| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $315M | $268M | $210M | 17.3% | 49.6% |
| Op. Income | $11M | -$8M | -$32M | 235.6% | 133.2% |
| Gross Margin | 54.6% | 55.9% | 53.4% | -1.3pp | 1.3pp |
| Net Margin | 4.8% | -6.5% | -16.8% | 11.3pp | 21.6pp |
| EPS (Diluted) | $0.06 | $-0.09 | $-0.22 | 165.8% | 127.7% |
| Free Cash Flow | $31M | $38M | $18M | -16.5% | 72.8% |
| Item | Amount |
|---|---|
| REVENUE | $315M |
| Cost of Revenue | $143M |
| GROSS PROFIT | $172M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $137M |
| Other Expenses | $0 |
| Operating Expenses | $161M |
| Cost & Expenses | $304M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $17.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $17M |
| EBIT | $9M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $315M |
| Cost of Revenue | $143M |
| GROSS PROFIT | $172M |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $137M |
| Other Expenses | $0 |
| Operating Expenses | $161M |
| Cost & Expenses | $304M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $17.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $17M |
| EBIT | $9M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$56M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$68M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | -$52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $366M |
| Short-Term Investments | $0 |
| Net Receivables | $235M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $617M |
| PP&E (Net) | $18M |
| Goodwill | $326M |
| Intangible Assets | $144M |
| Long-Term Investments | $0 |
| Tax Assets | $20M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $515M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $44M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $89M |
| TOTAL CURRENT LIABILITIES | $199M |
| Long-Term Debt | $196M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $255M |
| TOTAL LIABILITIES | $454M |
| Common Stock | $237.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $677M |
| Minority Interest | $0 |
| TOTAL EQUITY | $677M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $196M |
| Net Debt | -$170M |
