| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $175M | $203M | $211M | -14.2% | -17.3% |
| Op. Income | -$463M | -$37M | -$5M | -1153.0% | -9768.5% |
| Gross Margin | 74.6% | 75.3% | 76.1% | -0.7pp | -1.5pp |
| Net Margin | -254.0% | -15.9% | -2.0% | -238.1pp | -252.0pp |
| EPS (Diluted) | $-6.20 | $-0.46 | $-0.06 | -1247.8% | -10462.2% |
| Free Cash Flow | $37M | $92M | -$24M | -59.6% | 252.8% |
| Item | Amount |
|---|---|
| REVENUE | $175M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $130M |
| R&D Expenses | $42M |
| Selling & Marketing | $70M |
| General & Administrative | $26M |
| SG&A Expenses | $96M |
| Other Expenses | $455M |
| Operating Expenses | $594M |
| Cost & Expenses | $638M |
| OPERATING INCOME | -$463M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | -$454M |
| Income Tax Expense | -$10M |
| Net Income from Continuing Ops | -$443M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$443M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$443M |
| D&A | $19M |
| EBIT | -$452M |
| EBITDA | -$433M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$443M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $418M |
| Change in Working Capital | $41M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$62M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $362M |
| Short-Term Investments | $44M |
| Net Receivables | $129M |
| Inventory | $12M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $590M |
| PP&E (Net) | $65M |
| Goodwill | $1.1B |
| Intangible Assets | $295M |
| Long-Term Investments | $1M |
| Tax Assets | $48M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $16M |
| Short-Term Debt | $12M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $292M |
| TOTAL CURRENT LIABILITIES | $383M |
| Long-Term Debt | $110M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $120M |
| TOTAL NON-CURRENT LIABILITIES | $270M |
| TOTAL LIABILITIES | $653M |
| Common Stock | $133.0K |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | -$121M |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $157M |
| Net Debt | -$205M |
