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$251.66M
Revenue
$32.18M
Net Income
-
Gross Margin
-
Op. Margin
$55.21M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 15 annual reports available (2011 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
+ Total Revenue $251.66M $251.66M $170.46M $86.78M $79.00M $69.75M $58.24M $55.86M $57.42M $60.93M $63.07M
Revenue Growth % 0.0% 47.6% 96.4% 9.8% 13.3% 19.8% 4.3% -2.7% -5.8% -3.4% nan%
+ Gross Profit - $99.48M $67.07M - - - - - - - -
Gross Margin % nan% 39.5% 39.3% nan% nan% nan% nan% nan% nan% nan% nan%
Operating Expenses $210.24M $210.24M $145.98M $86.64M $89.48M $71.41M $57.20M $56.39M $55.86M $66.03M $67.80M
Selling General & Admin $59.61M $59.61M $42.74M $30.98M $37.94M $27.91M $18.66M $19.01M $15.85M $20.20M $19.54M
+ Operating Income - $39.87M $24.34M - - - - - - $-5.10M $-4.72M
Operating Margin % nan% 15.8% 14.3% nan% nan% nan% nan% nan% nan% -8.4% -7.5%
Interest Expense - $229.00K $287.00K $400.00K $19.00K $28.00K $141.00K $130.00K - - -
Income Before Tax $41.42M $41.42M $24.48M $139.00K $-10.48M $-963.00K $1.04M $-528.00K $1.56M $-5.07M $-4.79M
Income Tax Expense $9.24M $9.24M $-4.19M $1.03M $1.52M $842.00K $401.00K $1.09M $1.81M $285.00K $1.13M
+ Net Income $32.18M $32.18M $28.66M $-908.00K $-11.94M $-1.67M $617.00K $-1.60M $-253.00K $-5.05M $-5.52M
Net Margin % 12.8% 12.8% 16.8% -1.0% -15.1% -2.4% 1.1% -2.9% -0.4% -8.3% -8.8%
Basic EPS 1.01 1.01 0.98 -0.03 -0.44 -0.06 0.03 -0.08 nan nan nan
Diluted EPS 0.91 0.92 0.89 -0.03 -0.44 -0.06 0.02 -0.08 nan nan nan
Basic Shares Outstanding - 31.8M 29.2M 28K 27.3M 26.6M 24.6M 25.8M - - -
Diluted Shares Outstanding - 35.0M 32.2M 28K 27.3M 26.6M 25.6M 25.8M - - -
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Cash & Cash Equivalents $82.23M $46.90M $13.81M $9.79M $18.90M $17.57M $10.87M $10.87M $11.41M $14.17M
Accounts Receivable $46.51M $28.01M $14.29M $9.53M $11.38M $10.05M $9.72M $10.63M $10.29M $9.95M
Other Current Assets $6.65M $6.09M $3.97M $3.86M $3.68M $4.24M $3.42M $4.67M $3.63M $3.12M
Total Current Assets $135.39M $81.00M $32.08M $23.68M $33.96M $31.86M $24.02M $26.16M $25.33M $27.25M
Property Plant & Equipment $7.97M $4.10M $2.28M $2.51M $2.95M $7.23M $7.12M $6.81M $7.19M $5.40M
Goodwill $2.08M $2.00M $2.08M $2.04M $2.14M $2.15M $2.11M $2.05M $2.83M $2.73M
Intangible Assets $13.98M $13.35M $13.76M $12.53M $10.35M $4.66M $5.48M $6.28M - -
Other Non-current Assets $1.65M $1.27M $2.44M $1.50M $2.25M $2.56M $2.11M $2.44M $3.16M $2.38M
Total Assets $168.59M $113.45M $59.43M $48.04M $59.22M $57.25M $49.75M $44.94M $47.87M $47.59M
Accounts Payable $9.62M $4.55M $2.66M $2.63M $1.82M $1.44M $1.42M $1.83M $1.26M $1.02M
Accrued Liabilities $9.61M $4.89M $6.58M $7.25M $7.56M $3.49M $3.34M $2.80M $5.57M $4.33M
Deferred Revenue $7.49M $8.01M $3.52M $4.37M - - - - - -
Total Current Liabilities $50.53M $39.51M $22.93M $20.82M $21.30M $18.35M $15.23M $13.89M $15.60M $12.84M
Long-term Debt - - - $5.08M $6.22M $6.28M $4.53M $4.06M $4.48M $3.92M
Deferred Tax Liabilities $146.00K $32.00K $22.00K $65.00K $15.00K $44.00K $363.00K $571.00K - -
Total Liabilities $61.53M $50.06M $34.44M $30.00M $32.81M $31.00M $27.38M - - -
Common Stock $355.00K $345.00K $320.00K $306.00K $303.00K $289.00K $275.00K $275.00K $275.00K $273.00K
Retained Earnings $51.16M $18.98M $-9.68M $-8.78M $3.16M $4.83M $4.99M $6.59M $7.34M $12.40M
Treasury Stock $6.46M $6.46M $6.46M $6.46M $6.46M $6.46M $6.46M $4.62M $4.62M $4.62M
Total Stockholders Equity $107.14M $63.47M $25.70M $18.77M $29.93M $29.64M $26.31M $29.81M $30.62M $33.78M
Total Liabilities & Equity $168.59M $113.45M $59.43M $48.04M $59.22M $57.25M $49.75M $44.94M $47.87M $47.59M
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Net Income $39.97M $32.18M $28.66M $-908.00K $-11.94M $-1.67M $617.00K $-1.60M $-253.00K $-5.05M $-5.52M
Depreciation & Amortization $11.62M $6.89M $5.80M $4.72M $3.89M $2.87M $2.27M $2.92M $3.37M $3.67M $3.19M
Stock-based Compensation $19.63M $11.14M $4.00M $4.03M $3.28M $1.75M $913.00K $836.00K $796.00K $695.00K $1.16M
Deferred Income Tax - $4.10M $-5.61M - - - - - - - -
Change in Receivables $25.42M $18.35M $14.41M $5.12M $-1.30M $1.87M $481.00K $-1.22M $533.00K $40.00K $-17.00K
Operating Cash Flow $72.72M $46.75M $34.86M $5.90M $-1.22M $5.15M $5.66M $4.85M $3.57M $738.00K $-2.73M
Capital Expenditure $17.51M $11.10M $7.74M $5.56M $6.53M $4.37M $1.41M $1.77M $2.03M $3.41M $2.74M
Acquisitions - - - - - - - - - - $4.23M
Investing Cash Flow $-17.51M $-11.10M $-7.74M $-5.07M $-7.03M $-4.37M $-1.38M $-1.77M $-2.03M $-3.41M $-6.97M
Debt Repayment $752.00K $420.00K $362.00K $452.00K $639.00K $691.00K $864.00K $1.04M $2.02M $1.08M $703.00K
Stock Repurchased - - - - - - - $1.84M - - $134.00K
Financing Cash Flow $1.67M $-426.00K $6.21M $2.87M $-307.00K $773.00K $2.31M $-2.87M $-2.03M $-284.00K $-837.00K
Net Change in Cash $57.89M $35.33M $33.08M $4.01M $-9.11M $1.33M $6.70M $5.00K $-538.00K $-2.77M $-10.74M
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 $62.55M - $179.29M -
Operating Expenses $50.37M - $149.22M -
Selling General & Admin $13.74M - $42.84M -
Interest Expense - - $133.00K -
Income Before Tax $12.18M - $30.07M -
Income Tax Expense $3.84M - $6.72M -
Net Income $8.34M $-14.00K $23.35M -
Basic EPS 0.26 - 0.74 -
Diluted EPS 0.24 - 0.67 -
Basic Shares Outstanding $31.85M - $31.69M -
Diluted Shares Outstanding $35.27M - $35.00M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $73.86M $46.90M
Accounts Receivable $39.44M $28.01M
Other Current Assets $6.48M $6.09M
Total Current Assets $119.78M $81.00M
Property Plant & Equipment $7.14M $4.10M
Goodwill $2.07M $2.00M
Intangible Assets $13.88M $13.35M
Other Non-current Assets $1.52M $1.27M
Total Assets $152.92M $113.45M
Accounts Payable $4.39M $4.55M
Accrued Liabilities $12.30M $4.89M
Deferred Revenue $7.03M $8.01M
Total Current Liabilities $44.52M $39.51M
Deferred Tax Liabilities $40.00K $32.00K
Total Liabilities $55.68M $50.06M
Common Stock $351.00K $345.00K
Retained Earnings $42.33M $18.98M
Treasury Stock $6.46M $6.46M
Total Stockholders Equity $97.32M $63.47M
Total Liabilities & Equity $152.92M $113.45M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $8.34M $-14.00K $23.35M -
Depreciation & Amortization - - $4.91M -
Stock-based Compensation - - $8.31M -
Change in Receivables - - $11.17M -
Operating Cash Flow - - $33.87M -
Capital Expenditure - - $8.29M -
Investing Cash Flow - - $-8.29M -
Debt Repayment - - $369.00K -
Financing Cash Flow - - $1.14M -
Net Change in Cash - - $26.96M -

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.

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