$358.94M
Revenue
$-9.89M
Net Income
40.85%
Gross Margin
0.52%
Op. Margin
$26.72M
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) |
|---|---|---|---|---|---|---|
| Total Revenue | $88.91M | $89.39M | $85.71M | $94.94M | $88.48M | $85.84M |
| Revenue Growth % (YoY) | 0.5% | 4.1% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $52.78M | $53.10M | $51.75M | $54.68M | $52.01M | $51.95M |
| Gross Profit | $36.12M | $36.29M | $33.96M | $40.25M | $36.47M | $33.88M |
| Gross Margin % | 40.6% | 40.6% | 39.6% | 42.4% | 41.2% | 39.5% |
| Operating Expenses | $87.20M | $91.07M | $87.78M | $91.03M | $148.08M | $87.77M |
| Research & Development | $7.18M | $7.80M | $8.12M | $8.65M | $7.27M | $8.37M |
| Operating Income | $1.71M | $-1.68M | $-2.07M | $3.90M | $-59.60M | $-1.93M |
| Operating Margin % | 1.9% | -1.9% | -2.4% | 4.1% | -67.4% | -2.2% |
| Interest Expense | $3.94M | - | - | $288.00K | - | - |
| Other Income/Expense | - | - | - | - | - | $376.00K |
| Income Before Tax | $142.00K | $-7.04M | $-5.57M | $6.38M | $-62.25M | $-2.24M |
| Income Tax Expense | $-311.00K | $2.46M | $-1.57M | $3.24M | $-1.62M | $-536.00K |
| Net Income | $453.00K | $-9.49M | $-3.99M | $3.14M | $-60.63M | $-1.71M |
| Net Margin % | 0.5% | -10.6% | -4.7% | 3.3% | -68.5% | -2.0% |
| Basic EPS | -0.86 | -2.73 | -1.66 | -0.20 | -12.79 | -1.19 |
| Diluted EPS | -0.86 | -2.73 | -1.66 | -0.20 | -12.79 | -1.19 |
| Basic Shares Outstanding | 5.3M | 5.1M | 5.1M | 27K | 5.1M | 5.0M |
| Diluted Shares Outstanding | 5.3M | 5.1M | 5.1M | 27K | 5.1M | 5.0M |
| 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) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $26.70M | $25.99M | $30.97M | $29.94M | $20.00M | $14.65M |
| Accounts Receivable | $50.59M | $54.44M | $50.61M | $64.27M | $55.16M | $53.90M |
| Other Current Assets | $11.04M | $12.48M | $13.85M | $10.32M | $9.58M | $12.02M |
| Total Current Assets | $91.52M | $96.45M | $98.96M | $108.06M | $84.93M | $80.77M |
| Goodwill | $248.50M | $248.47M | $246.95M | $246.01M | $247.46M | $309.65M |
| Intangible Assets | $3.16M | $3.79M | $4.42M | $5.06M | $5.75M | $6.51M |
| Other Non-current Assets | $6.41M | $7.14M | $8.28M | $8.21M | $7.91M | $9.71M |
| Total Assets | $406.94M | $415.89M | $421.53M | $430.25M | $412.46M | $474.14M |
| Accounts Payable | $15.78M | $15.17M | $14.73M | $16.47M | $34.28M | $32.09M |
| Accrued Liabilities | $41.41M | $42.01M | $37.20M | $35.01M | $28.50M | $30.70M |
| Deferred Revenue | $39.88M | $43.05M | $43.99M | $45.46M | $45.50M | $47.76M |
| Other Current Liabilities | $5.82M | $5.92M | $6.10M | $7.23M | $3.81M | $4.17M |
| Total Current Liabilities | $141.60M | $139.79M | $133.93M | $131.30M | $144.16M | $174.77M |
| Long-term Debt | $39.64M | $39.99M | $40.35M | $40.72M | - | - |
| Deferred Tax Liabilities | $1.42M | $1.42M | $892.00K | $891.00K | - | $970.00K |
| Other Non-current Liabilities | $8.15M | $9.54M | $9.03M | $9.77M | $10.71M | $11.54M |
| Total Liabilities | $225.73M | $230.09M | $227.52M | $231.04M | $207.73M | $240.42M |
| Common Stock | $5.00K | $5.00K | $5.00K | $5.00K | $5.00K | $5.00K |
| Retained Earnings | $-1.50B | $-1.50B | $-1.48B | $-1.47B | $-1.47B | $-1.41B |
| Total Stockholders Equity | $-26.26M | $-21.67M | $-13.46M | $-8.26M | $-2.74M | $45.84M |
| Total Liabilities & Equity | $406.94M | $415.89M | $421.53M | $430.25M | $412.46M | $474.14M |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $453.00K | $-9.49M | $-3.99M | $3.14M | $-60.63M | $-2.76M |
| Stock-based Compensation | $2.86M | $2.49M | $738.00K | $924.00K | $2.27M | $2.39M |
| Deferred Income Tax | $520.00K | $538.00K | $-1.08M | $1.34M | $-2.18M | $-365.00K |
| Change in Receivables | $-13.99M | $-11.26M | $-14.06M | $10.05M | $-8.40M | $-9.32M |
| Operating Cash Flow | $19.49M | $9.99M | $9.06M | $-10.04M | $28.14M | $15.60M |
| Capital Expenditure | $649.00K | $524.00K | $379.00K | $234.00K | $579.00K | $456.00K |
| Investing Cash Flow | $-17.41M | $-11.39M | $-5.65M | $-5.29M | $-18.77M | $-12.12M |
| Financing Cash Flow | $-6.54M | $-4.58M | $-3.02M | $29.77M | $-12.14M | $-10.96M |
| Net Change in Cash | $-3.58M | $-3.94M | $1.03M | $13.28M | $-2.75M | $-8.09M |
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 | $88.91M | - | $264.00M | - |
| Cost of Revenue | $52.78M | - | $157.63M | - |
| Operating Expenses | $87.20M | - | $266.05M | - |
| Research & Development | $7.18M | - | $23.11M | - |
| Operating Income | $1.71M | - | $-2.04M | - |
| Interest Expense | - | - | $3.94M | - |
| Other Income/Expense | - | - | - | - |
| Income Before Tax | $142.00K | - | $-12.46M | - |
| Income Tax Expense | $-311.00K | - | $570.00K | - |
| Net Income | $453.00K | $-1.71M | $-13.03M | - |
| Basic EPS | -0.86 | - | -5.24 | - |
| Diluted EPS | -0.86 | - | -5.24 | - |
| Basic Shares Outstanding | $5.25M | - | $5.14M | - |
| Diluted Shares Outstanding | $5.25M | - | $5.14M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $26.70M | $29.94M |
| Accounts Receivable | $50.59M | $64.27M |
| Other Current Assets | $11.04M | $10.32M |
| Total Current Assets | $91.52M | $108.06M |
| Goodwill | $248.50M | $246.01M |
| Intangible Assets | $3.16M | $5.06M |
| Other Non-current Assets | $6.41M | $8.21M |
| Total Assets | $406.94M | $430.25M |
| Accounts Payable | $15.78M | $16.47M |
| Accrued Liabilities | $41.41M | $35.01M |
| Deferred Revenue | $39.88M | $45.46M |
| Other Current Liabilities | $5.82M | $7.23M |
| Total Current Liabilities | $141.60M | $131.30M |
| Long-term Debt | $39.64M | $40.72M |
| Deferred Tax Liabilities | $1.42M | $891.00K |
| Other Non-current Liabilities | $8.15M | $9.77M |
| Total Liabilities | $225.73M | $231.04M |
| Common Stock | $5.00K | $5.00K |
| Retained Earnings | $-1.50B | $-1.47B |
| Total Stockholders Equity | $-26.26M | $-8.26M |
| Total Liabilities & Equity | $406.94M | $430.25M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $453.00K | $-1.71M | $-13.03M | - |
| Stock-based Compensation | - | - | $2.86M | - |
| Deferred Income Tax | - | - | $520.00K | - |
| Change in Receivables | - | - | $-13.99M | - |
| Operating Cash Flow | - | - | $19.49M | - |
| Capital Expenditure | - | - | $649.00K | - |
| Investing Cash Flow | - | - | $-17.41M | - |
| Financing Cash Flow | - | - | $-6.54M | - |
| Net Change in Cash | - | - | $-3.58M | - |
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.