$6.84B
Revenue
$-279.35M
Net Income
-
Gross Margin
-3.58%
Op. Margin
$62.16M
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
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 | $2.19B | $2.73B | $1.91B | $13.51M | $14.74M | $13.15M | $14.54M | $14.44M | $14.71M | $13.42M | $13.26M | $13.13M | $12.41M | $10.92M |
| Revenue Growth % (YoY) | 14782.3% | 20639.6% | 13011.4% | -6.4% | 0.2% | -2.0% | 9.7% | 10.0% | 18.6% | 23.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $1.66B | $2.09B | $1.50B | $8.12M | $8.71M | $7.71M | $8.74M | $8.78M | $8.99M | $8.07M | $8.07M | $7.77M | $7.71M | $6.49M |
| Gross Profit | $529.90M | $635.80M | $401.70M | - | $6.10M | - | - | $5.66M | $5.72M | $5.35M | $5.19M | $5.36M | $4.70M | $4.43M |
| Gross Margin % | 24.2% | 23.3% | 21.1% | nan% | 41.4% | nan% | nan% | 39.2% | 38.9% | 39.9% | 39.1% | 40.8% | 37.9% | 40.6% |
| Operating Expenses | $599.40M | $610.00M | $563.80M | $44.67M | $39.14M | $39.27M | $10.10M | $5.43M | $5.30M | $4.92M | $4.73M | $4.99M | $4.87M | $4.55M |
| Selling General & Admin | $441.10M | $452.50M | $456.80M | $44.42M | $38.90M | $39.02M | $9.84M | - | $5.08M | - | - | - | - | - |
| Operating Income | $-69.50M | $25.80M | $-162.10M | $-39.29M | $-33.10M | $-33.83M | $-4.30M | $227.69K | $421.00K | $427.45K | $456.26K | $369.54K | $-168.81K | $-117.61K |
| Operating Margin % | -3.2% | 0.9% | -8.5% | -290.8% | -224.5% | -257.1% | -29.6% | 1.6% | 2.9% | 3.2% | 3.4% | 2.8% | -1.4% | -1.1% |
| Interest Expense | $95.60M | $42.40M | $22.50M | $6.00K | $6.00K | $57.00K | $23.00K | $20.06K | $13.34K | $7.65K | $17.42K | $17.25K | $22.68K | $23.69K |
| Other Income/Expense | $2.40M | $1.40M | $1.70M | $56.55M | $61.37M | $56.99M | $3.47M | $-20.06K | $-13.34K | $-2.99M | $-17.42K | $-17.25K | $-22.68K | $-23.69K |
| Income Before Tax | $-107.50M | $-10.50M | $-236.30M | $17.27M | $28.21M | - | - | $207.63K | $407.66K | $-2.57M | $438.84K | $352.28K | $-191.49K | $-141.30K |
| Income Tax Expense | $-17.30M | $128.90M | $-177.80M | $8.51M | $16.98M | $6.03M | $-240.00K | $69.54K | $-11.57K | $-456.12K | $95.48K | $74.79K | $-171.93K | $-7.06K |
| Net Income | $-90.20M | $-139.40M | $-58.50M | $8.76M | $11.29M | $17.13M | $-591.00K | $138.09K | $419.23K | $-2.11M | $343.36K | $277.49K | $-19.56K | $-134.24K |
| Net Margin % | -4.1% | -5.1% | -3.1% | 64.8% | 76.6% | 130.2% | -4.1% | 1.0% | 2.9% | -15.7% | 2.6% | 2.1% | -0.2% | -1.2% |
| Basic EPS | -0.17 | -0.24 | -0.15 | -0.03 | -0.01 | -0.01 | -9.93 | nan | 0.08 | -0.40 | 0.07 | nan | 0.00 | -0.03 |
| Diluted EPS | -0.17 | -0.24 | -0.15 | -0.03 | -0.01 | -0.01 | -9.93 | nan | 0.08 | -0.40 | 0.07 | nan | 0.00 | -0.03 |
| Basic Shares Outstanding | - | 715.3M | 564.7M | 451.4M | 83.1M | 358.8M | 664K | 5.3M | 3K | 5.3M | 5.3M | 5.3M | 31K | 5.1M |
| Diluted Shares Outstanding | - | 715.3M | 564.7M | 451.4M | 83.1M | 358.8M | 664K | 5.3M | 3K | 5.3M | 5.3M | 5.3M | 31K | 5.1M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
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 | $2.36B | $2.31B | $2.28B | $5.08B | $5.07B | $5.04B | $971.28M | $6.28M | $6.14M | $6.88M | $7.13M | $6.88M | $8.01M | $7.23M |
| Accounts Receivable | $1.15B | $1.56B | $1.58B | $3.24M | $2.74M | $2.24M | $3.02M | $2.66M | $2.97M | $2.69M | $2.23M | $2.23M | $2.23M | $2.25M |
| Inventory | $1.50B | $1.66B | $1.85B | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | $83.70M | $86.80M | $99.50M | $19.14M | $18.34M | $16.29M | $5.54M | $1.64M | $1.75M | $1.11M | $1.53M | $1.74M | $1.57M | $1.02M |
| Total Current Assets | $5.55B | $6.22B | $6.49B | $5.10B | $5.09B | $5.06B | $979.84M | $12.53M | $11.80M | $11.04M | $13.43M | $13.58M | $13.70M | $12.01M |
| Property Plant & Equipment | - | - | - | - | - | - | - | $496.94K | $503.35K | $532.84K | $557.10K | $623.75K | $711.31K | $806.44K |
| Goodwill | $5.11B | $5.07B | $5.14B | $1.16M | $1.16M | $1.16M | $1.14M | $1.14M | $1.14M | $1.14M | $1.14M | $1.14M | $1.14M | $1.01M |
| Intangible Assets | $3.82B | $3.94B | $4.00B | $4.46M | $4.02M | $4.25M | $4.49M | $4.71M | $4.92M | $3.78M | $3.94M | $4.10M | $4.27M | $4.56M |
| Other Non-current Assets | $32.40M | $30.80M | $34.10M | $182.00K | $192.00K | $202.00K | $216.00K | $171.45K | $171.45K | $180.63K | $187.55K | $187.55K | $187.55K | $187.55K |
| Total Assets | $15.89B | $16.64B | $17.11B | $5.11B | $5.10B | $5.06B | $988.18M | $20.86M | $20.50M | $18.39M | $20.60M | $21.10M | $21.44M | $19.98M |
| Accounts Payable | $819.00M | $1.28B | $1.43B | $5.84M | $6.19M | $3.86M | $6.19M | $4.87M | $4.56M | $3.50M | $2.82M | $2.85M | $3.27M | $2.55M |
| Accrued Liabilities | $574.30M | $601.20M | $585.70M | $43.95M | $35.69M | $12.49M | $5.40M | $2.34M | $2.65M | $2.83M | $2.18M | $2.21M | $2.43M | $2.13M |
| Deferred Revenue | - | - | - | - | $2.90M | $2.87M | $3.11M | $3.64M | $3.16M | $3.35M | $3.36M | $3.98M | $3.76M | $3.13M |
| Total Current Liabilities | $1.55B | $2.03B | $2.17B | $53.59M | $45.10M | $19.55M | $15.85M | $11.97M | $11.52M | $10.55M | $9.47M | $10.22M | $10.75M | $9.08M |
| Long-term Debt | $3.06B | $3.05B | $3.05B | - | - | - | $693.00K | $843.72K | $994.27K | $381.35K | $451.67K | $551.34K | $671.01K | $795.21K |
| Deferred Tax Liabilities | $847.20M | $962.30M | $1.04B | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-current Liabilities | $25.50M | $25.40M | $28.80M | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $6.18B | $6.82B | $7.20B | $53.78M | $45.36M | $19.89M | $16.95M | $13.25M | $13.02M | $11.33M | $10.39M | $11.23M | $11.89M | $10.45M |
| Common Stock | - | - | - | $4.00K | $4.00K | $4.00K | - | $53.00 | $53.00 | $53.00 | $53.00 | $53.00 | $53.00 | $52.00 |
| Retained Earnings | $-394.50M | $-273.90M | $-104.10M | $-19.97M | $-6.23M | $4.98M | $-2.40M | $-1.81M | $-1.95M | $-2.37M | $-255.74K | $-599.10K | $-876.59K | $-857.03K |
| Total Stockholders Equity | $9.71B | $9.82B | $9.92B | $5.06B | $5.05B | $5.04B | $971.24M | $7.61M | $7.47M | $7.05M | $10.21M | $9.87M | $9.55M | $9.53M |
| Total Liabilities & Equity | $15.89B | $16.64B | $17.11B | $5.11B | $5.10B | $5.06B | $988.18M | $20.86M | $20.50M | $18.39M | $20.60M | $21.10M | $21.44M | $19.98M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
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 | $-90.20M | $-139.40M | $-58.50M | $8.76M | $11.29M | $16.68M | $-591.00K | $138.09K | $419.23K | $-1.49M | $343.36K | $277.49K | $-19.56K | $-134.24K |
| Depreciation & Amortization | $41.40M | $39.70M | $27.20M | $251.00K | $243.00K | $245.00K | $501.00K | $66.94K | $75.51K | $253.38K | $178.07K | $92.54K | $95.13K | $291.72K |
| Stock-based Compensation | $28.20M | $116.30M | $85.20M | $20.26M | $20.53M | $13.98M | - | - | - | $41.50K | - | $41.50K | $44.19K | $136.07K |
| Deferred Income Tax | $-85.70M | $24.70M | $21.90M | - | $-1.16M | - | $-171.00K | - | $-102.00K | - | - | - | - | - |
| Change in Receivables | $-389.20M | $229.40M | $226.10M | $517.00K | $525.00K | $-708.00K | $71.00K | $-306.95K | $348.91K | $406.91K | $-73.06K | $22.91K | $20.02K | $446.08K |
| Change in Inventory | $-125.90M | $-161.90M | $15.60M | - | - | - | - | - | - | - | - | - | - | - |
| Change in Payables | - | - | - | $-357.00K | $2.33M | $-702.00K | $1.63M | $310.47K | $1.06M | $229.39K | $-451.96K | $-425.99K | $726.44K | $508.09K |
| Operating Cash Flow | $186.60M | $74.80M | $-137.70M | $36.50M | $53.96M | $30.92M | $-683.00K | $365.51K | $-233.92K | $817.72K | $-323.79K | $-783.06K | $911.09K | $1.13M |
| Capital Expenditure | $28.40M | $49.80M | $19.70M | $146.00K | $38.00K | $64.00K | $62.00K | $60.52K | $46.02K | $74.91K | $23.86K | $4.98K | $1.00 | $38.74K |
| Acquisitions | - | $10.56B | $10.56B | - | - | - | - | - | - | - | - | - | - | - |
| Investing Cash Flow | $-25.90M | $-10.60B | $-10.58B | $-805.00K | $-38.00K | $-64.00K | $-62.00K | $-60.52K | $-324.51K | $-74.91K | $-23.86K | $-4.98K | $-1.00 | $-188.74K |
| Debt Repayment | - | - | - | - | - | $1.70M | $219.00K | $119.67K | $20.86K | $659.28K | $422.42K | $289.29K | $-28.17K | $344.31K |
| Stock Issued | $400.00K | $18.50M | $14.30M | - | - | - | - | - | - | - | - | - | - | - |
| Dividends Paid | - | - | - | - | - | $17.40M | $17.40M | - | - | $1.05M | - | - | - | - |
| Financing Cash Flow | $-105.80M | $7.77B | $7.92B | $-22.53M | $-22.53M | $5.00B | $965.89M | $-168.72K | $-177.79K | $-1.87M | $-531.21K | $-344.81K | $-134.61K | $-520.52K |
| Net Change in Cash | $54.70M | $-2.76B | $-2.79B | $13.17M | $31.33M | $5.03B | $965.14M | - | - | - | - | - | - | - |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.