$243.30M
Revenue
$-10.50M
Net Income
94.62%
Gross Margin
-5.71%
Op. Margin
$6.80M
Free Cash Flow
| Breakdown | Q4 2025 (Jan 01, 2026) |
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 | $93.20M | $63.40M | $51.80M | $34.90M | $86.30M | $62.40M | $54.70M | $37.40M | $90.80M | $24.70M | $14.80M | $34.90M | $91.70M | $54.50M |
| Revenue Growth % (YoY) | 8.0% | 1.6% | -5.3% | -6.7% | -5.0% | 152.6% | 269.6% | 7.2% | -1.0% | -54.7% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $3.60M | $3.20M | $3.20M | $3.10M | $3.10M | $3.30M | $3.70M | $3.60M | $3.70M | $8.30M | $1.00M | $5.70M | $7.90M | $6.30M |
| Gross Profit | $89.60M | $60.20M | $48.60M | $31.80M | $83.20M | $59.10M | $51.00M | $33.80M | $87.10M | $16.40M | $13.80M | $29.20M | $83.80M | $48.20M |
| Gross Margin % | 96.1% | 95.0% | 93.8% | 91.1% | 96.4% | 94.7% | 93.2% | 90.4% | 95.9% | 66.4% | 93.2% | 83.7% | 91.4% | 88.4% |
| Operating Expenses | $69.40M | $65.20M | $63.80M | $58.80M | $66.40M | $69.90M | $64.00M | $60.10M | $70.40M | $37.00M | $19.70M | $65.50M | $63.60M | $58.70M |
| Operating Income | $23.80M | $-1.80M | $-12.00M | $-23.90M | $19.90M | $-7.50M | $-9.30M | $-22.70M | $20.40M | $-12.30M | $-4.90M | $-30.60M | $28.10M | $-4.20M |
| Operating Margin % | 25.5% | -2.8% | -23.2% | -68.5% | 23.1% | -12.0% | -17.0% | -60.7% | 22.5% | -49.8% | -33.1% | -87.7% | 30.6% | -7.7% |
| Interest Expense | $200.00K | $100.00K | $100.00K | $200.00K | $400.00K | $400.00K | $400.00K | $400.00K | $400.00K | $300.00K | $3.10M | $24.00M | $22.40M | $19.80M |
| Other Income/Expense | $200.00K | $100.00K | $200.00K | $100.00K | - | $600.00K | $300.00K | $-700.00K | $400.00K | $-400.00K | $-400.00K | $-100.00K | $500.00K | - |
| Income Before Tax | $29.30M | $1.60M | $-10.70M | $-30.70M | $24.90M | $-3.60M | $-8.70M | $-34.70M | $23.70M | $181.80M | $545.30M | $-54.00M | $10.10M | $-21.70M |
| Income Tax Expense | - | - | - | - | $200.00K | - | - | - | - | - | - | - | - | - |
| Net Income | $29.30M | $1.60M | $-10.70M | $-30.70M | $24.70M | $-3.60M | $-8.70M | $-34.70M | $23.70M | $181.80M | $545.30M | $-45.50M | $6.10M | $-8.90M |
| Net Margin % | 31.4% | 2.5% | -20.7% | -88.0% | 28.6% | -5.8% | -15.9% | -92.8% | 26.1% | 736.0% | 3684.5% | -130.4% | 6.7% | -16.3% |
| Basic EPS | 0.31 | 0.02 | -0.11 | -0.32 | 0.26 | -0.04 | -0.09 | -0.36 | -6.85 | 2.89 | 3.13 | -0.31 | 0.08 | -0.11 |
| Diluted EPS | 0.31 | 0.02 | -0.11 | -0.32 | 0.26 | -0.04 | -0.09 | -0.36 | -6.38 | 2.89 | 3.13 | -0.31 | 0.08 | -0.11 |
| Basic Shares Outstanding | - | 93.7M | 94.0M | 95.4M | -317K | 95.2M | 96.4M | 96.9M | 16.3M | 62.8M | 174.1M | 145.5M | 597K | 81.6M |
| Diluted Shares Outstanding | - | 94.3M | 94.0M | 95.4M | -317K | 95.2M | 96.4M | 96.9M | 16.1M | 62.8M | 174.1M | 145.5M | 597K | 81.6M |
| Breakdown | Q4 2025 (Jan 01, 2026) |
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 | $34.60M | $29.90M | $37.20M | $59.70M | $75.10M | $49.40M | $53.80M | $57.10M | $34.60M | $17.20M | $15.50M | $69.00M | $61.70M | $73.50M |
| Short-term Investments | - | - | - | $100.00K | $100.00K | $100.00K | - | - | - | - | - | - | - | - |
| Accounts Receivable | $96.50M | $59.10M | $57.10M | $46.70M | $85.30M | $62.80M | $50.70M | $48.60M | $96.60M | $69.30M | $200.00K | $39.20M | $92.00M | $58.80M |
| Other Current Assets | $4.00M | $3.70M | $3.60M | $3.80M | $3.80M | $3.60M | $8.90M | $8.70M | $4.20M | $500.00K | $7.10M | $10.70M | $7.90M | $4.70M |
| Total Current Assets | $138.10M | $95.70M | $101.00M | $124.20M | $177.90M | $125.60M | $116.40M | $117.40M | $143.80M | $103.40M | $23.80M | $121.70M | $164.40M | $137.30M |
| Property Plant & Equipment | $19.40M | $17.10M | $16.70M | $16.10M | $16.40M | $15.30M | $15.80M | $15.90M | $15.80M | $14.60M | - | $12.20M | $13.00M | $12.70M |
| Goodwill | $500.00K | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Intangible Assets | $308.80M | $314.40M | $322.00M | $341.10M | $350.80M | $364.40M | $375.00M | $384.60M | $394.30M | $408.90M | - | $580.90M | $586.70M | $596.80M |
| Other Non-current Assets | $15.00M | $16.80M | $17.20M | $17.60M | $18.10M | $18.00M | $17.30M | $17.80M | $10.90M | $8.80M | - | $22.10M | $23.80M | $22.00M |
| Total Assets | $490.60M | $451.90M | $462.00M | $503.80M | $568.60M | $526.10M | $527.20M | $538.60M | $567.70M | $539.00M | $43.40M | $740.20M | $792.40M | $775.40M |
| Accounts Payable | $26.10M | $20.80M | $19.40M | $19.80M | $23.00M | $16.20M | $16.30M | $16.20M | $21.70M | $18.80M | $2.40M | $24.00M | $25.00M | $18.30M |
| Short-term Debt | - | - | - | - | - | - | - | - | - | - | - | $1.12B | $1.12B | $220.20M |
| Accrued Liabilities | $1.90M | $2.20M | $1.90M | $1.60M | $1.60M | $1.90M | $1.70M | $1.70M | $1.60M | $1.50M | $800.00K | $26.80M | $17.80M | $15.80M |
| Deferred Revenue | $10.80M | $9.60M | $18.60M | $18.40M | $23.60M | $14.50M | $12.60M | $13.00M | $9.80M | $9.30M | $3.80M | $9.20M | $10.20M | $9.60M |
| Other Current Liabilities | $1.50M | $2.00M | $2.20M | $1.90M | $1.80M | $3.10M | $2.90M | $1.30M | $1.00M | - | - | $2.30M | $2.20M | $2.20M |
| Total Current Liabilities | $62.10M | $50.50M | $57.90M | $54.30M | $73.50M | $51.10M | $47.50M | $42.50M | $58.40M | $51.80M | $9.80M | $1.20B | $1.20B | $290.20M |
| Long-term Debt | $12.00M | - | - | - | $10.00M | $10.00M | $10.00M | $10.00M | $10.00M | $10.00M | - | - | - | $901.00M |
| Other Non-current Liabilities | $900.00K | $1.50M | $1.50M | $1.50M | $14.00M | - | $11.50M | - | $5.00M | - | - | $17.40M | $18.00M | $18.60M |
| Total Liabilities | $115.20M | $101.40M | $112.00M | $133.00M | $157.40M | $140.60M | $139.30M | $136.30M | $133.20M | $129.70M | $62.70M | $1.27B | $1.26B | $1.23B |
| Common Stock | $2.50M | $2.50M | $2.50M | $2.50M | $2.50M | $2.50M | $2.50M | $2.50M | $2.60M | $2.50M | $1.70M | $1.70M | $1.30M | $800.00K |
| Retained Earnings | $236.40M | $213.50M | $214.80M | $237.90M | $280.90M | $258.30M | $263.80M | $281.80M | $316.60M | $293.00M | $111.30M | $-415.90M | $-370.40M | $-376.50M |
| Total Stockholders Equity | $375.40M | $350.50M | $350.00M | $370.80M | $411.20M | $385.50M | $387.90M | $402.30M | $434.50M | $409.30M | $-19.30M | $-531.80M | $-515.30M | $-564.80M |
| Total Liabilities & Equity | $490.60M | $451.90M | $462.00M | $503.80M | $568.60M | $526.10M | $527.20M | $538.60M | $567.70M | $539.00M | $43.40M | $740.20M | $792.40M | $775.40M |
| Breakdown | Q4 2025 (Jan 01, 2026) |
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 | $29.30M | $1.60M | $-10.70M | $-30.70M | $24.70M | $-47.00M | $-43.40M | $-34.70M | $23.70M | $681.50M | $545.30M | $-45.50M | $6.10M | $-34.80M |
| Stock-based Compensation | $2.00M | $7.30M | $5.60M | $2.70M | $3.00M | $9.20M | $6.10M | $2.60M | $1.50M | $3.00M | $2.00M | $1.50M | $2.00M | $5.10M |
| Change in Receivables | $34.80M | $-25.90M | $-28.10M | $-38.70M | $22.60M | $-33.20M | $-45.60M | $-47.90M | $27.40M | $-63.70M | $-57.80M | $-52.70M | $33.50M | $6.50M |
| Operating Cash Flow | $8.30M | $100.00K | $1.10M | $6.00M | $30.50M | $29.80M | $31.80M | $24.10M | $15.60M | $-22.30M | $4.50M | $10.40M | - | $-36.70M |
| Capital Expenditure | $2.20M | $3.40M | $2.40M | $700.00K | $2.40M | $3.40M | $2.80M | $1.50M | $1.60M | $1.70M | $1.10M | $1.00M | $900.00K | $2.00M |
| Purchases of Investments | - | - | - | - | - | $100.00K | - | - | - | - | - | - | - | - |
| Investing Cash Flow | $-9.60M | $-5.80M | $-2.40M | $-700.00K | $-2.80M | $-2.90M | $-2.40M | $-1.30M | $-1.00M | $33.60M | $-800.00K | $-700.00K | - | $-2.00M |
| Stock Repurchased | $3.30M | $18.70M | $18.70M | $8.80M | $2.00M | $11.10M | $9.20M | - | - | - | - | - | - | - |
| Dividends Paid | $2.90M | $8.50M | $5.70M | - | - | $300.00K | $300.00K | $300.00K | - | $500.00K | $400.00K | $400.00K | - | $9.50M |
| Financing Cash Flow | $6.00M | $-39.50M | $-36.50M | $-20.40M | $-2.00M | $-12.10M | $-10.20M | $-300.00K | - | $-52.10M | $-52.00M | $-2.40M | - | $11.00M |
| Net Change in Cash | $4.70M | $-45.20M | $-37.80M | $-15.10M | $25.70M | $14.80M | $19.20M | $22.50M | $14.60M | $-40.80M | $-48.30M | $7.30M | $-9.70M | $-27.70M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.