| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $177M | $178M | $157M | -0.8% | 12.9% |
| Op. Income | $4M | -$13M | -$2M | 134.2% | 386.6% |
| Gross Margin | 63.8% | 65.6% | 61.1% | -1.8pp | 2.7pp |
| Net Margin | 6.3% | -38.0% | 1.7% | 44.3pp | 4.6pp |
| EPS (Diluted) | $0.07 | $-0.43 | $0.02 | 116.3% | 250.0% |
| Free Cash Flow | -$12M | $18M | $5M | -168.4% | -372.1% |
| Item | Amount |
|---|---|
| REVENUE | $177M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $113M |
| R&D Expenses | $21M |
| Selling & Marketing | $48M |
| General & Administrative | $45M |
| SG&A Expenses | $93M |
| Other Expenses | -$6M |
| Operating Expenses | $109M |
| Cost & Expenses | $173M |
| OPERATING INCOME | $4M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$5M |
| 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 | $23M |
| EBIT | -$10M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $177M |
| Cost of Revenue | $64M |
| GROSS PROFIT | $113M |
| R&D Expenses | $21M |
| Selling & Marketing | $48M |
| General & Administrative | $45M |
| SG&A Expenses | $93M |
| Other Expenses | -$6M |
| Operating Expenses | $109M |
| Cost & Expenses | $173M |
| OPERATING INCOME | $4M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$5M |
| 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 | $23M |
| EBIT | -$10M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$929.0K |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$12.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$21M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $270M |
| Short-Term Investments | $0 |
| Net Receivables | $152M |
| Inventory | $0 |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $505M |
| PP&E (Net) | $197M |
| Goodwill | $369M |
| Intangible Assets | $41M |
| Long-Term Investments | $0 |
| Tax Assets | $19.0K |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $649M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | $350M |
| Other Current Liabilities | $74M |
| TOTAL CURRENT LIABILITIES | $513M |
| Long-Term Debt | $336M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $79M |
| TOTAL NON-CURRENT LIABILITIES | $441M |
| TOTAL LIABILITIES | $954M |
| Common Stock | $158.0K |
| Additional Paid-In Capital | $273M |
| Retained Earnings | -$42M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $200M |
| Minority Interest | $0 |
| TOTAL EQUITY | $200M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $351M |
| Net Debt | $81M |
