$443.64M
Revenue
$-18.96M
Net Income
80.55%
Gross Margin
-5.14%
Op. Margin
$100.64M
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 | $117.66M | $112.08M | $108.89M | $105.02M | $102.64M | $97.41M | $90.95M |
| Revenue Growth % (YoY) | 14.6% | 15.1% | 19.7% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $23.11M | $22.22M | $21.11M | $19.87M | $18.81M | $17.06M | $14.96M |
| Gross Profit | $94.55M | $89.86M | $87.78M | $85.15M | $83.83M | $80.35M | $75.99M |
| Gross Margin % | 80.4% | 80.2% | 80.6% | 81.1% | 81.7% | 82.5% | 83.6% |
| Operating Expenses | $108.45M | $94.34M | $92.13M | $85.22M | $82.09M | $78.64M | $72.60M |
| Research & Development | $25.75M | $25.71M | $23.80M | $21.91M | $21.30M | $22.18M | $19.29M |
| Operating Income | $-13.90M | $-4.49M | $-4.34M | $-74.00K | $1.74M | $1.71M | $3.39M |
| Operating Margin % | -11.8% | -4.0% | -4.0% | -0.1% | 1.7% | 1.8% | 3.7% |
| Interest Expense | - | - | - | - | - | - | - |
| Other Income/Expense | $-8.03M | $2.16M | $2.29M | $4.17M | $-8.20M | $2.91M | $2.62M |
| Income Before Tax | $-9.81M | $-2.33M | $-2.06M | $4.10M | $4.67M | $4.62M | $6.01M |
| Income Tax Expense | $1.17M | $65.00K | $4.72M | $3.44M | $1.38M | $3.90M | $4.65M |
| Net Income | $-11.10M | $-2.14M | $-6.57M | $849.00K | $3.35M | $1.09M | $1.66M |
| Net Margin % | -9.4% | -1.9% | -6.0% | 0.8% | 3.3% | 1.1% | 1.8% |
| Basic EPS | -0.08 | -0.01 | -0.04 | 0.01 | 0.03 | 0.01 | 0.01 |
| Diluted EPS | -0.08 | -0.01 | -0.04 | 0.01 | 0.03 | 0.01 | 0.01 |
| Basic Shares Outstanding | - | 148.8M | 148.3M | 147.2M | 302K | 146.4M | 145.7M |
| Diluted Shares Outstanding | - | 148.8M | 148.3M | 151.1M | 209K | 149.4M | 148.8M |
| 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 | $264.28M | $80.78M | $54.32M | $64.67M | $48.88M | $45.08M | $69.63M |
| Accounts Receivable | $26.49M | $17.02M | $14.24M | $11.03M | $8.96M | $9.34M | $9.06M |
| Other Current Assets | $15.80M | $19.95M | $18.14M | $14.46M | $21.62M | $20.43M | $30.27M |
| Total Current Assets | $324.85M | $323.87M | $301.11M | $297.45M | $276.18M | $272.41M | $280.60M |
| Goodwill | $60.12M | $59.81M | $59.92M | $57.68M | $56.14M | $54.30M | $40.63M |
| Intangible Assets | $40.73M | $37.32M | $35.32M | $33.01M | $32.05M | $30.75M | $26.95M |
| Other Non-current Assets | $6.24M | $6.43M | $6.88M | $6.45M | $5.83M | $5.36M | $2.57M |
| Total Assets | $454.14M | $450.41M | $424.95M | $416.50M | $390.94M | $383.80M | $372.95M |
| Accounts Payable | $23.80M | $20.88M | $13.51M | $14.22M | $10.46M | $11.54M | $11.20M |
| Accrued Liabilities | $27.37M | $25.87M | $20.63M | $21.61M | $20.22M | $20.28M | $21.79M |
| Deferred Revenue | $93.19M | $83.60M | $81.73M | $79.93M | $71.83M | $69.00M | $66.59M |
| Other Current Liabilities | $4.29M | $5.47M | $4.85M | $5.75M | $6.91M | $7.46M | $7.60M |
| Total Current Liabilities | $154.05M | $141.28M | $125.68M | $126.70M | $114.09M | $113.05M | $112.01M |
| Deferred Tax Liabilities | $1.48M | $1.54M | $1.80M | $1.63M | $1.62M | $1.97M | $1.93M |
| Other Non-current Liabilities | $13.00K | $97.00K | $1.22M | $1.20M | $1.04M | $2.26M | $1.53M |
| Total Liabilities | $163.14M | $151.86M | $136.78M | $138.34M | $124.59M | $124.80M | $123.79M |
| Retained Earnings | $-82.72M | $-71.62M | $-69.48M | $-62.91M | $-63.76M | $-67.11M | $-68.20M |
| Total Stockholders Equity | $288.55M | $289.68M | $279.05M | $268.69M | $256.60M | $248.52M | $235.62M |
| Total Liabilities & Equity | $454.14M | $450.41M | $424.95M | $416.50M | $390.94M | $383.80M | $372.95M |
| 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 | $-11.10M | $-2.14M | $-6.57M | $849.00K | $3.35M | $4.89M | $1.66M |
| Depreciation & Amortization | $3.97M | $9.89M | $6.31M | $3.42M | $2.97M | $7.09M | $4.27M |
| Stock-based Compensation | $17.10M | $35.52M | $22.55M | $9.11M | $8.14M | $19.86M | $12.28M |
| Change in Receivables | $9.85M | $8.30M | $5.43M | $2.17M | $-1.01M | $301.00K | $774.00K |
| Change in Payables | $2.91M | $10.25M | $2.63M | $3.56M | $-1.49M | $1.94M | $1.91M |
| Operating Cash Flow | $14.90M | $44.69M | $22.79M | $22.11M | $11.93M | $35.06M | $26.92M |
| Capital Expenditure | $67.00K | $1.73M | $1.33M | $725.00K | $391.00K | $3.41M | $2.91M |
| Acquisitions | $3.93M | $1.65M | $1.10M | $512.00K | $4.82M | $21.08M | $10.03M |
| Investing Cash Flow | $175.10M | $-12.16M | $-17.03M | $-5.69M | $-7.15M | $-51.08M | $-6.19M |
| Financing Cash Flow | $-5.94M | $-1.60M | $-1.08M | $-345.00K | $-139.00K | $2.01M | $2.56M |
| Net Change in Cash | $183.50M | $31.91M | $5.45M | $15.79M | $3.79M | $-13.58M | $22.68M |
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 | $112.08M | - | $325.99M | - |
| Cost of Revenue | $22.22M | - | $63.20M | - |
| Gross Profit | $89.86M | - | $262.78M | - |
| Operating Expenses | $94.34M | - | $271.69M | - |
| Research & Development | $25.71M | - | $71.42M | - |
| Operating Income | $-4.49M | - | $-8.91M | - |
| Other Income/Expense | $2.16M | - | $8.62M | - |
| Income Before Tax | $-2.33M | - | $-290.00K | - |
| Income Tax Expense | $65.00K | - | $8.23M | - |
| Net Income | $-2.14M | $1.66M | $-7.86M | - |
| Basic EPS | -0.01 | - | -0.05 | - |
| Diluted EPS | -0.01 | - | -0.05 | - |
| Basic Shares Outstanding | $148.82M | - | $148.12M | - |
| Diluted Shares Outstanding | $148.82M | - | $148.12M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $80.78M | $48.88M |
| Accounts Receivable | $17.02M | $8.96M |
| Other Current Assets | $19.95M | $21.62M |
| Total Current Assets | $323.87M | $276.18M |
| Goodwill | $59.81M | $56.14M |
| Intangible Assets | $37.32M | $32.05M |
| Other Non-current Assets | $6.43M | $5.83M |
| Total Assets | $450.41M | $390.94M |
| Accounts Payable | $20.88M | $10.46M |
| Accrued Liabilities | $25.87M | $20.22M |
| Deferred Revenue | $83.60M | $71.83M |
| Other Current Liabilities | $5.47M | $6.91M |
| Total Current Liabilities | $141.28M | $114.09M |
| Deferred Tax Liabilities | $1.54M | $1.62M |
| Other Non-current Liabilities | $97.00K | $1.04M |
| Total Liabilities | $151.86M | $124.59M |
| Retained Earnings | $-71.62M | $-63.76M |
| Total Stockholders Equity | $289.68M | $256.60M |
| Total Liabilities & Equity | $450.41M | $390.94M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-2.14M | $1.66M | $-7.86M | - |
| Depreciation & Amortization | - | - | $9.89M | - |
| Stock-based Compensation | - | - | $35.52M | - |
| Change in Receivables | - | - | $8.30M | - |
| Change in Payables | - | - | $10.25M | - |
| Operating Cash Flow | - | - | $44.69M | - |
| Capital Expenditure | - | - | $1.73M | - |
| Acquisitions | - | - | $1.65M | - |
| Investing Cash Flow | - | - | $-12.16M | - |
| Financing Cash Flow | - | - | $-1.60M | - |
| Net Change in Cash | - | - | $31.91M | - |
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.