| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $224M | — | — | — | — |
| Op. Income | $27M | — | — | — | — |
| Gross Margin | 73.1% | — | — | — | — |
| Net Margin | -45.8% | — | — | — | — |
| EPS (Diluted) | $-0.25 | — | — | — | — |
| Free Cash Flow | -$322.0K | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $224M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $164M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $98M |
| Other Expenses | $38M |
| Operating Expenses | $137M |
| Cost & Expenses | $197M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$65M |
| INCOME BEFORE TAX | -$38M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | -$103M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$103M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$103M |
| D&A | $16M |
| EBIT | -$5M |
| EBITDA | $10M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$103M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $55M |
| Other Non-Cash Items | $32M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$35M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | -$322.0K |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $115M |
| Short-Term Investments | $0 |
| Net Receivables | $209M |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $350M |
| PP&E (Net) | $211M |
| Goodwill | $1.5B |
| Intangible Assets | $398M |
| Long-Term Investments | $6M |
| Tax Assets | $65M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $103M |
| Short-Term Debt | $19M |
| Deferred Revenue | $187M |
| Other Current Liabilities | $131M |
| TOTAL CURRENT LIABILITIES | $488M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $100M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $41.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$103M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $593M |
| Minority Interest | $48M |
| TOTAL EQUITY | $641M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $1.4B |
| Net Debt | $1.3B |
