$146.59M
Revenue
$-9.45M
Net Income
42.81%
Gross Margin
-11.87%
Op. Margin
$-35.58M
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) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $146.59M | $146.59M | $117.61M | $87.24M | $91.90M | $74.44M | $46.72M |
| Revenue Growth % | 0.0% | 24.6% | 34.8% | -5.1% | 23.5% | 59.3% | nan% |
| Gross Profit | $62.76M | $62.76M | $25.20M | $11.91M | $11.97M | $-17.53M | $-25.83M |
| Gross Margin % | 42.8% | 42.8% | 21.4% | 13.7% | 13.0% | -23.6% | -55.3% |
| Operating Expenses | $80.15M | $80.15M | $101.73M | $96.71M | $136.81M | $543.06M | $153.51M |
| Research & Development | $4.45M | $4.45M | $4.23M | $5.84M | $13.38M | $23.33M | $20.37M |
| Operating Income | $-17.39M | $-17.39M | $-76.53M | $-84.80M | $-124.84M | $-560.59M | $-179.35M |
| Operating Margin % | -11.9% | -11.9% | -65.1% | -97.2% | -135.8% | -753.1% | -383.9% |
| Interest Expense | - | - | - | - | - | - | - |
| Other Income/Expense | $-241.00K | $-241.00K | $-350.00K | $1.11M | $-493.00K | $730.00K | $-1.83M |
| Income Before Tax | $-17.12M | $-17.12M | $36.59M | $-73.67M | $-134.56M | $-397.13M | $-73.27M |
| Income Tax Expense | $-14.19M | $-14.19M | $-3.44M | $-3.23M | $34.17M | $-431.00K | $1.35M |
| Net Income | $-9.45M | $-9.45M | $41.08M | $-73.96M | $-168.73M | $-396.11M | $-73.14M |
| Net Margin % | -6.4% | -6.4% | 34.9% | -84.8% | -183.6% | -532.2% | -156.5% |
| Basic EPS | -0.01 | -0.02 | 0.11 | -0.19 | -0.45 | -1.07 | -0.21 |
| Diluted EPS | -0.01 | -0.02 | 0.11 | -0.19 | -0.45 | -1.07 | -0.21 |
| Basic Shares Outstanding | - | 383.5M | 382.1M | 381.0M | - | - | 351.6M |
| Diluted Shares Outstanding | - | 383.5M | 385.6M | 381.0M | - | - | 351.6M |
| 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) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $791.79M | $858.80M | $669.29M | $764.64M | $886.97M | $1.08B |
| Short-term Investments | $40.00M | - | $192.24M | $113.08M | $117.68M | $211.77M |
| Accounts Receivable | $34.10M | $15.46M | $13.98M | $23.11M | $22.07M | $8.93M |
| Inventory | $46.75M | $33.15M | $30.50M | $37.56M | $32.80M | $44.00M |
| Other Current Assets | $8.34M | $6.28M | $5.41M | $7.11M | $8.97M | $11.16M |
| Total Current Assets | $944.09M | $936.11M | $933.31M | $960.16M | $1.08B | $1.37B |
| Property Plant & Equipment | $145.87M | $133.19M | $59.47M | $60.56M | $74.07M | $187.60M |
| Goodwill | $66.48M | $63.45M | $1.06M | $1.03M | $1.10M | $179.52M |
| Intangible Assets | $8.89M | $11.26M | $21.08M | $26.70M | $18.08M | $69.72M |
| Other Non-current Assets | - | - | $45.00K | $193.00K | $100.00K | $467.00K |
| Total Assets | $1.20B | $1.17B | $1.14B | $1.21B | $1.40B | $1.93B |
| Accounts Payable | $11.64M | $16.97M | $12.13M | $11.16M | $11.22M | $19.35M |
| Accrued Liabilities | $36.21M | $31.65M | $27.74M | $22.27M | $26.07M | $22.76M |
| Other Current Liabilities | - | - | $373.00K | $384.00K | - | - |
| Total Current Liabilities | $48.19M | $49.70M | $41.40M | $68.12M | $54.37M | $206.83M |
| Deferred Tax Liabilities | $4.09M | $3.56M | $181.00K | - | $81.00K | - |
| Other Non-current Liabilities | $733.00K | $1.07M | $1.00M | $1.38M | - | - |
| Total Liabilities | $54.18M | $55.33M | $43.96M | $72.05M | $63.46M | $217.51M |
| Common Stock | $662.98M | $669.88M | $613.73M | $611.32M | $595.50M | $569.26M |
| Retained Earnings | $447.76M | $457.71M | $416.72M | $490.68M | $659.42M | $1.06B |
| Total Stockholders Equity | $1.09B | $1.06B | $1.10B | $1.14B | $1.34B | $1.71B |
| Total Liabilities & Equity | $1.20B | $1.17B | $1.14B | $1.21B | $1.40B | $1.93B |
| 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) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|---|---|
| Net Income | $-9.45M | $-9.45M | $41.08M | $-73.96M | $-168.73M | $-396.11M | $-73.14M |
| Depreciation & Amortization | $24.11M | $14.23M | $9.34M | $8.11M | $13.12M | $15.40M | $7.04M |
| Stock-based Compensation | $12.61M | $7.05M | $8.70M | $8.77M | $15.12M | $10.15M | $15.36M |
| Deferred Income Tax | - | $1.13M | $-266.00K | $145.00K | - | - | - |
| Change in Working Capital | - | - | - | - | - | - | $33.94M |
| Change in Receivables | $29.94M | $16.74M | $917.00K | $-9.21M | $2.71M | $13.16M | $4.72M |
| Change in Inventory | $18.74M | $10.39M | $-7.42M | $-7.40M | $7.22M | $-11.56M | $4.87M |
| Change in Payables | $-1.58M | $1.11M | $-7.45M | $-773.00K | $-863.00K | $-2.37M | $-3.29M |
| Operating Cash Flow | $24.49M | $25.87M | $18.84M | $-42.84M | $-88.95M | $-153.62M | $-142.46M |
| Capital Expenditure | $60.07M | $25.72M | $12.41M | $2.50M | $3.45M | $11.14M | $31.41M |
| Acquisitions | - | - | - | - | - | - | - |
| Investing Cash Flow | $-188.25M | $-76.56M | $175.15M | $-59.50M | $-1.84M | $-28.90M | $20.15M |
| Stock Repurchased | - | $9.74M | - | - | - | - | - |
| Financing Cash Flow | $-33.45M | $-19.91M | $-1.23M | $-1.03M | $-2.90M | $-13.44M | $-5.46M |
| Net Change in Cash | $-192.39M | $-67.01M | $189.51M | $-95.35M | $-122.33M | $-191.05M | $-121.67M |
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 | $36.34M | - | $102.06M | - |
| Gross Profit | $18.33M | - | $46.57M | - |
| Operating Expenses | $18.84M | - | $56.47M | - |
| Research & Development | $1.34M | - | $3.07M | - |
| Operating Income | $-503.00K | - | $-9.90M | - |
| Interest Expense | - | - | - | - |
| Other Income/Expense | $-283.00K | - | $-241.00K | - |
| Income Before Tax | $27.00M | - | $-4.73M | - |
| Income Tax Expense | $-1.32M | - | $-2.30M | - |
| Net Income | $25.96M | $-8.76M | $-7.63M | - |
| Basic EPS | 0.07 | - | -0.02 | - |
| Diluted EPS | 0.07 | - | -0.02 | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $784.17M | $858.80M |
| Short-term Investments | $40.00M | - |
| Accounts Receivable | $27.09M | $15.46M |
| Inventory | $48.17M | $33.15M |
| Other Current Assets | $8.77M | $6.28M |
| Total Current Assets | $922.15M | $936.11M |
| Property Plant & Equipment | $145.54M | $133.19M |
| Goodwill | $65.41M | $63.45M |
| Intangible Assets | $9.83M | $11.26M |
| Total Assets | $1.18B | $1.17B |
| Accounts Payable | $10.87M | $16.97M |
| Accrued Liabilities | $29.62M | $31.65M |
| Total Current Liabilities | $41.07M | $49.70M |
| Deferred Tax Liabilities | $3.43M | $3.56M |
| Other Non-current Liabilities | $698.00K | $1.07M |
| Total Liabilities | $46.36M | $55.33M |
| Common Stock | $666.15M | $669.88M |
| Retained Earnings | $450.03M | $457.71M |
| Total Stockholders Equity | $1.08B | $1.06B |
| Total Liabilities & Equity | $1.18B | $1.17B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $25.96M | $-8.76M | $-7.63M | - |
| Depreciation & Amortization | $354.00K | - | $10.57M | - |
| Stock-based Compensation | - | - | $5.80M | - |
| Change in Receivables | - | - | $10.51M | - |
| Change in Inventory | - | - | $13.03M | - |
| Change in Payables | - | - | $-1.23M | - |
| Operating Cash Flow | - | - | $14.03M | - |
| Capital Expenditure | - | - | $23.58M | - |
| Investing Cash Flow | - | - | $-79.34M | - |
| Stock Repurchased | - | - | $5.47M | - |
| Financing Cash Flow | - | - | $-12.48M | - |
| Net Change in Cash | - | - | $-74.64M | - |
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.