$699.62M
Revenue
$-17.92M
Net Income
38.05%
Gross Margin
-4.88%
Op. Margin
$-44.50M
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 | $699.62M | $699.62M | $673.76M | $740.84M | $932.47M | $1.17B |
| Revenue Growth % | 0.0% | 3.8% | -9.1% | -20.6% | -20.2% | nan% |
| Cost of Revenue | $433.43M | $433.43M | $477.83M | $491.59M | $681.92M | $802.24M |
| Gross Profit | $266.19M | $266.19M | $195.93M | $249.25M | $250.55M | $365.84M |
| Gross Margin % | 38.0% | 38.0% | 29.1% | 33.6% | 26.9% | 31.3% |
| Operating Expenses | $300.34M | $300.34M | $183.71M | $282.53M | $333.47M | $299.24M |
| Research & Development | $85.72M | $85.72M | $81.08M | $83.30M | $88.44M | $92.97M |
| Operating Income | $-34.15M | $-34.15M | $12.22M | $-33.27M | $-82.92M | $66.60M |
| Operating Margin % | -4.9% | -4.9% | 1.8% | -4.5% | -8.9% | 5.7% |
| Other Income/Expense | $17.38M | $17.38M | $12.67M | $14.14M | $902.00K | $-1.09M |
| Income Before Tax | $-16.78M | $-16.78M | $24.89M | $-19.14M | $-82.02M | $65.50M |
| Income Tax Expense | $1.15M | $1.15M | $12.53M | $85.63M | $-13.04M | $16.12M |
| Net Income | $-17.92M | $-17.92M | $12.36M | $-104.77M | $-68.99M | $49.39M |
| Net Margin % | -2.6% | -2.6% | 1.8% | -14.1% | -7.4% | 4.2% |
| Basic EPS | -0.63 | -0.63 | 0.43 | -3.57 | -2.38 | 1.63 |
| Diluted EPS | -0.63 | -0.63 | 0.42 | -3.57 | -2.38 | 1.59 |
| Basic Shares Outstanding | - | 28.6M | 28.9M | 29.4M | 29.0M | 30.2M |
| Diluted Shares Outstanding | - | 28.6M | 29.7M | 29.4M | 29.0M | 31.0M |
| 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 | $209.90M | $286.44M | $176.72M | $146.50M | $263.77M |
| Short-term Investments | $113.13M | $122.25M | $106.93M | $80.92M | $7.74M |
| Accounts Receivable | $142.04M | $156.21M | $185.06M | $277.49M | $261.16M |
| Inventory | $176.46M | $162.54M | $248.85M | $299.61M | $315.67M |
| Other Current Assets | $31.75M | $30.59M | $30.42M | $29.77M | $34.75M |
| Total Current Assets | $673.28M | $758.03M | $747.98M | $834.29M | $883.09M |
| Property Plant & Equipment | $26.00M | $11.29M | $8.27M | $9.22M | $13.34M |
| Goodwill | $45.02M | $36.28M | $36.28M | $36.28M | $80.72M |
| Intangible Assets | $38.48M | - | - | $1.33M | $1.86M |
| Long-term Investments | $8.73M | $8.38M | - | - | - |
| Other Non-current Assets | $16.77M | $16.59M | $17.33M | $97.79M | $76.35M |
| Total Assets | $836.27M | $850.23M | $847.14M | $1.02B | $1.08B |
| Accounts Payable | $43.75M | $58.48M | $46.85M | $85.55M | $73.73M |
| Accrued Liabilities | $144.03M | $148.08M | $168.08M | $213.48M | $224.58M |
| Deferred Revenue | $26.90M | $30.26M | $27.09M | $21.13M | $16.50M |
| Total Current Liabilities | $250.22M | $270.08M | $264.35M | $345.97M | $341.05M |
| Other Non-current Liabilities | $40.03M | $11.70M | $4.91M | $3.90M | $3.11M |
| Total Liabilities | $338.45M | $309.16M | $311.65M | $398.93M | $381.72M |
| Common Stock | $28.00K | $29.00K | $30.00K | $29.00K | $29.00K |
| Retained Earnings | $-538.95M | $-457.12M | $-432.32M | $-324.76M | $-226.59M |
| Total Stockholders Equity | $497.82M | $541.07M | $535.50M | $620.86M | $696.82M |
| Total Liabilities & Equity | $836.27M | $850.23M | $847.14M | $1.02B | $1.08B |
| 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 | $-17.92M | $-17.92M | $12.36M | $-104.77M | $-68.99M | $49.39M |
| Depreciation & Amortization | $12.97M | $8.00M | $6.51M | $7.16M | $10.07M | $13.91M |
| Stock-based Compensation | $29.71M | $29.71M | $22.68M | $17.94M | $17.73M | $26.00M |
| Deferred Income Tax | $-387.00K | $-152.00K | $1.00M | $82.32M | $-21.84M | $4.50M |
| Change in Receivables | $-39.01M | $-14.16M | $-28.85M | $-92.42M | $16.33M | $-75.89M |
| Change in Inventory | $11.15M | $17.41M | $-80.25M | $-47.59M | $-12.40M | $147.43M |
| Change in Payables | $-18.21M | $-14.88M | $11.49M | $-38.95M | $11.86M | $-16.49M |
| Operating Cash Flow | $-17.66M | $1.61M | $164.80M | $56.85M | $-13.73M | $-4.58M |
| Capital Expenditure | $26.84M | $20.52M | $8.99M | $5.80M | $5.76M | $9.86M |
| Acquisitions | - | $12.19M | - | - | - | - |
| Investing Cash Flow | $-40.80M | $-22.64M | $-26.16M | $-27.43M | $-79.52M | $-9.98M |
| Stock Repurchased | $74.49M | $50.66M | $33.09M | - | $24.38M | $75.00M |
| Financing Cash Flow | $-80.13M | $-55.51M | $-28.91M | $797.00K | $-24.02M | $-68.12M |
| Net Change in Cash | $-138.60M | $-76.54M | $109.73M | $30.22M | $-117.27M | $-82.69M |
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-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.