$107.53M
Revenue
$-11.28M
Net Income
87.17%
Gross Margin
-10.11%
Op. Margin
$-21.43M
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 | $28.38M | $25.68M | $24.25M | $29.22M | $27.21M | $28.44M |
| Revenue Growth % (YoY) | 4.3% | -9.7% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $3.39M | $3.55M | $3.49M | $3.37M | $3.96M | $2.93M |
| Gross Profit | $24.99M | $22.13M | $20.76M | $25.85M | $23.25M | $25.50M |
| Gross Margin % | 88.0% | 86.2% | 85.6% | 88.5% | 85.4% | 89.7% |
| Operating Expenses | $27.08M | $26.61M | $25.14M | $25.78M | $25.87M | $25.54M |
| Research & Development | $19.53M | $18.76M | $17.61M | $16.88M | $17.99M | $18.76M |
| Operating Income | $-2.08M | $-4.48M | $-4.38M | $74.00K | $-2.62M | $-35.00K |
| Operating Margin % | -7.3% | -17.5% | -18.1% | 0.3% | -9.6% | -0.1% |
| Income Before Tax | $-838.00K | $-2.57M | $-2.34M | $-1.00K | $-304.00K | $1.31M |
| Income Tax Expense | $1.67M | $1.14M | $991.00K | $1.74M | $1.01M | $1.60M |
| Net Income | $-2.51M | $-3.70M | $-3.33M | $-1.74M | $-1.31M | $-291.00K |
| Net Margin % | -8.8% | -14.4% | -13.7% | -5.9% | -4.8% | -1.0% |
| Basic EPS | nan | nan | nan | -0.07 | -0.06 | -0.01 |
| Basic Shares Outstanding | 23.9M | 23.9M | 23.8M | 8K | 23.7M | 23.6M |
| 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 | $17.27M | $29.08M | $18.81M | $18.50M | $13.23M | $24.70M |
| Accounts Receivable | $49.70M | $36.68M | $40.82M | $37.21M | $38.63M | $35.66M |
| Other Current Assets | $12.65M | $14.62M | $17.82M | $15.49M | $13.97M | $13.20M |
| Total Current Assets | $214.41M | $208.81M | $216.99M | $216.34M | $210.71M | $207.27M |
| Property Plant & Equipment | $6.01M | $6.48M | $6.58M | $6.88M | $6.88M | $6.84M |
| Goodwill | $58.31M | $58.31M | $58.31M | $58.31M | $58.31M | $58.31M |
| Intangible Assets | $1.25M | $1.46M | $1.67M | $1.88M | $2.13M | $2.41M |
| Other Non-current Assets | $12.60M | $13.59M | $12.61M | $10.80M | $12.39M | $11.07M |
| Total Assets | $306.01M | $302.84M | $309.99M | $308.95M | $304.89M | $300.40M |
| Accrued Liabilities | $5.24M | $4.76M | $5.51M | $6.24M | $6.01M | $6.05M |
| Deferred Revenue | $3.05M | $3.21M | $2.95M | $3.60M | $3.42M | $2.83M |
| Total Current Liabilities | $24.71M | $24.34M | $29.13M | $30.53M | $27.72M | $24.98M |
| Common Stock | $24.00K | $24.00K | $24.00K | $24.00K | $24.00K | $24.00K |
| Retained Earnings | $1.10M | $3.65M | $7.36M | $11.19M | $12.96M | $14.27M |
| Total Stockholders Equity | $268.72M | $265.89M | $269.13M | $266.56M | $265.77M | $263.79M |
| Total Liabilities & Equity | $306.01M | $302.84M | $309.99M | $308.95M | $304.89M | $300.40M |
| 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 | $-2.51M | $-7.03M | $-3.33M | $-1.74M | $-1.31M | $-291.00K |
| Stock-based Compensation | $14.10M | $9.22M | $4.32M | $3.90M | $11.68M | $7.47M |
| Change in Receivables | $12.22M | $-948.00K | - | - | - | - |
| Operating Cash Flow | $-12.08M | $-6.22M | $-7.40M | $8.04M | $-4.57M | $-4.97M |
| Capital Expenditure | $1.43M | $1.00M | $311.00K | $1.03M | $1.93M | $1.51M |
| Acquisitions | - | - | - | - | - | - |
| Sales of Investments | $59.20M | $45.86M | $35.66M | $5.20M | $24.58M | $24.58M |
| Investing Cash Flow | $14.61M | $20.79M | $6.23M | $-1.39M | $-1.06M | $8.18M |
| Stock Repurchased | $7.15M | $6.16M | - | $1.00M | $7.46M | $3.28M |
| Financing Cash Flow | $-3.93M | $-4.53M | $1.36M | $-1.00M | $-4.57M | $-1.72M |
| Net Change in Cash | $-1.23M | $10.58M | $316.00K | $5.27M | $-10.06M | $1.42M |
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 | $28.38M | $27.21M | $78.31M | $77.72M |
| Cost of Revenue | $3.39M | $3.96M | $10.43M | $9.40M |
| Gross Profit | $24.99M | $23.25M | $67.88M | $68.32M |
| Operating Expenses | $27.08M | $25.87M | $78.83M | $75.94M |
| Research & Development | $19.53M | $17.99M | $55.90M | $54.74M |
| Operating Income | $-2.08M | $-2.62M | $-10.95M | $-7.62M |
| Income Before Tax | $-838.00K | $-304.00K | $-5.74M | $-2.75M |
| Income Tax Expense | $1.67M | $1.01M | $3.80M | $4.30M |
| Net Income | $-2.51M | $-1.31M | $-9.54M | $-7.05M |
| Basic Shares Outstanding | $23.94M | $23.68M | $23.87M | $23.61M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $17.27M | $18.50M |
| Accounts Receivable | $49.70M | $37.21M |
| Other Current Assets | $12.65M | $15.49M |
| Total Current Assets | $214.41M | $216.34M |
| Property Plant & Equipment | $6.01M | $6.88M |
| Goodwill | $58.31M | $58.31M |
| Intangible Assets | $1.25M | $1.88M |
| Other Non-current Assets | $12.60M | $10.80M |
| Total Assets | $306.01M | $308.95M |
| Accrued Liabilities | $5.24M | $6.24M |
| Deferred Revenue | $3.05M | $3.60M |
| Total Current Liabilities | $24.71M | $30.53M |
| Common Stock | $24.00K | $24.00K |
| Retained Earnings | $1.10M | $11.19M |
| Total Stockholders Equity | $268.72M | $266.56M |
| Total Liabilities & Equity | $306.01M | $308.95M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-2.51M | $-1.31M | $-9.54M | $-7.05M |
| Stock-based Compensation | - | - | $14.10M | $11.68M |
| Change in Receivables | - | - | $12.22M | $7.81M |
| Operating Cash Flow | - | - | $-12.08M | $-4.57M |
| Capital Expenditure | - | - | $1.43M | $1.93M |
| Sales of Investments | - | - | $59.20M | $24.58M |
| Investing Cash Flow | - | - | $14.61M | $-1.06M |
| Stock Repurchased | - | - | $7.15M | $7.46M |
| Financing Cash Flow | - | - | $-3.93M | $-4.57M |
| Net Change in Cash | - | - | $-1.23M | $-10.06M |
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.