| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $183M | $162M | $174M | 13.2% | 5.1% |
| Op. Income | $9M | $13M | $5M | -31.6% | 77.4% |
| Gross Margin | 63.7% | 67.0% | 60.7% | -3.3pp | 2.9pp |
| Net Margin | 2.8% | 7.9% | 2.7% | -5.1pp | 0.1pp |
| EPS (Diluted) | $0.03 | $0.07 | $0.02 | -59.6% | 15.9% |
| Free Cash Flow | $41M | $36M | $25M | 15.2% | 67.2% |
| Item | Amount |
|---|---|
| REVENUE | $183M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $117M |
| R&D Expenses | $21M |
| Selling & Marketing | $61M |
| General & Administrative | $39M |
| SG&A Expenses | $101M |
| Other Expenses | -$14M |
| Operating Expenses | $108M |
| Cost & Expenses | $174M |
| OPERATING INCOME | $9M |
| Interest Income | $1M |
| Interest Expense | $182.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $11M |
| EBIT | $11M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $183M |
| Cost of Revenue | $67M |
| GROSS PROFIT | $117M |
| R&D Expenses | $21M |
| Selling & Marketing | $61M |
| General & Administrative | $39M |
| SG&A Expenses | $101M |
| Other Expenses | -$14M |
| Operating Expenses | $108M |
| Cost & Expenses | $174M |
| OPERATING INCOME | $9M |
| Interest Income | $1M |
| Interest Expense | $182.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $11M |
| EBIT | $11M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$2.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $38M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $68M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $210M |
| Short-Term Investments | $0 |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $248M |
| PP&E (Net) | $74M |
| Goodwill | $141M |
| Intangible Assets | $24M |
| Long-Term Investments | $2M |
| Tax Assets | $35M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $284M |
| TOTAL ASSETS | $533M |
| Account Payables | $35M |
| Short-Term Debt | $0 |
| Deferred Revenue | $224M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $322M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $352.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $345M |
| Common Stock | $182.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $941.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $187M |
| Minority Interest | $0 |
| TOTAL EQUITY | $187M |
| TOTAL LIABILITIES & EQUITY | $533M |
| Total Debt | $15M |
| Net Debt | -$195M |
