| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $398M | $411M | $395M | -3.2% | 0.8% |
| Op. Income | -$15M | $20M | -$14M | -175.0% | -7.1% |
| Gross Margin | 93.2% | 99.3% | 85.6% | -6.1pp | 7.6pp |
| Net Margin | -2.8% | 0.2% | -14.9% | -3.0pp | 12.2pp |
| EPS (Diluted) | $-0.08 | $0.01 | $-0.43 | -1230.4% | 81.9% |
| Free Cash Flow | $83M | -$26M | $123M | 419.2% | -32.5% |
| Item | Amount |
|---|---|
| REVENUE | $398M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $371M |
| R&D Expenses | $22M |
| Selling & Marketing | $172M |
| General & Administrative | $161M |
| SG&A Expenses | $333M |
| Other Expenses | $31M |
| Operating Expenses | $386M |
| Cost & Expenses | $413M |
| OPERATING INCOME | -$15M |
| Interest Income | $10M |
| Interest Expense | $12M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$20M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | -$11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$11M |
| D&A | $21M |
| EBIT | -$8M |
| EBITDA | $13M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$11M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $56M |
| OPERATING CASH FLOW | $102M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $83M |
| Net Change in Cash | $90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $263M |
| Inventory | $0 |
| Other Current Assets | $67M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $238M |
| Goodwill | $825M |
| Intangible Assets | $35M |
| Long-Term Investments | $30M |
| Tax Assets | $100M |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $61M |
| Short-Term Debt | $18M |
| Deferred Revenue | $82M |
| Other Current Liabilities | $63M |
| TOTAL CURRENT LIABILITIES | $783M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $91M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $265M |
| Treasury Stock | -$847M |
| Accum. Other Comp. Income | -$402M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $643M |
| Minority Interest | $0 |
| TOTAL EQUITY | $643M |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $1.3B |
| Net Debt | $114M |
