| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $270M | $235M | $202M | 14.9% | 34.0% |
| Op. Income | -$35M | -$13M | -$36M | -161.0% | 4.6% |
| Gross Margin | 73.4% | 76.9% | 77.7% | -3.4pp | -4.2pp |
| Net Margin | -10.0% | -0.6% | -13.0% | -9.4pp | 3.1pp |
| EPS (Diluted) | $-0.10 | $-0.01 | $-0.10 | -1900.0% | 0.0% |
| Free Cash Flow | $54M | $34M | $35M | 59.0% | 56.9% |
| Item | Amount |
|---|---|
| REVENUE | $270M |
| Cost of Revenue | $72M |
| GROSS PROFIT | $198M |
| R&D Expenses | $71M |
| Selling & Marketing | $118M |
| General & Administrative | $44M |
| SG&A Expenses | $162M |
| Other Expenses | $0 |
| Operating Expenses | $233M |
| Cost & Expenses | $305M |
| OPERATING INCOME | -$35M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $2M |
| 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 | $5M |
| EBIT | -$35M |
| EBITDA | -$30M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$27M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $35M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$3.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $228.0K |
| FREE CASH FLOW | $54M |
| Net Change in Cash | $55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $881M |
| Short-Term Investments | $0 |
| Net Receivables | $43M |
| Inventory | $0 |
| Other Current Assets | $55M |
| TOTAL CURRENT ASSETS | $980M |
| PP&E (Net) | $91M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $202M |
| TOTAL NON-CURRENT ASSETS | $294M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $64M |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $200M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $239M |
| Common Stock | $273.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$845M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $53M |
| Net Debt | -$828M |
