$6.84B
Revenue
$-279.35M
Net Income
-
Gross Margin
-3.58%
Op. Margin
$62.16M
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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $6.84B | $6.84B | $56.87M | $54.52M | $44.99M | $41.70M | $41.22M | $38.50M | $41.00M | $34.85M | $34.12M |
| Revenue Growth % | 0.0% | 11930.7% | 4.3% | 21.2% | 7.9% | 1.2% | 7.1% | -6.1% | 17.6% | 2.1% | nan% |
| Cost of Revenue | $5.27B | $5.27B | $33.94M | $32.90M | $27.02M | $24.49M | $24.64M | $23.82M | $24.08M | $20.99M | $21.39M |
| Gross Profit | - | $1.57B | $23.10M | $21.61M | $17.96M | $17.21M | $16.58M | $14.68M | $16.92M | $13.87M | $12.73M |
| Gross Margin % | nan% | 23.0% | 40.6% | 39.6% | 39.9% | 41.3% | 40.2% | 38.1% | 41.3% | 39.8% | 37.3% |
| Operating Expenses | $1.82B | $1.82B | $93.93M | $19.94M | $18.35M | $17.44M | $16.36M | $16.59M | $16.51M | $12.93M | $11.46M |
| Selling General & Admin | $1.39B | $1.39B | $92.94M | $22.10M | - | - | - | - | - | - | - |
| Operating Income | $-245.09M | $-245.20M | $-71.00M | $1.67M | $-385.38K | $-230.99K | $223.38K | $-1.91M | $412.76K | $939.26K | $1.27M |
| Operating Margin % | -3.6% | -3.6% | -124.8% | 3.1% | -0.9% | -0.6% | 0.5% | -5.0% | 1.0% | 2.7% | 3.7% |
| Interest Expense | $160.51M | $138.00M | $63.00K | $55.67K | $89.02K | $46.80K | $36.91K | $39.81K | $43.34K | $30.95K | $64.46K |
| Interest Income | - | $125.80M | $121.90M | - | - | - | - | - | - | - | - |
| Other Income/Expense | $62.05M | $5.50M | $121.81M | $-3.04M | $-89.02K | $274.56K | $-347.00 | $-15.81K | $-41.68K | $-31.70K | $-54.68K |
| Income Before Tax | $-337.03M | $-337.10M | $50.81M | $-1.37M | $-474.40K | $43.57K | $223.04K | $-1.92M | $371.08K | $907.56K | $1.21M |
| Income Tax Expense | $-57.69M | $-57.70M | $22.84M | $-297.42K | $-192.18K | $178.00K | $47.39K | $-455.01K | $108.65K | $1.39M | $-2.22M |
| Net Income | $-279.35M | $-279.40M | $27.97M | $-1.07M | $-282.22K | $-134.43K | $175.65K | $6.79M | $262.43K | $-486.47K | $3.44M |
| Net Margin % | -4.1% | -4.1% | 49.2% | -2.0% | -0.6% | -0.3% | 0.4% | 17.6% | 0.6% | -1.4% | 10.1% |
| Basic EPS | -0.59 | -0.63 | -0.11 | -0.20 | -0.05 | -0.03 | 0.04 | 1.51 | 0.06 | -0.11 | 0.78 |
| Diluted EPS | -0.59 | -0.63 | -0.11 | -0.20 | -0.05 | -0.03 | 0.04 | 1.51 | 0.06 | -0.11 | 0.77 |
| Basic Shares Outstanding | - | 613.0M | 204.0M | 5.3M | 5.2M | 5.0M | 4.5M | 4.5M | 4.5M | 4.5M | 4.4M |
| Diluted Shares Outstanding | - | 613.0M | 204.0M | 5.3M | 5.2M | 5.0M | 4.5M | 4.5M | 4.7M | 4.5M | 4.5M |
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $2.36B | $5.07B | $6.14M | $8.01M | $6.81M | $6.60M | $8.66M | $1.90M | $2.24M | $1.62M |
| Accounts Receivable | $1.15B | $2.74M | $2.97M | $2.23M | $1.93M | $1.58M | $2.53M | $2.38M | $2.34M | $2.50M |
| Inventory | $1.50B | - | - | - | - | - | - | - | - | - |
| Other Current Assets | $83.70M | $18.34M | $1.75M | $1.57M | $1.69M | $400.82K | $455.43K | $434.31K | $403.91K | $331.09K |
| Total Current Assets | $5.55B | $5.09B | $11.80M | $13.70M | $10.71M | $8.63M | $12.98M | $4.89M | $5.40M | $5.27M |
| Property Plant & Equipment | - | - | $503.35K | $711.31K | $636.90K | $523.04K | $712.63K | $688.12K | $567.53K | $466.20K |
| Goodwill | $5.11B | $1.16M | $1.14M | $1.14M | $1.01M | $1.01M | $891.00K | $885.00K | $401.00K | $401.00K |
| Intangible Assets | $3.82B | $4.02M | $4.92M | $4.27M | $3.49M | $3.13M | $2.61M | $3.95M | $2.64M | $2.43M |
| Other Non-current Assets | $32.40M | $192.00K | $171.45K | $187.55K | $190.81K | $198.73K | $192.16K | $39.79K | $36.31K | $28.89K |
| Total Assets | $15.89B | $5.10B | $20.50M | $21.44M | $18.00M | $15.90M | $18.95M | $11.74M | $10.41M | $10.66M |
| Accounts Payable | $819.00M | $6.19M | $4.56M | $3.27M | $2.04M | $1.88M | $2.21M | $2.03M | $2.09M | $1.82M |
| Accrued Liabilities | $574.30M | $35.69M | $2.65M | $2.43M | $1.74M | $1.33M | $1.19M | $1.79M | $1.07M | $823.59K |
| Deferred Revenue | - | $2.90M | $3.16M | $3.76M | $2.48M | $2.04M | $2.01M | $1.85M | $2.15M | $1.69M |
| Total Current Liabilities | $1.55B | $45.10M | $11.52M | $10.75M | $7.39M | $6.73M | $8.66M | $6.23M | $5.85M | $5.11M |
| Long-term Debt | $3.06B | - | $994.27K | $671.01K | $463.60K | $502.56K | $64.07K | $1.07M | $228.63K | $486.47K |
| Deferred Tax Liabilities | $847.20M | - | - | - | - | - | - | - | - | - |
| Other Non-current Liabilities | $25.50M | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $6.18B | $45.36M | $13.02M | $11.89M | $8.64M | $8.62M | $10.06M | $7.41M | $6.19M | $5.69M |
| Common Stock | - | $4.00K | $53.00 | $53.00 | $52.00 | $46.00 | $46.00 | $46.00 | $46.00 | $46.00 |
| Retained Earnings | $-394.50M | $-6.23M | $-1.95M | $-876.59K | $-594.37K | $-459.94K | $-635.58K | $-7.43M | $-7.69M | $-7.21M |
| Total Stockholders Equity | $9.71B | $5.05B | $7.47M | $9.55M | $9.36M | $7.28M | $8.89M | $4.33M | $4.23M | $4.97M |
| Total Liabilities & Equity | $15.89B | $5.10B | $20.50M | $21.44M | $18.00M | $15.90M | $18.95M | $11.74M | $10.41M | $10.66M |
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-279.35M | $-279.40M | $27.97M | $-1.07M | $-282.22K | $-134.43K | $175.65K | $6.79M | $262.43K | $-486.47K | $3.44M |
| Depreciation & Amortization | $108.55M | $108.40M | $989.00K | $328.89K | $386.85K | $346.20K | $314.37K | $338.10K | $326.29K | $255.36K | $232.32K |
| Stock-based Compensation | $249.96M | $144.50M | $34.51M | $41.50K | $180.26K | $441.31K | $10.19K | $16.91K | $73.31K | $101.69K | $42.80K |
| Deferred Income Tax | $-39.10M | $-61.00M | $-1.16M | $-338.00K | - | - | - | - | - | - | - |
| Change in Receivables | $66.82M | $-159.80M | $-183.00K | $755.82K | $466.10K | $301.93K | $-977.45K | $605.61K | $137.69K | $-120.99K | $24.32K |
| Change in Inventory | - | $-287.80M | - | - | - | - | - | - | - | - | - |
| Change in Payables | - | - | $1.63M | $1.29M | $1.23M | $162.91K | $-335.50K | $182.40K | $-66.08K | $272.23K | $227.97K |
| Operating Cash Flow | $160.20M | $261.40M | $84.88M | $583.80K | $2.04M | $226.03K | $1.73M | - | $1.29M | $2.31M | $1.79M |
| Capital Expenditure | $98.05M | $78.20M | $102.00K | $120.93K | $38.74K | $114.76K | $124.78K | $70.67K | $146.00K | $241.23K | $184.80K |
| Acquisitions | - | $10.56B | - | - | - | - | - | - | - | - | - |
| Investing Cash Flow | $-21.21B | $-10.63B | $-102.00K | $-399.42K | $-188.74K | $-510.46K | $839.81K | - | $-1.06M | $-815.51K | $-496.72K |
| Debt Repayment | - | - | $1.70M | $680.14K | $316.14K | $213.52K | $141.01K | $206.76K | $347.00K | $306.68K | $300.03K |
| Stock Issued | - | $18.90M | - | - | - | - | - | - | - | - | - |
| Stock Repurchased | - | - | - | - | - | - | - | - | $3.66K | - | - |
| Dividends Paid | - | - | $17.40M | $1.05M | - | $3.08M | $4.05M | $225.04K | - | $359.01K | $264.70K |
| Financing Cash Flow | $15.56B | $7.66B | $4.98B | $-2.05M | $-655.13K | $503.13K | $-4.63M | $-870.17K | $-565.51K | $-879.02K | $-869.71K |
| Net Change in Cash | $-5.48B | $-2.71B | $5.07B | - | - | - | - | - | $-334.49K | $614.30K | $427.74K |
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 | $2.73B | $13.10M | $4.65B | $42.10M |
| Cost of Revenue | $2.09B | $7.60M | $3.61B | $25.10M |
| Gross Profit | $635.80M | $5.50M | $1.04B | $17.00M |
| Operating Expenses | $610.00M | $39.20M | $1.22B | $54.80M |
| Selling General & Admin | $452.50M | $39.00M | $953.70M | $54.00M |
| Operating Income | $25.80M | $-33.70M | $-175.70M | $-37.80M |
| Interest Expense | - | - | $42.40M | $100.00K |
| Other Income/Expense | $1.40M | - | $3.10M | - |
| Income Before Tax | $-10.50M | $23.30M | $-229.60M | $22.60M |
| Income Tax Expense | $128.90M | $6.10M | $-40.40M | $5.90M |
| Net Income | $-139.40M | $17.20M | $-189.20M | $16.70M |
| Basic EPS | -0.24 | -0.01 | -0.46 | -0.10 |
| Diluted EPS | -0.24 | -0.01 | -0.46 | -0.10 |
| Basic Shares Outstanding | $715.30M | $358.80M | $578.10M | $120.90M |
| Diluted Shares Outstanding | $715.30M | $358.80M | $578.10M | $120.90M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.31B | $5.07B |
| Accounts Receivable | $1.56B | $2.70M |
| Inventory | $1.66B | - |
| Other Current Assets | $86.80M | $18.40M |
| Total Current Assets | $6.22B | $5.09B |
| Goodwill | $5.07B | $1.20M |
| Intangible Assets | $3.94B | $4.00M |
| Other Non-current Assets | $30.80M | $200.00K |
| Total Assets | $16.64B | $5.10B |
| Accounts Payable | $1.28B | $6.20M |
| Accrued Liabilities | $601.20M | $38.60M |
| Total Current Liabilities | $2.03B | $45.10M |
| Long-term Debt | $3.05B | - |
| Deferred Tax Liabilities | $962.30M | - |
| Other Non-current Liabilities | $25.40M | - |
| Total Liabilities | $6.82B | $45.40M |
| Common Stock | - | - |
| Retained Earnings | $-273.90M | $-6.20M |
| Total Stockholders Equity | $9.82B | $5.05B |
| Total Liabilities & Equity | $16.64B | $5.10B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-139.40M | $17.20M | $-189.20M | $16.70M |
| Depreciation & Amortization | $39.70M | - | $67.00M | $200.00K |
| Stock-based Compensation | - | - | $116.30M | $14.00M |
| Deferred Income Tax | - | - | $24.70M | - |
| Change in Receivables | - | - | $229.40M | $-700.00K |
| Change in Inventory | - | - | $-161.90M | - |
| Operating Cash Flow | - | - | $74.80M | $30.90M |
| Capital Expenditure | - | - | $49.80M | $100.00K |
| Acquisitions | - | - | $10.56B | - |
| Investing Cash Flow | - | - | $-10.60B | $-100.00K |
| Stock Issued | - | - | $18.50M | - |
| Dividends Paid | - | - | - | $17.40M |
| Financing Cash Flow | - | - | $7.77B | $5.00B |
| Net Change in Cash | - | - | $-2.76B | $5.03B |
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.