$720.07M
Revenue
$1.09B
Net Income
71.66%
Gross Margin
9.09%
Op. Margin
$-6.62M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2019 (Dec 31, 2019) |
|---|---|---|---|---|---|---|
| Total Revenue | $720.07M | $785.92M | $889.55M | $1.04B | $1.21B | $1.41B |
| Revenue Growth % | -8.4% | -11.6% | -14.5% | -14.2% | -14.2% | nan% |
| Cost of Revenue | $204.06M | $252.82M | $360.25M | $418.46M | $486.11M | $626.65M |
| Gross Profit | $516.01M | $533.10M | $529.30M | $622.40M | $726.36M | $786.68M |
| Gross Margin % | 71.7% | 67.8% | 59.5% | 59.8% | 59.9% | 55.7% |
| Selling General & Admin | $193.81M | $217.82M | $264.95M | $263.84M | $268.61M | $254.70M |
| Operating Income | $65.46M | $-236.22M | $22.33M | $-282.95M | $196.28M | $287.99M |
| Operating Margin % | 9.1% | -30.1% | 2.5% | -27.2% | 16.2% | 20.4% |
| Interest Expense | $77.75M | $108.95M | $95.89M | $81.14M | $87.91M | $135.27M |
| Other Income/Expense | $-2.84M | $1.00K | $-72.00K | $-1.69M | $-1.36M | $-1.76M |
| Income Before Tax | $1.13B | $-345.18M | $-73.63M | $-365.78M | $76.67M | $150.96M |
| Income Tax Expense | $43.08M | $526.00K | $38.62M | $-114.38M | $9.77M | $31.51M |
| Net Income | $1.09B | $-345.70M | $-112.25M | $-251.40M | $66.89M | $119.62M |
| Net Margin % | 150.8% | -44.0% | -12.6% | -24.2% | 5.5% | 8.5% |
| Basic EPS | 8.47 | -4.34 | -1.46 | -3.58 | 0.96 | 1.78 |
| Diluted EPS | 8.33 | -4.34 | -1.46 | -3.58 | 0.95 | 1.72 |
| Basic Shares Outstanding | 10.0M | 79.6M | 76.7M | 70.3M | 69.6M | 67.2M |
| Diluted Shares Outstanding | 10.0M | 79.6M | 76.7M | 70.3M | 70.7M | 69.5M |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2019 (Dec 31, 2019) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $53.02M | $109.37M | $178.33M | $153.79M | $182.74M |
| Accounts Receivable | $14.43M | $14.94M | $24.27M | $29.32M | $30.52M |
| Inventory | - | $68.00K | $20.53M | $30.57M | $27.20M |
| Other Current Assets | $18.55M | $19.58M | $38.76M | $27.01M | $30.58M |
| Total Current Assets | $102.65M | $179.47M | $281.33M | $271.17M | $295.39M |
| Property Plant & Equipment | $15.80M | $19.74M | $28.23M | $37.22M | $54.07M |
| Goodwill | $239.58M | $243.44M | $156.00M | $157.37M | $157.92M |
| Other Non-current Assets | $17.75M | $17.68M | $14.88M | $15.69M | $12.16M |
| Total Assets | $550.28M | $982.03M | $1.03B | $1.43B | $1.50B |
| Accounts Payable | $17.80M | $18.51M | $18.89M | $22.44M | $29.06M |
| Deferred Revenue | $31.66M | $33.97M | $32.16M | $45.85M | $60.61M |
| Total Current Liabilities | $173.33M | $205.46M | $196.56M | $229.13M | $394.07M |
| Long-term Debt | $1.43B | $1.43B | $1.42B | $1.42B | $1.48B |
| Deferred Tax Liabilities | $14.76M | $41.99M | $23.12M | $157.72M | - |
| Other Non-current Liabilities | $1.59M | $15.74M | $2.19M | $2.23M | $2.45M |
| Total Liabilities | $1.66B | $1.74B | $1.71B | $1.89B | $2.18B |
| Common Stock | - | - | - | - | - |
| Retained Earnings | $1.94B | $2.31B | $2.42B | $2.68B | $2.50B |
| Treasury Stock | $3.02B | $3.06B | $3.10B | $3.12B | $3.16B |
| Total Stockholders Equity | $-1.11B | $-761.09M | $-683.82M | $-456.40M | $-685.54M |
| Total Liabilities & Equity | $550.28M | $982.03M | $1.03B | $1.43B | $1.50B |
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2019 (Dec 31, 2019) |
|---|---|---|---|---|---|---|
| Net Income | $1.01B | $-345.70M | $-112.25M | $-251.40M | $66.89M | $119.62M |
| Depreciation & Amortization | $56.97M | $37.78M | $52.47M | $43.80M | $48.55M | $45.02M |
| Stock-based Compensation | - | $7.76M | $15.19M | $12.96M | $21.35M | $20.47M |
| Deferred Income Tax | $-16.64M | $-26.58M | $19.82M | $-150.99M | $-15.56M | $-9.42M |
| Change in Receivables | $280.00K | $-1.60M | $-17.11M | $7.56M | $-4.71M | $-1.33M |
| Change in Inventory | $-7.00K | $-91.00K | $-14.02M | $-3.73M | $-1.82M | $9.13M |
| Change in Payables | $13.86M | $-508.00K | $-54.00K | $-2.69M | $373.00K | $1.35M |
| Operating Cash Flow | $-6.40M | $-16.84M | $6.69M | $76.65M | $157.28M | $182.38M |
| Capital Expenditure | $218.00K | $718.00K | $2.48M | $2.06M | $2.45M | $17.16M |
| Acquisitions | - | - | $38.36M | $4.35M | $12.84M | $4.06M |
| Investing Cash Flow | $-17.41M | $-16.41M | $-74.70M | $-42.64M | $-52.75M | $-52.62M |
| Debt Repayment | - | - | - | - | $1.56B | $177.00M |
| Financing Cash Flow | - | $-17.34M | $-2.75M | $-4.72M | $-111.54M | $-182.99M |
| Net Change in Cash | $304.99M | $-52.85M | $-68.96M | $24.53M | $-12.09M | $-54.24M |
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-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.