$720.07M
Revenue
$1.09B
Net Income
71.66%
Gross Margin
9.09%
Op. Margin
$-6.62M
Free Cash Flow
| Breakdown | 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) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $172.09M | $177.00M | $186.57M | $184.41M | $192.89M | $202.07M | $206.55M | $205.96M | $214.87M | $226.83M | $241.90M | $223.92M | $249.72M |
| Revenue Growth % (YoY) | -10.8% | -12.4% | -9.7% | -10.5% | -10.2% | -10.9% | -14.6% | -8.0% | -14.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $47.98M | $46.49M | $53.70M | $55.90M | $63.39M | $64.78M | $68.75M | $81.10M | $73.12M | $83.65M | $122.38M | $96.94M | $97.37M |
| Gross Profit | $124.11M | $130.51M | $132.88M | $128.51M | $129.50M | $137.29M | $137.80M | $124.86M | $141.75M | $143.18M | $119.51M | $126.99M | $152.35M |
| Gross Margin % | 72.1% | 73.7% | 71.2% | 69.7% | 67.1% | 67.9% | 66.7% | 60.6% | 66.0% | 63.1% | 49.4% | 56.7% | 61.0% |
| Selling General & Admin | $60.12M | $42.85M | $46.75M | $44.08M | $67.09M | $47.66M | $58.98M | $76.31M | $63.03M | $65.74M | $59.86M | $70.52M | $58.44M |
| Operating Income | $8.04M | $41.40M | $-20.20M | $36.22M | $-39.05M | $35.93M | $-269.33M | $-6.01M | $30.61M | $26.32M | $-28.58M | $-50.76M | $-254.53M |
| Operating Margin % | 4.7% | 23.4% | -10.8% | 19.6% | -20.2% | 17.8% | -130.4% | -2.9% | 14.2% | 11.6% | -11.8% | -22.7% | -101.9% |
| Interest Expense | $12.05M | $11.06M | $27.60M | $27.03M | $28.62M | $28.58M | $24.73M | $24.46M | $24.51M | $24.07M | $22.85M | $22.30M | $20.91M |
| Other Income/Expense | $-342.00K | $-4.48M | $-2.21M | $4.19M | $-5.87M | $78.00K | $1.60M | $-108.00K | $-815.00K | $520.00K | $330.00K | $1.61M | $-1.34M |
| Income Before Tax | $-4.36M | $1.17B | $-50.01M | $13.38M | $-73.53M | $7.43M | $-292.45M | $-30.58M | $5.28M | $2.76M | $-51.10M | $-71.45M | $-276.79M |
| Income Tax Expense | $53.16M | $-20.91M | $22.57M | $-11.74M | $-27.34M | $-15.84M | $55.45M | $57.56M | $-38.45M | $-48.07M | $67.58M | $-38.95M | $-70.75M |
| Net Income | $-57.52M | $1.19B | $-72.58M | $25.12M | $-46.19M | $23.27M | $-347.90M | $-88.14M | $43.73M | $50.83M | $-118.68M | $-32.50M | $-206.04M |
| Net Margin % | -33.4% | 672.7% | -38.9% | 13.6% | -23.9% | 11.5% | -168.4% | -42.8% | 20.4% | 22.4% | -49.1% | -14.5% | -82.5% |
| Basic EPS | -5.76 | 14.81 | -0.91 | 0.33 | -0.58 | 0.29 | -4.39 | -1.14 | 0.55 | 0.65 | -1.68 | -0.46 | -2.93 |
| Diluted EPS | -5.76 | 14.67 | -0.91 | 0.33 | -0.58 | 0.29 | -4.39 | -1.14 | 0.54 | 0.65 | -1.68 | -0.46 | -2.93 |
| Basic Shares Outstanding | 10.0M | 80.4M | 80.1M | 104K | 79.7M | 79.5M | 79.2M | 816K | 79.0M | 78.0M | 70.6M | 63K | 70.4M |
| Diluted Shares Outstanding | 10.0M | 81.2M | 80.1M | 104K | 79.7M | 79.8M | 79.2M | 816K | 80.6M | 78.6M | 70.6M | 63K | 70.4M |
| Breakdown | 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) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $170.15M | $152.38M | $236.35M | $53.02M | $57.18M | $42.71M | $66.61M | $109.37M | $107.50M | $91.45M | $140.85M | $178.33M | $188.29M |
| Accounts Receivable | $14.90M | $11.71M | $13.81M | $14.43M | $12.62M | $13.41M | $13.17M | $14.94M | $19.18M | $25.81M | $31.06M | $24.27M | $28.19M |
| Inventory | - | - | - | - | - | - | - | $68.00K | $10.14M | $10.83M | $10.67M | $20.53M | $26.39M |
| Other Current Assets | $16.96M | $19.03M | $25.33M | $18.55M | $16.80M | $17.19M | $19.89M | $19.58M | $28.09M | $22.11M | $37.32M | $38.76M | $32.16M |
| Total Current Assets | $219.32M | $263.22M | $281.25M | $102.65M | $101.23M | $88.09M | $116.97M | $179.47M | $218.79M | $177.92M | $235.23M | $281.33M | $289.76M |
| Property Plant & Equipment | $8.89M | $9.69M | $14.67M | $15.80M | $16.90M | $18.20M | $19.07M | $19.74M | $22.61M | $23.57M | $25.61M | $28.23M | $30.11M |
| Goodwill | $200.07M | $199.05M | $240.28M | $239.58M | $242.75M | $241.87M | $242.26M | $243.44M | $244.93M | $246.21M | $156.21M | $156.00M | $156.16M |
| Other Non-current Assets | $13.31M | $13.36M | $17.25M | $17.75M | $18.35M | $19.24M | $19.24M | $17.68M | $17.09M | $15.72M | $13.92M | $14.88M | $17.66M |
| Total Assets | $968.75M | $1.03B | $696.87M | $550.28M | $562.35M | $614.26M | $654.25M | $982.03M | $1.03B | $1.00B | $973.73M | $1.03B | $1.09B |
| Accounts Payable | $11.34M | $10.20M | $37.35M | $17.80M | $16.74M | $25.12M | $22.51M | $18.51M | $19.73M | $22.00M | $21.70M | $18.89M | $17.38M |
| Deferred Revenue | $27.63M | $29.95M | $31.93M | $31.66M | $31.43M | $33.85M | $36.00M | $33.97M | $32.45M | $35.70M | $35.72M | $32.16M | $39.77M |
| Total Current Liabilities | $132.96M | $140.06M | $1.82B | $173.33M | $189.46M | $200.37M | $249.05M | $205.46M | $193.94M | $201.41M | $266.87M | $196.56M | $199.95M |
| Long-term Debt | $465.49M | $465.52M | - | $1.43B | $1.43B | $1.43B | $1.43B | $1.43B | $1.43B | $1.42B | $1.42B | $1.42B | $1.42B |
| Deferred Tax Liabilities | $44.47M | $32.81K | $13.99M | $14.76M | $23.47M | $21.93M | $22.54M | $41.99M | $15.93M | $18.18M | $19.94M | $23.12M | $58.29M |
| Other Non-current Liabilities | $648.00K | $667.00K | $1.61M | $1.59M | $1.63M | $1.64M | $16.19M | $15.74M | $15.48M | $14.91M | $2.08M | $2.19M | $2.00M |
| Total Liabilities | $645.76M | $652.15M | $1.88B | $1.66B | $1.69B | $1.70B | $1.77B | $1.74B | $1.71B | $1.72B | $1.78B | $1.71B | $1.75B |
| Common Stock | $378.53M | $378.53M | - | - | - | - | - | - | - | - | - | - | - |
| Retained Earnings | $-56.26M | $1.25M | $1.85B | $1.94B | $1.93B | $1.97B | $1.97B | $2.31B | $2.41B | $2.37B | $2.30B | $2.42B | $2.46B |
| Treasury Stock | - | - | $3.02B | $3.02B | $3.04B | $3.04B | $3.06B | $3.06B | $3.07B | $3.08B | $3.09B | $3.10B | $3.11B |
| Total Stockholders Equity | $322.99M | $380.97M | $-1.18B | $-1.11B | $-1.13B | $-1.09B | $-1.11B | $-761.09M | $-675.17M | $-716.26M | $-802.27M | $-683.82M | $-659.50M |
| Total Liabilities & Equity | $968.75M | $1.03B | $696.87M | $550.28M | $562.35M | $614.26M | $654.25M | $982.03M | $1.03B | $1.00B | $973.73M | $1.03B | $1.09B |
| Breakdown | 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) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-57.52M | $1.12B | $-72.58M | $25.12M | $-46.19M | $23.27M | $-347.90M | $-88.14M | $-24.12M | $50.83M | $-118.68M | $-32.50M | $-206.04M |
| Depreciation & Amortization | $27.17M | $14.20M | $6.91M | $8.68M | $29.10M | $19.95M | $10.40M | $12.67M | $39.80M | $24.87M | $11.99M | $10.43M | $33.37M |
| Stock-based Compensation | - | $4.03M | $860.00K | $705.00K | $7.06M | $5.14M | $2.40M | $2.35M | $12.84M | $9.61M | $2.67M | $2.60M | $10.36M |
| Deferred Income Tax | $1.06M | $-4.50M | $-2.53M | $-10.67M | $-15.90M | $-14.95M | $-18.24M | $27.27M | $-7.45M | $-5.82M | $-3.11M | $-43.12M | $-107.88M |
| Change in Receivables | $2.25M | $-4.28M | $-761.00K | $3.08M | $-4.67M | $-3.41M | $-3.79M | $-8.00M | $-9.12M | $-57.00K | $5.96M | $-2.20M | $9.76M |
| Change in Inventory | $-2.00K | $-3.00K | $-8.00K | $6.00K | $-97.00K | $-30.00K | $-79.00K | $-5.01M | $-9.01M | $-6.89M | $-7.99M | $-4.46M | $725.00K |
| Change in Payables | $1.45M | $-8.24M | $19.43M | $1.21M | $-1.72M | $6.60M | $4.13M | $-1.27M | $1.22M | $3.40M | $2.73M | $943.00K | $-3.63M |
| Operating Cash Flow | $8.42M | $-34.42M | $15.00M | $4.61M | $-21.45M | $-37.98M | $-36.03M | $7.84M | $-1.15M | $-27.06M | $-26.72M | $-3.90M | $80.55M |
| Capital Expenditure | $6.00K | $87.00K | $5.00K | $120.00K | $598.00K | $730.00K | $476.00K | $342.00K | $2.14M | $1.75M | $990.00K | $309.00K | $1.76M |
| Acquisitions | $1.02M | - | - | - | - | - | - | - | $38.36M | $38.36M | - | - | $4.35M |
| Investing Cash Flow | $-4.71M | $-6.34M | $-3.17M | $-3.19M | $-13.22M | $-10.11M | $-4.81M | $-7.99M | $-66.71M | $-58.02M | $-10.35M | $-8.93M | $-33.72M |
| Financing Cash Flow | - | $153.90M | $171.25M | $-208.00K | $-17.14M | $-17.13M | $-616.00K | $-821.00K | $-1.93M | $-2.34M | $-724.00K | $-2.58M | $-2.14M |
| Net Change in Cash | $3.95M | $117.10M | $184.60M | $-661.00K | $-52.19M | $-66.66M | $-42.75M | $1.87M | $-70.83M | $-86.88M | $-37.48M | $-9.96M | $34.50M |
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 | $172.09M | $192.89M | - | $601.51M |
| Cost of Revenue | $47.98M | $63.39M | - | $196.92M |
| Gross Profit | $124.11M | $129.50M | - | $404.59M |
| Selling General & Admin | $60.12M | $57.05M | - | $140.46M |
| Operating Income | $8.04M | $-39.05M | - | $-272.44M |
| Interest Expense | $12.05M | $28.62M | - | $81.92M |
| Other Income/Expense | $-342.00K | $-5.87M | - | $-4.19M |
| Income Before Tax | $-4.36M | $-73.53M | - | $-358.55M |
| Income Tax Expense | $53.16M | $-27.34M | - | $12.27M |
| Net Income | $-57.52M | $-46.19M | - | $-370.82M |
| Basic EPS | -5.76 | -0.58 | - | -4.67 |
| Diluted EPS | -5.76 | -0.58 | - | -4.67 |
| Basic Shares Outstanding | $9.99M | $79.73M | - | $79.47M |
| Diluted Shares Outstanding | $9.99M | $79.73M | - | $79.47M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $170.15M | $140.59M |
| Accounts Receivable | $14.90M | $12.12M |
| Other Current Assets | $16.96M | $19.83M |
| Total Current Assets | $219.32M | $252.34M |
| Property Plant & Equipment | $8.89M | $9.74M |
| Goodwill | $200.07M | $199.05M |
| Other Non-current Assets | $13.31M | $13.35M |
| Total Assets | $968.75M | $1.02B |
| Accounts Payable | $11.34M | $9.78M |
| Deferred Revenue | $27.63M | $29.78M |
| Total Current Liabilities | $132.96M | $133.08M |
| Long-term Debt | $465.49M | $465.52M |
| Deferred Tax Liabilities | $44.47M | $43.17M |
| Other Non-current Liabilities | $648.00K | $664.00K |
| Total Liabilities | $645.76M | $645.02M |
| Common Stock | $378.53M | $378.53M |
| Retained Earnings | $-56.26M | - |
| Total Stockholders Equity | $322.99M | $380.97M |
| Total Liabilities & Equity | $968.75M | $1.02B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-57.52M | $-46.19M | - | $-370.82M |
| Depreciation & Amortization | $27.17M | - | - | $29.10M |
| Stock-based Compensation | - | - | - | $7.06M |
| Deferred Income Tax | $1.06M | - | - | $-15.90M |
| Change in Receivables | $2.25M | - | - | $-4.67M |
| Change in Inventory | $-2.00K | - | - | $-97.00K |
| Change in Payables | $1.45M | - | - | $-1.72M |
| Operating Cash Flow | $8.42M | - | - | $-21.45M |
| Capital Expenditure | $6.00K | - | - | $598.00K |
| Acquisitions | $1.02M | - | - | - |
| Investing Cash Flow | $-4.71M | - | - | $-13.22M |
| Financing Cash Flow | - | - | - | $-17.14M |
| Net Change in Cash | $3.95M | - | - | $-52.19M |
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.