$439.96M
Revenue
$22.22M
Net Income
34.51%
Gross Margin
15.22%
Op. Margin
$110.97M
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 | $103.33M | $90.03M | $142.26M | $104.34M | $93.77M | $86.70M | $114.06M | $101.70M | $110.24M | $91.40M | $131.85M | $117.38M | $118.86M |
| Revenue Growth % (YoY) | 10.2% | 3.8% | 24.7% | 2.6% | -14.9% | -5.1% | -13.5% | -13.4% | -7.3% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $79.45M | $63.05M | $95.39M | $50.22M | $68.62M | $43.00M | $68.96M | $76.33M | $71.05M | $45.93M | $117.44M | $124.47M | $102.21M |
| Gross Profit | $23.87M | $26.97M | $46.86M | $54.13M | $25.16M | $43.70M | $45.09M | $25.38M | $39.19M | $45.47M | $14.41M | $-7.09M | $16.65M |
| Gross Margin % | 23.1% | 30.0% | 32.9% | 51.9% | 26.8% | 50.4% | 39.5% | 25.0% | 35.5% | 49.8% | 10.9% | -6.0% | 14.0% |
| Operating Expenses | $100.08M | $83.98M | $117.41M | $71.51M | $88.77M | $66.07M | $88.33M | $96.08M | $90.00M | $64.63M | $138.00M | $144.90M | $121.78M |
| Operating Income | $3.25M | $6.05M | $24.84M | $32.83M | $5.00M | $20.63M | $25.72M | $5.62M | $20.24M | $26.77M | $-6.15M | $-27.52M | $-2.92M |
| Operating Margin % | 3.1% | 6.7% | 17.5% | 31.5% | 5.3% | 23.8% | 22.6% | 5.5% | 18.4% | 29.3% | -4.7% | -23.4% | -2.5% |
| Interest Expense | $4.68M | $3.05M | $1.62M | $1.34M | $4.72M | $3.92M | $1.93M | $1.96M | $2.23M | $2.45M | $2.70M | $2.08M | $2.00M |
| Other Income/Expense | $-2.07M | $-1.52M | $-1.78M | $-1.56M | $-1.65M | $-1.72M | $-1.91M | $-1.94M | $-2.22M | $-2.44M | $-2.62M | $-2.21M | $-1.99M |
| Income Before Tax | $1.18M | $4.53M | $23.06M | $31.27M | $3.35M | $18.90M | $23.82M | $3.67M | $18.01M | $24.33M | $-8.77M | $-29.73M | $-4.92M |
| Income Tax Expense | $784.00K | $1.38M | $4.60M | $6.61M | $1.69M | $3.21M | $4.75M | $4.54M | $3.35M | $5.24M | $-2.00M | $-2.24M | $-48.00K |
| Net Income | $757.00K | $2.74M | $8.80M | $9.93M | $2.14M | $7.62M | $8.57M | $-338.00K | $7.52M | $7.98M | $-187.00K | $-9.13M | $-881.00K |
| Net Margin % | 0.7% | 3.0% | 6.2% | 9.5% | 2.3% | 8.8% | 7.5% | -0.3% | 6.8% | 8.7% | -0.1% | -7.8% | -0.7% |
| Basic EPS | -0.41 | 0.09 | 1.83 | 2.36 | -0.17 | 1.51 | 1.81 | -0.96 | 1.49 | 1.67 | -0.86 | -0.85 | -0.18 |
| Diluted EPS | -0.41 | 0.09 | 1.83 | 2.36 | -0.17 | 1.51 | 1.81 | -0.93 | 1.47 | 1.67 | -1.26 | -0.85 | -0.18 |
| Basic Shares Outstanding | 3.8M | 3.8M | 3.5M | 14K | 3.3M | 3.3M | 3.2M | 7K | 3.2M | 3.2M | 3.2M | -12.6M | 15.9M |
| Diluted Shares Outstanding | 3.8M | 3.8M | 3.5M | 14K | 3.3M | 3.3M | 3.2M | -4.0M | 7.2M | 3.2M | 7.2M | -12.7M | 15.9M |
| 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 | $53.63M | $62.14M | $64.72M | $53.15M | $66.57M | $53.56M | $50.42M | $42.59M | $45.14M | $47.06M | $45.16M | $33.66M | $40.40M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | $65.31M | $81.47M | $56.74M |
| Inventory | $3.60M | $1.80M | $750.00K | $2.14M | $2.90M | $2.02M | $1.36M | $3.12M | $3.03M | $1.92M | $556.00K | $4.41M | $5.27M |
| Other Current Assets | $9.09M | $8.55M | $8.55M | $10.25M | $8.35M | $8.07M | $6.73M | $6.57M | $7.52M | $8.04M | $8.88M | $8.75M | $6.82M |
| Total Current Assets | $167.57M | $178.10M | $207.09M | $203.77M | $155.75M | $156.41M | $159.34M | $158.97M | $150.15M | $145.32M | $165.21M | $178.93M | $176.42M |
| Property Plant & Equipment | $6.30M | $6.44M | $6.30M | $5.23M | $4.99M | $4.91M | $4.91M | $4.71M | $4.76M | $4.72M | $4.69M | $4.69M | $4.88M |
| Goodwill | $120.34M | $120.34M | $120.34M | $120.34M | $120.34M | $120.34M | $120.34M | $120.34M | $120.34M | $120.34M | $120.34M | $120.34M | $120.34M |
| Intangible Assets | $348.00K | $669.00K | $3.00M | $3.50M | $424.00K | $130.00K | $53.00K | $139.00K | $225.00K | $310.00K | $396.00K | $481.00K | $566.00K |
| Other Non-current Assets | $2.75M | $3.05M | $3.12M | $3.39M | $3.68M | $3.86M | $2.17M | $2.46M | $2.77M | $3.10M | $3.40M | $3.72M | $4.04M |
| Total Assets | $304.81M | $316.34M | $347.40M | $344.94M | $298.42M | $299.67M | $302.66M | $303.83M | $297.08M | $294.78M | $318.97M | $330.95M | $328.15M |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - | $28.14M | $53.30M | $26.99M |
| Accrued Liabilities | $16.30M | $14.58M | $20.52M | $19.78M | $17.24M | $13.56M | $17.90M | $15.09M | $10.41M | $7.87M | $8.81M | $8.43M | $13.56M |
| Other Current Liabilities | $58.00K | $58.00K | $184.00K | $58.00K | $60.00K | $60.00K | $59.00K | $59.00K | $58.00K | $64.00K | $81.00K | $322.00K | $582.00K |
| Total Current Liabilities | $55.83M | $56.09M | $70.91M | $74.70M | $56.39M | $52.94M | $68.05M | $80.00M | $60.75M | $64.91M | $87.58M | $92.17M | $56.10M |
| Total Liabilities | $161.13M | $156.25M | $172.44M | $180.76M | $145.79M | $145.98M | $159.15M | $177.05M | $167.20M | $177.34M | $217.89M | $214.90M | $174.93M |
| Retained Earnings | $25.95M | $30.61M | $33.45M | $26.98M | $19.17M | $19.74M | $14.83M | $8.97M | $12.04M | $7.23M | $1.89M | $2.07M | $3.22M |
| Total Stockholders Equity | $63.69M | $68.20M | $72.71M | $66.73M | $58.24M | $58.26M | $53.18M | $46.60M | $48.89M | $43.41M | $37.76M | $42.57M | $58.02M |
| Total Liabilities & Equity | $304.81M | $316.34M | $347.40M | $344.94M | $298.42M | $299.67M | $302.66M | $303.83M | $297.08M | $294.78M | $318.97M | $330.95M | $328.15M |
| 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 | $757.00K | $2.74M | $8.80M | $9.93M | $2.14M | $16.19M | $8.57M | $-338.00K | $7.52M | $7.98M | $-187.00K | $-9.13M | $-881.00K |
| Depreciation & Amortization | $15.89M | $10.32M | $5.03M | $2.69M | $6.75M | $4.25M | $2.04M | $1.96M | $7.15M | $5.33M | $3.34M | $3.31M | $13.39M |
| Stock-based Compensation | - | - | - | - | $2.41M | $2.44M | $514.00K | $511.00K | $1.78M | $1.28M | $685.00K | $662.00K | $2.59M |
| Deferred Income Tax | $2.92M | $2.13M | $2.03M | $5.73M | $4.43M | $4.20M | $1.56M | $1.82M | $3.34M | $1.37M | $-2.74M | $-3.09M | $5.05M |
| Change in Receivables | $-19.18M | $-16.64M | $5.69M | $25.05M | $-20.39M | $-12.84M | $-7.09M | $12.70M | $-27.47M | $-31.70M | $-15.20M | $28.70M | $-7.08M |
| Change in Inventory | $1.46M | $-333.00K | $-1.39M | $-760.00K | $-227.00K | $-1.11M | $-1.76M | $97.00K | $-1.38M | $-2.48M | $-3.85M | $-869.00K | $3.29M |
| Operating Cash Flow | $46.31M | $43.95M | $24.95M | $2.03M | $48.45M | $28.33M | $17.10M | $8.46M | $40.86M | $34.70M | $13.06M | $-5.00M | $21.21M |
| Capital Expenditure | $2.41M | $1.99M | $1.42M | $457.00K | $1.12M | $730.00K | $450.00K | $291.00K | $1.14M | $775.00K | $374.00K | $213.00K | $1.94M |
| Investing Cash Flow | $-16.41M | $-14.95M | $-14.01M | $-1.78M | $-2.95M | $-730.00K | $-450.00K | $-291.00K | $-1.14M | $-775.00K | $-374.00K | $-471.00K | $-6.40M |
| Dividends Paid | $3.10M | $3.19M | - | - | - | - | - | - | $2.87M | $2.87M | $2.87M | $2.87M | $8.59M |
| Financing Cash Flow | $-44.12M | $-32.39M | $-13.57M | $2.92M | $-21.02M | $-14.30M | $-8.82M | $-10.71M | $-29.93M | $-22.21M | $-2.88M | $-1.52M | $-47.78M |
| Net Change in Cash | $-14.23M | $-3.39M | $-2.63M | $3.18M | $24.49M | $13.29M | $7.83M | $-2.54M | $9.79M | $11.71M | $9.81M | $-7.00M | $-32.97M |
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 | $103.33M | $93.77M | $335.62M | $294.53M |
| Cost of Revenue | $79.45M | $68.62M | $237.90M | $180.58M |
| Operating Expenses | $100.08M | $88.77M | $301.47M | $243.18M |
| Operating Income | $3.25M | $5.00M | $34.15M | $51.35M |
| Interest Expense | $2.09M | $1.67M | $4.68M | $4.72M |
| Other Income/Expense | $-2.07M | $-1.65M | $-5.37M | $-5.28M |
| Income Before Tax | $1.18M | $3.35M | $28.78M | $46.07M |
| Income Tax Expense | $784.00K | $1.69M | $6.76M | $9.65M |
| Net Income | $757.00K | $2.14M | $12.29M | $18.33M |
| Basic EPS | -0.41 | -0.17 | 1.42 | 3.12 |
| Diluted EPS | -0.41 | -0.17 | 1.42 | 3.12 |
| Basic Shares Outstanding | $3.79M | $3.32M | $3.71M | $3.27M |
| Diluted Shares Outstanding | $3.79M | $3.32M | $3.71M | $3.27M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $53.63M | $53.15M |
| Inventory | $3.60M | $2.14M |
| Other Current Assets | $9.09M | $10.25M |
| Total Current Assets | $167.57M | $203.77M |
| Property Plant & Equipment | $6.30M | $5.23M |
| Goodwill | $120.34M | $120.34M |
| Intangible Assets | $348.00K | $3.50M |
| Other Non-current Assets | $2.75M | $3.39M |
| Total Assets | $304.81M | $344.94M |
| Accrued Liabilities | $16.30M | $19.78M |
| Other Current Liabilities | $58.00K | $58.00K |
| Total Current Liabilities | $55.83M | $74.70M |
| Total Liabilities | $161.13M | $180.76M |
| Retained Earnings | $25.95M | $26.98M |
| Total Stockholders Equity | $63.69M | $66.73M |
| Total Liabilities & Equity | $304.81M | $344.94M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $757.00K | $2.14M | $12.29M | $18.33M |
| Depreciation & Amortization | $5.58M | $2.50M | $15.89M | $6.75M |
| Stock-based Compensation | - | - | - | $2.41M |
| Deferred Income Tax | - | - | $2.92M | $4.43M |
| Change in Receivables | - | - | $-19.18M | $-20.39M |
| Change in Inventory | - | - | $1.46M | $-227.00K |
| Operating Cash Flow | - | - | $46.31M | $48.45M |
| Capital Expenditure | - | - | $2.41M | $1.12M |
| Investing Cash Flow | - | - | $-16.41M | $-2.95M |
| Dividends Paid | $3.10M | - | $6.29M | - |
| Financing Cash Flow | - | - | $-44.12M | $-21.02M |
| Net Change in Cash | - | - | $-14.23M | $24.49M |
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.