |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $728M |
| Short-Term Investments | $0 |
| Net Receivables | $60M |
| Inventory | $0 |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $806M |
| PP&E (Net) | $40M |
| Goodwill | $0 |
| Intangible Assets | $25M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $124M |
| TOTAL ASSETS | $930M |
| Account Payables | $123M |
| Short-Term Debt | $43.0K |
| Deferred Revenue | $160M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $327M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $805.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $333M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | -$860M |
| Treasury Stock | -$49M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $597M |
| Minority Interest | $0 |
| TOTAL EQUITY | $597M |
| TOTAL LIABILITIES & EQUITY | $930M |
| Total Debt | $3M |
| Net Debt | -$723M |
