$486.79M
Revenue
$-1.01B
Net Income
60.24%
Gross Margin
-210.74%
Op. Margin
$41.78M
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) |
|---|---|---|---|---|---|---|
| Total Revenue | $140.68M | $122.29M | $119.94M | $103.89M | $100.40M | - |
| Revenue Growth % (YoY) | 40.1% | nan% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $50.85M | $47.35M | $51.16M | $44.16M | $107.26M | - |
| Gross Profit | $89.82M | $74.94M | $68.78M | $59.73M | $177.64M | - |
| Gross Margin % | 63.8% | 61.3% | 57.3% | 57.5% | 176.9% | nan% |
| Operating Expenses | $104.62M | $182.79M | $479.07M | $552.63M | $115.48M | - |
| Research & Development | $2.56M | $2.89M | $2.60M | $2.79M | $2.92M | - |
| Operating Income | $-14.80M | $-107.85M | $-410.29M | $-492.90M | $-119.11M | - |
| Operating Margin % | -10.5% | -88.2% | -342.1% | -474.5% | -118.6% | nan% |
| Interest Income | $22.00K | $26.00K | $62.00K | $826.00K | $800.00K | - |
| Other Income/Expense | $258.00K | $525.00K | $-5.22M | $-3.09M | $4.67M | - |
| Income Before Tax | $-16.74M | $-109.74M | $-418.26M | $-496.99M | $-129.40M | - |
| Income Tax Expense | $-7.26M | $-32.96M | $-19.60M | $26.40M | $-12.54M | - |
| Net Income | $-9.48M | $-76.78M | $-398.66M | $-523.39M | $-116.86M | - |
| Net Margin % | -6.7% | -62.8% | -332.4% | -503.8% | -116.4% | nan% |
| Basic EPS | nan | -1.07 | -5.58 | -7.32 | -2.65 | 0.00 |
| Diluted EPS | nan | -1.07 | -5.58 | -7.32 | -2.65 | 0.00 |
| Basic Shares Outstanding | 156K | 71.8M | 71.5M | 71.5M | 44.1M | 1K |
| Diluted Shares Outstanding | 156K | 71.8M | 71.5M | 71.5M | 44.1M | 1K |
| 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) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $40.63M | $46.30M | $61.73M | $78.66M | $275.98M | - |
| Short-term Investments | - | - | - | - | $77.70M | - |
| Accounts Receivable | $83.82M | $82.33M | $78.04M | $68.10M | $79.04M | - |
| Other Current Assets | $15.59M | $14.69M | $14.61M | $15.52M | $13.55M | - |
| Total Current Assets | $155.38M | $161.85M | $168.35M | $174.50M | $455.62M | - |
| Property Plant & Equipment | $2.30M | $3.29M | $3.69M | $4.13M | $4.62M | - |
| Goodwill | $45.55M | $55.44M | $134.98M | $515.51M | $973.40M | - |
| Intangible Assets | $725.52M | $746.52M | $767.90M | $789.20M | $808.73M | - |
| Other Non-current Assets | $2.01M | $2.14M | $2.79M | $2.92M | $3.12M | - |
| Total Assets | $937.31M | $987.42M | $1.10B | $1.51B | $2.27B | - |
| Deferred Revenue | $50.53M | $66.83M | $61.50M | $54.44M | $44.83M | - |
| Total Current Liabilities | $126.62M | $143.26M | $175.07M | $182.86M | $535.26M | - |
| Deferred Tax Liabilities | $100.66M | $108.46M | $115.08M | $112.91M | $139.36M | - |
| Other Non-current Liabilities | $6.01M | $6.31M | $5.33M | $5.33M | $4.91M | - |
| Total Liabilities | $342.69M | $389.49M | $427.84M | $449.70M | $694.63M | - |
| Common Stock | $72.00K | $72.00K | $71.00K | $71.00K | $71.00K | $1.00K |
| Retained Earnings | $-1.08B | $-1.07B | $-997.99M | $-599.33M | $-75.94M | - |
| Total Stockholders Equity | $594.62M | $597.93M | $668.68M | $1.06B | $1.57B | - |
| Total Liabilities & Equity | $937.31M | $987.42M | $1.10B | $1.51B | $2.27B | - |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $-9.48M | $-76.78M | $-398.66M | $-523.39M | $-116.86M | - |
| Stock-based Compensation | $3.41M | $15.72M | $8.12M | $3.96M | $1.52M | - |
| Change in Receivables | $1.06M | $2.64M | $-1.57M | $-11.46M | $5.91M | - |
| Operating Cash Flow | $11.75M | $4.58M | $13.71M | $12.23M | $-29.21M | - |
| Capital Expenditure | $175.00K | $212.00K | $81.00K | $30.00K | $118.00K | - |
| Acquisitions | - | $1.35M | - | - | $72.31M | - |
| Purchases of Investments | - | $291.00K | $291.00K | $291.00K | $289.00K | - |
| Investing Cash Flow | $-4.46M | $62.59M | $67.94M | $72.09M | $-79.36M | - |
| Debt Repayment | - | $417.03M | $417.03M | $417.03M | - | - |
| Stock Issued | - | $1.00K | - | - | - | - |
| Financing Cash Flow | $-13.35M | $-297.66M | $-297.03M | $-282.03M | $358.62M | - |
| Net Change in Cash | $-5.67M | $-229.68M | $-214.25M | $-197.33M | $265.19M | - |
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 | $122.29M | - | $346.12M | - |
| Cost of Revenue | $47.35M | - | $142.67M | - |
| Gross Profit | $74.94M | - | $203.44M | - |
| Operating Expenses | $182.79M | - | $1.21B | - |
| Research & Development | $2.89M | - | $8.28M | - |
| Operating Income | $-107.85M | - | $-1.01B | - |
| Interest Income | $26.00K | - | $914.00K | - |
| Other Income/Expense | $525.00K | - | $-7.79M | - |
| Income Before Tax | $-109.74M | - | $-1.02B | - |
| Income Tax Expense | $-32.96M | - | $-26.16M | - |
| Net Income | $-76.78M | $-40.20M | $-998.83M | - |
| Basic EPS | -1.07 | - | -13.96 | - |
| Diluted EPS | -1.07 | - | -13.96 | - |
| Basic Shares Outstanding | $71.76M | - | $71.57M | - |
| Diluted Shares Outstanding | $71.76M | - | $71.57M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $46.30M | $275.98M |
| Short-term Investments | - | $77.70M |
| Accounts Receivable | $82.33M | $79.04M |
| Other Current Assets | $14.69M | $13.55M |
| Total Current Assets | $161.85M | $455.62M |
| Property Plant & Equipment | $3.29M | $4.62M |
| Goodwill | $55.44M | $973.40M |
| Intangible Assets | $746.52M | $808.73M |
| Other Non-current Assets | $2.14M | $3.12M |
| Total Assets | $987.42M | $2.27B |
| Deferred Revenue | $66.83M | $44.83M |
| Total Current Liabilities | $143.26M | $535.26M |
| Deferred Tax Liabilities | $108.46M | $139.36M |
| Other Non-current Liabilities | $6.31M | $4.91M |
| Total Liabilities | $389.49M | $694.63M |
| Common Stock | $72.00K | $71.00K |
| Retained Earnings | $-1.07B | $-75.94M |
| Total Stockholders Equity | $597.93M | $1.57B |
| Total Liabilities & Equity | $987.42M | $2.27B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-76.78M | $-40.20M | $-998.83M | - |
| Stock-based Compensation | - | - | $15.72M | - |
| Change in Receivables | - | - | $2.64M | - |
| Operating Cash Flow | - | - | $4.58M | - |
| Capital Expenditure | - | - | $212.00K | - |
| Acquisitions | - | - | $1.35M | - |
| Purchases of Investments | - | - | $291.00K | - |
| Investing Cash Flow | - | - | $62.59M | - |
| Debt Repayment | - | - | $417.03M | - |
| Stock Issued | - | - | $1.00K | - |
| Financing Cash Flow | - | - | $-297.66M | - |
| Net Change in Cash | - | - | $-229.68M | - |
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.