$439.90M
Revenue
$94.75M
Net Income
74.41%
Gross Margin
28.71%
Op. Margin
$225.44M
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) |
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) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $125.97M | $115.77M | $104.22M | $93.94M | $97.62M | $89.33M | $82.34M | $75.34M | $72.09M | $70.26M | $61.54M | $55.81M | $54.53M | - |
| Revenue Growth % (YoY) | 29.0% | 29.6% | 26.6% | 24.7% | 35.4% | 27.1% | 33.8% | 35.0% | 32.2% | nan% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $31.69M | $28.92M | $27.41M | $24.54M | $24.05M | $22.91M | $21.00M | $19.62M | $18.29M | $18.24M | $16.11M | $14.81M | $14.52M | - |
| Gross Profit | $94.28M | $86.85M | $76.81M | $69.40M | $73.58M | $66.41M | $61.35M | $55.73M | $53.80M | $52.02M | $45.43M | $40.99M | $40.01M | - |
| Gross Margin % | 74.8% | 75.0% | 73.7% | 73.9% | 75.4% | 74.3% | 74.5% | 74.0% | 74.6% | 74.0% | 73.8% | 73.5% | 73.4% | nan% |
| Operating Expenses | $94.67M | $70.53M | $79.87M | $68.55M | $77.22M | $60.94M | $57.79M | $56.09M | $55.73M | $53.69M | $47.61M | $47.22M | $52.09M | $4.73M |
| Research & Development | $14.61M | $11.09M | $12.94M | $10.29M | $10.51M | $8.81M | $7.75M | $5.74M | $4.35M | $13.27M | $6.20M | $5.51M | $5.92M | - |
| Selling General & Admin | $47.31M | $29.26M | $36.46M | $30.24M | $38.35M | $24.98M | $24.80M | $26.61M | $27.89M | $16.42M | $17.16M | $18.95M | $21.36M | - |
| Operating Income | $31.31M | $45.24M | $24.35M | $25.39M | $20.40M | $28.39M | $24.55M | $19.26M | $16.36M | $16.57M | $13.93M | $8.59M | $22.01M | $-4.73M |
| Operating Margin % | 24.9% | 39.1% | 23.4% | 27.0% | 20.9% | 31.8% | 29.8% | 25.6% | 22.7% | 23.6% | 22.6% | 15.4% | 40.4% | nan% |
| Interest Expense | $7.83M | $12.27M | $7.01M | $1.86M | $5.70M | $20.29M | $13.72M | $2.67M | $12.89M | $34.97M | $23.24M | $5.17M | $5.46M | - |
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.30M |
| Other Income/Expense | $59.00K | $-654.00K | $510.00K | $148.00K | $-439.00K | $68.00K | $-227.00K | $-117.00K | $183.00K | $-390.00K | $169.00K | $123.00K | $-2.47M | $-4.45M |
| Income Before Tax | $25.83M | $39.92M | $21.29M | $31.57M | $-124.38M | $30.27M | $-17.46M | $-6.73M | $-43.46M | $835.00K | $8.28M | $-17.40M | $724.00K | - |
| Income Tax Expense | $5.57M | $9.09M | $4.65M | $4.55M | $-527.00K | $5.59M | $4.96M | $2.68M | $1.30M | $1.27M | $-14.05M | $15.50M | $-4.59M | - |
| Net Income | $20.26M | $30.83M | $16.64M | $27.02M | $-123.85M | $24.68M | $-22.42M | $-9.41M | $-44.76M | $-437.00K | $22.33M | $-32.90M | $9.55M | $-9.18M |
| Net Margin % | 16.1% | 26.6% | 16.0% | 28.8% | -126.9% | 27.6% | -27.2% | -12.5% | -62.1% | -0.6% | 36.3% | -58.9% | 17.5% | nan% |
| Basic EPS | 0.06 | 0.16 | 0.08 | 0.14 | -0.70 | 0.14 | -0.13 | -0.05 | -0.26 | 0.00 | 0.13 | -0.19 | 0.04 | nan |
| Diluted EPS | 0.10 | 0.16 | 0.08 | 0.09 | -0.70 | 0.09 | -0.13 | -0.05 | -0.26 | 0.00 | 0.13 | -0.19 | 0.04 | nan |
| Basic Shares Outstanding | - | 189.7M | 196.0M | 189.8M | 270K | 176.0M | 175.7M | 175.5M | 299K | 174.1M | 173.9M | 173.6M | 2.2M | - |
| Diluted Shares Outstanding | - | 192.6M | 199.8M | 201.0M | 270K | 180.0M | 175.7M | 175.5M | 299K | 174.1M | 174.4M | 173.6M | 3.5M | - |
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $87.05M | $6.33M | $120.83M | $255.87M | $59.15M | $39.12M | $16.34M | $21.55M | $27.61M | $29.95M | $22.09M | $33.84M | $8.72M | $100.24K |
| Accounts Receivable | $67.95M | $58.82M | $57.09M | $53.23M | $49.60M | $43.98M | $40.29M | $35.73M | $33.91M | $32.31M | $30.75M | $28.55M | $22.43M | - |
| Other Current Assets | $1.27M | $1.49M | $778.00K | $458.00K | $1.68M | $605.00K | $2.18M | $765.00K | $2.41M | $212.00K | $408.00K | $544.00K | $750.00K | - |
| Total Current Assets | $166.04M | $77.30M | $189.34M | $319.71M | $116.98M | $92.67M | $67.98M | $68.42M | $71.75M | $72.12M | $63.02M | $74.37M | $43.18M | $147.24K |
| Property Plant & Equipment | $1.15M | $1.46M | $1.51M | $1.56M | $1.67M | $1.65M | $1.55M | $1.57M | $1.58M | $1.52M | $1.73M | $1.86M | $2.02M | - |
| Goodwill | $275.70M | $275.70M | $275.70M | $275.70M | $275.70M | $275.70M | $275.70M | $275.70M | $275.70M | $275.70M | $275.70M | $275.70M | $275.70M | - |
| Intangible Assets | $65.84M | $65.85M | $65.85M | $67.61M | $69.87M | $72.99M | $76.10M | $79.22M | $82.33M | $86.55M | $90.77M | $97.24M | $104.54M | - |
| Other Non-current Assets | $3.97M | $1.39M | $1.27M | $1.29M | $1.21M | $1.14M | $1.19M | $1.05M | $1.05M | $239.00K | $140.00K | $93.00K | $64.00K | - |
| Total Assets | $531.03M | $439.19M | $547.62M | $679.45M | $479.09M | $456.35M | $435.04M | $437.75M | $444.60M | $448.91M | $444.71M | $463.36M | $438.83M | $288.99M |
| Accounts Payable | $1.67M | $4.11M | $1.77M | $2.19M | $3.26M | $2.08M | $2.52M | $3.47M | $3.53M | $1.36M | $3.29M | $6.03M | $5.43M | - |
| Accrued Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.76M |
| Deferred Revenue | $24.29M | $23.47M | $21.77M | $20.85M | $19.97M | $19.89M | $19.32M | $19.07M | $19.18M | $19.15M | $18.57M | $17.83M | $18.59M | - |
| Total Current Liabilities | $84.92M | $93.89M | $76.42M | $75.78M | $67.81M | $63.35M | $59.87M | $63.03M | $60.64M | $67.07M | $65.83M | $84.55M | $61.85M | $9.54M |
| Long-term Debt | $395.86M | $264.91M | $268.46M | $272.02M | $290.58M | $279.14M | $282.69M | $300.05M | $325.60M | $319.04M | $320.55M | $337.02M | $338.48M | - |
| Deferred Tax Liabilities | $1.39M | - | - | - | - | $3.42M | $3.82M | $4.56M | $4.67M | $5.46M | $7.62M | $10.25M | $12.53M | - |
| Other Non-current Liabilities | $19.28M | $8.77M | $14.06M | $11.08M | $14.13M | $9.61M | $7.47M | $3.97M | $2.12M | $1.08M | $787.00K | $596.00K | $327.00K | - |
| Total Liabilities | $484.02M | $368.23M | $359.93M | $359.63M | $610.66M | $469.75M | $476.79M | $459.76M | $462.89M | $424.76M | $423.91M | $469.00M | $434.78M | $49.61M |
| Common Stock | $18.00K | $18.00K | $19.00K | $20.00K | $18.00K | $18.00K | $18.00K | $18.00K | $18.00K | $17.00K | $17.00K | $17.00K | $17.00K | - |
| Retained Earnings | $-97.06M | $-117.32M | $-148.16M | $-164.79M | $-191.81M | $-67.96M | $-92.64M | $-70.22M | $-60.81M | $-16.05M | $-15.61M | $-37.94M | $-5.04M | $-49.46M |
| Total Stockholders Equity | $47.01M | $70.95M | $187.69M | $319.82M | $-131.57M | $-13.40M | $-41.75M | $-22.02M | $-18.29M | $24.14M | $20.80M | $-5.64M | $4.05M | $-49.46M |
| Total Liabilities & Equity | $531.03M | $439.19M | $547.62M | $679.45M | $479.09M | $456.35M | $435.04M | $437.75M | $444.60M | $448.91M | $444.71M | $463.36M | $438.83M | $288.99M |
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $20.26M | $30.83M | $16.64M | $27.02M | $-123.85M | $-7.15M | $-31.83M | $-9.41M | $-44.76M | $-11.01M | $22.33M | $-32.90M | $9.55M | $-9.18M |
| Depreciation & Amortization | $1.05M | $1.26M | $3.07M | $3.48M | $4.32M | $12.60M | $4.24M | $4.12M | $5.20M | $21.84M | $8.14M | $7.95M | $10.29M | - |
| Stock-based Compensation | $21.02M | $33.49M | $27.48M | $10.95M | $14.63M | $22.64M | $15.59M | $7.87M | $5.23M | $10.59M | $6.95M | $3.34M | $5.07M | - |
| Change in Receivables | $9.12M | $9.20M | $7.55M | $3.69M | $5.54M | $9.44M | $5.69M | $1.54M | $1.48M | $10.42M | $9.24M | $6.32M | $4.26M | - |
| Change in Payables | $-2.67M | $793.00K | $-1.56M | $-1.23M | $1.20M | $-1.66M | $-1.10M | $-398.00K | $2.17M | $-2.88M | $-939.00K | $1.79M | $2.33M | - |
| Operating Cash Flow | $24.76M | $116.76M | $61.31M | $23.79M | $29.53M | $65.42M | $36.30M | $20.45M | $13.03M | $23.12M | $14.78M | $8.50M | $52.34M | $-1.70M |
| Capital Expenditure | $222.00K | $524.00K | $316.00K | $124.00K | $246.00K | $699.00K | $375.00K | $195.00K | $268.00K | $241.00K | $95.00K | $32.00K | $91.00K | - |
| Purchases of Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.76M |
| Investing Cash Flow | $-2.90M | $-5.71M | $-1.51M | $-628.00K | $-1.26M | $-4.09M | $-2.84M | $-1.15M | $-741.00K | $-3.49M | $-2.58M | $-1.49M | $-2.83M | $-2.76M |
| Debt Repayment | $297.35M | $11.25M | $7.50M | $3.75M | $3.75M | $47.05M | $43.30M | $25.75M | $348.78M | $18.70M | $18.70M | $1.06M | $1.26M | - |
| Stock Repurchased | - | $450.51M | $290.67M | $131.98M | - | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $58.86M | $-163.87M | $1.87M | $173.55M | $-8.24M | $-50.61M | $-45.50M | $-26.15M | $-14.63M | $1.60M | $1.16M | $18.10M | $-56.65M | $4.54M |
| Net Change in Cash | $80.72M | $-52.83M | $61.67M | $196.72M | $20.03M | $10.73M | $-12.05M | $-6.84M | $-2.34M | $21.22M | $13.37M | $25.11M | $-18.51M | - |
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 | $115.77M | - | $313.92M | - |
| Cost of Revenue | $28.92M | - | $80.87M | - |
| Operating Expenses | $70.53M | - | $218.94M | - |
| Research & Development | $11.09M | - | $34.32M | - |
| Selling General & Admin | $29.26M | - | $95.95M | - |
| Operating Income | $45.24M | - | $94.98M | - |
| Interest Expense | - | - | $12.27M | - |
| Other Income/Expense | $-654.00K | - | $4.00K | - |
| Income Before Tax | $39.92M | - | $92.78M | - |
| Income Tax Expense | $9.09M | - | $18.29M | - |
| Net Income | $30.83M | $-22.42M | $74.49M | - |
| Basic EPS | 0.16 | - | 0.39 | - |
| Diluted EPS | 0.16 | - | 0.33 | - |
| Basic Shares Outstanding | $189.71M | - | $191.82M | - |
| Diluted Shares Outstanding | $192.56M | - | $197.81M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $6.33M | $59.15M |
| Accounts Receivable | $58.82M | $49.60M |
| Other Current Assets | $1.49M | $1.68M |
| Total Current Assets | $77.30M | $116.98M |
| Property Plant & Equipment | $1.46M | $1.67M |
| Goodwill | $275.70M | $275.70M |
| Intangible Assets | $65.85M | $69.87M |
| Other Non-current Assets | $1.39M | $1.21M |
| Total Assets | $439.19M | $479.09M |
| Accounts Payable | $4.11M | $3.26M |
| Deferred Revenue | $23.47M | $19.97M |
| Total Current Liabilities | $93.89M | $67.81M |
| Long-term Debt | $264.91M | $275.58M |
| Other Non-current Liabilities | $8.77M | $14.13M |
| Total Liabilities | $368.23M | $610.66M |
| Common Stock | $18.00K | $18.00K |
| Retained Earnings | $-117.32M | $-191.81M |
| Total Stockholders Equity | $70.95M | $-131.57M |
| Total Liabilities & Equity | $439.19M | $479.09M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $30.83M | $-22.42M | $74.49M | - |
| Depreciation & Amortization | $1.26M | - | $7.81M | - |
| Stock-based Compensation | - | - | $33.49M | - |
| Change in Receivables | - | - | $9.20M | - |
| Change in Payables | - | - | $793.00K | - |
| Operating Cash Flow | - | - | $116.76M | - |
| Capital Expenditure | - | - | $524.00K | - |
| Investing Cash Flow | - | - | $-5.71M | - |
| Debt Repayment | - | - | $11.25M | - |
| Stock Repurchased | - | - | $450.51M | - |
| Financing Cash Flow | - | - | $-163.87M | - |
| Net Change in Cash | - | - | $-52.83M | - |
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.