| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $394M | $464M | $331M | -14.9% | 19.0% |
| Op. Income | $176M | $122M | $46M | 43.9% | 285.2% |
| Gross Margin | 74.1% | 94.1% | 54.5% | -20.0pp | 19.6pp |
| Net Margin | 47.0% | 17.6% | 25.6% | 29.4pp | 21.4pp |
| EPS (Diluted) | $0.18 | $0.08 | $0.09 | 126.4% | 100.0% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $394M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $292M |
| R&D Expenses | $28M |
| Selling & Marketing | $55M |
| General & Administrative | $27M |
| SG&A Expenses | $82M |
| Other Expenses | $6M |
| Operating Expenses | $117M |
| Cost & Expenses | $219M |
| OPERATING INCOME | $176M |
| Interest Income | $36M |
| Interest Expense | $0 |
| Other Income/Expenses | $42M |
| INCOME BEFORE TAX | $218M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $185M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $185M |
| D&A | $0 |
| EBIT | $176M |
| EBITDA | $176M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $394M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $292M |
| R&D Expenses | $28M |
| Selling & Marketing | $55M |
| General & Administrative | $27M |
| SG&A Expenses | $82M |
| Other Expenses | $6M |
| Operating Expenses | $117M |
| Cost & Expenses | $219M |
| OPERATING INCOME | $176M |
| Interest Income | $36M |
| Interest Expense | $0 |
| Other Income/Expenses | $42M |
| INCOME BEFORE TAX | $218M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $185M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $185M |
| D&A | $0 |
| EBIT | $176M |
| EBITDA | $176M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $185M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$200M |
| 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 | $1.7B |
| Net Receivables | $663M |
| Inventory | $0 |
| Other Current Assets | $403M |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $58M |
| Goodwill | $457M |
| Intangible Assets | $55M |
| Long-Term Investments | $1.6B |
| Tax Assets | $14M |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $79M |
| TOTAL CURRENT LIABILITIES | $524M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $541M |
| Common Stock | $196.7K |
| Additional Paid-In Capital | $6.6B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $466M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.6B |
| Minority Interest | $68M |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $8M |
| Net Debt | -$1.2B |
