$290.09M
Revenue
$-6.43M
Net Income
77.20%
Gross Margin
8.29%
Op. Margin
$56.47M
Free Cash Flow
| Breakdown | FY 2025 (Dec 31, 2025) |
|---|---|
| Total Revenue | $290.09M |
| Revenue Growth % | nan% |
| Cost of Revenue | $66.15M |
| Gross Profit | $223.94M |
| Gross Margin % | 77.2% |
| Operating Expenses | $199.90M |
| Research & Development | $49.24M |
| Operating Income | $24.04M |
| Operating Margin % | 8.3% |
| Interest Expense | $3.14M |
| Other Income/Expense | $-43.53M |
| Income Before Tax | $-16.00M |
| Income Tax Expense | $-9.57M |
| Net Income | $-6.43M |
| Net Margin % | -2.2% |
| Basic EPS | -0.13 |
| Diluted EPS | -0.13 |
| Basic Shares Outstanding | 50.9M |
| Diluted Shares Outstanding | 50.9M |
| Breakdown | FY 2025 (Dec 31, 2025) |
|---|---|
| Cash & Cash Equivalents | $210.16M |
| Accounts Receivable | $61.84M |
| Other Current Assets | $233.00K |
| Total Current Assets | $286.47M |
| Goodwill | $51.90M |
| Total Assets | $378.30M |
| Deferred Revenue | $5.49M |
| Other Current Liabilities | $5.63M |
| Total Current Liabilities | $68.52M |
| Other Non-current Liabilities | $4.04M |
| Total Liabilities | $72.57M |
| Retained Earnings | $-261.11M |
| Treasury Stock | $10.03M |
| Total Stockholders Equity | $305.74M |
| Total Liabilities & Equity | $378.30M |
| Breakdown | FY 2025 (Dec 31, 2025) |
|---|---|
| Net Income | $-6.43M |
| Depreciation & Amortization | $9.87M |
| Stock-based Compensation | $31.69M |
| Deferred Income Tax | $-9.52M |
| Change in Receivables | $-2.02M |
| Operating Cash Flow | $56.47M |
| Investing Cash Flow | $-17.11M |
| Stock Repurchased | $10.03M |
| Financing Cash Flow | $88.24M |
| Net Change in Cash | $127.60M |
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 | $70.02M | - | $203.00M | - |
| Cost of Revenue | $14.79M | - | $50.52M | - |
| Gross Profit | $55.23M | - | $152.47M | - |
| Operating Expenses | $47.70M | - | $148.95M | - |
| Research & Development | $13.71M | - | $34.05M | - |
| Operating Income | $7.53M | - | $3.52M | - |
| Interest Expense | - | - | $3.14M | - |
| Other Income/Expense | $-1.14M | - | $-46.35M | - |
| Income Before Tax | $8.38M | - | $-41.28M | - |
| Income Tax Expense | $1.95M | - | $-377.00K | - |
| Net Income | $6.44M | $-9.27M | $-40.90M | - |
| Basic EPS | 0.09 | - | -0.95 | - |
| Diluted EPS | 0.08 | - | -0.95 | - |
| Basic Shares Outstanding | $73.69M | - | $43.17M | - |
| Diluted Shares Outstanding | $80.74M | - | $43.17M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $179.17M | $82.56M |
| Accounts Receivable | $57.75M | $66.90M |
| Other Current Assets | $17.24M | $8.93M |
| Total Current Assets | $254.16M | $158.39M |
| Property Plant & Equipment | - | $100.00K |
| Goodwill | $51.90M | $51.90M |
| Other Non-current Assets | - | $550.00K |
| Total Assets | $335.88M | $238.74M |
| Other Current Liabilities | $5.42M | $13.26M |
| Total Current Liabilities | $62.87M | $155.25M |
| Other Non-current Liabilities | $6.27M | $3.35M |
| Total Liabilities | $69.14M | $177.46M |
| Retained Earnings | $-295.58M | $-254.68M |
| Treasury Stock | $10.03M | - |
| Total Stockholders Equity | $266.73M | $-107.60M |
| Total Liabilities & Equity | $335.88M | $238.74M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $6.44M | $-9.27M | $-40.90M | - |
| Depreciation & Amortization | - | - | $7.28M | - |
| Stock-based Compensation | - | - | $27.24M | - |
| Change in Receivables | - | - | $-6.76M | - |
| Operating Cash Flow | - | - | $26.92M | - |
| Investing Cash Flow | - | - | $-18.81M | - |
| Stock Repurchased | - | - | $10.03M | - |
| Financing Cash Flow | - | - | $88.50M | - |
| Net Change in Cash | - | - | $96.61M | - |
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.