| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $397M | $457M | $395M | -13.1% | 0.3% |
| Op. Income | $110M | $118M | $100M | -6.4% | 10.6% |
| Gross Margin | 77.6% | 78.0% | 78.0% | -0.4pp | -0.4pp |
| Net Margin | 27.0% | 1.9% | 12.5% | 25.0pp | 14.5pp |
| EPS (Diluted) | $0.40 | $0.04 | $0.19 | 972.4% | 110.5% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $397M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $308M |
| R&D Expenses | $76M |
| Selling & Marketing | $96M |
| General & Administrative | $26M |
| SG&A Expenses | $122M |
| Other Expenses | $0 |
| Operating Expenses | $198M |
| Cost & Expenses | $287M |
| OPERATING INCOME | $110M |
| Interest Income | $14M |
| Interest Expense | $0 |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $132M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $107M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $107M |
| D&A | $0 |
| EBIT | $110M |
| EBITDA | $110M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $397M |
| Cost of Revenue | $89M |
| GROSS PROFIT | $308M |
| R&D Expenses | $76M |
| Selling & Marketing | $96M |
| General & Administrative | $26M |
| SG&A Expenses | $122M |
| Other Expenses | $0 |
| Operating Expenses | $198M |
| Cost & Expenses | $287M |
| OPERATING INCOME | $110M |
| Interest Income | $14M |
| Interest Expense | $0 |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $132M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $107M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $107M |
| D&A | $0 |
| EBIT | $110M |
| EBITDA | $110M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $107M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$122M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $878M |
| Net Receivables | $810M |
| Inventory | $0 |
| Other Current Assets | $341M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $227M |
| Goodwill | $0 |
| Intangible Assets | $269M |
| Long-Term Investments | $1.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $6.7B |
| Account Payables | $165M |
| Short-Term Debt | $0 |
| Deferred Revenue | $87M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $96M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $3.4B |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $76M |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $1.9B |
| Net Debt | $657M |
