$251.73M
Revenue
$-2.86M
Net Income
73.01%
Gross Margin
2.20%
Op. Margin
$23.07M
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) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $55.54M | $59.89M | $63.94M | $72.36M | $86.37M | $102.19M | $110.18M | $120.05M | $119.01M | $128.25M | $134.95M | $144.90M | $148.17M | $165.97M | $179.14M | $198.92M | $216.27M | $208.05M | $223.11M | - |
| Revenue Growth % (YoY) | -35.7% | -41.4% | -42.0% | -39.7% | -27.4% | -20.3% | -18.4% | -17.2% | -19.7% | -22.7% | -24.7% | -27.2% | -31.5% | -20.2% | -19.7% | nan% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $14.19M | $15.24M | $17.70M | $20.81M | $25.50M | $33.38M | $33.81M | $38.76M | $45.04M | $53.22M | $52.20M | $53.56M | $63.55M | $61.31M | $91.87M | $105.91M | $118.71M | $73.07M | $68.77M | - |
| Gross Profit | $41.35M | $44.65M | $46.24M | $51.55M | $60.88M | $68.81M | $76.38M | $81.28M | $73.97M | $75.03M | $82.74M | $91.34M | $84.62M | $104.67M | $87.27M | $93.02M | $97.56M | $134.99M | $154.34M | - |
| Gross Margin % | 74.5% | 74.6% | 72.3% | 71.2% | 70.5% | 67.3% | 69.3% | 67.7% | 62.2% | 58.5% | 61.3% | 63.0% | 57.1% | 63.1% | 48.7% | 46.8% | 45.1% | 64.9% | 69.2% | nan% |
| Operating Expenses | $33.17M | $39.66M | $50.20M | $55.22M | $93.77M | $81.82M | $85.86M | $92.11M | $134.34M | $104.03M | $106.92M | $118.78M | $132.76M | $140.85M | $131.67M | $167.44M | $261.39M | $206.81M | $184.37M | - |
| Operating Income | $8.18M | $4.99M | $-3.96M | $-3.67M | $-32.89M | $-13.01M | $-9.48M | $-10.82M | $-60.37M | $-29.00M | $-24.18M | $-27.43M | $-48.14M | $-36.19M | $-44.40M | $-74.42M | $-163.83M | $-71.82M | $-30.04M | $-2.72M |
| Operating Margin % | 14.7% | 8.3% | -6.2% | -5.1% | -38.1% | -12.7% | -8.6% | -9.0% | -50.7% | -22.6% | -17.9% | -18.9% | -32.5% | -21.8% | -24.8% | -37.4% | -75.8% | -34.5% | -13.5% | nan% |
| Interest Expense | $1.09M | $1.06M | $1.27M | $1.56M | $1.71M | $1.65M | $1.65M | $1.88M | $2.10M | $2.07M | $2.37M | $2.33M | $2.19M | $1.15M | $3.00K | $19.00K | $46.00K | $62.00K | $305.00K | - |
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.43K |
| Other Income/Expense | $241.00K | $352.00K | $41.00K | $225.00K | $679.00K | $1.36M | $408.00K | $477.00K | $196.00K | $571.00K | $411.00K | $569.00K | $262.00K | $571.00K | $189.00K | $-64.00K | $49.00K | $202.00K | $1.65M | $-13.87M |
| Income Before Tax | $5.25M | $3.52M | $-5.80M | $-5.70M | $-34.56M | $-11.89M | $-10.80M | $-14.15M | $-65.10M | $-32.60M | $-25.76M | $-29.14M | $-46.45M | $-34.41M | $-42.15M | $-74.24M | $-148.76M | $-41.41M | $-23.30M | - |
| Income Tax Expense | $28.00K | $-49.00K | $101.00K | $45.00K | $-5.00K | $115.00K | $67.00K | $62.00K | $-62.00K | $63.00K | $-12.00K | $48.00K | $-1.52M | $-549.00K | $-281.00K | $-706.00K | $-2.80M | $-1.49M | $-10.86M | - |
| Net Income | $5.22M | $3.57M | $-5.90M | $-5.75M | $-34.56M | $-12.00M | $-10.87M | $-14.22M | $-65.04M | $-32.67M | $-25.75M | $-29.19M | $-44.93M | $-33.86M | $-41.87M | $-73.53M | $-145.96M | $-39.92M | $-12.44M | $-16.59M |
| Net Margin % | 9.4% | 6.0% | -9.2% | -7.9% | -40.0% | -11.7% | -9.9% | -11.8% | -54.7% | -25.5% | -19.1% | -20.1% | -30.3% | -20.4% | -23.4% | -37.0% | -67.5% | -19.2% | -5.6% | nan% |
| Basic EPS | nan | 0.51 | -0.85 | -0.84 | -5.06 | -1.75 | -1.59 | -2.10 | -24.19 | -0.11 | -0.08 | -0.09 | -0.14 | -0.11 | -0.14 | nan | -0.52 | -0.13 | -0.05 | nan |
| Diluted EPS | nan | 0.51 | -0.85 | -0.84 | -5.06 | -1.75 | -1.59 | -2.10 | -24.19 | -0.11 | -0.08 | -0.09 | -0.14 | -0.11 | -0.14 | nan | -0.52 | -0.13 | -0.05 | nan |
| Basic Shares Outstanding | 27K | 7.0M | 7.0M | 6.9M | 13K | 6.8M | 6.8M | 6.8M | -304.6M | 308.9M | 314.3M | 309.1M | 311K | 307.9M | 307.2M | - | 10.2M | 304.6M | 247.1M | - |
| Diluted Shares Outstanding | 27K | 7.0M | 7.0M | 6.9M | 13K | 6.8M | 6.8M | 6.8M | -304.6M | 308.9M | 314.3M | 309.1M | 311K | 307.9M | 307.2M | - | 10.2M | 304.6M | 247.1M | - |
| 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) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $39.02M | $33.95M | $25.56M | $18.13M | $20.19M | $32.31M | $32.33M | $38.93M | $33.41M | $38.19M | $58.69M | $66.39M | $80.09M | $94.06M | $57.06M | $63.43M | $104.05M | $199.84M | $347.23M | $730.43K |
| Accounts Receivable | $1.14M | - | - | - | $1.45M | - | - | - | - | - | - | - | - | - | - | - | - | $1.38M | $3.17M | - |
| Inventory | $9.41M | $11.15M | $11.41M | $13.48M | $16.30M | $18.01M | $23.78M | $20.81M | $24.98M | $31.75M | $43.36M | $48.30M | $54.06M | $67.99M | $72.27M | $99.99M | $132.73M | $141.14M | $74.24M | - |
| Other Current Assets | $4.34M | $6.71M | $11.39M | $18.64M | $28.91M | $34.80M | $35.52M | $42.45M | $45.92M | $47.73M | $48.62M | $45.69M | $39.25M | $41.03M | $44.83M | $40.98M | $43.73M | $48.56M | $46.29M | $254.93K |
| Total Current Assets | $63.84M | $60.38M | $57.30M | $61.66M | $78.69M | $95.25M | $103.41M | $116.44M | $119.27M | $130.67M | $159.22M | $171.79M | $186.45M | $210.26M | $184.48M | $220.55M | $299.37M | $404.93M | $481.36M | $985.37K |
| Property Plant & Equipment | $8.52M | $9.79M | $10.61M | $10.66M | $12.75M | $24.91M | $31.99M | $36.56M | $45.05M | $50.33M | $58.20M | $67.39M | $74.15M | $82.03M | $92.30M | $102.98M | $113.10M | $115.34M | $94.44M | - |
| Goodwill | $65.17M | $65.17M | $65.17M | $65.17M | $65.17M | $85.17M | $85.17M | $85.17M | $85.17M | $125.17M | $125.17M | $125.17M | $125.17M | - | - | - | - | $176.90M | $176.90M | - |
| Intangible Assets | - | - | - | - | - | - | - | - | - | $4.37M | $5.65M | $6.93M | - | - | - | - | - | $92.59M | $95.92M | - |
| Long-term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $300.00M |
| Other Non-current Assets | $1.59M | $1.65M | $1.84M | $2.11M | $2.71M | $2.85M | $4.15M | $2.33M | $2.92M | $6.64M | $9.66M | $8.43M | $9.51M | $12.73M | $12.80M | $13.97M | $7.65M | $6.85M | $7.03M | - |
| Total Assets | $147.03M | $146.41M | $145.89M | $152.54M | $174.56M | $225.47M | $244.96M | $263.02M | $276.84M | $347.32M | $391.12M | $415.77M | $443.39M | $498.61M | $490.04M | $544.19M | $637.61M | $858.82M | $915.96M | $300.99M |
| Accounts Payable | $5.30M | $4.28M | $4.97M | $8.17M | $9.53M | $7.11M | $12.77M | $8.43M | $10.66M | $16.12M | $13.30M | $16.75M | $17.94M | $13.87M | $22.68M | $25.63M | $48.38M | $48.30M | $50.65M | $2.68M |
| Accrued Liabilities | $18.41M | $23.35M | $20.60M | $19.57M | $24.98M | $37.93M | $36.30M | $40.72M | $42.15M | $46.19M | $49.12M | $54.78M | $64.43M | $71.69M | $62.35M | $69.90M | $74.53M | $89.84M | $87.44M | - |
| Deferred Revenue | $56.87M | $62.25M | $66.64M | $69.82M | $77.27M | $88.78M | $91.86M | $101.87M | $97.17M | $101.81M | $107.38M | $99.89M | $95.59M | $102.09M | $107.28M | $108.98M | $107.09M | $126.89M | $116.59M | - |
| Other Current Liabilities | $3.92M | $1.60M | $2.56M | $3.50M | $5.01M | $2.00M | $1.95M | $3.85M | $5.33M | $5.31M | $3.36M | $3.51M | $3.28M | $3.88M | $4.56M | $5.79M | $3.93M | $2.66M | $2.35M | - |
| Total Current Liabilities | $86.60M | $93.08M | $96.13M | $118.84M | $127.64M | $148.62M | $146.59M | $162.68M | $165.20M | $172.76M | $191.50M | $178.29M | $184.64M | $192.78M | $196.87M | $210.28M | $236.23M | $277.67M | $267.01M | $2.70M |
| Long-term Debt | $25.00M | $22.93M | $23.30M | - | $9.67M | $10.02M | $19.27M | $18.68M | $21.49M | $27.74M | $25.84M | $40.28M | $39.73M | $39.47M | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | $1.00K | - | - | - | $10.00K | $60.00K | $137.00K | $172.00K | $181.00K | $1.32M | $2.03M | $2.38M | $3.17M | $6.42M | $7.98M | - |
| Other Non-current Liabilities | $5.82M | $4.75M | $4.93M | $7.99M | $7.11M | $6.61M | $10.29M | $6.67M | $5.95M | $3.99M | $4.23M | $4.68M | $3.98M | $12.70M | $10.98M | $13.30M | $8.01M | $5.36M | $5.89M | - |
| Total Liabilities | $115.72M | $121.72M | $125.74M | $128.50M | $146.39M | $167.09M | $178.20M | $190.28M | $194.08M | $206.25M | $223.95M | $226.22M | $231.85M | $246.27M | $209.88M | $225.97M | $252.23M | $333.19M | $357.51M | $58.80M |
| Common Stock | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $31.00K | $31.00K | - |
| Retained Earnings | $-646.38M | $-651.60M | $-655.17M | $-649.27M | $-643.52M | $-608.96M | $-596.96M | $-586.09M | $-571.88M | $-506.84M | $-474.17M | $-448.42M | $-419.24M | $-374.30M | $-340.44M | $-298.58M | $-225.04M | $-79.08M | $-39.16M | $-24.51M |
| Total Stockholders Equity | $31.32M | $24.69M | $20.16M | $24.04M | $28.17M | $58.38M | $66.76M | $72.74M | $82.76M | $141.07M | $167.18M | $189.56M | $211.54M | $252.33M | $280.16M | $318.23M | $385.38M | $525.63M | $558.45M | $5.00M |
| Total Liabilities & Equity | $147.03M | $146.41M | $145.89M | $152.54M | $174.56M | $225.47M | $244.96M | $263.02M | $276.84M | $347.32M | $391.12M | $415.77M | $443.39M | $498.61M | $490.04M | $544.19M | $637.61M | $858.82M | $915.96M | $300.99M |
| 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) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $5.22M | $3.57M | $-11.65M | $-5.75M | $-34.56M | $-37.08M | $-10.87M | $-14.22M | $-65.04M | $-32.67M | $-54.94M | $-29.19M | $-44.93M | $-33.86M | $-41.87M | $-73.53M | $-145.96M | $-39.92M | $-12.44M | $-16.59M |
| Depreciation & Amortization | $1.89M | $6.79M | $4.91M | $2.89M | $12.68M | $18.76M | $10.79M | $5.38M | $8.18M | $31.39M | $21.63M | $10.71M | $15.99M | $58.86M | $41.55M | $21.59M | $19.04M | $40.56M | $25.94M | - |
| Stock-based Compensation | $871.00K | $4.74M | $3.74M | $1.73M | $4.37M | $12.70M | $9.10M | $4.37M | $4.74M | $19.15M | $12.72M | $9.55M | $4.45M | $13.17M | $7.57M | $4.56M | $5.57M | $10.84M | $5.09M | - |
| Change in Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $226.00K | $2.01M | - |
| Change in Inventory | $-1.50M | $-3.90M | $-4.34M | $-2.68M | $-214.00K | $-4.16M | $-131.00K | $-3.50M | $-5.62M | $-11.88M | $-6.04M | $-3.06M | $-9.83M | $-31.68M | $-28.40M | $-15.89M | $5.49M | $68.77M | $194.00K | - |
| Change in Payables | $1.04M | $-5.23M | $-4.65M | $-1.31M | $2.41M | $-3.32M | $2.37M | $-2.21M | $-5.63M | $-1.47M | $-4.18M | $-1.37M | $3.67M | $-30.38M | $-22.75M | $-20.75M | $-788.00K | $9.10M | $6.66M | $2.27M |
| Operating Cash Flow | $4.98M | $16.77M | $6.58M | $2.34M | $-6.73M | $9.29M | $8.21M | $9.13M | $-7.95M | $-14.58M | $-14.37M | $-7.87M | $-10.23M | $-36.94M | $-33.26M | $-33.37M | $-75.99M | $-139.26M | $-25.49M | $-453.39K |
| Capital Expenditure | $701.00K | $3.70M | $2.51M | $694.00K | $568.00K | $3.97M | $2.94M | $1.70M | $1.08M | $5.50M | $5.03M | $3.42M | $3.26M | $23.24M | $19.22M | $12.40M | $16.85M | $61.06M | $27.20M | - |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investing Cash Flow | $-701.00K | $-3.70M | $-2.51M | $-694.00K | $-568.00K | $1.63M | $2.65M | $3.90M | $-1.08M | $-9.75M | $-5.03M | $-3.42M | $-3.26M | $-23.24M | $-19.22M | $-12.40M | $-16.85M | $-108.34M | $-74.48M | - |
| Financing Cash Flow | $519.00K | $511.00K | $785.00K | $-3.73M | $-4.06M | $-11.81M | $-11.50M | $-7.22M | $4.01M | $-17.73M | $-2.40M | $-2.44M | $-722.00K | $48.28M | $2.66M | $1.92M | $203.00K | $390.45M | $389.77M | - |
| Net Change in Cash | $5.07M | $13.76M | $5.37M | $-2.06M | $-12.13M | $-1.10M | $-1.08M | $5.52M | $-4.78M | $-41.90M | $-21.41M | $-13.70M | $-13.97M | $-12.99M | $-49.99M | $-43.63M | $-92.78M | $143.01M | $290.40M | $-453.39K |
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 | $59.89M | - | $196.19M | - |
| Cost of Revenue | $15.24M | - | $53.76M | - |
| Gross Profit | $44.65M | - | $142.44M | - |
| Operating Expenses | $39.66M | - | $145.09M | - |
| Operating Income | $4.99M | - | $-2.65M | - |
| Interest Expense | $1.06M | - | $3.89M | - |
| Other Income/Expense | $352.00K | - | $618.00K | - |
| Income Before Tax | $3.52M | - | $-7.98M | - |
| Income Tax Expense | $-49.00K | - | $97.00K | - |
| Net Income | $3.57M | $-10.87M | $-8.08M | - |
| Basic EPS | 0.51 | - | -1.16 | - |
| Diluted EPS | 0.51 | - | -1.16 | - |
| Basic Shares Outstanding | $7.00M | - | $6.94M | - |
| Diluted Shares Outstanding | $7.05M | - | $6.94M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $33.95M | $20.19M |
| Inventory | $11.15M | $16.30M |
| Other Current Assets | $6.71M | $28.91M |
| Total Current Assets | $60.38M | $78.69M |
| Property Plant & Equipment | $9.79M | $12.75M |
| Goodwill | $65.17M | $65.17M |
| Other Non-current Assets | $1.65M | $2.71M |
| Total Assets | $146.41M | $174.56M |
| Accounts Payable | $4.28M | $9.53M |
| Accrued Liabilities | $23.35M | $24.98M |
| Deferred Revenue | $62.25M | $77.27M |
| Other Current Liabilities | $1.60M | $5.01M |
| Total Current Liabilities | $93.08M | $127.64M |
| Long-term Debt | $22.93M | $9.67M |
| Other Non-current Liabilities | $4.75M | $7.11M |
| Total Liabilities | $121.72M | $146.39M |
| Retained Earnings | $-651.60M | $-643.52M |
| Total Stockholders Equity | $24.69M | $28.17M |
| Total Liabilities & Equity | $146.41M | $174.56M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $3.57M | $-10.87M | $-8.08M | - |
| Depreciation & Amortization | - | - | $6.79M | - |
| Stock-based Compensation | - | - | $4.74M | - |
| Change in Inventory | - | - | $-3.90M | - |
| Change in Payables | - | - | $-5.23M | - |
| Operating Cash Flow | - | - | $16.77M | - |
| Capital Expenditure | - | - | $3.70M | - |
| Investing Cash Flow | - | - | $-3.70M | - |
| Financing Cash Flow | - | - | $511.00K | - |
| Net Change in Cash | - | - | $13.76M | - |
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.