$133.34M
Revenue
$-67.63M
Net Income
-
Gross Margin
-18.57%
Op. Margin
$2.03M
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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $38.66M | $35.40M | $31.25M | $28.03M | $32.80M | $29.86M | $26.20M | $6.71M | $6.53M | $6.45M | $12.08M | $7.33M | $-917.00K | $11.82M |
| Revenue Growth % (YoY) | 17.9% | 18.6% | 19.2% | 318.0% | 402.4% | 363.1% | 116.9% | -8.6% | 812.0% | -45.5% | nan% | nan% | nan% | nan% |
| Operating Expenses | $44.87M | $42.49M | $38.03M | $32.71M | $37.34M | $36.73M | $39.53M | $10.17M | $9.33M | $8.41M | $12.20M | $9.24M | $-966.00K | $11.99M |
| Operating Income | $-6.21M | $-7.09M | $-6.79M | $-4.68M | $-4.54M | $-6.87M | $-13.33M | $-3.47M | $-2.80M | $-1.96M | $-116.00K | $-1.91M | $49.00K | $-169.00K |
| Operating Margin % | -16.0% | -20.0% | -21.7% | -16.7% | -13.8% | -23.0% | -50.9% | -51.7% | -42.9% | -30.5% | -1.0% | -26.0% | -5.3% | -1.4% |
| Interest Expense | $1.38M | $4.67M | $3.09M | $1.53M | $1.72M | $2.39M | $739.00K | $136.00K | $120.00K | $87.00K | $116.00K | $103.00K | $-1.21M | $2.40M |
| Other Income/Expense | $-26.08M | $746.00K | $2.12M | $111.00K | $9.00K | $-24.00K | $10.00K | $10.00K | $-8.00K | $-18.00K | $-123.00K | $26.00K | $-2.40M | - |
| Income Before Tax | $-32.28M | $-17.61M | $-8.52M | $-8.33M | $-4.53M | $55.27M | $-48.12M | $-3.59M | $-2.81M | $-2.07M | $-355.00K | $-1.88M | $161.00K | $-2.57M |
| Income Tax Expense | $54.00K | $282.00K | $279.00K | $280.00K | $-288.00K | $342.00K | $182.00K | $84.00K | $74.00K | $84.00K | $75.00K | $75.00K | $109.00K | $78.00K |
| Net Income | $-32.34M | $-17.89M | $-8.80M | $-8.61M | $-4.24M | $54.93M | $-48.31M | $-3.68M | $-2.79M | $-2.32M | $-421.00K | $-2.11M | $40.76M | $-2.65M |
| Net Margin % | -83.6% | -50.5% | -28.2% | -30.7% | -12.9% | 184.0% | -184.4% | -54.8% | -42.7% | -35.9% | -3.5% | -28.7% | -4445.0% | -22.4% |
| Basic EPS | nan | -0.22 | -0.11 | -0.12 | -0.09 | 0.73 | -0.75 | -0.18 | -0.14 | -0.12 | -0.04 | -0.11 | 3.20 | -0.21 |
| Diluted EPS | nan | -0.22 | -0.11 | -0.12 | -0.09 | 0.66 | -0.75 | -0.18 | -0.14 | -0.12 | -0.04 | -0.11 | 3.20 | nan |
| Basic Shares Outstanding | 765K | 81.7M | 79.7M | 74.5M | 4.9M | 74.3M | 65.4M | 25.1M | -156K | 24.7M | 24.9M | 24.7M | 2.6M | 16.9M |
| Diluted Shares Outstanding | 765K | 81.7M | 79.7M | 74.5M | 4.3M | 84.2M | 65.4M | 25.1M | -156K | 24.7M | 24.9M | 24.7M | 2.6M | - |
| 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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $5.11M | $6.25M | $2.94M | $6.27M | $4.44M | $7.67M | $9.92M | $3.96M | $3.82M | $6.41M | $6.89M | $10.61M | $10.93M | $5.88M |
| Accounts Receivable | $33.33M | $34.72M | $32.21M | $29.99M | $30.75M | $32.25M | $27.68M | $6.68M | $6.67M | $7.04M | $8.43M | $7.19M | $8.57M | $8.94M |
| Other Current Assets | $2.56M | $3.24M | $2.11M | $1.71M | $1.31M | $629.00K | $1.28M | $874.00K | $1.19M | $1.14M | $589.00K | $375.00K | $341.00K | $359.00K |
| Total Current Assets | $42.07M | $44.78M | $37.78M | $38.57M | $39.28M | $45.54M | $43.90M | $15.11M | $13.91M | $17.28M | $20.59M | $24.15M | $26.25M | $16.60M |
| Property Plant & Equipment | $17.64M | $18.62M | $19.19M | $19.68M | $20.35M | $19.22M | $18.90M | $1.47M | $1.38M | $1.36M | $1.11M | $727.00K | $581.00K | $24.84M |
| Goodwill | $8.40M | $28.34M | $28.34M | $28.34M | $28.34M | $14.96M | $14.88M | - | - | - | - | - | - | - |
| Intangible Assets | $172.72M | $176.60M | $177.32M | $178.06M | $178.89M | $190.81M | $204.69M | - | - | - | - | - | - | - |
| Other Non-current Assets | $4.39M | - | - | - | $58.65M | $67.82M | $56.28M | $15.71M | $15.61M | $15.78M | $14.59M | $14.97M | $5.17M | $19.88M |
| Total Assets | $291.06M | $319.39M | $315.15M | $317.65M | $325.50M | $338.36M | $338.64M | $96.95M | $95.49M | $99.13M | $100.72M | $104.48M | $96.70M | $139.92M |
| Accounts Payable | $36.91M | - | - | - | $13.83M | - | - | - | - | - | - | - | - | - |
| Accrued Liabilities | $13.22M | - | - | - | $20.68M | - | - | - | - | - | - | - | - | - |
| Deferred Revenue | $9.60M | $10.38M | $10.51M | $12.39M | $10.92M | $10.79M | $10.58M | $828.00K | $557.00K | $646.00K | $1.56M | $1.21M | $825.00K | $2.06M |
| Other Current Liabilities | $2.68M | $699.00K | $694.00K | $773.00K | $788.00K | $1.52M | $1.12M | $225.00K | $65.00K | $422.00K | $288.00K | $162.00K | $35.00K | $1.41M |
| Total Current Liabilities | $91.06M | $88.04M | $70.06M | $60.89M | $57.29M | $59.69M | $55.04M | $16.50M | $11.72M | $6.96M | $6.75M | $10.64M | $11.10M | $15.99M |
| Long-term Debt | $63.28M | $62.48M | $66.70M | $70.92M | $70.17M | $69.43M | $64.02M | - | - | $5.95M | $5.95M | $5.95M | $5.95M | $67.88M |
| Deferred Tax Liabilities | - | $3.64M | $3.40M | $3.17M | $2.94M | $3.35M | $3.02M | $2.85M | $2.77M | $2.71M | $2.63M | $2.56M | $2.48M | $2.30M |
| Other Non-current Liabilities | $4.68M | $482.00K | $473.00K | $463.00K | $455.00K | $662.00K | $638.00K | $513.00K | $502.00K | $474.00K | $339.00K | $135.00K | $51.00K | - |
| Total Liabilities | $244.74M | $232.73M | $217.90M | $211.60M | $242.98M | $251.35M | $306.54M | $34.19M | $29.33M | $30.39M | $29.94M | $33.48M | $23.39M | $108.48M |
| Retained Earnings | $-94.77M | $-62.44M | $-45.95M | $-36.88M | $-28.07M | $-22.52M | $-76.81M | $-27.55M | $-23.15M | $-19.73M | $-16.82M | $-15.80M | $-13.10M | $-52.99M |
| Total Stockholders Equity | $46.31M | $86.66M | $97.25M | $85.45M | $62.12M | $67.91M | $13.65M | $33.29M | $37.41M | $40.61M | $43.26M | $44.08M | $46.98M | $1.98M |
| Total Liabilities & Equity | $291.06M | $319.39M | $315.15M | $317.65M | $325.50M | $338.36M | $338.64M | $96.95M | $95.49M | $99.13M | $100.72M | $104.48M | $96.70M | $139.92M |
| 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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-32.34M | $-17.89M | $-8.80M | $-8.61M | $-4.24M | $54.93M | $-48.31M | $-3.68M | $-2.79M | $-4.84M | $-2.53M | $-2.11M | $40.76M | $-9.85M |
| Depreciation & Amortization | $1.69M | $1.68M | $3.47M | $1.77M | $1.95M | $1.74M | $1.43M | $133.00K | $131.00K | $130.00K | $148.00K | $159.00K | $-2.07M | $2.74M |
| Stock-based Compensation | - | $77.00K | $68.00K | $38.00K | $-299.00K | $627.00K | $473.00K | $364.00K | $284.00K | $1.40M | $979.00K | $634.00K | $187.00K | $2.33M |
| Deferred Income Tax | $-821.00K | $841.00K | $559.00K | $280.00K | $-418.00K | $579.00K | $247.00K | $75.00K | - | $224.00K | $150.00K | $75.00K | $109.00K | $227.00K |
| Change in Receivables | $-921.00K | $6.00M | $2.78M | $-965.00K | $-941.00K | $9.36M | $4.67M | $34.00K | $-61.00K | $-1.55M | $-156.00K | $-1.40M | $1.21M | $-4.84M |
| Operating Cash Flow | $32.00K | $1.94M | $-893.00K | $2.06M | $10.87M | $-30.73M | $-24.71M | $412.00K | $-1.91M | $-3.40M | $-3.28M | $978.00K | $-2.53M | $4.72M |
| Capital Expenditure | $492.00K | $282.00K | $277.00K | $55.00K | $399.00K | $714.00K | $93.00K | $26.00K | $211.00K | $858.00K | $624.00K | $237.00K | $-386.00K | $462.00K |
| Acquisitions | - | - | - | - | $6.17M | $6.85M | $6.85M | - | - | - | - | - | - | - |
| Investing Cash Flow | $-492.00K | $-282.00K | $-277.00K | $-55.00K | $-6.57M | $-7.61M | $-6.99M | $-172.00K | $-585.00K | $-1.08M | $-920.00K | $-549.00K | $78.95M | $-1.76M |
| Debt Repayment | - | - | - | - | - | - | - | - | - | - | - | - | $66.74M | $1.84M |
| Stock Issued | - | $8.00K | $8.00K | $8.00K | $71.00K | - | - | - | - | - | - | - | - | - |
| Stock Repurchased | - | - | - | - | - | $7.00K | $7.00K | $7.00K | $34.00K | $737.00K | $639.00K | $571.00K | $222.00K | - |
| Financing Cash Flow | $-670.00K | $-364.00K | $-320.00K | $-168.00K | $-7.52M | $41.42M | $37.01M | $-80.00K | $-72.00K | $-1.18M | $-1.01M | $-718.00K | $-67.00M | $-3.21M |
| Net Change in Cash | $-1.13M | $1.29M | $-1.49M | $1.83M | $-3.22M | $3.08M | $5.32M | $160.00K | $-2.57M | $-5.66M | $-5.21M | $-289.00K | $9.42M | $-242.00K |
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 | $35.40M | - | $94.67M | - |
| Operating Expenses | $42.49M | - | $113.23M | - |
| Operating Income | $-7.09M | - | $-18.56M | - |
| Interest Expense | $3.93M | - | $4.67M | - |
| Other Income/Expense | $746.00K | - | $2.98M | - |
| Income Before Tax | $-17.61M | - | $-33.05M | - |
| Income Tax Expense | $282.00K | - | $841.00K | - |
| Net Income | $-17.89M | $-48.31M | $-33.89M | - |
| Basic EPS | -0.22 | - | -0.44 | - |
| Diluted EPS | -0.22 | - | -0.44 | - |
| Basic Shares Outstanding | $81.72M | - | $78.63M | - |
| Diluted Shares Outstanding | $81.72M | - | $78.63M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $6.25M | $4.44M |
| Accounts Receivable | $34.72M | $30.75M |
| Other Current Assets | $3.24M | $1.31M |
| Total Current Assets | $44.78M | $39.28M |
| Property Plant & Equipment | $18.62M | $20.35M |
| Goodwill | $28.34M | $28.34M |
| Intangible Assets | $176.60M | $178.89M |
| Total Assets | $319.39M | $325.50M |
| Deferred Revenue | $10.38M | $10.92M |
| Other Current Liabilities | $699.00K | $788.00K |
| Total Current Liabilities | $88.04M | $57.29M |
| Long-term Debt | $62.48M | $70.17M |
| Deferred Tax Liabilities | $3.64M | $2.94M |
| Other Non-current Liabilities | $482.00K | $455.00K |
| Total Liabilities | $232.73M | $242.98M |
| Retained Earnings | $-62.44M | $-28.07M |
| Total Stockholders Equity | $86.66M | $62.12M |
| Total Liabilities & Equity | $319.39M | $325.50M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-17.89M | $-48.31M | $-33.89M | - |
| Depreciation & Amortization | $1.68M | - | $5.15M | - |
| Stock-based Compensation | - | - | $77.00K | - |
| Deferred Income Tax | - | - | $841.00K | - |
| Change in Receivables | - | - | $6.00M | - |
| Operating Cash Flow | - | - | $1.94M | - |
| Capital Expenditure | - | - | $282.00K | - |
| Acquisitions | - | - | - | - |
| Investing Cash Flow | - | - | $-282.00K | - |
| Stock Issued | - | - | $8.00K | - |
| Stock Repurchased | - | - | - | - |
| Financing Cash Flow | - | - | $-364.00K | - |
| Net Change in Cash | - | - | $1.29M | - |
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.