$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) |
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 | $117.66M | $112.08M | $108.89M | $105.02M | $102.64M | $97.41M | $90.95M | $85.81M | $83.39M | $78.72M | $74.69M | $70.87M | $68.78M | $65.79M | $62.61M | $57.13M | $53.75M | $49.25M | $45.01M | $40.00M |
| Revenue Growth % (YoY) | 14.6% | 15.1% | 19.7% | 22.4% | 23.1% | 23.7% | 21.8% | 21.1% | 21.2% | 19.6% | 19.3% | 24.1% | 28.0% | 33.6% | 39.1% | 42.8% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $23.11M | $22.22M | $21.11M | $19.87M | $18.81M | $17.06M | $14.96M | $14.64M | $13.68M | $13.03M | $12.97M | $12.64M | $11.96M | $12.40M | $12.60M | $11.59M | $11.56M | $11.36M | $10.24M | $8.77M |
| Gross Profit | $94.55M | $89.86M | $87.78M | $85.15M | $83.83M | $80.35M | $75.99M | $71.17M | $69.71M | $65.69M | $61.72M | $58.23M | $56.82M | $53.39M | $50.01M | $45.54M | $42.19M | $37.89M | $34.77M | $31.23M |
| Gross Margin % | 80.4% | 80.2% | 80.6% | 81.1% | 81.7% | 82.5% | 83.6% | 82.9% | 83.6% | 83.4% | 82.6% | 82.2% | 82.6% | 81.1% | 79.9% | 79.7% | 78.5% | 76.9% | 77.3% | 78.1% |
| Operating Expenses | $108.45M | $94.34M | $92.13M | $85.22M | $82.09M | $78.64M | $72.60M | $69.70M | $67.03M | $62.94M | $64.05M | $69.00M | $72.09M | $63.64M | $58.27M | $48.13M | $45.84M | $38.22M | $34.78M | $29.72M |
| Research & Development | $25.75M | $25.71M | $23.80M | $21.91M | $21.30M | $22.18M | $19.29M | $17.30M | $15.37M | $14.07M | $14.12M | $13.88M | $13.26M | $10.13M | $9.67M | $8.14M | $6.83M | $6.17M | $5.96M | $5.36M |
| Operating Income | $-13.90M | $-4.49M | $-4.34M | $-74.00K | $1.74M | $1.71M | $3.39M | $1.47M | $2.68M | $2.75M | $-2.33M | $-10.77M | $-15.27M | $-10.25M | $-8.26M | $-2.59M | $-3.65M | $-330.00K | $-15.00K | $1.51M |
| Operating Margin % | -11.8% | -4.0% | -4.0% | -0.1% | 1.7% | 1.8% | 3.7% | 1.7% | 3.2% | 3.5% | -3.1% | -15.2% | -22.2% | -15.6% | -13.2% | -4.5% | -6.8% | -0.7% | -0.0% | 3.8% |
| Interest Expense | - | - | - | - | - | - | - | - | $43.00K | $154.00K | $107.00K | $56.00K | $163.00K | $66.00K | $169.00K | $73.00K | $128.00K | $193.00K | $112.00K | - |
| Other Income/Expense | $-8.03M | $2.16M | $2.29M | $4.17M | $-8.20M | $2.91M | $2.62M | $3.64M | $-6.30M | $2.10M | $2.92M | $1.71M | $1.10M | $1.48M | $711.00K | $159.00K | $-266.00K | $-184.00K | $-123.00K | $51.00K |
| Income Before Tax | $-9.81M | $-2.33M | $-2.06M | $4.10M | $4.67M | $4.62M | $6.01M | $5.11M | $8.27M | $4.85M | $590.00K | $-9.06M | $-14.17M | $-8.77M | $-7.54M | $-2.43M | $-3.92M | $-514.00K | $-138.00K | $1.56M |
| Income Tax Expense | $1.17M | $65.00K | $4.72M | $3.44M | $1.38M | $3.90M | $4.65M | $3.10M | $1.39M | $637.00K | $869.00K | $797.00K | $-269.00K | $321.00K | $739.00K | $140.00K | $-58.00K | $101.00K | $141.00K | $86.00K |
| Net Income | $-11.10M | $-2.14M | $-6.57M | $849.00K | $3.35M | $1.09M | $1.66M | $2.14M | $6.87M | $4.21M | $-279.00K | $-9.86M | $-13.90M | $-9.09M | $-8.28M | $-2.57M | $-3.86M | $-615.00K | $-279.00K | $1.47M |
| Net Margin % | -9.4% | -1.9% | -6.0% | 0.8% | 3.3% | 1.1% | 1.8% | 2.5% | 8.2% | 5.4% | -0.4% | -13.9% | -20.2% | -13.8% | -13.2% | -4.5% | -7.2% | -1.2% | -0.6% | 3.7% |
| Basic EPS | -0.08 | -0.01 | -0.04 | 0.01 | 0.03 | 0.01 | 0.01 | 0.01 | 0.05 | 0.03 | 0.00 | -0.07 | -0.10 | -0.06 | -0.06 | -0.02 | -0.03 | 0.00 | 0.00 | 0.02 |
| Diluted EPS | -0.08 | -0.01 | -0.04 | 0.01 | 0.03 | 0.01 | 0.01 | 0.01 | 0.05 | 0.03 | 0.00 | -0.07 | -0.10 | -0.06 | -0.06 | -0.02 | -0.03 | 0.00 | 0.00 | 0.01 |
| Basic Shares Outstanding | - | 148.8M | 148.3M | 147.2M | 302K | 146.4M | 145.7M | 144.6M | 346K | 142.8M | 142.2M | 141.7M | 126K | 141.3M | 141.0M | 140.8M | 4.0M | 135.7M | 135.3M | 96.4M |
| Diluted Shares Outstanding | - | 148.8M | 148.3M | 151.1M | 209K | 149.4M | 148.8M | 147.7M | 3.8M | 146.3M | 142.2M | 141.7M | 126K | 141.3M | 141.0M | 140.8M | -12.1M | 135.7M | 135.3M | 131.4M |
| 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 | $264.28M | $80.78M | $54.32M | $64.67M | $48.88M | $45.08M | $69.63M | $41.39M | $58.85M | $41.19M | $24.07M | $56.89M | $79.77M | - | $248.92M | $259.82M | $269.67M | $188.51M | $180.76M | $171.87M |
| Accounts Receivable | $26.49M | $17.02M | $14.24M | $11.03M | $8.96M | $9.34M | $9.06M | $7.12M | $7.90M | $5.82M | $4.29M | $3.86M | $3.56M | - | - | - | $2.19M | - | - | - |
| Other Current Assets | $15.80M | $19.95M | $18.14M | $14.46M | $21.62M | $20.43M | $30.27M | $16.91M | $10.01M | $16.40M | $16.90M | $11.91M | $9.31M | $6.34M | $10.48M | $4.61M | $5.34M | $6.57M | $7.18M | $3.63M |
| Total Current Assets | $324.85M | $323.87M | $301.11M | $297.45M | $276.18M | $272.41M | $280.60M | $276.79M | $265.55M | $260.49M | $252.34M | $255.13M | $257.38M | $263.02M | $269.02M | $274.15M | $283.54M | $203.13M | $196.08M | $182.69M |
| Property Plant & Equipment | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.99M | $8.63M | $7.62M | $8.27M | $8.39M | $8.40M | $3.88M |
| Goodwill | $60.12M | $59.81M | $59.92M | $57.68M | $56.14M | $54.30M | $40.63M | $24.76M | $24.88M | $7.74M | $7.85M | $7.77M | $6.53M | $6.34M | $6.74M | $8.08M | $1.99M | $1.99M | $1.99M | $1.99M |
| Intangible Assets | $40.73M | $37.32M | $35.32M | $33.01M | $32.05M | $30.75M | $26.95M | $16.94M | $16.08M | $12.90M | $12.21M | $11.30M | $10.29M | $11.25M | $11.34M | $11.38M | $2.92M | $2.11M | $2.13M | $2.18M |
| Other Non-current Assets | $6.24M | $6.43M | $6.88M | $6.45M | $5.83M | $5.36M | $2.57M | $1.54M | $633.00K | $1.04M | $1.20M | $861.00K | $2.33M | $3.75M | $3.92M | $3.74M | $1.10M | $972.00K | $1.03M | $1.13M |
| Total Assets | $454.14M | $450.41M | $424.95M | $416.50M | $390.94M | $383.80M | $372.95M | $341.73M | $331.49M | $301.96M | $293.89M | $295.50M | $298.69M | $293.79M | $302.25M | $307.45M | $300.07M | $218.79M | $211.76M | $193.87M |
| Accounts Payable | $23.80M | $20.88M | $13.51M | $14.22M | $10.46M | $11.54M | $11.20M | $10.16M | $9.19M | $9.90M | $10.25M | $11.37M | $15.49M | $13.15M | $5.73M | $10.84M | $9.94M | $5.20M | $9.13M | $10.23M |
| Accrued Liabilities | $27.37M | $25.87M | $20.63M | $21.61M | $20.22M | $20.28M | $21.79M | $19.60M | $19.89M | $17.92M | $16.47M | $19.23M | $17.85M | $17.65M | $25.31M | $19.72M | $19.48M | $22.29M | $12.85M | $10.29M |
| Deferred Revenue | $93.19M | $83.60M | $81.73M | $79.93M | $71.83M | $69.00M | $66.59M | $63.98M | $58.31M | $55.24M | $55.94M | $56.26M | $49.35M | $47.12M | $48.30M | $47.55M | $40.23M | $36.05M | $34.65M | $32.08M |
| Other Current Liabilities | $4.29M | $5.47M | $4.85M | $5.75M | $6.91M | $7.46M | $7.60M | $2.64M | $2.82M | $1.88M | $2.41M | $2.48M | $2.31M | $2.66M | $2.62M | $1.69M | $1.90M | $1.88M | $1.86M | - |
| Total Current Liabilities | $154.05M | $141.28M | $125.68M | $126.70M | $114.09M | $113.05M | $112.01M | $100.53M | $94.48M | $88.66M | $88.83M | $93.00M | $88.70M | $80.58M | $81.96M | $79.79M | $71.55M | $65.41M | $58.49M | $52.60M |
| Deferred Tax Liabilities | $1.48M | $1.54M | $1.80M | $1.63M | $1.62M | $1.97M | $1.93M | $633.00K | $839.00K | $24.00K | $100.00K | $15.00K | $11.00K | $111.00K | $24.00K | $111.00K | $268.00K | $126.00K | $126.00K | $153.00K |
| Other Non-current Liabilities | $13.00K | $97.00K | $1.22M | $1.20M | $1.04M | $2.26M | $1.53M | $67.00K | $1.20M | $226.00K | $674.00K | $756.00K | $1.02M | $1.43M | $2.18M | $2.66M | $2.48M | $2.96M | $3.44M | $1.02M |
| Total Liabilities | $163.14M | $151.86M | $136.78M | $138.34M | $124.59M | $124.80M | $123.79M | $110.68M | $107.17M | $97.19M | $98.00M | $102.05M | $98.79M | $82.51M | $84.35M | $82.88M | $74.53M | $68.74M | $62.29M | $53.95M |
| Common Stock | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Retained Earnings | $-82.72M | $-71.62M | $-69.48M | $-62.91M | $-63.76M | $-67.11M | $-68.20M | $-69.86M | $-72.00M | $-78.87M | $-83.09M | $-82.81M | $-72.95M | $-59.05M | $-49.95M | $-41.67M | $-39.10M | $-35.24M | $-34.62M | $-34.34M |
| Total Stockholders Equity | $288.55M | $289.68M | $279.05M | $268.69M | $256.60M | $248.52M | $235.62M | $226.02M | $219.15M | $204.77M | $195.89M | $193.45M | $199.90M | $211.28M | $217.90M | $224.56M | $225.54M | $150.06M | $149.47M | $139.91M |
| Total Liabilities & Equity | $454.14M | $450.41M | $424.95M | $416.50M | $390.94M | $383.80M | $372.95M | $341.73M | $331.49M | $301.96M | $293.89M | $295.50M | $298.69M | $293.79M | $302.25M | $307.45M | $300.07M | $218.79M | $211.76M | $193.87M |
| 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 | $-11.10M | $-2.14M | $-6.57M | $849.00K | $3.35M | $4.89M | $1.66M | $2.14M | $6.87M | $-5.92M | $-10.14M | $-9.86M | $-13.90M | $-19.95M | $-8.28M | $-2.57M | $-3.86M | $-615.00K | $1.19M | $1.47M |
| Depreciation & Amortization | $3.97M | $9.89M | $6.31M | $3.42M | $2.97M | $7.09M | $4.27M | $2.18M | $1.98M | $4.81M | $3.13M | $1.49M | $24.00K | $6.63M | $4.22M | $1.46M | $1.10M | $2.44M | $1.45M | $460.00K |
| Stock-based Compensation | $17.10M | $35.52M | $22.55M | $9.11M | $8.14M | $19.86M | $12.28M | $5.12M | $4.57M | $10.76M | $6.56M | $2.80M | $2.28M | $5.12M | $3.14M | $932.00K | $953.00K | $1.79M | $1.16M | $593.00K |
| Change in Receivables | $9.85M | $8.30M | $5.43M | $2.17M | $-1.01M | $301.00K | $774.00K | $-782.00K | $1.53M | $2.26M | $422.00K | $1.10M | $2.97M | $344.00K | $-109.00K | $353.00K | $50.00K | $741.00K | $1.32M | $985.00K |
| Change in Payables | $2.91M | $10.25M | $2.63M | $3.56M | $-1.49M | $1.94M | $1.91M | $1.01M | $-1.82M | $-5.57M | $-5.18M | $-4.23M | $1.97M | $4.82M | $-2.71M | $2.32M | $4.75M | $-3.22M | $720.00K | $1.58M |
| Operating Cash Flow | $14.90M | $44.69M | $22.79M | $22.11M | $11.93M | $35.06M | $26.92M | $14.78M | $11.55M | $-3.57M | $-9.92M | $-3.61M | $-9.63M | $6.00K | $589.00K | $8.03M | $5.01M | $18.75M | $10.06M | $9.01M |
| Capital Expenditure | $67.00K | $1.73M | $1.33M | $725.00K | $391.00K | $3.41M | $2.91M | $759.00K | $1.42M | $1.06M | $957.00K | $268.00K | $218.00K | $4.02M | $2.80M | $370.00K | $822.00K | $1.56M | $750.00K | $166.00K |
| Acquisitions | $3.93M | $1.65M | $1.10M | $512.00K | $4.82M | $21.08M | $10.03M | $501.00K | $3.83M | $1.23M | $1.08M | $1.08M | - | $13.99M | $13.99M | $14.00M | - | $350.00K | $350.00K | $350.00K |
| Investing Cash Flow | $175.10M | $-12.16M | $-17.03M | $-5.69M | $-7.15M | $-51.08M | $-6.19M | $-31.98M | $5.25M | $-34.32M | $-45.09M | $-18.89M | $-158.55M | $-21.28M | $-19.57M | $-16.66M | $-1.79M | $-2.84M | $-1.87M | $-1.14M |
| Financing Cash Flow | $-5.94M | $-1.60M | $-1.08M | $-345.00K | $-139.00K | $2.01M | $2.56M | $434.00K | $909.00K | $-928.00K | $-643.00K | $-451.00K | $-174.00K | $-171.00K | $-251.00K | $-13.00K | $78.17M | $137.16M | $137.04M | $128.47M |
| Net Change in Cash | $183.50M | $31.91M | $5.45M | $15.79M | $3.79M | $-13.58M | $22.68M | $-17.27M | $17.66M | $-38.58M | $-55.69M | $-22.88M | $-166.97M | $-23.11M | $-20.75M | $-9.90M | $81.16M | $153.07M | $145.23M | $136.34M |
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.