$41.46M
Revenue
$-2.53M
Net Income
-
Gross Margin
48.91%
Op. Margin
$50.87M
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) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $41.46M | $41.46M | $44.99M | $37.76M | $41.48M | $56.16M | $36.71M | $30.75M | $25.99M | $37.49M | $22.38M |
| Revenue Growth % | 0.0% | -7.8% | 19.1% | -9.0% | -26.1% | 53.0% | 19.4% | 18.3% | -30.7% | 67.5% | nan% |
| Operating Expenses | - | - | - | $-14.65M | $-9.97M | $25.11M | $31.92M | $16.11M | $19.10M | $12.61M | $12.56M |
| Research & Development | $1.55M | $1.55M | $2.20M | $3.44M | $6.95M | $7.35M | $4.27M | $1.18M | - | - | - |
| Operating Income | $20.27M | $20.27M | $11.59M | $14.65M | - | - | - | - | - | - | - |
| Operating Margin % | 48.9% | 48.9% | 25.8% | 38.8% | nan% | nan% | nan% | nan% | nan% | nan% | nan% |
| Interest Expense | $2.19M | $1.10M | $1.10M | $1.85M | $340.00K | $374.00K | $455.00K | $338.00K | $160.00K | - | - |
| Interest Income | - | - | - | - | - | - | - | - | - | - | $92.00K |
| Income Before Tax | $20.12M | $20.12M | $18.37M | $14.61M | $9.49M | $33.01M | $3.67M | $16.84M | $6.24M | $24.00M | $10.40M |
| Income Tax Expense | $22.65M | $22.65M | $4.88M | $-1.27M | $-4.00M | $7.08M | $-1.54M | $-6.99M | $42.00K | $15.75M | $-21.64M |
| Net Income | $-2.53M | $-2.53M | $13.49M | $15.89M | $13.49M | $25.93M | $5.20M | $23.83M | $6.20M | $3.05M | $28.89M |
| Net Margin % | -6.1% | -6.1% | 30.0% | 42.1% | 32.5% | 46.2% | 14.2% | 77.5% | 23.8% | 8.1% | 129.1% |
| Basic EPS | nan | -0.21 | 1.09 | 1.26 | 1.05 | 2.03 | 0.40 | 1.85 | 0.47 | 0.23 | 2.22 |
| Diluted EPS | nan | -0.21 | 1.08 | 1.25 | 1.05 | 2.02 | 0.40 | 1.85 | 0.47 | 0.23 | 2.22 |
| Basic Shares Outstanding | -22K | 12.2M | 12.4M | 12.7M | 12.8M | 12.8M | 12.9M | 12.9M | 13.1M | 13.0M | 13K |
| Diluted Shares Outstanding | -22K | 12.2M | 12.4M | 12.7M | 12.9M | 12.8M | 12.9M | 12.9M | 13.1M | 13.0M | 13K |
| 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) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $42.76M | $5.93M | $4.50M | $6.16M | $42.86M | $3.01M | $11.16M | $20.23M | $30.56M | $32.18M |
| Accounts Receivable | $3.86M | $5.79M | $4.73M | $3.09M | $1.80M | $1.91M | $2.55M | $2.19M | $1.64M | $1.05M |
| Other Current Assets | $163.00K | $2.14M | $1.90M | $1.11M | $1.73M | $542.00K | $1.09M | $138.00K | - | - |
| Total Current Assets | $46.79M | $20.25M | $11.87M | $10.36M | $47.43M | $6.67M | $16.60M | $22.56M | - | - |
| Property Plant & Equipment | $48.00K | $5.44M | $5.44M | $5.84M | $5.78M | $5.21M | $1.29M | $25.00K | - | - |
| Goodwill | - | - | - | $8.40M | $8.40M | $8.40M | $8.40M | - | - | - |
| Intangible Assets | - | - | $6.49M | $8.19M | $9.96M | $13.62M | $25.11M | - | - | - |
| Other Non-current Assets | - | $3.04M | $3.11M | $1.74M | $1.97M | $1.48M | - | - | - | - |
| Total Assets | $272.42M | $332.24M | $334.25M | $299.62M | $282.67M | $273.90M | $254.37M | $215.66M | $209.88M | $208.93M |
| Deferred Revenue | - | $1.50M | $9.00K | - | - | - | - | - | - | - |
| Total Current Liabilities | $4.97M | $5.57M | $3.94M | $6.35M | $5.09M | $15.41M | $3.06M | $2.58M | - | - |
| Long-term Debt | $32.97M | - | - | - | - | - | - | - | - | - |
| Other Non-current Liabilities | $240.00K | $335.00K | $1.96M | $2.15M | $1.80M | $1.08M | $203.00K | $11.00K | - | - |
| Total Liabilities | $37.32M | $43.55M | $53.94M | $19.69M | $15.43M | $33.39M | $17.84M | $2.60M | $1.93M | $871.00K |
| Common Stock | $12.00K | $12.00K | $12.00K | $12.00K | $13.00K | $13.00K | $13.00K | $13.00K | $13.00K | $13.00K |
| Retained Earnings | $-4.18B | $-4.13B | $-4.14B | $-4.15B | $-4.16B | $-4.19B | $-4.20B | $-4.22B | $-4.23B | $-4.23B |
| Total Stockholders Equity | $235.10M | $288.69M | $280.31M | $279.93M | $267.24M | $240.51M | $236.53M | $213.06M | $207.95M | $204.31M |
| Total Liabilities & Equity | $272.42M | $332.24M | $334.25M | $299.62M | $282.67M | $273.90M | $254.37M | $215.66M | $209.88M | $208.93M |
| 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) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-2.53M | $-2.53M | $13.49M | $15.89M | $13.49M | $25.93M | $5.20M | $23.83M | $6.20M | $3.05M | $28.89M |
| Depreciation & Amortization | $40.00K | $40.00K | $1.40M | $2.58M | $2.60M | $4.06M | $19.27M | $4.95M | $17.00K | - | - |
| Stock-based Compensation | $2.09M | $1.18M | $944.00K | $509.00K | $500.00K | $1.16M | $728.00K | $530.00K | $267.00K | $-534.00K | $363.00K |
| Deferred Income Tax | - | - | - | - | - | - | - | - | - | - | $-21.64M |
| Change in Receivables | - | - | - | - | - | - | - | - | $558.00K | $583.00K | $457.00K |
| Operating Cash Flow | $51.65M | $27.29M | $23.05M | $14.89M | $8.20M | $34.30M | $19.27M | $18.54M | $19.63M | $19.46M | $9.64M |
| Capital Expenditure | $775.00K | $512.00K | $138.00K | $496.00K | $297.00K | $1.08M | $3.94M | $48.00K | - | - | - |
| Acquisitions | - | - | - | - | - | - | - | $19.72M | - | - | - |
| Investing Cash Flow | $133.60M | $68.06M | $-10.13M | $-48.95M | $-43.55M | $25.76M | $-35.17M | $-26.72M | $-28.13M | $-12.12M | $-21.05M |
| Stock Repurchased | $5.67M | $3.07M | $6.01M | $6.33M | $1.14M | - | $2.01M | $883.00K | $1.36M | - | - |
| Financing Cash Flow | $-122.45M | $-58.51M | $-12.22M | $33.14M | $-1.36M | $-20.20M | $7.75M | $-883.00K | $-1.83M | $-8.96M | $-3.70M |
| Net Change in Cash | $62.80M | $36.84M | $691.00K | $-920.00K | $-36.71M | $39.85M | $-8.15M | $-9.07M | $-10.33M | $-1.62M | $-15.11M |
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 | $10.88M | - | $32.77M | - |
| Research & Development | $147.00K | - | $1.55M | - |
| Operating Income | $6.68M | - | $19.42M | - |
| Interest Expense | $1.18M | - | $2.26M | - |
| Income Before Tax | $10.70M | - | $21.07M | - |
| Income Tax Expense | $1.92M | - | $4.22M | - |
| Net Income | $8.78M | $3.68M | $16.86M | - |
| Basic EPS | 0.72 | - | 1.38 | - |
| Diluted EPS | 0.72 | - | 1.38 | - |
| Basic Shares Outstanding | $12.12M | - | $12.18M | - |
| Diluted Shares Outstanding | $12.12M | - | $12.18M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $10.21M | $5.93M |
| Accounts Receivable | $5.58M | $5.79M |
| Other Current Assets | $543.00K | $2.14M |
| Total Current Assets | $16.33M | $20.25M |
| Other Non-current Assets | $432.00K | $3.04M |
| Total Assets | $289.36M | $332.24M |
| Deferred Revenue | - | $1.50M |
| Total Current Liabilities | $2.87M | $5.57M |
| Other Non-current Liabilities | $361.00K | $335.00K |
| Total Liabilities | $35.16M | $43.55M |
| Common Stock | $12.00K | $12.00K |
| Retained Earnings | $-4.16B | $-4.13B |
| Total Stockholders Equity | $254.21M | $288.69M |
| Total Liabilities & Equity | $289.36M | $332.24M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $8.78M | $3.68M | $16.86M | - |
| Depreciation & Amortization | $2.00K | - | $40.00K | - |
| Stock-based Compensation | - | - | $894.00K | - |
| Operating Cash Flow | - | - | $16.99M | - |
| Capital Expenditure | - | - | $512.00K | - |
| Investing Cash Flow | - | - | $45.80M | - |
| Stock Repurchased | - | - | $3.07M | - |
| Financing Cash Flow | - | - | $-58.51M | - |
| Net Change in Cash | - | - | $4.28M | - |
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.