$1.12B
Revenue
$-234.73M
Net Income
30.17%
Gross Margin
6.61%
Op. Margin
$-22.69M
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) |
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 | $266.06M | $302.00M | $277.36M | $275.48M | $276.60M | $316.48M | $303.90M | $319.88M | $343.01M | $375.75M | $328.89M | $317.47M | $328.16M |
| Revenue Growth % (YoY) | -3.8% | -4.6% | -8.7% | -13.9% | -19.4% | -15.8% | -7.6% | 0.8% | 4.5% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $193.27M | $198.83M | $188.47M | $202.19M | $194.83M | $207.44M | $210.89M | $227.02M | $232.63M | $240.68M | $225.12M | $221.80M | $216.26M |
| Gross Profit | $72.79M | $103.17M | $88.89M | $73.29M | $81.77M | $109.04M | $93.01M | $92.87M | $110.39M | $135.07M | $103.77M | $95.67M | $111.90M |
| Gross Margin % | 27.4% | 34.2% | 32.0% | 26.6% | 29.6% | 34.5% | 30.6% | 29.0% | 32.2% | 35.9% | 31.6% | 30.1% | 34.1% |
| Operating Expenses | $280.30M | $269.29M | $257.74M | $334.87M | $267.55M | $280.15M | $292.27M | $307.28M | $312.19M | $324.00M | $305.11M | $302.07M | $294.85M |
| Operating Income | $12.22M | $49.30M | $61.53M | $-48.96M | $20.17M | $135.50M | $152.49M | $16.65M | $37.21M | $52.82M | $23.75M | $15.42M | $33.29M |
| Operating Margin % | 4.6% | 16.3% | 22.2% | -17.8% | 7.3% | 42.8% | 50.2% | 5.2% | 10.8% | 14.1% | 7.2% | 4.9% | 10.1% |
| Interest Expense | $62.88M | $70.69M | $66.80M | $64.16M | $66.83M | $68.42M | $73.96M | $95.66M | $99.38M | $89.59M | $81.52M | $74.02M | $61.02M |
| Interest Income | $1.20M | $1.25M | $1.21M | $1.50M | $1.77M | $1.69M | $1.98M | $2.22M | $1.89M | $2.31M | $2.56M | $2.62M | $1.58M |
| Other Income/Expense | - | - | - | - | $36.00K | $37.00K | $36.00K | $33.00K | $34.00K | $109.00K | $134.00K | $-11.00K | $241.00K |
| Income Before Tax | $-62.47M | $-32.32M | $-21.88M | $-131.41M | $-59.57M | $54.27M | $72.71M | $-31.31M | $-64.32M | $-22.89M | $-61.30M | $-60.69M | $-17.67M |
| Income Tax Expense | $259.00K | $119.00K | $317.00K | $-2.32M | $-445.00K | $3.46M | $303.00K | $-1.51M | $127.00K | $2.06M | $221.00K | $-4.00M | $4.66M |
| Net Income | $-60.15M | $-30.40M | $-19.97M | $-124.21M | $-57.91M | $50.25M | $71.56M | $-29.40M | $-63.56M | $-24.61M | $-60.92M | $-56.13M | $-22.09M |
| Net Margin % | -22.6% | -10.1% | -7.2% | -45.1% | -20.9% | 15.9% | 23.5% | -9.2% | -18.5% | -6.5% | -18.5% | -17.7% | -6.7% |
| Basic EPS | -11.35 | -6.88 | -4.91 | -28.48 | -12.39 | 1.02 | 1.74 | -0.89 | -1.99 | -0.85 | -1.88 | -1.75 | -0.73 |
| Diluted EPS | -11.35 | -6.88 | -4.91 | -20.66 | -12.39 | 0.25 | 0.60 | -0.89 | -1.99 | -0.85 | -1.88 | -1.75 | -0.73 |
| Basic Shares Outstanding | 6.1M | 5.8M | 5.7M | 281K | 5.1M | 43.2M | 38.5M | 128K | 34.5M | 34.4M | 34.4M | 15K | 34.4M |
| Diluted Shares Outstanding | 6.1M | 5.9M | 5.7M | -14.1M | 5.1M | 189.4M | 116.7M | 128K | 34.5M | 34.4M | 34.4M | 15K | 34.4M |
| 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) |
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 | $81.90M | $99.97M | $85.79M | $112.91M | $119.66M | $121.77M | $111.06M | $165.23M | $184.18M | $251.55M | $344.94M | $417.06M | $505.53M |
| Inventory | $3.75M | $3.69M | $3.68M | $3.63M | $3.68M | $3.61M | $3.75M | $3.68M | $3.94M | $3.92M | $3.98M | $3.86M | $3.79M |
| Intangible Assets | - | - | $797.00K | $797.00K | $797.00K | $797.00K | $797.00K | $797.00K | $797.00K | $797.00K | $797.00K | $797.00K | $797.00K |
| Total Assets | $3.01B | $3.06B | $3.08B | $3.16B | $3.27B | $3.35B | $3.54B | $3.46B | $3.72B | $3.80B | $3.83B | $3.92B | $3.97B |
| Long-term Debt | $2.61B | $2.64B | $2.65B | $2.63B | $2.73B | $2.76B | $2.93B | $3.40B | $3.63B | $3.72B | $3.79B | $3.84B | $3.84B |
| Total Liabilities | $3.31B | $3.31B | $3.30B | $3.37B | $3.36B | $3.40B | $3.67B | $3.69B | $3.93B | $3.98B | $4.01B | $4.04B | $4.04B |
| Common Stock | $62.00K | $59.00K | $58.00K | $56.00K | $54.00K | $468.00K | $402.00K | $374.00K | $345.00K | $345.00K | $345.00K | $345.00K | $345.00K |
| Retained Earnings | $-2.95B | $-2.88B | $-2.84B | $-2.81B | $-2.68B | $-2.62B | $-2.66B | $-2.73B | $-2.70B | $-2.63B | $-2.60B | $-2.53B | $-2.47B |
| Total Stockholders Equity | $-548.74M | $-485.52M | $-446.11M | $-419.24M | $-288.37M | $-225.87M | $-276.80M | $-345.90M | $-311.15M | $-243.16M | $-214.38M | $-150.39M | $-90.74M |
| Total Liabilities & Equity | $3.01B | $3.06B | $3.08B | $3.16B | $3.27B | $3.35B | $3.54B | $3.46B | $3.72B | $3.80B | $3.83B | $3.92B | $3.97B |
| 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) |
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 | $-60.15M | $-50.37M | $-19.97M | $-124.21M | $-57.91M | $50.25M | $71.56M | $-29.40M | $-149.09M | $-24.61M | $-60.92M | $-56.13M | $-83.69M |
| Depreciation & Amortization | $107.20M | $72.61M | $37.34M | $37.30M | $115.47M | $77.73M | $40.54M | $46.84M | $140.96M | $95.01M | $47.85M | $49.35M | $152.44M |
| Stock-based Compensation | $-537.00K | $167.00K | $-54.00K | $566.00K | $1.53M | $1.29M | $564.00K | $-347.00K | $4.37M | $2.88M | $1.30M | $674.00K | $5.32M |
| Operating Cash Flow | $-3.16M | $-8.65M | $-24.99M | $14.10M | $-37.69M | $-38.49M | $-46.45M | $-21.66M | $36.05M | $35.29M | $4.62M | $-286.00K | $39.51M |
| Investing Cash Flow | $133.13M | $105.82M | $99.50M | $-20.58M | $211.86M | $233.33M | $-16.81M | $-23.84M | $-65.92M | $-49.63M | $-29.37M | $-42.00M | $-28.34M |
| Debt Repayment | $634.99M | $542.29M | $523.53M | $51.85M | $336.49M | $316.42M | $22.05M | $54.01M | $342.94M | $257.47M | $50.84M | $1.58M | $49.33M |
| Stock Issued | - | - | - | $-63.00K | $8.85M | $7.75M | $2.04M | $1.03M | - | - | - | - | - |
| Stock Repurchased | $4.00K | $4.00K | - | - | $49.00K | $49.00K | - | - | $90.00K | $90.00K | $7.00K | - | $316.00K |
| Dividends Paid | $17.73M | $11.61M | $5.65M | $5.67M | $14.70M | $9.47M | $4.59M | $4.29M | $10.65M | $6.67M | $3.16M | $3.11M | $9.31M |
| Financing Cash Flow | $-101.62M | $-61.79M | $-70.01M | $-6.99M | $-251.76M | $-260.10M | $133.00K | $111.00K | $-172.24M | $-123.16M | $-45.52M | $-36.28M | $-65.23M |
| Net Change in Cash | $28.36M | $35.38M | $4.50M | $-13.47M | $-77.59M | $-65.26M | $-63.13M | $-45.38M | - | - | $-70.27M | $-78.56M | $-54.06M |
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 | $266.06M | $276.60M | $845.42M | $896.98M |
| Cost of Revenue | $193.27M | $194.83M | $580.58M | $613.17M |
| Operating Expenses | $280.30M | $267.55M | $807.33M | $839.97M |
| Operating Income | $12.22M | $20.17M | $123.05M | $308.17M |
| Interest Expense | $62.88M | $66.83M | $200.37M | $209.20M |
| Interest Income | $1.20M | $1.77M | $3.67M | $5.44M |
| Other Income/Expense | - | $36.00K | - | $108.00K |
| Income Before Tax | $-62.47M | $-59.57M | $-116.67M | $67.40M |
| Income Tax Expense | $259.00K | $-445.00K | $695.00K | $3.31M |
| Net Income | $-60.15M | $-57.91M | $-110.52M | $63.91M |
| Basic EPS | -11.35 | -12.39 | -23.38 | 10.94 |
| Diluted EPS | -11.35 | -12.39 | -23.38 | 3.12 |
| Basic Shares Outstanding | $6.08M | $5.10M | $5.85M | $4.42M |
| Diluted Shares Outstanding | $6.08M | $5.10M | $5.85M | $18.77M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $81.90M | $112.91M |
| Inventory | $3.75M | $3.63M |
| Total Assets | $3.01B | $3.16B |
| Long-term Debt | $2.61B | $2.63B |
| Total Liabilities | $3.31B | $3.37B |
| Common Stock | $62.00K | $56.00K |
| Retained Earnings | $-2.95B | $-2.81B |
| Total Stockholders Equity | $-548.74M | $-419.24M |
| Total Liabilities & Equity | $3.01B | $3.16B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-60.15M | $-57.91M | $-110.52M | $63.91M |
| Depreciation & Amortization | $34.59M | $37.74M | $107.20M | $115.47M |
| Stock-based Compensation | - | - | $-537.00K | $1.53M |
| Operating Cash Flow | - | - | $-3.16M | $-37.69M |
| Investing Cash Flow | - | - | $133.13M | $211.86M |
| Debt Repayment | - | - | $634.99M | $336.49M |
| Stock Issued | - | - | - | $8.85M |
| Stock Repurchased | - | - | $4.00K | $49.00K |
| Dividends Paid | - | - | $17.73M | $14.70M |
| Financing Cash Flow | - | - | $-101.62M | $-251.76M |
| Net Change in Cash | - | - | $28.36M | $-77.59M |
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.