$181.22M
Revenue
$-18.61M
Net Income
79.17%
Gross Margin
-18.90%
Op. Margin
$-25.95M
Free Cash Flow
| Breakdown | TTM (Sep 30, 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) |
FY 2015 (Dec 31, 2015) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $181.22M | $175.60M | $158.71M | $161.52M | $231.70M | $278.68M | $353.88M | $353.57M | $323.15M | $277.51M | $259.84M |
| Revenue Growth % | 3.2% | 10.6% | -1.7% | -30.3% | -16.9% | -21.3% | 0.1% | 9.4% | 16.4% | 6.8% | nan% |
| Cost of Revenue | $37.75M | $26.39M | $15.86M | $16.21M | $22.24M | $21.55M | $27.83M | $26.14M | - | - | - |
| Gross Profit | $143.47M | $149.21M | $142.85M | $145.31M | $209.46M | $257.13M | $326.05M | $327.44M | - | - | - |
| Gross Margin % | 79.2% | 85.0% | 90.0% | 90.0% | 90.4% | 92.3% | 92.1% | 92.6% | nan% | nan% | nan% |
| Operating Expenses | $215.47M | $212.78M | $215.17M | $287.22M | $265.18M | $297.19M | $410.70M | $382.73M | $356.81M | $316.41M | $323.82M |
| Operating Income | $-34.24M | $-37.18M | $-56.47M | $-125.69M | $-33.48M | $-18.52M | $-56.82M | $-29.16M | $-33.66M | $-38.90M | $-63.98M |
| Operating Margin % | -18.9% | -21.2% | -35.6% | -77.8% | -14.4% | -6.6% | -16.1% | -8.2% | -10.4% | -14.0% | -24.6% |
| Interest Expense | - | - | - | - | - | - | - | $2.65M | $2.61M | $2.53M | $443.00K |
| Interest Income | $4.24M | $6.15M | $6.72M | $2.56M | $52.00K | $462.00K | $3.50M | $3.31M | $1.26M | $376.00K | $107.00K |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | $13.00K |
| Income Before Tax | $-18.60M | $-31.03M | $-49.75M | $-121.25M | $-38.16M | $-19.84M | $-54.60M | $-28.50M | $-35.01M | $-41.05M | $-64.31M |
| Income Tax Expense | $13.00K | $15.00K | $17.00K | $-2.56M | $206.00K | $-6.00K | $289.00K | $-177.00K | $-2.16M | $655.00K | $606.00K |
| Net Income | $-18.61M | $-31.05M | $-49.77M | $-118.69M | $-38.33M | $76.54M | $-54.89M | $-28.32M | $-32.85M | $-41.71M | $-64.91M |
| Net Margin % | -10.3% | -17.7% | -31.4% | -73.5% | -16.5% | 27.5% | -15.5% | -8.0% | -10.2% | -15.0% | -25.0% |
| Basic EPS | nan | -0.34 | -0.55 | -1.30 | nan | nan | nan | nan | nan | nan | nan |
| Diluted EPS | nan | -0.34 | -0.55 | -1.30 | nan | nan | nan | nan | nan | nan | nan |
| Basic Shares Outstanding | 88.5M | 90.2M | 89.8M | 91.5M | 97.4M | - | - | - | - | - | - |
| Diluted Shares Outstanding | 88.9M | 90.2M | 89.8M | 91.5M | 97.4M | - | - | - | - | - | - |
| Breakdown | 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) |
FY 2015 (Dec 31, 2015) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $111.83M | $136.96M | $175.52M | $245.22M | $273.31M | $181.53M | $196.13M | $197.76M | $107.72M | $112.37M |
| Accounts Receivable | $15.74M | $18.26M | $13.79M | $16.71M | $32.92M | $44.89M | $47.76M | $39.17M | $36.87M | $33.76M |
| Other Current Assets | $3.05M | $1.79M | $2.56M | $1.87M | $12.90M | $6.10M | $4.10M | $1.15M | $2.28M | $779.00K |
| Total Current Assets | $135.13M | $163.08M | $197.84M | $269.94M | $324.94M | $239.74M | $255.46M | $243.55M | $152.91M | $152.96M |
| Property Plant & Equipment | $15.73M | $18.88M | $18.90M | $19.16M | $21.42M | $29.80M | $61.51M | $70.71M | $66.94M | $71.39M |
| Goodwill | - | - | - | $51.20M | $51.20M | $73.31M | $73.31M | $53.27M | $53.27M | $53.27M |
| Intangible Assets | $1.97M | $8.38M | $13.97M | $4.95M | $6.60M | $17.26M | $23.45M | $15.91M | $19.77M | $23.82M |
| Other Non-current Assets | $4.51M | $3.85M | $3.88M | $4.32M | $4.80M | $3.62M | $7.23M | $1.39M | $1.55M | $940.00K |
| Total Assets | $159.69M | $204.32M | $251.53M | $387.67M | $458.06M | $421.69M | $420.96M | $384.83M | $294.45M | $302.37M |
| Accounts Payable | $7.93M | $6.88M | $8.65M | $11.36M | $13.20M | $21.34M | $26.30M | $18.62M | $13.83M | $18.88M |
| Accrued Liabilities | $17.11M | $12.20M | $10.23M | $9.68M | $18.40M | $20.99M | $10.91M | $12.79M | $12.58M | $12.43M |
| Total Current Liabilities | $32.89M | $28.98M | $30.78M | $31.48M | $42.88M | $54.17M | $41.56M | $37.98M | $35.36M | $39.10M |
| Deferred Tax Liabilities | - | - | - | $103.00K | $40.00K | $783.00K | $568.00K | $812.00K | - | - |
| Other Non-current Liabilities | $348.00K | $3.96M | $4.98M | - | $388.00K | $2.34M | $9.29M | $3.80M | $2.68M | $1.18M |
| Total Liabilities | $41.55M | $44.10M | $54.26M | $57.88M | $75.28M | $94.42M | $74.41M | $71.72M | $69.87M | $69.68M |
| Common Stock | $9.00K | $9.00K | $9.00K | $10.00K | $10.00K | $11.00K | $10.00K | $10.00K | $9.00K | $8.00K |
| Retained Earnings | $-593.35M | $-562.30M | $-512.53M | $-393.85M | $-355.52M | $-432.06M | $-373.48M | $-351.08M | $-318.24M | $-275.90M |
| Total Stockholders Equity | $118.14M | $160.22M | $197.27M | $329.79M | $382.78M | $327.27M | $346.55M | $313.12M | $224.58M | $232.69M |
| Total Liabilities & Equity | $159.69M | $204.32M | $251.53M | $387.67M | $458.06M | $421.69M | $420.96M | $384.83M | $294.45M | $302.37M |
| Breakdown | TTM (Sep 30, 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) |
FY 2015 (Dec 31, 2015) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-28.75M | $-31.05M | $-49.77M | $-118.69M | $-38.33M | $76.54M | $-54.89M | $-28.32M | $-32.85M | $-41.71M | $-64.91M |
| Depreciation & Amortization | $14.24M | $18.04M | $17.70M | $16.52M | $16.28M | $20.55M | $25.59M | $22.68M | $22.47M | $23.34M | $17.65M |
| Stock-based Compensation | $22.72M | $11.73M | $14.30M | $17.68M | $20.39M | $23.08M | $37.97M | $37.22M | $32.24M | $24.74M | $42.56M |
| Change in Receivables | $-1.93M | $-1.95M | $5.17M | $-2.21M | $-15.69M | $-2.33M | $-1.44M | $10.04M | $3.69M | $4.39M | $5.94M |
| Change in Payables | $6.06M | $910.00K | $-1.77M | $-2.75M | $-1.81M | $-8.22M | $-4.94M | $7.54M | $4.80M | $-4.55M | $5.31M |
| Operating Cash Flow | $-10.76M | $7.70M | $-22.41M | $-29.14M | $14.19M | $39.12M | $20.34M | $24.83M | $22.12M | - | - |
| Capital Expenditure | $15.19M | $7.86M | $11.81M | $11.68M | $10.69M | $10.28M | $11.28M | $17.10M | $19.81M | $16.64M | $29.84M |
| Acquisitions | - | - | - | $12.09M | - | - | - | $26.89M | - | - | - |
| Investing Cash Flow | $-15.19M | $-7.86M | $-11.81M | $-8.03M | $-4.21M | $101.90M | $-34.46M | $-43.19M | $-19.81M | - | - |
| Stock Issued | - | - | - | - | - | - | - | - | $17.40M | - | - |
| Stock Repurchased | - | $20.09M | - | $29.78M | $31.94M | $42.82M | - | - | - | - | - |
| Financing Cash Flow | $-18.50M | $-24.97M | $-4.33M | $-32.53M | $-38.09M | $-49.24M | $-480.00K | $16.72M | $87.73M | - | - |
| Net Change in Cash | $-44.45M | $-25.13M | $-38.55M | $-69.70M | $-28.10M | $91.78M | $-14.59M | $-1.63M | $90.04M | - | - |
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 | $43.21M | - | $135.01M | - |
| Cost of Revenue | $8.80M | - | $28.84M | - |
| Operating Expenses | $50.55M | - | $162.14M | - |
| Operating Income | $-7.35M | - | $-27.12M | - |
| Interest Income | $950.00K | - | $2.97M | - |
| Income Before Tax | $5.00M | - | $-12.76M | - |
| Income Tax Expense | $2.00K | - | $11.00K | - |
| Net Income | $5.00M | $-13.52M | $-12.77M | - |
| Basic Shares Outstanding | $88.53M | - | $87.90M | - |
| Diluted Shares Outstanding | $88.94M | - | $87.90M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $103.19M | $111.83M |
| Accounts Receivable | $13.46M | $15.74M |
| Other Current Assets | $2.96M | $3.05M |
| Total Current Assets | $125.62M | $135.13M |
| Property Plant & Equipment | $14.37M | $15.73M |
| Intangible Assets | - | $1.97M |
| Other Non-current Assets | $7.37M | $4.51M |
| Total Assets | $148.69M | $159.69M |
| Accounts Payable | $9.07M | $7.93M |
| Accrued Liabilities | $11.23M | $17.11M |
| Total Current Liabilities | $27.96M | $32.89M |
| Total Liabilities | $34.51M | $41.55M |
| Common Stock | $9.00K | $9.00K |
| Retained Earnings | $-606.11M | $-593.35M |
| Total Stockholders Equity | $114.18M | $118.14M |
| Total Liabilities & Equity | $148.69M | $159.69M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $5.00M | $-13.52M | $-12.77M | - |
| Depreciation & Amortization | $2.57M | - | $9.88M | - |
| Stock-based Compensation | - | - | $9.79M | - |
| Change in Receivables | - | - | $-1.83M | - |
| Change in Payables | - | - | $1.25M | - |
| Operating Cash Flow | - | - | $2.00M | - |
| Capital Expenditure | - | - | $6.17M | - |
| Investing Cash Flow | - | - | $-6.17M | - |
| Stock Repurchased | - | - | - | - |
| Financing Cash Flow | - | - | $-4.48M | - |
| Net Change in Cash | - | - | $-8.65M | - |
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.