| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $280M | $279M | $247M | 0.4% | 13.2% |
| Op. Income | -$5M | $4M | -$21M | -229.9% | 73.8% |
| Gross Margin | 55.0% | 56.0% | 53.6% | -1.0pp | 1.3pp |
| Net Margin | 0.2% | 4.2% | -2.9% | -3.9pp | 3.1pp |
| EPS (Diluted) | $0.01 | $0.13 | $-0.10 | -92.3% | 110.4% |
| Free Cash Flow | $35M | $33M | $17M | 7.4% | 103.5% |
| Item | Amount |
|---|---|
| REVENUE | $280M |
| Cost of Revenue | $126M |
| GROSS PROFIT | $154M |
| R&D Expenses | $41M |
| Selling & Marketing | $83M |
| General & Administrative | $35M |
| SG&A Expenses | $118M |
| Other Expenses | $0 |
| Operating Expenses | $159M |
| Cost & Expenses | $285M |
| OPERATING INCOME | -$5M |
| Interest Income | $10M |
| Interest Expense | $4M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $760.0K |
| Income Tax Expense | $184.0K |
| Net Income from Continuing Ops | $576.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $576.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $576.0K |
| D&A | -$2M |
| EBIT | -$3M |
| EBITDA | -$5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $576.0K |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $39M |
| Deferred Income Tax | $192.0K |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$276M |
| Sales/Maturities of Investments | $251M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $370M |
| Short-Term Investments | $671M |
| Net Receivables | $121M |
| Inventory | $0 |
| Other Current Assets | $91M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $204M |
| Goodwill | $367M |
| Intangible Assets | $62M |
| Long-Term Investments | $750.0K |
| Tax Assets | $3M |
| Other Non-Current Assets | $166M |
| TOTAL NON-CURRENT ASSETS | $802M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $29M |
| Short-Term Debt | $434M |
| Deferred Revenue | $75M |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $639M |
| Long-Term Debt | $733M |
| Deferred Revenue NC | $649.0K |
| Deferred Tax Liabilities | $498.0K |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $787M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $76.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$417M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $497.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $664M |
| Minority Interest | $0 |
| TOTAL EQUITY | $664M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.2B |
| Net Debt | $864M |
