| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $195M | $189M | $176M | 3.2% | 10.7% |
| Op. Income | $7M | -$12M | -$5M | 162.7% | 243.2% |
| Gross Margin | 70.1% | 69.3% | 70.6% | 0.8pp | -0.5pp |
| Net Margin | 4.0% | -3.3% | -4.3% | 7.3pp | 8.2pp |
| EPS (Diluted) | $0.12 | $-0.09 | $-0.11 | 228.9% | 209.1% |
| Free Cash Flow | -$16M | $61M | -$10M | -126.3% | -69.1% |
| Item | Amount |
|---|---|
| REVENUE | $195M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $137M |
| R&D Expenses | $40M |
| Selling & Marketing | $52M |
| General & Administrative | $37M |
| SG&A Expenses | $89M |
| Other Expenses | $423.0K |
| Operating Expenses | $129M |
| Cost & Expenses | $188M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $3M |
| EBIT | $8M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $195M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $137M |
| R&D Expenses | $40M |
| Selling & Marketing | $52M |
| General & Administrative | $37M |
| SG&A Expenses | $89M |
| Other Expenses | $423.0K |
| Operating Expenses | $129M |
| Cost & Expenses | $188M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $3M |
| EBIT | $8M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $112.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$54M |
| OPERATING CASH FLOW | -$16M |
| Capital Expenditure | -$336.0K |
| Acquisitions (Net) | -$595.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $14.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$917.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | -$50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $364M |
| Short-Term Investments | $8M |
| Net Receivables | $226M |
| Inventory | $0 |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $632M |
| PP&E (Net) | $25M |
| Goodwill | $502M |
| Intangible Assets | $17M |
| Long-Term Investments | $3M |
| Tax Assets | $2M |
| Other Non-Current Assets | $50M |
| TOTAL NON-CURRENT ASSETS | $600M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $108M |
| Short-Term Debt | $0 |
| Deferred Revenue | $52M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $222M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $62M |
| TOTAL LIABILITIES | $284M |
| Common Stock | $16M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$2.5B |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $948M |
| Minority Interest | $0 |
| TOTAL EQUITY | $948M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $35M |
| Net Debt | -$329M |
