$-46.87M
Net Interest Income
$-240.13M
Net Income
-
Efficiency Ratio
-1.98%
Net Int. Margin
-37.9%
ROE
| 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) |
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) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Income | $60.84M | $57.20M | $45.62M | $40.57M | $41.46M | $40.84M | $52.88M | $51.17M | $52.07M | $37.69M | $33.92M | $45.31M | $39.29M | - | - | - | - | - | - | - |
| Interest Expense | $8.08M | $8.79M | $7.77M | $7.02M | $7.43M | $10.82M | $11.47M | $10.71M | $14.07M | $9.41M | $4.28M | $7.13M | $4.52M | - | - | - | $478.00K | - | - | - |
| Net Interest Income | $30.87M | $18.57M | $16.51M | $27.90M | $19.69M | $-5.45M | $-2.90M | $-10.27M | $-12.53M | - | - | - | - | - | - | - | - | - | - | - |
| Total Revenue | $296.09M | $277.11M | $257.29M | $213.37M | $218.96M | $162.14M | $127.63M | $127.79M | $140.31M | $134.56M | $135.77M | $102.93M | $146.91M | $157.23M | $228.16M | $310.14M | $304.85M | $228.45M | $193.95M | $121.34M |
| Revenue Growth % (YoY) | 35.2% | 70.9% | 101.6% | 67.0% | 56.1% | 20.5% | -6.0% | 24.2% | -4.5% | -14.4% | -40.5% | -66.8% | -51.8% | -31.2% | 17.6% | 155.6% | nan% | nan% | nan% | nan% |
| Income Tax Expense | $526.00K | $124.00K | $49.00K | $29.00K | $111.00K | $45.00K | $15.00K | $14.00K | $63.00K | $10.00K | $18.00K | $16.00K | $-464.00K | $12.00K | $24.00K | $19.00K | $323.00K | $-1.27M | $-988.00K | $221.00K |
| Net Income | $18.64M | $31.80M | $5.61M | $-2.45M | $-2.75M | $-6.76M | $-54.47M | $-64.60M | $-42.40M | $-40.31M | $-28.16M | $-129.25M | $-55.26M | $-56.22M | $-29.87M | $32.69M | $58.94M | $29.11M | $37.28M | $10.10M |
| Net Margin % | 6.3% | 11.5% | 2.2% | -1.1% | -1.3% | -4.2% | -42.7% | -50.5% | -30.2% | -30.0% | -20.7% | -125.6% | -37.6% | -35.8% | -13.1% | 10.5% | 19.3% | 12.7% | 19.2% | 8.3% |
| Basic EPS | 0.19 | 0.33 | 0.06 | -0.03 | -0.02 | -0.07 | -0.62 | -0.74 | -0.49 | -0.48 | -0.34 | -1.58 | -0.67 | -0.69 | -0.36 | 0.39 | 0.73 | 0.37 | 0.49 | 0.14 |
| Diluted EPS | 0.17 | 0.23 | 0.05 | -0.03 | -0.02 | -0.07 | -0.62 | -0.74 | -0.49 | -0.48 | -0.34 | -1.58 | -0.67 | -0.69 | -0.36 | 0.34 | 0.62 | 0.30 | 0.39 | 0.11 |
| 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) |
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) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Due from Banks | $652.39M | $489.78M | $395.94M | $599.78M | $788.42M | - | - | - | $368.40M | - | - | - | - | - | - | - | - | - | - | - |
| Goodwill & Intangibles | $67.06M | $67.06M | $67.06M | $67.06M | $67.06M | $67.06M | $67.06M | $67.06M | $67.06M | $67.06M | $67.06M | $67.06M | $67.06M | $67.06M | $67.06M | $67.06M | $67.06M | $66.87M | $66.87M | - |
| Premises & Equipment | $44.17M | $44.26M | $43.94M | $42.41M | $39.01M | $38.33M | $39.73M | $40.55M | $42.66M | $48.01M | $47.01M | $46.98M | $44.17M | $40.99M | $36.05M | $29.82M | $24.26M | $18.90M | $13.55M | $10.10M |
| Other Assets | $255.39M | $334.55M | $300.27M | $234.22M | $216.76M | $172.65M | $143.99M | $144.63M | $146.23M | $143.78M | $151.92M | $134.40M | $138.72M | $131.70M | $126.60M | $126.98M | $121.10M | $77.49M | $72.99M | $51.94M |
| Total Assets | $2.97B | $2.90B | $2.48B | $2.30B | $2.37B | $1.81B | $1.82B | $1.93B | $2.02B | $2.00B | $1.76B | $1.82B | $1.94B | $1.92B | $1.92B | $1.99B | $1.82B | $1.61B | $904.58M | $488.59M |
| Other Liabilities | $6.79M | - | - | - | $3.24M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $2.18B | $2.16B | $1.76B | $1.62B | $1.73B | $1.21B | $1.23B | $1.31B | $1.38B | $1.36B | $1.13B | $1.19B | $1.26B | $1.20B | $1.16B | $1.11B | $1.01B | $887.04M | $188.49M | $168.00M |
| Common Stock | $10.00K | $10.00K | $10.00K | $10.00K | $9.00K | $9.00K | $9.00K | $9.00K | $9.00K | $9.00K | $8.00K | $8.00K | $8.00K | $8.00K | $8.00K | $9.00K | $8.00K | $8.00K | $8.00K | $7.00K |
| Retained Earnings | $-357.56M | $-376.19M | $-408.00M | $-413.60M | $-411.16M | $-408.40M | $-401.64M | $-347.17M | $-282.58M | $-240.18M | $-199.86M | $-171.70M | $-42.44M | $12.82M | $69.04M | $98.91M | $66.22M | $7.28M | $-21.84M | $-59.12M |
| Total Stockholders Equity | $798.82M | $743.72M | $722.01M | $676.64M | $633.22M | $595.54M | $594.71M | $612.80M | $635.30M | $640.76M | $638.14M | $627.21M | $672.43M | $718.57M | $757.07M | $876.50M | $807.08M | $719.09M | $716.10M | $320.59M |
| Total Liabilities & Equity | $2.97B | $2.90B | $2.48B | $2.30B | $2.37B | $1.81B | $1.82B | $1.93B | $2.02B | $2.00B | $1.76B | $1.82B | $1.94B | $1.92B | $1.92B | $1.99B | $1.82B | $1.61B | $904.58M | $488.59M |
| 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) |
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) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $18.64M | $31.80M | $5.61M | $-2.45M | $-2.75M | $-125.83M | $-119.07M | $-64.60M | $-42.40M | $-197.73M | $-28.16M | $-129.25M | $-55.26M | $-53.40M | $-29.87M | $32.69M | $58.94M | $76.50M | $37.28M | $10.10M |
| Depreciation & Amortization | $6.46M | $18.37M | $12.24M | $6.40M | $4.70M | $15.85M | $10.46M | $5.63M | $9.10M | $15.80M | $10.87M | $6.44M | $3.65M | $9.86M | $6.13M | $2.78M | $2.56M | $4.98M | $2.80M | $816.00K |
| Stock-based Compensation | $32.45M | $99.50M | $65.34M | $29.83M | $29.80M | $103.60M | $69.99M | $35.78M | $32.77M | $142.27M | $106.70M | $74.11M | $33.91M | $92.03M | $55.38M | $25.05M | $23.06M | $50.12M | $29.81M | $8.62M |
| Operating Cash Flow | $108.55M | $-256.28M | $-133.65M | $-13.49M | $-110.93M | $297.26M | $117.92M | $52.62M | $-143.71M | $-16.78M | $86.65M | $-75.73M | $-252.88M | $-421.80M | $-320.44M | $-266.80M | $-11.14M | $179.50M | $135.90M | $43.09M |
| Capital Expenditures | $157.00K | $190.00K | $115.00K | - | - | $837.00K | $721.00K | $684.00K | $242.00K | $1.28M | $1.15M | $1.11M | $1.74M | $7.09M | $5.58M | $1.63M | $3.47M | $4.96M | $2.00M | $267.00K |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $196.00K | $16.56M | $16.56M | - |
| Investing Cash Flow | $131.74M | $-308.91M | $-188.40M | $-78.57M | $-77.91M | $-159.82M | $-113.65M | $-37.55M | $-29.89M | $-88.56M | $-64.35M | $-25.85M | $-85.11M | $-29.01M | $-4.76M | $5.18M | $-19.78M | $-124.10M | $-39.70M | $902.00K |
| Common Stock Repurchased | - | - | - | - | - | - | - | - | - | - | - | - | $27.81M | $150.07M | $125.04M | - | - | - | - | - |
| Financing Cash Flow | $-20.18M | $425.83M | $47.25M | $-44.68M | $509.33M | $50.54M | $88.56M | $-43.71M | $26.36M | $187.90M | $-44.88M | $20.97M | $40.53M | $89.50M | $48.38M | $83.07M | $50.40M | $805.03M | $210.00M | $-19.26M |
| Net Change in Cash | $220.11M | $-139.36M | $-274.80M | $-136.74M | $320.50M | $187.98M | $92.83M | $-28.64M | $-147.24M | $82.56M | $-22.57M | $-80.61M | $-297.46M | $-361.31M | $-276.82M | $-178.55M | $19.48M | $860.43M | $306.20M | $24.73M |
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 | $277.11M | $162.14M | $747.77M | $417.56M |
| Operating Expenses | $253.44M | $207.29M | $724.05M | $585.67M |
| Research & Development | $64.03M | $64.89M | $190.69M | $186.43M |
| Operating Income | $23.67M | $-45.15M | $23.71M | $-168.11M |
| Interest Expense | $8.79M | $10.82M | $34.51M | $34.80M |
| Other Income/Expense | $1.02M | $5.08M | $4.21M | $8.99M |
| Income Tax Expense | $124.00K | $45.00K | $202.00K | $74.00K |
| Net Income | $31.80M | $-6.76M | $34.97M | $-125.83M |
| Basic EPS | 0.33 | -0.07 | 0.37 | -1.42 |
| Diluted EPS | 0.23 | -0.07 | 0.28 | -1.42 |
| Basic Shares Outstanding | $96.68M | $90.12M | $95.50M | $88.53M |
| Diluted Shares Outstanding | $109.72M | $90.12M | $105.92M | $88.53M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $489.78M | $788.42M |
| Property Plant & Equipment | $44.26M | $39.01M |
| Goodwill | $67.06M | $67.06M |
| Total Assets | $2.90B | $2.37B |
| Total Liabilities | $2.16B | $1.73B |
| Common Stock | $10.00K | $9.00K |
| Retained Earnings | $-376.19M | $-411.16M |
| Total Stockholders Equity | $743.72M | $633.22M |
| Total Liabilities & Equity | $2.90B | $2.37B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $31.80M | $-6.76M | $34.97M | $-125.83M |
| Depreciation & Amortization | - | - | $18.37M | $15.85M |
| Stock-based Compensation | - | - | $99.50M | $103.60M |
| Operating Cash Flow | - | - | $-256.28M | $297.26M |
| Capital Expenditure | - | - | $190.00K | $837.00K |
| Investing Cash Flow | - | - | $-308.91M | $-159.82M |
| Financing Cash Flow | - | - | $425.83M | $50.54M |
| Net Change in Cash | - | - | $-139.36M | $187.98M |
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.