Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | 33,143,000 | 32,472,000 | 34,757,000 | 43,827,000 | 41,505,000 | 39,783,000 | 33,121,000 | 40,563,000 | 33,988,000 | 38,459,000 | 42,154,000 | 40,357,000 | 40,651,000 | 37,613,000 | 36,390,000 | ||||
yoy | -20.15% | -18.38% | 4.94% | 8.05% | 22.12% | 3.44% | -21.43% | 0.51% | -16.39% | 2.25% | 15.84% | ||||||||
qoq | 2.07% | -6.57% | -20.70% | 5.59% | 4.33% | 20.11% | -18.35% | 19.35% | -11.63% | -8.77% | 4.45% | -0.72% | 8.08% | 3.36% | |||||
cost of revenues | 25,714,000 | 24,359,000 | 27,369,000 | 27,422,000 | 30,739,000 | 28,720,000 | 26,135,000 | 27,547,000 | 25,579,000 | 29,496,000 | 31,941,000 | 28,572,000 | 28,900,000 | 28,023,000 | 26,523,000 | ||||
gross margin | 7,429,000 | 8,113,000 | 7,388,000 | 16,405,000 | 10,766,000 | 11,063,000 | 6,986,000 | 13,016,000 | 8,409,000 | 8,963,000 | 10,213,000 | 11,785,000 | 11,751,000 | 9,590,000 | 9,867,000 | ||||
yoy | -31.00% | -26.67% | 5.75% | 26.04% | 28.03% | 23.43% | -31.60% | 10.45% | -28.44% | -6.54% | 3.51% | ||||||||
qoq | -8.43% | 9.81% | -54.96% | 52.38% | -2.68% | 58.36% | -46.33% | 54.79% | -6.18% | -12.24% | -13.34% | 0.29% | 22.53% | -2.81% | |||||
gross margin % | 22.41% | 24.98% | 21.26% | 37.43% | 25.94% | 27.81% | 21.09% | 32.09% | 24.74% | 23.31% | 24.23% | 29.20% | 28.91% | 25.50% | 27.11% | ||||
operating expenses: | |||||||||||||||||||
selling, general and administrative | 25,255,000 | 21,487,000 | 22,732,000 | 22,243,000 | 17,485,000 | 23,364,000 | 16,948,000 | 18,232,000 | 15,533,000 | 16,930,000 | 20,362,000 | 15,570,000 | 20,233,000 | 26,952,000 | 22,020,000 | ||||
research and development | 3,375,000 | 4,393,000 | 4,166,000 | 2,334,000 | 3,820,000 | 3,565,000 | 1,144,000 | 2,031,000 | -349,000 | 2,225,000 | 1,128,000 | 1,199,000 | 1,785,000 | 2,535,000 | 2,874,000 | ||||
restructuring charges | 660,000 | 1,899,000 | 1,698,000 | -30,000 | 457,000 | 860,000 | 42,000 | 25,000 | 755,000 | 2,641,000 | 1,562,000 | ||||||||
transaction expenses | 347,000 | 1,103,000 | 1,284,000 | 1,437,000 | 454,000 | 566,000 | 186,000 | 1,399,000 | |||||||||||
goodwill impairment | 70,636,000 | 85,000,000 | 18,292,000 | 35,252,000 | |||||||||||||||
operating income | -21,861,000 | -90,302,000 | -21,208,000 | -8,142,000 | -10,539,000 | -16,670,000 | -98,069,000 | -8,573,000 | -8,212,000 | -10,217,000 | -12,032,000 | -26,371,000 | -12,395,000 | -55,335,000 | -16,426,000 | ||||
yoy | 107.43% | 441.70% | -78.37% | -5.03% | 28.34% | 63.16% | 715.07% | -67.49% | -33.75% | -81.54% | -26.75% | ||||||||
qoq | -75.79% | 325.79% | 160.48% | -22.74% | -36.78% | -83.00% | 1043.93% | 4.40% | -19.62% | -15.08% | -54.37% | 112.76% | -77.60% | 236.87% | |||||
operating margin % | -65.96% | -278.09% | -61.02% | -18.58% | -25.39% | -41.90% | -296.09% | -21.14% | -24.16% | -26.57% | -28.54% | -65.34% | -30.49% | -147.12% | -45.14% | ||||
interest expense | 4,604,000 | 4,419,000 | 5,116,000 | 15,000,000 | 3,541,000 | 3,551,000 | 3,555,000 | 3,544,000 | 3,540,000 | 3,560,000 | 3,556,000 | 3,770,000 | 3,557,000 | 3,554,000 | 3,555,000 | ||||
net increase in fair value of derivatives | -26,125,000 | 135,751,000 | 33,336,000 | 92,826,000 | -1,278,000 | -7,882,000 | 23,992,000 | 3,121,000 | 10,567,000 | ||||||||||
loss on extinguishment of debt | 2,577,000 | ||||||||||||||||||
other income | -2,878,000 | -1,867,000 | -276,000 | -475,000 | -647,000 | -617,000 | -455,000 | -306,000 | -87,000 | 7,000 | 8,000 | -26,000 | 30,000 | 32,989 | -207,845 | -22,117 | |||
income before taxes | 2,538,000 | -228,605,000 | -61,961,000 | -146,765,000 | -12,155,000 | -11,722,000 | -125,161,000 | -21,206,000 | 3,994,000 | -16,898,000 | -26,155,000 | -30,121,000 | -15,858,000 | -58,664,000 | -18,748,000 | ||||
income tax expense | 17,000 | 14,000 | 59,000 | ||||||||||||||||
net income | 2,521,000 | -228,619,000 | -61,986,000 | -146,487,000 | -12,176,000 | -11,737,000 | -125,147,000 | -21,256,000 | 3,999,000 | -16,895,000 | -26,214,000 | -29,895,000 | -16,110,000 | -56,844,000 | -18,825,000 | ||||
yoy | -120.70% | 1847.85% | -50.47% | 589.16% | -404.48% | -30.53% | 377.41% | -28.90% | -124.82% | -70.28% | 39.25% | ||||||||
qoq | -101.10% | 268.82% | -57.68% | 1103.08% | 3.74% | -90.62% | 488.76% | -631.53% | -123.67% | -35.55% | -12.31% | 85.57% | -71.66% | 201.96% | |||||
net income margin % | 7.61% | -704.05% | -178.34% | -334.24% | -29.34% | -29.50% | -377.85% | -52.40% | 11.77% | -43.93% | -62.19% | -74.08% | -39.63% | -151.13% | -51.73% | ||||
basic net income per share | 0.01 | -0.71 | -0.25 | -0.62 | -0.05 | -0.05 | -0.67 | -0.13 | 0.03 | -0.12 | -0.19 | -0.23 | -0.13 | -0.45 | -0.14 | ||||
diluted net income per share | -0.03 | -0.71 | -0.25 | -0.62 | -0.05 | -0.05 | -0.67 | -0.13 | 0.03 | -0.12 | -0.19 | -0.23 | -0.13 | -0.45 | -0.14 | ||||
weighted-average shares outstanding: | |||||||||||||||||||
basic | 396,589,354 | 320,591,204 | 252,341,401 | 233,604,500 | 249,951,542 | 246,303,139 | 187,279,204 | 149,234,917 | 155,830,775 | 145,469,043 | 138,548,599 | 127,698,478 | 126,270,282 | 126,223,903 | 131,882,556 | 107,009,834 | |||
diluted | 448,158,249 | 320,591,204 | 252,341,401 | 233,604,500 | 249,951,542 | 246,303,139 | 187,279,204 | 149,234,917 | 157,894,001 | 145,469,043 | 138,548,599 | 127,698,478 | 126,270,282 | 126,223,903 | 131,882,556 | 107,009,834 | |||
other comprehensive income | |||||||||||||||||||
foreign currency translation | -45 | -282 | 12 | 129 | -8 | ||||||||||||||
total other comprehensive loss | -45 | -282 | -2 | -8 | |||||||||||||||
total comprehensive income | 2,476 | -37,267 | -12,184 | ||||||||||||||||
other comprehensive loss | |||||||||||||||||||
total comprehensive loss | -228,901 | -61,974 | |||||||||||||||||
income tax benefit | 25,000 | -278,000 | 21,000 | 15,000 | -372,750 | 252,000 | -1,820,000 | 77,000 | |||||||||||
total other comprehensive income | 12 | ||||||||||||||||||
income tax (benefit) expense | -14,000 | 12,750 | -5,000 | -3,000 | |||||||||||||||
net decrease in fair value of derivatives | -492,750 | -15,659,000 | -391,000 | -102,000 | -199,000 | -1,263,000 | |||||||||||||
general and administrative expenses | 1,964,218 | 1,537,939 | 595,106 | ||||||||||||||||
income from operations | -1,964,218 | -1,537,939 | -595,106 | ||||||||||||||||
interest income on cash and marketable securities held in trust account | 9,045 | 6,194 | 4,921 | ||||||||||||||||
income before benefit from income taxes | -1,922,184 | -1,739,590 | -612,302 | ||||||||||||||||
benefit from income taxes | 2,699 | 1,849 | 1,468 | ||||||||||||||||
net income and comprehensive loss | -1,924,883 | -1,741,439 | -613,770 | ||||||||||||||||
net income attributable to common stock subject to possible redemption | 6,346 | ||||||||||||||||||
basic and diluted weighted-average shares outstanding, common stock subject to possible redemption | 35,880,000 | ||||||||||||||||||
basic and diluted net income per share, common stock subject to possible redemption | 0 | ||||||||||||||||||
net income attributable to non-redeemable common stock | -1,931,229 | ||||||||||||||||||
weighted-average non-redeemable common shares outstanding, basic and diluted | 10,051,600 | ||||||||||||||||||
net income per share | -0.19 | -0.15 | -0.06 | ||||||||||||||||
net income attributable to common stockholders | -1,744,671 | ||||||||||||||||||
weighted-average common shares outstanding, basic and diluted | 11,662,811 | 10,375,485 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
