| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $176M | — | $154M | — | 14.2% |
| Op. Income | -$5M | — | $2M | — | -322.1% |
| Gross Margin | 70.6% | — | 70.4% | — | 0.2pp |
| Net Margin | -4.3% | — | -1.0% | — | -3.2pp |
| EPS (Diluted) | $-0.11 | — | $-0.02 | — | -360.3% |
| Free Cash Flow | -$10M | — | $26M | — | -137.3% |
| Item | Amount |
|---|---|
| REVENUE | $176M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $124M |
| R&D Expenses | $44M |
| Selling & Marketing | $54M |
| General & Administrative | $31M |
| SG&A Expenses | $85M |
| Other Expenses | $0 |
| Operating Expenses | $129M |
| Cost & Expenses | $181M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$804.0K |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $5M |
| EBIT | -$5M |
| EBITDA | -$488.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $28.0K |
| Other Non-Cash Items | $519.0K |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$226.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$593.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$680.0K |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $310M |
| Short-Term Investments | $32M |
| Net Receivables | $208M |
| Inventory | $0 |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $585M |
| PP&E (Net) | $31M |
| Goodwill | $502M |
| Intangible Assets | $31M |
| Long-Term Investments | $3M |
| Tax Assets | $2M |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $621M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $85M |
| Short-Term Debt | $0 |
| Deferred Revenue | $38M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $190M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $65M |
| TOTAL LIABILITIES | $254M |
| Common Stock | $16M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$2.3B |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $952M |
| Minority Interest | $0 |
| TOTAL EQUITY | $952M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $41M |
| Net Debt | -$270M |
