$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) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $351.68M | $330.37M | $303.71M | $276.14M | $251.42M | $252.42M | $250.33M | $197.02M | $168.82M | $153.28M | $168.25M | $185.83M | $144.84M | $117.79M | $96.64M |
| Revenue Growth % | 6.5% | 8.8% | 10.0% | 9.8% | -0.4% | 0.8% | 27.1% | 16.7% | 10.1% | -8.9% | -9.5% | 28.3% | 23.0% | 21.9% | nan% |
| Cost of Revenue | $113.05M | $113.33M | $115.31M | $110.08M | $104.92M | $104.63M | $99.12M | $77.18M | $68.57M | $63.35M | $61.41M | $58.09M | $43.13M | $33.78M | $26.30M |
| Gross Profit | $238.64M | $217.04M | $188.40M | $166.06M | $146.50M | $147.79M | $151.22M | $119.84M | $100.25M | $89.92M | $106.84M | $127.74M | $101.70M | $84.01M | $70.20M |
| Gross Margin % | 67.9% | 65.7% | 62.0% | 60.1% | 58.3% | 58.5% | 60.4% | 60.8% | 59.4% | 58.7% | 63.5% | 68.7% | 70.2% | 71.3% | 72.6% |
| Operating Income | $-15.86M | $-19.02M | $-50.60M | $-78.09M | $-74.34M | $-66.08M | $-53.34M | $-49.22M | $-64.94M | $-65.40M | $-55.50M | $-22.41M | $3.54M | $8.18M | $8.60M |
| Operating Margin % | -4.5% | -5.8% | -16.7% | -28.3% | -29.6% | -26.2% | -21.3% | -25.0% | -38.5% | -42.7% | -33.0% | -12.1% | 2.4% | 6.9% | 8.9% |
| Interest Expense | - | $6.30M | $4.63M | $4.94M | $4.99M | $1.68M | $3.50M | $5.25M | $4.01M | $3.18M | $2.93M | $243.00K | $87.00K | $-68.00K | - |
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $33.00K |
| Other Income/Expense | $11.50M | $4.46M | $1.06M | $3.08M | $308.00K | $897.00K | $-354.00K | $2.15M | $384.00K | $-38.00K | $-661.00K | $-2.65M | $-265.00K | $-163.00K | $-141.00K |
| Income Before Tax | $-9.85M | $-19.16M | $-55.42M | $-81.31M | $-80.34M | $-76.31M | $-68.46M | $-64.05M | $-77.78M | $-74.75M | $-65.07M | $-25.06M | $3.27M | $8.02M | $8.63M |
| Income Tax Expense | $1.81M | $1.31M | $933.00K | $932.00K | $870.00K | $676.00K | $624.00K | $200.00K | $149.00K | $470.00K | $739.00K | $12.49M | $-173.00K | $3.05M | $2.28M |
| Net Income | $-11.66M | $-20.48M | $-56.35M | $-82.25M | $-81.21M | $-76.98M | $-69.08M | $-64.25M | $-77.93M | $-75.22M | $-65.81M | $-36.64M | $3.45M | $4.97M | $6.35M |
| Net Margin % | -3.3% | -6.2% | -18.6% | -29.8% | -32.3% | -30.5% | -27.6% | -32.6% | -46.2% | -49.1% | -39.1% | -19.7% | 2.4% | 4.2% | 6.6% |
| Basic EPS | nan | nan | nan | nan | nan | nan | nan | nan | nan | -2.47 | -2.23 | -1.27 | 0.12 | 0.18 | 0.24 |
| Diluted EPS | nan | nan | nan | nan | nan | nan | nan | nan | nan | -2.47 | -2.23 | -1.27 | 0.11 | 0.17 | 0.23 |
| Basic Shares Outstanding | 48.2M | - | - | - | - | - | - | - | 31.6M | 30.4M | 29.6M | 28.9M | 28.0M | 27.4M | 26.8M |
| Diluted Shares Outstanding | 48.2M | - | - | - | - | - | - | - | - | 30.4M | 29.6M | 28.9M | 30.1M | 28.4M | 27.8M |
| 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) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $161.98M | $168.75M | $203.63M | $227.55M | $329.13M | $306.08M | $295.48M | $160.50M | $118.04M | $161.77M | $161.02M | $44.69M | $83.56M | $68.46M |
| Short-term Investments | - | - | - | - | - | - | - | - | $16.00M | $2.50M | - | - | - | - |
| 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 | $9.04M | $4.76M | $9.07M | $6.34M | $7.66M | $8.07M | $6.16M | $5.07M | $8.35M |
| Total Current Assets | $239.12M | $234.67M | $267.28M | $283.53M | $394.30M | $385.94M | $346.14M | $202.06M | $173.66M | $211.04M | $240.29M | $137.13M | $127.43M | $110.67M |
| Property Plant & Equipment | $19.75M | $23.05M | $25.01M | $30.96M | $36.50M | $14.79M | $14.68M | $14.01M | $15.24M | $15.78M | $15.79M | $15.59M | $12.79M | $4.70M |
| Goodwill | $107.28M | $107.86M | $107.56M | $108.13M | $50.04M | $49.10M | $38.23M | $38.46M | $20.10M | $20.45M | $21.56M | $7.02M | - | - |
| Intangible Assets | $7.04M | $11.68M | $17.85M | $27.62M | $8.34M | $14.61M | $19.35M | $26.93M | $12.65M | $14.19M | $20.20M | $8.23M | - | - |
| Other Non-current Assets | $9.14M | $9.48M | $9.01M | $9.00M | $7.55M | $6.83M | $5.19M | $7.23M | $6.01M | $2.27M | $2.29M | $1.25M | $5.94M | $5.55M |
| Total Assets | $419.90M | $421.83M | $452.95M | $494.48M | $539.97M | $513.31M | $436.97M | $288.68M | $227.65M | $263.72M | $300.12M | $179.83M | $146.48M | $121.26M |
| Accounts Payable | $8.59M | $3.03M | $7.96M | $4.03M | $4.25M | $9.10M | $6.93M | $2.98M | $2.74M | $8.27M | $10.56M | $7.84M | $3.77M | $4.92M |
| Accrued Liabilities | $14.09M | $13.26M | $12.85M | $12.63M | $13.06M | $22.75M | $9.51M | $6.73M | $7.28M | $4.33M | $5.36M | $5.21M | $3.26M | $1.54M |
| Deferred Revenue | $130.98M | $120.95M | $108.66M | $97.71M | $99.16M | $124.46M | $99.26M | $75.60M | $68.35M | $60.66M | $57.31M | $42.27M | $39.77M | $33.09M |
| Total Current Liabilities | $187.00M | $197.33M | $160.94M | $154.83M | $147.92M | $196.13M | $274.75M | $102.03M | $96.72M | $86.35M | $88.39M | $65.00M | $54.48M | $44.47M |
| Other Non-current Liabilities | $1.50M | $1.26M | $1.23M | $1.20M | $1.52M | $1.28M | $754.00K | $843.00K | $639.00K | $918.00K | $1.17M | $546.00K | $1.33M | $126.00K |
| Total Liabilities | $488.61M | $499.71M | $488.43M | $490.90M | $422.93M | $348.31M | $382.07M | $335.66M | $231.05M | $208.31M | $201.13M | $68.53M | $57.81M | $47.32M |
| Common Stock | $52.00K | $51.00K | $50.00K | $49.00K | $48.00K | $47.00K | $42.00K | $36.00K | $35.00K | $34.00K | $34.00K | $33.00K | $32.00K | $31.00K |
| Retained Earnings | $-667.73M | $-647.25M | $-590.90M | $-508.65M | $-438.77M | $-361.79M | $-292.71M | $-238.19M | $-160.26M | $-85.03M | $-19.22M | $18.33M | $14.88M | $9.93M |
| Treasury Stock | $29.85M | $29.85M | $29.85M | $29.85M | $29.85M | $29.85M | $13.94M | $13.94M | $13.94M | $13.94M | $13.94M | $13.94M | $13.94M | $13.94M |
| Total Stockholders Equity | $-68.70M | $-77.87M | $-35.47M | $3.58M | $117.04M | $165.00M | $54.90M | $-46.98M | $-3.39M | $55.41M | $99.00M | $111.30M | $88.67M | $73.94M |
| Total Liabilities & Equity | $419.90M | $421.83M | $452.95M | $494.48M | $539.97M | $513.31M | $436.97M | $288.68M | $227.65M | $263.72M | $300.12M | $179.83M | $146.48M | $121.26M |
| 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) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-15.35M | $-20.48M | $-56.35M | $-82.25M | $-81.21M | $-76.98M | $-69.08M | $-64.25M | $-77.93M | $-75.22M | $-65.81M | $-36.64M | $3.45M | $4.97M | $6.35M |
| Depreciation & Amortization | $13.10M | $8.30M | $10.71M | $14.97M | $12.06M | $14.33M | $13.87M | $13.05M | $10.53M | $9.51M | $10.39M | $10.44M | $4.31M | $2.29M | $1.61M |
| Stock-based Compensation | $80.36M | $40.75M | $42.36M | $42.71M | $35.08M | $24.40M | $24.68M | $21.45M | $22.80M | $20.47M | $27.86M | $22.66M | $16.27M | $9.64M | $6.83M |
| Deferred Income Tax | - | $-11.00K | $-63.00K | - | - | - | $-119.00K | $-463.00K | $-520.00K | $40.00K | $165.00K | $12.64M | $-2.78M | $962.00K | $315.00K |
| Change in Payables | $-6.49M | $6.13M | $-5.04M | $3.96M | $-515.00K | $-4.82M | $2.49M | $3.93M | $700.00K | $-2.90M | $-4.05M | $-3.10M | $2.88M | $-790.00K | $2.58M |
| Operating Cash Flow | $45.46M | $27.38M | $9.88M | $-23.91M | $-18.55M | $-49.39M | $5.25M | $5.70M | $-25.31M | $-14.35M | $15.53M | $1.75M | $16.97M | $24.65M | $14.24M |
| Capital Expenditure | $1.42M | $1.17M | $2.54M | $861.00K | $2.80M | $28.49M | $5.27M | $1.48M | $1.29M | $7.24M | $6.79M | $7.50M | $3.40M | $7.51M | $3.00M |
| Acquisitions | - | - | - | - | $79.48M | - | $10.51M | - | $34.13M | - | - | - | $13.10M | - | - |
| Sales of Investments | - | - | - | - | - | - | - | - | $15.99M | $141.50M | $55.20M | - | - | - | - |
| Investing Cash Flow | $-946.00K | $-1.22M | $-2.70M | $-1.14M | $-85.17M | $-30.46M | $-17.56M | $-6.26M | $-22.35M | $-25.40M | $-9.42M | $7.87M | $-58.77M | $-9.53M | $-2.96M |
| Stock Issued | - | - | - | - | - | - | - | $141.95M | - | - | - | - | - | - | - |
| Financing Cash Flow | $22.58M | $-32.34M | $-32.36M | $1.07M | $2.47M | $102.91M | $22.99M | $135.35M | $90.65M | $-3.68M | $-5.55M | $106.31M | $2.92M | $-24.00K | $1.33M |
| Net Change in Cash | $62.85M | $-6.76M | $-24.88M | $-23.93M | $-101.58M | $23.06M | $10.60M | $134.97M | $42.47M | $-43.73M | $751.00K | $116.33M | $-38.87M | $15.10M | $12.61M |
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.