$351.68M
Revenue
$-11.66M
Net Income
67.86%
Gross Margin
-4.51%
Op. Margin
$44.04M
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 | $91.68M | $88.72M | $86.32M | $84.97M | $82.70M | $82.01M | $80.69M | $77.48M | $77.25M | $75.79M | $73.18M | $70.94M | $70.35M |
| Revenue Growth % (YoY) | 10.9% | 8.2% | 7.0% | 9.7% | 7.1% | 8.2% | 10.3% | 9.2% | 9.8% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $28.54M | $29.20M | $27.93M | $27.38M | $28.30M | $28.82M | $28.83M | $28.74M | $28.46M | $28.57M | $29.54M | $27.47M | $27.61M |
| Gross Profit | $63.14M | $59.52M | $58.39M | $57.59M | $54.40M | $53.19M | $51.85M | $48.75M | $48.79M | $47.22M | $43.64M | $43.47M | $42.74M |
| Gross Margin % | 68.9% | 67.1% | 67.6% | 67.8% | 65.8% | 64.9% | 64.3% | 62.9% | 63.2% | 62.3% | 59.6% | 61.3% | 60.8% |
| Operating Income | $-2.87M | $-7.60M | $-3.83M | $-1.57M | $31.00K | $-7.18M | $-10.30M | $-10.61M | $-7.84M | $-13.36M | $-18.80M | $-14.87M | $-16.18M |
| Operating Margin % | -3.1% | -8.6% | -4.4% | -1.8% | 0.0% | -8.8% | -12.8% | -13.7% | -10.2% | -17.6% | -25.7% | -21.0% | -23.0% |
| Other Income/Expense | $1.12M | $7.33M | $1.91M | $1.15M | $1.53M | $1.32M | $458.00K | $2.11M | $-4.29M | $1.79M | $1.45M | $-654.00K | $4.16M |
| Income Before Tax | $-3.76M | $-1.50M | $-3.04M | $-1.55M | $441.00K | $-7.01M | $-11.05M | $-9.73M | $-13.63M | $-13.14M | $-18.92M | $-17.10M | $-13.60M |
| Income Tax Expense | $488.00K | $255.00K | $648.00K | $420.00K | $206.00K | $377.00K | $311.00K | $462.00K | $241.00K | $149.00K | $81.00K | $244.00K | $254.00K |
| Net Income | $-4.25M | $-1.76M | $-3.69M | $-1.97M | $235.00K | $-7.39M | $-11.36M | $-10.20M | $-13.87M | $-13.29M | $-19.00M | $-17.35M | $-13.85M |
| Net Margin % | -4.6% | -2.0% | -4.3% | -2.3% | 0.3% | -9.0% | -14.1% | -13.2% | -18.0% | -17.5% | -26.0% | -24.5% | -19.7% |
| Basic EPS | -0.09 | -0.04 | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan |
| Diluted EPS | -0.09 | -0.10 | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan |
| Basic Shares Outstanding | 48.2M | 47.9M | 47.6M | - | 47.2M | 47.1M | 46.8M | - | 46.2M | 46.1M | 45.9M | - | 45.3M |
| Diluted Shares Outstanding | 48.2M | 51.5M | - | - | 47.3M | - | - | - | - | - | - | - | - |
| 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 | $188.40M | $178.96M | $160.02M | $161.98M | $140.56M | $139.09M | $156.42M | $168.75M | $159.08M | $184.57M | $192.38M | $203.63M | $206.82M |
| Accounts Receivable | $62.02M | $65.17M | $68.94M | $64.98M | $48.23M | $47.71M | $51.03M | $49.06M | $49.69M | $54.16M | $45.79M | $48.18M | $45.92M |
| Other Current Assets | $10.34M | $12.17M | $10.35M | $7.52M | $10.78M | $11.82M | $10.81M | $12.01M | $10.45M | $11.41M | $12.15M | $9.44M | $11.71M |
| Total Current Assets | $275.75M | $261.21M | $244.06M | $239.12M | $204.02M | $203.05M | $222.91M | $234.67M | $225.52M | $256.36M | $256.75M | $267.28M | $270.39M |
| Property Plant & Equipment | $17.75M | $18.38M | $18.87M | $19.75M | $20.39M | $20.89M | $21.57M | $23.05M | $23.92M | $24.66M | $25.44M | $25.01M | $26.13M |
| Goodwill | $108.94M | $108.95M | $107.22M | $107.28M | $107.97M | $107.57M | $107.64M | $107.86M | $107.44M | $107.72M | $107.72M | $107.56M | $106.75M |
| Intangible Assets | $4.17M | $5.13M | $6.07M | $7.04M | $8.00M | $9.08M | $10.38M | $11.68M | $12.98M | $14.43M | $16.05M | $17.85M | $19.82M |
| Other Non-current Assets | $8.76M | $8.79M | $8.95M | $9.14M | $9.33M | $9.50M | $9.67M | $9.48M | $8.86M | $8.51M | $8.87M | $9.01M | $11.09M |
| Total Assets | $444.93M | $443.04M | $427.16M | $419.90M | $384.17M | $384.90M | $407.89M | $421.83M | $431.85M | $433.96M | $437.56M | $452.95M | $460.89M |
| Accounts Payable | $5.80M | $6.76M | $5.31M | $8.59M | $5.27M | $6.99M | $2.54M | $3.03M | $4.74M | $6.87M | $4.20M | $7.96M | $6.93M |
| Accrued Liabilities | $16.79M | $16.41M | $15.83M | $14.09M | $13.60M | $14.76M | $14.98M | $13.26M | $16.75M | $13.78M | $13.36M | $12.85M | $13.39M |
| Deferred Revenue | $127.43M | $135.50M | $146.11M | $130.98M | $114.54M | $121.63M | $128.36M | $120.95M | $112.31M | $116.36M | $122.19M | $108.66M | $109.26M |
| Total Current Liabilities | $176.41M | $183.19M | $188.60M | $187.00M | $159.83M | $166.87M | $188.87M | $197.33M | $183.00M | $305.00M | $160.83M | $160.94M | $161.34M |
| Other Non-current Liabilities | $1.74M | $1.74M | $1.57M | $1.50M | $1.23M | $1.18M | $1.19M | $1.26M | $1.19M | $1.22M | $1.25M | $1.23M | $999.00K |
| Total Liabilities | $521.11M | $527.92M | $492.97M | $488.61M | $459.39M | $467.94M | $491.91M | $499.71M | $486.73M | $485.42M | $485.52M | $488.43M | $488.57M |
| Common Stock | $53.00K | $53.00K | $52.00K | $52.00K | $52.00K | $52.00K | $52.00K | $51.00K | $51.00K | $51.00K | $51.00K | $50.00K | $50.00K |
| Retained Earnings | $-677.42M | $-673.17M | $-671.42M | $-667.73M | $-665.76M | $-666.00M | $-658.61M | $-647.25M | $-637.06M | $-623.19M | $-609.90M | $-590.90M | $-573.55M |
| Treasury Stock | $29.85M | $29.85M | $29.85M | $29.85M | $29.85M | $29.85M | $29.85M | $29.85M | $29.85M | $29.85M | $29.85M | $29.85M | $29.85M |
| Total Stockholders Equity | $-76.18M | $-84.88M | $-65.81M | $-68.70M | $-75.22M | $-83.04M | $-84.02M | $-77.87M | $-54.88M | $-51.45M | $-47.97M | $-35.47M | $-27.68M |
| Total Liabilities & Equity | $444.93M | $443.04M | $427.16M | $419.90M | $384.17M | $384.90M | $407.89M | $421.83M | $431.85M | $433.96M | $437.56M | $452.95M | $460.89M |
| 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 | $-4.25M | $-5.45M | $-3.69M | $-1.97M | $235.00K | $-7.39M | $-11.36M | $-10.20M | $-13.87M | $-13.29M | $-19.00M | $-17.35M | $-13.85M |
| Depreciation & Amortization | $5.58M | $3.73M | $1.86M | $1.93M | $6.37M | $4.39M | $2.20M | $2.41M | $8.30M | $5.75M | $3.00M | $3.12M | $11.84M |
| Stock-based Compensation | $36.48M | $22.68M | $10.67M | $10.54M | $30.22M | $22.95M | $12.70M | $10.77M | $31.59M | $20.66M | $9.90M | $10.10M | $32.62M |
| Change in Payables | $-3.64M | $-3.09M | $-3.70M | $3.94M | $2.19M | $3.88M | $-637.00K | $-1.66M | $-3.38M | $-1.25M | $-3.79M | $1.05M | $2.91M |
| Operating Cash Flow | $15.80M | $4.43M | $1.22M | $24.01M | $3.37M | $1.78M | $-4.64M | $13.84M | $-3.97M | $-12.69M | $-6.14M | $-1.97M | $-21.94M |
| Capital Expenditure | $674.00K | $144.00K | $103.00K | $497.00K | $669.00K | $438.00K | $223.00K | $375.00K | $2.17M | $1.82M | $1.55M | $16.00K | $845.00K |
| Investing Cash Flow | $-556.00K | $-26.00K | $15.00K | $-379.00K | $-840.00K | $-609.00K | $-353.00K | $-423.00K | $-2.28M | $-1.82M | $-1.55M | $-128.00K | $-1.01M |
| Financing Cash Flow | $13.01M | $14.12M | $-3.13M | $-1.41M | $-30.93M | $-30.85M | $-7.31M | $-4.09M | $-28.27M | $-4.53M | $-3.57M | $-1.44M | $2.51M |
| Net Change in Cash | $26.42M | $16.98M | $-1.96M | $21.42M | $-28.18M | $-29.66M | $-12.32M | $9.67M | $-34.55M | $-19.06M | $-11.25M | $-3.20M | $-20.73M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.