| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $239M | $236M | $216M | 1.4% | 10.7% |
| Op. Income | -$18M | $13M | -$9M | -236.5% | -98.3% |
| Gross Margin | 78.1% | 78.2% | 77.3% | -0.1pp | 0.7pp |
| Net Margin | -9.6% | 0.8% | -6.7% | -10.4pp | -2.9pp |
| EPS (Diluted) | $-0.19 | $0.02 | $-0.12 | -1358.3% | -58.3% |
| Free Cash Flow | $81M | $79M | $47M | 2.6% | 71.6% |
| Item | Amount |
|---|---|
| REVENUE | $239M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $187M |
| R&D Expenses | $53M |
| Selling & Marketing | $103M |
| General & Administrative | $48M |
| SG&A Expenses | $151M |
| Other Expenses | $0 |
| Operating Expenses | $204M |
| Cost & Expenses | $257M |
| OPERATING INCOME | -$18M |
| Interest Income | $5M |
| Interest Expense | $7M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$23M |
| D&A | $10M |
| EBIT | -$12M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$23M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $56M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $148.0K |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$149M |
| Purchases of Investments | -$38M |
| Sales/Maturities of Investments | $62M |
| Other Investing Activities | -$624.0K |
| NET CASH FROM INVESTING | -$132M |
| Net Debt Issuance | -$938.0K |
| Common Stock Repurchased | -$60M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $81M |
| Net Change in Cash | -$95M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $233M |
| Short-Term Investments | $227M |
| Net Receivables | $168M |
| Inventory | $0 |
| Other Current Assets | $118M |
| TOTAL CURRENT ASSETS | $746M |
| PP&E (Net) | $82M |
| Goodwill | $656M |
| Intangible Assets | $129M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $947M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $18M |
| Short-Term Debt | $3M |
| Deferred Revenue | $633M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $715M |
| Long-Term Debt | $356M |
| Deferred Revenue NC | $175M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $595M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$884M |
| Treasury Stock | -$175M |
| Accum. Other Comp. Income | $328.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $383M |
| Minority Interest | $0 |
| TOTAL EQUITY | $383M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $420M |
| Net Debt | $186M |
