$477.23M
Revenue
$-3.85B
Net Income
68.69%
Gross Margin
-1140.82%
Op. Margin
$-122.71M
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $122.99M | $128.69M | $114.49M | $111.07M | $120.70M | $116.07M | $111.44M |
| Revenue Growth % (YoY) | 1.9% | 10.9% | 2.7% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $41.68M | $38.01M | $35.75M | $33.97M | $34.17M | $34.35M | $30.93M |
| Gross Profit | $81.31M | $90.68M | $78.74M | $77.09M | $86.53M | $81.72M | $80.51M |
| Gross Margin % | 66.1% | 70.5% | 68.8% | 69.4% | 71.7% | 70.4% | 72.2% |
| Operating Expenses | $17.53B | $-3.80B | $-13.95B | $6.00B | $1.10B | $514.30M | $280.78M |
| Research & Development | $22.76M | $22.60M | $24.07M | $24.42M | $25.69M | $33.30M | $30.31M |
| Operating Income | $-17.45B | $3.89B | $14.03B | $-5.92B | $-1.02B | $-432.58M | $-200.27M |
| Operating Margin % | -14185.0% | 3023.4% | 12256.3% | -5331.4% | -842.1% | -372.7% | -179.7% |
| Other Income/Expense | $-3.68M | $-716.00K | $-8.27M | $-3.94M | $6.15M | $-5.03M | $694.00K |
| Income Before Tax | $-17.46B | $3.87B | $14.01B | $-5.94B | $-1.03B | $-478.68M | $-215.05M |
| Income Tax Expense | $-5.02B | $1.09B | $3.98B | $-1.73B | $-355.93M | $-138.50M | $-112.49M |
| Net Income | $-12.44B | $2.79B | $10.02B | $-4.22B | $-670.81M | $-340.17M | $-102.56M |
| Net Margin % | -10112.1% | 2164.1% | 8752.7% | -3797.2% | -555.8% | -293.1% | -92.0% |
| Basic EPS | nan | 9.30 | 36.23 | -16.49 | -3.35 | -1.72 | -5.74 |
| Diluted EPS | nan | 8.42 | 32.60 | -16.49 | -3.35 | -1.72 | -5.74 |
| Basic Shares Outstanding | 5.5M | 284.4M | 275.2M | 256.5M | 9.9M | 197.3M | 17.9M |
| Diluted Shares Outstanding | -26.3M | 315.4M | 306.8M | 256.5M | 9.9M | 197.3M | 17.9M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $2.30B | $54.28M | $50.09M | $60.30M | $38.12M | $46.34M | $66.92M |
| Accounts Receivable | $205.75M | $113.41M | $117.87M | $104.58M | $181.20M | $107.17M | $112.23M |
| Other Current Assets | $55.05M | $44.34M | $43.46M | $36.77M | $31.22M | $30.67M | $27.23M |
| Total Current Assets | $2.56B | $213.95M | $213.46M | $203.61M | $252.32M | $186.04M | $208.27M |
| Property Plant & Equipment | $28.86M | $29.95M | $30.20M | $28.34M | $26.33M | $27.52M | $28.33M |
| Total Assets | $61.64B | $73.62B | $64.77B | $43.92B | $25.84B | $8.34B | $7.05B |
| Deferred Revenue | $272.12M | $200.64M | $214.25M | $215.69M | $237.97M | $184.40M | $204.84M |
| Total Current Liabilities | $456.49M | $324.09M | $314.57M | $308.69M | $355.38M | $288.11M | $446.06M |
| Long-term Debt | $8.19B | $8.17B | $8.16B | $8.14B | $7.19B | $4.21B | $3.70B |
| Deferred Tax Liabilities | $1.93B | $6.95B | $5.87B | $1.88B | $407.00K | $357.00K | $357.00K |
| Other Non-current Liabilities | $4.74M | $4.79M | $4.67M | $4.44M | $5.38M | $5.68M | $5.96M |
| Total Liabilities | $10.60B | $15.50B | $14.40B | $10.39B | $7.61B | $4.57B | $4.22B |
| Retained Earnings | $6.32B | $18.95B | $16.32B | $6.35B | $-2.17B | $-1.50B | $-1.15B |
| Treasury Stock | - | - | - | - | - | $782.10M | $782.10M |
| Total Stockholders Equity | $44.12B | $52.33B | $47.48B | $32.22B | $18.23B | $3.77B | $2.83B |
| Total Liabilities & Equity | $61.64B | $73.62B | $64.77B | $43.92B | $25.84B | $8.34B | $7.05B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Net Income | $-12.44B | $2.79B | $10.02B | $-4.22B | $-670.81M | $-495.85M | $-155.68M |
| Depreciation & Amortization | $5.63M | $19.89M | $15.69M | $6.58M | $5.13M | $12.68M | $6.70M |
| Stock-based Compensation | $10.32M | $43.04M | $27.56M | $11.82M | $19.34M | $57.79M | $38.41M |
| Change in Receivables | $3.92M | $-24.32M | $-14.96M | $-10.54M | $21.69M | $-27.37M | $-20.12M |
| Operating Cash Flow | $-21.63M | $-45.61M | $-37.30M | $-2.39M | $-17.32M | $-35.71M | $5.26M |
| Capital Expenditure | $584.00K | $7.63M | $4.83M | $2.74M | $284.00K | $2.69M | $2.27M |
| Investing Cash Flow | $-3.09B | $-19.42B | $-14.46B | $-7.67B | $-18.08B | $-4.01B | $-2.44B |
| Stock Issued | $4.41B | $11.87B | $9.66B | $4.41B | $15.12B | $1.25B | $137.76M |
| Financing Cash Flow | $5.37B | $19.48B | $14.50B | $7.69B | $18.09B | $4.05B | $2.45B |
| Net Change in Cash | $2.25B | $16.30M | $12.23M | $22.36M | $-8.31M | $-468.00K | $20.13M |
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 | $128.69M | - | $354.25M | - |
| Cost of Revenue | $38.01M | - | $107.73M | - |
| Gross Profit | $90.68M | - | $246.51M | - |
| Operating Expenses | $-3.80B | - | $-11.75B | - |
| Research & Development | $22.60M | - | $71.10M | - |
| Operating Income | $3.89B | - | $12.00B | - |
| Other Income/Expense | $-716.00K | - | $-12.92M | - |
| Income Before Tax | $3.87B | - | $11.93B | - |
| Income Tax Expense | $1.09B | - | $3.35B | - |
| Net Income | $2.79B | $-102.56M | $8.59B | - |
| Basic EPS | 9.30 | - | 30.83 | - |
| Diluted EPS | 8.42 | - | 27.71 | - |
| Basic Shares Outstanding | $284.38M | - | $272.14M | - |
| Diluted Shares Outstanding | $315.39M | - | $303.99M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $54.28M | $38.12M |
| Accounts Receivable | $113.41M | $181.20M |
| Other Current Assets | $44.34M | $31.22M |
| Total Current Assets | $213.95M | $252.32M |
| Property Plant & Equipment | $29.95M | $26.33M |
| Total Assets | $73.62B | $25.84B |
| Deferred Revenue | $200.64M | $237.97M |
| Total Current Liabilities | $324.09M | $355.38M |
| Long-term Debt | $8.17B | $7.19B |
| Deferred Tax Liabilities | $6.95B | $407.00K |
| Other Non-current Liabilities | $4.79M | $5.38M |
| Total Liabilities | $15.50B | $7.61B |
| Retained Earnings | $18.95B | $-2.17B |
| Total Stockholders Equity | $52.33B | $18.23B |
| Total Liabilities & Equity | $73.62B | $25.84B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $2.79B | $-102.56M | $8.59B | - |
| Depreciation & Amortization | - | - | $19.89M | - |
| Stock-based Compensation | - | - | $43.04M | - |
| Change in Receivables | - | - | $-24.32M | - |
| Operating Cash Flow | - | - | $-45.61M | - |
| Capital Expenditure | - | - | $7.63M | - |
| Investing Cash Flow | - | - | $-19.42B | - |
| Stock Issued | - | - | $11.87B | - |
| Financing Cash Flow | - | - | $19.48B | - |
| Net Change in Cash | - | - | $16.30M | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.