| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $142M | $175M | $138M | -18.7% | 3.2% |
| Op. Income | $14M | -$12M | -$4M | 219.0% | 430.7% |
| Gross Margin | 78.1% | 70.9% | 77.1% | 7.2pp | 0.9pp |
| Net Margin | -5.4% | -7.0% | -11.8% | 1.6pp | 6.4pp |
| EPS (Diluted) | $-0.04 | $-0.07 | $-0.09 | 39.9% | 54.3% |
| Free Cash Flow | $25M | $44M | $8M | -42.6% | 196.8% |
| Item | Amount |
|---|---|
| REVENUE | $142M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $111M |
| R&D Expenses | $20M |
| Selling & Marketing | $29M |
| General & Administrative | $31M |
| SG&A Expenses | $60M |
| Other Expenses | $17M |
| Operating Expenses | $97M |
| Cost & Expenses | $128M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $512.0K |
| Net Income from Continuing Ops | $934.0K |
| Net Income from Discontinued Ops | -$9M |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $18M |
| EBIT | $14M |
| EBITDA | $32M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$335.0K |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$85.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $203.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $148M |
| Short-Term Investments | $0 |
| Net Receivables | $43M |
| Inventory | $0 |
| Other Current Assets | $77M |
| TOTAL CURRENT ASSETS | $269M |
| PP&E (Net) | $6M |
| Goodwill | $864M |
| Intangible Assets | $241M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $8M |
| Short-Term Debt | $6M |
| Deferred Revenue | $34M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $117M |
| Long-Term Debt | $521M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $557M |
| TOTAL LIABILITIES | $675M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$669M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $740M |
| Minority Interest | $0 |
| TOTAL EQUITY | $740M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $527M |
| Net Debt | $378M |
