$376.57M
Revenue
$-77.67M
Net Income
50.72%
Gross Margin
-36.18%
Op. Margin
$-140.15M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2021 (Sep 30, 2021) |
FY 2020 (Sep 30, 2020) |
FY 2019 (Sep 30, 2019) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $376.57M | $376.57M | $312.97M | $245.11M | $132.33M | $90.10M | $54.38M |
| Revenue Growth % | 0.0% | 20.3% | 27.7% | 85.2% | 46.9% | 65.7% | nan% |
| Cost of Revenue | $185.57M | $185.57M | $179.62M | $155.38M | $80.62M | $61.41M | $47.43M |
| Gross Profit | $191.00M | $191.00M | $133.35M | $89.73M | $51.71M | $28.69M | $6.96M |
| Gross Margin % | 50.7% | 50.7% | 42.6% | 36.6% | 39.1% | 31.8% | 12.8% |
| Operating Expenses | $512.83M | $512.83M | $533.80M | $462.27M | $285.06M | $230.18M | $163.24M |
| Research & Development | $80.28M | $80.28M | $90.85M | $106.89M | $69.07M | $43.01M | $35.68M |
| Selling General & Admin | $246.97M | $246.98M | $218.40M | $189.74M | $135.90M | $103.27M | $80.13M |
| Operating Income | $-136.26M | $-136.26M | $-220.83M | $-217.16M | $-152.73M | $-140.08M | $-108.85M |
| Operating Margin % | -36.2% | -36.2% | -70.6% | -88.6% | -115.4% | -155.5% | -200.1% |
| Interest Expense | - | - | - | $5.00K | $367.00K | $787.00K | $1.29M |
| Interest Income | $11.36M | $11.36M | $15.34M | $14.37M | $435.00K | $1.50M | $3.03M |
| Other Income/Expense | $-736.00K | $-903.00K | $-2.68M | $-672.00K | $-1.37M | $-182.00K | $-265.00K |
| Income Before Tax | $-76.95M | $-76.95M | $-208.17M | $-203.47M | $-154.03M | $-139.55M | $-107.38M |
| Income Tax Expense | $720.00K | $719.00K | $560.00K | $1.15M | $-1.93M | $382.00K | $292.00K |
| Net Income | $-77.67M | $-77.67M | $-208.73M | $-204.62M | $-152.10M | $-139.93M | $-107.67M |
| Net Margin % | -20.6% | -20.6% | -66.7% | -83.5% | -114.9% | -155.3% | -198.0% |
| Basic EPS | -1.30 | -1.30 | -3.60 | -3.60 | -3.15 | nan | nan |
| Diluted EPS | -1.31 | -1.30 | -3.60 | -3.60 | -3.15 | nan | nan |
| Basic Shares Outstanding | 208K | 59.8M | 58.0M | 56.9M | 48.3M | - | - |
| Diluted Shares Outstanding | 208K | 59.8M | 58.0M | 56.9M | 48.3M | - | - |
| Breakdown | FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2021 (Sep 30, 2021) |
FY 2020 (Sep 30, 2020) |
FY 2019 (Sep 30, 2019) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $183.05M | $226.32M | $286.47M | $465.83M | $93.67M | $46.73M |
| Short-term Investments | $49.38M | $50.08M | $49.94M | $12.03M | $196.34M | $91.37M |
| Accounts Receivable | $57.02M | $34.90M | $44.06M | $28.55M | $26.38M | $12.10M |
| Inventory | $28.31M | $24.08M | $32.06M | $31.80M | $12.29M | $7.33M |
| Other Current Assets | $15.20M | $11.40M | $11.72M | $8.28M | $6.20M | $2.59M |
| Total Current Assets | $332.97M | $346.78M | $424.26M | $546.50M | $334.87M | $160.13M |
| Property Plant & Equipment | $102.28M | $102.52M | $131.83M | $44.12M | $25.47M | $20.84M |
| Goodwill | $82.19M | $85.81M | $85.81M | $22.43M | $1.14M | $1.14M |
| Intangible Assets | $13.43M | $14.48M | $54.48M | $18.26M | $307.00K | $508.00K |
| Other Non-current Assets | $4.90M | $1.57M | $5.68M | $7.67M | $2.82M | $3.80M |
| Total Assets | $641.86M | $614.32M | $776.40M | $702.10M | $398.88M | $186.99M |
| Accounts Payable | $11.09M | $1.63M | $14.05M | $14.90M | $4.83M | $9.76M |
| Accrued Liabilities | $23.05M | $15.10M | $10.75M | $6.44M | $3.90M | $5.96M |
| Other Current Liabilities | $12.15M | $5.82M | $7.80M | $9.62M | $2.61M | $817.00K |
| Total Current Liabilities | $91.41M | $71.01M | $73.32M | $63.05M | $36.03M | $30.35M |
| Long-term Debt | - | - | - | - | $1.40M | $4.40M |
| Other Non-current Liabilities | $747.00K | $407.00K | $475.00K | $5.07M | $351.00K | $158.00K |
| Total Liabilities | $168.90M | $141.63M | $152.97M | $121.28M | $62.62M | $34.91M |
| Common Stock | - | - | - | - | - | - |
| Retained Earnings | $-1.32B | $-1.24B | $-1.03B | $-610.55M | $-458.45M | $-318.52M |
| Total Stockholders Equity | $472.96M | $472.69M | $623.43M | $580.82M | $336.26M | $152.08M |
| Total Liabilities & Equity | $641.86M | $614.32M | $776.40M | $702.10M | $398.88M | $186.99M |
| Breakdown | TTM (Sep 30, 2025) |
FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2021 (Sep 30, 2021) |
FY 2020 (Sep 30, 2020) |
FY 2019 (Sep 30, 2019) |
|---|---|---|---|---|---|---|---|
| Net Income | $-77.67M | $-77.67M | $-208.73M | $-204.62M | $-152.10M | $-139.93M | $-107.67M |
| Depreciation & Amortization | $44.02M | $24.85M | $31.43M | $29.31M | $9.75M | $6.68M | $6.11M |
| Stock-based Compensation | $108.77M | $64.46M | $50.92M | $30.28M | $37.00M | $17.10M | $11.17M |
| Change in Receivables | $42.18M | $22.38M | $-8.44M | $4.32M | $2.20M | $14.27M | $6.68M |
| Change in Inventory | $452.00K | $4.23M | $-7.99M | $-7.24M | $19.49M | $4.96M | $1.30M |
| Change in Payables | $21.46M | $9.33M | $-11.80M | $-2.51M | $8.54M | $-5.51M | $3.28M |
| Operating Cash Flow | $-103.47M | $-47.63M | $-64.09M | $-142.47M | $-112.24M | $-142.25M | $-87.94M |
| Capital Expenditure | $36.68M | $28.00M | $5.08M | $27.78M | $27.06M | $9.87M | $14.76M |
| Acquisitions | - | - | - | - | $483.00K | - | - |
| Purchases of Investments | $95.51M | $49.39M | $51.91M | $76.34M | $58.80M | $202.88M | $177.57M |
| Investing Cash Flow | $-29.26M | $-24.76M | $-3.07M | $50.61M | $156.16M | $-114.65M | $-104.81M |
| Debt Repayment | - | - | - | - | $3.33M | $3.33M | $2.50M |
| Financing Cash Flow | $67.62M | $28.54M | $6.89M | $911.00K | $329.18M | $303.73M | $158.58M |
| Net Change in Cash | $-64.97M | $-43.71M | $-60.15M | $-90.98M | $373.11M | $46.85M | $-34.14M |
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-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.