$381.95M
Revenue
$-86.97M
Net Income
19.25%
Gross Margin
-13.54%
Op. Margin
$-29.45M
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
|---|---|---|
| Total Revenue | $134.56M | $61.73M |
| Revenue Growth % (YoY) | nan% | nan% |
| Operating Expenses | $149.57M | $78.52M |
| Operating Income | $-15.01M | $-16.79M |
| Operating Margin % | -11.2% | -27.2% |
| Interest Expense | $7.30M | $7.39M |
| Other Income/Expense | $-2.78M | $-618.00K |
| Income Before Tax | $231.03M | $-71.33M |
| Income Tax Expense | $52.63M | $-15.60M |
| Net Income | $178.57M | $-55.73M |
| Net Margin % | 132.7% | -90.3% |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
|---|---|---|
| Cash & Cash Equivalents | $545.49M | $375.84M |
| Other Current Assets | $9.44M | $6.32M |
| Total Current Assets | $629.46M | $483.90M |
| Goodwill | $127.37M | $126.89M |
| Intangible Assets | $118.61M | $123.05M |
| Other Non-current Assets | $43.17M | $8.51M |
| Total Assets | $1.89B | $1.88B |
| Accounts Payable | $11.52M | $9.57M |
| Accrued Liabilities | $36.44M | $42.15M |
| Deferred Revenue | $155.00M | $169.01M |
| Other Current Liabilities | $4.23M | $2.21M |
| Total Current Liabilities | $1.90B | $2.10B |
| Long-term Debt | $1.67B | - |
| Other Non-current Liabilities | $19.31M | $19.17M |
| Total Liabilities | $1.92B | $2.26B |
| Common Stock | - | $260.26M |
| Retained Earnings | $-437.09M | $-633.41M |
| Total Stockholders Equity | $-49.08M | $-409.16M |
| Total Liabilities & Equity | $1.89B | $1.88B |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
|---|---|---|
| Net Income | $178.57M | $-55.73M |
| Depreciation & Amortization | $6.53M | $6.53M |
| Stock-based Compensation | $1.86M | $3.67M |
| Deferred Income Tax | $51.36M | $-66.78M |
| Change in Receivables | $-1.65M | $11.96M |
| Operating Cash Flow | $-552.00K | $-28.90M |
| Investing Cash Flow | $69.00K | $-3.55M |
| Financing Cash Flow | $170.01M | $-2.25M |
| Net Change in Cash | $169.65M | $-33.66M |
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 | $61.73M | $64.16M | $247.39M | $236.17M |
| Operating Expenses | $78.52M | $78.66M | $284.12M | $270.96M |
| Operating Income | $-16.79M | $-14.50M | $-36.72M | $-34.78M |
| Interest Expense | $7.39M | $7.43M | $22.15M | $21.78M |
| Other Income/Expense | $-618.00K | $1.50M | $-1.41M | $3.52M |
| Income Before Tax | $-71.33M | $19.44M | $-331.26M | $72.23M |
| Income Tax Expense | $-15.60M | $4.16M | $-65.72M | $15.61M |
| Net Income | $-55.73M | $15.28M | $-265.53M | $56.66M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $375.84M | $402.64M |
| Other Current Assets | $6.32M | $6.99M |
| Total Current Assets | $483.90M | $472.38M |
| Goodwill | $126.89M | $125.50M |
| Intangible Assets | $123.05M | $141.78M |
| Other Non-current Assets | $8.51M | $7.49M |
| Total Assets | $1.88B | $1.59B |
| Accounts Payable | $9.57M | $16.28M |
| Accrued Liabilities | $42.15M | $34.61M |
| Deferred Revenue | $169.01M | $126.75M |
| Other Current Liabilities | $2.21M | $1.07M |
| Total Current Liabilities | $2.10B | $187.50M |
| Long-term Debt | - | $1.56B |
| Other Non-current Liabilities | $19.17M | $18.25M |
| Total Liabilities | $2.26B | $1.76B |
| Common Stock | $260.26M | $256.87M |
| Retained Earnings | $-633.41M | $-369.97M |
| Total Stockholders Equity | $-409.16M | $-199.24M |
| Total Liabilities & Equity | $1.88B | $1.59B |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-55.73M | $15.28M | $-265.53M | $56.66M |
| Depreciation & Amortization | $6.53M | $6.97M | $19.59M | $20.93M |
| Stock-based Compensation | - | - | $3.67M | $10.15M |
| Deferred Income Tax | - | - | $-66.78M | $15.04M |
| Change in Receivables | - | - | $11.96M | $6.06M |
| Operating Cash Flow | - | - | $-28.90M | $-35.16M |
| Acquisitions | - | - | - | $205.21M |
| Investing Cash Flow | - | - | $-3.55M | $-97.47M |
| Financing Cash Flow | - | - | $-2.25M | $287.91M |
| Net Change in Cash | - | - | $-33.66M | $155.64M |
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.