| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $210M | $216M | $205M | -2.8% | 2.5% |
| Op. Income | -$101.0K | $4M | $10M | -102.8% | -101.0% |
| Gross Margin | 71.7% | 69.4% | 70.3% | 2.4pp | 1.4pp |
| Net Margin | 1.0% | -0.7% | 0.7% | 1.7pp | 0.3pp |
| EPS (Diluted) | $0.03 | $0.03 | $0.02 | 0.0% | 50.0% |
| Free Cash Flow | $28M | $63M | $30M | -54.6% | -6.7% |
| Item | Amount |
|---|---|
| REVENUE | $210M |
| Cost of Revenue | $59M |
| GROSS PROFIT | $151M |
| R&D Expenses | $48M |
| Selling & Marketing | $78M |
| General & Administrative | $23M |
| SG&A Expenses | $101M |
| Other Expenses | $2M |
| Operating Expenses | $151M |
| Cost & Expenses | $210M |
| OPERATING INCOME | -$101.0K |
| Interest Income | $6M |
| Interest Expense | $3M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $12M |
| EBIT | $7M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$134.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$144M |
| Sales/Maturities of Investments | $69M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $291M |
| Short-Term Investments | $202M |
| Net Receivables | $141M |
| Inventory | $0 |
| Other Current Assets | $99M |
| TOTAL CURRENT ASSETS | $733M |
| PP&E (Net) | $78M |
| Goodwill | $575M |
| Intangible Assets | $80M |
| Long-Term Investments | $99M |
| Tax Assets | $0 |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $912M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $12M |
| Short-Term Debt | $46M |
| Deferred Revenue | $448M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $589M |
| Long-Term Debt | $889M |
| Deferred Revenue NC | $28M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $642.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$986M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $419.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $53M |
| Minority Interest | $0 |
| TOTAL EQUITY | $53M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $1.0B |
| Net Debt | $723M |
