$376.57M
Revenue
$-77.67M
Net Income
50.72%
Gross Margin
-36.18%
Op. Margin
$-140.15M
Free Cash Flow
| Breakdown | Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (Dec 31, 2024) |
Q4 2024 (Sep 30, 2024) |
Q3 2024 (Jun 30, 2024) |
Q2 2024 (Mar 31, 2024) |
Q1 2024 (Dec 31, 2023) |
Q4 2023 (Sep 30, 2023) |
Q3 2023 (Jun 30, 2023) |
Q2 2023 (Mar 31, 2023) |
Q1 2023 (Dec 31, 2022) |
Q3 2022 (Jun 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $99.01M | $96.06M | $92.79M | $88.71M | $84.71M | $81.46M | $75.30M | $71.50M | $66.95M | $63.74M | $60.18M | $54.24M | $56.11M |
| Revenue Growth % (YoY) | 16.9% | 17.9% | 23.2% | 24.1% | 26.5% | 27.8% | 25.1% | 31.8% | nan% | 13.6% | nan% | nan% | nan% |
| Cost of Revenue | $48.17M | $44.76M | $46.77M | $45.87M | $46.48M | $46.19M | $44.42M | $42.54M | $42.42M | $41.84M | $41.67M | $29.44M | $30.97M |
| Gross Profit | $50.84M | $51.30M | $46.03M | $42.84M | $38.23M | $35.27M | $30.88M | $28.96M | $24.52M | $21.89M | $18.51M | $24.80M | $25.14M |
| Gross Margin % | 51.3% | 53.4% | 49.6% | 48.3% | 45.1% | 43.3% | 41.0% | 40.5% | 36.6% | 34.4% | 30.8% | 45.7% | 44.8% |
| Operating Expenses | $128.94M | $126.18M | $134.35M | $123.36M | $120.75M | $170.39M | $124.19M | $118.47M | $117.06M | $124.52M | $121.82M | $98.87M | $117.28M |
| Research & Development | $17.01M | $18.05M | $23.92M | $21.31M | $21.13M | $22.47M | $24.15M | $23.10M | $23.75M | $24.53M | $27.38M | $31.24M | $36.84M |
| Selling General & Admin | $63.76M | $63.37M | $63.67M | $56.18M | $53.14M | $56.79M | $55.62M | $52.84M | $47.39M | $46.06M | $53.97M | $42.32M | $53.69M |
| Operating Income | $-29.93M | $-30.12M | $-41.56M | $-34.64M | $-36.04M | $-88.92M | $-48.89M | $-46.98M | $-50.11M | $-60.78M | $-61.64M | $-44.63M | $-61.16M |
| Operating Margin % | -30.2% | -31.4% | -44.8% | -39.1% | -42.5% | -109.2% | -64.9% | -65.7% | -74.9% | -95.4% | -102.4% | -82.3% | -109.0% |
| Interest Expense | - | - | $143.00K | $24.00K | - | - | - | - | $1.00K | $1.00K | $2.00K | $1.00K | - |
| Interest Income | $2.63M | $2.69M | $2.80M | $3.24M | $3.62M | $3.66M | $3.94M | $4.12M | $3.89M | $3.97M | $3.46M | $3.04M | $722.00K |
| Other Income/Expense | $420.00K | $-836.00K | $-251.00K | $-69.00K | $-2.33M | $-121.00K | $-199.00K | $-31.00K | $-250.00K | $41.00K | $-305.00K | $-157.00K | $-225.00K |
| Income Before Tax | $-26.88M | $20.58M | $-39.15M | $-31.50M | $-34.75M | $-85.38M | $-45.15M | $-42.89M | $-46.47M | $-56.77M | $-58.48M | $-41.75M | $-60.67M |
| Income Tax Expense | $257.00K | $191.00K | $175.00K | $97.00K | $-96.00K | $191.00K | $345.00K | $120.00K | $-222.00K | $622.00K | $676.00K | $76.00K | $-149.00K |
| Net Income | $-27.14M | $20.39M | $-39.33M | $-31.59M | $-34.66M | $-85.57M | $-45.49M | $-43.01M | $-46.24M | $-57.40M | $-59.16M | $-41.82M | $-60.52M |
| Net Margin % | -27.4% | 21.2% | -42.4% | -35.6% | -40.9% | -105.0% | -60.4% | -60.2% | -69.1% | -90.0% | -98.3% | -77.1% | -107.8% |
| Basic EPS | -0.45 | 0.34 | -0.66 | -0.53 | -0.59 | -1.47 | -0.79 | -0.75 | -0.81 | -1.01 | -1.04 | -0.74 | -1.08 |
| Diluted EPS | -0.45 | 0.33 | -0.66 | -0.53 | -0.59 | -1.47 | -0.79 | -0.75 | -0.81 | -1.01 | -1.04 | -0.74 | -1.08 |
| Basic Shares Outstanding | 208K | 60.0M | 59.6M | 59.2M | 210K | 58.1M | 57.8M | 57.5M | 132K | 57.0M | 56.8M | 56.4M | 56.3M |
| Diluted Shares Outstanding | 208K | 61.2M | 59.6M | 59.2M | 210K | 58.1M | 57.8M | 57.5M | 132K | 57.0M | 56.8M | 56.4M | 56.3M |
| Breakdown | Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (Dec 31, 2024) |
Q4 2024 (Sep 30, 2024) |
Q3 2024 (Jun 30, 2024) |
Q2 2024 (Mar 31, 2024) |
Q1 2024 (Dec 31, 2023) |
Q4 2023 (Sep 30, 2023) |
Q3 2023 (Jun 30, 2023) |
Q2 2023 (Mar 31, 2023) |
Q1 2023 (Dec 31, 2022) |
Q3 2022 (Jun 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $183.05M | $201.37M | $210.44M | $221.40M | $226.32M | $239.14M | $243.35M | $266.27M | $286.47M | $307.46M | $315.20M | $316.68M | $376.25M |
| Short-term Investments | $49.38M | $49.42M | $46.71M | $49.42M | $50.08M | $50.28M | $49.99M | $44.88M | $49.94M | $49.69M | $72.46M | $122.03M | $151.34M |
| Accounts Receivable | $57.02M | $49.85M | $49.95M | $39.31M | $34.90M | $31.99M | $35.99M | $35.35M | $44.06M | $42.58M | $48.19M | $44.44M | $41.20M |
| Inventory | $28.31M | $25.94M | $20.86M | $23.52M | $24.08M | $28.48M | $30.38M | $30.86M | $32.06M | $36.35M | $39.92M | $44.60M | $43.02M |
| Other Current Assets | $15.20M | $13.19M | $10.49M | $11.65M | $11.40M | $11.94M | $12.16M | $12.87M | $11.72M | $9.46M | $13.50M | $14.12M | $12.31M |
| Total Current Assets | $332.97M | $339.78M | $338.44M | $345.31M | $346.78M | $361.83M | $371.87M | $390.23M | $424.26M | $445.54M | $489.27M | $541.86M | $624.12M |
| Property Plant & Equipment | $102.28M | $95.35M | $97.14M | $100.67M | $102.52M | $106.34M | $121.34M | $126.22M | $131.83M | $140.78M | $146.54M | $144.85M | $127.01M |
| Goodwill | $82.19M | $82.19M | $85.81M | $85.81M | $85.81M | $85.81M | $85.81M | $85.81M | $85.81M | $85.81M | $85.81M | $85.81M | $85.81M |
| Intangible Assets | $13.43M | $13.69M | $13.95M | $14.21M | $14.48M | $14.74M | $51.90M | $53.19M | $54.48M | $55.77M | $57.07M | $58.36M | $61.12M |
| Other Non-current Assets | $4.90M | $3.88M | $3.69M | $3.44M | $1.57M | $5.22M | $5.39M | $5.42M | $5.68M | $6.02M | $2.20M | $2.92M | $3.87M |
| Total Assets | $641.86M | $643.61M | $595.62M | $608.58M | $614.32M | $638.12M | $702.85M | $732.82M | $776.40M | $810.33M | $853.92M | $909.97M | $979.66M |
| Accounts Payable | $11.09M | $11.98M | $8.06M | $7.50M | $1.63M | $6.63M | $7.70M | $9.26M | $14.05M | $12.18M | $13.24M | $20.11M | $21.01M |
| Accrued Liabilities | $23.05M | $19.54M | $19.57M | $20.13M | $15.10M | $14.84M | $14.51M | $13.96M | $10.75M | $10.31M | $11.16M | $10.40M | $9.50M |
| Other Current Liabilities | $12.15M | $11.08M | $7.21M | $5.24M | $5.82M | $6.08M | $5.44M | $6.42M | $7.80M | $9.91M | $10.04M | $15.82M | $20.12M |
| Total Current Liabilities | $91.41M | $87.07M | $74.98M | $69.65M | $71.01M | $73.76M | $67.49M | $65.23M | $73.32M | $72.82M | $72.11M | $83.84M | $92.69M |
| Other Non-current Liabilities | $747.00K | $688.00K | $451.00K | $407.00K | $407.00K | $597.00K | $421.00K | $475.00K | $475.00K | $60.00K | $60.00K | $60.00K | $2.06M |
| Total Liabilities | $168.90M | $165.41M | $155.51M | $152.64M | $141.63M | $146.98M | $142.72M | $142.77M | $152.97M | $152.78M | $149.99M | $163.65M | $158.99M |
| Common Stock | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Retained Earnings | $-1.32B | $-1.29B | $-1.31B | $-1.27B | $-1.24B | $-1.21B | $-1.12B | $-1.08B | $-1.03B | $-986.79M | $-929.40M | $-870.24M | $-777.30M |
| Total Stockholders Equity | $472.96M | $478.20M | $440.11M | $455.94M | $472.69M | $491.14M | $560.13M | $590.04M | $623.43M | $657.55M | $703.93M | $746.33M | $820.68M |
| Total Liabilities & Equity | $641.86M | $643.61M | $595.62M | $608.58M | $614.32M | $638.12M | $702.85M | $732.82M | $776.40M | $810.33M | $853.92M | $909.97M | $979.66M |
| Breakdown | Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (Dec 31, 2024) |
Q4 2024 (Sep 30, 2024) |
Q3 2024 (Jun 30, 2024) |
Q2 2024 (Mar 31, 2024) |
Q1 2024 (Dec 31, 2023) |
Q4 2023 (Sep 30, 2023) |
Q3 2023 (Jun 30, 2023) |
Q2 2023 (Mar 31, 2023) |
Q1 2023 (Dec 31, 2022) |
Q3 2022 (Jun 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-27.14M | $20.39M | $-39.33M | $-31.59M | $-34.66M | $-85.57M | $-45.49M | $-43.01M | $-46.24M | $-158.38M | $-59.16M | $-41.82M | $-60.52M |
| Depreciation & Amortization | $6.00M | $18.85M | $12.78M | $6.38M | $6.66M | $24.78M | $16.48M | $8.17M | $8.50M | $20.81M | $12.32M | $5.29M | $11.56M |
| Stock-based Compensation | $16.08M | $48.38M | $32.32M | $11.99M | $12.35M | $38.58M | $24.84M | $11.02M | $11.75M | $18.53M | $7.93M | $-2.33M | $60.62M |
| Change in Receivables | $7.21M | $15.17M | $15.26M | $4.54M | $2.95M | $-11.40M | $-7.40M | $-8.06M | $1.81M | $2.51M | $8.05M | $4.10M | $10.28M |
| Change in Inventory | $2.37M | $1.86M | $-3.22M | $-560.00K | $-4.41M | $-3.58M | $-1.69M | $-1.20M | $-4.29M | $-2.95M | $606.00K | $5.28M | $11.24M |
| Change in Payables | $-284.00K | $9.62M | $6.42M | $5.71M | $-4.88M | $-6.93M | $-5.72M | $-4.21M | $1.92M | $-4.43M | $-4.21M | $3.28M | $466.00K |
| Operating Cash Flow | $-11.81M | $-35.81M | $-34.41M | $-21.43M | $-15.32M | $-48.77M | $-42.40M | $-22.97M | $-20.70M | $-121.77M | $-98.36M | $-54.07M | $-123.12M |
| Capital Expenditure | $12.43M | $15.58M | $6.41M | $2.27M | $2.00M | $3.07M | $2.11M | $1.51M | $2.39M | $25.39M | $20.88M | $11.82M | $85.39M |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | $8.16M |
| Purchases of Investments | $21.14M | $28.26M | $25.52M | $20.59M | $21.19M | $30.71M | $28.97M | $18.33M | $18.09M | $58.26M | $50.43M | $22.65M | $217.64M |
| Investing Cash Flow | $-12.40M | $-12.36M | $-2.96M | $-1.54M | $-1.28M | $-1.79M | $-1.07M | $4.17M | $-2.25M | $52.86M | $34.19M | $-6.97M | $-235.71M |
| Debt Repayment | - | - | - | - | - | - | - | - | - | - | - | - | $1.56M |
| Financing Cash Flow | $5.57M | $22.97M | $21.14M | $17.94M | $3.63M | $3.26M | $355.00K | $-1.47M | $442.00K | $469.00K | $1.13M | $-395.00K | $269.29M |
| Net Change in Cash | $-18.48M | $-25.23M | $-16.18M | $-5.07M | $-12.90M | $-47.24M | $-43.06M | $-20.16M | $-22.56M | $-68.42M | $-62.70M | $-61.17M | $-89.54M |
SEC Filing Format - Data shown as it appears in the Q3 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 | $96.06M | - | $277.56M | - |
| Cost of Revenue | $44.76M | - | $137.40M | - |
| Operating Expenses | $126.18M | - | $383.89M | - |
| Research & Development | $18.05M | - | $63.27M | - |
| Selling General & Admin | $63.37M | - | $183.22M | - |
| Operating Income | $-30.12M | - | $-106.33M | - |
| Interest Income | $2.69M | - | $8.73M | - |
| Other Income/Expense | $-836.00K | - | $-1.32M | - |
| Income Before Tax | $20.58M | - | $-50.07M | - |
| Income Tax Expense | $191.00K | - | $462.00K | - |
| Net Income | $20.39M | - | $-50.53M | - |
| Basic EPS | 0.34 | - | -0.85 | - |
| Diluted EPS | 0.33 | - | -0.85 | - |
| Basic Shares Outstanding | $59.99M | - | $59.60M | - |
| Diluted Shares Outstanding | $61.16M | - | $59.60M | - |
Condensed Consolidated Balance Sheets
| Description | Jun 30, 2025 | Sep 30, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $201.37M | $226.32M |
| Short-term Investments | $49.42M | $50.08M |
| Accounts Receivable | $49.85M | $34.90M |
| Inventory | $25.94M | $24.08M |
| Other Current Assets | $13.19M | $11.40M |
| Total Current Assets | $339.78M | $346.78M |
| Property Plant & Equipment | $95.35M | $102.52M |
| Goodwill | $82.19M | $85.81M |
| Intangible Assets | $13.69M | $14.48M |
| Other Non-current Assets | $3.88M | $1.57M |
| Total Assets | $643.61M | $614.32M |
| Accounts Payable | $11.98M | $1.63M |
| Accrued Liabilities | $19.54M | $15.10M |
| Other Current Liabilities | $11.08M | $5.82M |
| Total Current Liabilities | $87.07M | $71.01M |
| Other Non-current Liabilities | $688.00K | $407.00K |
| Total Liabilities | $165.41M | $141.63M |
| Common Stock | - | - |
| Retained Earnings | $-1.29B | $-1.24B |
| Total Stockholders Equity | $478.20M | $472.69M |
| Total Liabilities & Equity | $643.61M | $614.32M |
Condensed Consolidated Statements of Cash Flows
| Description | Jun 30, 2025 | Jun 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $20.39M | - | $-50.53M | - |
| Depreciation & Amortization | - | - | $18.85M | - |
| Stock-based Compensation | - | - | $48.38M | - |
| Change in Receivables | - | - | $15.17M | - |
| Change in Inventory | - | - | $1.86M | - |
| Change in Payables | - | - | $9.62M | - |
| Operating Cash Flow | - | - | $-35.81M | - |
| Capital Expenditure | - | - | $15.58M | - |
| Purchases of Investments | - | - | $28.26M | - |
| Investing Cash Flow | - | - | $-12.36M | - |
| Financing Cash Flow | - | - | $22.97M | - |
| Net Change in Cash | - | - | $-25.23M | - |
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.