$718.95M
Revenue
$-38.55M
Net Income
89.63%
Gross Margin
-8.66%
Op. Margin
$164.62M
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) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $211.57M | $192.10M | $165.45M | $149.82M | $174.16M | $175.69M | $168.32M |
| Revenue Growth % (YoY) | 21.5% | 9.3% | -1.7% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $23.01M | $18.96M | $16.83M | $15.76M | $26.10M | $17.58M | $17.92M |
| Gross Profit | $188.56M | $173.14M | $148.63M | $134.06M | $148.06M | $158.11M | $150.41M |
| Gross Margin % | 89.1% | 90.1% | 89.8% | 89.5% | 85.0% | 90.0% | 89.4% |
| Operating Expenses | $215.51M | $252.33M | $153.31M | $160.08M | $152.75M | $134.84M | $145.76M |
| Research & Development | $27.83M | $29.37M | $22.11M | $26.93M | $28.65M | $29.04M | $26.18M |
| Selling General & Admin | $122.39M | $179.68M | $93.55M | $89.94M | $79.41M | $69.75M | $85.90M |
| Operating Income | $-3.94M | $-60.23M | $12.14M | $-10.26M | $21.41M | $40.84M | $22.57M |
| Operating Margin % | -1.9% | -31.4% | 7.3% | -6.8% | 12.3% | 23.2% | 13.4% |
| Interest Expense | - | - | - | - | - | - | - |
| Other Income/Expense | $2.02M | $2.28M | $4.53M | $4.42M | $4.98M | $4.10M | $3.73M |
| Income Before Tax | $-1.91M | $-57.95M | $16.67M | $-5.83M | $26.38M | $44.94M | $26.30M |
| Income Tax Expense | $2.19M | $-12.84M | $-5.83M | $6.00M | $11.05M | $6.45M | $6.39M |
| Net Income | $-4.11M | $-45.12M | $22.50M | $-11.83M | $15.33M | $38.50M | $19.92M |
| Net Margin % | -1.9% | -23.5% | 13.6% | -7.9% | 8.8% | 21.9% | 11.8% |
| Basic EPS | -0.07 | -0.80 | 0.40 | -0.21 | 0.28 | 0.70 | 0.36 |
| Diluted EPS | -0.07 | -0.80 | 0.40 | -0.21 | 0.27 | 0.69 | 0.36 |
| Basic Shares Outstanding | - | 56.6M | 56.0M | 55.9M | 123K | 55.1M | 55.0M |
| Diluted Shares Outstanding | - | 56.6M | 56.6M | 55.9M | 167K | 56.0M | 55.7M |
| 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) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $128.45M | $151.37M | $144.71M | $115.85M | $69.33M | $31.67M | $52.09M |
| Accounts Receivable | $187.80M | $171.25M | $140.83M | $145.64M | $142.08M | $145.41M | $152.49M |
| Inventory | $112.48M | - | $44.02M | $49.42M | $54.29M | $63.98M | $68.16M |
| Other Current Assets | $65.33M | $62.08M | $31.42M | $28.93M | $36.09M | $27.40M | $23.17M |
| Total Current Assets | $644.18M | $593.89M | $738.87M | $687.58M | $686.07M | $640.00M | $591.00M |
| Property Plant & Equipment | $10.53M | $10.63M | $11.07M | $11.34M | $11.54M | $11.88M | $12.27M |
| Goodwill | $124.88M | $119.08M | $117.02M | $117.02M | $117.02M | $117.02M | $117.02M |
| Intangible Assets | $569.46M | $623.48M | $481.31M | $502.13M | $521.91M | $540.16M | $559.64M |
| Other Non-current Assets | $63.80M | $62.43M | $27.96M | $29.22M | $31.53M | $33.65M | $35.89M |
| Total Assets | $1.45B | $1.42B | $1.38B | $1.35B | $1.37B | $1.34B | $1.32B |
| Accounts Payable | $2.68M | - | - | - | $4.59M | - | - |
| Accrued Liabilities | $107.80M | - | - | - | $76.35M | - | - |
| Other Current Liabilities | $38.22M | $26.32M | $27.70M | $4.75M | - | - | $3.62M |
| Total Current Liabilities | $338.17M | $330.63M | $286.36M | $281.77M | $292.40M | $291.51M | $308.66M |
| Deferred Tax Liabilities | - | - | - | $981.00K | $4.96M | $7.36M | $11.44M |
| Other Non-current Liabilities | $22.19M | $7.82M | $7.76M | $7.46M | $7.60M | $7.35M | $7.29M |
| Total Liabilities | $390.93M | $370.09M | $318.50M | $316.58M | $332.34M | $335.55M | $358.38M |
| Common Stock | $57.00K | $57.00K | $56.00K | $56.00K | $56.00K | $55.00K | $55.00K |
| Retained Earnings | $517.88M | $521.98M | $567.10M | $544.60M | $556.43M | $541.10M | $502.60M |
| Total Stockholders Equity | $1.06B | $1.05B | $1.06B | $1.03B | $1.04B | $1.01B | $957.45M |
| Total Liabilities & Equity | $1.45B | $1.42B | $1.38B | $1.35B | $1.37B | $1.34B | $1.32B |
| 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) |
|---|---|---|---|---|---|---|---|
| Net Income | $-4.11M | $-45.12M | $22.50M | $-11.83M | $15.33M | $38.50M | $20.04M |
| Depreciation & Amortization | $25.02M | $66.55M | $41.74M | $20.38M | $18.84M | $61.57M | $41.47M |
| Stock-based Compensation | $9.65M | $23.40M | $15.57M | $8.07M | $7.63M | $20.12M | $12.45M |
| Deferred Income Tax | $19.00M | $-13.80M | $-11.15M | $-3.99M | $-72.00K | $-20.06M | $-13.60M |
| Change in Receivables | $16.42M | $5.88M | $-1.25M | $3.56M | $-3.33M | $1.25M | $8.34M |
| Change in Inventory | $4.18M | $3.32M | $-9.62M | $-4.73M | $-3.19M | $-12.62M | $-8.02M |
| Operating Cash Flow | $19.86M | $27.47M | $89.13M | $30.60M | $44.41M | $127.55M | $74.03M |
| Capital Expenditure | $427.00K | $911.00K | $782.00K | $327.00K | $213.00K | $512.00K | $312.00K |
| Acquisitions | - | $293.09M | - | - | - | - | - |
| Sales of Investments | $39.32M | $735.16M | $266.61M | $156.20M | $132.98M | $365.89M | $217.77M |
| Investing Cash Flow | $-51.31M | $55.42M | $6.71M | $37.32M | $-12.64M | $-177.23M | $-100.22M |
| Stock Issued | $8.56M | $29.06M | $5.32M | $2.04M | $6.88M | $8.03M | $4.57M |
| Financing Cash Flow | $8.53M | $604.00K | $-20.46M | $-21.40M | $5.89M | $6.30M | $3.23M |
| Net Change in Cash | $-22.92M | $83.49M | $75.38M | $46.52M | $37.66M | $-43.38M | $-22.96M |
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 | $192.10M | - | $507.38M | - |
| Cost of Revenue | $18.96M | - | $51.55M | - |
| Operating Expenses | $252.33M | - | $565.73M | - |
| Research & Development | $29.37M | - | $78.41M | - |
| Selling General & Admin | $179.68M | - | $363.17M | - |
| Operating Income | $-60.23M | - | $-58.35M | - |
| Other Income/Expense | $2.28M | - | $11.23M | - |
| Income Before Tax | $-57.95M | - | $-47.12M | - |
| Income Tax Expense | $-12.84M | - | $-12.67M | - |
| Net Income | $-45.12M | $19.92M | $-34.45M | - |
| Basic EPS | -0.80 | - | -0.61 | - |
| Diluted EPS | -0.80 | - | -0.61 | - |
| Basic Shares Outstanding | $56.55M | - | $56.13M | - |
| Diluted Shares Outstanding | $56.55M | - | $56.13M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $151.37M | $69.33M |
| Accounts Receivable | $171.25M | $142.08M |
| Other Current Assets | $62.08M | $36.09M |
| Total Current Assets | $593.89M | $686.07M |
| Property Plant & Equipment | $10.63M | $11.54M |
| Goodwill | $119.08M | $117.02M |
| Intangible Assets | $623.48M | $521.91M |
| Other Non-current Assets | $62.43M | $31.53M |
| Total Assets | $1.42B | $1.37B |
| Other Current Liabilities | $26.32M | - |
| Total Current Liabilities | $330.63M | $292.40M |
| Deferred Tax Liabilities | - | $4.96M |
| Other Non-current Liabilities | $7.82M | $7.60M |
| Total Liabilities | $370.09M | $332.34M |
| Common Stock | $57.00K | $56.00K |
| Retained Earnings | $521.98M | $556.43M |
| Total Stockholders Equity | $1.05B | $1.04B |
| Total Liabilities & Equity | $1.42B | $1.37B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-45.12M | $19.92M | $-34.45M | - |
| Depreciation & Amortization | - | - | $66.55M | - |
| Stock-based Compensation | - | - | $23.40M | - |
| Deferred Income Tax | - | - | $-13.80M | - |
| Change in Receivables | - | - | $5.88M | - |
| Change in Inventory | - | - | $3.32M | - |
| Operating Cash Flow | - | - | $27.47M | - |
| Capital Expenditure | - | - | $911.00K | - |
| Acquisitions | - | - | $293.09M | - |
| Sales of Investments | - | - | $735.16M | - |
| Investing Cash Flow | - | - | $55.42M | - |
| Stock Issued | - | - | $29.06M | - |
| Financing Cash Flow | - | - | $604.00K | - |
| Net Change in Cash | - | - | $83.49M | - |
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.