$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) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $125.97M | $115.77M | $104.22M | $93.94M | $97.62M | $89.33M | $82.34M |
| Revenue Growth % (YoY) | 29.0% | 29.6% | 26.6% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $31.69M | $28.92M | $27.41M | $24.54M | $24.05M | $22.91M | $21.00M |
| Gross Profit | $94.28M | $86.85M | $76.81M | $69.40M | $73.58M | $66.41M | $61.35M |
| Gross Margin % | 74.8% | 75.0% | 73.7% | 73.9% | 75.4% | 74.3% | 74.5% |
| Operating Expenses | $94.67M | $70.53M | $79.87M | $68.55M | $77.22M | $60.94M | $57.79M |
| Research & Development | $14.61M | $11.09M | $12.94M | $10.29M | $10.51M | $8.81M | $7.75M |
| Selling General & Admin | $47.31M | $29.26M | $36.46M | $30.24M | $38.35M | $24.98M | $24.80M |
| Operating Income | $31.31M | $45.24M | $24.35M | $25.39M | $20.40M | $28.39M | $24.55M |
| Operating Margin % | 24.9% | 39.1% | 23.4% | 27.0% | 20.9% | 31.8% | 29.8% |
| Interest Expense | $7.83M | $12.27M | $7.01M | $1.86M | $5.70M | $20.29M | $13.72M |
| Other Income/Expense | $59.00K | $-654.00K | $510.00K | $148.00K | $-439.00K | $68.00K | $-227.00K |
| Income Before Tax | $25.83M | $39.92M | $21.29M | $31.57M | $-124.38M | $30.27M | $-17.46M |
| Income Tax Expense | $5.57M | $9.09M | $4.65M | $4.55M | $-527.00K | $5.59M | $4.96M |
| Net Income | $20.26M | $30.83M | $16.64M | $27.02M | $-123.85M | $24.68M | $-22.42M |
| Net Margin % | 16.1% | 26.6% | 16.0% | 28.8% | -126.9% | 27.6% | -27.2% |
| Basic EPS | 0.06 | 0.16 | 0.08 | 0.14 | -0.70 | 0.14 | -0.13 |
| Diluted EPS | 0.10 | 0.16 | 0.08 | 0.09 | -0.70 | 0.09 | -0.13 |
| Basic Shares Outstanding | - | 189.7M | 196.0M | 189.8M | 270K | 176.0M | 175.7M |
| Diluted Shares Outstanding | - | 192.6M | 199.8M | 201.0M | 270K | 180.0M | 175.7M |
| 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 | $87.05M | $6.33M | $120.83M | $255.87M | $59.15M | $39.12M | $16.34M |
| Accounts Receivable | $67.95M | $58.82M | $57.09M | $53.23M | $49.60M | $43.98M | $40.29M |
| Other Current Assets | $1.27M | $1.49M | $778.00K | $458.00K | $1.68M | $605.00K | $2.18M |
| Total Current Assets | $166.04M | $77.30M | $189.34M | $319.71M | $116.98M | $92.67M | $67.98M |
| Property Plant & Equipment | $1.15M | $1.46M | $1.51M | $1.56M | $1.67M | $1.65M | $1.55M |
| Goodwill | $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 |
| Other Non-current Assets | $3.97M | $1.39M | $1.27M | $1.29M | $1.21M | $1.14M | $1.19M |
| Total Assets | $531.03M | $439.19M | $547.62M | $679.45M | $479.09M | $456.35M | $435.04M |
| Accounts Payable | $1.67M | $4.11M | $1.77M | $2.19M | $3.26M | $2.08M | $2.52M |
| Deferred Revenue | $24.29M | $23.47M | $21.77M | $20.85M | $19.97M | $19.89M | $19.32M |
| Total Current Liabilities | $84.92M | $93.89M | $76.42M | $75.78M | $67.81M | $63.35M | $59.87M |
| Long-term Debt | $395.86M | $264.91M | $268.46M | $272.02M | $290.58M | $279.14M | $282.69M |
| Deferred Tax Liabilities | $1.39M | - | - | - | - | $3.42M | $3.82M |
| Other Non-current Liabilities | $19.28M | $8.77M | $14.06M | $11.08M | $14.13M | $9.61M | $7.47M |
| Total Liabilities | $484.02M | $368.23M | $359.93M | $359.63M | $610.66M | $469.75M | $476.79M |
| Common Stock | $18.00K | $18.00K | $19.00K | $20.00K | $18.00K | $18.00K | $18.00K |
| Retained Earnings | $-97.06M | $-117.32M | $-148.16M | $-164.79M | $-191.81M | $-67.96M | $-92.64M |
| Total Stockholders Equity | $47.01M | $70.95M | $187.69M | $319.82M | $-131.57M | $-13.40M | $-41.75M |
| Total Liabilities & Equity | $531.03M | $439.19M | $547.62M | $679.45M | $479.09M | $456.35M | $435.04M |
| 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 | $20.26M | $30.83M | $16.64M | $27.02M | $-123.85M | $-7.15M | $-31.83M |
| Depreciation & Amortization | $1.05M | $1.26M | $3.07M | $3.48M | $4.32M | $12.60M | $4.24M |
| Stock-based Compensation | $21.02M | $33.49M | $27.48M | $10.95M | $14.63M | $22.64M | $15.59M |
| Change in Receivables | $9.12M | $9.20M | $7.55M | $3.69M | $5.54M | $9.44M | $5.69M |
| Change in Payables | $-2.67M | $793.00K | $-1.56M | $-1.23M | $1.20M | $-1.66M | $-1.10M |
| Operating Cash Flow | $24.76M | $116.76M | $61.31M | $23.79M | $29.53M | $65.42M | $36.30M |
| Capital Expenditure | $222.00K | $524.00K | $316.00K | $124.00K | $246.00K | $699.00K | $375.00K |
| Investing Cash Flow | $-2.90M | $-5.71M | $-1.51M | $-628.00K | $-1.26M | $-4.09M | $-2.84M |
| Debt Repayment | $297.35M | $11.25M | $7.50M | $3.75M | $3.75M | $47.05M | $43.30M |
| 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 |
| Net Change in Cash | $80.72M | $-52.83M | $61.67M | $196.72M | $20.03M | $10.73M | $-12.05M |
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.