$283.06M
Revenue
$287.20M
Net Income
88.46%
Gross Margin
37.06%
Op. Margin
$182.50M
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
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) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $77.11M | $73.47M | $70.01M | $62.47M | $59.87M | $67.77M | $57.19M |
| Revenue Growth % (YoY) | 28.8% | 8.4% | 22.4% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $8.80M | $8.18M | $7.12M | $8.57M | $5.55M | $6.04M | $8.91M |
| Gross Profit | $68.31M | $65.29M | $62.89M | $53.89M | $54.31M | $61.74M | $48.28M |
| Gross Margin % | 88.6% | 88.9% | 89.8% | 86.3% | 90.7% | 91.1% | 84.4% |
| Operating Expenses | $43.88M | $43.72M | $49.92M | $40.62M | $61.54M | $56.02M | $58.70M |
| Research & Development | $10.89M | $8.44M | $7.43M | $5.74M | $8.11M | $3.05M | $4.08M |
| Operating Income | $33.24M | $29.75M | $20.08M | $21.85M | $-1.67M | $11.75M | $-1.51M |
| Operating Margin % | 43.1% | 40.5% | 28.7% | 35.0% | -2.8% | 17.3% | -2.6% |
| Interest Expense | $1.05M | $1.10M | $1.12M | $1.07M | $1.15M | $1.21M | $1.20M |
| Interest Income | $3.50M | $3.32M | $3.19M | $3.57M | $3.99M | $4.27M | - |
| Income Before Tax | $35.69M | $31.96M | $22.16M | $24.35M | $1.17M | $14.81M | $1.48M |
| Income Tax Expense | $-175.10M | $411.00K | $643.00K | $1.00M | $-256.00K | $457.00K | $756.00K |
| Net Income | $210.79M | $31.55M | $21.51M | $23.34M | $1.43M | $14.35M | $722.00K |
| Net Margin % | 273.4% | 42.9% | 30.7% | 37.4% | 2.4% | 21.2% | 1.3% |
| Basic EPS | 1.57 | 0.24 | 0.16 | 0.17 | 0.01 | 0.10 | 0.01 |
| Diluted EPS | 1.52 | 0.23 | 0.16 | 0.16 | 0.01 | 0.10 | 0.01 |
| Basic Shares Outstanding | - | 131.8M | 134.9M | 138.9M | -296K | 143.1M | 143.3M |
| Diluted Shares Outstanding | - | 136.0M | 137.5M | 143.2M | 1.2M | 145.7M | 144.1M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
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) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $80.16M | $72.89M | $52.91M | $66.11M | $83.40M | $36.63M | $33.27M |
| Inventory | $45.69M | $44.79M | $46.50M | $46.20M | $39.23M | $38.71M | $38.85M |
| Other Current Assets | $1.08M | $301.00K | $665.00K | $781.00K | $1.13M | $2.70M | $6.98M |
| Total Current Assets | $491.97M | $438.74M | $408.97M | $405.76M | $446.60M | $440.46M | $409.67M |
| Property Plant & Equipment | $2.11M | $2.27M | $2.42M | $2.58M | $2.73M | $2.89M | $3.04M |
| Intangible Assets | $3.76M | $3.90M | $4.05M | $4.16M | $4.36M | $4.51M | $4.62M |
| Other Non-current Assets | $93.00K | $93.00K | $93.00K | $823.00K | $823.00K | $868.00K | $867.00K |
| Total Assets | $751.59M | $527.53M | $502.56M | $504.85M | $550.64M | $549.36M | $523.53M |
| Accounts Payable | $3.31M | $2.21M | $3.31M | $4.22M | $5.19M | - | - |
| Accrued Liabilities | $66.62M | $49.54M | $49.70M | $42.35M | $64.97M | - | - |
| Deferred Revenue | $3.72M | $4.60M | $5.50M | $4.59M | $11.00M | $4.30M | $4.37M |
| Other Current Liabilities | $2.48M | $2.50M | $2.54M | $1.70M | $1.53M | $1.59M | $1.16M |
| Total Current Liabilities | $93.72M | $76.22M | $78.27M | $68.41M | $97.76M | $78.61M | $76.90M |
| Other Non-current Liabilities | $6.70M | - | - | - | $11.11M | $10.84M | $10.94M |
| Total Liabilities | $170.26M | $161.76M | $167.26M | $154.66M | $173.17M | $161.36M | $158.91M |
| Retained Earnings | $-649.37M | $-860.16M | $-891.71M | $-913.23M | $-936.57M | $-938.00M | $-952.35M |
| Total Stockholders Equity | $581.33M | $365.77M | $335.30M | $350.19M | $377.48M | $388.00M | $364.62M |
| Total Liabilities & Equity | $751.59M | $527.53M | $502.56M | $504.85M | $550.64M | $549.36M | $523.53M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
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) |
|---|---|---|---|---|---|---|---|
| Net Income | $210.79M | $31.55M | $44.86M | $23.34M | $1.43M | $4.32M | $722.00K |
| Depreciation & Amortization | $4.86M | $14.59M | $9.72M | $4.86M | $4.86M | - | - |
| Stock-based Compensation | $6.73M | $7.95M | $2.03M | $-3.41M | $8.95M | $22.65M | $14.32M |
| Change in Receivables | $10.73M | $-5.82M | $3.55M | $3.81M | $61.00K | $12.39M | $1.43M |
| Change in Inventory | $897.00K | $5.57M | $7.28M | $6.97M | $514.00K | $-991.00K | $-852.00K |
| Change in Payables | $1.10M | $-2.97M | $-1.88M | $-974.00K | $-3.69M | - | - |
| Operating Cash Flow | $45.67M | $89.99M | $45.54M | $1.30M | $30.11M | $14.27M | $-2.75M |
| Purchases of Investments | $182.03M | $344.62M | $237.41M | $91.99M | $84.69M | $461.14M | $318.13M |
| Investing Cash Flow | $-36.76M | $3.99M | $17.76M | $31.03M | $39.22M | $39.00K | $10.61M |
| Stock Issued | $355.00K | $401.00K | $401.00K | - | $381.00K | - | - |
| Stock Repurchased | - | $98.16M | $89.48M | $46.92M | $21.80M | $18.43M | $18.43M |
| Financing Cash Flow | $-1.89M | $-104.22M | $-93.73M | $-49.34M | $-23.05M | $-26.05M | $-23.32M |
| Net Change in Cash | $7.02M | $-10.24M | $-30.43M | $-17.00M | $46.29M | $-11.73M | $-15.47M |
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 | $73.47M | - | $205.94M | - |
| Cost of Revenue | $8.18M | - | $23.87M | - |
| Operating Expenses | $43.72M | - | $134.27M | - |
| Research & Development | $8.44M | - | $21.61M | - |
| Operating Income | $29.75M | - | $71.67M | - |
| Interest Expense | $1.10M | - | $3.28M | - |
| Interest Income | $3.32M | - | $10.07M | - |
| Income Before Tax | $31.96M | - | $78.47M | - |
| Income Tax Expense | $411.00K | - | $2.06M | - |
| Net Income | $31.55M | $722.00K | $76.41M | - |
| Basic EPS | 0.24 | - | 0.57 | - |
| Diluted EPS | 0.23 | - | 0.55 | - |
| Basic Shares Outstanding | $131.81M | - | $135.16M | - |
| Diluted Shares Outstanding | $136.01M | - | $138.96M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $72.89M | - |
| Inventory | $44.79M | $39.23M |
| Other Current Assets | $301.00K | $1.13M |
| Total Current Assets | $438.74M | $446.60M |
| Property Plant & Equipment | $2.27M | $2.73M |
| Intangible Assets | $3.90M | $4.36M |
| Other Non-current Assets | $93.00K | $823.00K |
| Total Assets | $527.53M | $550.64M |
| Accounts Payable | $2.21M | $5.19M |
| Accrued Liabilities | $49.54M | $64.97M |
| Deferred Revenue | $4.60M | $11.00M |
| Other Current Liabilities | $2.50M | $1.53M |
| Total Current Liabilities | $76.22M | $97.76M |
| Total Liabilities | $161.76M | $173.17M |
| Retained Earnings | $-860.16M | $-936.57M |
| Total Stockholders Equity | $365.77M | $377.48M |
| Total Liabilities & Equity | $527.53M | $550.64M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $31.55M | $722.00K | $76.41M | - |
| Depreciation & Amortization | - | - | $14.59M | - |
| Stock-based Compensation | - | - | $7.95M | - |
| Change in Receivables | - | - | $-5.82M | - |
| Change in Inventory | - | - | $5.57M | - |
| Change in Payables | - | - | $-2.97M | - |
| Operating Cash Flow | - | - | $89.99M | - |
| Purchases of Investments | - | - | $344.62M | - |
| Investing Cash Flow | - | - | $3.99M | - |
| Stock Issued | - | - | $401.00K | - |
| Stock Repurchased | - | - | $98.16M | - |
| Financing Cash Flow | - | - | $-104.22M | - |
| Net Change in Cash | - | - | $-10.24M | - |
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.