| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $174M | $164M | $126M | 6.1% | 38.1% |
| Op. Income | -$81M | -$81M | -$100M | 0.3% | 18.8% |
| Gross Margin | 72.3% | 73.3% | 68.5% | -1.1pp | 3.8pp |
| Net Margin | -41.3% | -42.8% | -74.3% | 1.5pp | 33.0pp |
| EPS (Diluted) | $-0.24 | $-0.24 | $-0.33 | 0.0% | 27.3% |
| Free Cash Flow | -$11M | -$30M | -$26M | 63.8% | 58.1% |
| Item | Amount |
|---|---|
| REVENUE | $174M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $126M |
| R&D Expenses | $56M |
| Selling & Marketing | $101M |
| General & Administrative | $47M |
| SG&A Expenses | $148M |
| Other Expenses | $2M |
| Operating Expenses | $207M |
| Cost & Expenses | $255M |
| OPERATING INCOME | -$81M |
| Interest Income | $12M |
| Interest Expense | $3.0K |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | -$70M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$72M |
| D&A | $10M |
| EBIT | -$70M |
| EBITDA | -$60M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$72M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $54M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$14M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $135M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $113M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $24M |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $131M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $257M |
| Short-Term Investments | $669M |
| Net Receivables | $214M |
| Inventory | $0 |
| Other Current Assets | $115M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $67M |
| Goodwill | $549M |
| Intangible Assets | $123M |
| Long-Term Investments | $205M |
| Tax Assets | $0 |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $400M |
| Other Current Liabilities | $105M |
| TOTAL CURRENT LIABILITIES | $590M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $115M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $137M |
| TOTAL LIABILITIES | $727M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | -$1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $23M |
| Net Debt | -$234M |
