| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $118M | $117M | $114M | 1.4% | 3.9% |
| Op. Income | $2M | $16M | $20M | -88.6% | -91.1% |
| Gross Margin | 76.6% | 80.0% | 83.9% | -3.4pp | -7.3pp |
| Net Margin | -6.1% | 2.8% | 6.6% | -8.9pp | -12.6pp |
| EPS (Diluted) | $-0.04 | $0.02 | $0.04 | -328.6% | -200.5% |
| Free Cash Flow | $14M | $19M | -$943.0K | -27.8% | 1542.3% |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $91M |
| R&D Expenses | $24M |
| Selling & Marketing | $40M |
| General & Administrative | $24M |
| SG&A Expenses | $64M |
| Other Expenses | $499.0K |
| Operating Expenses | $89M |
| Cost & Expenses | $116M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $10M |
| EBIT | $3M |
| EBITDA | $14M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $20.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $20M |
| 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 | -$875.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $0 |
| Net Receivables | $70M |
| Inventory | $0 |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $184M |
| PP&E (Net) | $65M |
| Goodwill | $991M |
| Intangible Assets | $79M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $4M |
| Short-Term Debt | $4M |
| Deferred Revenue | $23M |
| Other Current Liabilities | $61M |
| TOTAL CURRENT LIABILITIES | $154M |
| Long-Term Debt | $329M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $56M |
| TOTAL NON-CURRENT LIABILITIES | $423M |
| TOTAL LIABILITIES | $577M |
| Common Stock | $189.0K |
| Additional Paid-In Capital | $716M |
| Retained Earnings | $64M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $775M |
| Minority Interest | $0 |
| TOTAL EQUITY | $775M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $370M |
| Net Debt | $276M |
