$114.31M
Revenue
$11.21M
Net Income
-
Gross Margin
10.22%
Op. Margin
$36.75M
Free Cash Flow
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $31.07M | $27.38M | $27.63M | $28.24M | $28.55M | $28.09M | $25.96M | $28.42M | $29.28M | $29.36M | $30.00M | $32.53M | $33.72M |
| Revenue Growth % (YoY) | 8.8% | -2.5% | 6.4% | -0.6% | -2.5% | -4.3% | -13.5% | -12.7% | -13.2% | nan% | nan% | nan% | nan% |
| Operating Expenses | $27.86M | $24.38M | $25.61M | $24.78M | $25.28M | $25.82M | $25.83M | $72.05M | $31.25M | $30.65M | $30.22M | $31.58M | $32.03M |
| Research & Development | $1.58M | $1.02M | $1.24M | $1.01M | $800.00K | $1.05M | $913.00K | $1.21M | $1.26M | $1.19M | $1.08M | $1.15M | $1.17M |
| Operating Income | $3.21M | $3.00M | $2.02M | $3.46M | $3.27M | $2.27M | $129.00K | $-43.63M | $-1.97M | $-1.29M | $-223.00K | $952.00K | $1.69M |
| Operating Margin % | 10.3% | 10.9% | 7.3% | 12.2% | 11.4% | 8.1% | 0.5% | -153.6% | -6.7% | -4.4% | -0.7% | 2.9% | 5.0% |
| Interest Expense | $64.00K | $44.00K | $18.00K | $35.00K | $642.00K | $527.00K | $295.00K | $297.00K | $630.00K | $341.00K | $75.00K | $37.00K | $125.00K |
| Other Income/Expense | $-55.00K | $-35.00K | $-14.00K | $-71.00K | $60.00K | $-294.00K | $7.00K | $-292.00K | $-422.00K | $-186.00K | $17.00K | $-337.00K | $-495.00K |
| Income Before Tax | $3.10M | $2.94M | $1.99M | $3.34M | $3.16M | $1.71M | $-202.00K | $-44.26M | $-2.69M | $-1.75M | $-336.00K | $532.00K | $1.11M |
| Income Tax Expense | $43.00K | $42.00K | $41.00K | $41.00K | $41.00K | $39.00K | $39.00K | $-568.00K | $57.00K | $82.00K | $65.00K | $33.00K | $55.00K |
| Net Income | $3.06M | $2.90M | $1.95M | $3.30M | $3.12M | $1.67M | $-241.00K | $-43.69M | $-2.75M | $-1.83M | $-401.00K | $499.00K | $1.06M |
| Net Margin % | 9.8% | 10.6% | 7.0% | 11.7% | 10.9% | 6.0% | -0.9% | -153.8% | -9.4% | -6.2% | -1.3% | 1.5% | 3.1% |
| Basic EPS | 0.04 | 0.04 | -0.04 | 0.00 | -0.04 | -0.14 | -0.02 | -3.04 | -0.42 | -0.37 | -0.28 | -0.22 | -0.18 |
| Diluted EPS | 0.04 | 0.04 | -0.04 | 0.00 | -0.04 | -0.14 | -0.02 | -3.04 | -0.42 | -0.37 | nan | -0.22 | nan |
| Basic Shares Outstanding | 42.4M | 42.3M | 23.8M | 33K | 16.2M | 16.1M | 16.0M | 69K | 15.8M | 15.6M | 15.4M | 39K | 15.1M |
| Diluted Shares Outstanding | 42.4M | 42.3M | 23.8M | 33K | 16.2M | 16.1M | 16.0M | 69K | 15.8M | 15.6M | - | 39K | - |
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $4.26M | $10.44M | $6.80M | $5.14M | $2.78M | $2.62M | $4.14M | $3.33M | - | - | - | $12.30M | $3.87M |
| Accounts Receivable | $15.32M | $13.56M | $13.89M | $12.77M | $11.99M | $13.08M | $11.96M | $11.89M | $12.31M | $12.02M | $14.65M | $14.77M | $16.28M |
| Inventory | $605.00K | $523.00K | $609.00K | $574.00K | $514.00K | $497.00K | $480.00K | $465.00K | $478.00K | $402.00K | $265.00K | $381.00K | $418.00K |
| Other Current Assets | $4.29M | $2.59M | $2.84M | $1.96M | $2.74M | $2.91M | $2.23M | $2.45M | $3.30M | $2.88M | $3.37M | $2.79M | $3.69M |
| Total Current Assets | $29.26M | $31.09M | $28.62M | $24.80M | $22.66M | $23.92M | $24.28M | $23.24M | $27.49M | $27.82M | $31.48M | $34.65M | $29.68M |
| Property Plant & Equipment | $6.31M | $5.83M | $5.32M | $5.29M | $4.89M | $5.05M | $5.44M | $5.32M | $5.32M | $4.75M | $4.52M | $5.06M | $5.10M |
| Goodwill | $30.41M | $19.19M | $19.19M | $19.19M | $19.19M | $19.19M | $19.19M | $19.19M | - | - | - | $61.19M | - |
| Intangible Assets | $21.26M | $15.51M | $16.88M | $18.70M | $20.11M | $21.50M | $23.24M | $25.07M | $26.69M | $27.92M | $28.54M | $29.52M | $29.76M |
| Other Non-current Assets | $549.00K | $564.00K | $456.00K | $507.00K | $536.00K | $624.00K | $641.00K | $641.00K | $745.00K | $737.00K | $838.00K | $838.00K | $787.00K |
| Total Assets | $90.58M | $75.24M | $73.56M | $71.61M | $70.69M | $74.01M | $76.89M | $77.83M | $125.92M | $126.84M | $131.02M | $136.17M | $131.20M |
| Accounts Payable | $6.69M | $4.21M | $4.95M | $4.57M | $5.57M | $5.45M | $5.92M | $5.80M | $6.24M | $5.18M | $5.19M | $5.68M | $4.57M |
| Accrued Liabilities | $5.67M | $4.91M | $5.00M | $4.95M | $5.14M | $6.62M | $6.35M | $5.07M | $4.63M | $3.93M | $3.73M | $4.43M | $5.32M |
| Deferred Revenue | $4.27M | $1.23M | $1.30M | $1.21M | $1.31M | $1.22M | $1.39M | $1.38M | $1.53M | $1.24M | $1.39M | $1.39M | $1.42M |
| Total Current Liabilities | $23.20M | $16.24M | $16.95M | $19.58M | $21.93M | $23.24M | $23.80M | $23.30M | $21.94M | $19.61M | $19.20M | $22.40M | $24.55M |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | $606.00K | $589.00K | $551.00K | $525.00K | $511.00K |
| Total Liabilities | $32.77M | $19.17M | $19.38M | $21.84M | $24.19M | $30.77M | $35.47M | $36.11M | $37.77M | $33.31M | $32.94M | $34.48M | $28.37M |
| Common Stock | $43.00K | $43.00K | $43.00K | $17.00K | $17.00K | $17.00K | $17.00K | $17.00K | $17.00K | $16.00K | $16.00K | $16.00K | $16.00K |
| Retained Earnings | $-58.72M | $-61.78M | $-64.68M | $-66.63M | $-69.93M | $-73.05M | $-74.72M | $-74.48M | $-30.79M | $-28.04M | $-26.21M | $-25.62M | $-26.12M |
| Treasury Stock | - | $662.00K | $662.00K | $662.00K | $662.00K | $662.00K | $662.00K | $662.00K | $662.00K | $662.00K | $662.00K | $662.00K | $662.00K |
| Total Stockholders Equity | $57.80M | $56.08M | $54.18M | $49.77M | $46.51M | $43.24M | $41.42M | $41.72M | $88.15M | $93.52M | $98.08M | $101.69M | $102.82M |
| Total Liabilities & Equity | $90.58M | $75.24M | $73.56M | $71.61M | $70.69M | $74.01M | $76.89M | $77.83M | $125.92M | $126.84M | $131.02M | $136.17M | $131.20M |
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $3.06M | $2.90M | $1.95M | $3.30M | $4.55M | $1.67M | $-241.00K | $-43.69M | $-4.98M | $-1.83M | $-401.00K | $499.00K | $4.93M |
| Depreciation & Amortization | $4.02M | $6.72M | $3.34M | $3.26M | $3.24M | $3.71M | $3.93M | $4.12M | $3.90M | $3.34M | $3.04M | $3.04M | $8.69M |
| Stock-based Compensation | $88.00K | $111.00K | $108.00K | $306.00K | $252.00K | $265.00K | $-708.00K | $1.10M | $1.21M | $2.57M | $1.07M | $1.51M | $1.33M |
| Change in Receivables | $796.00K | $958.00K | $1.18M | $832.00K | $388.00K | $1.31M | $111.00K | $-357.00K | $-1.89M | $-2.27M | $156.00K | $-1.48M | $-10.00K |
| Change in Inventory | $31.00K | $-51.00K | $35.00K | $60.00K | $49.00K | $32.00K | $15.00K | $-13.00K | $97.00K | $21.00K | $-116.00K | $-37.00K | $-85.00K |
| Operating Cash Flow | $19.89M | $12.52M | $5.11M | $5.23M | $15.41M | $8.35M | $4.07M | $3.74M | $11.72M | $7.41M | $1.02M | $6.05M | $15.10M |
| Capital Expenditure | $2.65M | $1.79M | $624.00K | $938.00K | $759.00K | $425.00K | $298.00K | $376.00K | $2.69M | $1.62M | $835.00K | $432.00K | $2.16M |
| Investing Cash Flow | $-21.20M | $-3.50M | $-1.51M | $-2.26M | $-5.14M | $-3.47M | $-1.87M | $-2.29M | $-9.32M | $-6.08M | $-3.04M | $-2.64M | $-9.12M |
| Financing Cash Flow | $1.23M | $-3.69M | $-1.93M | $-578.00K | $-10.68M | $-5.51M | $-1.37M | $-4.88M | $-8.41M | $-5.83M | $-1.79M | $3.49M | $-11.14M |
| Net Change in Cash | $-72.00K | $5.29M | $1.66M | $2.36M | $-549.00K | $-714.00K | $807.00K | $-3.08M | $-5.89M | $-4.63M | $-4.14M | $7.43M | $-5.47M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.