$357.47M
Revenue
$-10.00M
Net Income
40.48%
Gross Margin
1.26%
Op. Margin
$39.93M
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 | $93.47M | $88.91M | $89.39M | $85.71M | $94.94M | $88.48M | $85.84M | $86.80M | $95.10M | $91.00M | $93.68M | $91.56M | $98.24M | $92.78M |
| Revenue Growth % (YoY) | -1.5% | 0.5% | 4.1% | -1.3% | -0.2% | -2.8% | -8.4% | -5.2% | -3.2% | -1.9% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $55.13M | $52.78M | $53.10M | $51.75M | $54.68M | $52.01M | $51.95M | $50.07M | $50.22M | $50.47M | $52.96M | $51.93M | $49.38M | $51.53M |
| Gross Profit | $38.33M | $36.12M | $36.29M | $33.96M | $40.25M | $36.47M | $33.88M | $36.73M | $44.88M | $40.53M | $40.73M | $39.63M | $48.86M | $41.25M |
| Gross Margin % | 41.0% | 40.6% | 40.6% | 39.6% | 42.4% | 41.2% | 39.5% | 42.3% | 47.2% | 44.5% | 43.5% | 43.3% | 49.7% | 44.5% |
| Operating Expenses | $86.91M | $87.20M | $91.07M | $87.78M | $91.03M | $148.08M | $87.77M | $88.67M | $119.56M | $88.93M | $141.06M | $95.39M | $94.81M | $149.22M |
| Research & Development | $7.07M | $7.18M | $7.80M | $8.12M | $8.65M | $7.27M | $8.37M | $8.77M | $7.91M | $8.08M | $8.79M | $8.92M | $8.80M | $8.74M |
| Operating Income | $6.55M | $1.71M | $-1.68M | $-2.07M | $3.90M | $-59.60M | $-1.93M | $-1.88M | $-24.46M | $2.07M | $-47.38M | $-3.83M | $3.42M | $-56.44M |
| Operating Margin % | 7.0% | 1.9% | -1.9% | -2.4% | 4.1% | -67.4% | -2.2% | -2.2% | -25.7% | 2.3% | -50.6% | -4.2% | 3.5% | -60.8% |
| Interest Expense | $2.03M | $3.94M | - | - | $288.00K | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | - | - | - | - | - | - | $376.00K | $275.00K | $-383.00K | $628.00K | $1.61M | $-1.81M | $1.32M | $1.48M |
| Income Before Tax | $4.39M | $142.00K | $-7.04M | $-5.57M | $6.38M | $-62.25M | $-2.24M | $-1.21M | $-27.43M | $3.36M | $-46.30M | $-7.46M | $-74.00K | $-52.47M |
| Income Tax Expense | $1.36M | $-311.00K | $2.46M | $-1.57M | $3.24M | $-1.62M | $-536.00K | $-157.00K | $970.00K | $741.00K | $-1.39M | $1.21M | $-221.00K | $-86.00K |
| Net Income | $3.03M | $453.00K | $-9.49M | $-3.99M | $3.14M | $-60.63M | $-1.71M | $-1.05M | $-28.40M | $2.62M | $-44.91M | $-8.67M | $147.00K | $-52.38M |
| Net Margin % | 3.2% | 0.5% | -10.6% | -4.7% | 3.3% | -68.5% | -2.0% | -1.2% | -29.9% | 2.9% | -47.9% | -9.5% | 0.1% | -56.5% |
| Basic EPS | 9.54 | -0.86 | -2.73 | -1.66 | -0.20 | -12.79 | -1.19 | -1.08 | -19.22 | -0.02 | -0.51 | -0.13 | -0.04 | -0.60 |
| Diluted EPS | 9.49 | -0.86 | -2.73 | -1.66 | -0.20 | -12.79 | -1.19 | -1.08 | -19.22 | -0.02 | -0.51 | -0.13 | -0.04 | -0.60 |
| Basic Shares Outstanding | - | 5.3M | 5.1M | 5.1M | 27K | 5.1M | 5.0M | 4.9M | -90.9M | 97.7M | 95.5M | 93.9M | 303K | 93.3M |
| Diluted Shares Outstanding | - | 5.3M | 5.1M | 5.1M | 27K | 5.1M | 5.0M | 4.9M | -90.9M | 97.7M | 95.5M | 93.9M | 303K | 93.3M |
| 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 | $23.62M | $26.70M | $25.99M | $30.97M | $29.94M | $20.00M | $14.65M | $18.73M | $22.75M | $30.07M | $22.66M | $20.27M | $20.04M | $25.09M |
| Accounts Receivable | $57.26M | $50.59M | $54.44M | $50.61M | $64.27M | $55.16M | $53.90M | $55.72M | $63.83M | $46.47M | $54.40M | $62.99M | $68.46M | $48.22M |
| Other Current Assets | $12.21M | $11.04M | $12.48M | $13.85M | $10.32M | $9.58M | $12.02M | $13.01M | $11.23M | $13.89M | $13.85M | $15.84M | $15.92M | $15.21M |
| Total Current Assets | $96.27M | $91.52M | $96.45M | $98.96M | $108.06M | $84.93M | $80.77M | $87.65M | $97.99M | $90.61M | $91.31M | $99.50M | $104.82M | $88.94M |
| Goodwill | $248.64M | $248.50M | $248.47M | $246.95M | $246.01M | $247.46M | $309.65M | $309.75M | $310.36M | $343.54M | $344.07M | $388.26M | $387.97M | $386.25M |
| Intangible Assets | $2.53M | $3.16M | $3.79M | $4.42M | $5.06M | $5.75M | $6.51M | $7.31M | $8.12M | $8.91M | $9.72M | $10.52M | $13.33M | $19.62M |
| Other Non-current Assets | $4.84M | $6.41M | $7.14M | $8.28M | $8.21M | $7.91M | $9.71M | $11.78M | $12.04M | $11.54M | $10.35M | $10.83M | $10.88M | $11.55M |
| Total Assets | $407.71M | $406.94M | $415.89M | $421.53M | $430.25M | $412.46M | $474.14M | $477.68M | $491.30M | $518.84M | $519.48M | $573.64M | $580.59M | $571.07M |
| Accounts Payable | $16.96M | $15.78M | $15.17M | $14.73M | $16.47M | $34.28M | $32.09M | $28.51M | $30.55M | $32.38M | $31.35M | $33.69M | $29.09M | $28.76M |
| Accrued Liabilities | $44.88M | $41.41M | $42.01M | $37.20M | $35.01M | $28.50M | $30.70M | $32.85M | $34.42M | $35.78M | $38.24M | $36.29M | $43.39M | $41.64M |
| Deferred Revenue | $36.58M | $39.88M | $43.05M | $43.99M | $45.46M | $45.50M | $47.76M | $50.10M | $48.91M | $50.90M | $52.74M | $56.87M | $52.94M | $52.56M |
| Other Current Liabilities | $8.09M | $5.82M | $5.92M | $6.10M | $7.23M | $3.81M | $4.17M | $3.04M | $4.68M | $4.74M | $2.25M | $14.96M | $12.65M | $12.32M |
| Total Current Liabilities | $122.89M | $141.60M | $139.79M | $133.93M | $131.30M | $144.16M | $174.77M | $177.30M | $182.56M | $178.87M | $178.35M | $167.51M | $165.09M | $155.64M |
| Long-term Debt | $41.55M | $39.64M | $39.99M | $40.35M | $41.17M | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | $2.00M | $1.42M | $1.42M | $892.00K | $891.00K | - | $970.00K | $1.23M | $1.32M | $1.83M | $1.42M | $2.72M | $2.13M | $2.15M |
| Other Non-current Liabilities | - | $8.15M | $9.54M | $9.03M | $9.77M | $10.71M | $11.54M | $5.90M | $7.59M | $9.13M | $7.13M | $7.08M | $10.63M | $13.04M |
| Total Liabilities | $206.55M | $225.73M | $230.09M | $227.52M | $231.04M | $207.73M | $240.42M | $238.44M | $247.31M | $245.39M | $242.81M | $248.98M | $248.54M | $241.23M |
| Common Stock | $15.00K | $5.00K | $5.00K | $5.00K | $5.00K | $5.00K | $5.00K | $5.00K | $5.00K | $95.00K | $95.00K | $92.00K | $92.00K | $92.00K |
| Retained Earnings | $-1.43B | $-1.50B | $-1.50B | $-1.48B | $-1.47B | $-1.47B | $-1.41B | $-1.40B | $-1.40B | $-1.36B | $-1.36B | $-1.31B | $-1.30B | $-1.30B |
| Treasury Stock | - | - | - | - | - | - | - | - | - | - | - | - | $229.98M | - |
| Total Stockholders Equity | $111.44M | $-26.26M | $-21.67M | $-13.46M | $-8.26M | $-2.74M | $45.84M | $51.35M | $56.10M | $85.57M | $88.78M | $136.78M | $144.16M | $141.96M |
| Total Liabilities & Equity | $407.71M | $406.94M | $415.89M | $421.53M | $430.25M | $412.46M | $474.14M | $477.68M | $491.30M | $518.84M | $519.48M | $573.64M | $580.59M | $571.07M |
| 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 | $3.03M | $453.00K | $-9.49M | $-3.99M | $3.14M | $-60.63M | $-2.76M | $-1.05M | $-28.40M | $-50.96M | $-44.91M | $-8.67M | $147.00K | $-66.71M |
| Stock-based Compensation | $-206.00K | $2.86M | $2.49M | $738.00K | $924.00K | $2.27M | $2.39M | $1.38M | $716.00K | $3.82M | $2.78M | $1.12M | $964.00K | $7.21M |
| Deferred Income Tax | $298.00K | $520.00K | $538.00K | $-1.08M | $1.34M | $-2.18M | $-365.00K | $-132.00K | $26.00K | $-61.00K | $-675.00K | $566.00K | $-385.00K | $-90.00K |
| Change in Receivables | $7.36M | $-13.99M | $-11.26M | $-14.06M | $10.05M | $-8.40M | $-9.32M | $-7.61M | $17.12M | $-21.90M | $-14.30M | $-5.87M | $19.55M | $-22.14M |
| Operating Cash Flow | $3.25M | $19.49M | $9.99M | $9.06M | $-10.04M | $28.14M | $15.60M | $6.87M | $-1.36M | $30.29M | $16.22M | $7.25M | $-1.60M | $36.54M |
| Capital Expenditure | $307.00K | $649.00K | $524.00K | $379.00K | $234.00K | $579.00K | $456.00K | $263.00K | $340.00K | $1.24M | $1.12M | $487.00K | $314.00K | $823.00K |
| Investing Cash Flow | $-5.98M | $-17.41M | $-11.39M | $-5.65M | $-5.29M | $-18.77M | $-12.12M | $-6.10M | $-5.94M | $-17.85M | $-12.01M | $-5.83M | $-4.60M | $-13.22M |
| Financing Cash Flow | $-459.00K | $-6.54M | $-4.58M | $-3.02M | $29.77M | $-12.14M | $-10.96M | $-4.41M | $-744.00K | $-2.65M | $-2.18M | $-1.66M | $-555.00K | $-17.58M |
| Net Change in Cash | $-3.08M | $-3.58M | $-3.94M | $1.03M | $13.28M | $-2.75M | $-8.09M | $-4.02M | $-7.32M | $9.81M | $2.61M | $230.00K | $-5.07M | $3.23M |
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 | $88.91M | - | $264.00M | - |
| Cost of Revenue | $52.78M | - | $157.63M | - |
| Operating Expenses | $87.20M | - | $266.05M | - |
| Research & Development | $7.18M | - | $23.11M | - |
| Operating Income | $1.71M | - | $-2.04M | - |
| Interest Expense | - | - | $3.94M | - |
| Other Income/Expense | - | - | - | - |
| Income Before Tax | $142.00K | - | $-12.46M | - |
| Income Tax Expense | $-311.00K | - | $570.00K | - |
| Net Income | $453.00K | $-1.71M | $-13.03M | - |
| Basic EPS | -0.86 | - | -5.24 | - |
| Diluted EPS | -0.86 | - | -5.24 | - |
| Basic Shares Outstanding | $5.25M | - | $5.14M | - |
| Diluted Shares Outstanding | $5.25M | - | $5.14M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $26.70M | $29.94M |
| Accounts Receivable | $50.59M | $64.27M |
| Other Current Assets | $11.04M | $10.32M |
| Total Current Assets | $91.52M | $108.06M |
| Goodwill | $248.50M | $246.01M |
| Intangible Assets | $3.16M | $5.06M |
| Other Non-current Assets | $6.41M | $8.21M |
| Total Assets | $406.94M | $430.25M |
| Accounts Payable | $15.78M | $16.47M |
| Accrued Liabilities | $41.41M | $35.01M |
| Deferred Revenue | $39.88M | $45.46M |
| Other Current Liabilities | $5.82M | $7.23M |
| Total Current Liabilities | $141.60M | $131.30M |
| Long-term Debt | $39.64M | $40.72M |
| Deferred Tax Liabilities | $1.42M | $891.00K |
| Other Non-current Liabilities | $8.15M | $9.77M |
| Total Liabilities | $225.73M | $231.04M |
| Common Stock | $5.00K | $5.00K |
| Retained Earnings | $-1.50B | $-1.47B |
| Total Stockholders Equity | $-26.26M | $-8.26M |
| Total Liabilities & Equity | $406.94M | $430.25M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $453.00K | $-1.71M | $-13.03M | - |
| Stock-based Compensation | - | - | $2.86M | - |
| Deferred Income Tax | - | - | $520.00K | - |
| Change in Receivables | - | - | $-13.99M | - |
| Operating Cash Flow | - | - | $19.49M | - |
| Capital Expenditure | - | - | $649.00K | - |
| Investing Cash Flow | - | - | $-17.41M | - |
| Financing Cash Flow | - | - | $-6.54M | - |
| Net Change in Cash | - | - | $-3.58M | - |
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.