$967.60M
Revenue
$307.42M
Net Income
84.98%
Gross Margin
7.81%
Op. Margin
$-84.90M
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) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $278.36M | $277.87M | $225.30M | $186.06M | $270.76M | $199.31M | $148.37M |
| Revenue Growth % (YoY) | 2.8% | 39.4% | 51.9% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $38.52M | $35.00M | $35.11M | $36.73M | $48.74M | $40.31M | $46.72M |
| Gross Profit | $239.85M | $242.87M | $190.19M | $149.33M | $222.02M | $158.99M | $101.65M |
| Gross Margin % | 86.2% | 87.4% | 84.4% | 80.3% | 82.0% | 79.8% | 68.5% |
| Operating Expenses | $217.53M | $212.46M | $214.49M | $247.54M | $415.74M | $281.05M | $368.62M |
| Selling General & Admin | $146.10M | $143.89M | $142.37M | $167.39M | $241.75M | $184.60M | $209.34M |
| Operating Income | $60.83M | $65.41M | $10.81M | $-61.48M | $-144.98M | $-81.75M | $-220.26M |
| Operating Margin % | 21.9% | 23.5% | 4.8% | -33.0% | -53.5% | -41.0% | -148.5% |
| Interest Expense | $20.05M | $18.77M | $23.95M | $29.96M | $31.11M | $33.00M | $42.69M |
| Interest Income | $241.00K | $1.49M | $492.00K | $1.49M | $729.00K | $1.44M | $804.00K |
| Income Before Tax | $79.22M | $98.60M | $74.74M | $-23.00M | $-235.47M | $-134.34M | $-408.77M |
| Income Tax Expense | $-11.08M | $1.18M | $3.05M | $-3.04M | $4.32M | $14.51M | $25.01M |
| Net Income | $86.84M | $91.08M | $139.47M | $-9.97M | $2.89M | $-284.40M | $-433.60M |
| Net Margin % | 31.2% | 32.8% | 61.9% | -5.4% | 1.1% | -142.7% | -292.3% |
| Basic EPS | 2.78 | 2.91 | 4.50 | -0.39 | 0.07 | -9.39 | -14.35 |
| Diluted EPS | 2.78 | 2.91 | 4.50 | -0.39 | 0.07 | -9.39 | -14.35 |
| Basic Shares Outstanding | 14K | 30.6M | 30.5M | 30.5M | 55K | 30.5M | 30.4M |
| Diluted Shares Outstanding | 14K | 30.6M | 30.5M | 30.5M | 55K | 30.5M | 30.4M |
| 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) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $226.60M | $184.22M | $267.39M | $138.30M | $154.88M | $159.25M | $236.90M |
| Accounts Receivable | $55.47M | $63.46M | $61.23M | $61.60M | $88.38M | $91.51M | $115.68M |
| Inventory | $48.02M | $51.01M | - | - | $63.00M | - | - |
| Other Current Assets | $128.65M | $219.40M | $219.97M | $241.75M | $252.34M | $201.69M | $221.46M |
| Property Plant & Equipment | $17.61M | $18.08M | $18.45M | $17.97M | $18.95M | $43.42M | $44.69M |
| Goodwill | $392.69M | $392.69M | $392.69M | $392.69M | $423.14M | $498.38M | $502.34M |
| Intangible Assets | $118.29M | $124.64M | $131.32M | $139.63M | $146.88M | $187.19M | $319.32M |
| Total Assets | $1.71B | $1.67B | $1.55B | $1.51B | $1.78B | $2.16B | $3.24B |
| Accounts Payable | $41.46M | $41.43M | $35.08M | $44.21M | $52.56M | $54.52M | $58.93M |
| Accrued Liabilities | - | $46.89M | - | - | - | - | - |
| Other Current Liabilities | - | $2.60M | $1.20M | $1.78M | $3.40M | $4.11M | $2.07M |
| Long-term Debt | $1.43B | $1.31B | - | - | - | - | - |
| Deferred Tax Liabilities | $4.11M | $2.33M | $2.26M | $2.12M | $5.46M | - | - |
| Total Liabilities | $1.83B | $1.88B | $1.85B | $1.96B | $2.24B | $2.58B | $3.38B |
| Common Stock | $3.00K | $3.00K | $3.00K | $3.00K | $3.00K | $3.00K | $3.00K |
| Retained Earnings | $-763.29M | $-850.13M | $-941.24M | $-1.08B | $-1.07B | $-1.08B | $-798.95M |
| Total Stockholders Equity | $-171.53M | $-260.46M | $-351.71M | $-496.82M | $-488.18M | $-497.58M | $-218.34M |
| Total Liabilities & Equity | $1.71B | $1.67B | $1.55B | $1.51B | $1.78B | $2.16B | $3.24B |
| 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) |
|---|---|---|---|---|---|---|---|
| Net Income | $86.84M | $220.58M | $139.47M | $-9.97M | $2.89M | $-767.17M | $-433.60M |
| Depreciation & Amortization | $7.94M | $27.23M | $18.80M | $10.09M | $11.28M | $34.13M | $22.94M |
| Stock-based Compensation | $2.96M | $11.02M | $8.61M | $3.56M | $1.46M | $17.59M | $14.87M |
| Deferred Income Tax | $2.32M | $9.16M | $9.10M | $8.96M | $5.43M | $20.45M | $1.45M |
| Change in Receivables | $-6.55M | $-238.00K | $-3.54M | $-3.55M | $5.01M | $-7.24M | $759.00K |
| Operating Cash Flow | $26.22M | $-85.93M | $-25.38M | $184.00K | $-2.74M | $266.29M | $246.84M |
| Acquisitions | - | - | - | - | - | $19.14M | $19.14M |
| Investing Cash Flow | $35.55M | $275.93M | $289.22M | $59.18M | $415.00M | $25.53M | $6.70M |
| Stock Issued | - | - | - | - | - | - | - |
| Stock Repurchased | - | - | - | - | - | - | - |
| Dividends Paid | - | - | - | - | $104.00K | $33.63M | $33.63M |
| Financing Cash Flow | $-18.38M | $-260.99M | $-252.42M | $-172.53M | $-317.23M | $-354.72M | $-243.53M |
| Net Change in Cash | $43.78M | $-71.18M | $11.97M | $-113.63M | $86.83M | $-63.99M | $4.78M |
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 | $277.87M | $175.36M | $689.24M | $567.84M |
| Cost of Revenue | $35.00M | $40.31M | $106.85M | $118.90M |
| Operating Expenses | $212.46M | $257.52M | $674.49M | $898.60M |
| Selling General & Admin | $143.89M | $161.07M | $453.65M | $518.03M |
| Operating Income | $65.41M | $-82.16M | $14.75M | $-330.76M |
| Interest Expense | $18.77M | $33.00M | $72.69M | $102.19M |
| Interest Income | $1.49M | $1.43M | $3.47M | $2.89M |
| Income Before Tax | $98.60M | $-140.66M | $150.34M | $-643.26M |
| Income Tax Expense | $1.18M | $9.95M | $1.19M | $17.80M |
| Net Income | $91.08M | $-284.40M | $220.58M | $-767.17M |
| Basic EPS | 2.91 | -9.39 | 7.02 | -25.53 |
| Diluted EPS | 2.91 | -9.39 | 7.02 | -25.53 |
| Basic Shares Outstanding | $30.60M | $30.50M | $30.54M | $30.28M |
| Diluted Shares Outstanding | $30.60M | $30.50M | $30.54M | $30.28M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $184.22M | $146.85M |
| Accounts Receivable | $63.46M | $68.65M |
| Inventory | $51.01M | $63.00M |
| Other Current Assets | $219.40M | $242.92M |
| Property Plant & Equipment | $18.08M | $18.68M |
| Goodwill | $392.69M | $392.69M |
| Intangible Assets | $124.64M | $146.45M |
| Total Assets | $1.67B | $1.78B |
| Accounts Payable | $41.43M | $51.24M |
| Accrued Liabilities | $46.89M | $51.70M |
| Other Current Liabilities | $2.60M | $3.40M |
| Long-term Debt | $1.31B | $1.53B |
| Deferred Tax Liabilities | $2.33M | $5.46M |
| Total Liabilities | $1.88B | $2.24B |
| Common Stock | $3.00K | $3.00K |
| Retained Earnings | $-850.13M | $-1.07B |
| Total Stockholders Equity | $-260.46M | $-488.18M |
| Total Liabilities & Equity | $1.67B | $1.78B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $91.08M | $-284.40M | $220.58M | $-767.17M |
| Depreciation & Amortization | - | - | $27.23M | $34.13M |
| Stock-based Compensation | - | - | $11.02M | $17.59M |
| Deferred Income Tax | - | - | $9.16M | $20.45M |
| Change in Receivables | - | - | $-238.00K | $-7.24M |
| Operating Cash Flow | - | - | $-85.93M | $266.29M |
| Acquisitions | - | - | - | $19.14M |
| Investing Cash Flow | - | - | $275.93M | $25.53M |
| Dividends Paid | - | - | - | $33.63M |
| Financing Cash Flow | - | - | $-260.99M | $-354.72M |
| Net Change in Cash | - | - | $-71.18M | $-63.99M |
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.