| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $311M | $302M | $269M | 2.8% | 15.3% |
| Op. Income | -$36M | -$66M | -$19M | 45.3% | -91.7% |
| Gross Margin | 79.1% | 81.2% | 83.0% | -2.1pp | -3.9pp |
| Net Margin | -10.6% | -20.6% | -4.1% | 10.0pp | -6.5pp |
| EPS (Diluted) | $-0.22 | $-0.42 | $-0.08 | 47.6% | -191.8% |
| Free Cash Flow | $62M | $347.0K | $58M | 17766.0% | 7.7% |
| Item | Amount |
|---|---|
| REVENUE | $311M |
| Cost of Revenue | $65M |
| GROSS PROFIT | $246M |
| R&D Expenses | $88M |
| Selling & Marketing | $139M |
| General & Administrative | $56M |
| SG&A Expenses | $194M |
| Other Expenses | $0 |
| Operating Expenses | $282M |
| Cost & Expenses | $347M |
| OPERATING INCOME | -$36M |
| Interest Income | $6M |
| Interest Expense | $285.0K |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | -$28M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$33M |
| D&A | $27M |
| EBIT | -$27M |
| EBITDA | -$555.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$33M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$41M |
| Purchases of Investments | -$135M |
| Sales/Maturities of Investments | $136M |
| Other Investing Activities | -$19M |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | -$388.0K |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$28M |
| NET CASH FROM FINANCING | -$126M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | -$124M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $314M |
| Short-Term Investments | $253M |
| Net Receivables | $162M |
| Inventory | $0 |
| Other Current Assets | $88M |
| TOTAL CURRENT ASSETS | $816M |
| PP&E (Net) | $96M |
| Goodwill | $573M |
| Intangible Assets | $258M |
| Long-Term Investments | $132M |
| Tax Assets | $0 |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $22M |
| Short-Term Debt | $0 |
| Deferred Revenue | $560M |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $686M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $81M |
| TOTAL LIABILITIES | $767M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $65M |
| Net Debt | -$249M |
