$652.86M
Revenue
$-206.37M
Net Income
57.46%
Gross Margin
-30.78%
Op. Margin
$230.81M
Free Cash Flow
| 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) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $652.86M | $652.86M | $560.97M | $322.11M | $360.50M | - |
| Revenue Growth % | 0.0% | 16.4% | 74.2% | -10.7% | nan% | - |
| Cost of Revenue | $277.71M | $277.71M | $243.88M | $183.25M | $217.85M | - |
| Gross Profit | $375.15M | $375.15M | $317.09M | $138.85M | $142.65M | - |
| Gross Margin % | 57.5% | 57.5% | 56.5% | 43.1% | 39.6% | - |
| Operating Expenses | $576.08M | $576.08M | $320.85M | $44.41M | $12.59M | - |
| Selling General & Admin | $77.58M | $77.58M | $66.90M | $57.07M | $74.32M | - |
| Operating Income | $-200.93M | $-200.93M | $-3.77M | $94.45M | $130.06M | - |
| Operating Margin % | -30.8% | -30.8% | -0.7% | 29.3% | 36.1% | - |
| Interest Expense | $49.27M | $39.13M | $40.46M | $41.38M | $42.59M | - |
| Other Income/Expense | $780.00K | $780.00K | $-192.00K | $-417.00K | $503.00K | - |
| Income Before Tax | $-236.25M | $-236.25M | $-46.86M | $61.58M | $97.23M | - |
| Income Tax Expense | $-29.88M | $-29.88M | $-40.96M | $-5.90M | $5.47M | - |
| Net Income | $-206.37M | $-206.37M | $-5.91M | $67.49M | $91.76M | - |
| Net Margin % | -31.6% | -31.6% | -1.1% | 21.0% | 25.5% | - |
| Basic EPS | -1.38 | -1.37 | -0.04 | 0.44 | 0.57 | - |
| Diluted EPS | -1.40 | -1.37 | -0.04 | 0.41 | 0.52 | - |
| Basic Shares Outstanding | - | 150.4M | 145.7M | 154.7M | 160.9M | - |
| Diluted Shares Outstanding | - | 150.4M | 145.7M | 166.5M | 175.1M | - |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $325.93M | $198.46M | $47.28M | $126.75M | $225.55M |
| Accounts Receivable | $64.36M | $56.05M | $39.59M | $26.65M | $24.32M |
| Inventory | $139.63M | $116.35M | $145.65M | $142.96M | $110.09M |
| Other Current Assets | $4.45M | $3.39M | $18.49M | $11.95M | $14.16M |
| Total Current Assets | $563.97M | $394.02M | $251.01M | $308.52M | $374.94M |
| Property Plant & Equipment | $85.14M | $64.78M | $59.40M | $58.85M | $62.25M |
| Goodwill | $1.07B | $1.03B | $1.04B | $1.03B | $1.04B |
| Intangible Assets | $899.32M | $898.42M | $945.01M | $1.04B | $1.10B |
| Other Non-current Assets | $3.50M | $1.16M | $1.32M | $1.77M | $2.22M |
| Total Assets | $2.65B | $2.42B | $2.32B | $2.46B | $2.58B |
| Accounts Payable | - | - | - | $36.79M | $27.47M |
| Deferred Revenue | $1.88M | $1.84M | - | - | $445.00K |
| Total Current Liabilities | $175.12M | $62.49M | $55.05M | $74.15M | $100.49M |
| Long-term Debt | $669.12M | $667.77M | $666.49M | $665.28M | $664.13M |
| Deferred Tax Liabilities | $80.41M | $152.20M | $253.45M | $278.27M | $298.63M |
| Other Non-current Liabilities | $3.59M | $2.23M | $2.19M | $9.32M | $22.20M |
| Total Liabilities | $1.52B | $1.26B | $1.16B | $1.32B | $1.50B |
| Common Stock | $17.00K | $17.00K | $165.07M | $163.24M | $157.24M |
| Retained Earnings | $-793.09M | $-586.72M | $-580.82M | $-648.30M | $-736.83M |
| Total Stockholders Equity | $1.13B | $1.16B | $1.15B | $1.14B | $1.08B |
| Total Liabilities & Equity | $2.65B | $2.42B | $2.32B | $2.46B | $2.58B |
| 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) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $-206.37M | $-206.37M | $-5.91M | $67.49M | $91.76M | - |
| Depreciation & Amortization | $90.92M | $74.03M | $65.72M | $64.86M | $65.80M | - |
| Stock-based Compensation | $24.23M | $16.65M | $12.85M | $1.60M | $14.65M | - |
| Deferred Income Tax | $-76.51M | $-74.14M | $-99.56M | $-25.82M | $-17.00M | - |
| Change in Receivables | $58.58M | $6.95M | $13.29M | $14.44M | $6.19M | - |
| Change in Inventory | $25.67M | $5.98M | $-29.87M | $2.04M | $61.93M | - |
| Change in Payables | $14.72M | $6.23M | $-754.00K | $-15.34M | $9.70M | - |
| Operating Cash Flow | $282.79M | $238.15M | $188.39M | $193.00K | $-40.17M | - |
| Capital Expenditure | $51.98M | $29.59M | $15.53M | $9.44M | $8.61M | - |
| Investing Cash Flow | $-164.43M | $-106.82M | $-42.94M | $-14.89M | $-10.25M | - |
| Stock Issued | - | - | - | - | - | - |
| Stock Repurchased | $88.92M | $40.37M | $14.42M | $64.07M | $49.34M | - |
| Financing Cash Flow | $-57.92M | $-8.97M | $8.35M | $-64.45M | $-48.81M | - |
| Net Change in Cash | $71.27M | $127.47M | $151.18M | $-79.47M | $-98.80M | - |
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 | $315.44M | - | $550.11M | - |
| Cost of Revenue | $116.33M | - | $221.35M | - |
| Gross Profit | $199.11M | - | $328.76M | - |
| Operating Expenses | $286.46M | - | $364.52M | - |
| Selling General & Admin | $23.48M | - | $55.74M | - |
| Operating Income | $-87.35M | - | $-35.77M | - |
| Interest Expense | $9.87M | - | $19.87M | - |
| Other Income/Expense | $73.00K | - | $142.00K | - |
| Income Before Tax | $-97.15M | - | $-61.82M | - |
| Income Tax Expense | $-6.49M | - | $4.32M | - |
| Net Income | $-90.66M | $21.65M | $-66.14M | - |
| Basic EPS | -0.62 | - | -0.45 | - |
| Diluted EPS | -0.62 | - | -0.45 | - |
| Basic Shares Outstanding | $146.80M | - | $147.92M | - |
| Diluted Shares Outstanding | $146.80M | - | $147.92M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $340.65M | $198.46M |
| Accounts Receivable | $106.69M | $56.05M |
| Inventory | $130.14M | $116.35M |
| Other Current Assets | $6.68M | $23.17M |
| Total Current Assets | $584.15M | $394.02M |
| Property Plant & Equipment | $81.55M | $64.78M |
| Goodwill | $1.05B | $1.03B |
| Intangible Assets | $888.21M | $898.42M |
| Other Non-current Assets | $529.00K | $1.16M |
| Total Assets | $2.65B | $2.42B |
| Deferred Revenue | $9.65M | $1.84M |
| Total Current Liabilities | $263.65M | $62.49M |
| Long-term Debt | $668.78M | $667.77M |
| Deferred Tax Liabilities | $95.75M | $152.20M |
| Other Non-current Liabilities | $2.71M | $2.23M |
| Total Liabilities | $1.53B | $1.26B |
| Common Stock | $17.00K | $17.00K |
| Retained Earnings | $-652.86M | $-586.72M |
| Total Stockholders Equity | $1.11B | $1.16B |
| Total Liabilities & Equity | $2.65B | $2.42B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-90.66M | $21.65M | $-66.14M | - |
| Depreciation & Amortization | $18.79M | - | $53.61M | - |
| Stock-based Compensation | - | - | $11.43M | - |
| Deferred Income Tax | - | - | $-58.17M | - |
| Change in Receivables | - | - | $48.96M | - |
| Change in Inventory | - | - | $-316.00K | - |
| Change in Payables | - | - | $6.64M | - |
| Operating Cash Flow | - | - | $219.55M | - |
| Capital Expenditure | - | - | $22.60M | - |
| Investing Cash Flow | - | - | $-59.83M | - |
| Stock Repurchased | - | - | $40.37M | - |
| Financing Cash Flow | - | - | $-21.58M | - |
| Net Change in Cash | - | - | $142.19M | - |
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.