Freshpet, Inc(NASDAQ:FRPT) 
Freshpet, Inc. manufactures and markets natural fresh meals and treats for dogs and cats in the United States, Canada, and the United Kingdom. The company sells its products under the Freshpet brand; and Dognation and Dog Joy labels through various classes of retail, including grocery, mass, club, p...
Website: http://www.freshpet.com
Founded: 2006
Full Time Employees: 462
Sector: Consumer Defensive
Industry: Packaged Foods
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At a glance:
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Quarterly
Annual
| Unit: USD | 2025-12-31 | 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 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net sales | 285,229,000 | 288,848,000 | 264,689,000 | 263,249,000 | 262,708,000 | 253,367,000 | 235,253,000 | 223,849,000 | 215,421,000 | 200,621,000 | 183,331,000 | 167,522,000 | 165,833,000 | 151,333,000 | 146,007,000 | 132,171,000 | 115,869,000 | 107,590,000 | 108,616,000 | 93,414,000 | 84,522,224 | 84,189,912 | 79,980,060 | 70,097,805 | 65,751,772 | 65,265,901 | 60,052,179 | 54,792,202 | 51,643,304 | 50,799,601 | 47,624,956 | 43,169,601 | 40,696,512 | 41,199,780 | 39,968,983 | 34,513,935 | 34,061,457 | 34,536,151 | 33,002,209 | 31,453,700 | 30,201,789 | 30,570,506 | 28,359,404 | 27,054,674 | 24,508,205 | 22,519,672 |
yoy | 8.57% | 14.00% | 12.51% | 17.60% | 21.95% | 26.29% | 28.32% | 33.62% | 29.90% | 32.57% | 25.56% | 26.75% | 43.12% | 40.66% | 34.42% | 41.49% | 37.09% | 27.79% | 35.80% | 33.26% | 28.55% | 29.00% | 33.18% | 27.93% | 27.32% | 28.48% | 26.09% | 26.92% | 26.90% | 23.30% | 19.15% | 25.08% | 19.48% | 19.29% | 21.11% | 9.73% | 12.78% | 12.97% | 16.37% | 16.26% | 23.23% | 35.75% | ||||
qoq | -1.25% | 9.13% | 0.55% | 0.21% | 3.69% | 7.70% | 5.09% | 3.91% | 7.38% | 9.43% | 9.44% | 1.02% | 9.58% | 3.65% | 10.47% | 14.07% | 7.69% | -0.94% | 16.27% | 10.52% | 0.39% | 5.26% | 14.10% | 6.61% | 0.74% | 8.68% | 9.60% | 6.10% | 1.66% | 6.67% | 10.32% | 6.08% | -1.22% | 3.08% | 15.81% | 1.33% | -1.37% | 4.65% | 4.92% | 4.15% | -1.21% | 7.80% | 4.82% | 10.39% | 8.83% | |
cost of goods sold | 161,773,000 | 174,656,000 | 156,499,000 | 159,461,000 | 151,109,000 | 151,120,000 | 141,301,000 | 135,691,000 | 140,846,000 | 134,328,000 | 124,087,000 | 116,762,000 | 120,124,000 | 106,788,000 | 94,927,000 | 87,419,000 | 74,654,000 | 66,065,000 | 65,525,000 | 57,099,000 | 53,989,354 | 47,535,488 | 46,046,979 | 38,308,179 | 35,501,633 | 34,560,261 | 32,725,598 | 28,877,221 | 28,274,929 | 27,183,648 | 24,747,064 | 23,041,583 | 21,756,437 | 21,697,051 | 21,799,146 | 18,710,658 | 18,841,142 | 19,185,274 | 18,090,405 | 16,565,813 | 16,512,375 | 16,523,960 | 14,699,240 | 13,801,655 | 12,529,687 | 11,645,685 |
gross profit | 123,456,000 | 114,192,000 | 108,190,000 | 103,788,000 | 111,599,000 | 102,247,000 | 93,952,000 | 88,158,000 | 74,575,000 | 66,293,000 | 59,244,000 | 50,760,000 | 45,709,000 | 44,545,000 | 51,080,000 | 44,753,000 | 41,215,000 | 41,525,000 | 43,091,000 | 36,315,000 | 30,532,870 | 36,654,424 | 33,933,081 | 31,789,626 | 30,250,139 | 30,705,640 | 27,326,581 | 25,914,981 | 23,368,375 | 23,615,953 | 22,877,892 | 20,128,018 | 18,940,075 | 19,502,729 | 18,169,837 | 15,803,277 | 15,220,315 | 15,350,877 | 14,911,804 | 14,887,887 | 13,689,414 | 14,046,546 | 13,660,164 | 13,253,019 | 11,978,518 | 10,873,987 |
yoy | 10.62% | 11.68% | 15.15% | 17.73% | 49.65% | 54.23% | 58.58% | 73.68% | 63.15% | 48.82% | 15.98% | 13.42% | 10.90% | 7.27% | 18.54% | 23.24% | 34.99% | 13.29% | 26.99% | 14.24% | 0.93% | 19.37% | 24.18% | 22.67% | 29.45% | 30.02% | 19.45% | 28.75% | 23.38% | 21.09% | 25.91% | 27.37% | 24.44% | 27.05% | 21.85% | 6.15% | 11.18% | 9.29% | 9.16% | 12.34% | 14.28% | 29.18% | ||||
qoq | 8.11% | 5.55% | 4.24% | -7.00% | 9.15% | 8.83% | 6.57% | 18.21% | 12.49% | 11.90% | 16.71% | 11.05% | 2.61% | -12.79% | 14.14% | 8.58% | -0.75% | -3.63% | 18.66% | 18.94% | -16.70% | 8.02% | 6.74% | 5.09% | -1.48% | 12.37% | 5.45% | 10.90% | -1.05% | 3.23% | 13.66% | 6.27% | -2.89% | 7.34% | 14.98% | 3.83% | -0.85% | 2.94% | 0.16% | 8.75% | -2.54% | 2.83% | 3.07% | 10.64% | 10.16% | |
gross margin % | 43.28% | 39.53% | 40.87% | 39.43% | 42.48% | 40.36% | 39.94% | 39.38% | 34.62% | 33.04% | 32.32% | 30.30% | 27.56% | 29.44% | 34.98% | 33.86% | 35.57% | 38.60% | 39.67% | 38.88% | 36.12% | 43.54% | 42.43% | 45.35% | 46.01% | 47.05% | 45.50% | 47.30% | 45.25% | 46.49% | 48.04% | 46.63% | 46.54% | 47.34% | 45.46% | 45.79% | 44.68% | 44.45% | 45.18% | 47.33% | 45.33% | 45.95% | 48.17% | 48.99% | 48.88% | 48.29% |
selling, general, and administrative expenses | 78,993,000 | 89,291,000 | 90,386,000 | 115,285,000 | 92,223,000 | 90,338,000 | 95,702,000 | 79,695,000 | 59,680,000 | 73,371,000 | 75,996,000 | 72,271,000 | 47,775,000 | 60,449,000 | 69,215,000 | 60,631,000 | 48,854,000 | 42,365,000 | 49,557,000 | 46,033,000 | 33,635,162 | 32,894,793 | 33,702,103 | 34,675,943 | 25,374,591 | 27,171,138 | 32,672,284 | 29,232,250 | 21,477,995 | 23,572,314 | 26,287,523 | 23,537,944 | 17,322,757 | 19,303,705 | 19,996,958 | 18,543,748 | 13,669,324 | 14,542,680 | 17,886,746 | 16,487,082 | 11,225,809 | 15,584,998 | 15,694,304 | 15,791,703 | 11,427,967 | 12,212,406 |
income from operations | 44,463,000 | 24,901,000 | 17,804,000 | -11,497,000 | 19,376,000 | 11,909,000 | -1,750,000 | 8,463,000 | 14,895,000 | -7,078,000 | -16,752,000 | -21,511,000 | -2,066,000 | -15,904,000 | -18,135,000 | -15,878,000 | -4,256,000 | -840,000 | -6,466,000 | -9,718,000 | -3,102,292 | 3,759,631 | 230,978 | -2,886,317 | 4,875,548 | 3,534,502 | -5,345,703 | -3,317,269 | 1,890,380 | 43,639 | -3,409,631 | -3,409,926 | 1,617,318 | 199,024 | -1,827,121 | -2,740,471 | 1,550,991 | 808,197 | -2,974,942 | -1,599,195 | 2,463,605 | -1,538,452 | -2,034,140 | -2,538,684 | 550,551 | -1,338,419 |
yoy | 129.47% | 109.09% | -1117.37% | -235.85% | 30.08% | -268.25% | -89.55% | -139.34% | -820.96% | -55.50% | -7.63% | 35.48% | -51.46% | 1793.33% | 180.47% | 63.39% | 37.19% | -122.34% | -2899.40% | 236.69% | -163.63% | 6.37% | -104.32% | -12.99% | 157.91% | 7999.41% | 56.78% | -2.72% | 16.88% | -78.07% | 86.61% | 24.43% | 4.28% | -75.37% | -38.58% | 71.37% | -37.04% | -152.53% | 46.25% | -37.01% | 347.48% | 14.95% | ||||
qoq | 78.56% | 39.86% | -254.86% | -159.34% | 62.70% | -780.51% | -120.68% | -43.18% | -310.44% | -57.75% | -22.12% | 941.19% | -87.01% | -12.30% | 14.21% | 273.07% | 406.67% | -87.01% | -33.46% | 213.25% | -182.52% | 1527.70% | -108.00% | -159.20% | 37.94% | -166.12% | 61.15% | -275.48% | 4231.86% | -101.28% | -0.01% | -310.84% | 712.62% | -110.89% | -33.33% | -276.69% | 91.91% | -127.17% | 86.03% | -164.91% | -260.14% | -24.37% | -19.87% | -561.12% | -141.13% | |
operating margin % | 15.59% | 8.62% | 6.73% | -4.37% | 7.38% | 4.70% | -0.74% | 3.78% | 6.91% | -3.53% | -9.14% | -12.84% | -1.25% | -10.51% | -12.42% | -12.01% | -3.67% | -0.78% | -5.95% | -10.40% | -3.67% | 4.47% | 0.29% | -4.12% | 7.42% | 5.42% | -8.90% | -6.05% | 3.66% | 0.09% | -7.16% | -7.90% | 3.97% | 0.48% | -4.57% | -7.94% | 4.55% | 2.34% | -9.01% | -5.08% | 8.16% | -5.03% | -7.17% | -9.38% | 2.25% | -5.94% |
other (expenses) income: | ||||||||||||||||||||||||||||||||||||||||||||||
interest and other income | 2,273,000 | 2,356,000 | 2,199,000 | 2,393,000 | 2,710,000 | 2,963,000 | 2,861,000 | 3,335,000 | 3,844,000 | 4,130,000 | 4,108,000 | |||||||||||||||||||||||||||||||||||
interest expense | -3,359,000 | -3,552,000 | -3,749,000 | -3,459,000 | -3,528,000 | -2,923,000 | -2,751,000 | -3,060,000 | -3,449,000 | -4,148,000 | -3,329,000 | -3,171,000 | -1,148,000 | -1,817,000 | -1,672,000 | -571,000 | -650,000 | -677,000 | -654,000 | -901,000 | -212,636 | -215,661 | -79,869 | -703,834 | -301,851 | -310,465 | -275,649 | -102,776 | -34,927 | -94,381 | -97,923 | -69,002 | -79,560 | -465,253 | -189,701 | -175,977 | -208,022 | -214,067 | -159,292 | -116,738 | -192,529 | -113,820 | -110,679 | -37,538 | -1,368,926 | -1,211,895 |
gain on equity investment | 9,918,000 | |||||||||||||||||||||||||||||||||||||||||||||
other (expenses) income: - sum | -1,086,000 | -1,196,000 | -1,550,000 | -1,066,000 | ||||||||||||||||||||||||||||||||||||||||||
income before income taxes | 43,377,000 | 23,705,000 | 16,254,000 | -12,563,000 | 18,558,000 | 11,949,000 | -1,640,000 | 18,656,000 | 15,290,000 | -7,096,000 | -15,972,000 | -23,736,000 | -1,996,000 | -17,465,000 | -19,828,000 | -16,191,000 | -4,815,250 | -1,515,000 | -7,122,000 | -10,624,000 | -3,297,694 | 3,568,633 | 174,695 | -3,568,633 | 4,719,853 | 3,086,413 | -5,642,100 | -3,402,750 | 1,777,418 | -78,134 | -3,481,487 | -3,501,905 | 1,527,827 | -224,794 | -2,631,408 | -2,858,771 | 1,254,155 | 635,731 | -3,228,002 | -1,756,802 | 2,792,778 | -1,660,350 | -2,213,650 | -2,572,074 | -16,428,997 | -9,475,241 |
income tax expense | 9,562,000 | -77,958,000 | -102,000 | 134,000 | 436,000 | 54,000 | 54,000 | 54,000 | 70,000 | 70,000 | 70,000 | 159,000 | 41,000 | 41,000 | 41,000 | 114,000 | 16,000 | 16,000 | 16,000 | 200 | 21,600 | 21,600 | 21,600 | 86,401 | 19,250 | 19,250 | 19,250 | 20,000 | 19,032 | 19,032 | 19,032 | 12,934 | 20,754 | 20,754 | 20,754 | 20,754 | 15,000 | 15,000 | 15,000 | 12,516 | 15,000 | 15,000 | 15,000 | 17,753 | 8,000 | |
income attributable to common stockholders | 33,815,000 | 101,663,000 | 16,356,000 | -12,697,000 | 18,122,000 | 11,895,000 | -1,694,000 | 18,602,000 | -5,108,250 | -2,070,000 | -7,475,000 | -3,297,894 | 3,547,033 | 153,095 | -1,504,046.75 | 3,067,163 | ||||||||||||||||||||||||||||||
other comprehensive income: | ||||||||||||||||||||||||||||||||||||||||||||||
change in foreign currency translation | 756,000 | -86,000 | 240,000 | 211,000 | -603,000 | 604,000 | -79,000 | -118,000 | 368,000 | -296,000 | -2,039,000 | 6,000 | 595,000 | -592,000 | 1,849,000 | -362,000 | -213,000 | 4,000 | -91,000 | 259,000 | -41,881 | 368,492 | -386,566 | 58,955 | 96,381 | -81,667 | -153,321 | 91,047 | -51,781 | -54,325 | -201,187 | 199,554 | ||||||||||||||
total other comprehensive income | 756,000 | -86,000 | 240,000 | 211,000 | -603,000 | 604,000 | -118,000 | 368,000 | -296,000 | -2,039,000 | 6,000 | 324,000 | -321,000 | 1,849,000 | -362,000 | 43,250 | 4,000 | -91,000 | 259,000 | -41,881 | 368,492 | 58,955 | 91,047 | 199,554 | ||||||||||||||||||||||
total comprehensive income | 34,571,000 | 101,577,000 | 16,596,000 | -12,486,000 | 17,519,000 | 12,499,000 | -1,773,000 | 18,484,000 | -17,904,000 | -5,065,000 | -2,066,000 | -3,339,775 | 3,915,525 | -233,471 | -1,540,032 | 2,985,496 | ||||||||||||||||||||||||||||||
net income per share | ||||||||||||||||||||||||||||||||||||||||||||||
-basic | 0.69 | 2.08 | 0.34 | -0.26 | 0.38 | 0.25 | -0.03 | 0.38 | 0.32 | -0.15 | -0.35 | -0.52 | -0.05 | -0.39 | -0.45 | -0.4 | -0.21 | -0.05 | -0.17 | -0.26 | -39,451,675.08 | 0.09 | 40,338,982 | -0.1 | 0.13 | 0.09 | -0.16 | -0.1 | 0.05 | 35,396,550 | -0.1 | -0.1 | 0.05 | -0.01 | -0.08 | -0.09 | 0.04 | 0.02 | -0.1 | -0.05 | 0.08 | -0.05 | -0.07 | -0.08 | -0.735 | -1.19 |
-diluted | 0.64 | 1.86 | 0.33 | -0.26 | 0.36 | 0.24 | -0.03 | 0.37 | 0.32 | -0.15 | -0.35 | -0.52 | -0.05 | -0.39 | -0.45 | -0.4 | -0.21 | -0.05 | -0.17 | -0.26 | -40,473,290.08 | 0.09 | 41,509,819 | -0.1 | 0.13 | 0.08 | -0.16 | -0.1 | 0.05 | 35,396,550 | -0.1 | -0.1 | 0.05 | -0.01 | -0.08 | -0.09 | 0.04 | 0.02 | -0.1 | -0.05 | 0.08 | -0.05 | -0.07 | -0.08 | -0.735 | -1.19 |
weighted-average shares of common stock outstanding | ||||||||||||||||||||||||||||||||||||||||||||||
other income | 946,000 | |||||||||||||||||||||||||||||||||||||||||||||
loss on equity method investment | 910,000 | 980,000 | 762,000 | 943,000 | 717,000 | 1,310,000 | 881,000 | 539,000 | 337,000 | -248,000 | ||||||||||||||||||||||||||||||||||||
other comprehensive loss: | ||||||||||||||||||||||||||||||||||||||||||||||
total other comprehensive loss | -79,000 | -153,321 | -13,989.5 | -54,325 | -201,187 | |||||||||||||||||||||||||||||||||||||||||
other expenses: | ||||||||||||||||||||||||||||||||||||||||||||||
loss attributable to common stockholders | 15,290,000 | -7,166,000 | -16,952,000 | -24,786,000 | -2,917,000 | -18,449,000 | -20,586,000 | -17,542,000 | -10,888,000 | -3,590,233 | -5,661,350 | -3,422,000 | ||||||||||||||||||||||||||||||||||
unrealized gain on available for sale investments | 67,750 | 271,000 | ||||||||||||||||||||||||||||||||||||||||||||
total comprehensive loss | 15,658,000 | -7,462,000 | -18,991,000 | -24,780,000 | -2,593,000 | -18,770,000 | -18,737,000 | -3,531,278 | -5,814,671 | -3,330,953 | 1,705,637 | -151,491 | -3,701,706 | -3,321,383 | ||||||||||||||||||||||||||||||||
other (expenses)/income: | ||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares of common stock outstanding used in computing net income per share attributable to common stockholders | ||||||||||||||||||||||||||||||||||||||||||||||
other (expenses)/income | 123,000 | 256,000 | -21,000 | 258,000 | -1,250 | 2,000 | -2,000 | |||||||||||||||||||||||||||||||||||||||
total comprehensive | -7,566,000 | -10,629,000 | ||||||||||||||||||||||||||||||||||||||||||||
other income/ | 4,148 | |||||||||||||||||||||||||||||||||||||||||||||
other income/(expenses) | -5,000 | 17,234 | 24,663 | 23,586 | 21,518 | 146,156 | -137,624 | -20,748 | 17,295 | -6,075.5 | -27,392 | 26,067 | -22,977 | -9,931 | 41,435 | 57,677 | -88,814 | 41,601 | ||||||||||||||||||||||||||||
net (loss) per share attributable to common stockholders | ||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares of common stock outstanding used in computing net (loss) per share attributable to common stockholders | ||||||||||||||||||||||||||||||||||||||||||||||
total other comprehensive | -386,566 | 96,381 | -81,667 | |||||||||||||||||||||||||||||||||||||||||||
weighted-average shares of common stock outstanding used in computing net loss per share attributable to common stockholders | ||||||||||||||||||||||||||||||||||||||||||||||
net income | 1,757,418 | -97,166 | -3,500,519 | -3,520,937 | 1,514,893 | -245,548 | -2,652,162 | -2,879,525 | 1,233,401 | 620,731 | -3,243,002 | -1,771,802 | 2,780,262 | -1,675,350 | -2,228,650 | -2,587,074 | -16,446,750 | -9,483,241 | ||||||||||||||||||||||||||||
yoy | 16.01% | -60.43% | 31.99% | 22.27% | 22.82% | -139.56% | -18.22% | 62.52% | -55.64% | -137.05% | 45.51% | -31.51% | -116.90% | -82.33% | ||||||||||||||||||||||||||||||||
qoq | -1908.68% | -97.22% | -0.58% | -332.42% | -716.94% | -90.74% | -7.90% | -333.46% | 98.70% | -119.14% | 83.03% | -163.73% | -265.95% | -24.83% | -13.85% | -84.27% | 73.43% | |||||||||||||||||||||||||||||
net income margin % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 3.40% | -0.19% | -7.35% | -8.16% | 3.72% | -0.60% | -6.64% | -8.34% | 3.62% | 1.80% | -9.83% | -5.63% | 9.21% | -5.48% | -7.86% | -9.56% | -67.11% | -42.11% |
net loss attributable to common stockholders | 1,757,418 | -97,166 | -3,500,519 | -3,520,937 | -2,652,162 | -2,879,525 | -3,243,002 | -1,771,802 | 2,780,262 | -1,675,350 | -2,228,650 | -2,587,074 | -100,642,922 | -12,380,255 | ||||||||||||||||||||||||||||||||
net income attributable to common stockholders | -1,444,308.5 | -245,548 | -1,098,518.5 | 620,731 | ||||||||||||||||||||||||||||||||||||||||||
other expenses | -614,586 | -93,768 | -40,869 | -18,189.75 | -8,078 | -68,831 | -134,845 | -108,872 | ||||||||||||||||||||||||||||||||||||||
other expenses: - sum | -804,287 | -253,060 | -157,607 | 329,173 | -121,898 | -179,510 | -33,390 | -16,979,548 | -8,136,822 | |||||||||||||||||||||||||||||||||||||
weighted-average shares of common stock | ||||||||||||||||||||||||||||||||||||||||||||||
outstanding used in computing net loss per share | ||||||||||||||||||||||||||||||||||||||||||||||
attributable to common stockholders | ||||||||||||||||||||||||||||||||||||||||||||||
fees on debt guarantee | -15,475,777 | -6,816,055 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 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 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 277,975,000 | 274,591,000 | 243,684,000 | 243,732,000 | 268,633,000 | 274,594,000 | 251,699,000 | 257,894,000 | 296,871,000 | 338,107,000 | 244,048,000 | 337,143,000 | 132,735,000 | 240,310,000 | 307,345,000 | 29,730,000 | 72,788,000 | 170,836,000 | 280,323,000 | 340,967,000 | 67,247,000 | 84,184,714 | 107,727,885 | 149,486,159 | 9,471,676 | 7,205,735 | 4,752,836 | 3,761,283 | 7,554,388 | 2,850,063 | 1,134,285 | 3,039,341 | 2,184,259 | 2,069,344 | 675,184 | 2,023,788 | 3,908,177 | 3,496,313 | 1,719,089 | 266,129 | 8,029,413 | 15,250,752 | 16,046,925 | |||
accounts receivable | 63,762,000 | 64,327,000 | 60,375,000 | 62,654,000 | 68,419,000 | 65,015,000 | 68,156,000 | 68,507,000 | 56,754,000 | 54,415,000 | 51,889,000 | 49,513,000 | 57,572,000 | 48,235,000 | 62,090,000 | 61,458,000 | 34,780,000 | 32,217,000 | 33,962,000 | 28,818,000 | 18,438,000 | 21,644,451 | 22,651,347 | 20,295,397 | 18,580,840 | 19,500,754 | 19,356,428 | 15,558,276 | 12,326,703 | 13,130,215 | 11,120,231 | 12,099,217 | 12,721,521 | 12,390,110 | 11,514,646 | 8,718,873 | 8,886,790 | 8,669,359 | 8,226,216 | 7,133,456 | 7,030,719 | |||||
inventories | 76,766,000 | 69,845,000 | 90,583,000 | 82,017,000 | 80,794,000 | 72,791,000 | 73,252,000 | 71,865,000 | 63,238,000 | 59,063,000 | 65,269,000 | 66,319,000 | 58,290,000 | 64,334,000 | 60,679,000 | 45,311,000 | 35,574,000 | 29,305,000 | 24,597,000 | 21,825,000 | 19,119,000 | 17,510,839 | 18,692,994 | 16,005,370 | 12,542,269 | 13,306,994 | 13,225,832 | 11,109,216 | 9,317,232 | 8,709,111 | 10,290,471 | 9,874,896 | 10,118,394 | 8,690,803 | 7,686,101 | 7,607,293 | 5,402,735 | 6,320,806 | 7,864,626 | 8,183,496 | 6,853,447 | 6,802,023 | 7,811,256 | 7,427,084 | 7,314,151 | 6,865,621 |
prepaid expenses | 9,807,000 | 9,332,000 | 10,702,000 | 13,922,000 | 16,026,000 | 5,768,000 | 8,566,000 | 5,757,000 | 7,615,000 | 8,813,000 | 8,182,000 | 7,751,000 | 9,778,000 | 8,395,000 | 2,547,000 | 4,494,000 | 5,834,000 | 3,870,000 | 3,940,000 | 2,496,000 | 3,378,000 | 3,411,293 | 2,782,085 | 2,998,336 | 3,275,992 | 1,653,217 | 1,286,692 | 2,400,310 | 1,078,232 | 772,014 | 1,056,659 | 819,405 | 1,200,834 | 598,499 | ||||||||||||
other current assets | 7,404,000 | 5,456,000 | 3,833,000 | 3,067,000 | 3,126,000 | 3,126,000 | 3,547,000 | 2,935,000 | 2,841,000 | 1,992,000 | 3,315,000 | 3,092,000 | 3,590,000 | 2,314,000 | 2,220,000 | 1,972,000 | 1,349,000 | 1,562,000 | 1,795,000 | 1,936,000 | 914,000 | 730,596 | 765,463 | 10,720,781 | 10,452,990 | 10,756,779 | 650,482 | 289,321 | 681,550 | 351,612 | 1,139,668 | 829,446 | 732,960 | 876,792 | ||||||||||||
total current assets | 435,714,000 | 423,551,000 | 409,177,000 | 405,392,000 | 436,998,000 | 421,294,000 | 405,220,000 | 406,958,000 | 427,319,000 | 462,390,000 | 487,140,000 | 513,144,000 | 261,965,000 | 383,479,000 | 454,721,000 | 142,965,000 | 150,325,000 | 237,790,000 | 344,617,000 | 396,042,000 | 109,096,000 | 137,481,893 | 172,620,970 | 219,506,043 | 54,323,767 | 52,423,479 | 39,272,270 | 33,118,406 | 30,958,105 | 27,104,384 | 24,741,314 | 26,662,305 | 26,957,968 | 24,625,549 | 21,258,216 | 19,119,894 | 19,243,353 | 19,266,501 | 18,602,060 | 16,787,611 | 25,393,210 | 33,126,891 | 38,344,571 | 47,097,648 | 50,225,182 | 14,678,761 |
property, plant and equipment | 1,138,671,000 | 1,112,864,000 | 1,101,367,000 | 1,082,203,000 | 1,065,869,000 | 1,039,980,000 | 1,032,730,000 | 1,005,759,000 | 979,164,000 | 924,720,000 | 865,237,000 | 826,152,000 | 800,586,000 | 719,444,000 | 662,527,000 | 663,844,000 | 583,922,000 | 471,964,000 | 391,934,000 | 331,371,000 | 281,073,000 | 242,299,147 | 220,074,510 | 195,607,774 | 165,287,597 | 136,688,547 | 122,394,944 | 109,559,987 | 102,094,248 | 103,085,709 | 102,698,557 | 101,663,419 | 100,598,639 | 101,422,104 | 101,658,434 | 101,712,630 | 101,493,080 | 100,006,113 | 99,119,154 | 92,671,432 | 82,793,007 | 73,882,133 | 69,183,959 | 61,953,765 | 57,825,961 | 55,850,447 |
deposits on equipment | 118,000 | 118,000 | 450,000 | 433,000 | 1,047,000 | 1,118,000 | 1,109,000 | 1,295,000 | 1,895,000 | 2,256,000 | 2,429,000 | 2,936,000 | 3,823,000 | 3,821,000 | 1,084,000 | 1,167,000 | 4,100,000 | 3,189,000 | 3,747,000 | 3,617,000 | 3,710,000 | 5,669,151 | 6,134,329 | 4,298,520 | 3,600,931 | 4,046,973 | 6,437,602 | 5,458,953 | 4,730,176 | 3,540,516 | 3,845,775 | 4,902,977 | 4,370,922 | 4,057,627 | 3,583,799 | 3,705,972 | 3,620,444 | 3,244,730 | 2,959,216 | 3,020,939 | 3,243,519 | 3,371,873 | 3,856,464 | 2,318,191 | 2,883,234 | 3,698,954 |
operating lease right of use assets | 66,424,000 | 66,703,000 | 67,505,000 | 3,057,000 | 3,366,000 | 3,671,000 | 2,851,000 | 3,237,000 | 3,616,000 | 3,990,000 | 4,358,000 | 4,808,000 | 5,165,000 | 5,516,000 | 5,862,000 | 6,227,000 | 6,537,000 | 6,874,000 | 7,205,000 | 7,557,000 | 7,866,000 | 8,192,272 | 8,690,401 | 8,846,194 | 9,154,234 | 9,460,364 | 9,763,324 | 9,366,228 | ||||||||||||||||||
long term investment in equity securities | 33,446,000 | 33,446,000 | 33,446,000 | 33,446,000 | 33,446,000 | 33,446,000 | 33,446,000 | 33,446,000 | 23,528,000 | 23,528,000 | 23,528,000 | 24,438,000 | ||||||||||||||||||||||||||||||||||
deferred tax assets | 68,893,000 | 77,919,000 | ||||||||||||||||||||||||||||||||||||||||||||
other assets | 34,509,000 | 30,941,000 | 35,549,000 | 34,493,000 | 34,152,000 | 32,189,000 | 30,975,000 | 29,895,000 | 28,899,000 | 27,449,000 | 27,679,000 | 28,539,000 | 28,426,000 | 27,057,000 | 22,197,000 | 11,417,000 | 13,670,000 | 11,774,000 | 8,651,000 | 7,727,000 | 4,749,000 | 4,550,532 | 4,340,100 | 3,708,158 | 3,759,058 | 3,680,076 | 3,314,858 | 2,234,495 | 2,182,329 | 2,067,086 | 2,094,846 | 1,997,595 | 1,972,805 | 2,021,805 | 2,239,533 | 2,265,903 | 2,094,339 | 2,085,824 | 1,781,860 | 1,800,692 | 1,667,838 | 1,575,475 | 1,492,825 | 1,624,924 | 1,527,483 | 1,028,744 |
total assets | 1,777,775,000 | 1,745,542,000 | 1,647,494,000 | 1,559,024,000 | 1,574,878,000 | 1,531,698,000 | 1,506,331,000 | 1,480,590,000 | 1,464,421,000 | 1,444,333,000 | 1,410,371,000 | 1,400,017,000 | 1,125,383,000 | 1,165,497,000 | 1,173,514,000 | 853,460,000 | 784,410,000 | 758,327,000 | 783,430,000 | 773,972,000 | 434,388,000 | 425,942,496 | 411,860,310 | 431,966,689 | 236,125,587 | 206,299,439 | 181,182,998 | 159,738,069 | 139,964,858 | 135,797,695 | 133,380,492 | 135,226,296 | 133,900,334 | 132,127,085 | 128,739,982 | 126,804,399 | 126,451,216 | 124,603,168 | 122,462,290 | 114,280,674 | 113,097,574 | 111,956,372 | 112,877,819 | 112,994,528 | 112,461,860 | 75,256,906 |
liabilities and stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 42,429,000 | 30,839,000 | 42,817,000 | 42,763,000 | 39,164,000 | 35,481,000 | 34,051,000 | 46,591,000 | 36,096,000 | 40,908,000 | 32,389,000 | 26,391,000 | 55,088,000 | 37,046,000 | 39,507,000 | 77,151,000 | 42,612,000 | 12,828,000 | 39,159,000 | 30,955,000 | 16,452,000 | 10,742,536 | 9,090,164 | 20,420,592 | 18,667,729 | 17,839,951 | 15,801,273 | 11,334,998 | 9,166,412 | 9,889,931 | 10,518,831 | 8,466,384 | 9,173,169 | 8,231,738 | 7,579,513 | 10,728,553 | 6,884,155 | 5,669,788 | 7,397,999 | 7,245,531 | 6,668,643 | 6,715,779 | 7,154,534 | 7,238,095 | 5,423,905 | 10,658,050 |
accrued expenses | 31,610,000 | 41,488,000 | 37,872,000 | 36,290,000 | 56,263,000 | 50,396,000 | 52,884,000 | 32,193,000 | 49,816,000 | 39,377,000 | 43,477,000 | 27,805,000 | 33,016,000 | 19,576,000 | 19,437,000 | 13,139,000 | 14,950,000 | 14,556,000 | 16,707,000 | 13,570,000 | 15,371,000 | 11,958,320 | 8,985,593 | 20,440,468 | 22,132,928 | 19,447,055 | 9,018,582 | 8,217,565 | 9,050,551 | 6,821,475 | 5,554,830 | 5,734,461 | 7,519,348 | 6,660,234 | 5,073,975 | 3,794,187 | 4,531,139 | 4,720,267 | 4,960,313 | 3,681,036 | 2,274,557 | 2,171,909 | 2,406,790 | 2,226,982 | 2,938,316 | 3,624,191 |
current operating lease liabilities | 2,241,000 | 2,155,000 | 2,074,000 | 1,355,000 | 1,322,000 | 1,290,000 | 1,034,000 | 1,174,000 | 1,312,000 | 1,445,000 | 1,576,000 | 1,543,000 | 1,510,000 | 1,478,000 | 1,446,000 | 1,384,000 | 1,384,000 | 1,359,000 | 1,336,000 | 1,298,000 | 1,298,000 | 1,269,380 | 1,336,694 | 1,241,168 | 1,185,058 | 1,129,806 | 1,068,396 | 986,072 | ||||||||||||||||||
current finance lease liabilities | 2,315,000 | 2,266,000 | 2,218,000 | 2,166,000 | 2,120,000 | 2,075,000 | 2,031,000 | 1,988,000 | 1,998,000 | 2,043,000 | ||||||||||||||||||||||||||||||||||||
total current liabilities | 78,595,000 | 76,748,000 | 84,981,000 | 82,574,000 | 98,869,000 | 89,242,000 | 90,000,000 | 81,946,000 | 89,222,000 | 83,773,000 | 77,442,000 | 55,739,000 | 89,614,000 | 130,972,000 | 70,839,000 | 96,444,000 | 58,946,000 | 28,743,000 | 57,202,000 | 45,823,000 | 33,121,000 | 23,970,236 | 19,412,451 | 42,102,228 | 41,985,715 | 38,416,812 | 26,088,251 | 30,538,635 | 18,216,963 | 18,711,406 | 20,073,661 | 20,200,845 | 16,692,517 | 20,391,972 | 20,785,560 | 20,418,015 | 18,668,685 | 19,575,362 | 20,590,801 | 11,072,759 | 9,147,514 | 9,189,545 | 10,338,427 | 9,465,077 | 8,362,221 | 14,282,241 |
convertible senior notes | 397,330,000 | 396,781,000 | 396,237,000 | 395,698,000 | 395,163,000 | 394,633,000 | 394,108,000 | 393,588,000 | 393,074,000 | 392,562,000 | 392,048,000 | 391,567,000 | ||||||||||||||||||||||||||||||||||
long term operating lease liabilities | 65,023,000 | 65,081,000 | 65,655,000 | 1,863,000 | 2,213,000 | 2,556,000 | 2,064,000 | 2,333,000 | 2,591,000 | 2,846,000 | 3,097,000 | 3,804,000 | 4,200,000 | 4,588,000 | 4,971,000 | 5,421,000 | 5,710,000 | 6,066,000 | 6,417,000 | 6,753,000 | 7,098,000 | 7,483,060 | 7,856,832 | 8,069,160 | 8,409,252 | 8,712,671 | 9,020,293 | 8,677,892 | ||||||||||||||||||
long term finance lease liabilities | 28,075,000 | 28,527,000 | 28,967,000 | 29,400,000 | 23,273,000 | 23,820,000 | 24,355,000 | 24,879,000 | 26,080,000 | 26,596,000 | ||||||||||||||||||||||||||||||||||||
deferred tax liabilities | 93,000 | |||||||||||||||||||||||||||||||||||||||||||||
total liabilities | 569,116,000 | 567,137,000 | 575,840,000 | 509,535,000 | 519,518,000 | 510,251,000 | 510,527,000 | 502,746,000 | 510,967,000 | 505,777,000 | 472,587,000 | 451,110,000 | 93,814,000 | 135,560,000 | 140,846,000 | 145,406,000 | 64,656,000 | 34,809,000 | 63,619,000 | 52,576,000 | 40,219,000 | 31,453,296 | 27,269,283 | 50,171,388 | 104,861,066 | 82,525,471 | 63,590,544 | 39,216,527 | 18,490,383 | 18,993,002 | 20,363,506 | 20,498,580 | 16,997,356 | 20,628,850 | 20,785,560 | 20,418,015 | 18,668,685 | 19,575,362 | 20,590,801 | 11,072,759 | 9,147,514 | 9,189,545 | 10,338,427 | 10,286,123 | 9,069,161 | 118,735,510 |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||
common stock — voting, 0.001 par value... | 49,000 | 49,000 | 49,000 | 49,000 | 49,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 48,000 | 43,000 | 43,000 | 43,000 | 43,000 | 43,000 | 41,000 | 40,645 | 40,480 | 40,271 | 36,162 | 36,100 | 36,089 | 35,866 | 35,556 | 35,524 | 35,317 | 35,139 | 35,132 | 34,835 | 34,513 | 34,040 | 33,961 | 33,839 | 33,573 | 33,538 | 33,537 | 33,513 | 33,505 | 33,470 | ||
additional paid-in capital | 1,351,201,000 | 1,355,518,000 | 1,350,344,000 | 1,344,775,000 | 1,338,160,000 | 1,321,767,000 | 1,308,623,000 | 1,288,890,000 | 1,282,984,000 | 1,283,744,000 | 1,275,510,000 | 1,267,642,000 | 1,325,524,000 | 1,321,299,000 | 1,305,260,000 | 961,914,000 | 955,710,000 | 949,995,000 | 944,222,000 | 938,242,000 | 600,388,000 | 597,368,593 | 591,386,109 | 588,357,121 | 334,299,172 | 331,538,514 | 328,342,507 | 325,457,147 | 323,079,437 | 320,115,324 | 316,176,333 | 313,929,310 | 312,783,195 | 308,969,771 | 305,180,732 | 300,961,005 | 299,477,706 | 297,956,502 | 295,421,183 | 293,514,642 | 292,484,986 | 294,082,039 | 292,179,262 | 290,119,660 | 288,216,882 | 7,434,249 |
accumulated deficit | -142,669,000 | -176,484,000 | -278,147,000 | -294,503,000 | -281,806,000 | -299,928,000 | -311,823,000 | -310,129,000 | -328,731,000 | -344,021,000 | -336,855,000 | -319,903,000 | -295,117,000 | -292,200,000 | -273,751,000 | -253,165,000 | -235,623,000 | -226,357,000 | -224,287,000 | -216,812,000 | -205,924,000 | -202,625,523 | -206,172,555 | -206,325,650 | -202,735,417 | -207,368,869 | -210,436,032 | -204,774,682 | -201,352,682 | -203,110,100 | -203,012,934 | -199,512,416 | -195,991,478 | -197,506,371 | -197,260,823 | -194,608,661 | -191,729,136 | -192,962,535 | -193,583,267 | -190,340,265 | -188,568,463 | -191,348,725 | -189,673,375 | -187,444,725 | -184,857,651 | -168,410,901 |
accumulated other comprehensive income | 334,000 | -591,000 | -959,000 | -663,000 | 1,376,000 | 1,370,000 | 1,046,000 | 1,367,000 | 93,000 | 89,000 | 179,000 | -80,000 | -38,289 | -406,781 | -20,215 | -175,551 | -93,884 | 59,437 | -31,610 | 20,171 | 74,496 | 275,683 | 76,129 | |||||||||||||||||||||||
treasury stock | -256,000 | -256,000 | -256,000 | -256,000 | -256,000 | -256,000 | -256,000 | -256,000 | -256,000 | -256,000 | -256,000 | -256,000 | -256,000 | -256,000 | -256,000 | -256,000 | -256,000 | -256,000 | -256,000 | -256,000 | -256,000 | -256,226 | -256,226 | -256,226 | -256,226 | -256,226 | -256,226 | -256,226 | -256,226 | -256,226 | -256,226 | |||||||||||||||
total stockholders' equity | 1,208,659,000 | 1,178,405,000 | 1,071,654,000 | 1,049,489,000 | 1,055,360,000 | 1,021,447,000 | 995,804,000 | 977,844,000 | 953,454,000 | 938,556,000 | 937,784,000 | 948,907,000 | 1,031,569,000 | 1,029,937,000 | 1,032,668,000 | 708,054,000 | 719,754,000 | 723,518,000 | 719,811,000 | 721,396,000 | 394,169,000 | 394,489,200 | 384,591,027 | 381,795,301 | 131,264,521 | 123,773,968 | 117,592,454 | 120,521,542 | 121,474,475 | 116,804,693 | 113,016,986 | 114,727,716 | 116,902,978 | 111,498,235 | 107,954,422 | 106,386,384 | 107,782,531 | 105,027,806 | 101,871,489 | 103,207,915 | 103,950,060 | 102,766,827 | 102,539,392 | 102,708,405 | ||
total liabilities and stockholders' equity | 1,777,775,000 | 1,745,542,000 | 1,647,494,000 | 1,559,024,000 | 1,574,878,000 | 1,531,698,000 | 1,506,331,000 | 1,480,590,000 | 1,464,421,000 | 1,444,333,000 | 1,410,371,000 | 1,400,017,000 | 1,125,383,000 | 1,165,497,000 | 1,173,514,000 | 853,460,000 | 784,410,000 | 758,327,000 | 783,430,000 | 773,972,000 | 434,388,000 | 425,942,496 | 411,860,310 | 431,966,689 | 236,125,587 | 206,299,439 | 181,182,998 | 159,738,069 | 139,964,858 | 135,797,695 | 133,380,492 | 135,226,296 | 133,900,334 | 132,127,085 | 128,739,982 | 126,804,399 | 126,451,216 | 124,603,168 | 122,462,290 | 114,280,674 | 113,097,574 | 111,956,372 | 112,877,819 | 112,994,528 | ||
accumulated other comprehensive loss | -422,000 | -336,000 | -576,000 | -787,000 | -184,000 | -788,000 | -709,000 | -482,000 | -79,170 | |||||||||||||||||||||||||||||||||||||
equity method investment | 25,418,000 | 26,180,000 | 27,123,000 | 27,840,000 | 25,856,000 | 26,736,000 | 27,276,000 | 27,658,000 | 27,894,000 | 27,749,501 | ||||||||||||||||||||||||||||||||||||
short-term investments | 114,437,000 | 49,326,000 | 19,891,000 | 19,840,000 | 10,000,000 | 20,001,196 | 20,000,000 | 3,250,000 | 3,749,205 | 7,499,205 | 7,499,205 | |||||||||||||||||||||||||||||||||||
current portion of long-term debt | 72,872,000 | 10,449,000 | ||||||||||||||||||||||||||||||||||||||||||||
long term debt | 65,036,000 | 43,541,000 | 54,466,099 | 35,395,988 | 28,482,000 | |||||||||||||||||||||||||||||||||||||||||
current portion of long term debt | 4,770,000 | |||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive | -120,000 | |||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 273,420 | 281,596 | 289,845 | 297,735 | 304,839 | 236,878 | 369,564 | |||||||||||||||||||||||||||||||||||||||
other current liabilities | 200,000 | |||||||||||||||||||||||||||||||||||||||||||||
borrowings under credit facilities | 10,000,000 | 2,000,000 | 4,000,000 | 6,000,000 | 5,500,000 | 7,500,000 | 5,750,000 | 7,000,000 | 9,000,000 | |||||||||||||||||||||||||||||||||||||
other non-trade receivable | 1,291,369 | |||||||||||||||||||||||||||||||||||||||||||||
accrued warrants | 632,072 | 145,275 | 253,391 | 185,307 | 232,489 | 146,192 | 204,314 | 301,857 | 777,103 | 821,046 | 706,940 | |||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 1,382,285 | 769,940 | 1,045,651 | 780,023 | 792,129 | 1,204,530 | 229,631 | 295,556 | 689,654 | 719,257 | 1,291,379 | 214,802 | ||||||||||||||||||||||||||||||||||
short-term borrowings under line of credit | 8,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
accounts receivables | 7,029,355 | 6,297,531 | 6,533,594 | 5,360,400 | 4,230,006 | |||||||||||||||||||||||||||||||||||||||||
cash and equivalents | 24,918,508 | 36,259,252 | 1,758,202 | |||||||||||||||||||||||||||||||||||||||||||
other liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||
long-term debt | 1,153,850 | |||||||||||||||||||||||||||||||||||||||||||||
notes payable | 84,500,000 | |||||||||||||||||||||||||||||||||||||||||||||
accrued fees on debt guarantee | 17,601,407 | |||||||||||||||||||||||||||||||||||||||||||||
accrued interest on long term debt | 828,448 | |||||||||||||||||||||||||||||||||||||||||||||
redeemable preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||
series b, 0.001 par value... | 34,323,206 | |||||||||||||||||||||||||||||||||||||||||||||
series c, 0.001 par value... | 83,164,421 | |||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||
common stock—voting, 0.001 par value... | 10,421 | |||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 103,392,699 | |||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 112,461,860 | |||||||||||||||||||||||||||||||||||||||||||||
deferred offering costs | 1,610,130 | |||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ deficit | -160,966,231 | |||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ deficit | 75,256,906 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 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 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||
net income | 33,815,000 | 101,663,000 | 16,356,000 | -12,697,000 | 18,122,000 | 11,895,000 | -1,694,000 | 18,602,000 | -3,297,894 | ||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||
provision for loss (gains) on accounts receivable | 4,000 | 1,000 | 10,000 | -2,000 | -9,000 | 11,000 | -25,000 | 14,000 | |||||||||||||||||||||||||||||||||||||
loss on disposal of property, plant and equipment | 857,000 | 126,000 | 485,000 | 744,000 | 230,000 | 768,000 | 136,000 | 150,000 | |||||||||||||||||||||||||||||||||||||
share-based compensation | -6,373,000 | 5,219,000 | 6,221,000 | 8,816,000 | 13,945,000 | 12,107,000 | 19,534,000 | 6,221,000 | -17,000 | 8,090,000 | 8,447,000 | 8,415,000 | 5,683,000 | 7,820,000 | 6,294,000 | 6,295,000 | 6,482,000 | 5,746,000 | 6,690,000 | 6,080,000 | 3,113,919 | 3,346,965 | 2,285,902 | 2,178,214 | 2,127,127 | 3,076,400 | 1,429,844 | 1,200,336 | 2,637,211 | 1,776,375 | 1,301,774 | 1,092,260 | 1,145,819 | 1,132,852 | 1,229,353 | 930,157 | 835,198 | ||||||||
depreciation and amortization | 22,923,000 | 24,362,000 | 20,609,000 | 21,827,000 | 21,366,000 | 18,925,000 | 17,422,000 | 15,902,000 | 13,081,000 | 16,506,000 | 14,438,000 | 14,492,000 | 10,133,000 | 8,534,000 | 7,881,000 | 8,007,000 | 7,979,000 | 7,746,000 | 7,654,000 | 7,089,000 | 6,179,242 | 5,051,846 | 5,440,881 | 4,453,031 | 4,214,273 | 4,063,970 | 3,923,361 | 3,720,091 | 3,649,763 | 3,622,894 | 3,461,032 | 3,334,348 | 3,281,182 | 3,215,554 | 3,146,492 | 3,049,127 | 2,929,055 | 2,720,436 | 2,166,405 | 2,071,272 | 2,030,504 | 1,918,749 | 1,869,377 | 1,754,905 | 1,679,956 |
write-off and amortization of deferred financing costs | |||||||||||||||||||||||||||||||||||||||||||||
change in operating lease right of use asset | 818,000 | 802,000 | 418,000 | 309,000 | 305,000 | 279,000 | 387,000 | 379,000 | 374,000 | 368,000 | 450,000 | 357,000 | 351,000 | 346,000 | 365,000 | 310,000 | 337,000 | 331,000 | |||||||||||||||||||||||||||
deferred income taxes | 9,119,000 | ||||||||||||||||||||||||||||||||||||||||||||
inventory obsolescence | -385,000 | 33,000 | 0 | 699,000 | -29,000 | 0 | 0 | 3,604,000 | -149,000 | 100,000 | -4,000 | 124,000 | 129,000 | 85,170 | -4,293 | 33,186 | 117,937 | 8,273 | -546 | 94,932 | 10,238 | ||||||||||||||||||||||||
gain on equity investment | 0 | 0 | 0 | -9,918,000 | |||||||||||||||||||||||||||||||||||||||||
loss on equity method investment | 0 | 0 | 910,000 | 980,000 | 762,000 | 942,000 | 717,000 | 1,310,000 | 881,000 | ||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 531,000 | -4,202,000 | 2,401,000 | -5,609,000 | -3,934,000 | 3,113,000 | 350,000 | -11,757,000 | -2,328,000 | -2,527,000 | -3,507,000 | 9,182,000 | -10,590,000 | 13,865,000 | -9,615,000 | -26,653,000 | -2,577,000 | 1,735,000 | -5,151,000 | -10,378,000 | 3,225,785 | 1,017,353 | 1,001,661 | 617,072 | 90,753 | -16,133 | -705,039 | 211,144 | -1,172,276 | -917,758 | |||||||||||||||
inventories | -6,003,000 | 19,225,000 | -6,448,000 | -2,952,000 | -6,632,000 | -167,000 | -868,000 | -7,817,000 | -434,000 | 6,206,000 | 1,021,000 | -8,000,000 | 6,044,000 | -3,655,000 | -18,972,000 | -9,588,000 | -6,369,000 | -4,704,000 | -2,896,000 | -2,835,000 | -1,692,600 | 1,186,448 | -637,504 | 190,775 | 1,149,596 | 86,475 | 971,325 | -373,135 | -118,939 | -430,863 | |||||||||||||||
prepaid expenses and other current assets | 2,680,000 | -79,000 | -4,601,000 | 688,000 | 1,072,000 | 3,165,000 | -4,516,000 | 548,000 | -1,553,000 | -266,000 | -2,955,000 | 2,525,000 | -1,509,000 | -1,342,000 | 1,699,000 | 717,000 | -1,751,000 | 303,000 | -1,303,000 | -140,000 | -150,093 | -594,341 | 10,171,569 | 9,865 | 284,943 | 275,711 | 65,925 | 394,098 | 29,603 | 572,122 | -1,060,883 | ||||||||||||||
other assets | -4,185,000 | 3,140,000 | -1,958,000 | -1,102,000 | -3,523,000 | -300,000 | -549,000 | -691,000 | -558,000 | 267,000 | -98,000 | -3,664,000 | -1,502,000 | -1,281,000 | 632,000 | -990,000 | -2,379,000 | -3,364,000 | -2,293,000 | 137,000 | -497,386 | -9,860 | -223,540 | 11,786 | 281,914 | -34,104 | -119,851 | 85,078 | -130,025 | ||||||||||||||||
accounts payable | 8,408,000 | -9,388,000 | -2,283,000 | 4,574,000 | 3,645,000 | 9,820,000 | -10,890,000 | 9,909,000 | 1,243,000 | 9,788,000 | 3,236,000 | -10,724,000 | -4,493,000 | 1,851,000 | -5,870,000 | 5,449,000 | 9,901,000 | -10,437,000 | 9,246,000 | 6,248,000 | -2,900,955 | 409,128 | -4,085,861 | 655,688 | -964,822 | 2,555,681 | -995,756 | -474,194 | 374,151 | 937,982 | -2,431,847 | 3,801,808 | 282,466 | -963,528 | -239,766 | 1,774,682 | -1,505,561 | 958,906 | -738,088 | 1,477,326 | -4,677,297 | ||||
accrued expenses | -7,522,000 | 3,084,000 | 2,503,000 | -21,461,000 | 5,456,000 | -3,714,000 | 23,012,000 | -16,943,000 | 8,128,000 | 6,580,000 | 9,398,000 | -4,869,000 | 8,452,000 | 139,000 | 6,298,000 | -1,811,000 | 508,000 | -2,150,000 | 3,170,000 | -1,801,000 | 3,537,608 | 2,847,727 | 2,685,873 | 859,114 | 1,586,259 | -189,128 | -240,046 | 1,279,277 | 1,406,479 | ||||||||||||||||
operating lease liability | -511,000 | -493,000 | -356,000 | -317,000 | -280,000 | -350,000 | -441,000 | -396,000 | -388,000 | -382,000 | |||||||||||||||||||||||||||||||||||
net cash flows from operating activities | 55,106,000 | 66,762,000 | 33,886,000 | 4,807,000 | 50,369,000 | 56,100,000 | 42,413,000 | 5,406,000 | 36,972,000 | 39,199,000 | 13,509,000 | -13,740,000 | 10,453,000 | 8,722,000 | -27,617,000 | -34,785,000 | 3,982,000 | -6,270,000 | 8,420,000 | -5,485,000 | 8,130,456 | 18,180,343 | 12,829,950 | 10,043,448 | 5,391,993 | 5,140,830 | 2,077,053 | 5,480,448 | 3,875,142 | 1,429,082 | 2,015,191 | 1,769,249 | 2,910,104 | 951,436 | 1,108,028 | -4,542,135 | |||||||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||
acquisitions of property, plant and equipment, software and deposits on equipment | -53,050,000 | -35,202,000 | -33,441,000 | -26,491,000 | -58,264,000 | -34,033,000 | -48,322,000 | -46,473,000 | -77,451,000 | -59,135,000 | -44,468,000 | -58,039,000 | -62,634,000 | -72,565,000 | -38,984,000 | -55,888,000 | -101,264,000 | -103,243,000 | -68,258,000 | -49,334,000 | -34,644,113 | -26,673,130 | -9,449,600 | -7,530,180 | -5,070,805 | -4,964,527 | -3,715,535 | ||||||||||||||||||
purchase of short-term investments | 0 | 0 | -64,115,000 | -49,326,000 | 0 | 0 | 1,196 | 0 | |||||||||||||||||||||||||||||||||||||
proceeds from maturities of short-term investments | 0 | 9,998,804 | 0 | 0 | 0 | 3,250,000 | 499,205 | ||||||||||||||||||||||||||||||||||||||
net cash flows from investing activities | -53,050,000 | -35,202,000 | -33,441,000 | -26,491,000 | -58,264,000 | -34,033,000 | -48,322,000 | -46,473,000 | -77,451,000 | 54,306,000 | -108,583,000 | -107,365,000 | -42,794,000 | -72,564,000 | -58,824,000 | -59,182,000 | -101,264,000 | -103,243,000 | -68,258,000 | -49,334,000 | -24,913,612 | -44,296,435 | -8,990,587 | -3,755,571 | -10,050,515 | -12,463,732 | -3,624,068 | ||||||||||||||||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of options to purchase common stock | 1,842,000 | 77,000 | 30,000 | 157,000 | 3,622,000 | 1,320,000 | 1,381,000 | 2,815,000 | 345,000 | 1,111,000 | 2,227,000 | 834,000 | 142,000 | 0 | 97,000 | 232,000 | 223,000 | 308,000 | 1,026,000 | 714,000 | 777,544 | 2,572,920 | 1,687,980 | 402,556 | 618,527 | 66,370 | 1,983,880 | 1,791,668 | |||||||||||||||||
tax withholdings related to net shares settlements of restricted stock units | 33,000 | -194,000 | 1,000 | -2,861,000 | -1,155,000 | 0 | -1,217,000 | -223,000 | -541,000 | -9,000 | -248,000 | -602,000 | -162,000 | -66,000 | -890,000 | -323,000 | -989,000 | -281,000 | -1,388,000 | -1,529,000 | -931,704 | 0 | |||||||||||||||||||||||
principal payments under finance lease obligations | -547,000 | -536,000 | -524,000 | -513,000 | -533,000 | -492,000 | -450,000 | -502,000 | -561,000 | ||||||||||||||||||||||||||||||||||||
purchase of capped call options | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes | 0 | 0 | 0 | 393,518,000 | |||||||||||||||||||||||||||||||||||||||||
debt issuance costs | 0 | 0 | 0 | -2,026,000 | |||||||||||||||||||||||||||||||||||||||||
net cash flows from financing activities | 1,328,000 | -653,000 | -493,000 | -3,217,000 | 1,934,000 | 828,000 | -286,000 | 2,090,000 | -757,000 | 554,000 | 1,979,000 | 325,513,000 | -75,234,000 | -3,193,000 | 364,056,000 | 50,909,000 | -766,000 | 26,000 | -806,000 | 328,539,000 | -154,882 | 2,572,921 | -127,250 | 196,753,211 | 19,330,475 | 6,980,358 | 18,804,842 | 11,117,894 | -1,746,687 | 72,594 | -1,310,799 | 6,053,862 | -2,857,691 | -176,803 | -1,213,071 | 2,747,910 | 8,222,186 | 10,970 | -1 | 49,294 | 227,496 | 14,960 | 42,667,253 | ||
net change in cash and cash equivalents | 3,384,000 | 30,907,000 | -48,000 | -24,901,000 | -5,961,000 | 22,895,000 | -6,195,000 | -38,977,000 | -41,236,000 | 94,059,000 | -93,095,000 | 204,408,000 | -107,575,000 | -67,035,000 | 277,615,000 | -43,058,000 | -98,048,000 | -109,487,000 | -60,644,000 | 273,720,000 | -16,938,038 | -23,543,171 | -41,758,274 | 140,014,483 | 4,704,325 | 855,082 | -7,221,339 | -796,173 | |||||||||||||||||
cash and cash equivalents, beginning of year | 0 | 0 | 0 | 268,633,000 | 0 | 0 | 0 | 296,871,000 | 0 | 0 | 0 | 132,735,000 | 0 | 0 | 0 | 72,788,000 | 0 | 0 | 0 | 67,247,000 | 324 | 0 | 0 | 9,471,676 | 0 | 0 | 0 | 7,554,388 | 0 | 0 | 0 | 2,184,259 | 0 | 0 | 0 | 3,908,177 | 0 | 0 | 0 | 8,029,413 | 0 | 0 | |||
cash and cash equivalents, end of period | 3,384,000 | 30,907,000 | -48,000 | 243,732,000 | -5,961,000 | 22,895,000 | -6,195,000 | 257,894,000 | -41,236,000 | 94,059,000 | -93,095,000 | 337,143,000 | -107,575,000 | -67,035,000 | 277,615,000 | 29,730,000 | -98,048,000 | -109,487,000 | -60,644,000 | 340,967,000 | -16,937,714 | -23,543,171 | -41,758,274 | 149,486,159 | 2,265,941 | 2,452,899 | 991,553 | 3,761,283 | 4,704,325 | 1,715,778 | -1,905,056 | 3,039,341 | 114,915 | 1,394,160 | -1,348,604 | 2,023,788 | 411,864 | 1,777,224 | 1,452,960 | 266,129 | -7,221,339 | -796,173 | |||
provision for loss on accounts receivable | 678,000 | 0 | 11,452,000 | 2,000 | -29,596 | 77,164 | |||||||||||||||||||||||||||||||||||||||
amortization of deferred financing costs | 544,000 | 539,000 | 535,000 | ||||||||||||||||||||||||||||||||||||||||||
supplemental cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||
interest paid, net of amounts capitalized | 5,883,000 | 47,000 | 5,945,000 | ||||||||||||||||||||||||||||||||||||||||||
operating right-of-use assets obtained in exchange for lease obligations | 0 | ||||||||||||||||||||||||||||||||||||||||||||
non-cash financing and investing activities: | |||||||||||||||||||||||||||||||||||||||||||||
property, plant and equipment and software purchases in accounts payable and accrued expenses | -2,043,000 | 1,268,000 | 7,789,000 | ||||||||||||||||||||||||||||||||||||||||||
non-cash addition of finance lease to property, plant and equipment | 0 | 0 | 7,236,000 | 0 | |||||||||||||||||||||||||||||||||||||||||
tax withholdings related to net shares settlements of restricted stock units in accrued expenses | -299,000 | 243,000 | 58,000 | 84,000 | -1,140,000 | 1,859,000 | |||||||||||||||||||||||||||||||||||||||
write-off and amortization of deferred financing costs and loan discount | 530,000 | 524,000 | 521,000 | 514,000 | 512,000 | 514,000 | 556,000 | 2,478,000 | |||||||||||||||||||||||||||||||||||||
investments in equity method investment | 0 | 1,000 | 0 | -3,294,000 | 349,000 | 236,000 | -269,499 | ||||||||||||||||||||||||||||||||||||||
proceeds from borrowings under credit facility | 0 | 0 | 27,000,000 | 51,000,000 | |||||||||||||||||||||||||||||||||||||||||
repayment of borrowings under credit facility | -75,214,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from common shares issued in primary offering, net of issuance cost | 0 | -341,000 | 0 | 0 | -348,000 | 332,520,000 | -254 | 1 | -1 | 252,062,254 | |||||||||||||||||||||||||||||||||||
interest paid | 6,601,000 | 574,000 | 6,591,000 | 612,000 | 7,474,000 | 1,000 | 1,216,000 | 0 | 1,887,000 | 844,000 | 421,000 | 442,000 | 449,000 | 631,000 | 208,000 | 135,604 | 135,979 | 22,467 | 766,950 | 0 | 355,844 | 136,127 | 29,717 | 20,217 | 59,438 | 67,471 | 37,293 | 29,542 | 193,622 | 141,951 | 154,165 | 81,286 | 232,689 | 126,302 | 5,000 | 156,667 | 75,833 | 75,000 | 24,744 | 1,776,634 | |||||
property, plant and equipment purchases in accounts payable and accrued expenses | -7,155,000 | -2,839,000 | 17,332,000 | -3,744,000 | -11,769,000 | 8,856,000 | 25,943,000 | ||||||||||||||||||||||||||||||||||||||
amortization of discount on short-term investments | |||||||||||||||||||||||||||||||||||||||||||||
capitalized interest in accrued expenses | |||||||||||||||||||||||||||||||||||||||||||||
receivable from exercise of options to purchase common stock | 1,120,000 | ||||||||||||||||||||||||||||||||||||||||||||
net loss | 15,290,000 | -7,166,000 | -16,952,000 | -24,786,000 | -2,917,000 | -18,449,000 | -20,586,000 | -17,542,000 | 2,780,262 | -1,675,350 | -2,228,650 | -2,587,074 | -16,446,750 | ||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||
provision for (gains) loss on accounts receivable | |||||||||||||||||||||||||||||||||||||||||||||
fees paid in connection with financing agreements | -1,000 | -96,000 | -3,166,000 | ||||||||||||||||||||||||||||||||||||||||||
taxes paid | |||||||||||||||||||||||||||||||||||||||||||||
issuance of partner warrants | 0 | ||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of equipment | 224,000 | 196,000 | 268,000 | 193,000 | 114,000 | 46,000 | 43,000 | 254,000 | 178,000 | 46,000 | 60,000 | 504,481 | 1,264,664 | 34,193 | 1,662 | 648,922 | 137,422 | -7,344 | 8,028 | ||||||||||||||||||||||||||
repayment of borrowings under credit facilities | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
purchase of capped call option | 0 | 0 | -66,211,000 | ||||||||||||||||||||||||||||||||||||||||||
other lease liabilities | -363,000 | -356,000 | -351,000 | -387,000 | -290,000 | -331,000 | -328,000 | -298,000 | -345,000 | -356,130 | -441,086 | ||||||||||||||||||||||||||||||||||
amortization of deferred financing costs and loan discount | 199,000 | 198,000 | 266,000 | 132,000 | 199,000 | 198,000 | 198,000 | 617,000 | 71,445 | 71,088 | 66,168 | 625,299 | 85,562 | 53,009 | 43,519 | 28,775 | 28,776 | 28,776 | 28,776 | 28,775 | 27,886 | 317,146 | 40,751 | 40,751 | 40,594 | 37,609 | 36,168 | 35,901 | 35,862 | 37,987 | 35,680 | 35,294 | |||||||||||||
property, plant and equipment purchases in accounts payable | -4,313,000 | -31,773,000 | 51,572,000 | -15,894,000 | -1,043,000 | 19,536,000 | 8,610,633 | 1,243,244 | -7,244,567 | 8,671,690 | 1,792,600 | -1,880,522 | 7,198,891 | 463,546 | 278,176 | -123,559 | -350,353 | 1,046,377 | 508,969 | -272,616 | -677,214 | 1,447,039 | 932,188 | -760,381 | 393,027 | 839,716 | 1,458,425 | -1,397,661 | 654,527 | 1,320,823 | |||||||||||||||
net | -7,476,000 | -10,888,000 | |||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net (loss) to net cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from borrowings under credit facilities | 0 | 0 | 0 | 20,933,000 | 21,670,111 | 15,313,988 | 25,307,000 | 10,000,000 | 0 | 0 | 0 | 6,000,000 | 0 | 5,500,000 | 0 | ||||||||||||||||||||||||||||||
financing fees paid in connection with borrowings | -468 | 0 | |||||||||||||||||||||||||||||||||||||||||||
non-cash acquisitions of property, plant and equipment | 1,749,901 | ||||||||||||||||||||||||||||||||||||||||||||
provision for loss/(gains) on accounts receivable | -3,000 | -19,174 | -10,457 | -84,081 | 90,712 | -89,689 | 28,778 | 5,232 | -13,605 | ||||||||||||||||||||||||||||||||||||
operating lease right of use | 309,000 | 327,038 | 498,129 | 155,793 | 308,040 | 306,130 | 241,785 | ||||||||||||||||||||||||||||||||||||||
other current liabilities | |||||||||||||||||||||||||||||||||||||||||||||
conversion of warrants to common stock | 0 | ||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities | |||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses, other non-trade receivables and other current assets | |||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of equipment and deposits on equipment | 37,390 | 28,508 | 48,382 | 27,879 | 6,024 | 6,819 | 84,868 | 6,005 | 19,734 | 11,185 | 15,205 | 143,407 | 10,277 | 2,643 | 71,956 | 8,723 | 161,870 | ||||||||||||||||||||||||||||
fair value adjustment for outstanding warrants | 0 | -44,053 | -97,543 | -475,246 | -43,943 | 114,106 | |||||||||||||||||||||||||||||||||||||||
change in reserve for inventory obsolescence | 29,383 | 838 | 16,351 | 52,723 | -23,108 | 210,434 | 22,647 | 81,925 | -14,531 | -5,062 | 133,174 | -137,899 | 37,908 | -11,037 | 6,006 | -17,667 | |||||||||||||||||||||||||||||
other liabilities | 67,961 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of equipment | 5,835 | 929 | 1,841 | 5,000 | 5,672 | 1,557 | 91,467 | ||||||||||||||||||||||||||||||||||||||
exercise of options to purchase common stock | 253,313 | 2,072,594 | 945,427 | 53,862 | 2,667,903 | 2,068,488 | 2,990,848 | 553,221 | 786,929 | 1,747,910 | 222,186 | 10,970 | -1 | 49,294 | 227,496 | 14,960 | |||||||||||||||||||||||||||||
purchase of treasury shares | |||||||||||||||||||||||||||||||||||||||||||||
non-cash investing and financing activities: | |||||||||||||||||||||||||||||||||||||||||||||
purchase of stock for tax withholding | |||||||||||||||||||||||||||||||||||||||||||||
purchases of short-term investments | 0 | 0 | 0 | -7,499,205 | |||||||||||||||||||||||||||||||||||||||||
acquisitions of land and building | -41,749 | -4,791 | |||||||||||||||||||||||||||||||||||||||||||
fees on debt guarantee | 15,475,777 | ||||||||||||||||||||||||||||||||||||||||||||
borrowings on long-term debt | |||||||||||||||||||||||||||||||||||||||||||||
repayment of long-term debt | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from preferred stock - series c issued | |||||||||||||||||||||||||||||||||||||||||||||
redemption of series b preferred stock | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from shares of common stock issued in initial public offering, net of issuance costs | |||||||||||||||||||||||||||||||||||||||||||||
preferred stock dividend accretion of series c and series b preferred stock and additional loss upon conversion of series c preferred stock into common stock upon consummation of ipo | |||||||||||||||||||||||||||||||||||||||||||||
provision for gains on accounts receivable | |||||||||||||||||||||||||||||||||||||||||||||
share based compensation | 787,676 | 1,665,372 | 1,006,046 | -1,566,233 | 1,825,640 | 1,804,338 | 1,860,112 | ||||||||||||||||||||||||||||||||||||||
provision for losses on accounts receivable | 2,598 | 7,805 | 14,769 | -26,785 | 24,919 | -918 | -212,636 | ||||||||||||||||||||||||||||||||||||||
proceeds from borrowings under line of credit | |||||||||||||||||||||||||||||||||||||||||||||
accrued expenses and accrued interest on long-term debt | 102,648 | -234,881 | 214,194 | -711,334 | -1,606,073 | ||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of shares of common stock in private placement | |||||||||||||||||||||||||||||||||||||||||||||
preferred stock dividend accretion | |||||||||||||||||||||||||||||||||||||||||||||
net change in cash and equivalents | -11,340,744 | 34,501,050 | |||||||||||||||||||||||||||||||||||||||||||
cash and equivalents, beginning of year | 36,259,252 | 0 | |||||||||||||||||||||||||||||||||||||||||||
cash and equivalents, end of period | 24,918,508 | 34,501,050 | |||||||||||||||||||||||||||||||||||||||||||
revaluation of outstanding warrants | |||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock options for services | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of series c preferred stock | |||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash | |||||||||||||||||||||||||||||||||||||||||||||
amortization of loan discount and deferred financing costs | |||||||||||||||||||||||||||||||||||||||||||||
other assets and deferred offering costs | |||||||||||||||||||||||||||||||||||||||||||||
borrowings on notes payable | |||||||||||||||||||||||||||||||||||||||||||||
financing fees paid in connection with note payable | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred stock—series c | |||||||||||||||||||||||||||||||||||||||||||||
non-cash financing activity: |