| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $165M | $191M | $141M | -13.4% | 17.2% |
| Op. Income | $7M | $39M | $7M | -82.5% | -1.9% |
| Gross Margin | 81.2% | 82.0% | 81.1% | -0.8pp | 0.1pp |
| Net Margin | 1.4% | 12.3% | 5.1% | -10.8pp | -3.7pp |
| EPS (Diluted) | $0.01 | $0.14 | $0.04 | -92.9% | -75.4% |
| Free Cash Flow | $31M | $30M | $25M | 4.5% | 23.6% |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $134M |
| R&D Expenses | $45M |
| Selling & Marketing | $44M |
| General & Administrative | $27M |
| SG&A Expenses | $70M |
| Other Expenses | $12M |
| Operating Expenses | $127M |
| Cost & Expenses | $158M |
| OPERATING INCOME | $7M |
| Interest Income | $2M |
| Interest Expense | $420.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $7M |
| 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 | $12M |
| EBIT | $10M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $134M |
| R&D Expenses | $45M |
| Selling & Marketing | $44M |
| General & Administrative | $27M |
| SG&A Expenses | $70M |
| Other Expenses | $12M |
| Operating Expenses | $127M |
| Cost & Expenses | $158M |
| OPERATING INCOME | $7M |
| Interest Income | $2M |
| Interest Expense | $420.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $7M |
| 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 | $12M |
| EBIT | $10M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$710.0K |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$83M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$90M |
| Net Debt Issuance | -$525.0K |
| Common Stock Repurchased | -$85M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $222.0K |
| NET CASH FROM FINANCING | -$86M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | -$136M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $156M |
| Short-Term Investments | $18M |
| Net Receivables | $213M |
| Inventory | $0 |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $422M |
| PP&E (Net) | $154M |
| Goodwill | $505M |
| Intangible Assets | $122M |
| Long-Term Investments | $0 |
| Tax Assets | $35M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $827M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $13M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $114M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $103M |
| TOTAL LIABILITIES | $217M |
| Common Stock | $175.0K |
| Additional Paid-In Capital | $999M |
| Retained Earnings | $258M |
| Treasury Stock | -$217M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $105M |
| Net Debt | -$51M |
