$699.62M
Revenue
$-17.92M
Net Income
38.05%
Gross Margin
-4.88%
Op. Margin
$-44.50M
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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $182.47M | $184.56M | $170.53M | $162.06M | $182.42M | $182.85M | $143.90M | $164.59M | $188.67M | $197.84M | $173.41M | $180.91M | $249.10M | $249.59M |
| Revenue Growth % (YoY) | 0.0% | 0.9% | 18.5% | -1.5% | -3.3% | -7.6% | -17.0% | -9.0% | -24.3% | -20.7% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $108.83M | $112.31M | $106.55M | $105.73M | $123.03M | $126.37M | $112.08M | $116.35M | $123.04M | $128.91M | $119.11M | $120.53M | $187.41M | $181.06M |
| Gross Profit | $73.64M | $72.25M | $63.98M | $56.33M | $59.38M | $56.48M | $31.82M | $48.24M | $65.64M | $68.93M | $54.30M | $60.38M | $61.70M | $68.53M |
| Gross Margin % | 40.4% | 39.1% | 37.5% | 34.8% | 32.6% | 30.9% | 22.1% | 29.3% | 34.8% | 34.8% | 31.3% | 33.4% | 24.8% | 27.5% |
| Operating Expenses | $78.38M | $79.32M | $73.52M | $69.12M | $74.47M | $-39.33M | $78.68M | $69.89M | $68.51M | $69.58M | $72.08M | $72.36M | $73.87M | $70.68M |
| Research & Development | $23.24M | $23.33M | $20.84M | $18.31M | $20.10M | $20.91M | $19.85M | $20.23M | $19.59M | $20.74M | $20.83M | $22.13M | $20.25M | $22.17M |
| Operating Income | $-4.74M | $-7.07M | $-9.54M | $-12.80M | $-15.09M | $95.81M | $-46.86M | $-21.65M | $-2.87M | $-648.00K | $-17.78M | $-11.97M | $-12.18M | $-2.15M |
| Operating Margin % | -2.6% | -3.8% | -5.6% | -7.9% | -8.3% | 52.4% | -32.6% | -13.2% | -1.5% | -0.3% | -10.3% | -6.6% | -4.9% | -0.9% |
| Other Income/Expense | $2.20M | $3.03M | $3.98M | $8.17M | $3.62M | $3.48M | $2.71M | $2.85M | $2.45M | $2.28M | $8.00M | $1.41M | $2.07M | $638.00K |
| Income Before Tax | $-2.54M | $-4.04M | $-5.56M | $-4.63M | $-11.46M | $99.29M | $-44.15M | $-18.80M | $-420.00K | $1.63M | $-9.78M | $-10.57M | $-10.11M | $-1.51M |
| Income Tax Expense | $-1.86M | $736.00K | $864.00K | $1.41M | $-2.58M | $14.22M | $1.03M | $-148.00K | $1.25M | $86.43M | $-1.19M | $-857.00K | $-4.07M | $-4.31M |
| Net Income | $-684.00K | $-4.78M | $-6.43M | $-6.03M | $-8.89M | $85.07M | $-45.17M | $-18.65M | $-1.67M | $-84.80M | $-8.59M | $-9.71M | $-6.04M | $2.80M |
| Net Margin % | -0.4% | -2.6% | -3.8% | -3.7% | -4.9% | 46.5% | -31.4% | -11.3% | -0.9% | -42.9% | -5.0% | -5.4% | -2.4% | 1.1% |
| Basic EPS | -0.03 | -0.17 | -0.22 | -0.21 | -0.30 | 2.96 | -1.56 | -0.63 | -0.05 | -2.87 | -0.29 | -0.33 | -0.21 | 0.10 |
| Diluted EPS | -0.03 | -0.17 | -0.22 | -0.21 | -0.30 | 2.90 | -1.56 | -0.63 | -0.05 | -2.87 | -0.29 | -0.33 | -0.21 | 0.10 |
| Basic Shares Outstanding | - | 28.6M | 28.9M | 28.7M | -87K | 28.7M | 28.9M | 29.4M | 89K | 29.5M | 29.3M | 29.0M | -16K | 28.9M |
| Diluted Shares Outstanding | - | 28.6M | 28.9M | 28.7M | 294K | 29.4M | 28.9M | 29.4M | 89K | 29.5M | 29.3M | 29.0M | -16K | 29.0M |
| 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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $209.90M | $203.48M | $241.02M | $269.81M | $286.44M | $273.77M | $177.10M | $172.66M | $176.72M | $131.46M | $106.35M | $143.19M | $146.50M | $132.93M |
| Short-term Investments | $113.13M | $122.90M | $122.45M | $122.12M | $122.25M | $121.97M | $117.23M | $116.77M | $106.93M | $96.59M | $96.48M | $96.02M | $80.92M | $100.27M |
| Accounts Receivable | $142.04M | $159.88M | $144.87M | $142.71M | $156.21M | $177.33M | $147.07M | $172.77M | $185.06M | $200.90M | $179.50M | $192.54M | $277.49M | $259.91M |
| Inventory | $176.46M | $166.56M | $157.31M | $157.90M | $162.54M | $161.98M | $188.94M | $211.27M | $248.85M | $280.92M | $324.48M | $337.19M | $299.61M | $298.09M |
| Other Current Assets | $31.75M | $29.12M | $33.02M | $31.22M | $30.59M | $34.30M | $27.23M | $30.18M | $30.42M | $30.71M | $26.83M | $30.49M | $29.77M | $38.85M |
| Total Current Assets | $673.28M | $681.94M | $698.67M | $723.75M | $758.03M | $769.34M | $657.57M | $703.64M | $747.98M | $740.58M | $733.64M | $799.42M | $834.29M | $830.05M |
| Property Plant & Equipment | $26.00M | $23.14M | $13.68M | $11.30M | $11.29M | $10.64M | $11.04M | $9.35M | $8.27M | $8.27M | $8.04M | $8.27M | $9.22M | $10.23M |
| Goodwill | $45.02M | $45.80M | $45.79M | $36.28M | $36.28M | $36.28M | $36.28M | $36.28M | $36.28M | $36.28M | $36.28M | $36.28M | $36.28M | $36.28M |
| Intangible Assets | $38.48M | $4.08M | $4.36M | - | - | - | - | - | - | - | $1.07M | $1.20M | $1.33M | $1.46M |
| Long-term Investments | $8.73M | - | - | - | $8.38M | - | - | - | - | - | - | - | - | - |
| Other Non-current Assets | $16.77M | $17.16M | $17.89M | $17.05M | $16.59M | $15.62M | $15.80M | $17.29M | $17.33M | $17.56M | $107.10M | $103.03M | $97.79M | $89.83M |
| Total Assets | $836.27M | $810.81M | $803.55M | $814.20M | $850.23M | $862.64M | $754.09M | $801.28M | $847.14M | $842.47M | $926.51M | $988.11M | $1.02B | $1.01B |
| Accounts Payable | $43.75M | $58.20M | $58.90M | $54.65M | $58.48M | $52.03M | $40.13M | $38.45M | $46.85M | $47.13M | $35.90M | $79.64M | $85.55M | $87.43M |
| Accrued Liabilities | $144.03M | $124.63M | $127.36M | $128.03M | $148.08M | $155.19M | $159.59M | $154.57M | $168.08M | $167.71M | $177.87M | $190.28M | $213.48M | $202.21M |
| Deferred Revenue | $26.90M | $27.94M | $28.88M | $30.24M | $30.26M | $29.60M | $28.68M | $28.39M | $27.09M | $25.09M | $23.21M | $22.44M | $21.13M | $19.29M |
| Total Current Liabilities | $250.22M | $239.16M | $243.14M | $241.96M | $270.08M | $271.36M | $253.03M | $244.32M | $264.35M | $259.88M | $264.43M | $317.76M | $345.97M | $330.40M |
| Other Non-current Liabilities | $40.03M | $13.28M | $12.60M | $12.11M | $11.70M | $10.42M | $8.84M | $6.97M | $4.91M | $4.71M | $4.49M | $4.20M | $3.90M | $3.58M |
| Total Liabilities | $338.45M | $303.96M | $280.39M | $279.95M | $309.16M | $312.31M | $294.69M | $289.92M | $311.65M | $309.68M | $313.77M | $369.55M | $398.93M | $382.29M |
| Common Stock | $28.00K | $28.00K | $29.00K | $29.00K | $29.00K | $29.00K | $29.00K | $29.00K | $30.00K | $30.00K | $29.00K | $29.00K | $29.00K | $29.00K |
| Retained Earnings | $-538.95M | $-521.14M | $-494.27M | $-475.79M | $-457.12M | $-437.43M | $-520.60M | $-462.87M | $-432.32M | $-430.60M | $-345.17M | $-334.59M | $-324.76M | $-318.64M |
| Total Stockholders Equity | $497.82M | $506.85M | $523.16M | $534.24M | $541.07M | $550.33M | $459.40M | $511.36M | $535.50M | $532.79M | $612.74M | $618.56M | $620.86M | $622.93M |
| Total Liabilities & Equity | $836.27M | $810.81M | $803.55M | $814.20M | $850.23M | $862.64M | $754.09M | $801.28M | $847.14M | $842.47M | $926.51M | $988.11M | $1.02B | $1.01B |
| 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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-684.00K | $-4.78M | $-6.43M | $-6.03M | $-8.89M | $85.07M | $-45.17M | $-18.65M | $-1.67M | $-103.10M | $-18.30M | $-9.71M | $-6.04M | $-62.94M |
| Depreciation & Amortization | $2.89M | $5.11M | $3.29M | $1.68M | $1.75M | $4.76M | $3.05M | $1.49M | $1.67M | $5.49M | $3.87M | $2.01M | $2.23M | $7.84M |
| Stock-based Compensation | $8.74M | $8.81M | $6.67M | $5.50M | $6.63M | $5.62M | $5.89M | $4.54M | $4.30M | $4.29M | $4.69M | $4.67M | $4.47M | $3.44M |
| Deferred Income Tax | $62.00K | $-214.00K | $-99.00K | $-136.00K | $747.00K | $254.00K | $542.00K | $84.00K | $114.00K | $82.20M | $-7.84M | $-4.63M | $-7.95M | $-13.89M |
| Change in Receivables | $-17.84M | $3.67M | $-11.34M | $-13.50M | $-21.12M | $-7.73M | $-37.99M | $-12.29M | $-15.84M | $-76.58M | $-97.99M | $-84.94M | $17.58M | $-1.25M |
| Change in Inventory | $10.51M | $6.90M | $-3.06M | $-3.21M | $1.54M | $-81.79M | $-56.96M | $-36.45M | $-31.61M | $-15.99M | $26.40M | $38.75M | $2.18M | $-14.57M |
| Change in Payables | $-13.94M | $-936.00K | $273.00K | $-3.60M | $6.76M | $4.73M | $-6.62M | $-8.52M | $-504.00K | $-38.44M | $-49.75M | $-5.92M | $-1.57M | $13.43M |
| Operating Cash Flow | $19.51M | $-17.90M | $-10.52M | $-8.75M | $21.48M | $143.31M | $35.63M | $17.19M | $56.27M | $582.00K | $-25.47M | $9.12M | $-4.93M | $-8.80M |
| Capital Expenditure | $5.88M | $14.63M | $4.93M | $1.40M | $2.49M | $6.50M | $4.82M | $2.51M | $2.20M | $3.60M | $1.60M | $870.00K | $1.62M | $4.13M |
| Acquisitions | $8.00K | $12.19M | $12.19M | - | - | - | - | - | - | - | - | - | - | - |
| Investing Cash Flow | $3.92M | $-26.56M | $-16.90M | $-1.26M | $-2.27M | $-23.89M | $-12.90M | $-11.34M | $-10.96M | $-16.47M | $-14.86M | $-14.60M | $18.58M | $-98.10M |
| Stock Repurchased | $15.00M | $35.66M | $15.66M | $8.16M | $10.17M | $22.92M | $21.44M | $11.44M | - | - | - | - | - | $24.38M |
| Financing Cash Flow | $-17.00M | $-38.50M | $-18.00M | $-6.62M | $-6.54M | $-22.37M | $-22.34M | $-9.91M | $-51.00K | $848.00K | $181.00K | $2.17M | $-76.00K | $-23.95M |
| Net Change in Cash | $6.42M | $-82.96M | $-45.42M | $-16.63M | $12.68M | $97.05M | $387.00K | $-4.06M | $45.26M | $-15.04M | $-40.15M | $-3.31M | $13.57M | $-130.84M |
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 | $184.56M | - | $517.15M | - |
| Cost of Revenue | $112.31M | - | $324.60M | - |
| Gross Profit | $72.25M | - | $192.56M | - |
| Operating Expenses | $79.32M | - | $221.96M | - |
| Research & Development | $23.33M | - | $62.48M | - |
| Operating Income | $-7.07M | - | $-29.41M | - |
| Other Income/Expense | $3.03M | - | $15.18M | - |
| Income Before Tax | $-4.04M | - | $-14.23M | - |
| Income Tax Expense | $736.00K | - | $3.01M | - |
| Net Income | $-4.78M | $-45.17M | $-17.24M | - |
| Basic EPS | -0.17 | - | -0.60 | - |
| Diluted EPS | -0.17 | - | -0.60 | - |
| Basic Shares Outstanding | $28.64M | - | $28.76M | - |
| Diluted Shares Outstanding | $28.64M | - | $28.76M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $203.48M | $286.44M |
| Short-term Investments | $122.90M | $122.25M |
| Accounts Receivable | $159.88M | $156.21M |
| Inventory | $166.56M | $162.54M |
| Other Current Assets | $29.12M | $30.59M |
| Total Current Assets | $681.94M | $758.03M |
| Property Plant & Equipment | $23.14M | $11.29M |
| Goodwill | $45.80M | $36.28M |
| Intangible Assets | $4.08M | - |
| Other Non-current Assets | $17.16M | $16.59M |
| Total Assets | $810.81M | $850.23M |
| Accounts Payable | $58.20M | $58.48M |
| Accrued Liabilities | $124.63M | $148.08M |
| Deferred Revenue | $27.94M | $30.26M |
| Total Current Liabilities | $239.16M | $270.08M |
| Other Non-current Liabilities | $13.28M | $11.70M |
| Total Liabilities | $303.96M | $309.16M |
| Common Stock | $28.00K | $29.00K |
| Retained Earnings | $-521.14M | $-457.12M |
| Total Stockholders Equity | $506.85M | $541.07M |
| Total Liabilities & Equity | $810.81M | $850.23M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-4.78M | $-45.17M | $-17.24M | - |
| Depreciation & Amortization | - | - | $5.11M | - |
| Stock-based Compensation | $8.81M | - | $20.98M | - |
| Deferred Income Tax | - | - | $-214.00K | - |
| Change in Receivables | - | - | $3.67M | - |
| Change in Inventory | - | - | $6.90M | - |
| Change in Payables | - | - | $-936.00K | - |
| Operating Cash Flow | - | - | $-17.90M | - |
| Capital Expenditure | - | - | $14.63M | - |
| Acquisitions | - | - | $12.19M | - |
| Investing Cash Flow | - | - | $-26.56M | - |
| Stock Repurchased | - | - | $35.66M | - |
| Financing Cash Flow | - | - | $-38.50M | - |
| Net Change in Cash | - | - | $-82.96M | - |
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.