| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $209M | $184M | $162M | 13.8% | 29.2% |
| Op. Income | $700.0K | $9M | $4M | -92.0% | -81.1% |
| Gross Margin | 91.3% | 90.9% | 91.2% | 0.4pp | 0.1pp |
| Net Margin | 0.1% | 21.0% | 0.7% | -20.9pp | -0.6pp |
| EPS (Diluted) | $0.00 | $0.51 | $0.01 | -99.5% | -81.0% |
| Free Cash Flow | $22M | $5M | $17M | 351.0% | 27.7% |
| Item | Amount |
|---|---|
| REVENUE | $209M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $191M |
| R&D Expenses | $17M |
| Selling & Marketing | $160M |
| General & Administrative | $14M |
| SG&A Expenses | $174M |
| Other Expenses | $0 |
| Operating Expenses | $190M |
| Cost & Expenses | $209M |
| OPERATING INCOME | $700.0K |
| Interest Income | $700.0K |
| Interest Expense | $100.0K |
| Other Income/Expenses | $600.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $200.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $200.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $200.0K |
| D&A | $13M |
| EBIT | $1M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $209M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $191M |
| R&D Expenses | $17M |
| Selling & Marketing | $160M |
| General & Administrative | $14M |
| SG&A Expenses | $174M |
| Other Expenses | $0 |
| Operating Expenses | $190M |
| Cost & Expenses | $209M |
| OPERATING INCOME | $700.0K |
| Interest Income | $700.0K |
| Interest Expense | $100.0K |
| Other Income/Expenses | $600.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $200.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $200.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $200.0K |
| D&A | $13M |
| EBIT | $1M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $200.0K |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$300.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | -$500.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $92M |
| Short-Term Investments | $0 |
| Net Receivables | $120M |
| Inventory | $0 |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $242M |
| PP&E (Net) | $44M |
| Goodwill | $113M |
| Intangible Assets | $30M |
| Long-Term Investments | $0 |
| Tax Assets | $46M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $233M |
| TOTAL ASSETS | $475M |
| Account Payables | $24M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $90M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $13M |
| TOTAL LIABILITIES | $103M |
| Common Stock | $0 |
| Additional Paid-In Capital | $538M |
| Retained Earnings | -$166M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $372M |
| Minority Interest | $0 |
| TOTAL EQUITY | $372M |
| TOTAL LIABILITIES & EQUITY | $475M |
| Total Debt | $0 |
| Net Debt | -$92M |
