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Revenue
$29.81M
Net Income
-
Gross Margin
-
Op. Margin
$-110.01M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 4 of 4 annual reports available (2022 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
Operating Expenses $3.56M $3.56M $2.78M $2.15M $1.50M
Interest Expense $219.00K $109.00K $96.00K $214.00K $215.00K
Interest Income $33.92M $33.92M $28.19M $17.40M $4.34M
Income Tax Expense - $31.71M $25.89M $15.59M -
Net Income $29.81M $29.81M $27.03M $16.65M $4.81M
Basic Shares Outstanding - 62K 44K 28K 11K
Diluted Shares Outstanding - 62K 44K 28K 11K
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
Cash & Cash Equivalents $2.88M $2.90M $5.89M $715.00K
Short-term Investments - $13.44M $4.71M -
Long-term Investments $317.36M $261.83M $177.53M $107.31M
Total Assets $359.67M $280.43M $189.82M $109.12M
Total Liabilities $9.57M $7.96M $5.27M $3.21M
Retained Earnings $2.35M $4.23M $3.44M $2.10M
Total Stockholders Equity $350.10M $272.47M $184.55M $105.91M
Total Liabilities & Equity $359.67M $280.43M $189.82M $109.12M
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
Net Income $29.81M $29.81M $27.03M $16.65M $4.81M
Operating Cash Flow $-110.01M $-49.17M $-66.34M $-58.90M $-60.17M
Stock Issued $150.00M $75.00M $75.00M $65.00M $60.00M
Dividends Paid $44.45M $25.81M $11.56M $120.00K $10.00K
Financing Cash Flow $107.97M $49.15M $63.36M $64.07M $60.62M
Net Change in Cash - - - - $449.00K
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
Operating Expenses $888.00K $701.00K $2.65M $2.02M
Interest Expense $29.00K $35.00K $109.00K $66.00K
Interest Income $9.16M $7.58M $25.62M $20.46M
Net Income $7.51M $7.30M $22.31M $19.87M
Basic Shares Outstanding $64.44K $46.71K $59.74K $42.31K
Diluted Shares Outstanding $64.44K $46.71K $59.74K $42.31K
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $2.18M $2.90M
Long-term Investments $330.60M $261.83M
Total Assets $359.24M $280.43M
Total Liabilities $9.31M $7.96M
Common Stock - -
Retained Earnings $3.42M $4.23M
Total Stockholders Equity $349.93M $272.47M
Total Liabilities & Equity $359.24M $280.43M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $7.51M $7.30M $22.31M $19.87M
Operating Cash Flow - - $-56.97M $-48.78M
Stock Issued - - $75.00M $50.00M
Dividends Paid - - $18.71M $4.99M
Financing Cash Flow - - $56.24M $44.94M

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.

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