| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $286M | $235M | $217M | 22.1% | 32.0% |
| Op. Income | -$44M | $3M | -$7M | -1852.9% | -573.6% |
| Gross Margin | 28.9% | 23.9% | 19.2% | 5.0pp | 9.7pp |
| Net Margin | -19.2% | -0.1% | -2.3% | -19.1pp | -16.8pp |
| EPS (Diluted) | $-1.10 | $-0.00 | $-0.10 | -34275.0% | -1000.0% |
| Free Cash Flow | -$7M | $38M | $5M | -117.5% | -241.8% |
| Item | Amount |
|---|---|
| REVENUE | $286M |
| Cost of Revenue | $204M |
| GROSS PROFIT | $83M |
| R&D Expenses | $14M |
| Selling & Marketing | $54M |
| General & Administrative | $36M |
| SG&A Expenses | $90M |
| Other Expenses | $23M |
| Operating Expenses | $127M |
| Cost & Expenses | $331M |
| OPERATING INCOME | -$44M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | -$68M |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | -$55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$55M |
| D&A | $13M |
| EBIT | -$44M |
| EBITDA | -$32M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$55M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $32M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | -$966.0K |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$598M |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $74M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$546M |
| Net Debt Issuance | $625M |
| Common Stock Repurchased | -$355.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$29M |
| NET CASH FROM FINANCING | $596M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $136M |
| Short-Term Investments | $20M |
| Net Receivables | $328M |
| Inventory | $0 |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $534M |
| PP&E (Net) | $75M |
| Goodwill | $587M |
| Intangible Assets | $391M |
| Long-Term Investments | $0 |
| Tax Assets | $50M |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $274M |
| Short-Term Debt | $16M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $61M |
| TOTAL CURRENT LIABILITIES | $473M |
| Long-Term Debt | $611M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $62M |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $741M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $94.0K |
| Additional Paid-In Capital | $674M |
| Retained Earnings | -$224M |
| Treasury Stock | -$242.0K |
| Accum. Other Comp. Income | $25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $475M |
| Minority Interest | $0 |
| TOTAL EQUITY | $475M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $656M |
| Net Debt | $520M |
