$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) |
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 | $812.04M | $838.60M | $1.47B | $939.48M | $902.72M | $652.11M | $422.99M | $322.18M | $190.35M | $112.53M | $77.12M | $76.13M | $83.94M | $63.53M |
| Revenue Growth % | -3.2% | -42.8% | 56.0% | 4.1% | 38.4% | 54.2% | 31.3% | 69.3% | 69.2% | 45.9% | 1.3% | -9.3% | 32.1% | nan% |
| Cost of Revenue | $160.90M | $167.63M | $172.84M | $60.75M | - | $7.58M | $800.00K | $398.00K | $14.76M | $3.07M | $14.08M | $11.51M | $12.75M | $3.39M |
| Gross Profit | $651.15M | $670.96M | $1.29B | $878.73M | - | $644.54M | $422.19M | $321.78M | $175.60M | $109.45M | $63.04M | $64.63M | $71.19M | $60.13M |
| Gross Margin % | 80.2% | 80.0% | 88.2% | 93.5% | nan% | 98.8% | 99.8% | 99.9% | 92.2% | 97.3% | 81.7% | 84.9% | 84.8% | 94.7% |
| Operating Expenses | $1.10B | $1.31B | $1.37B | $909.62M | $557.96M | $485.46M | $377.61M | $293.33M | $141.63M | $90.44M | $84.55M | $72.03M | $76.50M | $56.09M |
| Selling General & Admin | $676.76M | $759.78M | $764.93M | $654.83M | $428.54M | $385.22M | $310.51M | $227.88M | $82.13M | $58.32M | $44.45M | $36.38M | $39.83M | $32.95M |
| Operating Income | $-287.43M | $-475.74M | $96.05M | $29.86M | $344.76M | $166.65M | $45.38M | $28.84M | $48.73M | $22.08M | $-7.43M | $4.10M | $7.44M | $7.44M |
| Operating Margin % | -35.4% | -56.7% | 6.6% | 3.2% | 38.2% | 25.6% | 10.7% | 9.0% | 25.6% | 19.6% | -9.6% | 5.4% | 8.9% | 11.7% |
| Interest Expense | $118.03M | $133.31M | $156.24M | $141.00M | $65.25M | $50.20M | $33.39M | $8.38M | $2.00M | $834.00K | $1.26M | $2.67M | $2.61M | $4.88M |
| Interest Income | $4.13M | $3.62M | $3.88M | $2.73M | $564.00K | $1.58M | $1.33M | $420.00K | $318.00K | $17.00K | $12.00K | $26.00K | $201.00K | $476.00K |
| Income Before Tax | $-333.75M | $-878.73M | $-199.28M | $-334.34M | $279.46M | $116.59M | $21.30M | $20.45M | $47.05M | $21.27M | $-8.68M | $1.28M | $6.28M | $2.66M |
| Income Tax Expense | $18.73M | $22.12M | $-39.12M | $-65.25M | $75.44M | $34.64M | $4.90M | $8.51M | $14.32M | $7.69M | $-2.89M | $704.00K | $1.94M | $2.06M |
| Net Income | $-152.01M | $-764.27M | $-99.91M | $-159.83M | $204.02M | $81.61M | $15.51M | $11.56M | $21.53M | $11.80M | $-5.80M | $1.06M | $3.52M | $602.00K |
| Net Margin % | -18.7% | -91.1% | -6.8% | -17.0% | 22.6% | 12.5% | 3.7% | 3.6% | 11.3% | 10.5% | -7.5% | 1.4% | 4.2% | 0.9% |
| Basic EPS | -5.21 | -25.46 | -3.69 | -5.95 | 7.83 | 3.08 | 0.60 | 0.50 | 1.19 | 0.73 | -0.60 | 0.04 | 0.12 | 0.02 |
| Diluted EPS | -5.21 | -25.46 | -3.69 | -5.95 | 7.56 | 2.95 | 0.58 | 0.48 | 1.17 | 0.73 | -0.60 | 0.04 | 0.12 | 0.02 |
| Basic Shares Outstanding | 30.5M | 30.3M | 29.3M | 28.2M | 25.6M | 26.4M | 25.9M | 23.2M | 18.1M | 16.2M | 9.6M | 28.7M | 28.7M | 28.5M |
| Diluted Shares Outstanding | 30.5M | 30.3M | 29.3M | 28.2M | 26.5M | 27.5M | 26.8M | 24.3M | 18.4M | 16.3M | 9.6M | 29.9M | 29.6M | 29.4M |
| 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) |
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 | $154.88M | $222.69M | $268.62M | $103.60M | $104.27M | $179.44M | $132.82M | $112.11M | $30.01M | $21.60M | $18.87M | $18.72M | $15.03M |
| Accounts Receivable | $88.38M | $101.04M | $149.11M | $46.52M | $46.62M | $42.12M | $20.02M | $18.99M | $9.47M | $10.10M | $8.86M | $16.59M | $7.48M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | $2.22M | $12.93M |
| Other Current Assets | $252.34M | $241.86M | $460.70M | $87.26M | $81.81M | $79.48M | $22.61M | $3.58M | $2.42M | $3.79M | $948.00K | $1.15M | $1.11M |
| Total Current Assets | - | - | - | - | - | - | - | $157.98M | $72.95M | $87.94M | $56.69M | $63.96M | $58.45M |
| Property Plant & Equipment | $18.95M | $25.21M | $27.14M | $11.69M | $12.73M | $15.52M | $11.98M | $5.79M | $592.00K | $776.00K | $1.09M | $970.00K | $916.00K |
| Goodwill | $423.14M | $466.64M | $506.91M | $227.05M | $223.70M | $223.37M | $98.77M | $48.90M | $34.53M | $27.56M | $5.69M | $5.69M | $5.69M |
| Intangible Assets | $146.88M | $198.25M | $374.10M | $190.75M | $220.53M | $91.36M | $56.95M | $41.17M | $4.77M | $2.80M | $140.00K | $140.00K | $140.00K |
| Other Non-current Assets | - | - | - | - | - | - | - | $2.16M | $588.00K | $732.00K | $831.00K | $343.00K | $664.00K |
| Total Assets | $1.78B | $6.08B | $6.11B | $2.66B | $2.32B | $1.96B | $1.39B | $264.62M | $132.42M | $138.99M | $73.68M | $80.58M | $76.36M |
| Accounts Payable | $52.56M | $43.99M | $81.38M | $2.72M | $4.48M | $5.65M | $2.65M | $2.70M | $1.12M | $1.09M | - | - | - |
| Deferred Revenue | - | - | - | - | - | $69.07M | $3.14M | $4.13M | $346.00K | - | - | - | - |
| Other Current Liabilities | $3.40M | $2.48M | $2.21M | - | - | - | - | - | $2.99M | $2.92M | $2.82M | $2.86M | $3.41M |
| Total Current Liabilities | - | - | - | - | - | - | - | $83.66M | $21.95M | $41.91M | $29.07M | $34.27M | $32.39M |
| Long-term Debt | - | - | - | - | - | - | - | - | $1.15M | - | $48.76M | $50.48M | $52.21M |
| Deferred Tax Liabilities | $5.46M | - | $29.55M | - | - | - | - | - | - | - | - | - | - |
| Other Non-current Liabilities | - | - | - | - | - | - | - | $2.86M | - | - | - | - | - |
| Total Liabilities | $2.24B | $5.72B | $5.43B | $2.12B | $1.93B | $1.70B | $1.12B | $114.23M | $23.10M | $41.91M | $77.83M | $84.76M | $84.61M |
| Common Stock | $3.00K | $3.00K | $3.00K | $3.00K | $3.00K | $2.00K | $2.00K | $2.00K | $2.00K | $2.00K | $4.00K | $4.00K | $4.00K |
| Retained Earnings | $-1.07B | $-281.29M | $-45.22M | $203.08M | $39.54M | $1.58M | $6.58M | $9.89M | $-6.30M | $-12.89M | $-6.61M | $-7.67M | $-11.19M |
| Total Stockholders Equity | $-488.18M | $291.12M | $446.51M | $512.59M | $360.66M | $258.06M | $266.03M | $149.35M | $109.44M | $97.06M | $-4.16M | $-5.10M | $-8.26M |
| Total Liabilities & Equity | $1.78B | $6.08B | $6.11B | $2.66B | $2.32B | $1.96B | $1.39B | $264.62M | $132.42M | $138.99M | $73.68M | $80.58M | $76.36M |
| 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) |
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 | $-634.78M | $-764.27M | $-99.91M | $-159.83M | $204.02M | $81.61M | $15.51M | $11.56M | $21.53M | $11.80M | $-5.80M | $1.06M | $3.52M | $602.00K |
| Depreciation & Amortization | $74.29M | $45.41M | $49.60M | $39.97M | $19.37M | $19.05M | $13.81M | $11.14M | $4.31M | $848.00K | $646.00K | $1.86M | $835.00K | $981.00K |
| Stock-based Compensation | $31.22M | $19.05M | $45.11M | $61.14M | $18.59M | $15.92M | $13.04M | $10.34M | $2.77M | $2.04M | - | - | - | $431.00K |
| Deferred Income Tax | $43.95M | $25.89M | $-40.95M | $-80.43M | $61.62M | $10.87M | $1.99M | $5.73M | $3.55M | $6.61M | $-2.98M | $989.00K | $1.37M | $1.87M |
| Change in Receivables | $-9.32M | $-2.23M | $-26.40M | $-6.60M | $-24.49M | $33.93M | $12.95M | $-1.61M | - | - | - | - | - | - |
| Change in Inventory | - | - | - | - | - | - | - | - | - | - | - | $-455.00K | $-1.62M | $-224.00K |
| Operating Cash Flow | $238.36M | $263.55M | $24.50M | $6.65M | $57.69M | $-30.39M | $-104.81M | $-81.79M | $80.28M | $31.67M | - | - | $16.21M | $-2.04M |
| Capital Expenditure | - | - | - | - | - | $3.46M | $5.43M | $825.00K | $729.00K | $239.00K | $252.00K | $1.14M | $634.00K | $264.00K |
| Acquisitions | - | $19.14M | $26.24M | $261.69M | - | $2.16M | $53.88M | $4.26M | $125.54M | $2.45M | - | - | $1.25M | - |
| Investing Cash Flow | $788.93M | $440.53M | $301.17M | $-32.29M | $-128.45M | $-295.40M | $-151.44M | $-17.84M | $-36.87M | $4.92M | $-3.67M | - | $-6.76M | $1.24M |
| Debt Repayment | - | - | - | - | - | - | - | - | - | - | $31.72M | $1.72M | $1.72M | $1.72M |
| Stock Issued | - | - | $115.00M | - | - | $63.00K | - | - | $22.76M | - | $51.23M | - | - | - |
| Stock Repurchased | - | - | $69.48M | $6.52M | $48.25M | $4.27M | $18.70M | - | - | - | - | - | - | - |
| Dividends Paid | $33.73M | $33.73M | $141.10M | $119.45M | $38.79M | $41.14M | $22.68M | $16.75M | $5.33M | $5.22M | $479.00K | - | - | - |
| Financing Cash Flow | $-1.10B | $-671.95M | $-365.92M | $17.64M | $69.54M | $250.18M | $284.86M | $134.09M | $40.40M | $-28.05M | $29.47M | - | $-5.89M | $-4.00M |
| Net Change in Cash | $-78.83M | $22.84M | $-37.09M | $-8.93M | $98.00K | $-75.54M | $27.74M | $37.13M | $82.09M | $8.41M | $2.73M | $146.00K | $3.69M | $-5.05M |
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.