$1.04B
Revenue
$-84.62M
Net Income
24.65%
Gross Margin
-6.41%
Op. Margin
$-154.30M
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) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.04B | $1.04B | $1.39B | $1.56B | $1.93B | $2.76B | $2.55B | $1.46B | $1.82B | $1.74B | $1.80B | $1.66B | $1.50B | $1.30B | $1.10B | $1.05B |
| Revenue Growth % | 0.0% | -25.1% | -10.6% | -19.1% | -30.0% | 8.1% | 74.7% | -19.9% | 4.4% | -3.1% | 8.6% | 10.7% | 14.8% | 18.6% | 4.3% | nan% |
| Cost of Revenue | $787.09M | $787.09M | $1.10B | $1.25B | $1.49B | $2.13B | $1.97B | $1.17B | $1.47B | $1.40B | $1.47B | $1.35B | $1.22B | $1.06B | $900.86M | $875.19M |
| Gross Profit | $257.52M | $257.52M | $290.16M | $314.01M | $443.34M | $623.90M | $579.53M | $293.09M | $353.91M | $340.55M | $331.35M | $304.65M | $279.06M | $247.66M | $198.43M | $179.09M |
| Gross Margin % | 24.7% | 24.7% | 20.8% | 20.1% | 23.0% | 22.6% | 22.7% | 20.1% | 19.4% | 19.5% | 18.4% | 18.4% | 18.6% | 19.0% | 18.1% | 17.0% |
| Operating Expenses | $324.52M | $318.74M | $481.13M | $432.11M | $416.34M | $512.83M | $527.31M | $416.58M | $571.11M | $387.19M | $324.43M | $305.19M | $267.14M | $231.09M | $186.27M | $196.62M |
| Operating Income | $-67.00M | $-61.21M | $-190.97M | $-118.11M | $27.01M | $111.07M | $52.23M | $-123.49M | $-217.21M | $-46.63M | $6.92M | $-534.00K | $11.92M | $16.57M | $12.16M | $-17.53M |
| Operating Margin % | -6.4% | -5.9% | -13.7% | -7.6% | 1.4% | 4.0% | 2.0% | -8.5% | -11.9% | -2.7% | 0.4% | -0.0% | 0.8% | 1.3% | 1.1% | -1.7% |
| Interest Expense | - | $1.10M | $1.49M | $1.60M | - | - | $1.97M | $342.00K | $1.47M | $2.94M | $877.00K | $140.00K | $39.00K | $113.00K | $809.00K | $2.48M |
| Interest Income | - | - | - | - | - | - | - | $1.80M | $2.21M | $659.00K | $326.00K | $155.00K | $152.00K | $127.00K | $116.00K | $161.00K |
| Other Income/Expense | $-21.84M | $-27.64M | $-73.91M | $-160.02M | $-63.83M | $12.50M | $-4.83M | $-12.50M | $-3.49M | $1.18M | $14.18M | $3.63M | $1.17M | $-235.00K | $3.69M | $278.00K |
| Income Before Tax | - | $-83.80M | $-258.11M | $-266.12M | $-33.85M | $123.02M | $96.49M | $-61.85M | $-219.95M | $-47.73M | $20.55M | $3.12M | $13.21M | $16.34M | $15.15M | $-19.58M |
| Income Tax Expense | $825.00K | $825.00K | $684.00K | $41.72M | $1.38M | $-48.77M | $989.00K | $185.00K | $-2.38M | $64.19M | $9.30M | $1.90M | $4.40M | $-72.17M | $485.00K | $-142.00K |
| Net Income | $-84.62M | $-84.62M | $-258.80M | $-307.84M | $-35.24M | $389.37M | $56.00M | $-121.84M | $-206.07M | $-109.88M | $12.52M | $2.45M | $8.85M | $88.51M | $14.67M | $-19.44M |
| Net Margin % | -8.1% | -8.1% | -18.6% | -19.7% | -1.8% | 14.1% | 2.2% | -8.3% | -11.3% | -6.3% | 0.7% | 0.1% | 0.6% | 6.8% | 1.3% | -1.8% |
| Basic EPS | -1.45 | -1.41 | -5.56 | -6.81 | -0.83 | 8.18 | 1.25 | -3.46 | -6.83 | -4.28 | 0.49 | 0.10 | 0.37 | 3.73 | 0.63 | -0.84 |
| Diluted EPS | -1.45 | -1.41 | -5.56 | -6.81 | -0.83 | 8.11 | 1.24 | -3.46 | -6.83 | -4.28 | 0.49 | 0.10 | 0.36 | 3.64 | 0.62 | -0.84 |
| Basic Shares Outstanding | - | 60.1M | 46.5M | 45.2M | 44.3M | 43.0M | 41.2M | 34.9M | 30.0M | 25.0M | 25.3M | 24.6M | 24.0M | 23.7M | 23.4M | 23.3M |
| Diluted Shares Outstanding | - | 60.1M | 46.5M | 45.2M | 44.3M | 43.3M | 41.6M | 34.9M | 30.0M | 25.0M | 25.4M | 24.7M | 24.3M | 24.3M | 23.7M | 23.3M |
| 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) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $175.29M | $159.17M | $302.61M | $371.26M | $503.34M | $516.50M | $112.27M | $141.51M | $203.22M | $183.10M | $170.26M | $181.64M | $148.66M | $93.55M | $96.98M |
| Short-term Investments | - | - | - | - | - | $1.76M | $10.31M | - | - | - | - | - | - | - | - |
| Accounts Receivable | $20.83M | $15.85M | $19.42M | $17.69M | $21.19M | $30.12M | $24.73M | $35.93M | $30.08M | $28.14M | $16.13M | $18.96M | $16.05M | $19.27M | $13.50M |
| Inventory | $5.16M | $11.55M | $13.04M | $6.53M | $5.14M | $6.24M | $5.84M | $14.11M | $13.70M | $18.94M | $20.04M | $26.21M | $27.04M | $26.46M | $22.99M |
| Other Current Assets | $1.49M | $1.88M | $14.86M | $18.83M | $22.10M | $25.43M | $18.48M | $22.41M | $16.12M | $11.65M | $13.98M | $12.62M | $10.30M | $12.90M | $12.65M |
| Total Current Assets | $240.12M | $227.51M | $350.07M | $414.51M | $551.79M | $582.74M | $177.36M | $215.27M | $265.20M | $260.64M | $248.46M | $258.06M | $219.29M | $156.00M | $149.19M |
| Property Plant & Equipment | $13.71M | $23.54M | $27.58M | $109.91M | $109.48M | $122.55M | $130.03M | $134.69M | $129.34M | $134.55M | $93.70M | $52.07M | $27.19M | $21.04M | $25.32M |
| Goodwill | $6.16M | $6.16M | $6.16M | $6.16M | $6.16M | $34.95M | $27.12M | $22.89M | $14.70M | $14.70M | $15.39M | $2.78M | $2.78M | $2.78M | $2.78M |
| Intangible Assets | $45.14M | $30.25M | $25.25M | $9.00K | - | $14.00M | $11.76M | $13.37M | $7.34M | $10.91M | $14.66M | $235.00K | - | - | - |
| Long-term Investments | $66.64M | $78.19M | $155.87M | $296.32M | $342.68M | $47.29M | $42.04M | $60.43M | $13.02M | - | - | - | - | - | - |
| Other Non-current Assets | $48.55M | $29.45M | $12.80M | $2.75M | $3.24M | $4.16M | $4.03M | $14.46M | $17.24M | $14.33M | $9.31M | $2.71M | $2.02M | $2.17M | $2.26M |
| Total Assets | $425.48M | $401.95M | $635.82M | $878.55M | $1.07B | $830.21M | $417.73M | $461.22M | $433.81M | $485.08M | $429.13M | $376.87M | $319.77M | $181.99M | $179.56M |
| Accounts Payable | $89.99M | $81.94M | $106.07M | $75.13M | $102.29M | $109.75M | $75.42M | $102.57M | $85.41M | $106.34M | $122.70M | $112.79M | $90.58M | $62.42M | $70.33M |
| Accrued Liabilities | $51.30M | $73.61M | $73.68M | $63.61M | $101.90M | $135.59M | $88.20M | $87.86M | $82.61M | $96.22M | $83.39M | $81.56M | $65.68M | $47.67M | $47.90M |
| Deferred Revenue | $34.43M | $43.09M | $49.60M | $44.48M | $59.39M | $72.31M | $41.82M | $50.58M | $46.47M | $41.78M | $50.94M | $48.45M | $37.32M | $38.41M | $27.98M |
| Other Current Liabilities | $15.50M | $24.87M | - | $3.51M | $3.35M | $3.30M | $3.96M | $476.00K | $178.00K | $1.63M | $581.00K | - | - | - | - |
| Total Current Liabilities | $192.15M | $224.86M | $232.40M | $191.14M | $272.33M | $327.58M | $216.00M | $241.49M | $214.66M | $249.22M | $258.77M | $242.80M | $193.58M | $148.50M | $163.32M |
| Long-term Debt | - | - | - | $34.48M | $37.98M | $41.33M | - | $3.07M | - | $44.18M | $9.49M | - | - | - | - |
| Other Non-current Liabilities | $9.74M | $7.91M | $9.11M | $3.48M | $3.30M | $4.67M | $2.32M | $5.96M | $7.12M | $6.89M | $6.97M | $4.84M | $3.29M | $2.52M | $3.00M |
| Total Liabilities | $207.53M | $239.22M | $276.69M | $232.72M | $321.58M | $393.89M | $239.87M | $250.51M | $261.69M | $312.12M | $279.77M | $247.65M | $196.88M | $151.02M | $166.32M |
| Common Stock | $8.00K | $5.00K | - | - | - | - | $4.00K | $3.00K | $3.00K | $3.00K | $3.00K | $2.00K | $2.00K | $2.00K | $2.00K |
| Retained Earnings | $-842.71M | $-740.47M | $-481.67M | $-173.83M | $-136.59M | $-525.23M | $-580.39M | $-458.90M | $-254.69M | $-153.90M | $-166.42M | $-153.86M | $-158.59M | $-247.10M | $-261.76M |
| Treasury Stock | - | - | - | $162.55M | $79.03M | $71.40M | $68.81M | $66.76M | $63.82M | $52.59M | $51.75M | $82.53M | $80.23M | $78.84M | $78.37M |
| Total Stockholders Equity | $217.58M | $162.73M | $359.13M | $645.83M | $744.39M | $373.69M | $115.08M | $131.75M | $175.63M | $175.33M | $150.45M | $129.24M | $122.89M | $30.96M | $13.24M |
| Total Liabilities & Equity | $425.48M | $401.95M | $635.82M | $878.55M | $1.07B | $830.21M | $417.73M | $461.22M | $433.81M | $485.08M | $429.13M | $376.87M | $319.77M | $181.99M | $179.56M |
| 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) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-84.62M | $-84.62M | $-258.80M | $-307.84M | $-35.24M | $389.37M | $56.00M | $-121.84M | $-206.07M | $-109.88M | $12.52M | $2.45M | $8.85M | $88.51M | $14.67M | $-19.44M |
| Depreciation & Amortization | $30.05M | $16.28M | $19.06M | $19.45M | $16.71M | $18.56M | $30.82M | $31.03M | $31.70M | - | - | - | $18.06M | $14.52M | $16.01M | $16.35M |
| Stock-based Compensation | $16.43M | $10.85M | $19.25M | $23.02M | $18.32M | $11.13M | $12.93M | $18.23M | $14.36M | $4.08M | $4.89M | $3.53M | $4.04M | $3.25M | $3.53M | $3.05M |
| Deferred Income Tax | - | $473.00K | $284.00K | $41.35M | - | - | - | - | - | - | - | - | - | - | - | - |
| Change in Receivables | $9.71M | $4.98M | $-3.57M | $1.73M | $-3.81M | $-1.68M | $11.48M | $-13.38M | $5.56M | $1.94M | $10.01M | $-3.46M | $2.92M | $-3.23M | $5.77M | $-59.00K |
| Change in Inventory | $3.52M | $-6.38M | $-1.49M | $6.51M | $1.39M | $-1.11M | $403.00K | $-8.27M | $-628.00K | $-5.23M | $-1.10M | $-6.17M | $-835.00K | $579.00K | $3.47M | $-9.12M |
| Change in Payables | $33.34M | $8.05M | $-24.17M | $32.55M | $-28.82M | $-7.79M | $34.33M | $-27.16M | $16.50M | $-21.00M | $-18.82M | $10.48M | $21.65M | $28.18M | $-7.90M | $2.94M |
| Operating Cash Flow | $-142.71M | $-56.70M | $-174.30M | $-18.59M | $-12.54M | $80.92M | $196.47M | $-81.61M | $-138.93M | $-35.32M | $39.56M | $54.52M | - | - | - | - |
| Capital Expenditure | $11.58M | $7.41M | $14.31M | $19.18M | $14.90M | $13.62M | $19.13M | $21.77M | $28.68M | $23.59M | $72.28M | $59.51M | $41.35M | $18.07M | $12.49M | $8.74M |
| Acquisitions | - | - | - | - | - | - | $-11.00K | $-4.89M | $12.91M | - | $-1.25M | $10.60M | - | - | - | - |
| Purchases of Investments | - | - | - | - | - | - | - | - | - | - | - | $14.00K | $23.00K | $132.00K | $82.00K | $160.00K |
| Investing Cash Flow | $-82.56M | $-49.23M | $24.93M | $-44.63M | $-33.03M | $-86.14M | $-23.55M | $-26.85M | $-110.92M | $-17.96M | $-79.45M | $-82.43M | - | - | - | - |
| Debt Repayment | - | - | $34.78M | $3.61M | $3.45M | $3.03M | $2.63M | $3.14M | $40.00M | $45.77M | - | - | - | - | - | - |
| Stock Issued | $181.01M | $137.31M | $42.99M | - | - | - | $195.54M | $82.95M | $94.55M | - | - | - | - | - | - | - |
| Stock Repurchased | - | $6.22M | - | - | $80.12M | - | - | - | - | $11.23M | $840.00K | $2.37M | $2.30M | $1.39M | $471.00K | $1.60M |
| Financing Cash Flow | $158.23M | $122.05M | $32.72M | $-5.49M | $-86.34M | $-10.60M | $231.36M | $80.55M | $189.00M | $73.40M | $52.72M | $16.54M | - | - | - | - |
| Net Change in Cash | $-67.05M | $16.13M | $-116.66M | $-68.71M | $-131.91M | $-15.81M | $404.28M | $-27.92M | $-60.86M | - | - | - | - | - | - | - |
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 | $257.19M | $311.43M | $771.19M | $1.09B |
| Cost of Revenue | $192.02M | $245.45M | $580.92M | $871.31M |
| Gross Profit | $65.16M | $65.97M | $190.26M | $220.50M |
| Operating Expenses | $77.61M | $111.18M | $238.35M | $359.95M |
| Operating Income | $-12.45M | $-45.20M | $-48.09M | $-139.45M |
| Other Income/Expense | $6.98M | $-17.19M | $-17.78M | $-44.03M |
| Income Before Tax | $-4.29M | $-60.84M | $-63.03M | $-176.90M |
| Income Tax Expense | $233.00K | $189.00K | $714.00K | $635.00K |
| Net Income | $-4.52M | $-61.03M | $-63.75M | $-177.54M |
| Basic EPS | -0.07 | -1.33 | -1.11 | -3.88 |
| Diluted EPS | -0.07 | -1.33 | -1.11 | -3.88 |
| Basic Shares Outstanding | $60.33M | $45.77M | $57.19M | $45.70M |
| Diluted Shares Outstanding | $60.33M | $45.77M | $57.19M | $45.70M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $167.37M | $159.17M |
| Accounts Receivable | $17.31M | $15.85M |
| Inventory | $7.21M | $11.55M |
| Other Current Assets | $12.87M | $14.02M |
| Total Current Assets | $231.80M | $227.51M |
| Property Plant & Equipment | $14.79M | $23.54M |
| Goodwill | $6.16M | $6.16M |
| Intangible Assets | $45.34M | $30.25M |
| Long-term Investments | $78.62M | $78.19M |
| Other Non-current Assets | $32.26M | $29.45M |
| Total Assets | $414.38M | $401.95M |
| Accounts Payable | $94.23M | $81.94M |
| Short-term Debt | $17.99M | $24.87M |
| Accrued Liabilities | $48.84M | $73.61M |
| Deferred Revenue | $35.82M | $43.09M |
| Total Current Liabilities | $197.79M | $224.86M |
| Other Non-current Liabilities | $7.77M | $7.91M |
| Total Liabilities | $211.44M | $239.22M |
| Common Stock | $7.00K | $5.00K |
| Retained Earnings | $-804.21M | $-740.47M |
| Total Stockholders Equity | $202.60M | $162.73M |
| Total Liabilities & Equity | $414.38M | $401.95M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-4.52M | $-61.03M | $-63.75M | $-177.54M |
| Depreciation & Amortization | - | - | $12.80M | $12.74M |
| Stock-based Compensation | - | - | $8.00M | $16.38M |
| Change in Receivables | - | - | $1.46M | $-4.39M |
| Change in Inventory | - | - | $-4.33M | $-1.98M |
| Change in Payables | - | - | $12.38M | $-18.55M |
| Operating Cash Flow | - | - | $-50.21M | $-152.62M |
| Capital Expenditure | - | - | $5.25M | $11.33M |
| Investing Cash Flow | - | - | $-30.42M | $-6.55M |
| Stock Issued | - | - | $101.69M | - |
| Stock Repurchased | - | - | $6.22M | - |
| Financing Cash Flow | - | - | $88.95M | $-2.08M |
| Net Change in Cash | - | - | $8.32M | $-161.25M |
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.