$536.62M
Revenue
$-51.44M
Net Income
14.80%
Gross Margin
-10.43%
Op. Margin
$49.79M
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 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $536.62M | $536.62M | $666.29M | $693.52M | $565.69M | $168.91M | $230.21M | $227.57M | $61.04M |
| Revenue Growth % | 0.0% | -19.5% | -3.9% | 22.6% | 234.9% | -26.6% | 1.2% | 272.9% | nan% |
| Cost of Revenue | $457.22M | $453.39M | $533.29M | $493.79M | $332.96M | $145.50M | $162.47M | $176.56M | $60.52M |
| Gross Profit | $79.40M | $83.23M | $133.00M | $199.73M | $232.73M | $23.41M | $67.74M | $51.02M | $514.80K |
| Gross Margin % | 14.8% | 15.5% | 20.0% | 28.8% | 41.1% | 13.9% | 29.4% | 22.4% | 0.8% |
| Operating Expenses | $592.57M | $592.57M | $649.66M | $598.28M | $415.30M | $188.01M | $200.68M | $203.48M | $76.93M |
| Selling General & Admin | $65.53M | $69.36M | $49.29M | $48.83M | $40.03M | $21.02M | $18.18M | $14.01M | $11.21M |
| Operating Income | $-55.95M | $-55.96M | $16.64M | $95.25M | $150.39M | $-19.09M | $29.53M | $24.10M | $-15.89M |
| Operating Margin % | -10.4% | -10.4% | 2.5% | 13.7% | 26.6% | -11.3% | 12.8% | 10.6% | -26.0% |
| Interest Expense | - | $8.06M | $4.76M | $8.11M | $6.00M | $1.22M | $1.19M | $1.46M | $22.84K |
| Other Income/Expense | - | $1.62M | $4.41M | $18.32M | $2.64M | $11.93M | $1.76M | $2.52M | $203.97K |
| Income Before Tax | $-62.14M | $-62.14M | $14.92M | $104.66M | $146.19M | $-8.39M | $30.10M | $25.19M | $-15.42M |
| Income Tax Expense | $-10.70M | $-10.69M | $3.73M | $22.35M | $30.15M | $-3.48M | $5.16M | $113.00K | - |
| Net Income | $-51.44M | $-51.45M | $11.19M | $82.31M | $116.04M | $-4.91M | $24.93M | $25.07M | $-15.42M |
| Net Margin % | -9.6% | -9.6% | 1.7% | 11.9% | 20.5% | -2.9% | 10.8% | 11.0% | -25.3% |
| Basic EPS | nan | -0.99 | 0.11 | 1.77 | 2.63 | -0.12 | 0.61 | 0.63 | -0.41 |
| Diluted EPS | nan | -0.99 | 0.11 | 1.73 | 2.60 | -0.12 | 0.61 | 0.62 | -0.41 |
| Basic Shares Outstanding | - | - | - | - | 44.2M | 42.5M | 40.8M | 40.0M | 37.6M |
| Diluted Shares Outstanding | - | - | - | - | 44.7M | 42.5M | 40.8M | 40.3M | 37.6M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $440.35M | $33.01M | $41.96M | $35.61M | $5.30M | $5.53M | $6.95M | $5.93M |
| Short-term Investments | - | - | - | - | - | - | - | $5.20M |
| Accounts Receivable | $54.35M | $73.58M | $96.87M | $41.17M | $20.30M | $19.26M | $10.73M | $7.17M |
| Inventory | $87.16M | $43.36M | $37.16M | $44.97M | $11.95M | $15.26M | $14.19M | $10.06M |
| Total Current Assets | $597.61M | $167.63M | $189.74M | $147.49M | $42.50M | $44.32M | $35.02M | $29.46M |
| Property Plant & Equipment | $511.94M | $482.02M | $459.09M | $429.84M | $180.46M | $178.20M | $149.21M | $115.45M |
| Other Non-current Assets | $9.44M | $7.89M | $3.76M | $2.83M | $885.00K | $1.02M | $975.00K | $318.21K |
| Total Assets | $1.14B | $674.69M | $665.84M | $596.34M | $228.62M | $226.81M | $188.24M | $148.10M |
| Accounts Payable | $41.60M | $48.85M | $51.62M | $34.83M | $11.74M | $10.66M | $16.39M | $19.53M |
| Accrued Liabilities | $54.72M | $61.66M | $52.23M | $41.81M | $11.59M | $11.74M | $8.09M | $2.82M |
| Other Current Liabilities | - | - | - | $40.00M | $862.00K | $656.00K | $287.00K | - |
| Total Current Liabilities | $109.50M | $122.43M | $169.99M | $162.84M | $29.11M | $26.41M | $29.84M | $22.42M |
| Long-term Debt | $467.56M | $57.00K | $349.00K | $18.76M | $12.58M | $9.61M | $4.47M | - |
| Deferred Tax Liabilities | $44.31M | $56.03M | $54.35M | $35.64M | $1.76M | $5.26M | $109.00K | - |
| Other Non-current Liabilities | $8.53M | $7.66M | $4.48M | $3.30M | $965.00K | $854.00K | - | - |
| Total Liabilities | $657.00M | $311.88M | $296.23M | $287.14M | $59.53M | $56.73M | $47.13M | $34.70M |
| Common Stock | - | - | - | $442.00K | $427.00K | $410.00K | $401.00K | $395.59K |
| Retained Earnings | $-311.00K | $69.53M | $91.94M | $140.04M | $9.81M | $14.72M | $-10.22M | $-35.29M |
| Total Stockholders Equity | $483.57M | $362.81M | $369.61M | $309.20M | $169.09M | $170.08M | $141.11M | $113.40M |
| Total Liabilities & Equity | $1.14B | $674.69M | $665.84M | $596.34M | $228.62M | $226.81M | $188.24M | $148.10M |
| 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 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-60.90M | $-51.45M | $11.19M | $82.31M | $116.04M | $-4.91M | $24.93M | $25.07M | $-15.42M |
| Depreciation & Amortization | $68.16M | $68.16M | $65.61M | $54.25M | $41.19M | $20.91M | $19.52M | $12.42M | $3.15M |
| Stock-based Compensation | $29.04M | $17.57M | $17.47M | $12.90M | $8.22M | $4.14M | $4.06M | $2.64M | $2.82M |
| Deferred Income Tax | $-22.72M | $-11.72M | $1.68M | $18.71M | $29.23M | $-3.50M | $5.16M | $109.00K | - |
| Change in Inventory | $72.51M | $43.80M | $6.20M | $-7.81M | $29.18M | $-3.31M | $1.08M | $4.13M | $8.54M |
| Change in Payables | $7.26M | $-10.04M | $-4.83M | $24.55M | $12.73M | $2.75M | $-7.31M | $-1.52M | $15.54M |
| Operating Cash Flow | $49.79M | $1.97M | $112.67M | $161.04M | $187.87M | $13.31M | $42.38M | $36.04M | $-8.75M |
| Capital Expenditure | - | - | - | $82.90M | $123.01M | $24.75M | $45.72M | $48.14M | $75.04M |
| Investing Cash Flow | $-142.28M | $-83.67M | $-70.83M | $-72.21M | $-145.71M | $-24.75M | $-45.72M | $-42.94M | $-19.80M |
| Debt Repayment | $77.67M | $52.37M | $197.97M | $127.51M | $26.03M | $45.60M | $70.33M | $5.95M | $10.63M |
| Stock Issued | - | - | - | - | - | - | - | - | $47.71M |
| Stock Repurchased | - | - | - | - | - | - | - | - | $1.76M |
| Dividends Paid | $11.16M | $4.34M | $24.60M | $25.82M | $20.04M | - | - | - | - |
| Financing Cash Flow | $505.41M | $489.04M | $-50.79M | $-82.52M | $-28.50M | $11.29M | $2.83M | $7.92M | $29.29M |
| Net Change in Cash | - | - | - | - | - | - | - | $1.02M | $737.13K |
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 | $121.00M | - | $408.61M | - |
| Cost of Revenue | $101.84M | - | $346.33M | - |
| Operating Expenses | $135.48M | - | $448.96M | - |
| Selling General & Admin | $16.14M | - | $49.76M | - |
| Operating Income | $-14.48M | - | $-40.35M | - |
| Interest Expense | $2.25M | - | $7.30M | - |
| Income Before Tax | $-16.61M | - | $-46.36M | - |
| Income Tax Expense | $-3.30M | - | $-9.62M | - |
| Net Income | $-13.31M | $5.54M | $-36.74M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $193.85M | $33.01M |
| Accounts Receivable | $43.61M | $73.58M |
| Inventory | $81.57M | $43.36M |
| Total Current Assets | $328.73M | $167.63M |
| Property Plant & Equipment | $489.17M | $482.02M |
| Other Non-current Assets | $6.50M | $7.89M |
| Total Assets | $849.65M | $674.69M |
| Accounts Payable | $41.67M | $48.85M |
| Accrued Liabilities | $58.47M | $61.66M |
| Total Current Liabilities | $110.57M | $122.43M |
| Long-term Debt | - | $57.00K |
| Deferred Tax Liabilities | $46.39M | $56.03M |
| Other Non-current Liabilities | $7.31M | $7.66M |
| Total Liabilities | $322.74M | $311.88M |
| Retained Earnings | $17.09M | $69.53M |
| Total Stockholders Equity | $526.91M | $362.81M |
| Total Liabilities & Equity | $849.65M | $674.69M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-13.31M | $5.54M | $-36.74M | - |
| Depreciation & Amortization | $17.09M | - | $51.67M | - |
| Stock-based Compensation | - | - | $12.84M | - |
| Deferred Income Tax | - | - | $-9.64M | - |
| Change in Receivables | - | - | $-29.97M | - |
| Change in Inventory | - | - | $38.22M | - |
| Change in Payables | - | - | $-3.65M | - |
| Operating Cash Flow | - | - | $20.34M | - |
| Investing Cash Flow | - | - | $-56.14M | - |
| Debt Repayment | - | - | $34.50M | - |
| Dividends Paid | - | - | $4.34M | - |
| Financing Cash Flow | - | - | $196.64M | - |
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.