| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $174M | $144M | -14.0% | 4.3% |
| Op. Income | -$10M | $21M | -$3M | -147.9% | -225.3% |
| Gross Margin | 89.5% | 85.0% | 88.6% | 4.5pp | 0.8pp |
| Net Margin | -7.9% | 8.8% | 0.1% | -16.7pp | -8.0pp |
| EPS (Diluted) | $-0.21 | $0.27 | $0.00 | -177.8% | -10600.0% |
| Free Cash Flow | $30M | $44M | $38M | -31.5% | -20.7% |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $134M |
| R&D Expenses | $27M |
| Selling & Marketing | $63M |
| General & Administrative | $27M |
| SG&A Expenses | $90M |
| Other Expenses | $27M |
| Operating Expenses | $144M |
| Cost & Expenses | $160M |
| OPERATING INCOME | -$10M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | -$6M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | -$12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$12M |
| D&A | $20M |
| EBIT | -$3M |
| EBITDA | $18M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$12M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$327.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$119M |
| Sales/Maturities of Investments | $156M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $116M |
| Short-Term Investments | $348M |
| Net Receivables | $146M |
| Inventory | $49M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $688M |
| PP&E (Net) | $11M |
| Goodwill | $117M |
| Intangible Assets | $502M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $660M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $52M |
| TOTAL CURRENT LIABILITIES | $282M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $981.0K |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $35M |
| TOTAL LIABILITIES | $317M |
| Common Stock | $56.0K |
| Additional Paid-In Capital | $486M |
| Retained Earnings | $545M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$159.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $32M |
| Net Debt | -$84M |
