$1.41B
Revenue
$-131.96M
Net Income
59.01%
Gross Margin
-3.30%
Op. Margin
$-31.77M
Free Cash Flow
| Breakdown | TTM (Jan 03, 2026) |
FY 2025 (Jan 03, 2026) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $1.41B | $1.41B | $1.68B | $1.89B | $2.11B | $2.18B |
| Revenue Growth % | 0.0% | -16.1% | -10.9% | -10.7% | -3.2% | nan% |
| Cost of Revenue | $578.50M | $578.50M | $679.52M | $798.95M | $912.00M | $866.10M |
| Gross Profit | $832.95M | $832.95M | $1.00B | $1.09B | $1.20B | $1.32B |
| Gross Margin % | 59.0% | 59.0% | 59.6% | 57.7% | 56.9% | 60.4% |
| Operating Expenses | $879.54M | $879.54M | $979.90M | $1.07B | $1.13B | $1.13B |
| Research & Development | $33.94M | $33.94M | $45.26M | $55.80M | $61.52M | $58.54M |
| Operating Income | $-46.59M | $-46.59M | $22.87M | $22.94M | $67.88M | $193.54M |
| Operating Margin % | -3.3% | -3.3% | 1.4% | 1.2% | 3.2% | 8.9% |
| Interest Expense | $50.57M | $50.57M | $45.09M | $40.57M | $16.92M | $5.44M |
| Income Before Tax | $-95.97M | $-95.97M | $-25.50M | $-19.75M | $48.90M | $187.29M |
| Income Tax Expense | $35.98M | $35.98M | $-5.16M | $-4.47M | $12.29M | $33.55M |
| Net Income | $-131.96M | $-131.96M | $-20.33M | $-15.29M | $36.61M | $153.75M |
| Net Margin % | -9.3% | -9.3% | -1.2% | -0.8% | 1.7% | 7.0% |
| Basic EPS | nan | -5.77 | -0.90 | -0.68 | 1.63 | 6.40 |
| Diluted EPS | nan | -5.77 | -0.90 | -0.68 | 1.60 | 6.16 |
| Basic Shares Outstanding | 25K | 22.9M | 22.6M | 22.4M | 22.4M | 24.0M |
| Diluted Shares Outstanding | 25K | 22.9M | 22.6M | 22.4M | 22.9M | 24.9M |
| Breakdown | FY 2025 (Jan 03, 2026) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.69M | $1.95M | $2.54M | $1.79M | $2.39M |
| Accounts Receivable | $15.50M | $17.52M | $26.86M | $26.00M | $25.72M |
| Inventory | $82.23M | $103.15M | $115.43M | $114.03M | $105.64M |
| Other Current Assets | $36.87M | $44.10M | $44.64M | $39.92M | $54.92M |
| Total Current Assets | $149.96M | $181.28M | $206.13M | $197.76M | $207.62M |
| Property Plant & Equipment | $86.53M | $129.57M | $179.50M | $200.60M | $195.13M |
| Goodwill | $64.00M | - | - | - | - |
| Intangible Assets | $743.00K | - | - | - | - |
| Other Non-current Assets | $65.27M | $93.32M | $82.95M | $81.80M | $75.19M |
| Total Assets | $680.06M | $860.81M | $950.88M | $953.94M | $919.54M |
| Accounts Payable | $117.98M | $107.62M | $135.90M | $176.21M | $162.55M |
| Short-term Debt | $588.20M | - | - | - | - |
| Other Current Liabilities | $46.43M | $55.80M | $61.96M | $60.78M | $64.18M |
| Total Current Liabilities | $912.55M | $908.01M | $936.07M | $929.81M | $906.78M |
| Deferred Tax Liabilities | - | - | - | - | $688.00K |
| Other Non-current Liabilities | $72.88M | $97.18M | $105.34M | $105.42M | $100.83M |
| Total Liabilities | $1.26B | $1.31B | $1.39B | $1.39B | $1.34B |
| Common Stock | $229.00K | $224.00K | $222.00K | $220.00K | $227.00K |
| Retained Earnings | $-611.16M | $-479.20M | $-458.87M | $-443.58M | $-429.15M |
| Total Stockholders Equity | $-578.48M | $-451.59M | $-441.93M | $-438.18M | $-424.95M |
| Total Liabilities & Equity | $680.06M | $860.81M | $950.88M | $953.94M | $919.54M |
| Breakdown | TTM (Jan 03, 2026) |
FY 2025 (Jan 03, 2026) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $-140.60M | $-131.96M | $-20.33M | $-15.29M | $36.61M | $153.75M |
| Depreciation & Amortization | $99.54M | $55.61M | $66.35M | $74.04M | $67.40M | $60.39M |
| Stock-based Compensation | $15.73M | $6.28M | $11.44M | $14.86M | $13.22M | $23.21M |
| Deferred Income Tax | $33.63M | $33.18M | $-13.32M | $-12.29M | $-8.65M | $446.00K |
| Change in Receivables | $-6.80M | $-2.01M | $-9.34M | $854.00K | $287.00K | $-6.15M |
| Change in Inventory | $-14.33M | $-11.35M | $-12.28M | $1.40M | $11.56M | $24.28M |
| Change in Payables | $39.81M | $22.67M | $-15.91M | $-28.93M | $-4.74M | $54.41M |
| Operating Cash Flow | $-4.71M | $-3.28M | $27.14M | $-9.03M | $36.14M | $300.01M |
| Capital Expenditure | $27.06M | $14.41M | $23.50M | $57.06M | $69.45M | $66.90M |
| Investing Cash Flow | $-33.62M | $-17.69M | $-26.29M | $-58.35M | $-70.61M | $-66.64M |
| Stock Issued | - | - | - | $428.00K | $1.13M | $4.44M |
| Stock Repurchased | $2.72M | $1.21M | $768.00K | $3.75M | $64.19M | $382.38M |
| Financing Cash Flow | $37.21M | $20.71M | $-1.44M | $68.13M | $33.87M | $-235.22M |
| Net Change in Cash | $-1.12M | $-257.00K | $-589.00K | $747.00K | $-597.00K | $-1.85M |
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 | $342.88M | - | $1.06B | - |
| Cost of Revenue | $137.49M | - | $424.40M | - |
| Gross Profit | $205.39M | - | $639.67M | - |
| Operating Expenses | $245.70M | - | $678.21M | - |
| Research & Development | $7.33M | - | $27.65M | - |
| Operating Income | $-40.31M | - | $-38.54M | - |
| Interest Expense | $12.69M | - | $35.50M | - |
| Income Before Tax | $-53.00M | - | $-74.04M | - |
| Income Tax Expense | $-13.21M | - | $-594.00K | - |
| Net Income | $-39.79M | $-5.05M | $-73.45M | - |
| Basic EPS | -1.73 | - | -3.21 | - |
| Diluted EPS | -1.73 | - | -3.21 | - |
| Basic Shares Outstanding | $22.96M | - | $22.86M | - |
| Diluted Shares Outstanding | $22.96M | - | $22.86M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $1.26M | $1.95M |
| Accounts Receivable | $13.90M | $17.52M |
| Inventory | $89.83M | $103.15M |
| Other Current Assets | $38.55M | $44.10M |
| Total Current Assets | $169.80M | $181.28M |
| Property Plant & Equipment | $95.13M | $129.57M |
| Other Non-current Assets | $76.33M | $93.32M |
| Total Assets | $749.39M | $860.81M |
| Accounts Payable | $106.97M | $107.62M |
| Other Current Liabilities | $49.57M | $55.80M |
| Total Current Liabilities | $898.81M | $908.01M |
| Other Non-current Liabilities | $92.89M | $97.18M |
| Total Liabilities | $1.27B | $1.31B |
| Common Stock | $228.00K | $224.00K |
| Retained Earnings | $-552.65M | $-479.20M |
| Total Stockholders Equity | $-521.34M | $-451.59M |
| Total Liabilities & Equity | $749.39M | $860.81M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-39.79M | $-5.05M | $-73.45M | - |
| Depreciation & Amortization | - | - | $42.63M | - |
| Stock-based Compensation | - | - | $4.71M | - |
| Deferred Income Tax | - | - | $8.64M | - |
| Change in Receivables | - | - | $-3.61M | - |
| Change in Inventory | - | - | $-13.32M | - |
| Change in Payables | - | - | $10.16M | - |
| Operating Cash Flow | - | - | $-5.16M | - |
| Capital Expenditure | - | - | $11.89M | - |
| Investing Cash Flow | - | - | $-15.17M | - |
| Stock Repurchased | - | - | $1.02M | - |
| Financing Cash Flow | - | - | $19.64M | - |
| Net Change in Cash | - | - | $-686.00K | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.