| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $113M | $315M | $93M | -64.1% | 21.7% |
| Op. Income | $5M | $113M | -$18M | -95.7% | 126.8% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 1.7% | 30.9% | -18.3% | -29.2pp | 20.0pp |
| EPS (Diluted) | $-0.33 | $2.81 | $-0.96 | -111.7% | 65.6% |
| Free Cash Flow | $77M | -$31M | $68M | 348.9% | 13.0% |
| Item | Amount |
|---|---|
| REVENUE | $113M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $113M |
| R&D Expenses | $0 |
| Selling & Marketing | $41M |
| General & Administrative | $17M |
| SG&A Expenses | $58M |
| Other Expenses | $50M |
| Operating Expenses | $108M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $2M |
| 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 | -$10M |
| D&A | $4M |
| EBIT | $6M |
| EBITDA | $10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| REVENUE | $113M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $113M |
| R&D Expenses | $0 |
| Selling & Marketing | $41M |
| General & Administrative | $17M |
| SG&A Expenses | $58M |
| Other Expenses | $50M |
| Operating Expenses | $108M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $2M |
| 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 | -$10M |
| D&A | $4M |
| EBIT | $6M |
| EBITDA | $10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$306.0K |
| Change in Working Capital | $66M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$308.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$27M |
| Sales/Maturities of Investments | $36M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$699.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$699.0K |
| FREE CASH FLOW | $77M |
| Net Change in Cash | $82M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $34M |
| Net Receivables | $201M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $369M |
| PP&E (Net) | $15M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $752M |
| TOTAL NON-CURRENT ASSETS | $768M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $7M |
| Short-Term Debt | $69M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $143M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $40M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $64M |
| TOTAL LIABILITIES | $208M |
| Common Stock | $43.0K |
| Additional Paid-In Capital | $777M |
| Retained Earnings | $5M |
| Treasury Stock | -$200M |
| Accum. Other Comp. Income | -$265.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $930M |
| Minority Interest | $0 |
| TOTAL EQUITY | $930M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $95M |
| Net Debt | -$26M |
