$351.68M
Revenue
$-11.66M
Net Income
67.86%
Gross Margin
-4.51%
Op. Margin
$44.04M
Free Cash Flow
| Breakdown | TTM (Sep 30, 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) |
|---|---|---|---|---|---|---|
| Total Revenue | $351.68M | $330.37M | $303.71M | $276.14M | $251.42M | $252.42M |
| Revenue Growth % | 6.5% | 8.8% | 10.0% | 9.8% | -0.4% | nan% |
| Cost of Revenue | $113.05M | $113.33M | $115.31M | $110.08M | $104.92M | $104.63M |
| Gross Profit | $238.64M | $217.04M | $188.40M | $166.06M | $146.50M | $147.79M |
| Gross Margin % | 67.9% | 65.7% | 62.0% | 60.1% | 58.3% | 58.5% |
| Operating Income | $-15.86M | $-19.02M | $-50.60M | $-78.09M | $-74.34M | $-66.08M |
| Operating Margin % | -4.5% | -5.8% | -16.7% | -28.3% | -29.6% | -26.2% |
| Interest Expense | - | $6.30M | $4.63M | $4.94M | $4.99M | $1.68M |
| Other Income/Expense | $11.50M | $4.46M | $1.06M | $3.08M | $308.00K | $897.00K |
| Income Before Tax | $-9.85M | $-19.16M | $-55.42M | $-81.31M | $-80.34M | $-76.31M |
| Income Tax Expense | $1.81M | $1.31M | $933.00K | $932.00K | $870.00K | $676.00K |
| Net Income | $-11.66M | $-20.48M | $-56.35M | $-82.25M | $-81.21M | $-76.98M |
| Net Margin % | -3.3% | -6.2% | -18.6% | -29.8% | -32.3% | -30.5% |
| Breakdown | 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) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $161.98M | $168.75M | $203.63M | $227.55M | $329.13M |
| Accounts Receivable | $64.98M | $49.06M | $48.18M | $40.58M | $49.58M |
| Other Current Assets | $7.52M | $12.01M | $9.44M | $9.62M | $9.65M |
| Total Current Assets | $239.12M | $234.67M | $267.28M | $283.53M | $394.30M |
| Property Plant & Equipment | $19.75M | $23.05M | $25.01M | $30.96M | $36.50M |
| Goodwill | $107.28M | $107.86M | $107.56M | $108.13M | $50.04M |
| Intangible Assets | $7.04M | $11.68M | $17.85M | $27.62M | $8.34M |
| Other Non-current Assets | $9.14M | $9.48M | $9.01M | $9.00M | $7.55M |
| Total Assets | $419.90M | $421.83M | $452.95M | $494.48M | $539.97M |
| Accounts Payable | $8.59M | $3.03M | $7.96M | $4.03M | $4.25M |
| Accrued Liabilities | $14.09M | $13.26M | $12.85M | $12.63M | $13.06M |
| Deferred Revenue | $130.98M | $120.95M | $108.66M | $97.71M | $99.16M |
| Total Current Liabilities | $187.00M | $197.33M | $160.94M | $154.83M | $147.92M |
| Other Non-current Liabilities | $1.50M | $1.26M | $1.23M | $1.20M | $1.52M |
| Total Liabilities | $488.61M | $499.71M | $488.43M | $490.90M | $422.93M |
| Common Stock | $52.00K | $51.00K | $50.00K | $49.00K | $48.00K |
| Retained Earnings | $-667.73M | $-647.25M | $-590.90M | $-508.65M | $-438.77M |
| Treasury Stock | $29.85M | $29.85M | $29.85M | $29.85M | $29.85M |
| Total Stockholders Equity | $-68.70M | $-77.87M | $-35.47M | $3.58M | $117.04M |
| Total Liabilities & Equity | $419.90M | $421.83M | $452.95M | $494.48M | $539.97M |
| Breakdown | TTM (Sep 30, 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) |
|---|---|---|---|---|---|---|
| Net Income | $-15.35M | $-20.48M | $-56.35M | $-82.25M | $-81.21M | $-76.98M |
| Depreciation & Amortization | $13.10M | $8.30M | $10.71M | $14.97M | $12.06M | $14.33M |
| Stock-based Compensation | $80.36M | $40.75M | $42.36M | $42.71M | $35.08M | $24.40M |
| Deferred Income Tax | - | $-11.00K | $-63.00K | - | - | - |
| Change in Payables | $-6.49M | $6.13M | $-5.04M | $3.96M | $-515.00K | $-4.82M |
| Operating Cash Flow | $45.46M | $27.38M | $9.88M | $-23.91M | $-18.55M | $-49.39M |
| Capital Expenditure | $1.42M | $1.17M | $2.54M | $861.00K | $2.80M | $28.49M |
| Acquisitions | - | - | - | - | $79.48M | - |
| Investing Cash Flow | $-946.00K | $-1.22M | $-2.70M | $-1.14M | $-85.17M | $-30.46M |
| Stock Issued | - | - | - | - | - | - |
| Financing Cash Flow | $22.58M | $-32.34M | $-32.36M | $1.07M | $2.47M | $102.91M |
| Net Change in Cash | $62.85M | $-6.76M | $-24.88M | $-23.93M | $-101.58M | $23.06M |
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 | $91.68M | - | $266.71M | - |
| Cost of Revenue | $28.54M | - | $85.67M | - |
| Gross Profit | $63.14M | - | $181.05M | - |
| Operating Income | $-2.87M | - | $-14.29M | - |
| Other Income/Expense | $1.12M | - | $10.36M | - |
| Income Before Tax | $-3.76M | - | $-8.30M | - |
| Income Tax Expense | $488.00K | - | $1.39M | - |
| Net Income | $-4.25M | - | $-9.69M | - |
| Basic EPS | -0.09 | - | -0.20 | - |
| Diluted EPS | -0.09 | - | -0.24 | - |
| Basic Shares Outstanding | $48.20M | - | $47.92M | - |
| Diluted Shares Outstanding | $48.20M | - | $50.59M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $188.40M | $161.98M |
| Accounts Receivable | $62.02M | $64.98M |
| Other Current Assets | $10.34M | $7.52M |
| Total Current Assets | $275.75M | $239.12M |
| Property Plant & Equipment | $17.75M | $19.75M |
| Goodwill | $108.94M | $107.28M |
| Intangible Assets | $4.17M | $7.04M |
| Other Non-current Assets | $8.76M | $9.14M |
| Total Assets | $444.93M | $419.90M |
| Accounts Payable | $5.80M | $8.59M |
| Accrued Liabilities | $16.79M | $14.09M |
| Deferred Revenue | $127.43M | $130.98M |
| Total Current Liabilities | $176.41M | $187.00M |
| Other Non-current Liabilities | $1.74M | $1.50M |
| Total Liabilities | $521.11M | $488.61M |
| Common Stock | $53.00K | $52.00K |
| Retained Earnings | $-677.42M | $-667.73M |
| Treasury Stock | $29.85M | $29.85M |
| Total Stockholders Equity | $-76.18M | $-68.70M |
| Total Liabilities & Equity | $444.93M | $419.90M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-4.25M | - | $-9.69M | - |
| Depreciation & Amortization | - | - | $5.58M | - |
| Stock-based Compensation | - | - | $36.48M | - |
| Change in Payables | - | - | $-3.64M | - |
| Operating Cash Flow | - | - | $15.80M | - |
| Capital Expenditure | - | - | $674.00K | - |
| Investing Cash Flow | - | - | $-556.00K | - |
| Financing Cash Flow | - | - | $13.01M | - |
| Net Change in Cash | - | - | $26.42M | - |
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.