$74.88M
Revenue
$7.56M
Net Income
59.82%
Gross Margin
7.98%
Op. Margin
$9.27M
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 | $74.88M | $58.38M | $47.27M | $38.03M | $29.46M | $24.12M |
| Revenue Growth % | 28.3% | 23.5% | 24.3% | 29.1% | 22.2% | nan% |
| Cost of Revenue | $30.08M | $26.19M | $23.14M | $17.08M | $14.75M | $14.82M |
| Gross Profit | $44.80M | $32.20M | $24.14M | $20.95M | $14.71M | $9.30M |
| Gross Margin % | 59.8% | 55.1% | 51.1% | 55.1% | 49.9% | 38.6% |
| Operating Expenses | $38.82M | $31.18M | $24.30M | $20.61M | $17.45M | $17.64M |
| Selling General & Admin | $31.01M | $25.18M | $20.28M | $17.70M | $14.95M | $15.09M |
| Operating Income | $5.97M | $1.02M | $-167.25K | $344.33K | $-2.74M | $-8.34M |
| Operating Margin % | 8.0% | 1.7% | -0.4% | 0.9% | -9.3% | -34.6% |
| Interest Expense | - | - | - | $221.00 | $4.59K | - |
| Income Before Tax | $8.78M | $4.14M | $2.36M | $1.14M | $-2.71M | $-8.25M |
| Income Tax Expense | $1.21M | $322.29K | $-4.09M | $107.48K | $10.20K | $894.18K |
| Net Income | $7.56M | $3.82M | $6.46M | $1.03M | $-2.72M | $-9.14M |
| Net Margin % | 10.1% | 6.5% | 13.7% | 2.7% | -9.2% | -37.9% |
| Basic EPS | 0.14 | 0.07 | 0.12 | 0.02 | -0.05 | -0.19 |
| Diluted EPS | 0.14 | 0.07 | 0.12 | 0.02 | -0.05 | -0.19 |
| Basic Shares Outstanding | 54.8M | 53.2M | 52.5M | 52.0M | 51.0M | 49.3M |
| Diluted Shares Outstanding | 61.8M | 55.6M | 54.2M | 52.9M | 51.0M | 49.3M |
| 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 | $10.77M | $16.99M | $9.71M | $7.39M | $7.83M |
| Accounts Receivable | $32.64M | $16.22M | $4.68M | $3.39M | $654.86K |
| Other Current Assets | $2.25M | $2.02M | $1.70M | $1.24M | $1.38M |
| Total Current Assets | $158.84M | $129.18M | $97.72M | $74.33M | $57.96M |
| Property Plant & Equipment | $1.16M | $1.09M | $1.26M | $1.64M | $1.85M |
| Intangible Assets | $12.24M | $8.81M | $5.66M | $4.09M | $3.70M |
| Total Assets | $179.03M | $146.60M | $108.24M | $84.05M | $67.83M |
| Deferred Revenue | $111.33M | $92.28M | $80.19M | $61.28M | $48.10M |
| Total Current Liabilities | $146.11M | $119.18M | $88.64M | $67.39M | $50.58M |
| Total Liabilities | $148.59M | $122.11M | $91.95M | $71.06M | $54.60M |
| Common Stock | $54.36K | $53.45K | $52.65K | $52.09K | $50.25K |
| Retained Earnings | $7.53M | $3.71M | $-2.75M | $-3.77M | $-1.05M |
| Treasury Stock | $1.77M | $1.28M | $150.00K | $150.00K | $150.00K |
| Total Stockholders Equity | $30.44M | $24.49M | $16.29M | $12.99M | $13.24M |
| Total Liabilities & Equity | $179.03M | $146.60M | $108.24M | $84.05M | $67.83M |
| 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 | $7.56M | $3.82M | $6.46M | $1.03M | $-2.72M | $-9.14M |
| Depreciation & Amortization | $9.62M | $5.99M | $4.03M | $2.91M | $2.50M | $2.12M |
| Stock-based Compensation | - | - | - | - | $2.28M | $2.97M |
| Deferred Income Tax | $2.08M | $298.78K | $-4.30M | - | - | - |
| Change in Receivables | $45.13M | $16.42M | $11.54M | $1.29M | $2.88M | $-237.08K |
| Operating Cash Flow | $10.25M | $22.95M | $27.62M | $25.32M | $15.23M | $13.78M |
| Capital Expenditure | $978.77K | $434.90K | $262.56K | $105.19K | $328.57K | $1.38M |
| Investing Cash Flow | $-21.53M | $-9.49M | $-7.05M | $-4.09M | $-2.68M | $-3.34M |
| Stock Repurchased | $1.26M | $495.05K | $1.13M | - | - | - |
| Financing Cash Flow | $-9.72K | $-466.25K | $-1.12M | - | $192.14K | $-72.86K |
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 | $21.60M | - | $59.27M | - |
| Cost of Revenue | $9.45M | - | $23.68M | - |
| Gross Profit | $12.15M | - | $35.60M | - |
| Operating Expenses | $10.57M | - | $30.09M | - |
| Selling General & Admin | $8.38M | - | $23.98M | - |
| Operating Income | $1.58M | - | $5.51M | - |
| Income Before Tax | $2.25M | - | $7.54M | - |
| Income Tax Expense | $30.48K | - | $1.35M | - |
| Net Income | $2.22M | $697.10K | $6.19M | - |
| Basic EPS | 0.04 | - | 0.11 | - |
| Diluted EPS | 0.04 | - | 0.10 | - |
| Basic Shares Outstanding | $54.80M | - | $54.21M | - |
| Diluted Shares Outstanding | $61.77M | - | $58.96M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $7.53M | $10.77M |
| Accounts Receivable | $49.64M | $32.64M |
| Other Current Assets | $2.46M | $2.25M |
| Total Current Assets | $171.30M | $158.84M |
| Property Plant & Equipment | $1.45M | $1.16M |
| Goodwill | $4.49M | - |
| Intangible Assets | $23.34M | $12.24M |
| Total Assets | $209.51M | $179.03M |
| Deferred Revenue | $110.36M | $111.33M |
| Total Current Liabilities | $152.12M | $146.11M |
| Long-term Debt | $6.14M | - |
| Total Liabilities | $163.75M | $148.59M |
| Common Stock | $55.98K | $54.36K |
| Retained Earnings | $13.72M | $7.53M |
| Treasury Stock | $2.15M | $1.77M |
| Total Stockholders Equity | $45.76M | $30.44M |
| Total Liabilities & Equity | $209.51M | $179.03M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $2.22M | $697.10K | $6.19M | - |
| Depreciation & Amortization | $2.19M | - | $6.11M | - |
| Deferred Income Tax | - | - | $1.01M | - |
| Change in Receivables | - | - | $17.01M | - |
| Operating Cash Flow | - | - | $4.36M | - |
| Capital Expenditure | - | - | $618.47K | - |
| Investing Cash Flow | - | - | $-8.44M | - |
| Stock Repurchased | - | - | $375.79K | - |
| Financing Cash Flow | - | - | $284.87K | - |
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.