$737.90M
Revenue
$-165.50M
Net Income
-
Gross Margin
-
Op. Margin
$-121.50M
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 | $228.10M | $194.50M | $164.10M | $151.20M | $148.80M | $136.60M | $122.00M |
| Revenue Growth % (YoY) | 53.3% | 42.4% | 34.5% | nan% | nan% | nan% | nan% |
| Research & Development | $24.80M | $24.70M | $22.40M | $22.00M | $21.80M | $21.90M | $21.20M |
| Interest Expense | $5.10M | $11.20M | $6.70M | $3.10M | $2.60M | $2.40M | $1.30M |
| Income Before Tax | $-20.60M | $-36.30M | $-42.60M | $-61.40M | $-37.80M | $-65.80M | $-55.10M |
| Income Tax Expense | $1.10M | $1.20M | $1.30M | $1.00M | $-7.80M | $1.90M | $2.10M |
| Net Income | $-21.70M | $-37.50M | $-43.90M | $-62.40M | $-30.00M | $-67.70M | $-57.20M |
| Net Margin % | -9.5% | -19.3% | -26.8% | -41.3% | -20.2% | -49.6% | -46.9% |
| Basic EPS | -0.28 | -0.51 | -0.60 | -0.86 | -0.41 | -0.95 | -0.81 |
| Diluted EPS | -0.28 | -0.51 | -0.60 | -0.86 | -0.41 | -0.95 | -0.81 |
| Basic Shares Outstanding | - | 74.2M | 73.4M | 72.9M | 307K | 71.1M | 70.7M |
| Diluted Shares Outstanding | - | 74.2M | 73.4M | 72.9M | 307K | 71.1M | 70.7M |
| 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 | $385.00M | - | - | - | $376.00M | - | - |
| Short-term Investments | $14.10M | $23.50M | $21.30M | $20.50M | $27.50M | $31.10M | $44.00M |
| Property Plant & Equipment | $15.80M | $15.30M | $16.00M | $16.20M | $16.10M | $16.00M | $16.30M |
| Goodwill | $19.00M | $19.00M | $19.00M | $19.00M | $19.00M | $19.00M | $19.00M |
| Intangible Assets | $8.10M | $8.10M | $8.80M | $11.20M | $13.60M | $15.80M | $18.20M |
| Total Assets | $1.93B | $1.92B | $1.93B | $1.86B | $1.85B | $1.82B | $1.71B |
| Total Liabilities | $1.39B | $1.40B | $1.41B | $1.31B | $1.26B | $1.23B | $1.08B |
| Common Stock | - | - | - | - | - | - | - |
| Retained Earnings | $-1.46B | $-1.44B | $-1.41B | $-1.36B | $-1.30B | $-1.27B | $-1.20B |
| Total Stockholders Equity | $533.60M | $516.20M | $527.10M | $545.50M | $593.40M | $593.00M | $635.20M |
| Total Liabilities & Equity | $1.93B | $1.92B | $1.93B | $1.86B | $1.85B | $1.82B | $1.71B |
| 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 | $-21.70M | $-37.50M | $-43.90M | $-62.40M | $-30.00M | $-172.20M | $-104.50M |
| Depreciation & Amortization | $2.60M | $12.60M | $9.20M | $4.50M | $4.70M | $15.30M | $10.20M |
| Stock-based Compensation | $18.50M | $42.80M | $25.70M | $10.30M | $17.30M | $47.20M | $30.30M |
| Change in Payables | $-4.60M | $600.00K | $-2.30M | $-1.10M | $3.50M | $400.00K | - |
| Operating Cash Flow | $20.70M | $-37.20M | $-41.70M | $-47.20M | $13.80M | $-25.20M | $-41.50M |
| Capital Expenditure | $3.10M | $6.30M | $4.40M | $2.30M | $3.20M | $6.20M | $4.00M |
| Purchases of Investments | $4.00M | $23.70M | $8.70M | $2.00M | $9.10M | $49.00M | $41.70M |
| Investing Cash Flow | $-18.90M | $-70.20M | $-10.80M | $-40.30M | $2.50M | $38.10M | $92.20M |
| Financing Cash Flow | $38.50M | $68.10M | $44.10M | $20.00M | $35.00M | $52.70M | $29.10M |
| Net Change in Cash | $41.30M | $-30.20M | $300.00K | $-66.00M | $47.90M | $66.30M | $78.20M |
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 | $194.50M | - | $509.80M | - |
| Research & Development | $24.70M | - | $69.10M | - |
| Interest Expense | - | - | $11.20M | - |
| Income Before Tax | $-36.30M | - | $-140.30M | - |
| Income Tax Expense | $1.20M | - | $3.50M | - |
| Net Income | $-37.50M | $-57.20M | $-143.80M | - |
| Basic EPS | -0.51 | - | -1.96 | - |
| Diluted EPS | -0.51 | - | -1.96 | - |
| Basic Shares Outstanding | $74.19M | - | $73.52M | - |
| Diluted Shares Outstanding | $74.19M | - | $73.52M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Short-term Investments | $23.50M | $27.50M |
| Property Plant & Equipment | $15.30M | $16.10M |
| Goodwill | $19.00M | $19.00M |
| Intangible Assets | $8.10M | $13.60M |
| Total Assets | $1.92B | $1.85B |
| Total Liabilities | $1.40B | $1.26B |
| Common Stock | - | - |
| Retained Earnings | $-1.44B | $-1.30B |
| Total Stockholders Equity | $516.20M | $593.40M |
| Total Liabilities & Equity | $1.92B | $1.85B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-37.50M | $-57.20M | $-143.80M | - |
| Depreciation & Amortization | - | - | $12.60M | - |
| Stock-based Compensation | - | - | $42.80M | - |
| Change in Payables | - | - | $600.00K | - |
| Operating Cash Flow | - | - | $-37.20M | - |
| Capital Expenditure | - | - | $6.30M | - |
| Purchases of Investments | - | - | $23.70M | - |
| Investing Cash Flow | - | - | $-70.20M | - |
| Financing Cash Flow | - | - | $68.10M | - |
| Net Change in Cash | - | - | $-30.20M | - |
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.