$219.02M
Revenue
$-640.00K
Net Income
72.32%
Gross Margin
2.67%
Op. Margin
$-21.27M
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) |
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 | $62.40M | $57.12M | $51.73M | $47.78M | $50.09M | $46.41M | $41.66M | $41.31M | $41.12M | $42.35M | $41.60M | $40.76M | $40.52M | $39.86M |
| Revenue Growth % (YoY) | 24.6% | 23.1% | 24.2% | 15.7% | 21.8% | 9.6% | 0.1% | 1.4% | 1.5% | 6.2% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $16.94M | $15.84M | $14.89M | $12.96M | $15.90M | $12.48M | $12.23M | $13.53M | $13.19M | $14.28M | $12.37M | $11.90M | $11.79M | $12.54M |
| Gross Profit | $45.46M | $41.27M | $36.84M | $34.82M | $34.18M | $33.92M | $29.43M | $27.78M | $27.93M | $28.07M | $29.23M | $28.86M | $28.73M | $27.32M |
| Gross Margin % | 72.9% | 72.3% | 71.2% | 72.9% | 68.3% | 73.1% | 70.6% | 67.3% | 67.9% | 66.3% | 70.3% | 70.8% | 70.9% | 68.5% |
| Research & Development | $19.26M | $15.44M | $14.91M | $14.63M | $14.42M | $13.52M | $12.65M | $12.98M | $12.31M | $13.11M | $12.26M | $13.05M | $14.36M | $14.30M |
| Selling General & Admin | $21.68M | $19.94M | $19.74M | $23.37M | $19.07M | $18.09M | $16.26M | $16.50M | $16.19M | $15.61M | $14.77M | $15.64M | $12.72M | $12.01M |
| Operating Income | $3.46M | $4.83M | $1.12M | $-3.56M | $512.00K | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 5.5% | 8.5% | 2.2% | -7.4% | 1.0% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% |
| Interest Expense | $1.10M | $2.62M | $1.46M | $311.00K | - | - | - | - | - | - | - | - | - | - |
| Interest Income | - | - | - | - | $918.00K | $1.51M | $1.48M | $1.69M | $1.50M | $2.02M | - | - | $-250.00K | - |
| Other Income/Expense | $345.00K | $-102.00K | $196.00K | $870.00K | $962.00K | - | - | - | - | - | - | - | - | - |
| Income Before Tax | $2.64M | $3.49M | $71.00K | $-3.00M | $1.47M | $3.63M | $1.74M | $-268.00K | $143.00K | $1.03M | $2.95M | $745.00K | $1.07M | $2.20M |
| Income Tax Expense | $2.69M | $2.19M | $-1.07M | $36.00K | $935.00K | $1.42M | $38.00K | $125.00K | $-744.00K | $6.01M | $-3.89M | $390.00K | $591.00K | $815.00K |
| Net Income | $-48.00K | $1.29M | $1.15M | $-3.03M | $539.00K | $2.21M | $1.71M | $-393.00K | $887.00K | $-4.97M | $6.83M | $355.00K | $483.00K | $1.39M |
| Net Margin % | -0.1% | 2.3% | 2.2% | -6.3% | 1.1% | 4.8% | 4.1% | -1.0% | 2.2% | -11.7% | 16.4% | 0.9% | 1.2% | 3.5% |
| Basic EPS | 0.00 | 0.03 | 0.03 | -0.08 | 0.02 | 0.06 | 0.04 | -0.01 | 0.02 | -0.13 | 0.18 | 0.01 | 0.01 | 0.04 |
| Diluted EPS | 0.00 | 0.03 | 0.03 | -0.08 | 0.01 | 0.06 | 0.04 | -0.01 | 0.02 | -0.13 | 0.17 | 0.01 | 0.01 | 0.04 |
| Basic Shares Outstanding | - | 39.5M | 39.1M | 39.1M | 60K | 38.7M | 38.6M | 38.5M | 85K | 38.2M | 37.9M | 37.7M | 24K | 37.2M |
| Diluted Shares Outstanding | - | 39.6M | 39.3M | 39.1M | 19K | 39.1M | 39.1M | 38.5M | -40K | 38.2M | 39.1M | 38.9M | 24K | 38.1M |
| 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) |
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 | $42.22M | $35.88M | $37.41M | $43.73M | $90.59M | $96.43M | $91.99M | $85.26M | $98.98M | $111.62M | $100.36M | $114.38M | $119.62M | $93.73M |
| Short-term Investments | - | - | $2.99M | $10.41M | $24.29M | $23.72M | $25.89M | $37.63M | $36.54M | $23.74M | $23.68M | $19.15M | $19.56M | $22.36M |
| Accounts Receivable | $82.94M | $74.95M | $69.26M | $63.68M | $73.65M | $46.67M | $56.41M | $47.27M | $44.90M | $40.96M | $61.45M | $47.05M | $42.16M | $54.98M |
| Other Current Assets | $4.14M | $35.29M | $25.12M | $22.80M | $942.00K | $24.57M | $19.01M | $17.16M | $17.42M | $18.00M | $18.86M | $12.56M | $12.06M | $9.46M |
| Total Current Assets | $163.89M | $146.12M | $134.79M | $140.62M | $205.98M | $191.40M | $193.29M | $187.32M | $197.85M | $194.32M | $204.35M | $193.14M | $193.41M | $180.53M |
| Property Plant & Equipment | $81.61M | $71.92M | $61.85M | $56.56M | $48.47M | $46.02M | $40.71M | $36.09M | $37.34M | $37.83M | $42.99M | $41.72M | $40.17M | $38.74M |
| Goodwill | $95.00M | $96.78M | $96.80M | $96.64M | $14.95M | $15.01M | $15.00M | $15.00M | $15.03M | $15.01M | $14.12M | $14.12M | $14.12M | $14.12M |
| Intangible Assets | $52.19M | $54.25M | $56.33M | $58.36M | $12.31M | $13.13M | $13.90M | $14.75M | $15.62M | $16.49M | $16.30M | $17.18M | $18.05M | $18.93M |
| Other Non-current Assets | $21.15M | $31.97M | $35.31M | $33.91M | $29.51M | $37.26M | $30.54M | $28.78M | $19.22M | $13.70M | $7.04M | $7.32M | $6.84M | $7.61M |
| Total Assets | $418.70M | $406.40M | $391.13M | $389.97M | $315.29M | $307.35M | $298.00M | $286.82M | $290.14M | $282.45M | $290.27M | $279.29M | $278.67M | $265.98M |
| Accounts Payable | $17.08M | $14.65M | $6.55M | $9.39M | $8.26M | $7.50M | $4.22M | $5.73M | $2.56M | $2.63M | $2.28M | $6.29M | $6.39M | $5.19M |
| Accrued Liabilities | $7.06M | - | - | $13.04M | $7.16M | $6.51M | $5.99M | $4.96M | $4.63M | $4.77M | $5.50M | $5.87M | $5.58M | $6.47M |
| Deferred Revenue | $19.44M | $21.25M | $23.36M | $27.13M | $24.93M | $28.73M | $31.66M | $27.64M | $25.75M | $29.27M | $29.91M | $26.32M | $26.02M | $26.46M |
| Total Current Liabilities | $71.89M | $66.08M | $56.96M | $64.30M | $60.54M | $57.73M | $55.46M | $51.80M | $50.84M | $49.92M | $52.08M | $54.26M | $58.20M | $52.40M |
| Long-term Debt | $67.00M | $65.32M | $65.88M | $66.42M | - | - | - | - | - | - | - | - | - | - |
| Other Non-current Liabilities | $2.91M | $3.06M | $3.64M | $4.20M | $2.29M | $2.40M | $3.71M | $2.27M | $2.72M | $3.23M | $6.33M | $3.37M | $1.91M | - |
| Total Liabilities | $147.68M | $142.02M | $133.61M | $140.99M | $69.25M | $66.89M | $65.85M | $61.41M | $61.19M | $60.89M | $66.10M | $65.86M | $68.66M | $62.77M |
| Common Stock | $6.00K | $6.00K | $6.00K | $6.00K | $6.00K | $6.00K | $6.00K | $6.00K | $6.00K | $6.00K | $6.00K | $6.00K | $6.00K | $6.00K |
| Retained Earnings | $-94.63M | $-94.58M | $-95.87M | $-97.02M | $-93.99M | $-94.53M | $-96.73M | $-98.44M | $-98.05M | $-98.93M | $-93.96M | $-100.80M | $-101.15M | $-101.63M |
| Treasury Stock | - | - | - | $162.67M | $159.35M | $159.02M | $155.08M | $154.62M | $143.92M | $143.59M | $138.28M | $137.81M | $133.71M | $132.97M |
| Total Stockholders Equity | $271.02M | $264.38M | $257.52M | $248.98M | $246.04M | $240.46M | $232.15M | $225.41M | $228.95M | $221.56M | $224.17M | $213.43M | $210.01M | $203.20M |
| Total Liabilities & Equity | $418.70M | $406.40M | $391.13M | $389.97M | $315.29M | $307.35M | $298.00M | $286.82M | $290.14M | $282.45M | $290.27M | $279.29M | $278.67M | $265.98M |
| 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) |
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 | $-48.00K | $1.29M | $1.15M | $-3.03M | $539.00K | $3.52M | $1.71M | $-393.00K | $887.00K | $-4.97M | $6.83M | $355.00K | $483.00K | $-3.91M |
| Depreciation & Amortization | $1.45M | $2.64M | $1.49M | $685.00K | $733.00K | $2.90M | $2.13M | $1.06M | $1.21M | $3.78M | $2.54M | $1.30M | $1.35M | $4.17M |
| Stock-based Compensation | $6.87M | $19.06M | $12.79M | $6.60M | $6.51M | $18.54M | $11.81M | $6.11M | $5.92M | $15.56M | $9.56M | $4.88M | $5.09M | $14.56M |
| Deferred Income Tax | $846.00K | $36.00K | $-1.30M | $-312.00K | $82.00K | $-35.00K | $17.00K | $9.00K | $-148.00K | $43.00K | $-82.00K | $-23.00K | $-50.00K | $46.00K |
| Change in Receivables | $8.08M | $-1.74M | $-7.41M | $-13.03M | $27.06M | $1.74M | $11.55M | $2.39M | $3.93M | $-1.19M | $19.32M | $4.87M | $-12.86M | $15.00M |
| Change in Payables | $1.67M | $3.21M | $-275.00K | $84.00K | $-204.00K | $3.00M | $482.00K | $1.80M | $552.00K | $-2.70M | $-2.79M | $1.26M | $1.43M | $-2.85M |
| Operating Cash Flow | $17.34M | $6.71M | $3.42M | $8.64M | $1.61M | $8.10M | $-1.18M | $-1.86M | $2.03M | $12.57M | $-6.62M | $-982.00K | $24.27M | $8.02M |
| Capital Expenditure | $9.79M | $22.84M | $16.65M | $8.11M | $5.64M | $11.57M | $7.34M | $2.02M | $2.66M | $8.57M | $5.69M | $2.90M | $1.76M | $6.65M |
| Acquisitions | - | $129.72M | $129.72M | $129.72M | - | - | - | - | - | - | - | - | - | - |
| Investing Cash Flow | $-9.79M | $-127.57M | $-124.25M | $-123.86M | $-6.12M | $188.00K | $4.19M | $-2.64M | $-14.76M | $-14.23M | $-9.68M | $-2.25M | $1.25M | $83.35M |
| Debt Repayment | $625.00K | $1.25M | $625.00K | - | - | - | - | - | - | - | - | - | - | - |
| Stock Repurchased | - | $244.00K | - | - | - | $6.90M | $6.90M | $6.90M | - | $743.00K | - | - | - | $22.47M |
| Financing Cash Flow | $-890.00K | $65.45M | $66.64M | $67.96M | $-325.00K | $-10.91M | $-9.15M | $-8.75M | $-313.00K | $-5.58M | $-2.47M | $-2.09M | $-121.00K | $-24.19M |
| Net Change in Cash | $6.34M | $-54.71M | $-53.18M | $-46.86M | $-5.83M | $-2.55M | $-6.99M | $-13.72M | $-12.64M | $-8.00M | $-19.26M | $-5.24M | $25.90M | $66.04M |
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 | $57.12M | - | $156.62M | - |
| Cost of Revenue | $15.84M | - | $43.68M | - |
| Research & Development | $15.44M | - | $44.98M | - |
| Selling General & Admin | $19.94M | - | $63.06M | - |
| Operating Income | $4.83M | - | $2.39M | - |
| Interest Expense | $1.24M | - | $2.62M | - |
| Other Income/Expense | $-102.00K | - | $964.00K | - |
| Income Before Tax | $3.49M | - | $562.00K | - |
| Income Tax Expense | $2.19M | - | $1.15M | - |
| Net Income | $1.29M | - | $-592.00K | - |
| Basic EPS | 0.03 | - | -0.02 | - |
| Diluted EPS | 0.03 | - | -0.02 | - |
| Basic Shares Outstanding | $39.50M | - | $39.25M | - |
| Diluted Shares Outstanding | $39.62M | - | $39.25M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $35.88M | $90.59M |
| Short-term Investments | - | $24.29M |
| Accounts Receivable | $74.95M | $73.65M |
| Other Current Assets | $35.29M | $17.45M |
| Total Current Assets | $146.12M | $205.98M |
| Property Plant & Equipment | $71.92M | $48.47M |
| Goodwill | $96.78M | $14.95M |
| Intangible Assets | $54.25M | $12.31M |
| Other Non-current Assets | $31.97M | $29.51M |
| Total Assets | $406.40M | $315.29M |
| Accounts Payable | $14.65M | $8.26M |
| Deferred Revenue | $21.25M | $25.00M |
| Total Current Liabilities | $66.08M | $60.54M |
| Long-term Debt | $65.32M | - |
| Other Non-current Liabilities | $3.06M | $2.29M |
| Total Liabilities | $142.02M | $69.25M |
| Common Stock | $6.00K | $6.00K |
| Retained Earnings | $-94.58M | $-93.99M |
| Total Stockholders Equity | $264.38M | $246.04M |
| Total Liabilities & Equity | $406.40M | $315.29M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $1.29M | - | $-592.00K | - |
| Depreciation & Amortization | - | - | $2.64M | - |
| Stock-based Compensation | - | - | $19.06M | - |
| Deferred Income Tax | - | - | $36.00K | - |
| Change in Receivables | - | - | $-1.74M | - |
| Change in Payables | - | - | $3.21M | - |
| Operating Cash Flow | - | - | $6.71M | - |
| Capital Expenditure | - | - | $22.84M | - |
| Acquisitions | - | - | $129.72M | - |
| Investing Cash Flow | - | - | $-127.57M | - |
| Debt Repayment | - | - | $1.25M | - |
| Stock Repurchased | - | - | $244.00K | - |
| Financing Cash Flow | - | - | $65.45M | - |
| Net Change in Cash | - | - | $-54.71M | - |
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.