$290.09M
Revenue
$-6.43M
Net Income
77.20%
Gross Margin
8.29%
Op. Margin
$56.47M
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
|---|---|---|---|
| Total Revenue | $87.10M | $70.02M | $68.46M |
| Revenue Growth % (YoY) | nan% | nan% | nan% |
| Cost of Revenue | $15.63M | $14.79M | $15.90M |
| Gross Profit | $71.47M | $55.23M | $52.56M |
| Gross Margin % | 82.1% | 78.9% | 76.8% |
| Operating Expenses | $50.95M | $47.70M | $48.84M |
| Research & Development | $15.19M | $13.71M | $10.73M |
| Operating Income | $20.52M | $7.53M | $3.72M |
| Operating Margin % | 23.6% | 10.8% | 5.4% |
| Interest Expense | - | $3.14M | $3.14M |
| Other Income/Expense | $2.82M | $-1.14M | $-28.67M |
| Income Before Tax | $25.28M | $8.38M | $-24.24M |
| Income Tax Expense | $-9.20M | $1.95M | $1.99M |
| Net Income | $34.48M | $6.44M | $-26.23M |
| Net Margin % | 39.6% | 9.2% | -38.3% |
| Basic EPS | 0.82 | 0.09 | -0.65 |
| Diluted EPS | 0.82 | 0.08 | -0.65 |
| Basic Shares Outstanding | - | 73.7M | 40.1M |
| Diluted Shares Outstanding | - | 80.7M | 40.1M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
|---|---|---|---|
| Cash & Cash Equivalents | $210.16M | $179.17M | $175.16M |
| Accounts Receivable | $61.84M | $57.75M | $61.74M |
| Other Current Assets | $233.00K | $17.24M | $18.93M |
| Total Current Assets | $286.47M | $254.16M | $255.82M |
| Property Plant & Equipment | - | - | - |
| Goodwill | $51.90M | $51.90M | $51.90M |
| Other Non-current Assets | - | - | - |
| Total Assets | $378.30M | $335.88M | $337.00M |
| Deferred Revenue | $5.49M | - | - |
| Other Current Liabilities | $5.63M | $5.42M | $5.35M |
| Total Current Liabilities | $68.52M | $62.87M | $78.08M |
| Other Non-current Liabilities | $4.04M | $6.27M | $8.32M |
| Total Liabilities | $72.57M | $69.14M | $98.08M |
| Retained Earnings | $-261.11M | $-295.58M | $-302.02M |
| Treasury Stock | $10.03M | $10.03M | $10.03M |
| Total Stockholders Equity | $305.74M | $266.73M | $238.92M |
| Total Liabilities & Equity | $378.30M | $335.88M | $337.00M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
|---|---|---|---|
| Net Income | $34.48M | $6.44M | $-26.23M |
| Depreciation & Amortization | $2.59M | $7.28M | $4.80M |
| Stock-based Compensation | $4.45M | $27.24M | $21.68M |
| Change in Receivables | $4.74M | $-6.76M | $-3.32M |
| Operating Cash Flow | $29.55M | $26.92M | $17.59M |
| Investing Cash Flow | $1.70M | $-18.81M | $-15.80M |
| Stock Repurchased | - | $10.03M | $10.03M |
| Financing Cash Flow | $-262.00K | $88.50M | $90.81M |
| Net Change in Cash | $30.99M | $96.61M | $92.60M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.