$538.80M
Revenue
$38.08M
Net Income
-
Gross Margin
22.51%
Op. Margin
$-790.80M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Total Revenue | $538.80M | $313.09M | $292.95M | $320.00M | $159.19M |
| Revenue Growth % | 72.1% | 6.9% | -8.5% | 101.0% | nan% |
| Cost of Revenue | - | - | $177.85M | $219.78M | $115.46M |
| Gross Profit | - | - | $115.10M | $100.23M | $43.73M |
| Gross Margin % | nan% | nan% | 39.3% | 31.3% | 27.5% |
| Operating Expenses | $417.52M | $260.27M | $243.04M | $278.20M | $159.58M |
| Selling General & Admin | $56.29M | $35.62M | $26.95M | $23.07M | $19.26M |
| Operating Income | $121.28M | $52.82M | $49.90M | $41.80M | $-387.00K |
| Operating Margin % | 22.5% | 16.9% | 17.0% | 13.1% | -0.2% |
| Interest Expense | $46.78M | $11.46M | $2.96M | $249.00K | $132.00K |
| Interest Income | - | $1.46M | $144.00K | - | - |
| Income Before Tax | $94.19M | $36.92M | $46.59M | $41.31M | $-634.00K |
| Income Tax Expense | $18.28M | $8.01M | $7.82M | $7.80M | $626.00K |
| Net Income | $38.08M | $15.81M | $24.34M | $21.16M | $-868.00K |
| Net Margin % | 7.1% | 5.0% | 8.3% | 6.6% | -0.5% |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|
| Cash & Cash Equivalents | $114.25M | $5.83M | $8.84M | $36.50M |
| Accounts Receivable | $71.77M | - | $64.54M | $29.51M |
| Inventory | $10.95M | $6.67M | $5.29M | $1.65M |
| Other Current Assets | $8.39M | $4.34M | $5.15M | $9.80M |
| Total Current Assets | $250.98M | $67.14M | $88.74M | $81.07M |
| Goodwill | $103.98M | $13.00M | $13.00M | $13.00M |
| Intangible Assets | $71.52M | $702.00K | $1.43M | $2.20M |
| Other Non-current Assets | $1.34M | $342.00K | $268.00K | $57.00K |
| Total Assets | $1.13B | $468.30M | $462.58M | $406.22M |
| Accounts Payable | $21.09M | $12.65M | $25.93M | $9.93M |
| Accrued Liabilities | $23.16M | $20.29M | $25.25M | $16.92M |
| Deferred Revenue | $4.92M | - | - | - |
| Other Current Liabilities | $717.00K | $408.00K | $790.00K | $496.00K |
| Total Current Liabilities | $65.53M | $37.20M | $55.91M | $29.30M |
| Long-term Debt | $315.70M | $30.00M | - | - |
| Deferred Tax Liabilities | $7.58M | - | - | - |
| Other Non-current Liabilities | $44.00K | $44.00K | $367.00K | $384.00K |
| Total Liabilities | $463.73M | $152.72M | $145.45M | $108.35M |
| Retained Earnings | $17.66M | $17.31M | $12.85M | $5.92M |
| Total Stockholders Equity | $355.62M | $205.98M | $215.72M | $203.15M |
| Total Liabilities & Equity | $1.13B | $468.30M | $462.58M | $406.22M |
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Net Income | $43.40M | $15.81M | $24.34M | $21.16M | $-868.00K |
| Depreciation & Amortization | $136.03M | $47.22M | $36.19M | $30.43M | $27.21M |
| Stock-based Compensation | $39.71M | $10.59M | $7.74M | $6.09M | $5.21M |
| Deferred Income Tax | $29.00M | $6.47M | $7.25M | $7.68M | $132.00K |
| Change in Receivables | $133.53M | $19.16M | $-17.16M | $34.61M | $12.16M |
| Change in Inventory | $1.99M | $2.25M | $6.19M | $4.62M | $978.00K |
| Change in Payables | $13.25M | $-3.45M | $-10.63M | $13.34M | $2.96M |
| Operating Cash Flow | $201.89M | $59.37M | $89.35M | $68.00M | $16.47M |
| Capital Expenditure | $992.69M | $188.42M | $64.39M | $81.41M | $19.64M |
| Acquisitions | - | $122.06M | - | - | - |
| Investing Cash Flow | $-1.02B | $-305.03M | $-62.00M | $-79.54M | $-19.52M |
| Stock Issued | - | $160.88M | - | - | - |
| Stock Repurchased | - | $8.09M | $26.44M | - | - |
| Dividends Paid | $19.05M | $14.60M | $14.07M | $13.80M | $13.41M |
| Financing Cash Flow | $642.78M | $399.70M | $-30.35M | $-16.12M | $-20.82M |
| Net Change in Cash | $-173.81M | $154.03M | $-3.00M | $-27.66M | $-23.87M |
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 | $166.84M | - | $442.50M | - |
| Operating Expenses | $128.93M | - | $346.97M | - |
| Selling General & Admin | $15.55M | - | $45.72M | - |
| Operating Income | $37.91M | - | $95.54M | - |
| Interest Expense | - | - | $19.64M | - |
| Income Before Tax | $28.88M | - | $75.85M | - |
| Income Tax Expense | $4.06M | - | $13.94M | - |
| Net Income | $14.55M | $9.82M | $31.82M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $106.70M | $114.25M |
| Accounts Receivable | $130.37M | $71.77M |
| Inventory | $12.41M | $10.95M |
| Other Current Assets | $12.10M | $8.39M |
| Total Current Assets | $261.58M | $250.98M |
| Goodwill | $106.45M | $103.98M |
| Intangible Assets | $62.74M | $71.52M |
| Other Non-current Assets | $6.29M | $1.34M |
| Total Assets | $1.57B | $1.12B |
| Accounts Payable | $42.64M | $21.09M |
| Accrued Liabilities | $32.67M | $23.16M |
| Deferred Revenue | $6.72M | $4.92M |
| Other Current Liabilities | $3.86M | $717.00K |
| Total Current Liabilities | $109.24M | $65.53M |
| Other Non-current Liabilities | $44.00K | $44.00K |
| Total Liabilities | $708.09M | $456.15M |
| Retained Earnings | $34.10M | $17.66M |
| Total Stockholders Equity | $546.55M | $355.62M |
| Total Liabilities & Equity | $1.57B | $1.12B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $14.55M | $9.82M | $31.82M | - |
| Depreciation & Amortization | - | - | $60.80M | - |
| Stock-based Compensation | - | - | $17.48M | - |
| Deferred Income Tax | - | - | $12.34M | - |
| Change in Receivables | - | - | $52.59M | - |
| Change in Inventory | - | - | $1.21M | - |
| Change in Payables | - | - | $7.80M | - |
| Operating Cash Flow | - | - | $113.17M | - |
| Capital Expenditure | - | - | $392.26M | - |
| Acquisitions | - | - | $29.42M | - |
| Investing Cash Flow | - | - | $-422.08M | - |
| Dividends Paid | $5.80M | - | $15.39M | - |
| Financing Cash Flow | - | - | $255.75M | - |
| Net Change in Cash | - | - | $-53.16M | - |
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.