$785.01M
Revenue
$307.00K
Net Income
67.86%
Gross Margin
7.22%
Op. Margin
$17.79M
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 | $785.01M | $785.01M | $824.16M | $916.96M | $1.20B | $1.11B |
| Revenue Growth % | 0.0% | -4.7% | -10.1% | -23.7% | 8.0% | nan% |
| Cost of Revenue | $252.31M | $252.31M | $286.92M | $338.71M | $422.01M | $408.04M |
| Gross Profit | $532.71M | $532.71M | $537.24M | $578.25M | $780.38M | $705.34M |
| Gross Margin % | 67.9% | 67.9% | 65.2% | 63.1% | 64.9% | 63.4% |
| Operating Expenses | $476.00M | $476.00M | $570.54M | $778.26M | $681.06M | $515.33M |
| Research & Development | - | $39.11M | $15.71M | $12.74M | - | - |
| Operating Income | $56.71M | $56.71M | $-33.30M | $-200.02M | $99.32M | $190.01M |
| Operating Margin % | 7.2% | 7.2% | -4.0% | -21.8% | 8.3% | 17.1% |
| Interest Expense | $56.32M | $31.58M | $44.02M | $57.03M | $56.90M | $48.87M |
| Other Income/Expense | $3.91M | $3.91M | $-10.73M | $-1.52M | $15.45M | $-4.15M |
| Income Before Tax | $17.04M | $17.04M | $-66.00M | $-260.54M | $98.97M | $134.31M |
| Income Tax Expense | $16.74M | $16.74M | $8.22M | $-1.25M | $44.63M | $32.74M |
| Net Income | $307.00K | $307.00K | $-74.22M | $-259.30M | $54.35M | $101.58M |
| Net Margin % | 0.0% | 0.0% | -9.0% | -28.3% | 4.5% | 9.1% |
| Basic EPS | 0.01 | 0.01 | -2.00 | -7.47 | 1.58 | 3.02 |
| Diluted EPS | 0.01 | 0.01 | -2.00 | -7.47 | 1.49 | 2.78 |
| Basic Shares Outstanding | - | 43.6M | 37.1M | 34.7M | 34.3M | 33.6M |
| Diluted Shares Outstanding | - | 44.5M | 37.1M | 34.7M | 36.5M | 36.5M |
| 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 | $10.75M | $16.31M | $18.22M | $16.03M | $11.26M |
| Accounts Receivable | $136.39M | $161.62M | $205.50M | $284.70M | $279.05M |
| Other Current Assets | $679.00K | $2.12M | $2.66M | $11.86M | $13.60M |
| Total Current Assets | $178.86M | $210.72M | $266.87M | $378.32M | $370.64M |
| Property Plant & Equipment | - | $44.48M | $38.60M | $42.33M | $50.94M |
| Goodwill | $253.81M | $253.32M | $302.40M | $566.00M | $671.89M |
| Intangible Assets | $25.93M | $34.26M | $18.79M | $34.72M | $82.58M |
| Other Non-current Assets | $45.89M | $25.89M | $28.46M | $42.65M | $33.89M |
| Total Assets | $688.59M | $712.16M | $783.17M | $1.18B | $1.30B |
| Accounts Payable | $9.76M | $13.01M | $10.35M | $18.97M | $8.61M |
| Accrued Liabilities | $91.25M | $95.46M | $105.90M | $126.81M | $131.81M |
| Deferred Revenue | $28.88M | $40.31M | $44.56M | $41.85M | $51.73M |
| Other Current Liabilities | $3.90M | $8.15M | $8.40M | $10.94M | $15.21M |
| Total Current Liabilities | $179.59M | $196.26M | $263.19M | $300.49M | $307.13M |
| Long-term Debt | $253.49M | $284.34M | - | - | - |
| Deferred Tax Liabilities | - | - | - | $513.00K | $10.80M |
| Other Non-current Liabilities | $10.70M | $9.76M | $19.00M | $22.20M | $35.21M |
| Common Stock | $720.00K | $706.00K | $627.00K | $613.00K | $608.00K |
| Retained Earnings | $-572.11M | $-572.42M | $-498.20M | $-238.91M | $-293.25M |
| Treasury Stock | - | - | - | - | $468.88M |
| Total Stockholders Equity | $218.14M | $196.92M | $152.70M | $382.27M | $314.71M |
| Total Liabilities & Equity | $688.59M | $712.16M | $783.17M | $1.18B | $1.30B |
| 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 | $307.00K | $307.00K | $-74.22M | $-259.30M | $54.35M | $101.58M |
| Depreciation & Amortization | $39.46M | $39.46M | $52.79M | $63.25M | $88.39M | $105.47M |
| Stock-based Compensation | $46.73M | $25.25M | $24.12M | $22.20M | $14.63M | $8.09M |
| Deferred Income Tax | - | $10.62M | $-5.40M | $-12.90M | - | - |
| Change in Receivables | $-22.38M | $9.85M | $-23.17M | $-54.33M | $5.24M | $-74.37M |
| Operating Cash Flow | $72.12M | $63.53M | $89.78M | $148.23M | $148.57M | $170.57M |
| Capital Expenditure | $54.33M | $32.39M | $33.54M | $33.39M | $29.23M | $26.85M |
| Acquisitions | - | $143.00K | $76.89M | $8.90M | $22.79M | $175.37M |
| Investing Cash Flow | $-54.76M | $-32.53M | $-110.42M | $-42.52M | $-52.03M | $-196.57M |
| Stock Issued | - | - | $87.40M | - | - | - |
| Stock Repurchased | - | $5.00M | $499.00K | - | - | - |
| Financing Cash Flow | $-36.26M | $-38.47M | $19.22M | $-103.49M | $-91.10M | $39.09M |
| Net Change in Cash | $-17.59M | $-6.89M | $-2.77M | $2.35M | $4.62M | $11.15M |
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 | $201.56M | $179.85M | $593.40M | $637.56M |
| Cost of Revenue | $65.09M | $67.87M | $191.02M | $223.35M |
| Gross Profit | $136.47M | $111.98M | $402.37M | $414.21M |
| Operating Expenses | $116.43M | $200.55M | $355.83M | $440.31M |
| Operating Income | $20.04M | $-88.57M | $46.55M | $-26.10M |
| Interest Expense | $8.59M | $11.51M | $24.15M | $35.30M |
| Other Income/Expense | $682.00K | $218.00K | $3.63M | $-7.57M |
| Income Before Tax | $11.47M | $-101.45M | $21.36M | $-75.46M |
| Income Tax Expense | $5.82M | $-5.38M | $11.39M | $6.64M |
| Net Income | $5.65M | $-96.07M | $9.97M | $-82.10M |
| Basic EPS | 0.13 | -2.65 | 0.23 | -2.28 |
| Diluted EPS | 0.13 | -2.65 | 0.22 | -2.28 |
| Basic Shares Outstanding | $43.75M | $36.31M | $43.64M | $35.98M |
| Diluted Shares Outstanding | $44.46M | $36.31M | $44.54M | $35.98M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $11.55M | $16.31M |
| Accounts Receivable | $139.85M | $161.62M |
| Other Current Assets | $2.32M | $2.12M |
| Total Current Assets | $193.92M | $210.72M |
| Property Plant & Equipment | $47.53M | $44.48M |
| Goodwill | $253.81M | $253.32M |
| Intangible Assets | $27.77M | $34.26M |
| Other Non-current Assets | $42.57M | $25.89M |
| Total Assets | $701.80M | $712.16M |
| Accounts Payable | $6.07M | $13.01M |
| Accrued Liabilities | $88.24M | $95.46M |
| Deferred Revenue | $33.61M | $40.31M |
| Other Current Liabilities | $4.92M | $8.15M |
| Total Current Liabilities | $169.35M | $196.26M |
| Other Non-current Liabilities | $12.10M | $9.76M |
| Common Stock | $717.00K | $706.00K |
| Retained Earnings | $-562.45M | $-572.42M |
| Total Stockholders Equity | $221.08M | $196.92M |
| Total Liabilities & Equity | $701.80M | $712.16M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $5.65M | $-96.07M | $9.97M | $-82.10M |
| Depreciation & Amortization | $9.62M | $12.52M | $31.32M | $41.14M |
| Stock-based Compensation | - | - | $19.55M | $17.65M |
| Change in Receivables | - | - | $5.57M | $-18.16M |
| Operating Cash Flow | - | - | $41.32M | $63.64M |
| Capital Expenditure | - | - | $22.49M | $24.73M |
| Investing Cash Flow | - | - | $-22.63M | $-24.73M |
| Stock Repurchased | - | - | $5.00M | $499.00K |
| Financing Cash Flow | - | - | $-23.93M | $-45.45M |
| Net Change in Cash | - | - | $-4.65M | $-6.66M |
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.