| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $228M | $234M | $252M | -2.8% | -9.6% |
| Op. Income | $2M | $14M | $19M | -86.9% | -90.4% |
| Gross Margin | 39.4% | 38.6% | 38.7% | 0.9pp | 0.7pp |
| Net Margin | 1.6% | 3.3% | 9.6% | -1.7pp | -7.9pp |
| EPS (Diluted) | $0.09 | $0.18 | $0.52 | -51.3% | -83.1% |
| Free Cash Flow | -$11M | $51M | $27M | -122.5% | -142.8% |
| Item | Amount |
|---|---|
| REVENUE | $228M |
| Cost of Revenue | $138M |
| GROSS PROFIT | $90M |
| R&D Expenses | $28M |
| Selling & Marketing | $24M |
| General & Administrative | $33M |
| SG&A Expenses | $57M |
| Other Expenses | $2M |
| Operating Expenses | $88M |
| Cost & Expenses | $226M |
| OPERATING INCOME | $2M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $15M |
| EBIT | $4M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $228M |
| Cost of Revenue | $138M |
| GROSS PROFIT | $90M |
| R&D Expenses | $28M |
| Selling & Marketing | $24M |
| General & Administrative | $33M |
| SG&A Expenses | $57M |
| Other Expenses | $2M |
| Operating Expenses | $88M |
| Cost & Expenses | $226M |
| OPERATING INCOME | $2M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $15M |
| EBIT | $4M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$333M |
| Sales/Maturities of Investments | $83M |
| Other Investing Activities | $235.0K |
| NET CASH FROM INVESTING | -$274M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$257M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $363M |
| Short-Term Investments | $564M |
| Net Receivables | $177M |
| Inventory | $288M |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $603M |
| Goodwill | $69M |
| Intangible Assets | $54M |
| Long-Term Investments | $0 |
| Tax Assets | $109M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $874M |
| TOTAL ASSETS | $2.3B |
| Account Payables | $38M |
| Short-Term Debt | $0 |
| Deferred Revenue | $62M |
| Other Current Liabilities | $66M |
| TOTAL CURRENT LIABILITIES | $197M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $257M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $2.6B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$92M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $16M |
| Net Debt | -$347M |
