$228.87M
Revenue
$7.79M
Net Income
-
Gross Margin
1.38%
Op. Margin
$5.71M
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 | $63.00M | $59.38M | $54.31M | $52.18M | $48.72M | $47.40M | $46.06M | $45.42M | $42.42M | $38.65M | $35.65M | $33.34M | $30.24M | $29.33M |
| Revenue Growth % (YoY) | 29.3% | 25.3% | 17.9% | 14.9% | 14.9% | 22.6% | 29.2% | 36.2% | 40.3% | 31.8% | nan% | nan% | nan% | nan% |
| Cost of Revenue | - | - | - | $28.90M | $27.19M | $25.78M | $25.11M | $23.68M | $21.45M | $19.80M | $17.83M | $16.59M | $14.07M | $14.74M |
| Gross Profit | - | - | - | $23.28M | $21.53M | $21.62M | $20.95M | $21.73M | $20.97M | $18.85M | $17.81M | $16.75M | $16.18M | $14.60M |
| Gross Margin % | nan% | nan% | nan% | 44.6% | 44.2% | 45.6% | 45.5% | 47.8% | 49.4% | 48.8% | 50.0% | 50.2% | 53.5% | 49.8% |
| Operating Expenses | $59.17M | $57.18M | $56.10M | $24.37M | $20.96M | $21.52M | $24.44M | $23.41M | $23.55M | $24.03M | $24.22M | $25.79M | $37.21M | $34.45M |
| Research & Development | $2.36M | $1.78M | $2.56M | $3.32M | $2.26M | $2.35M | $2.16M | $3.74M | $3.87M | $4.18M | $4.17M | $5.35M | $4.87M | $6.18M |
| Operating Income | $3.83M | $2.20M | $-1.79M | $-1.08M | $569.00K | $99.00K | $-3.49M | $1.68M | $-43.84M | $5.18M | $6.41M | $9.04M | $-145.28M | $19.85M |
| Operating Margin % | 6.1% | 3.7% | -3.3% | -2.1% | 1.2% | 0.2% | -7.6% | 3.7% | -103.3% | 13.4% | 18.0% | 27.1% | -480.4% | 67.7% |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | $29.00K | $22.00K | $46.00K |
| Income Before Tax | $5.12M | $3.28M | $-465.00K | $441.00K | $1.19M | $1.80M | $-442.00K | $1.30M | $-36.67M | $4.40M | $4.70M | $8.62M | $-140.66M | $17.97M |
| Income Tax Expense | $350.00K | $25.00K | $76.00K | $123.00K | $-29.00K | $-74.00K | $32.00K | $165.00K | $53.00K | $14.00K | $8.00K | $143.00K | $127.00K | $17.00K |
| Net Income | $4.76M | $3.25M | $-541.00K | $318.00K | $1.21M | $1.87M | $-474.00K | $-1.47M | $-1.31M | $-4.41M | $-4.70M | $-8.76M | $-18.31M | $-17.98M |
| Net Margin % | 7.6% | 5.5% | -1.0% | 0.6% | 2.5% | 4.0% | -1.0% | -3.2% | -3.1% | -11.4% | -13.2% | -26.3% | -60.5% | -61.3% |
| Basic EPS | nan | nan | nan | nan | nan | nan | nan | nan | nan | -0.03 | -0.03 | -0.05 | nan | -0.11 |
| Diluted EPS | nan | nan | nan | nan | nan | nan | nan | nan | nan | -0.03 | -0.03 | -0.05 | nan | -0.11 |
| Basic Shares Outstanding | -367K | 166.2M | 167.5M | 168.7M | 101K | 168.4M | 169.1M | 168.8M | 824K | 166.6M | 164.2M | 161.8M | 828K | 158.3M |
| Diluted Shares Outstanding | -361K | 171.5M | 167.5M | 175.5M | 7.7M | 173.8M | 169.1M | 168.8M | 824K | 166.6M | 164.2M | 161.8M | 828K | 158.3M |
| 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 | $37.35M | $39.51M | $54.34M | $60.08M | $76.69M | $118.99M | $114.91M | $120.28M | $123.91M | $125.33M | $126.10M | $125.08M | $138.54M | $152.64M |
| Accounts Receivable | $16.06M | $14.93M | $15.42M | $13.25M | $9.64M | $9.60M | $11.55M | $11.04M | $10.17M | $7.97M | $8.42M | $12.46M | $9.64M | $8.69M |
| Other Current Assets | $2.42M | $3.80M | $2.48M | $2.52M | $2.73M | $2.92M | $2.30M | $4.42M | $5.72M | $4.41M | $2.92M | $3.81M | $4.37M | $4.61M |
| Total Current Assets | $111.06M | $114.48M | $120.67M | $124.12M | $130.18M | $131.52M | $128.77M | $135.73M | $139.80M | $137.72M | $137.44M | $141.36M | $152.56M | $165.94M |
| Property Plant & Equipment | - | - | - | - | - | - | - | - | $314.00K | $272.00K | $456.00K | $563.00K | $677.00K | $845.00K |
| Goodwill | $3.32M | - | - | - | - | - | - | - | - | - | - | - | - | $6.13M |
| Intangible Assets | $3.87M | - | - | - | $1.34M | - | - | - | $1.79M | $1.97M | $2.16M | $2.34M | $2.53M | $2.71M |
| Other Non-current Assets | $4.69M | $1.85M | $1.98M | $2.11M | $8.49M | $6.71M | $5.02M | $2.55M | $321.00K | $388.00K | $464.00K | $518.00K | $491.00K | - |
| Total Assets | $134.86M | $129.06M | $132.79M | $134.25M | $138.68M | $138.23M | $133.79M | $138.28M | $142.22M | $140.35M | $140.52M | $144.78M | $156.25M | $175.63M |
| Accounts Payable | $8.50M | $9.62M | $8.62M | $10.53M | $7.71M | $8.30M | $7.73M | $5.80M | $6.11M | $6.51M | $5.48M | $7.67M | $6.46M | $10.36M |
| Deferred Revenue | $2.22M | $3.11M | $2.87M | $3.85M | $3.28M | $3.51M | $2.73M | $2.88M | $3.07M | $3.62M | $3.68M | $4.12M | $4.36M | $5.46M |
| Other Current Liabilities | $1.60M | - | - | - | $1.98M | - | - | - | - | - | - | - | - | - |
| Total Current Liabilities | $17.40M | $19.38M | $18.54M | $19.12M | $19.02M | $19.05M | $17.78M | $15.69M | $21.65M | $20.85M | $19.61M | $21.60M | $27.32M | $29.02M |
| Other Non-current Liabilities | $452.00K | $577.00K | $443.00K | $502.00K | $569.00K | $542.00K | $635.00K | $24.00K | $85.00K | $190.00K | $295.00K | $418.00K | $461.00K | $288.00K |
| Total Liabilities | $17.85M | $19.95M | $19.84M | $20.83M | $21.28M | $20.64M | $19.75M | $18.70M | $23.57M | $22.63M | $20.73M | $23.14M | $28.72M | $32.96M |
| Common Stock | $17.00K | $17.00K | $17.00K | $17.00K | $17.00K | $17.00K | $16.00K | $16.00K | $16.00K | $16.00K | $16.00K | $16.00K | $16.00K | $15.00K |
| Retained Earnings | $-261.44M | $-266.21M | $-269.46M | $-268.92M | $-269.24M | $-270.45M | $-272.32M | $-271.85M | $-270.38M | $-269.08M | $-264.66M | $-259.96M | $-251.20M | $-232.90M |
| Total Stockholders Equity | $117.02M | $109.11M | $112.94M | $113.42M | $117.39M | $117.59M | $114.04M | $119.58M | $118.65M | $117.72M | $119.80M | $121.64M | $127.54M | $142.67M |
| Total Liabilities & Equity | $134.86M | $129.06M | $132.79M | $134.25M | $138.68M | $138.23M | $133.79M | $138.28M | $142.22M | $140.35M | $140.52M | $144.78M | $156.25M | $175.63M |
| 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 | $4.76M | $3.25M | $-541.00K | $318.00K | $1.21M | $-66.00K | $-474.00K | $-1.47M | $-1.31M | $-17.88M | $-13.46M | $-8.76M | $-18.31M | $-61.37M |
| Depreciation & Amortization | $821.00K | $2.05M | $1.37M | $666.00K | $207.00K | $652.00K | $421.00K | $201.00K | $283.00K | $913.00K | $608.00K | $306.00K | $351.00K | $1.01M |
| Stock-based Compensation | $1.92M | $6.53M | $4.69M | $2.33M | $1.88M | $7.29M | $5.36M | $2.25M | $1.99M | $6.40M | $4.43M | $2.30M | $2.73M | $9.39M |
| Change in Receivables | $1.13M | $5.28M | $5.78M | $3.61M | $41.00K | $-572.00K | $1.38M | $861.00K | $2.20M | $-1.67M | $-1.22M | $2.82M | $946.00K | $3.18M |
| Change in Payables | $-1.12M | $1.91M | $908.00K | $2.82M | $-589.00K | $2.19M | $1.62M | $-306.00K | $-401.00K | $51.00K | $-977.00K | $1.21M | $-3.90M | $2.93M |
| Operating Cash Flow | $5.38M | $3.16M | $-1.59M | $-1.24M | $4.08M | $7.62M | $1.42M | $-3.39M | $-1.53M | $-14.86M | $-13.75M | $-14.04M | $-14.22M | $-46.86M |
| Capital Expenditure | - | - | - | - | - | - | $40.00K | $385.00K | $131.00K | $20.00K | $10.00K | $9.00K | $96.00K | $254.00K |
| Purchases of Investments | $16.69M | $32.66M | $20.56M | $10.43M | $41.12M | - | - | - | - | - | - | - | - | - |
| Investing Cash Flow | $-11.18M | $-17.70M | $-11.39M | $-9.02M | $-42.90M | $-3.84M | $-2.15M | $-385.00K | $-131.00K | $-10.00K | $18.00K | $19.00K | $-63.00K | $-254.00K |
| Debt Repayment | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Stock Repurchased | - | $17.20M | $8.40M | $6.46M | $3.00M | $8.00M | $8.00M | - | - | - | - | - | - | - |
| Financing Cash Flow | $-502.00K | $-18.50M | $-9.37M | $-6.36M | $-3.49M | $-8.70M | $-8.26M | $146.00K | $237.00K | $1.66M | $1.29M | $556.00K | $190.00K | $1.49M |
| Net Change in Cash | $-6.30M | $-33.04M | $-22.35M | $-16.61M | $-42.30M | $-4.91M | $-8.99M | $-3.63M | $-1.42M | $-13.21M | $-12.44M | $-13.46M | $-14.09M | $-45.62M |
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 | $59.38M | - | $165.87M | - |
| Operating Expenses | $57.18M | - | $166.55M | - |
| Research & Development | $1.78M | - | $7.19M | - |
| Operating Income | $2.20M | - | $-677.00K | - |
| Income Before Tax | $3.28M | - | $3.25M | - |
| Income Tax Expense | $25.00K | - | $224.00K | - |
| Net Income | $3.25M | $-474.00K | $3.03M | - |
| Basic Shares Outstanding | $166.19M | - | $167.46M | - |
| Diluted Shares Outstanding | $171.46M | - | $174.01M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $39.51M | $76.69M |
| Accounts Receivable | $14.93M | $9.64M |
| Other Current Assets | $3.80M | $2.73M |
| Total Current Assets | $114.48M | $130.18M |
| Other Non-current Assets | $1.85M | $2.24M |
| Total Assets | $129.06M | $138.68M |
| Accounts Payable | $9.62M | $7.71M |
| Deferred Revenue | $3.11M | $3.28M |
| Total Current Liabilities | $19.38M | $19.02M |
| Other Non-current Liabilities | $577.00K | $2.26M |
| Total Liabilities | $19.95M | $21.28M |
| Common Stock | $17.00K | $17.00K |
| Retained Earnings | $-266.21M | $-269.24M |
| Total Stockholders Equity | $109.11M | $117.39M |
| Total Liabilities & Equity | $129.06M | $138.68M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $3.25M | $-474.00K | $3.03M | - |
| Depreciation & Amortization | $686.00K | - | $2.05M | - |
| Stock-based Compensation | - | - | $6.53M | - |
| Change in Receivables | - | - | $5.28M | - |
| Change in Payables | - | - | $1.91M | - |
| Operating Cash Flow | - | - | $3.16M | - |
| Purchases of Investments | - | - | $32.66M | - |
| Investing Cash Flow | - | - | $-17.70M | - |
| Stock Repurchased | - | - | $17.20M | - |
| Financing Cash Flow | - | - | $-18.50M | - |
| Net Change in Cash | - | - | $-33.04M | - |
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.