| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $268M | $251M | $203M | 6.8% | 32.3% |
| Op. Income | $10M | -$27M | -$1M | 135.0% | 938.1% |
| Gross Margin | 88.6% | 89.7% | 88.9% | -1.0pp | -0.3pp |
| Net Margin | 8.6% | -4.8% | 6.1% | 13.4pp | 2.5pp |
| EPS (Diluted) | $0.44 | $-0.24 | $0.24 | 283.3% | 83.3% |
| Free Cash Flow | $73M | $82M | $56M | -11.8% | 29.7% |
| Item | Amount |
|---|---|
| REVENUE | $268M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $237M |
| R&D Expenses | $62M |
| Selling & Marketing | $134M |
| General & Administrative | $32M |
| SG&A Expenses | $166M |
| Other Expenses | $0 |
| Operating Expenses | $228M |
| Cost & Expenses | $258M |
| OPERATING INCOME | $10M |
| Interest Income | $13M |
| Interest Expense | $0 |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | -$540.0K |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $10M |
| EBIT | $22M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $268M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $237M |
| R&D Expenses | $62M |
| Selling & Marketing | $134M |
| General & Administrative | $32M |
| SG&A Expenses | $166M |
| Other Expenses | $0 |
| Operating Expenses | $228M |
| Cost & Expenses | $258M |
| OPERATING INCOME | $10M |
| Interest Income | $13M |
| Interest Expense | $0 |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | -$540.0K |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $10M |
| EBIT | $22M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $996.0K |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | $74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $50M |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $136M |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $153M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $343M |
| Other Current Liabilities | $96M |
| TOTAL CURRENT LIABILITIES | $576M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $80M |
| TOTAL LIABILITIES | $655M |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$552M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $106M |
| Net Debt | -$1.3B |
