$3.19B
Revenue
$-262.69M
Net Income
95.60%
Gross Margin
0.42%
Op. Margin
$8.77M
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 | $3.19B | $3.19B | $3.13B | $3.02B | $2.83B | $2.76B |
| Revenue Growth % | 0.0% | 2.2% | 3.6% | 6.7% | 2.4% | nan% |
| Cost of Revenue | $140.50M | $140.50M | $142.92M | $2.27B | $2.24B | $2.28B |
| Gross Profit | $3.05B | $837.55M | $799.31M | $746.70M | - | - |
| Gross Margin % | 95.6% | 26.2% | 25.6% | 24.8% | nan% | nan% |
| Operating Expenses | - | - | - | - | - | $2.98B |
| Operating Income | $13.50M | $13.50M | $46.53M | $18.41M | $-42.69M | $-216.94M |
| Operating Margin % | 0.4% | 0.4% | 1.5% | 0.6% | -1.5% | -7.9% |
| Interest Expense | - | $238.37M | $243.07M | $231.79M | - | - |
| Interest Income | $12.38M | $12.38M | $19.16M | $23.15M | $6.93M | $1.35M |
| Other Income/Expense | $3.80M | $3.80M | $9.38M | $21.69M | $12.11M | $5.90M |
| Income Before Tax | $-264.70M | $-264.70M | $-197.35M | $-180.29M | $-239.90M | $-107.53M |
| Income Tax Expense | $-1.95M | $-1.95M | $4.65M | $8.78M | $-1.56M | $-8.16M |
| Net Income | $-262.69M | $-262.69M | $-201.94M | $-189.01M | $-238.43M | $-99.29M |
| Net Margin % | -8.2% | -8.2% | -6.5% | -6.3% | -8.4% | -3.6% |
| Basic EPS | nan | -1.12 | -0.89 | -0.84 | -1.25 | -0.54 |
| Diluted EPS | nan | -1.12 | -0.89 | -0.84 | -1.25 | -0.54 |
| Basic Shares Outstanding | 851K | 235.2M | 227.5M | 225.2M | 190.5M | 185.0M |
| Diluted Shares Outstanding | 851K | 235.2M | 227.5M | 225.2M | 190.5M | 185.0M |
| 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 | $279.12M | $308.93M | $277.97M | $398.85M | $347.03M |
| Short-term Investments | - | $19.88M | $29.75M | $48.68M | $182.39M |
| Accounts Receivable | $67.68M | $51.89M | $48.39M | $55.76M | $51.14M |
| Other Current Assets | $96.70M | $92.37M | $80.91M | $106.07M | $87.95M |
| Total Current Assets | $553.94M | $512.94M | $478.37M | $637.09M | $698.99M |
| Goodwill | $27.32M | $27.32M | $27.32M | $27.32M | $27.32M |
| Other Non-current Assets | $35.49M | $36.02M | $33.95M | $34.92M | $17.30M |
| Total Assets | $5.95B | $6.34B | $5.57B | $5.94B | $6.41B |
| Accrued Liabilities | $273.39M | $264.38M | $242.67M | $237.15M | $254.83M |
| Total Current Liabilities | $567.92M | $579.76M | $600.12M | $641.21M | $631.95M |
| Long-term Debt | $4.29B | $4.06B | $3.66B | $3.78B | $3.78B |
| Deferred Tax Liabilities | $6.32M | $9.60M | $5.99M | - | - |
| Other Non-current Liabilities | $58.48M | $69.18M | $71.68M | $85.83M | $86.79M |
| Total Liabilities | $6.00B | $6.12B | $5.17B | $5.35B | $5.71B |
| Common Stock | $2.48M | $2.10M | $1.99M | $1.98M | $1.98M |
| Retained Earnings | $-4.30B | $-4.04B | $-3.84B | $-3.65B | $-3.41B |
| Treasury Stock | - | - | - | - | $102.77M |
| Total Stockholders Equity | $-44.75M | $212.47M | $403.66M | $582.61M | $697.40M |
| Total Liabilities & Equity | $5.95B | $6.34B | $5.57B | $5.94B | $6.41B |
| 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 | $-327.67M | $-262.69M | $-201.94M | $-189.01M | $-238.43M | $-99.29M |
| Depreciation & Amortization | $656.08M | $370.30M | $367.51M | $350.41M | $353.89M | $345.06M |
| Stock-based Compensation | $11.94M | $11.94M | $14.18M | $11.98M | $14.47M | $16.27M |
| Deferred Income Tax | $-6.35M | $-3.29M | $3.62M | $7.59M | $-1.32M | $-9.84M |
| Change in Receivables | $25.96M | $15.79M | $3.50M | $-7.38M | $4.62M | $-502.00K |
| Operating Cash Flow | $348.40M | $218.03M | $166.18M | $162.92M | $3.28M | $-94.63M |
| Capital Expenditure | $339.62M | $201.53M | $201.25M | $233.21M | $196.92M | $176.66M |
| Purchases of Investments | - | - | $49.05M | $174.48M | $263.67M | $362.26M |
| Investing Cash Flow | $-1.16B | $-455.95M | $-278.07M | $-113.36M | $-67.43M | $181.46M |
| Stock Repurchased | - | - | - | - | - | - |
| Financing Cash Flow | $654.67M | $201.09M | $142.06M | $-174.44M | $100.38M | $-113.66M |
| Net Change in Cash | $-156.79M | $-36.83M | $30.17M | $-124.88M | $36.23M | $-26.83M |
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 | $813.16M | $784.17M | $2.44B | $2.34B |
| Operating Income | $-53.84M | $10.26M | $-9.35M | $48.67M |
| Interest Income | $3.02M | $4.66M | $9.59M | $14.15M |
| Other Income/Expense | $144.00K | $3.58M | $3.56M | $7.12M |
| Income Before Tax | $-114.57M | $-50.06M | $-223.55M | $-116.97M |
| Income Tax Expense | $167.00K | $677.00K | $-780.00K | $1.09M |
| Net Income | $-114.73M | $-50.72M | $-222.73M | $-118.01M |
| Basic EPS | -0.48 | -0.22 | -0.95 | -0.52 |
| Diluted EPS | -0.48 | -0.22 | -0.95 | -0.52 |
| Basic Shares Outstanding | $237.49M | $228.12M | $234.33M | $226.94M |
| Diluted Shares Outstanding | $237.49M | $228.12M | $234.33M | $226.94M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $253.45M | $308.93M |
| Short-term Investments | - | $19.88M |
| Accounts Receivable | $67.56M | $51.89M |
| Other Current Assets | $105.33M | $92.37M |
| Total Current Assets | $536.94M | $512.94M |
| Goodwill | $27.32M | $27.32M |
| Other Non-current Assets | $36.58M | $36.02M |
| Total Assets | $6.01B | $6.34B |
| Accrued Liabilities | $304.53M | $264.38M |
| Total Current Liabilities | $637.77M | $579.76M |
| Long-term Debt | $4.16B | $4.02B |
| Deferred Tax Liabilities | $7.38M | $9.60M |
| Other Non-current Liabilities | $61.87M | $69.18M |
| Total Liabilities | $6.02B | $6.12B |
| Common Stock | $2.48M | $2.10M |
| Retained Earnings | $-4.26B | $-4.04B |
| Total Stockholders Equity | $-6.73M | $212.47M |
| Total Liabilities & Equity | $6.01B | $6.34B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-114.73M | $-50.72M | $-222.73M | $-118.01M |
| Depreciation & Amortization | $94.79M | $90.06M | $289.71M | $271.15M |
| Stock-based Compensation | $2.63M | $3.40M | $9.70M | $10.65M |
| Deferred Income Tax | - | - | $-2.22M | $-48.00K |
| Change in Receivables | - | - | $15.66M | $4.61M |
| Operating Cash Flow | - | - | $183.49M | $120.98M |
| Capital Expenditure | - | - | $137.87M | $150.94M |
| Purchases of Investments | - | - | - | $39.19M |
| Investing Cash Flow | - | - | $-411.35M | $-133.52M |
| Financing Cash Flow | - | - | $179.34M | $-5.09M |
| Net Change in Cash | - | - | $-48.51M | $-17.62M |
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.