| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $169M | $187M | $167M | -9.8% | 1.1% |
| Op. Income | $2M | $25M | $13M | -91.9% | -84.9% |
| Gross Margin | 79.7% | 78.7% | 71.6% | 1.0pp | 8.1pp |
| Net Margin | 2.8% | 8.6% | 5.4% | -5.7pp | -2.5pp |
| EPS (Diluted) | $0.10 | $0.34 | $0.19 | -70.6% | -47.4% |
| Free Cash Flow | $27M | $31M | $46M | -13.2% | -41.8% |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $135M |
| R&D Expenses | $25M |
| Selling & Marketing | $56M |
| General & Administrative | $31M |
| SG&A Expenses | $87M |
| Other Expenses | $21M |
| Operating Expenses | $133M |
| Cost & Expenses | $167M |
| OPERATING INCOME | $2M |
| Interest Income | $7M |
| Interest Expense | $5M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $21M |
| EBIT | $12M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $34M |
| GROSS PROFIT | $135M |
| R&D Expenses | $25M |
| Selling & Marketing | $56M |
| General & Administrative | $31M |
| SG&A Expenses | $87M |
| Other Expenses | $21M |
| Operating Expenses | $133M |
| Cost & Expenses | $167M |
| OPERATING INCOME | $2M |
| Interest Income | $7M |
| Interest Expense | $5M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $21M |
| EBIT | $12M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | -$70M |
| Sales/Maturities of Investments | $69M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$181.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $284M |
| Short-Term Investments | $210M |
| Net Receivables | $105M |
| Inventory | $134M |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $760M |
| PP&E (Net) | $213M |
| Goodwill | $22M |
| Intangible Assets | $435M |
| Long-Term Investments | $0 |
| Tax Assets | $129M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $827M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $23M |
| Short-Term Debt | $202M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $315M |
| Long-Term Debt | $381M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $473M |
| TOTAL LIABILITIES | $788M |
| Common Stock | $47.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$202M |
| Treasury Stock | -$25M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $799M |
| Minority Interest | $0 |
| TOTAL EQUITY | $799M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $636M |
| Net Debt | $353M |
