$368.29M
Revenue
$-18.60M
Net Income
28.91%
Gross Margin
-1.74%
Op. Margin
$43.14M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $368.29M | $368.29M | $394.88M | $420.46M | $542.75M | $601.60M |
| Revenue Growth % | 0.0% | -6.7% | -6.1% | -22.5% | -9.8% | nan% |
| Cost of Revenue | $261.83M | $261.83M | $280.88M | $322.90M | $390.46M | $428.59M |
| Gross Profit | $106.46M | $106.46M | $113.99M | $97.56M | $152.29M | $173.02M |
| Gross Margin % | 28.9% | 28.9% | 28.9% | 23.2% | 28.1% | 28.8% |
| Research & Development | $26.27M | $26.27M | $29.72M | $31.28M | $32.45M | $30.92M |
| Selling General & Admin | $85.38M | $85.38M | $91.81M | $98.49M | $105.29M | $118.85M |
| Operating Income | $-6.40M | $-6.40M | $-15.30M | $-85.30M | $14.55M | $23.25M |
| Operating Margin % | -1.7% | -1.7% | -3.9% | -20.3% | 2.7% | 3.9% |
| Interest Expense | $3.84M | $1.97M | $4.74M | $7.01M | $2.21M | $620.00K |
| Other Income/Expense | $-4.62M | $-4.62M | $60.00K | $-2.62M | $-955.00K | $-557.00K |
| Income Before Tax | $-11.96M | $-11.96M | $-18.60M | $-92.25M | $11.39M | $16.08M |
| Income Tax Expense | $6.64M | $6.64M | $5.43M | $5.98M | $10.99M | $10.78M |
| Net Income | $-18.60M | $-18.60M | $-24.03M | $-98.24M | $407.00K | $5.30M |
| Net Margin % | -5.1% | -5.1% | -6.1% | -23.4% | 0.1% | 0.9% |
| Basic EPS | nan | -1.41 | -1.85 | -7.64 | 0.03 | 0.39 |
| Diluted EPS | nan | -1.41 | -1.85 | -7.64 | 0.03 | 0.39 |
| Basic Shares Outstanding | -35K | 13.2M | 13.0M | 12.9M | 12.7M | 13.5M |
| Diluted Shares Outstanding | -35K | 13.2M | 13.0M | 12.9M | 12.8M | 13.7M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $32.31M | $26.78M | - | $66.74M | $60.81M |
| Accounts Receivable | $70.40M | $91.53M | $112.60M | - | - |
| Inventory | $77.79M | $79.36M | $88.27M | $140.18M | $134.47M |
| Other Current Assets | $6.80M | $9.48M | $7.33M | $6.65M | $7.29M |
| Total Current Assets | $205.12M | $242.49M | $258.85M | $338.04M | $337.15M |
| Property Plant & Equipment | $25.82M | $32.90M | $44.62M | $62.79M | $74.65M |
| Goodwill | - | - | - | $49.09M | $48.46M |
| Intangible Assets | $21.97M | $24.04M | $25.35M | $24.47M | $20.17M |
| Other Non-current Assets | $3.61M | $1.87M | $1.57M | $1.94M | $2.35M |
| Total Assets | $274.00M | $323.35M | $355.87M | $504.16M | $510.35M |
| Accounts Payable | $48.95M | $72.03M | $57.03M | $71.37M | $92.71M |
| Deferred Revenue | $2.16M | $2.52M | - | - | - |
| Total Current Liabilities | $119.31M | $158.29M | $161.15M | $216.47M | $216.79M |
| Deferred Tax Liabilities | $1.51M | $1.93M | $1.99M | $2.72M | $2.39M |
| Other Non-current Liabilities | $729.00K | $723.00K | $817.00K | $810.00K | $13.00K |
| Total Liabilities | $127.81M | $170.25M | $176.95M | $235.76M | $234.40M |
| Common Stock | - | - | - | - | $247.00K |
| Retained Earnings | $189.83M | $208.43M | $232.46M | $330.70M | $330.29M |
| Treasury Stock | - | - | $369.97M | $368.19M | $355.16M |
| Total Stockholders Equity | $146.18M | $153.10M | $178.92M | $268.41M | $275.95M |
| Total Liabilities & Equity | $274.00M | $323.35M | $355.87M | $504.16M | $510.35M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $-18.60M | $-18.60M | $-24.03M | $-98.24M | $407.00K | $5.30M |
| Depreciation & Amortization | $25.86M | $14.19M | $18.06M | $22.93M | $24.03M | $26.75M |
| Stock-based Compensation | $10.31M | $5.10M | $6.70M | $8.81M | $10.01M | $9.97M |
| Deferred Income Tax | - | $502.00K | $281.00K | $-1.28M | - | - |
| Change in Receivables | $-75.40M | $-41.54M | $12.17M | $-5.04M | $-12.77M | $-2.01M |
| Change in Inventory | $-9.24M | $-4.57M | $-6.24M | $-51.46M | $9.91M | $14.98M |
| Operating Cash Flow | $50.31M | $23.63M | $14.82M | $25.19M | $10.93M | $40.28M |
| Capital Expenditure | $7.18M | $3.88M | $4.57M | $8.12M | $14.01M | $12.59M |
| Acquisitions | - | - | - | - | $939.00K | - |
| Purchases of Investments | $6.34M | $2.54M | - | - | - | - |
| Investing Cash Flow | $-12.65M | $-6.75M | $-8.43M | $-13.88M | $-21.21M | $-17.04M |
| Stock Repurchased | $4.22M | $3.09M | $1.96M | $1.78M | $13.04M | $59.66M |
| Financing Cash Flow | $-30.79M | $-16.66M | $-19.76M | $-34.78M | $20.50M | $-22.03M |
| Net Change in Cash | $13.61M | $5.52M | $-15.97M | $-23.99M | $5.93M | $3.66M |
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing
Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $90.55M | - | $280.54M | - |
| Cost of Revenue | $65.43M | - | $200.14M | - |
| Gross Profit | $25.12M | - | $80.40M | - |
| Research & Development | $6.69M | - | $20.88M | - |
| Selling General & Admin | $22.11M | - | $65.94M | - |
| Operating Income | $-4.51M | - | $-7.26M | - |
| Interest Expense | - | - | $1.71M | - |
| Other Income/Expense | $-1.00M | - | $-2.70M | - |
| Income Before Tax | $-5.76M | - | $-10.91M | - |
| Income Tax Expense | $2.57M | - | $6.60M | - |
| Net Income | $-8.33M | $-8.19M | $-17.52M | - |
| Basic EPS | -0.62 | - | -1.33 | - |
| Diluted EPS | -0.62 | - | -1.33 | - |
| Basic Shares Outstanding | $13.34M | - | $13.21M | - |
| Diluted Shares Outstanding | $13.34M | - | $13.21M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $31.51M | $26.78M |
| Inventory | $80.61M | $79.36M |
| Other Current Assets | $6.08M | $9.48M |
| Total Current Assets | $208.58M | $242.49M |
| Property Plant & Equipment | $29.33M | $34.21M |
| Intangible Assets | $22.58M | $24.04M |
| Other Non-current Assets | $3.26M | $1.87M |
| Total Assets | $280.70M | $323.35M |
| Accounts Payable | $59.20M | $72.03M |
| Total Current Liabilities | $124.72M | $158.29M |
| Deferred Tax Liabilities | $2.14M | $1.93M |
| Other Non-current Liabilities | $729.00K | $723.00K |
| Total Liabilities | $134.55M | $170.25M |
| Retained Earnings | $190.92M | $208.43M |
| Total Stockholders Equity | $146.15M | $153.10M |
| Total Liabilities & Equity | $280.70M | $323.35M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-8.33M | $-8.19M | $-17.52M | - |
| Depreciation & Amortization | - | - | $11.08M | - |
| Stock-based Compensation | - | - | $4.27M | - |
| Change in Receivables | - | - | $-38.90M | - |
| Change in Inventory | - | - | $-1.40M | - |
| Operating Cash Flow | - | - | $27.84M | - |
| Capital Expenditure | - | - | $3.14M | - |
| Purchases of Investments | - | - | $2.54M | - |
| Investing Cash Flow | - | - | $-5.70M | - |
| Stock Repurchased | - | - | $780.00K | - |
| Financing Cash Flow | - | - | $-19.83M | - |
| Net Change in Cash | - | - | $4.72M | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.