| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $116M | $109M | $97M | 6.4% | 19.3% |
| Op. Income | -$25M | -$30M | -$15M | 15.1% | -65.3% |
| Gross Margin | 75.4% | 75.0% | 79.0% | 0.5pp | -3.6pp |
| Net Margin | -20.0% | -21.0% | -11.5% | 1.1pp | -8.4pp |
| EPS (Diluted) | $-0.21 | $-0.21 | $-0.11 | 0.0% | -90.9% |
| Free Cash Flow | $48M | $27M | $32M | 81.6% | 51.6% |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $88M |
| R&D Expenses | $45M |
| Selling & Marketing | $50M |
| General & Administrative | $18M |
| SG&A Expenses | $68M |
| Other Expenses | $0 |
| Operating Expenses | $113M |
| Cost & Expenses | $141M |
| OPERATING INCOME | -$25M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $7M |
| EBIT | -$25M |
| EBITDA | -$19M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $39M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $916.0K |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$634.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$134M |
| Sales/Maturities of Investments | $69M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$66M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $472M |
| Net Receivables | $91M |
| Inventory | $0 |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $649M |
| PP&E (Net) | $20M |
| Goodwill | $372M |
| Intangible Assets | $61M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $481M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $11M |
| Short-Term Debt | $8M |
| Deferred Revenue | $247M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $318M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $27M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$559.0K |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $356M |
| Common Stock | $315.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$360M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $655.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $774M |
| Minority Interest | $0 |
| TOTAL EQUITY | $774M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $20M |
| Net Debt | -$30M |
