| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $405M | $326M | $309M | 24.3% | 31.3% |
| Op. Income | $15M | -$56M | -$45M | 127.0% | 133.4% |
| Gross Margin | 86.7% | 84.7% | 84.5% | 2.0pp | 2.1pp |
| Net Margin | 8.4% | -9.7% | -9.0% | 18.0pp | 17.3pp |
| EPS (Diluted) | $0.06 | $-0.06 | $-0.05 | 204.7% | 216.4% |
| Free Cash Flow | $142M | $41M | $92M | 244.5% | 54.6% |
| Item | Amount |
|---|---|
| REVENUE | $405M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $351M |
| R&D Expenses | $86M |
| Selling & Marketing | $192M |
| General & Administrative | $59M |
| SG&A Expenses | $250M |
| Other Expenses | $0 |
| Operating Expenses | $336M |
| Cost & Expenses | $390M |
| OPERATING INCOME | $15M |
| Interest Income | $15M |
| Interest Expense | $0 |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $4M |
| EBIT | $15M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $405M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $351M |
| R&D Expenses | $86M |
| Selling & Marketing | $192M |
| General & Administrative | $59M |
| SG&A Expenses | $250M |
| Other Expenses | $0 |
| Operating Expenses | $336M |
| Cost & Expenses | $390M |
| OPERATING INCOME | $15M |
| Interest Income | $15M |
| Interest Expense | $0 |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $4M |
| EBIT | $15M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | -$4M |
| Stock-Based Compensation | $89M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $28M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $146M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$479M |
| Sales/Maturities of Investments | $475M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$37M |
| NET CASH FROM FINANCING | -$82M |
| FREE CASH FLOW | $142M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $818M |
| Net Receivables | $524M |
| Inventory | $0 |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $80M |
| Goodwill | $89M |
| Intangible Assets | $15M |
| Long-Term Investments | $6M |
| Tax Assets | $5M |
| Other Non-Current Assets | $254M |
| TOTAL NON-CURRENT ASSETS | $449M |
| TOTAL ASSETS | $3.0B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $531M |
| TOTAL CURRENT LIABILITIES | $712M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $161M |
| Deferred Tax Liabilities | $133.0K |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $227M |
| TOTAL LIABILITIES | $939M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | -$1.9B |
| Treasury Stock | -$103M |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $67M |
| Net Debt | -$995M |
