$114.31M
Revenue
$11.21M
Net Income
-
Gross Margin
10.22%
Op. Margin
$36.75M
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 | $114.31M | $110.84M | $117.06M | $138.83M | $139.60M | $105.12M |
| Revenue Growth % | 3.1% | -5.3% | -15.7% | -0.6% | 32.8% | nan% |
| Operating Expenses | $102.63M | $101.72M | $164.17M | $132.22M | $136.07M | $113.39M |
| Research & Development | $4.85M | $3.78M | $4.74M | $4.40M | $4.41M | $9.31M |
| Operating Income | $11.68M | $9.12M | $-47.12M | $6.61M | $3.53M | $-8.27M |
| Operating Margin % | 10.2% | 8.2% | -40.2% | 4.8% | 2.5% | -7.9% |
| Interest Expense | $161.00K | $677.00K | $927.00K | $162.00K | $103.00K | $165.00K |
| Other Income/Expense | $-175.00K | $-298.00K | $-883.00K | $-637.00K | $-96.00K | $7.00K |
| Income Before Tax | $11.37M | $8.01M | $-49.04M | $5.61M | $2.99M | $-8.71M |
| Income Tax Expense | $167.00K | $160.00K | $-364.00K | $177.00K | $157.00K | $103.00K |
| Net Income | $11.21M | $7.85M | $-48.67M | $5.43M | $2.84M | $-8.81M |
| Net Margin % | 9.8% | 7.1% | -41.6% | 3.9% | 2.0% | -8.4% |
| Basic EPS | 0.04 | -0.28 | -4.11 | -0.67 | -0.77 | nan |
| Diluted EPS | 0.04 | -0.28 | -4.11 | -0.67 | nan | nan |
| Basic Shares Outstanding | 42.4M | 16.1M | 15.7M | 15.1M | 14.5M | - |
| Diluted Shares Outstanding | 42.4M | 16.1M | 15.7M | 15.1M | - | - |
| 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 | $5.14M | $3.33M | $12.30M | $9.34M | $20.93M |
| Accounts Receivable | $12.77M | $11.89M | $14.77M | $17.01M | $12.09M |
| Inventory | $574.00K | $465.00K | $381.00K | $503.00K | $399.00K |
| Other Current Assets | $1.96M | $2.45M | $2.79M | $2.97M | $7.29M |
| Total Current Assets | $24.80M | $23.24M | $34.65M | $35.56M | $44.82M |
| Property Plant & Equipment | $5.29M | $5.32M | $5.06M | $5.40M | $4.92M |
| Goodwill | $19.19M | $19.19M | $61.19M | $61.19M | $49.29M |
| Intangible Assets | $18.70M | $25.07M | $29.52M | $30.78M | $29.98M |
| Other Non-current Assets | $507.00K | $641.00K | $838.00K | $981.00K | $1.25M |
| Total Assets | $71.61M | $77.83M | $136.17M | $140.85M | $138.00M |
| Accounts Payable | $4.57M | $5.80M | $5.68M | $5.95M | $6.46M |
| Accrued Liabilities | $4.95M | $5.07M | $4.43M | $5.09M | $8.50M |
| Deferred Revenue | $1.21M | $1.38M | $1.39M | $1.08M | $1.17M |
| Total Current Liabilities | $19.58M | $23.30M | $22.40M | $29.56M | $29.02M |
| Deferred Tax Liabilities | - | - | $525.00K | $449.00K | $160.00K |
| Total Liabilities | $21.84M | $36.11M | $34.48M | $42.92M | $36.75M |
| Common Stock | $17.00K | $17.00K | $16.00K | $16.00K | $14.00K |
| Retained Earnings | $-66.63M | $-74.48M | $-25.62M | $-31.05M | $-33.89M |
| Treasury Stock | $662.00K | $662.00K | $662.00K | $662.00K | $662.00K |
| Total Stockholders Equity | $49.77M | $41.72M | $101.69M | $97.93M | $101.25M |
| Total Liabilities & Equity | $71.61M | $77.83M | $136.17M | $140.85M | $138.00M |
| 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 | $11.21M | $7.85M | $-48.67M | $5.43M | $2.84M | $-8.81M |
| Depreciation & Amortization | $17.34M | $14.14M | $14.40M | $11.72M | $12.20M | $9.90M |
| Stock-based Compensation | $613.00K | $115.00K | $4.89M | $4.91M | $5.40M | $6.50M |
| Deferred Income Tax | - | - | $-525.00K | $76.00K | - | $-84.00K |
| Change in Receivables | $3.77M | $1.22M | $-2.25M | $-1.49M | $620.00K | $-394.00K |
| Change in Inventory | $75.00K | $109.00K | $84.00K | $-122.00K | $104.00K | $-92.00K |
| Operating Cash Flow | $42.75M | $20.64M | $15.46M | $21.15M | $13.33M | $-892.00K |
| Capital Expenditure | $6.00M | $1.70M | $3.06M | $2.59M | $2.93M | $2.59M |
| Acquisitions | - | - | - | - | $12.58M | $23.72M |
| Investing Cash Flow | $-28.48M | $-7.41M | $-11.61M | $-11.77M | $-23.15M | $-31.47M |
| Stock Issued | - | - | - | - | $2.73M | - |
| Financing Cash Flow | $-4.98M | $-11.26M | $-13.29M | $-7.65M | $-519.00K | $33.42M |
| Net Change in Cash | $9.25M | $1.81M | $-8.97M | $1.96M | $-10.59M | $931.00K |
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 | $31.07M | - | $86.08M | - |
| Operating Expenses | $27.86M | - | $77.85M | - |
| Research & Development | $1.58M | - | $3.84M | - |
| Operating Income | $3.21M | - | $8.22M | - |
| Interest Expense | - | - | $64.00K | - |
| Other Income/Expense | $-55.00K | - | $-104.00K | - |
| Income Before Tax | $3.10M | - | $8.04M | - |
| Income Tax Expense | $43.00K | - | $126.00K | - |
| Net Income | $3.06M | $1.67M | $7.91M | - |
| Basic EPS | 0.04 | - | 0.07 | - |
| Diluted EPS | 0.04 | - | 0.07 | - |
| Basic Shares Outstanding | $42.37M | - | $36.24M | - |
| Diluted Shares Outstanding | $42.37M | - | $36.24M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $4.26M | $5.14M |
| Accounts Receivable | $15.32M | $12.77M |
| Inventory | $605.00K | $574.00K |
| Other Current Assets | $4.29M | $1.96M |
| Total Current Assets | $29.26M | $24.80M |
| Property Plant & Equipment | $6.31M | $5.29M |
| Goodwill | $30.41M | $19.19M |
| Intangible Assets | $21.26M | $18.70M |
| Other Non-current Assets | $549.00K | $507.00K |
| Total Assets | $90.58M | $71.61M |
| Accounts Payable | $6.69M | $4.57M |
| Accrued Liabilities | $5.67M | $4.95M |
| Deferred Revenue | $4.27M | $1.21M |
| Total Current Liabilities | $23.20M | $19.58M |
| Total Liabilities | $32.77M | $21.84M |
| Common Stock | $43.00K | $17.00K |
| Retained Earnings | $-58.72M | $-66.63M |
| Total Stockholders Equity | $57.80M | $49.77M |
| Total Liabilities & Equity | $90.58M | $71.61M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $3.06M | $1.67M | $7.91M | - |
| Depreciation & Amortization | $4.02M | - | $10.74M | - |
| Stock-based Compensation | $88.00K | - | $307.00K | - |
| Change in Receivables | - | - | $796.00K | - |
| Change in Inventory | - | - | $31.00K | - |
| Operating Cash Flow | - | - | $19.89M | - |
| Capital Expenditure | - | - | $2.65M | - |
| Investing Cash Flow | - | - | $-21.20M | - |
| Financing Cash Flow | - | - | $1.23M | - |
| Net Change in Cash | - | - | $-72.00K | - |
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.