$448.70M
Revenue
$77.80M
Net Income
26.19%
Gross Margin
11.19%
Op. Margin
$149.30M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $448.70M | $448.70M | $442.00M | $320.20M | $293.80M | $298.30M | $247.20M | $209.70M | $193.00M | $218.40M | $311.30M |
| Revenue Growth % | 0.0% | 1.5% | 38.0% | 9.0% | -1.5% | 20.7% | 17.9% | 8.7% | -11.6% | -29.8% | nan% |
| Cost of Revenue | $331.20M | $331.20M | $330.50M | $208.10M | $175.90M | $183.80M | $149.60M | $177.20M | $210.90M | $161.60M | $266.20M |
| Gross Profit | $117.50M | $117.50M | $111.50M | $112.10M | $117.90M | $114.50M | $97.60M | $32.50M | $-17.90M | $56.80M | $45.10M |
| Gross Margin % | 26.2% | 26.2% | 25.2% | 35.0% | 40.1% | 38.4% | 39.5% | 15.5% | -9.3% | 26.0% | 14.5% |
| Research & Development | $16.90M | $16.90M | $17.20M | $14.20M | $14.80M | $2.10M | $2.80M | $14.60M | $26.10M | $15.70M | $47.90M |
| Selling General & Admin | $36.70M | $36.20M | $36.20M | $35.60M | $33.90M | $36.00M | $36.00M | $33.70M | $39.90M | $43.10M | $46.20M |
| Operating Income | $50.20M | $50.20M | $48.00M | $52.40M | $59.70M | $68.30M | $51.00M | $-19.70M | $-92.40M | $-17.50M | $-61.70M |
| Operating Margin % | 11.2% | 11.2% | 10.9% | 16.4% | 20.3% | 22.9% | 20.6% | -9.4% | -47.9% | -8.0% | -19.8% |
| Interest Expense | $12.50M | $12.50M | $2.70M | $1.30M | $500.00K | $100.00K | $100.00K | $3.00M | $4.10M | $5.30M | $19.70M |
| Interest Income | $44.70M | $44.70M | $12.90M | $8.70M | $2.00M | $100.00K | $500.00K | $2.20M | $2.50M | $1.30M | $800.00K |
| Income Before Tax | $85.90M | $85.90M | $73.00M | $84.50M | $67.80M | $135.90M | $53.00M | $-16.20M | $-104.10M | $12.10M | $-67.60M |
| Income Tax Expense | $8.10M | $8.10M | $-200.00K | $100.00K | $15.60M | $-39.10M | $-1.40M | $300.00K | - | $-100.00K | $-600.00K |
| Net Income | $77.80M | $77.80M | $73.20M | $84.40M | $52.20M | $175.00M | $54.40M | $-16.50M | $-104.10M | $12.20M | $-67.00M |
| Net Margin % | 17.3% | 17.3% | 16.6% | 26.4% | 17.8% | 58.7% | 22.0% | -7.9% | -53.9% | 5.6% | -21.5% |
| Basic EPS | 4.37 | 4.33 | 4.49 | 5.55 | 3.47 | 10.03 | 0.59 | -2.54 | -12.23 | nan | nan |
| Diluted EPS | 4.12 | 3.90 | 4.47 | 5.44 | 3.38 | 9.75 | 0.57 | -2.54 | nan | nan | nan |
| Basic Shares Outstanding | - | 18.0M | 16.3M | 15.2M | 14.6M | 13.5M | 9.8M | 9.6M | 9.2M | - | - |
| Diluted Shares Outstanding | - | 19.9M | 16.4M | 15.5M | 15.0M | 13.9M | 10.1M | 9.6M | 9.2M | 9.1M | - |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.96B | $671.40M | $201.20M | $179.90M | $193.80M | $152.00M | $130.70M | $123.10M | $208.80M | $260.70M |
| Accounts Receivable | $30.70M | $80.00M | $49.40M | $38.10M | $29.10M | $29.60M | $21.10M | $60.20M | $60.20M | $19.90M |
| Inventory | $322.90M | $161.60M | $306.40M | $209.20M | $91.10M | $64.80M | $64.50M | $129.70M | $153.10M | $177.40M |
| Other Current Assets | $11.90M | $38.30M | $10.80M | $24.20M | $8.60M | $7.80M | $9.00M | $6.30M | $22.50M | $13.30M |
| Total Current Assets | $2.36B | $1.02B | $685.40M | $587.10M | $465.90M | $406.10M | $369.60M | $484.50M | $566.90M | $560.60M |
| Property Plant & Equipment | $29.50M | $9.40M | $7.00M | $5.50M | $5.30M | $4.90M | $3.70M | $4.20M | $4.90M | $6.00M |
| Intangible Assets | $21.20M | $29.60M | $39.40M | $45.70M | $54.70M | $62.80M | $69.50M | $76.00M | $82.70M | $93.30M |
| Other Non-current Assets | $7.00M | $7.30M | $3.50M | $8.10M | $2.30M | $6.80M | $7.40M | $700.00K | $1.10M | $24.10M |
| Total Assets | $2.45B | $1.09B | $796.20M | $705.50M | $572.40M | $486.30M | $455.90M | $571.70M | $675.30M | $713.50M |
| Accounts Payable | - | - | - | - | - | - | $8.10M | $46.00M | $79.40M | $59.60M |
| Short-term Debt | - | $6.10M | $6.10M | $6.10M | $6.10M | $6.10M | $6.10M | $32.80M | $6.10M | - |
| Deferred Revenue | $131.10M | $216.40M | $282.60M | $273.20M | $303.10M | $283.20M | $266.30M | - | - | - |
| Total Current Liabilities | $422.80M | $346.80M | $471.10M | $449.20M | $393.30M | $366.10M | $336.80M | $438.70M | $403.40M | $325.70M |
| Long-term Debt | $1.17B | $472.50M | $89.60M | $95.70M | $101.80M | $108.00M | $114.10M | $120.20M | $157.50M | $234.10M |
| Other Non-current Liabilities | $8.00M | $7.90M | $8.80M | $11.70M | $36.10M | $32.40M | $32.10M | $14.60M | $17.50M | $38.60M |
| Total Liabilities | $1.68B | $932.00M | $763.90M | $779.60M | $714.30M | $806.90M | $792.80M | - | - | - |
| Retained Earnings | $1.50M | $-76.30M | $-149.50M | $-233.90M | $-284.60M | $-407.70M | $-405.00M | $-388.50M | $-284.50M | $-296.70M |
| Total Stockholders Equity | $765.10M | $161.40M | $32.30M | $-74.10M | $-141.90M | $-320.60M | $-336.90M | $-321.90M | $-218.90M | $-236.10M |
| Total Liabilities & Equity | $2.45B | $1.09B | $796.20M | $705.50M | $572.40M | $486.30M | $455.90M | $571.70M | $675.30M | $713.50M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $105.00M | $77.80M | $73.20M | $84.40M | $52.20M | $175.00M | $54.40M | $-16.50M | $-104.10M | $12.20M | $-67.00M |
| Depreciation & Amortization | $16.80M | $9.90M | $10.80M | $7.10M | $9.60M | $8.60M | $7.30M | $7.00M | $7.40M | $12.00M | $13.10M |
| Deferred Income Tax | - | $7.40M | $-700.00K | $-1.50M | - | - | - | - | - | - | - |
| Change in Receivables | $-139.10M | $-49.20M | $30.50M | $11.30M | $9.00M | $-500.00K | $8.60M | $-29.30M | $-9.70M | $17.60M | $-6.50M |
| Change in Inventory | $719.60M | $230.00M | $-101.00M | $83.80M | $88.50M | $10.70M | $-25.80M | $-100.00K | $-61.00M | $-44.70M | $-89.50M |
| Operating Cash Flow | $176.80M | $51.00M | $37.00M | $9.10M | $20.60M | $50.00M | $67.10M | $11.30M | $-74.40M | $-25.10M | $37.70M |
| Capital Expenditure | $27.50M | $19.70M | $4.10M | $1.60M | $700.00K | $1.20M | $1.40M | $100.00K | $100.00K | $500.00K | $3.00M |
| Investing Cash Flow | $-27.50M | $-19.70M | $-4.10M | $-1.60M | $-700.00K | $-1.20M | $-1.40M | $600.00K | $400.00K | $4.20M | $-1.20M |
| Debt Repayment | $10.50M | $3.50M | $6.10M | $6.10M | $6.10M | $6.10M | $6.10M | $6.10M | $6.10M | $3.40M | - |
| Stock Issued | $688.80M | $523.70M | $54.70M | $23.20M | $3.60M | $42.10M | $23.10M | - | - | - | - |
| Financing Cash Flow | $1.23B | $1.22B | $437.10M | $13.90M | $-4.30M | $-9.90M | $-44.40M | $-35.00M | $-11.10M | $-31.00M | $-9.80M |
| Net Change in Cash | $1.38B | $1.26B | $470.20M | $21.40M | $15.60M | $38.90M | $21.30M | $-23.10M | $-85.10M | $-51.90M | $26.70M |
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 | $74.90M | - | $302.50M | - |
| Cost of Revenue | $79.20M | - | $220.00M | - |
| Gross Profit | $-4.30M | - | $82.50M | - |
| Research & Development | $1.70M | - | $8.00M | - |
| Selling General & Admin | $8.90M | - | $25.90M | - |
| Operating Income | $-16.60M | - | $37.40M | - |
| Interest Expense | $3.40M | - | $9.90M | - |
| Interest Income | $12.90M | - | $28.20M | - |
| Other Income/Expense | $100.00K | - | - | - |
| Income Before Tax | $-8.00M | - | $64.60M | - |
| Income Tax Expense | $-11.90M | - | $4.60M | - |
| Net Income | $3.90M | $30.60M | $60.00M | - |
| Basic EPS | 0.21 | - | 3.40 | - |
| Diluted EPS | 0.19 | - | 3.16 | - |
| Basic Shares Outstanding | $18.32M | - | $17.67M | - |
| Diluted Shares Outstanding | $20.68M | - | $18.96M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $1.63B | $671.40M |
| Accounts Receivable | $60.70M | $80.00M |
| Inventory | $416.30M | $161.60M |
| Other Current Assets | $8.10M | $38.30M |
| Total Current Assets | $2.16B | $1.02B |
| Property Plant & Equipment | $20.50M | $9.40M |
| Intangible Assets | $23.70M | $29.60M |
| Other Non-current Assets | $7.70M | $7.30M |
| Total Assets | $2.24B | $1.09B |
| Short-term Debt | - | $6.10M |
| Deferred Revenue | $154.80M | $216.40M |
| Total Current Liabilities | $626.20M | $346.80M |
| Long-term Debt | $1.17B | $472.50M |
| Other Non-current Liabilities | $8.30M | $7.90M |
| Total Liabilities | $1.88B | $932.00M |
| Retained Earnings | $-16.30M | $-76.30M |
| Total Stockholders Equity | $363.10M | $161.40M |
| Total Liabilities & Equity | $2.24B | $1.09B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $3.90M | $30.60M | $60.00M | - |
| Depreciation & Amortization | - | - | $6.90M | - |
| Change in Receivables | - | - | $-19.20M | - |
| Change in Inventory | - | - | $317.20M | - |
| Operating Cash Flow | - | - | $99.40M | - |
| Capital Expenditure | - | - | $10.10M | - |
| Investing Cash Flow | - | - | $-10.10M | - |
| Debt Repayment | - | - | $3.50M | - |
| Stock Issued | - | - | $139.70M | - |
| Financing Cash Flow | - | - | $841.40M | - |
| Net Change in Cash | - | - | $930.60M | - |
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.