| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $103M | $99M | — | 3.7% | — |
| Op. Income | -$166.0K | $3M | — | -106.4% | — |
| Gross Margin | 72.6% | 70.9% | — | 1.7pp | — |
| Net Margin | 1.8% | -4.2% | — | 6.1pp | — |
| EPS (Diluted) | $0.01 | $-0.02 | — | 134.4% | — |
| Free Cash Flow | $9M | $23M | — | -61.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $103M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $75M |
| R&D Expenses | $38M |
| Selling & Marketing | $12M |
| General & Administrative | $25M |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $103M |
| OPERATING INCOME | -$166.0K |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$98.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $3M |
| EBIT | -$166.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$32M |
| Sales/Maturities of Investments | $22M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$687.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $190M |
| Short-Term Investments | $78M |
| Net Receivables | $107M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $396M |
| PP&E (Net) | $43M |
| Goodwill | $44M |
| Intangible Assets | $25M |
| Long-Term Investments | $29M |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $152M |
| TOTAL ASSETS | $548M |
| Account Payables | $3M |
| Short-Term Debt | $3M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $45M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $460.0K |
| TOTAL NON-CURRENT LIABILITIES | $71M |
| TOTAL LIABILITIES | $142M |
| Common Stock | $245.0K |
| Additional Paid-In Capital | $529M |
| Retained Earnings | -$170M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $361M |
| Minority Interest | $46M |
| TOTAL EQUITY | $406M |
| TOTAL LIABILITIES & EQUITY | $548M |
| Total Debt | $77M |
| Net Debt | -$113M |
