$401.01M
Revenue
$-21.62M
Net Income
-
Gross Margin
-7.63%
Op. Margin
$206.26M
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 | $125.93M | $100.88M | $89.88M | $84.33M | $89.33M | $68.73M | $57.31M |
| Revenue Growth % (YoY) | 41.0% | 46.8% | 56.8% | nan% | nan% | nan% | nan% |
| Operating Expenses | $152.97M | $97.12M | $93.59M | $87.91M | $83.83M | $73.70M | $67.42M |
| Operating Income | $-27.04M | $3.76M | $-3.71M | $-3.58M | $5.51M | $-4.97M | $-10.11M |
| Operating Margin % | -21.5% | 3.7% | -4.1% | -4.2% | 6.2% | -7.2% | -17.6% |
| Interest Expense | $4.70M | $4.50M | $2.57M | $3.62M | $3.12M | $1.86M | $1.05M |
| Interest Income | $102.00K | $113.00K | $300.00K | $103.00K | $131.00K | $700.00K | $122.00K |
| Other Income/Expense | $-1.21M | $592.00K | $3.58M | $6.00M | $4.71M | $5.17M | $12.91M |
| Net Income | $-28.25M | $4.35M | $-135.00K | $2.42M | $10.22M | $203.00K | $2.81M |
| Net Margin % | -22.4% | 4.3% | -0.2% | 2.9% | 11.4% | 0.3% | 4.9% |
| Basic EPS | -0.57 | 0.08 | 0.00 | 0.06 | 0.27 | 0.01 | 0.09 |
| Diluted EPS | -0.57 | 0.08 | 0.00 | 0.06 | 0.26 | 0.01 | 0.09 |
| Basic Shares Outstanding | - | 54.8M | 48.2M | 41.1M | 1.8M | 39.3M | 31.2M |
| Diluted Shares Outstanding | - | 55.8M | 48.2M | 41.8M | 1.8M | 39.8M | 31.7M |
| 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 | $9.37M | $5.31M | $7.95M | $10.84M | $7.30M | $3.85M | $76.00M |
| Accounts Receivable | $52.39M | $45.60M | $36.99M | $38.48M | $39.69M | $35.00M | $28.51M |
| Other Current Assets | $15.29M | $14.92M | $13.64M | $13.40M | $11.04M | $11.43M | $12.52M |
| Total Current Assets | $95.33M | $76.92M | $70.76M | $81.58M | $64.45M | $54.13M | $117.02M |
| Property Plant & Equipment | $1.24B | $1.28B | $958.36M | $935.66M | $951.39M | $945.34M | $647.56M |
| Other Non-current Assets | $18.93M | $14.71M | $17.57M | $16.06M | $15.00M | $16.70M | $9.94M |
| Total Assets | $1.35B | $1.38B | $1.05B | $1.03B | $1.03B | $1.02B | $774.52M |
| Accounts Payable | $27.98M | $29.66M | $18.78M | $19.78M | $18.22M | $14.09M | $8.83M |
| Accrued Liabilities | $45.78M | $47.18M | $33.62M | $31.74M | $38.93M | $34.61M | $22.93M |
| Other Current Liabilities | $1.60M | $1.79M | $1.79M | $1.79M | $1.35M | $1.35M | $1.35M |
| Total Current Liabilities | $153.92M | $160.62M | $72.71M | $81.95M | $66.34M | $53.14M | $35.84M |
| Long-term Debt | $291.10M | $271.10M | $19.10M | $162.10M | $157.10M | $155.10M | $7.10M |
| Other Non-current Liabilities | $218.15M | $208.22M | $201.84M | $200.52M | $197.99M | $186.55M | $158.79M |
| Total Liabilities & Equity | $1.35B | $1.38B | $1.05B | $1.03B | $1.03B | $1.02B | $774.52M |
| 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 | $-28.25M | $4.35M | $-135.00K | $2.42M | $10.22M | $13.28M | $2.81M |
| Depreciation & Amortization | $29.76M | $23.70M | $43.11M | $21.43M | $17.99M | $34.42M | $10.33M |
| Stock-based Compensation | $3.47M | $12.84M | $9.37M | $2.13M | $1.60M | $4.57M | $2.97M |
| Change in Working Capital | $2.35M | $5.94M | $5.61M | $7.03M | $-3.30M | $-3.61M | $-2.14M |
| Change in Receivables | $8.10M | $4.67M | $-3.90M | $-1.20M | $4.99M | $3.00M | $-3.63M |
| Operating Cash Flow | $32.45M | $85.73M | $57.46M | $30.61M | $40.51M | $68.79M | $48.08M |
| Investing Cash Flow | $-29.89M | $-305.43M | $-49.57M | $-6.84M | $-15.27M | $-273.01M | $-38.48M |
| Debt Repayment | $25.00M | $246.50M | $226.50M | $31.00M | $27.00M | $95.00M | $82.00M |
| Financing Cash Flow | $1.50M | $217.70M | $-7.25M | $-20.23M | $-21.78M | $203.56M | $61.89M |
| Net Change in Cash | $4.07M | $-2.00M | $648.00K | $3.54M | $3.46M | $-659.00K | $71.49M |
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 | $100.88M | $68.73M | $275.08M | $193.48M |
| Operating Expenses | $97.12M | $73.70M | $278.62M | $205.85M |
| Operating Income | $3.76M | $-4.97M | $-3.54M | $-12.37M |
| Interest Expense | $4.50M | $1.86M | $10.70M | $3.88M |
| Interest Income | $113.00K | $700.00K | $516.00K | $947.00K |
| Other Income/Expense | $592.00K | $5.17M | $10.17M | $25.65M |
| Net Income | $4.35M | $203.00K | $6.63M | $13.28M |
| Basic EPS | 0.08 | 0.01 | 0.14 | 0.39 |
| Diluted EPS | 0.08 | 0.01 | 0.14 | 0.39 |
| Basic Shares Outstanding | $54.78M | $39.27M | $48.08M | $33.76M |
| Diluted Shares Outstanding | $55.81M | $39.83M | $49.01M | $34.34M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $5.31M | $7.30M |
| Accounts Receivable | $45.60M | $39.69M |
| Other Current Assets | $14.92M | $11.04M |
| Total Current Assets | $76.92M | $64.45M |
| Property Plant & Equipment | $1.28B | $951.39M |
| Other Non-current Assets | $14.71M | $15.00M |
| Total Assets | $1.38B | $1.03B |
| Accounts Payable | $29.66M | $18.22M |
| Accrued Liabilities | $47.18M | $38.93M |
| Other Current Liabilities | $1.79M | $1.35M |
| Total Current Liabilities | $160.62M | $66.34M |
| Long-term Debt | $271.10M | $157.10M |
| Other Non-current Liabilities | $208.22M | $197.99M |
| Total Liabilities & Equity | $1.38B | $1.03B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $4.35M | $203.00K | $6.63M | $13.28M |
| Depreciation & Amortization | $23.70M | $13.57M | $66.81M | $34.42M |
| Stock-based Compensation | - | - | $12.84M | $4.57M |
| Change in Working Capital | - | - | $5.94M | $-3.61M |
| Change in Receivables | - | - | $4.67M | $3.00M |
| Operating Cash Flow | - | - | $85.73M | $68.79M |
| Investing Cash Flow | - | - | $-305.43M | $-273.01M |
| Debt Repayment | - | - | $246.50M | $95.00M |
| Financing Cash Flow | - | - | $217.70M | $203.56M |
| Net Change in Cash | - | - | $-2.00M | $-659.00K |
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.