$1.41B
Revenue
$-131.96M
Net Income
59.01%
Gross Margin
-3.30%
Op. Margin
$-31.77M
Free Cash Flow
| Breakdown | Q4 2025 (Jan 03, 2026) |
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 | $347.38M | $342.88M | $327.93M | $393.26M | $376.82M | $426.62M | $408.41M |
| Revenue Growth % (YoY) | -7.8% | -19.6% | -19.7% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $154.10M | $137.49M | $134.18M | $152.73M | $151.24M | $167.09M | $166.92M |
| Gross Profit | $193.28M | $205.39M | $193.75M | $240.53M | $225.58M | $259.53M | $241.49M |
| Gross Margin % | 55.6% | 59.9% | 59.1% | 61.2% | 59.9% | 60.8% | 59.1% |
| Operating Expenses | $201.33M | $245.70M | $193.82M | $238.69M | $222.80M | $251.10M | $235.37M |
| Research & Development | $6.29M | $7.33M | $9.42M | $10.90M | $10.65M | $10.58M | $11.58M |
| Operating Income | $-8.05M | $-40.31M | $-75.00K | $1.85M | $2.78M | $8.43M | $6.12M |
| Operating Margin % | -2.3% | -11.8% | -0.0% | 0.5% | 0.7% | 2.0% | 1.5% |
| Interest Expense | $15.07M | $12.69M | $11.73M | $11.08M | $8.47M | $12.06M | $12.27M |
| Income Before Tax | $-21.93M | $-53.00M | $-11.81M | $-9.23M | $-8.96M | $-3.62M | $-6.15M |
| Income Tax Expense | $36.58M | $-13.21M | $13.20M | $-585.00K | $-4.30M | $-489.00K | $-1.10M |
| Net Income | $-58.51M | $-39.79M | $-25.01M | $-8.65M | $-4.67M | $-3.14M | $-5.05M |
| Net Margin % | -16.8% | -11.6% | -7.6% | -2.2% | -1.2% | -0.7% | -1.2% |
| Basic EPS | nan | -1.73 | -1.09 | -0.38 | -0.21 | -0.14 | -0.22 |
| Diluted EPS | nan | -1.73 | -1.09 | -0.38 | -0.21 | -0.14 | -0.22 |
| Basic Shares Outstanding | 25K | 23.0M | 22.9M | 22.7M | 18K | 22.6M | 22.6M |
| Diluted Shares Outstanding | 25K | 23.0M | 22.9M | 22.7M | 18K | 22.6M | 22.6M |
| Breakdown | Q4 2025 (Jan 03, 2026) |
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 | $1.69M | $1.26M | $1.35M | $1.69M | $1.95M | $1.59M | $2.02M |
| Accounts Receivable | $15.50M | $13.90M | $16.02M | $14.22M | $17.52M | $17.03M | $20.27M |
| Inventory | $82.23M | $89.83M | $99.45M | $103.88M | $103.15M | $93.04M | $95.84M |
| Other Current Assets | $36.87M | $38.55M | $37.88M | $38.00M | $44.10M | $40.78M | $37.92M |
| Total Current Assets | $149.96M | $169.80M | $175.53M | $175.37M | $181.28M | $170.27M | $177.38M |
| Property Plant & Equipment | $86.53M | $95.13M | $109.11M | $119.78M | $129.57M | $140.41M | $153.68M |
| Goodwill | $64.00M | - | - | - | - | - | - |
| Intangible Assets | $743.00K | - | - | - | - | - | - |
| Other Non-current Assets | $65.27M | $76.33M | $82.63M | $94.91M | $93.32M | $93.11M | $87.15M |
| Total Assets | $680.06M | $749.39M | $804.51M | $836.79M | $860.81M | $864.65M | $883.64M |
| Accounts Payable | $117.98M | $106.97M | $111.21M | $114.31M | $107.62M | $127.99M | $106.04M |
| Short-term Debt | $588.20M | - | - | - | - | - | - |
| Other Current Liabilities | $46.43M | $49.57M | $50.33M | $53.82M | $55.80M | $57.27M | $56.50M |
| Total Current Liabilities | $912.55M | $898.81M | $903.22M | $904.38M | $908.01M | $894.04M | $900.57M |
| Other Non-current Liabilities | $72.88M | $92.89M | $94.39M | $94.96M | $97.18M | $100.73M | $102.23M |
| Total Liabilities | $1.26B | $1.27B | $1.29B | $1.29B | $1.31B | $1.31B | $1.33B |
| Common Stock | $229.00K | $228.00K | $228.00K | $227.00K | $224.00K | $224.00K | $224.00K |
| Retained Earnings | $-611.16M | $-552.65M | $-512.86M | $-487.85M | $-479.20M | $-474.54M | $-471.40M |
| Total Stockholders Equity | $-578.48M | $-521.34M | $-480.69M | $-456.84M | $-451.59M | $-448.78M | $-446.96M |
| Total Liabilities & Equity | $680.06M | $749.39M | $804.51M | $836.79M | $860.81M | $864.65M | $883.64M |
| Breakdown | Q4 2025 (Jan 03, 2026) |
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 | $-58.51M | $-39.79M | $-33.66M | $-8.65M | $-4.67M | $-3.14M | $-5.05M |
| Depreciation & Amortization | $12.98M | $42.63M | $29.10M | $14.84M | $15.97M | $50.38M | $34.18M |
| Stock-based Compensation | $1.57M | $4.71M | $5.50M | $3.95M | $1.90M | $9.54M | $8.11M |
| Deferred Income Tax | $24.53M | $8.64M | $1.77M | $-1.32M | $-6.31M | $-7.01M | $-5.14M |
| Change in Receivables | $1.60M | $-3.61M | $-1.50M | $-3.29M | $490.00K | $-9.83M | $-6.59M |
| Change in Inventory | $1.97M | $-13.32M | $-3.70M | $724.00K | $10.11M | $-22.39M | $-19.59M |
| Change in Payables | $12.52M | $10.16M | $8.35M | $8.78M | $-20.89M | $4.98M | $-18.46M |
| Operating Cash Flow | $1.88M | $-5.16M | $1.20M | $-2.63M | $-23.68M | $50.82M | $23.52M |
| Capital Expenditure | $2.52M | $11.89M | $8.05M | $4.60M | $6.29M | $17.22M | $14.07M |
| Investing Cash Flow | $-2.52M | $-15.17M | $-11.33M | $-4.60M | $-6.29M | $-20.00M | $-17.02M |
| Stock Issued | - | - | - | - | - | - | - |
| Stock Repurchased | $194.00K | $1.02M | $944.00K | $563.00K | $40.00K | $728.00K | $612.00K |
| Financing Cash Flow | $1.07M | $19.64M | $9.54M | $6.97M | $30.33M | $-31.77M | $-7.02M |
| Net Change in Cash | $429.00K | $-686.00K | $-601.00K | $-259.00K | $358.00K | $-947.00K | $-519.00K |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.