$1.47B
Revenue
$-16.16M
Net Income
28.92%
Gross Margin
0.14%
Op. Margin
$93.58M
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 | $436.86M | $345.76M | $320.11M | $369.75M | $413.62M | $304.20M | $261.30M |
| Revenue Growth % (YoY) | 5.6% | 13.7% | 22.5% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $292.30M | $252.67M | $234.24M | $267.39M | $305.41M | $234.54M | $198.22M |
| Gross Profit | $144.55M | $93.10M | $85.87M | $102.36M | $108.21M | $69.66M | $63.09M |
| Gross Margin % | 33.1% | 26.9% | 26.8% | 27.7% | 26.2% | 22.9% | 24.1% |
| Operating Expenses | $117.67M | $98.72M | $102.79M | $104.62M | $102.29M | $90.61M | $87.80M |
| Research & Development | $17.31M | $16.69M | $17.51M | $17.63M | $16.96M | $16.53M | $17.41M |
| Selling General & Admin | $100.36M | $82.03M | $85.28M | $86.99M | $85.33M | $74.07M | $70.39M |
| Operating Income | $26.89M | $-5.63M | $-16.92M | $-2.26M | $5.92M | $-20.94M | $-24.71M |
| Operating Margin % | 6.2% | -1.6% | -5.3% | -0.6% | 1.4% | -6.9% | -9.5% |
| Interest Expense | $2.15M | $2.05M | $2.48M | $2.68M | $3.07M | $3.01M | $3.44M |
| Interest Income | $253.00K | $197.00K | $580.00K | $630.00K | $327.00K | $297.00K | $1.16M |
| Income Before Tax | $25.09M | $-8.31M | $-20.68M | $-8.26M | $3.22M | $-24.57M | $-27.51M |
| Income Tax Expense | $-956.00K | $2.08M | $-369.00K | $2.06M | $496.00K | $27.02M | $-4.00M |
| Net Income | $25.79M | $-10.63M | $-20.86M | $-10.46M | $2.29M | $-51.71M | $-24.19M |
| Net Margin % | 5.9% | -3.1% | -6.5% | -2.8% | 0.6% | -17.0% | -9.3% |
| Basic EPS | 0.23 | -0.09 | -0.16 | -0.10 | 0.02 | -0.56 | -0.28 |
| Diluted EPS | 0.23 | -0.09 | -0.16 | -0.10 | 0.02 | -0.56 | -0.28 |
| Basic Shares Outstanding | - | 106.3M | 105.9M | 105.2M | 190K | 104.4M | 104.0M |
| Diluted Shares Outstanding | - | 106.3M | 105.9M | 105.2M | 190K | 104.4M | 104.0M |
| 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 | $97.18M | $64.41M | $104.62M | $99.84M | $107.01M | $58.91M | $92.18M |
| Accounts Receivable | $233.90M | $191.88M | $179.23M | $219.22M | $218.65M | $178.10M | $188.56M |
| Inventory | $303.34M | $314.45M | $295.63M | $276.84M | $259.98M | $293.00M | $265.54M |
| Other Current Assets | $29.64M | $35.54M | $35.18M | $35.02M | $35.38M | $39.09M | $31.18M |
| Total Current Assets | $665.46M | $607.68M | $617.24M | $633.36M | $623.39M | $571.55M | $579.62M |
| Property Plant & Equipment | $31.51M | $30.67M | $28.81M | $28.45M | $29.74M | $32.12M | $30.96M |
| Goodwill | $357.76M | $357.79M | $359.72M | $355.00M | $354.22M | $357.52M | $354.39M |
| Intangible Assets | $125.21M | $135.76M | $146.26M | $154.94M | $164.32M | $175.39M | $168.72M |
| Other Non-current Assets | $73.59M | $66.35M | $69.60M | $67.46M | $63.91M | $65.84M | $100.31M |
| Total Assets | $1.25B | $1.20B | $1.22B | $1.24B | $1.24B | $1.20B | $1.23B |
| Accounts Payable | $212.55M | $246.19M | $257.66M | $240.11M | $207.22M | $190.60M | $167.61M |
| Short-term Debt | $6.12M | $6.12M | $6.12M | $12.27M | $12.23M | $12.22M | $12.22M |
| Deferred Revenue | $9.00M | - | - | - | $7.28M | - | - |
| Other Current Liabilities | $25.42M | - | - | - | $26.32M | - | - |
| Total Current Liabilities | $430.94M | $410.02M | $426.18M | $417.18M | $396.31M | $361.12M | $322.73M |
| Long-term Debt | $121.34M | $116.75M | $118.28M | $136.39M | $173.54M | $164.99M | $168.05M |
| Deferred Tax Liabilities | $6.07M | $8.11M | $7.95M | $7.36M | $7.38M | $8.39M | $11.11M |
| Other Non-current Liabilities | $55.80M | $53.04M | $54.30M | $55.23M | $51.38M | $55.29M | $57.92M |
| Total Liabilities | $608.03M | $587.92M | $606.71M | $616.16M | $616.38M | $589.79M | $559.81M |
| Common Stock | $11.00K | $11.00K | $11.00K | $11.00K | $10.00K | $10.00K | $10.00K |
| Retained Earnings | $-71.23M | $-95.37M | $-85.83M | $-68.83M | $-58.77M | $-60.10M | $-1.71M |
| Total Stockholders Equity | $633.56M | $600.23M | $603.90M | $608.76M | $604.30M | $598.48M | $642.73M |
| Total Liabilities & Equity | $1.25B | $1.20B | $1.22B | $1.24B | $1.24B | $1.20B | $1.23B |
| 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 | $25.79M | $-10.63M | $-31.32M | $-10.46M | $2.29M | $-51.71M | $-24.19M |
| Stock-based Compensation | $9.27M | $23.84M | $18.66M | $9.32M | $7.47M | $23.12M | $15.70M |
| Deferred Income Tax | $-3.31M | $-3.21M | $-3.30M | $-1.02M | $-1.35M | $12.77M | $-15.27M |
| Change in Receivables | $41.72M | $-24.00M | $-38.02M | $-201.00K | $41.97M | $-74.26M | $-75.82M |
| Change in Inventory | $-11.58M | $63.28M | $43.74M | $22.24M | $-27.88M | $9.57M | $25.87M |
| Change in Payables | $-32.76M | $38.30M | $49.56M | $34.25M | $21.81M | $-61.32M | $-72.02M |
| Operating Cash Flow | $38.17M | $11.95M | $48.94M | $18.75M | $55.55M | $-19.68M | $-44.78M |
| Capital Expenditure | $5.25M | $10.12M | $5.79M | $3.07M | $1.50M | $8.35M | $5.03M |
| Acquisitions | - | - | - | - | - | $43.13M | $-1.04M |
| Investing Cash Flow | $-5.25M | $-10.12M | $-5.79M | $-3.07M | $-2.16M | $-50.54M | $-16.40M |
| Debt Repayment | - | - | $49.00M | $25.00M | - | $21.25M | $18.12M |
| Financing Cash Flow | $-1.48M | $-47.40M | $-47.03M | $-22.25M | $-4.06M | $-46.62M | $-22.14M |
| Net Change in Cash | $32.78M | $-43.58M | $-2.18M | $-7.10M | $48.02M | $-116.96M | $-83.98M |
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 | $345.76M | $304.20M | $1.04B | $902.76M |
| Cost of Revenue | $252.67M | $234.54M | $754.30M | $683.37M |
| Gross Profit | $93.10M | $69.66M | $281.33M | $219.38M |
| Operating Expenses | $98.72M | $90.61M | $306.14M | $275.26M |
| Research & Development | $16.69M | $16.53M | $51.84M | $50.59M |
| Selling General & Admin | $82.03M | $74.07M | $254.30M | $224.68M |
| Operating Income | $-5.63M | $-20.94M | $-24.81M | $-55.88M |
| Interest Expense | $2.05M | $3.01M | $7.21M | $10.14M |
| Interest Income | $197.00K | $297.00K | $1.41M | $3.02M |
| Income Before Tax | $-8.31M | $-24.57M | $-37.24M | $-64.88M |
| Income Tax Expense | $2.08M | $27.02M | $3.77M | $21.24M |
| Net Income | $-10.63M | $-51.71M | $-41.95M | $-87.47M |
| Basic EPS | -0.09 | -0.56 | -0.35 | -0.97 |
| Diluted EPS | -0.09 | -0.56 | -0.35 | -0.97 |
| Basic Shares Outstanding | $106.29M | $104.40M | $105.80M | $103.97M |
| Diluted Shares Outstanding | $106.29M | $104.40M | $105.80M | $103.97M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $64.41M | $107.01M |
| Accounts Receivable | $191.88M | $218.65M |
| Inventory | $314.45M | $259.98M |
| Other Current Assets | $35.54M | $35.38M |
| Total Current Assets | $607.68M | $623.39M |
| Property Plant & Equipment | $30.67M | $29.74M |
| Goodwill | $357.79M | $354.22M |
| Intangible Assets | $135.76M | $164.32M |
| Other Non-current Assets | $66.35M | $63.91M |
| Total Assets | $1.20B | $1.24B |
| Accounts Payable | $246.19M | $207.22M |
| Short-term Debt | $6.12M | $12.23M |
| Total Current Liabilities | $410.02M | $396.31M |
| Long-term Debt | $116.75M | $161.31M |
| Deferred Tax Liabilities | $8.11M | $7.38M |
| Other Non-current Liabilities | $53.04M | $51.38M |
| Total Liabilities | $587.92M | $616.38M |
| Common Stock | $11.00K | $10.00K |
| Retained Earnings | $-95.37M | $-58.77M |
| Total Stockholders Equity | $600.23M | $604.30M |
| Total Liabilities & Equity | $1.20B | $1.24B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-10.63M | $-51.71M | $-41.95M | $-87.47M |
| Stock-based Compensation | - | - | $23.84M | $23.12M |
| Deferred Income Tax | - | - | $-3.21M | $12.77M |
| Change in Receivables | - | - | $-24.00M | $-74.26M |
| Change in Inventory | - | - | $63.28M | $9.57M |
| Change in Payables | - | - | $38.30M | $-61.32M |
| Operating Cash Flow | - | - | $11.95M | $-19.68M |
| Capital Expenditure | - | - | $10.12M | $8.35M |
| Acquisitions | - | - | - | $43.13M |
| Investing Cash Flow | - | - | $-10.12M | $-50.54M |
| Financing Cash Flow | - | - | $-47.40M | $-46.62M |
| Net Change in Cash | - | - | $-43.58M | $-116.96M |
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.