$395.00M
Revenue
$-38.30M
Net Income
33.09%
Gross Margin
-6.15%
Op. Margin
$16.90M
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 | $395.00M | $395.00M | $368.90M | $336.30M | $326.50M | $383.90M |
| Revenue Growth % | 0.0% | 7.1% | 9.7% | 3.0% | -15.0% | nan% |
| Cost of Revenue | - | - | - | $213.00M | $226.90M | $235.00M |
| Gross Profit | $130.70M | $130.70M | $139.80M | $123.30M | $99.60M | $148.90M |
| Gross Margin % | 33.1% | 33.1% | 37.9% | 36.7% | 30.5% | 38.8% |
| Research & Development | - | $4.10M | $4.40M | $3.70M | - | - |
| Selling General & Admin | $114.50M | $114.50M | $111.90M | $91.80M | $105.50M | $98.30M |
| Operating Income | $-24.30M | $-24.30M | $-12.80M | $-7.50M | $-42.50M | $12.20M |
| Operating Margin % | -6.2% | -6.2% | -3.5% | -2.2% | -13.0% | 3.2% |
| Interest Expense | $37.40M | $37.40M | $29.80M | $24.30M | $20.70M | $22.40M |
| Other Income/Expense | - | $5.80M | $20.90M | $200.00K | $4.30M | - |
| Income Before Tax | $-47.50M | $-47.50M | $-23.70M | $-31.30M | $-56.70M | $-4.90M |
| Income Tax Expense | $-9.20M | $-9.20M | $-2.20M | $-4.20M | $-15.30M | $-2.10M |
| Net Income | $-38.30M | $-38.30M | $-21.50M | $-27.10M | $-41.40M | $-2.80M |
| Net Margin % | -9.7% | -9.7% | -5.8% | -8.1% | -12.7% | -0.7% |
| Basic EPS | nan | -0.45 | -0.26 | -0.33 | -0.51 | -0.04 |
| Diluted EPS | nan | -0.45 | -0.26 | -0.33 | -0.51 | -0.04 |
| Basic Shares Outstanding | - | 84.2M | 83.1M | 82.4M | 81.9M | 78.5M |
| Diluted Shares Outstanding | - | 84.2M | 83.1M | 82.4M | 81.9M | 78.5M |
| 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 | $63.00M | $76.10M | $62.00M | $62.80M | $103.90M |
| Accounts Receivable | $47.70M | $43.90M | $31.60M | $33.00M | $43.70M |
| Inventory | $30.60M | $21.70M | $17.30M | $25.00M | $32.90M |
| Other Current Assets | $10.60M | $7.70M | $13.10M | $16.70M | $8.30M |
| Total Current Assets | $153.80M | $151.20M | $124.90M | $139.60M | $191.50M |
| Property Plant & Equipment | - | - | $142.10M | $124.00M | $126.30M |
| Goodwill | $457.20M | $443.70M | $450.10M | $446.70M | $453.00M |
| Intangible Assets | $291.80M | $312.20M | $345.40M | $372.10M | $406.50M |
| Other Non-current Assets | $59.00M | $38.50M | $36.40M | $44.50M | $29.40M |
| Total Assets | $1.12B | $1.10B | $1.12B | $1.13B | $1.21B |
| Accounts Payable | $36.70M | $26.90M | $17.60M | $24.30M | $33.50M |
| Deferred Revenue | $14.00M | $3.40M | $2.00M | $900.00K | $3.10M |
| Total Current Liabilities | $84.00M | $68.40M | $48.00M | $39.10M | $71.50M |
| Long-term Debt | $401.90M | $406.40M | $397.80M | $391.70M | $400.40M |
| Deferred Tax Liabilities | $50.70M | $62.00M | $71.60M | $80.80M | $97.70M |
| Other Non-current Liabilities | $1.30M | $2.80M | $2.30M | $1.40M | $900.00K |
| Total Liabilities | $590.00M | $556.10M | $550.70M | $520.70M | $577.20M |
| Common Stock | - | - | - | - | - |
| Retained Earnings | $-183.60M | $-145.30M | $-123.80M | $-96.70M | $-55.30M |
| Total Stockholders Equity | $534.90M | $548.10M | $572.00M | $612.80M | $636.20M |
| Total Liabilities & Equity | $1.12B | $1.10B | $1.12B | $1.13B | $1.21B |
| 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 | $-38.30M | $-38.30M | $-21.50M | $-27.10M | $-41.40M | $-2.80M |
| Depreciation & Amortization | $113.70M | $66.70M | $65.30M | $69.60M | $69.00M | $73.60M |
| Deferred Income Tax | - | $-7.70M | $-6.90M | $-5.90M | - | - |
| Change in Receivables | $900.00K | $4.40M | $11.60M | $-6.90M | $-9.10M | $-6.90M |
| Change in Inventory | $35.80M | $7.50M | $4.80M | $-5.30M | $-7.60M | $17.20M |
| Change in Payables | $22.60M | $8.50M | $9.10M | $-700.00K | $-12.40M | $5.70M |
| Operating Cash Flow | $16.90M | $23.10M | $41.40M | $52.60M | $1.10M | $54.30M |
| Capital Expenditure | - | - | - | $55.30M | $44.80M | $54.50M |
| Acquisitions | - | - | - | - | $2.10M | $14.10M |
| Investing Cash Flow | $-60.10M | $-32.80M | $-32.50M | $-52.40M | $-37.90M | $-69.80M |
| Debt Repayment | - | $4.10M | $390.90M | $1.90M | - | - |
| Stock Issued | - | - | - | - | - | $104.00M |
| Stock Repurchased | - | - | - | - | - | - |
| Financing Cash Flow | $-14.70M | $-7.00M | $1.80M | $-1.80M | $-4.50M | $72.00M |
| Net Change in Cash | $-50.60M | $-13.10M | $14.10M | $-800.00K | $-41.10M | $55.40M |
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 | $99.60M | - | $283.10M | - |
| Gross Profit | $34.40M | - | $94.20M | - |
| Selling General & Admin | $29.60M | - | $87.30M | - |
| Operating Income | $-5.70M | - | $-23.40M | - |
| Interest Expense | $8.70M | - | $25.70M | - |
| Other Income/Expense | - | - | $5.90M | - |
| Income Before Tax | $-14.60M | - | $-38.20M | - |
| Income Tax Expense | $-4.20M | - | $-9.40M | - |
| Net Income | $-10.40M | $5.50M | $-28.80M | - |
| Basic EPS | -0.12 | - | -0.34 | - |
| Diluted EPS | -0.12 | - | -0.34 | - |
| Basic Shares Outstanding | $84.36M | - | $84.11M | - |
| Diluted Shares Outstanding | $84.36M | - | $84.11M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $49.90M | $76.10M |
| Accounts Receivable | $46.50M | $43.90M |
| Inventory | $36.00M | $21.70M |
| Other Current Assets | $4.30M | $7.70M |
| Total Current Assets | $146.70M | $151.20M |
| Goodwill | $457.00M | $443.70M |
| Intangible Assets | $298.90M | $312.20M |
| Other Non-current Assets | $59.40M | $38.50M |
| Total Assets | $1.13B | $1.10B |
| Accounts Payable | $34.60M | $26.90M |
| Deferred Revenue | $8.90M | $3.40M |
| Total Current Liabilities | $78.20M | $68.40M |
| Long-term Debt | $397.20M | $400.80M |
| Deferred Tax Liabilities | $57.40M | $62.00M |
| Other Non-current Liabilities | $1.20M | $2.80M |
| Total Liabilities | $591.80M | $556.10M |
| Common Stock | - | - |
| Retained Earnings | $-174.10M | $-145.30M |
| Total Stockholders Equity | $537.80M | $548.10M |
| Total Liabilities & Equity | $1.13B | $1.10B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-10.40M | $5.50M | $-28.80M | - |
| Depreciation & Amortization | $9.20M | - | $49.70M | - |
| Change in Receivables | - | - | $-500.00K | - |
| Change in Inventory | - | - | $13.20M | - |
| Change in Payables | - | - | $6.80M | - |
| Operating Cash Flow | - | - | $3.60M | - |
| Investing Cash Flow | - | - | $-27.60M | - |
| Debt Repayment | - | - | $3.10M | - |
| Financing Cash Flow | - | - | $-5.30M | - |
| Net Change in Cash | - | - | $-26.20M | - |
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.