$812.04M
Revenue
$-152.01M
Net Income
80.19%
Gross Margin
-35.40%
Op. Margin
$238.36M
Free Cash Flow
| Breakdown | TTM (Jun 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
|---|---|---|---|---|---|---|
| Total Revenue | $812.04M | $838.60M | $1.47B | $939.48M | $902.72M | $652.11M |
| Revenue Growth % | -3.2% | -42.8% | 56.0% | 4.1% | 38.4% | nan% |
| Cost of Revenue | $160.90M | $167.63M | $172.84M | $60.75M | - | $7.58M |
| Gross Profit | $651.15M | $670.96M | $1.29B | $878.73M | - | $644.54M |
| Gross Margin % | 80.2% | 80.0% | 88.2% | 93.5% | nan% | 98.8% |
| Operating Expenses | $1.10B | $1.31B | $1.37B | $909.62M | $557.96M | $485.46M |
| Selling General & Admin | $676.76M | $759.78M | $764.93M | $654.83M | $428.54M | $385.22M |
| Operating Income | $-287.43M | $-475.74M | $96.05M | $29.86M | $344.76M | $166.65M |
| Operating Margin % | -35.4% | -56.7% | 6.6% | 3.2% | 38.2% | 25.6% |
| Interest Expense | $118.03M | $133.31M | $156.24M | $141.00M | $65.25M | $50.20M |
| Interest Income | $4.13M | $3.62M | $3.88M | $2.73M | $564.00K | $1.58M |
| Income Before Tax | $-333.75M | $-878.73M | $-199.28M | $-334.34M | $279.46M | $116.59M |
| Income Tax Expense | $18.73M | $22.12M | $-39.12M | $-65.25M | $75.44M | $34.64M |
| Net Income | $-152.01M | $-764.27M | $-99.91M | $-159.83M | $204.02M | $81.61M |
| Net Margin % | -18.7% | -91.1% | -6.8% | -17.0% | 22.6% | 12.5% |
| Basic EPS | -5.21 | -25.46 | -3.69 | -5.95 | 7.83 | 3.08 |
| Diluted EPS | -5.21 | -25.46 | -3.69 | -5.95 | 7.56 | 2.95 |
| Basic Shares Outstanding | 30.5M | 30.3M | 29.3M | 28.2M | 25.6M | 26.4M |
| Diluted Shares Outstanding | 30.5M | 30.3M | 29.3M | 28.2M | 26.5M | 27.5M |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $154.88M | $222.69M | $268.62M | $103.60M | $104.27M |
| Accounts Receivable | $88.38M | $101.04M | $149.11M | $46.52M | $46.62M |
| Other Current Assets | $252.34M | $241.86M | $460.70M | $87.26M | $81.81M |
| Property Plant & Equipment | $18.95M | $25.21M | $27.14M | $11.69M | $12.73M |
| Goodwill | $423.14M | $466.64M | $506.91M | $227.05M | $223.70M |
| Intangible Assets | $146.88M | $198.25M | $374.10M | $190.75M | $220.53M |
| Total Assets | $1.78B | $6.08B | $6.11B | $2.66B | $2.32B |
| Accounts Payable | $52.56M | $43.99M | $81.38M | $2.72M | $4.48M |
| Other Current Liabilities | $3.40M | $2.48M | $2.21M | - | - |
| Deferred Tax Liabilities | $5.46M | - | $29.55M | - | - |
| Total Liabilities | $2.24B | $5.72B | $5.43B | $2.12B | $1.93B |
| Common Stock | $3.00K | $3.00K | $3.00K | $3.00K | $3.00K |
| Retained Earnings | $-1.07B | $-281.29M | $-45.22M | $203.08M | $39.54M |
| Total Stockholders Equity | $-488.18M | $291.12M | $446.51M | $512.59M | $360.66M |
| Total Liabilities & Equity | $1.78B | $6.08B | $6.11B | $2.66B | $2.32B |
| Breakdown | TTM (Jun 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
|---|---|---|---|---|---|---|
| Net Income | $-634.78M | $-764.27M | $-99.91M | $-159.83M | $204.02M | $81.61M |
| Depreciation & Amortization | $74.29M | $45.41M | $49.60M | $39.97M | $19.37M | $19.05M |
| Stock-based Compensation | $31.22M | $19.05M | $45.11M | $61.14M | $18.59M | $15.92M |
| Deferred Income Tax | $43.95M | $25.89M | $-40.95M | $-80.43M | $61.62M | $10.87M |
| Change in Receivables | $-9.32M | $-2.23M | $-26.40M | $-6.60M | $-24.49M | $33.93M |
| Operating Cash Flow | $238.36M | $263.55M | $24.50M | $6.65M | $57.69M | $-30.39M |
| Capital Expenditure | - | - | - | - | - | $3.46M |
| Acquisitions | - | $19.14M | $26.24M | $261.69M | - | $2.16M |
| Investing Cash Flow | $788.93M | $440.53M | $301.17M | $-32.29M | $-128.45M | $-295.40M |
| Stock Issued | - | - | $115.00M | - | - | $63.00K |
| Stock Repurchased | - | - | $69.48M | $6.52M | $48.25M | $4.27M |
| Dividends Paid | $33.73M | $33.73M | $141.10M | $119.45M | $38.79M | $41.14M |
| Financing Cash Flow | $-1.10B | $-671.95M | $-365.92M | $17.64M | $69.54M | $250.18M |
| Net Change in Cash | $-78.83M | $22.84M | $-37.09M | $-8.93M | $98.00K | $-75.54M |
SEC Filing Format - Data shown as it appears in the Q2 2025 (10-Q) filing
Period ended: Jun 30, 2025
Condensed Consolidated Statements of Operations
| Description | Jun 30, 2025 | Jun 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $225.30M | $94.89M | $411.37M | $392.48M |
| Cost of Revenue | $35.11M | $39.76M | $71.85M | $78.58M |
| Operating Expenses | $214.49M | $327.46M | $462.03M | $641.07M |
| Selling General & Admin | $142.37M | $178.01M | $309.76M | $356.95M |
| Operating Income | $10.81M | $-232.58M | $-50.66M | $-248.60M |
| Interest Expense | $23.95M | $33.53M | $53.92M | $69.20M |
| Interest Income | $492.00K | $797.00K | $1.98M | $1.46M |
| Income Before Tax | $74.74M | $-419.97M | $51.74M | $-502.60M |
| Income Tax Expense | $3.05M | $29.18M | $11.00K | $7.85M |
| Net Income | $139.47M | $-433.60M | $129.50M | $-482.77M |
| Basic EPS | 4.50 | -14.35 | 4.11 | -16.13 |
| Diluted EPS | 4.50 | -14.35 | 4.11 | -16.13 |
| Basic Shares Outstanding | $30.53M | $30.35M | $30.51M | $30.17M |
| Diluted Shares Outstanding | $30.53M | $30.35M | $30.51M | $30.17M |
Condensed Consolidated Balance Sheets
| Description | Jun 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $267.39M | $146.85M |
| Accounts Receivable | $61.23M | $68.65M |
| Other Current Assets | $219.97M | $242.92M |
| Property Plant & Equipment | $18.45M | $18.68M |
| Goodwill | $392.69M | $392.69M |
| Intangible Assets | $131.32M | $146.45M |
| Total Assets | $1.55B | $1.78B |
| Accounts Payable | $35.08M | $51.24M |
| Other Current Liabilities | $1.20M | $3.40M |
| Deferred Tax Liabilities | $2.26M | $5.46M |
| Total Liabilities | $1.85B | $2.24B |
| Common Stock | $3.00K | $3.00K |
| Retained Earnings | $-941.24M | $-1.07B |
| Total Stockholders Equity | $-351.71M | $-488.18M |
| Total Liabilities & Equity | $1.55B | $1.78B |
Condensed Consolidated Statements of Cash Flows
| Description | Jun 30, 2025 | Jun 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $139.47M | $-433.60M | $129.50M | $-482.77M |
| Depreciation & Amortization | - | - | $18.80M | $22.94M |
| Stock-based Compensation | - | - | $8.61M | $14.87M |
| Deferred Income Tax | - | - | $9.10M | $1.45M |
| Change in Receivables | - | - | $-3.54M | $759.00K |
| Operating Cash Flow | - | - | $-25.38M | $246.84M |
| Acquisitions | - | - | - | $19.14M |
| Investing Cash Flow | - | - | $289.22M | $6.70M |
| Dividends Paid | - | - | - | $33.63M |
| Financing Cash Flow | - | - | $-252.42M | $-243.53M |
| Net Change in Cash | - | - | $11.97M | $4.78M |
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.