| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $327M | $324M | $273M | 1.0% | 19.8% |
| Op. Income | $22M | $7M | -$2M | 211.4% | 1388.6% |
| Gross Margin | 28.1% | 25.2% | 22.3% | 2.9pp | 5.8pp |
| Net Margin | -6.5% | 0.9% | -1.8% | -7.4pp | -4.7pp |
| EPS (Diluted) | $-0.27 | $0.04 | $-0.06 | -835.7% | -333.4% |
| Free Cash Flow | $3M | $30M | $26M | -89.8% | -88.4% |
| Item | Amount |
|---|---|
| REVENUE | $327M |
| Cost of Revenue | $235M |
| GROSS PROFIT | $92M |
| R&D Expenses | $0 |
| Selling & Marketing | $763.0K |
| General & Administrative | $54M |
| SG&A Expenses | $55M |
| Other Expenses | $14M |
| Operating Expenses | $70M |
| Cost & Expenses | $305M |
| OPERATING INCOME | $22M |
| Interest Income | $1M |
| Interest Expense | $4M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | -$21M |
| Income Tax Expense | $210.0K |
| Net Income from Continuing Ops | -$21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$21M |
| D&A | $6M |
| EBIT | -$17M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$21M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $41.0K |
| Other Non-Cash Items | $42M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$37.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $130M |
| Short-Term Investments | $0 |
| Net Receivables | $218M |
| Inventory | $0 |
| Other Current Assets | $141M |
| TOTAL CURRENT ASSETS | $545M |
| PP&E (Net) | $57M |
| Goodwill | $47M |
| Intangible Assets | $155M |
| Long-Term Investments | $31M |
| Tax Assets | $0 |
| Other Non-Current Assets | $89M |
| TOTAL NON-CURRENT ASSETS | $378M |
| TOTAL ASSETS | $924M |
| Account Payables | $147M |
| Short-Term Debt | $5M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $341M |
| Long-Term Debt | $33M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $159M |
| TOTAL NON-CURRENT LIABILITIES | $203M |
| TOTAL LIABILITIES | $544M |
| Common Stock | $64.0K |
| Additional Paid-In Capital | $965M |
| Retained Earnings | -$584M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $380M |
| Minority Interest | $0 |
| TOTAL EQUITY | $380M |
| TOTAL LIABILITIES & EQUITY | $924M |
| Total Debt | $44M |
| Net Debt | -$86M |
