| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $617M | $605M | $518M | 2.0% | 19.1% |
| Op. Income | -$47M | -$83M | -$160M | 43.4% | 70.6% |
| Gross Margin | 76.0% | 76.0% | 72.6% | -0.0pp | 3.4pp |
| Net Margin | -6.5% | -7.3% | -23.0% | 0.8pp | 16.5pp |
| EPS (Diluted) | $-0.24 | $-0.27 | $-0.74 | 11.1% | 67.6% |
| Free Cash Flow | $214M | $166M | $124M | 28.9% | 72.6% |
| Item | Amount |
|---|---|
| REVENUE | $617M |
| Cost of Revenue | $148M |
| GROSS PROFIT | $469M |
| R&D Expenses | $163M |
| Selling & Marketing | $236M |
| General & Administrative | $117M |
| SG&A Expenses | $353M |
| Other Expenses | $0 |
| Operating Expenses | $516M |
| Cost & Expenses | $664M |
| OPERATING INCOME | -$47M |
| Interest Income | $27M |
| Interest Expense | $2M |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | -$22M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | -$40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$40M |
| D&A | $25M |
| EBIT | -$20M |
| EBITDA | $5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$40M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $151M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $29M |
| Change in Working Capital | $53M |
| OPERATING CASH FLOW | $219M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$56M |
| Purchases of Investments | -$459M |
| Sales/Maturities of Investments | $326M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$194M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$37M |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $214M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $322M |
| Short-Term Investments | $2.0B |
| Net Receivables | $307M |
| Inventory | $0 |
| Other Current Assets | $290M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $128M |
| Goodwill | $5.4B |
| Intangible Assets | $184M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $278M |
| TOTAL NON-CURRENT ASSETS | $6.0B |
| TOTAL ASSETS | $9.0B |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.4B |
| Other Current Liabilities | $117M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $8.8B |
| Retained Earnings | -$2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.0B |
| TOTAL LIABILITIES & EQUITY | $9.0B |
| Total Debt | $1.3B |
| Net Debt | $941M |
