$1.03B
Revenue
$15.22M
Net Income
-
Gross Margin
4.40%
Op. Margin
$-31.11M
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 | $245.45M | $262.84M | $271.37M | $253.40M | $243.32M | $266.32M | $285.75M |
| Revenue Growth % (YoY) | 0.9% | -1.3% | -5.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | - | $418.18M | $440.78M | $408.55M | $966.16M | $224.24M | $240.68M |
| Gross Profit | - | $-155.34M | $-169.41M | $-155.14M | $-722.84M | $42.08M | $45.07M |
| Gross Margin % | nan% | -59.1% | -62.4% | -61.2% | -297.1% | 15.8% | 15.8% |
| Operating Income | $67.02M | $-10.65M | $-5.53M | $-5.35M | $-16.26M | $-7.43M | $-3.67M |
| Operating Margin % | 27.3% | -4.1% | -2.0% | -2.1% | -6.7% | -2.8% | -1.3% |
| Interest Expense | $1.40M | $1.76M | $1.76M | $1.53M | $1.45M | $1.46M | - |
| Income Before Tax | $71.71M | $-24.93M | $-22.62M | $-6.28M | $-6.34M | $-27.45M | $-1.61M |
| Income Tax Expense | $3.55M | $11.00K | - | - | $-251.00K | - | $173.00K |
| Net Income | $68.57M | $-24.69M | $-22.67M | $-5.99M | $-6.00M | $-27.18M | $-1.66M |
| Net Margin % | 27.9% | -9.4% | -8.4% | -2.4% | -2.5% | -10.2% | -0.6% |
| Basic EPS | nan | -0.29 | -0.27 | -0.07 | -0.07 | -0.33 | -0.02 |
| Diluted EPS | nan | -0.29 | -0.27 | -0.07 | -0.07 | -0.33 | -0.02 |
| 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 | $115.51M | $143.00M | $136.33M | $136.77M | $135.66M | $151.42M | $92.86M |
| Short-term Investments | - | - | - | - | $9.80M | - | - |
| Accounts Receivable | $19.91M | $17.75M | $20.73M | $20.75M | $19.60M | $22.08M | $27.50M |
| Other Current Assets | $15.46M | $18.90M | $19.58M | $19.15M | $19.05M | $18.96M | $20.03M |
| Total Current Assets | $161.30M | $192.93M | $192.43M | $196.03M | $196.06M | $205.55M | $161.46M |
| Property Plant & Equipment | $30.15M | $32.44M | $36.02M | $36.99M | $37.70M | $38.20M | $38.66M |
| Goodwill | $32.23M | $32.23M | $32.23M | $32.23M | $32.23M | $32.23M | $32.23M |
| Intangible Assets | $71.66M | - | - | - | $72.31M | - | - |
| Long-term Investments | $10.55M | - | - | - | $9.53M | - | - |
| Other Non-current Assets | $6.28M | $6.60M | $7.05M | $6.59M | $6.42M | $6.70M | $6.83M |
| Total Assets | $444.41M | $480.60M | $489.00M | $493.94M | $493.89M | $502.67M | $463.93M |
| Accounts Payable | $3.78M | $3.61M | $3.11M | $5.21M | $3.06M | $2.81M | $2.73M |
| Deferred Revenue | $15.97M | $15.87M | $14.14M | $16.11M | $18.23M | $15.13M | $14.83M |
| Other Current Liabilities | $19.38M | $25.58M | $25.02M | $30.64M | $20.46M | $21.64M | $25.67M |
| Total Current Liabilities | $98.67M | $100.60M | $96.86M | $100.63M | $92.16M | $89.67M | $90.87M |
| Long-term Debt | - | $34.68M | $33.98M | $33.32M | $32.67M | $32.07M | - |
| Other Non-current Liabilities | $134.00K | $1.06M | $1.11M | $662.00K | $683.00K | $312.00K | $310.00K |
| Total Liabilities | $261.13M | $365.79M | $351.41M | $335.77M | $331.46M | $328.72M | $266.42M |
| Common Stock | $883.00K | $890.00K | $887.00K | $888.00K | $889.00K | $918.00K | $917.00K |
| Retained Earnings | $-108.65M | $-177.22M | $-152.53M | $-129.85M | $-123.87M | $-117.87M | $-90.69M |
| Total Stockholders Equity | $183.95M | $115.07M | $137.60M | $158.24M | $162.19M | $173.62M | $196.91M |
| Total Liabilities & Equity | $444.41M | $480.60M | $489.00M | $493.94M | $493.89M | $502.67M | $463.93M |
| 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 | $68.57M | $-24.69M | $-22.67M | $-5.99M | $-6.00M | $-27.18M | $-1.66M |
| Depreciation & Amortization | $2.08M | $2.18M | $4.12M | $1.90M | $1.93M | $1.90M | $1.93M |
| Stock-based Compensation | $2.26M | $6.32M | $4.16M | $2.04M | $-4.14M | $10.72M | $6.83M |
| Deferred Income Tax | - | - | - | - | - | $977.00K | $977.00K |
| Operating Cash Flow | $-14.38M | $505.00K | $-4.97M | $-5.62M | $-8.97M | $-16.99M | $-25.97M |
| Capital Expenditure | $312.00K | $3.04M | $2.25M | $1.03M | $1.26M | $4.27M | $2.97M |
| Investing Cash Flow | $82.19M | $8.27M | $7.55M | $8.78M | $-4.78M | $-2.01M | $-629.00K |
| Dividends Paid | - | - | - | - | - | - | - |
| Financing Cash Flow | $-96.01M | $-85.00K | $-85.00K | - | $-1.29M | $46.74M | $-11.00K |
| Net Change in Cash | $-28.20M | $8.69M | $2.49M | $3.16M | $-15.04M | $27.75M | $-26.61M |
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 | $262.84M | $266.32M | $787.61M | $752.31M |
| Operating Income | $-10.65M | $-7.43M | $-21.54M | $-52.57M |
| Interest Expense | $1.57M | $1.46M | $1.76M | - |
| Income Before Tax | $-24.93M | $-27.45M | $-53.84M | $-69.55M |
| Income Tax Expense | $11.00K | - | $11.00K | $1.37M |
| Net Income | $-24.69M | $-27.18M | $-53.35M | $-70.32M |
| Basic EPS | -0.29 | -0.33 | -0.63 | -0.84 |
| Diluted EPS | -0.29 | -0.33 | -0.63 | -0.84 |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $143.00M | $135.66M |
| Short-term Investments | - | $9.80M |
| Accounts Receivable | $17.75M | $19.60M |
| Other Current Assets | $18.90M | $19.05M |
| Total Current Assets | $192.93M | $196.06M |
| Property Plant & Equipment | $32.44M | $37.70M |
| Goodwill | $32.23M | $32.23M |
| Other Non-current Assets | $6.60M | $6.42M |
| Total Assets | $480.60M | $493.89M |
| Accounts Payable | $3.61M | $3.06M |
| Deferred Revenue | $15.87M | $18.23M |
| Other Current Liabilities | $25.58M | $20.46M |
| Total Current Liabilities | $100.60M | $92.16M |
| Long-term Debt | $34.68M | $32.67M |
| Other Non-current Liabilities | $1.06M | $683.00K |
| Total Liabilities | $365.79M | $331.46M |
| Common Stock | $890.00K | $889.00K |
| Retained Earnings | $-177.22M | $-123.87M |
| Total Stockholders Equity | $115.07M | $162.19M |
| Total Liabilities & Equity | $480.60M | $493.89M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-24.69M | $-27.18M | $-53.35M | $-70.32M |
| Depreciation & Amortization | $2.18M | $1.90M | $6.30M | $5.81M |
| Stock-based Compensation | - | - | $6.32M | $10.72M |
| Operating Cash Flow | - | - | $505.00K | $-16.99M |
| Capital Expenditure | - | - | $3.04M | $4.27M |
| Investing Cash Flow | - | - | $8.27M | $-2.01M |
| Financing Cash Flow | - | - | $-85.00K | $46.74M |
| Net Change in Cash | - | - | $8.69M | $27.75M |
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.