$2.23B
Revenue
$-46.55M
Net Income
10.75%
Gross Margin
-1.35%
Op. Margin
$27.39M
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 | $2.23B | $2.96B | $3.47B | $4.10B | $2.26B |
| Revenue Growth % | -24.7% | -14.8% | -15.4% | 81.6% | nan% |
| Cost of Revenue | $1.99B | $2.45B | $2.36B | $2.29B | $1.68B |
| Gross Profit | $239.43M | $505.68M | $1.12B | $1.82B | $578.84M |
| Gross Margin % | 10.8% | 17.1% | 32.1% | 44.3% | 25.6% |
| Operating Expenses | $2.26B | $2.73B | $2.61B | $2.52B | $1.90B |
| Selling General & Admin | $63.17M | $74.00M | $82.39M | $71.62M | $63.90M |
| Operating Income | $-30.05M | $227.85M | $863.09M | $1.58B | $357.14M |
| Operating Margin % | -1.3% | 7.7% | 24.9% | 38.5% | 15.8% |
| Interest Expense | $1.72M | $2.66M | $6.92M | $21.80M | $69.65M |
| Interest Income | $17.14M | $18.21M | $11.93M | $3.19M | $334.00K |
| Other Income/Expense | $-13.30M | $-11.20M | $-1.62M | $6.83M | $6.87M |
| Income Before Tax | $-54.74M | $210.75M | $845.46M | $1.55B | $290.54M |
| Income Tax Expense | $-8.20M | $23.17M | $123.50M | $106.20M | $3.61M |
| Net Income | $-46.55M | $187.58M | $721.96M | $1.45B | $288.79M |
| Net Margin % | -2.1% | 6.3% | 20.8% | 35.3% | 12.8% |
| Basic EPS | -3.57 | 14.41 | 51.18 | 82.82 | 15.66 |
| Diluted EPS | -3.55 | 14.28 | 49.30 | 79.49 | 15.30 |
| Basic Shares Outstanding | 13.0M | 13.0M | 14.1M | 17.5M | 18.4M |
| Diluted Shares Outstanding | 13.0M | 13.1M | 14.6M | 18.2M | 18.9M |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|
| Cash & Cash Equivalents | $481.58M | $268.21M | $301.91M | $81.21M |
| Short-term Investments | - | - | $46.05M | - |
| Accounts Receivable | $362.14M | $509.68M | $407.21M | $489.24M |
| Inventory | $169.27M | $231.34M | $200.57M | $129.38M |
| Other Current Assets | $23.68M | $39.03M | $49.38M | $47.69M |
| Total Current Assets | $1.04B | $1.05B | $1.11B | $747.99M |
| Goodwill | $11.12M | - | - | - |
| Intangible Assets | $39.88M | $46.58M | $55.10M | $74.20M |
| Other Non-current Assets | $111.59M | $106.49M | $103.19M | $131.06M |
| Total Assets | $2.44B | $2.41B | $2.31B | $1.86B |
| Accounts Payable | $96.63M | $128.84M | $106.04M | $90.09M |
| Total Current Liabilities | $251.11M | $309.93M | $402.62M | $295.93M |
| Long-term Debt | $1.79M | $6.79M | $7.90M | $445.56M |
| Deferred Tax Liabilities | $40.49M | $39.14M | $10.87M | $317.00K |
| Other Non-current Liabilities | $21.39M | $18.62M | $20.20M | $26.18M |
| Total Liabilities | $789.21M | $832.13M | $882.72M | $1.31B |
| Common Stock | $224.00K | $221.00K | $217.00K | $208.00K |
| Retained Earnings | $2.16B | $1.97B | $1.28B | $-71.74M |
| Treasury Stock | - | - | - | $107.80M |
| Total Stockholders Equity | $1.65B | $1.57B | $1.43B | $546.91M |
| Total Liabilities & Equity | $2.44B | $2.41B | $2.31B | $1.86B |
| 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 | $-46.55M | $187.58M | $721.96M | $1.45B | $288.79M |
| Depreciation & Amortization | $306.11M | $167.33M | $136.87M | $107.62M | $110.05M |
| Stock-based Compensation | $24.30M | $12.32M | $19.02M | $7.48M | $5.32M |
| Deferred Income Tax | $-37.77M | $5.56M | $39.72M | $-14.52M | $-163.00K |
| Change in Receivables | - | $-145.38M | $102.48M | $-82.77M | $336.24M |
| Change in Inventory | - | $-64.20M | $27.90M | $63.17M | $21.33M |
| Change in Payables | - | $-19.34M | $15.67M | $3.72M | $25.15M |
| Operating Cash Flow | $279.81M | $579.92M | $851.16M | $1.48B | $174.94M |
| Capital Expenditure | $252.42M | $198.85M | $245.37M | $164.31M | $83.30M |
| Purchases of Investments | $143.65M | $48.73M | $207.06M | $269.42M | $17.98M |
| Investing Cash Flow | $-360.89M | $-230.99M | $-166.00M | $-329.36M | $-89.86M |
| Debt Repayment | $3.20M | $2.24M | $2.31M | $450.62M | $119.10M |
| Stock Repurchased | - | - | - | $521.80M | $786.00K |
| Dividends Paid | $1.25M | $3.08M | $113.01M | $13.36M | - |
| Financing Cash Flow | $-51.26M | $-128.90M | $-656.43M | $-981.87M | $-147.04M |
| Net Change in Cash | $-132.34M | $220.04M | $28.73M | $172.78M | $-61.96M |
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 | $526.78M | - | $1.61B | - |
| Cost of Revenue | $461.63M | - | $1.45B | - |
| Operating Expenses | $529.30M | - | $1.65B | - |
| Selling General & Admin | $15.70M | - | $46.34M | - |
| Operating Income | $-2.52M | - | $-40.04M | - |
| Interest Expense | $765.00K | - | $2.29M | - |
| Interest Income | $3.95M | - | $12.19M | - |
| Other Income/Expense | $-3.27M | - | $-10.36M | - |
| Income Before Tax | $-8.85M | - | $-60.43M | - |
| Income Tax Expense | $-3.33M | - | $-16.02M | - |
| Net Income | $-5.51M | $58.91M | $-44.42M | - |
| Basic EPS | -0.42 | - | -3.41 | - |
| Diluted EPS | -0.42 | - | -3.41 | - |
| Basic Shares Outstanding | $13.02M | - | $13.04M | - |
| Diluted Shares Outstanding | $13.02M | - | $13.04M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $408.52M | $481.58M |
| Short-term Investments | $49.41M | - |
| Accounts Receivable | $289.18M | $362.14M |
| Inventory | $210.03M | $169.27M |
| Other Current Assets | $32.81M | $23.68M |
| Total Current Assets | $989.94M | $1.04B |
| Intangible Assets | $35.81M | $39.88M |
| Other Non-current Assets | $116.79M | $111.59M |
| Total Assets | $2.35B | $2.44B |
| Accounts Payable | $83.36M | $96.63M |
| Total Current Liabilities | $250.53M | $251.11M |
| Long-term Debt | $2.85M | $2.87M |
| Deferred Tax Liabilities | $25.51M | $40.49M |
| Other Non-current Liabilities | $20.83M | $21.39M |
| Total Liabilities | $753.17M | $789.21M |
| Common Stock | $224.00K | $224.00K |
| Retained Earnings | $2.11B | $2.16B |
| Total Stockholders Equity | $1.59B | $1.65B |
| Total Liabilities & Equity | $2.35B | $2.44B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-5.51M | $58.91M | $-44.42M | - |
| Depreciation & Amortization | - | - | $132.63M | - |
| Stock-based Compensation | - | - | $10.40M | - |
| Deferred Income Tax | - | - | $-16.00M | - |
| Change in Working Capital | - | - | $16.36M | - |
| Operating Cash Flow | - | - | $125.96M | - |
| Capital Expenditure | - | - | $98.20M | - |
| Purchases of Investments | - | - | $87.97M | - |
| Investing Cash Flow | - | - | $-165.69M | - |
| Debt Repayment | - | - | $1.36M | - |
| Dividends Paid | - | - | $415.00K | - |
| Financing Cash Flow | - | - | $-30.11M | - |
| Net Change in Cash | - | - | $-69.85M | - |
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.