| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $306M | $309M | $310M | -1.1% | -1.4% |
| Op. Income | $50M | $31M | $43M | 62.8% | 16.4% |
| Gross Margin | 84.5% | 82.8% | 84.3% | 1.7pp | 0.2pp |
| Net Margin | 8.8% | 4.7% | 4.9% | 4.0pp | 3.9pp |
| EPS (Diluted) | $0.08 | $0.04 | $0.04 | 100.0% | 101.0% |
| Free Cash Flow | $104M | $86M | $103M | 22.0% | 1.3% |
| Item | Amount |
|---|---|
| REVENUE | $306M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $258M |
| R&D Expenses | $51M |
| Selling & Marketing | $106M |
| General & Administrative | $46M |
| SG&A Expenses | $152M |
| Other Expenses | $5M |
| Operating Expenses | $208M |
| Cost & Expenses | $255M |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $22M |
| EBIT | $49M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $306M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $258M |
| R&D Expenses | $51M |
| Selling & Marketing | $106M |
| General & Administrative | $46M |
| SG&A Expenses | $152M |
| Other Expenses | $5M |
| Operating Expenses | $208M |
| Cost & Expenses | $255M |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $22M |
| EBIT | $49M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $119M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$102M |
| FREE CASH FLOW | $104M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $139M |
| Short-Term Investments | $2M |
| Net Receivables | $211M |
| Inventory | $0 |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $410M |
| PP&E (Net) | $207M |
| Goodwill | $1.7B |
| Intangible Assets | $261M |
| Long-Term Investments | $0 |
| Tax Assets | $3.7B |
| Other Non-Current Assets | $127M |
| TOTAL NON-CURRENT ASSETS | $6.0B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $17M |
| Short-Term Debt | $6M |
| Deferred Revenue | $481M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $624M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $2.7B |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $339M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $1.4B |
| Net Debt | $1.3B |
