$701.20M
Revenue
$-72.90M
Net Income
50.47%
Gross Margin
-8.78%
Op. Margin
$76.90M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $701.20M | $701.20M | $687.80M | $673.30M | $820.00M | $744.60M |
| Revenue Growth % | 0.0% | 1.9% | 2.2% | -17.9% | 10.1% | nan% |
| Cost of Revenue | $347.30M | $347.30M | $306.50M | $293.60M | $370.00M | $380.30M |
| Gross Profit | $353.90M | $353.90M | $381.30M | $379.70M | $450.00M | $364.30M |
| Gross Margin % | 50.5% | 50.5% | 55.4% | 56.4% | 54.9% | 48.9% |
| Research & Development | $23.30M | $23.30M | $26.20M | $27.20M | $30.60M | $32.30M |
| Selling General & Admin | $315.60M | $315.60M | $318.50M | $335.00M | $341.90M | $300.30M |
| Operating Income | $-61.60M | $-61.60M | $-396.20M | $4.20M | $74.00M | $8.90M |
| Operating Margin % | -8.8% | -8.8% | -57.6% | 0.6% | 9.0% | 1.2% |
| Interest Expense | $6.50M | $6.50M | $11.50M | $15.00M | $10.00M | $3.30M |
| Interest Income | $3.20M | $3.20M | $5.10M | $2.90M | $1.20M | $200.00K |
| Income Before Tax | $-66.20M | $-66.20M | $-403.30M | $-7.90M | $65.20M | $5.80M |
| Income Tax Expense | $6.70M | $6.70M | $-17.00M | $2.00M | $14.70M | $600.00K |
| Net Income | $-72.90M | $-72.90M | $-392.10M | $-61.80M | $50.50M | $5.20M |
| Net Margin % | -10.4% | -10.4% | -57.0% | -9.2% | 6.2% | 0.7% |
| Basic EPS | -1.57 | -1.57 | -8.53 | -1.32 | 1.08 | 0.11 |
| Diluted EPS | -1.57 | -1.57 | -8.53 | -1.32 | 1.07 | 0.11 |
| Basic Shares Outstanding | - | 46.3M | 46.0M | 46.6M | - | - |
| Diluted Shares Outstanding | - | 46.3M | 46.0M | 46.6M | - | - |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $89.80M | $107.70M | $87.70M | $127.70M | $118.50M |
| Accounts Receivable | $103.80M | $132.80M | $142.80M | $167.90M | $118.20M |
| Inventory | $148.00M | $138.80M | $163.20M | $190.30M | $150.30M |
| Other Current Assets | $13.80M | $14.10M | $28.80M | $13.90M | $18.60M |
| Total Current Assets | $355.40M | $393.40M | $487.00M | $499.80M | $418.60M |
| Property Plant & Equipment | $113.40M | $110.70M | $117.20M | $163.90M | $168.10M |
| Goodwill | $394.90M | $455.60M | $796.10M | $819.40M | $801.60M |
| Intangible Assets | $117.80M | $112.30M | $239.50M | $251.00M | $141.20M |
| Other Non-current Assets | $31.50M | $23.20M | $19.30M | $17.60M | $16.50M |
| Total Assets | $1.07B | $1.15B | $1.69B | $1.79B | $1.59B |
| Accounts Payable | $55.50M | $54.30M | $56.30M | $67.90M | $56.40M |
| Accrued Liabilities | $91.30M | $91.30M | $93.20M | $98.90M | $68.10M |
| Total Current Liabilities | $165.20M | $165.90M | $234.60M | $185.80M | $139.20M |
| Long-term Debt | $90.30M | $125.30M | $159.40M | $226.30M | $130.00M |
| Deferred Tax Liabilities | $6.10M | $5.50M | $23.80M | $25.40M | $9.60M |
| Other Non-current Liabilities | $13.50M | $4.40M | $10.00M | $23.50M | $9.10M |
| Total Liabilities | $295.50M | $325.70M | $456.10M | $495.70M | $330.70M |
| Common Stock | $500.00K | $500.00K | $500.00K | $500.00K | $500.00K |
| Retained Earnings | $-779.90M | $-707.00M | $-314.90M | $-253.10M | $-310.30M |
| Treasury Stock | - | - | - | - | $21.30M |
| Total Stockholders Equity | $778.20M | $828.50M | $1.24B | $1.29B | $1.26B |
| Total Liabilities & Equity | $1.07B | $1.15B | $1.69B | $1.79B | $1.59B |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $-72.90M | $-72.90M | $-392.10M | $-61.80M | $50.50M | $5.20M |
| Depreciation & Amortization | $68.10M | $38.90M | $45.50M | $46.10M | $47.70M | $38.30M |
| Stock-based Compensation | $24.30M | $12.60M | $13.80M | $15.80M | $15.90M | $13.20M |
| Deferred Income Tax | - | $-7.80M | $-35.90M | $-8.10M | - | - |
| Change in Receivables | $-78.10M | $-30.90M | $6.60M | $-39.00M | $24.70M | $10.80M |
| Change in Inventory | $700.00K | $-200.00K | $-39.00M | $-4.70M | $30.90M | $-17.20M |
| Operating Cash Flow | $132.90M | $74.70M | $100.70M | $32.40M | $90.90M | $87.30M |
| Capital Expenditure | $56.00M | $31.60M | $17.80M | $17.80M | $19.30M | $21.00M |
| Acquisitions | - | $28.00M | - | $49.60M | $116.10M | - |
| Purchases of Investments | - | - | - | - | - | - |
| Investing Cash Flow | $-92.00M | $-60.60M | $-27.50M | $21.60M | $-135.40M | $-21.00M |
| Debt Repayment | - | - | - | $4.70M | $126.60M | - |
| Stock Repurchased | $8.50M | $3.30M | $12.80M | $19.10M | $45.50M | $11.50M |
| Financing Cash Flow | $-98.40M | $-37.00M | $-49.10M | $-94.20M | $56.70M | $-55.30M |
| Net Change in Cash | $-46.00M | $-17.90M | $20.00M | $-40.00M | $9.20M | $7.00M |
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 | $177.80M | - | $520.30M | - |
| Cost of Revenue | $91.80M | - | $252.40M | - |
| Gross Profit | $86.00M | - | $267.90M | - |
| Research & Development | $6.00M | - | $17.20M | - |
| Selling General & Admin | $77.60M | - | $236.80M | - |
| Operating Income | $100.00K | - | $-64.10M | - |
| Interest Expense | $1.80M | - | $5.90M | - |
| Interest Income | $500.00K | - | $2.60M | - |
| Income Before Tax | $-1.20M | - | $-67.40M | - |
| Income Tax Expense | $200.00K | - | $4.20M | - |
| Net Income | $-1.40M | - | $-71.60M | - |
| Basic EPS | -0.03 | - | -1.55 | - |
| Diluted EPS | -0.03 | - | -1.55 | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $70.50M | $107.70M |
| Accounts Receivable | $111.50M | $132.80M |
| Inventory | $150.60M | $138.80M |
| Other Current Assets | $18.80M | $14.10M |
| Total Current Assets | $351.40M | $393.40M |
| Property Plant & Equipment | $115.40M | $110.70M |
| Goodwill | $394.40M | $455.60M |
| Intangible Assets | $122.00M | $112.30M |
| Other Non-current Assets | $29.30M | $23.20M |
| Total Assets | $1.07B | $1.15B |
| Accounts Payable | $54.20M | $54.30M |
| Accrued Liabilities | $74.80M | $91.30M |
| Total Current Liabilities | $147.90M | $165.90M |
| Long-term Debt | $93.40M | $125.30M |
| Deferred Tax Liabilities | $6.30M | $5.50M |
| Other Non-current Liabilities | $20.70M | $4.40M |
| Total Liabilities | $289.70M | $325.70M |
| Common Stock | $500.00K | $500.00K |
| Retained Earnings | $-778.60M | $-707.00M |
| Total Stockholders Equity | $778.00M | $828.50M |
| Total Liabilities & Equity | $1.07B | $1.15B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-1.40M | - | $-71.60M | - |
| Depreciation & Amortization | - | - | $29.00M | - |
| Stock-based Compensation | - | - | $11.40M | - |
| Change in Receivables | - | - | $-22.80M | - |
| Change in Inventory | - | - | $2.60M | - |
| Operating Cash Flow | - | - | $46.50M | - |
| Capital Expenditure | - | - | $24.70M | - |
| Investing Cash Flow | - | - | $-53.80M | - |
| Stock Repurchased | - | - | $3.00M | - |
| Financing Cash Flow | - | - | $-34.30M | - |
| Net Change in Cash | - | - | $-37.20M | - |
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.