| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $288M | $262M | $244M | 9.6% | 17.7% |
| Op. Income | $44M | $41M | $27M | 6.3% | 64.3% |
| Gross Margin | 56.2% | 53.4% | 51.0% | 2.8pp | 5.2pp |
| Net Margin | 10.0% | 10.0% | 1.7% | -0.0pp | 8.3pp |
| EPS (Diluted) | $0.33 | $0.30 | $0.05 | 10.0% | 560.0% |
| Free Cash Flow | -$205M | $66M | $22M | -410.8% | -1012.9% |
| Item | Amount |
|---|---|
| REVENUE | $288M |
| Cost of Revenue | $126M |
| GROSS PROFIT | $162M |
| R&D Expenses | $56M |
| Selling & Marketing | $23M |
| General & Administrative | $38M |
| SG&A Expenses | $62M |
| Other Expenses | $0 |
| Operating Expenses | $118M |
| Cost & Expenses | $244M |
| OPERATING INCOME | $44M |
| Interest Income | $4M |
| Interest Expense | $12M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $39M |
| EBIT | $45M |
| EBITDA | $84M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $288M |
| Cost of Revenue | $126M |
| GROSS PROFIT | $162M |
| R&D Expenses | $56M |
| Selling & Marketing | $23M |
| General & Administrative | $38M |
| SG&A Expenses | $62M |
| Other Expenses | $0 |
| Operating Expenses | $118M |
| Cost & Expenses | $244M |
| OPERATING INCOME | $44M |
| Interest Income | $4M |
| Interest Expense | $12M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $39M |
| EBIT | $45M |
| EBITDA | $84M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $703.0K |
| Change in Working Capital | -$30M |
| OPERATING CASH FLOW | $65M |
| Capital Expenditure | -$270M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$270M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$546.0K |
| NET CASH FROM FINANCING | $52M |
| FREE CASH FLOW | -$205M |
| Net Change in Cash | -$153M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $251M |
| Short-Term Investments | $0 |
| Net Receivables | $106M |
| Inventory | $0 |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $405M |
| PP&E (Net) | $53M |
| Goodwill | $1.6B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $69M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23M |
| TOTAL CURRENT LIABILITIES | $92M |
| Long-Term Debt | $926M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $63M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $234M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $984M |
| Net Debt | $732M |
