| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $269M | $245M | $255M | 9.5% | 5.6% |
| Op. Income | $40M | $31M | $28M | 29.2% | 44.9% |
| Gross Margin | 72.1% | 74.7% | 66.6% | -2.6pp | 5.6pp |
| Net Margin | 9.6% | 11.9% | 8.3% | -2.3pp | 1.4pp |
| EPS (Diluted) | $0.22 | $0.25 | $0.19 | -12.0% | 15.8% |
| Free Cash Flow | $42M | $88M | $72M | -52.4% | -42.1% |
| Item | Amount |
|---|---|
| REVENUE | $269M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $194M |
| R&D Expenses | $0 |
| Selling & Marketing | $44M |
| General & Administrative | $40M |
| SG&A Expenses | $84M |
| Other Expenses | $69M |
| Operating Expenses | $154M |
| Cost & Expenses | $228M |
| OPERATING INCOME | $40M |
| Interest Income | $7M |
| Interest Expense | $11M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $7M |
| EBIT | $47M |
| EBITDA | $54M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $269M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $194M |
| R&D Expenses | $0 |
| Selling & Marketing | $44M |
| General & Administrative | $40M |
| SG&A Expenses | $84M |
| Other Expenses | $69M |
| Operating Expenses | $154M |
| Cost & Expenses | $228M |
| OPERATING INCOME | $40M |
| Interest Income | $7M |
| Interest Expense | $11M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $7M |
| EBIT | $47M |
| EBITDA | $54M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$61M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $487M |
| Short-Term Investments | $314M |
| Net Receivables | $153M |
| Inventory | $364.0K |
| Other Current Assets | $3.2B |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $25M |
| Goodwill | $0 |
| Intangible Assets | $594M |
| Long-Term Investments | $17M |
| Tax Assets | $97M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $753M |
| TOTAL ASSETS | $4.9B |
| Account Payables | $159M |
| Short-Term Debt | $227M |
| Deferred Revenue | $89M |
| Other Current Liabilities | $3.1B |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $148.0K |
| Deferred Tax Liabilities | $56M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $65.0K |
| Additional Paid-In Capital | $3.8B |
| Retained Earnings | -$904M |
| Treasury Stock | -$22M |
| Accum. Other Comp. Income | -$3.2B |
| Other Equity | $395M |
| TOTAL STOCKHOLDERS' EQUITY | $57M |
| Minority Interest | $5M |
| TOTAL EQUITY | $62M |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $1.4B |
| Net Debt | $873M |
