$272.99M
Revenue
$-8.65M
Net Income
64.80%
Gross Margin
2.72%
Op. Margin
$883.25M
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 | $71.96M | $73.84M | $67.15M | $60.03M | $61.18M | $72.31M | $60.38M | $56.48M | $52.41M | $57.68M | $55.07M | $58.64M | $41.31M | $37.63M |
| Revenue Growth % (YoY) | 17.6% | 2.1% | 11.2% | 6.3% | 16.7% | 25.4% | 9.6% | -3.7% | 26.9% | 53.3% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $27.43M | $25.63M | $22.36M | $20.67M | $21.65M | $21.70M | $20.18M | $18.92M | $18.11M | $17.33M | $17.91M | $16.13M | $14.53M | $14.78M |
| Gross Profit | $44.53M | $48.22M | $44.79M | $39.36M | $39.53M | $50.61M | $40.20M | $37.56M | $34.30M | $40.35M | $37.16M | $42.52M | $26.77M | $22.84M |
| Gross Margin % | 61.9% | 65.3% | 66.7% | 65.6% | 64.6% | 70.0% | 66.6% | 66.5% | 65.5% | 70.0% | 67.5% | 72.5% | 64.8% | 60.7% |
| Operating Expenses | $72.33M | $63.69M | $61.00M | $68.53M | $65.43M | $62.87M | $61.81M | $61.19M | $64.40M | $55.67M | $52.45M | $51.45M | $50.63M | $224.27M |
| Selling General & Admin | $18.81M | $11.35M | $9.68M | $11.59M | $12.00M | $10.44M | $10.35M | $10.65M | $11.62M | $12.09M | $12.65M | $13.39M | $14.36M | $10.71M |
| Operating Income | $-371.00K | $10.16M | $6.15M | $-8.50M | $-4.25M | $9.43M | $-1.42M | $-4.71M | $-11.99M | $2.02M | $2.62M | $7.19M | $-9.32M | $-186.64M |
| Operating Margin % | -0.5% | 13.8% | 9.2% | -14.2% | -6.9% | 13.0% | -2.4% | -8.3% | -22.9% | 3.5% | 4.8% | 12.3% | -22.6% | -496.0% |
| Interest Expense | - | - | - | - | $2.06M | $13.61M | $6.69M | $6.69M | - | $13.51M | $7.55M | $7.55M | - | - |
| Other Income/Expense | $5.03M | $3.65M | $6.70M | $-413.00K | $-1.93M | $186.00K | $58.00K | $-849.00K | $1.36M | $25.00K | $148.00K | $-99.00K | $119.00K | $-45.00K |
| Income Before Tax | $-9.59M | $2.19M | $17.38M | $-12.75M | $-50.01M | $11.67M | $-9.50M | $-13.19M | $-14.14M | $-6.05M | $35.00K | $-3.44M | $-5.31M | $-204.51M |
| Income Tax Expense | $2.03M | $1.10M | $-1.83M | $4.58M | $213.00K | $1.73M | $182.00K | $8.00K | $938.00K | $115.00K | $26.00K | $44.00K | $22.00K | $-153.00K |
| Net Income | $-11.62M | $1.09M | $19.21M | $-17.33M | $-50.22M | $9.93M | $-9.68M | $-13.20M | $-15.08M | $-6.17M | $9.00K | $-3.48M | $-5.33M | $-204.36M |
| Net Margin % | -16.1% | 1.5% | 28.6% | -28.9% | -82.1% | 13.7% | -16.0% | -23.4% | -28.8% | -10.7% | 0.0% | -5.9% | -12.9% | -543.1% |
| Basic EPS | nan | -0.01 | 0.13 | -0.16 | -0.58 | 0.00 | -0.01 | -0.01 | -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | -0.11 |
| Diluted EPS | nan | -0.01 | 0.13 | -0.16 | -0.58 | 0.00 | -0.01 | -0.01 | -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | -0.11 |
| Basic Shares Outstanding | 164K | 126.7M | 126.6M | 126.5M | -1.76B | 1.89B | 1.88B | 1.88B | 14.4M | 1.84B | 1.81B | 1.81B | 1.5M | 1.80B |
| Diluted Shares Outstanding | 164K | 126.7M | 127.9M | 126.5M | -1.76B | 1.91B | 1.88B | 1.88B | 14.4M | 1.84B | 1.81B | 1.81B | 1.5M | 1.80B |
| 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 | $447.47M | $346.29M | $308.23M | $241.41M | $391.16M | $51.92M | $64.33M | $59.28M | $56.74M | $64.14M | $65.33M | $20.49M | $32.08M | $14.75M |
| Accounts Receivable | $19.98M | $25.97M | $24.77M | $22.86M | $26.95M | $43.02M | $43.15M | $42.83M | $48.74M | $43.22M | $30.19M | $28.01M | $26.33M | $29.59M |
| Inventory | $9.61M | $11.43M | $11.48M | $10.16M | $10.74M | $11.88M | $13.11M | $14.41M | $14.58M | $12.20M | $10.66M | $10.10M | $9.26M | $8.56M |
| Other Current Assets | $19.67M | $17.30M | $18.91M | $18.04M | $18.71M | $20.64M | $23.42M | $19.46M | $22.58M | $24.09M | $14.82M | $14.13M | $13.57M | $13.09M |
| Total Current Assets | $496.73M | $400.99M | $363.39M | $292.47M | $447.57M | $127.45M | $144.01M | $135.98M | $142.65M | $143.64M | $121.00M | $72.72M | $81.24M | $65.99M |
| Property Plant & Equipment | $1.31B | $1.21B | $900.84M | $774.21M | $673.63M | $617.06M | $620.55M | $625.51M | $624.00M | $612.91M | $605.50M | $564.43M | $560.37M | $532.68M |
| Goodwill | $30.60M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Intangible Assets | $92.30M | - | - | - | $85.20M | - | - | - | - | - | - | - | - | - |
| Other Non-current Assets | $2.55M | - | - | - | $4.21M | - | - | - | - | - | - | - | - | - |
| Total Assets | $2.33B | $2.16B | $1.91B | $1.73B | $1.71B | $917.56M | $926.25M | $917.01M | $924.31M | $910.61M | $832.44M | $844.55M | $833.39M | $746.54M |
| Accounts Payable | - | - | - | - | - | - | - | - | $2.03M | $3.63M | $3.02M | $10.75M | $3.84M | $1.87M |
| Accrued Liabilities | $43.59M | - | - | - | $24.70M | - | - | - | $26.96M | $24.84M | $29.72M | $70.93M | $58.45M | $28.05M |
| Deferred Revenue | $62.02M | $61.57M | $51.23M | $54.02M | $61.20M | $46.55M | $57.71M | $53.76M | $53.68M | $58.09M | $56.72M | $80.87M | $74.64M | $53.12M |
| Other Current Liabilities | $391.00K | $175.00K | $315.00K | $157.00K | $394.00K | $274.00K | $522.00K | $261.00K | $459.00K | $153.00K | $284.00K | - | $326.00K | - |
| Total Current Liabilities | $205.49M | $158.38M | $129.24M | $129.05M | $141.49M | $116.85M | $138.34M | $135.68M | $175.91M | $184.66M | $173.78M | $162.69M | $197.08M | $146.94M |
| Long-term Debt | $483.79M | $485.08M | $468.80M | $471.99M | $511.42M | $359.76M | $358.52M | $364.12M | $325.70M | $307.13M | $306.79M | $182.24M | $132.12M | $262.18M |
| Deferred Tax Liabilities | $1.04M | - | - | - | $711.00K | - | - | - | - | - | - | - | - | - |
| Other Non-current Liabilities | $451.62M | $425.07M | $425.52M | $423.46M | $418.62M | $18.30M | $17.65M | $10.11M | $11.27M | $3.92M | $3.87M | $3.88M | $4.00M | $4.39M |
| Total Liabilities | $1.97B | $1.80B | $1.55B | $1.38B | $1.35B | - | - | - | $545.33M | - | - | - | - | - |
| Retained Earnings | $-2.14B | $-2.13B | $-2.13B | $-2.15B | $-2.13B | $-2.08B | $-2.09B | $-2.08B | $-2.06B | $-2.05B | $-2.04B | $-2.04B | $-2.04B | $-2.03B |
| Total Stockholders Equity | $355.73M | $364.82M | $360.88M | $344.34M | $358.88M | $394.09M | $382.98M | $377.05M | $378.98M | $383.37M | $315.37M | $309.85M | $314.77M | $135.58M |
| Total Liabilities & Equity | $2.33B | $2.16B | $1.91B | $1.73B | $1.71B | $917.56M | $926.25M | $917.01M | $924.31M | $910.61M | $832.44M | $844.55M | $833.39M | $746.54M |
| 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 | $-11.62M | $1.09M | $19.21M | $-17.33M | $-50.22M | $-12.95M | $-9.68M | $-13.20M | $-15.08M | $-9.64M | $9.00K | $-3.48M | $-5.33M | $-251.58M |
| Stock-based Compensation | $5.60M | $17.81M | $12.91M | $6.96M | $8.90M | $26.64M | $18.39M | $9.23M | $11.85M | $10.64M | $6.29M | $3.76M | $6.32M | $4.43M |
| Change in Receivables | $-5.75M | $-1.73M | $-5.09M | $-6.79M | $-18.38M | $-8.28M | $-8.20M | $-5.14M | $-10.61M | $-2.08M | $2.10M | $3.79M | $57.00K | $952.00K |
| Change in Inventory | - | - | - | - | $-788.00K | $-2.01M | $-1.15M | $126.00K | $2.12M | $2.03M | $-12.00K | $-101.00K | $1.08M | $1.29M |
| Operating Cash Flow | $175.89M | $445.76M | $209.74M | $51.86M | $340.66M | $98.53M | $66.49M | $29.82M | $5.79M | $68.56M | $42.99M | $22.80M | $32.09M | $31.70M |
| Investing Cash Flow | $-64.50M | $-485.88M | $-271.79M | $-190.58M | $-152.85M | $-107.72M | $-74.46M | $-54.25M | $-33.23M | $-142.38M | $-124.64M | $-71.58M | $-14.65M | $-25.31M |
| Dividends Paid | $2.67M | $7.93M | $5.26M | $2.62M | $2.67M | $7.96M | $5.29M | $2.64M | $2.67M | $9.27M | $6.59M | $3.95M | - | - |
| Financing Cash Flow | $-10.10M | $-6.08M | $-22.02M | $-11.41M | $152.27M | $4.91M | $16.24M | $27.11M | $19.89M | $105.90M | $114.82M | $37.15M | $-162.00K | $-5.89M |
| Net Change in Cash | $101.18M | $-44.87M | $-82.94M | $-149.75M | $339.25M | $-4.83M | $7.59M | $2.54M | $-7.39M | $32.05M | $33.25M | $-11.60M | $17.33M | $445.00K |
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 | $73.84M | - | $201.03M | - |
| Operating Expenses | $63.69M | - | $193.22M | - |
| Selling General & Admin | $11.35M | - | $32.62M | - |
| Operating Income | $10.16M | - | $7.80M | - |
| Interest Expense | - | - | - | - |
| Other Income/Expense | $3.65M | - | $9.94M | - |
| Income Before Tax | $2.19M | - | $6.82M | - |
| Income Tax Expense | $1.10M | - | $3.85M | - |
| Net Income | $1.09M | $-9.68M | $2.97M | - |
| Basic EPS | -0.01 | - | -0.04 | - |
| Diluted EPS | -0.01 | - | -0.04 | - |
| Basic Shares Outstanding | $126.69M | - | $126.59M | - |
| Diluted Shares Outstanding | $126.69M | - | $126.59M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $346.29M | $391.16M |
| Accounts Receivable | $25.97M | $26.95M |
| Inventory | $11.43M | $10.74M |
| Other Current Assets | $17.30M | $18.71M |
| Total Current Assets | $400.99M | $447.57M |
| Property Plant & Equipment | $1.21B | $673.63M |
| Total Assets | $2.16B | $1.71B |
| Deferred Revenue | $61.57M | $61.20M |
| Other Current Liabilities | $175.00K | $394.00K |
| Total Current Liabilities | $158.38M | $141.49M |
| Long-term Debt | $485.08M | $476.82M |
| Other Non-current Liabilities | $425.07M | $418.62M |
| Total Liabilities | $1.80B | $1.35B |
| Retained Earnings | $-2.13B | $-2.13B |
| Total Stockholders Equity | $364.82M | $358.88M |
| Total Liabilities & Equity | $2.16B | $1.71B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $1.09M | $-9.68M | $2.97M | - |
| Stock-based Compensation | - | - | $17.81M | - |
| Change in Receivables | - | - | $-1.73M | - |
| Operating Cash Flow | - | - | $445.76M | - |
| Investing Cash Flow | - | - | $-485.88M | - |
| Dividends Paid | - | - | $7.93M | - |
| Financing Cash Flow | - | - | $-6.08M | - |
| Net Change in Cash | - | - | $-44.87M | - |
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.