| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $193M | $191M | $191M | 0.6% | 0.9% |
| Op. Income | $39M | $14M | $13M | 184.8% | 196.5% |
| Gross Margin | 78.3% | 77.7% | 76.9% | 0.6pp | 1.5pp |
| Net Margin | 19.6% | 76.9% | 9.7% | -57.3pp | 9.9pp |
| EPS (Diluted) | $0.27 | $1.03 | $0.13 | -73.8% | 107.7% |
| Free Cash Flow | $31M | $5M | $12M | 565.9% | 153.4% |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $151M |
| R&D Expenses | $46M |
| Selling & Marketing | $36M |
| General & Administrative | $28M |
| SG&A Expenses | $64M |
| Other Expenses | $2M |
| Operating Expenses | $112M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | -$576.0K |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $5M |
| EBIT | $39M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $193M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $151M |
| R&D Expenses | $46M |
| Selling & Marketing | $36M |
| General & Administrative | $28M |
| SG&A Expenses | $64M |
| Other Expenses | $2M |
| Operating Expenses | $112M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | -$576.0K |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $5M |
| EBIT | $39M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $771.0K |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$51M |
| Sales/Maturities of Investments | $52M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$33M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $304M |
| Short-Term Investments | $318M |
| Net Receivables | $78M |
| Inventory | $0 |
| Other Current Assets | $238M |
| TOTAL CURRENT ASSETS | $938M |
| PP&E (Net) | $40M |
| Goodwill | $121M |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $128M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $302M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $275M |
| Long-Term Debt | $358M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $371M |
| TOTAL LIABILITIES | $646M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $635M |
| Retained Earnings | -$41M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $548.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $594M |
| Minority Interest | $0 |
| TOTAL EQUITY | $594M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $370M |
| Net Debt | $66M |
