| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $35M | $12M | -15.7% | 151.2% |
| Op. Income | $128M | -$257M | -$29M | 149.8% | 549.0% |
| Gross Margin | 36.5% | 39.9% | 59.7% | -3.5pp | -23.3pp |
| Net Margin | 446.1% | -748.6% | -284.7% | 1194.7pp | 730.8pp |
| EPS (Diluted) | $0.31 | $-0.69 | $-0.12 | 144.9% | 358.3% |
| Free Cash Flow | -$19M | -$33M | -$22M | 41.7% | 12.2% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $11M |
| R&D Expenses | $25M |
| Selling & Marketing | $12M |
| General & Administrative | $18M |
| SG&A Expenses | $30M |
| Other Expenses | -$173M |
| Operating Expenses | -$117M |
| Cost & Expenses | -$99M |
| OPERATING INCOME | $128M |
| Interest Income | $2M |
| Interest Expense | $235.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $131M |
| Income Tax Expense | $819.0K |
| Net Income from Continuing Ops | $130M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $130M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $8M |
| EBIT | $131M |
| EBITDA | $139M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $11M |
| R&D Expenses | $25M |
| Selling & Marketing | $12M |
| General & Administrative | $18M |
| SG&A Expenses | $30M |
| Other Expenses | -$173M |
| Operating Expenses | -$117M |
| Cost & Expenses | -$99M |
| OPERATING INCOME | $128M |
| Interest Income | $2M |
| Interest Expense | $235.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $131M |
| Income Tax Expense | $819.0K |
| Net Income from Continuing Ops | $130M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $130M |
| Net Income Deductions | $2M |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $8M |
| EBIT | $131M |
| EBITDA | $139M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $130M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$1.0K |
| Other Non-Cash Items | -$177M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$162.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$162.0K |
| Net Debt Issuance | -$21.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$676.0K |
| NET CASH FROM FINANCING | $67M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | $48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $246M |
| Short-Term Investments | $0 |
| Net Receivables | $42M |
| Inventory | $0 |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $295M |
| PP&E (Net) | $6M |
| Goodwill | $101M |
| Intangible Assets | $167M |
| Long-Term Investments | $13M |
| Tax Assets | $5.0K |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $292M |
| TOTAL ASSETS | $588M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $27M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $60M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $120M |
| TOTAL NON-CURRENT LIABILITIES | $131M |
| TOTAL LIABILITIES | $191M |
| Common Stock | $39.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$813M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $211.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $397M |
| Minority Interest | $0 |
| TOTAL EQUITY | $397M |
| TOTAL LIABILITIES & EQUITY | $588M |
| Total Debt | $5M |
| Net Debt | -$241M |
