$243.30M
Revenue
$-10.50M
Net Income
94.62%
Gross Margin
-5.71%
Op. Margin
$6.80M
Free Cash Flow
| Breakdown | TTM (Jan 01, 2026) |
FY 2026 (Jan 01, 2026) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $243.30M | $243.20M | $240.80M | $165.20M | $249.20M | $114.60M |
| Revenue Growth % | 0.0% | 1.0% | 45.8% | -33.7% | 117.5% | nan% |
| Cost of Revenue | $13.10M | $13.00M | $13.70M | $10.60M | $27.20M | $19.10M |
| Gross Profit | $230.20M | $230.20M | $227.10M | $154.60M | $222.00M | $95.50M |
| Gross Margin % | 94.6% | 94.7% | 94.3% | 93.6% | 89.1% | 83.3% |
| Operating Expenses | $257.20M | $257.10M | $260.30M | $192.50M | $242.30M | $183.20M |
| Research & Development | - | $3.10M | - | - | - | - |
| Operating Income | $-13.90M | $-13.90M | $-19.50M | $-27.30M | $6.90M | $-68.60M |
| Operating Margin % | -5.7% | -5.7% | -8.1% | -16.5% | 2.8% | -59.9% |
| Interest Expense | $600.00K | $600.00K | $1.70M | $27.90M | $79.70M | $64.80M |
| Other Income/Expense | $600.00K | $600.00K | $1.30M | $100.00K | $700.00K | - |
| Income Before Tax | $-10.50M | $-10.60M | $-22.10M | $696.70M | $-66.20M | $-118.40M |
| Income Tax Expense | - | - | $200.00K | - | - | - |
| Net Income | $-10.50M | $-10.60M | $-22.30M | $705.20M | $-28.70M | $-48.70M |
| Net Margin % | -4.3% | -4.4% | -9.3% | 426.9% | -11.5% | -42.5% |
| Basic EPS | -0.10 | -0.11 | -0.23 | 14.73 | -0.35 | -0.61 |
| Diluted EPS | -0.10 | -0.11 | -0.23 | 14.34 | -0.35 | -0.61 |
| Basic Shares Outstanding | - | 94.2M | 95.9M | 47.9M | 82.0M | 79.9M |
| Diluted Shares Outstanding | - | 94.2M | 95.9M | 48.6M | 82.0M | 79.9M |
| Breakdown | FY 2026 (Jan 01, 2026) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $34.60M | $75.10M | $34.60M | $61.70M | $101.20M |
| Short-term Investments | - | $100.00K | - | - | - |
| Accounts Receivable | $96.50M | $85.30M | $96.60M | $92.00M | $53.00M |
| Other Current Assets | $4.00M | $3.80M | $4.20M | $7.90M | $3.90M |
| Total Current Assets | $138.10M | $177.90M | $143.80M | $164.40M | $158.40M |
| Property Plant & Equipment | $19.40M | $16.40M | $15.80M | $13.00M | $21.30M |
| Goodwill | $500.00K | - | - | - | - |
| Intangible Assets | $308.80M | $350.80M | $394.30M | $586.70M | $606.30M |
| Other Non-current Assets | $15.00M | $18.10M | $10.90M | $23.80M | $25.10M |
| Total Assets | $490.60M | $568.60M | $567.70M | $792.40M | $817.40M |
| Accounts Payable | $26.10M | $23.00M | $21.70M | $25.00M | $16.30M |
| Short-term Debt | - | - | - | $1.12B | $3.20M |
| Accrued Liabilities | $1.90M | $1.60M | $1.60M | $17.80M | $15.80M |
| Deferred Revenue | $10.80M | $23.60M | $9.80M | $10.20M | $12.60M |
| Other Current Liabilities | $1.50M | $1.80M | $1.00M | $2.20M | $2.20M |
| Total Current Liabilities | $62.10M | $73.50M | $58.40M | $1.20B | $69.80M |
| Long-term Debt | $12.00M | $10.00M | $10.00M | - | $1.09B |
| Other Non-current Liabilities | $900.00K | $14.00M | $5.00M | $18.00M | $20.40M |
| Total Liabilities | $115.20M | $157.40M | $133.20M | $1.26B | $1.20B |
| Common Stock | $2.50M | $2.50M | $2.60M | $1.30M | $800.00K |
| Retained Earnings | $236.40M | $280.90M | $316.60M | $-370.40M | $-332.00M |
| Total Stockholders Equity | $375.40M | $411.20M | $434.50M | $-515.30M | $-526.70M |
| Total Liabilities & Equity | $490.60M | $568.60M | $567.70M | $792.40M | $817.40M |
| Breakdown | TTM (Jan 01, 2026) |
FY 2026 (Jan 01, 2026) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $-10.50M | $-10.60M | $-22.30M | $705.20M | $-28.70M | $-48.70M |
| Depreciation & Amortization | - | - | - | - | $6.50M | $10.90M |
| Stock-based Compensation | $17.60M | $9.30M | $12.20M | $4.50M | $7.10M | $8.10M |
| Deferred Income Tax | - | - | - | - | - | - |
| Change in Receivables | $-57.90M | $8.90M | $-10.60M | $-36.30M | $40.00M | $36.80M |
| Operating Cash Flow | $15.50M | $8.40M | $60.30M | $-6.70M | - | - |
| Capital Expenditure | $8.70M | $5.60M | $5.80M | $3.30M | $2.90M | $5.70M |
| Purchases of Investments | - | - | $100.00K | - | - | - |
| Investing Cash Flow | $-18.50M | $-15.40M | $-5.70M | $32.60M | - | - |
| Debt Repayment | - | - | - | - | $-19.80M | - |
| Stock Repurchased | $49.50M | $22.00M | $13.10M | - | - | - |
| Dividends Paid | $17.10M | $11.40M | $300.00K | $500.00K | $9.50M | $16.90M |
| Financing Cash Flow | $-90.40M | $-33.50M | $-14.10M | $-52.10M | - | - |
| Net Change in Cash | $-93.40M | $-40.50M | $40.50M | $-26.20M | $-37.40M | $-79.10M |
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 | $63.40M | $62.40M | $150.00M | $154.50M |
| Cost of Revenue | $3.20M | $3.30M | $9.40M | $10.60M |
| Operating Expenses | $65.20M | $69.90M | $187.70M | $193.90M |
| Operating Income | $-1.80M | $-7.50M | $-37.70M | $-39.40M |
| Interest Expense | $100.00K | $400.00K | $400.00K | $1.30M |
| Other Income/Expense | $100.00K | $600.00K | $400.00K | $1.30M |
| Income Before Tax | $1.60M | $-3.60M | $-39.90M | $-47.00M |
| Income Tax Expense | - | - | - | - |
| Net Income | $1.60M | $-3.60M | $-39.90M | $-47.00M |
| Basic EPS | 0.02 | -0.04 | -0.42 | -0.49 |
| Diluted EPS | 0.02 | -0.04 | -0.42 | -0.49 |
| Basic Shares Outstanding | $93.70M | $95.22M | $94.35M | $96.18M |
| Diluted Shares Outstanding | $94.31M | $95.22M | $94.35M | $96.18M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $29.90M | $75.10M |
| Short-term Investments | - | $100.00K |
| Accounts Receivable | $59.10M | $85.30M |
| Other Current Assets | $3.70M | $3.80M |
| Total Current Assets | $95.70M | $177.90M |
| Property Plant & Equipment | $17.10M | $16.40M |
| Intangible Assets | $314.40M | $350.80M |
| Other Non-current Assets | $16.80M | $18.10M |
| Total Assets | $451.90M | $568.60M |
| Accounts Payable | $20.80M | $23.00M |
| Accrued Liabilities | $2.20M | $1.60M |
| Deferred Revenue | $9.60M | $23.60M |
| Other Current Liabilities | $2.00M | $1.80M |
| Total Current Liabilities | $50.50M | $73.50M |
| Long-term Debt | - | $10.00M |
| Other Non-current Liabilities | $1.50M | $1.50M |
| Total Liabilities | $101.40M | $157.40M |
| Common Stock | $2.50M | $2.50M |
| Retained Earnings | $213.50M | $280.90M |
| Total Stockholders Equity | $350.50M | $411.20M |
| Total Liabilities & Equity | $451.90M | $568.60M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $1.60M | $-3.60M | $-39.90M | $-47.00M |
| Stock-based Compensation | - | - | $7.30M | $9.20M |
| Change in Receivables | - | - | $-25.90M | $-33.20M |
| Operating Cash Flow | - | - | $100.00K | $29.80M |
| Capital Expenditure | - | - | $3.40M | $3.40M |
| Purchases of Investments | - | - | - | $100.00K |
| Investing Cash Flow | - | - | $-5.80M | $-2.90M |
| Stock Repurchased | - | - | $18.70M | $11.10M |
| Dividends Paid | - | - | $8.50M | $300.00K |
| Financing Cash Flow | - | - | $-39.50M | $-12.10M |
| Net Change in Cash | - | - | $-45.20M | $14.80M |
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.