| Income Statement (Quarterly) | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue | 71,539,000 | 60,119,000 | 60,099,000 | 60,099,000 |
| Cost of Revenue | 14,609,000 | 8,728,000 | 9,478,000 | 0 |
| Gross Profit | 56,930,000 | 51,391,000 | 50,621,000 | 60,099,000 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 44,393,000 | 44,018,000 | 40,139,000 | 40,139,000 |
| Operating Expenses | 52,448,000 | 54,481,000 | 48,942,000 | 46,231,000 |
| Operating Income | 4,482,000 | -3,090,000 | 1,679,000 | 1,679,000 |
| Interest Expense | 7,358,000 | 7,305,000 | 7,703,000 | 0 |
| Income Before Tax | -1,928,000 | -9,220,000 | -5,113,000 | -5,113,000 |
| Income Tax Expense | 0 | 0 | 0 | 0 |
| Net Income | -1,928,000 | -9,220,000 | -5,113,000 | -5,113,000 |
| Per Share | ||||
| EPS | -0.01 | -0.06 | -0.03 | -0.03 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Statement (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Revenue | 203,070,000 | 163,914,000 | 110,248,000 |
| Cost of Revenue | 36,832,000 | 28,645,000 | 22,634,000 |
| Gross Profit | 166,238,000 | 135,269,000 | 87,614,000 |
| Operating Expenses | |||
| R&D Expenses | 0 | 0 | 0 |
| SG&A Expenses | 163,481,000 | 146,095,000 | 137,745,000 |
| Operating Expenses | 199,884,000 | 179,279,000 | 169,554,000 |
| Operating Income | -33,646,000 | -44,010,000 | -81,940,000 |
| Interest Expense | 33,175,000 | 26,609,000 | 15,325,000 |
| Income Before Tax | -57,104,000 | -63,504,000 | -96,084,000 |
| Income Tax Expense | -2,268,000 | -1,249,000 | -1,424,000 |
| Net Income | -54,836,000 | -62,255,000 | -94,660,000 |
| Per Share | |||
| EPS | -0.37 | -0.45 | -0.70 |
| EPS Diluted | 0.00 | 0.00 | 0.00 |
| Balance Sheet (Quarterly) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Assets | |||
| Cash and Cash Equivalents | 71,621,000 | 67,449,000 | 121,966,000 |
| Short Term Investments | 0 | 5,002,000 | 0 |
| Net Receivables | 40,415,000 | 39,197,000 | 30,830,000 |
| Inventory | 48,175,000 | 38,838,000 | 24,735,000 |
| Total Current Assets | 167,662,000 | 156,264,000 | 186,818,000 |
| Property Plant Equipment | 28,211,000 | 29,175,000 | 28,375,000 |
| Goodwill and Intangibles | 121,780,000 | 132,623,000 | 124,599,000 |
| Total Assets | 323,060,000 | 322,602,000 | 344,522,000 |
| Liabilities | |||
| Account Payables | 2,290,000 | 11,565,000 | 4,606,000 |
| Short Term Debt | 21,182,000 | 3,495,000 | 1,580,000 |
| Total Current Liabilities | 100,443,000 | 95,193,000 | 73,621,000 |
| Long Term Debt | 250,265,000 | 225,696,000 | 196,477,000 |
| Total Liabilities | 352,675,000 | 329,384,000 | 299,335,000 |
| Shareholders Equity | |||
| Retained Earnings | -671,861,000 | -617,025,000 | -554,770,000 |
| Total Shareholders Equity | -29,615,000 | -6,782,000 | 45,187,000 |
| Balance Sheet (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Assets | |||
| Cash and Cash Equivalents | 71,621,000 | 67,449,000 | 121,966,000 |
| Short Term Investments | 0 | 5,002,000 | 0 |
| Net Receivables | 40,415,000 | 39,197,000 | 30,830,000 |
| Inventory | 48,175,000 | 38,838,000 | 24,735,000 |
| Total Current Assets | 167,662,000 | 156,264,000 | 186,818,000 |
| Property Plant Equipment | 28,211,000 | 29,175,000 | 28,375,000 |
| Goodwill and Intangibles | 121,780,000 | 132,623,000 | 124,599,000 |
| Total Assets | 323,060,000 | 322,602,000 | 344,522,000 |
| Liabilities | |||
| Account Payables | 2,290,000 | 11,565,000 | 4,606,000 |
| Short Term Debt | 21,182,000 | 3,495,000 | 1,580,000 |
| Total Current Liabilities | 100,443,000 | 95,193,000 | 73,621,000 |
| Long Term Debt | 250,265,000 | 225,696,000 | 196,477,000 |
| Total Liabilities | 352,675,000 | 329,384,000 | 299,335,000 |
| Shareholders Equity | |||
| Retained Earnings | -671,861,000 | -617,025,000 | -554,770,000 |
| Total Shareholders Equity | -29,615,000 | -6,782,000 | 45,187,000 |
| Cash Flow Statement (Quarterly) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | -54,836,000 | -62,255,000 | -94,660,000 |
| Depreciation & Amortization | 12,625,000 | 13,160,000 | 12,668,000 |
| Stock Based Compensation | 18,363,000 | 10,716,000 | 12,160,000 |
| Change in Working Capital | -8,820,000 | -6,294,000 | -35,150,000 |
| Operating Cash Flow | -36,981,000 | -47,023,000 | -102,891,000 |
| Investing Activities | |||
| Capital Expenditure | -868,000 | -2,263,000 | -524,000 |
| Investments | -868,000 | -2,263,000 | -524,000 |
| Investing Cash Flow | 4,883,000 | -6,004,000 | 34,461,000 |
| Financing Activities | |||
| Debt Repayment | 38,169,000 | 0 | 102,718,000 |
| Common Stock Issued/Repurchased | -3,734,000 | -1,009,000 | 29,532,000 |
| Dividends Paid | 0 | 0 | 0 |
| Financing Cash Flow | 36,168,000 | -1,613,000 | 127,473,000 |
| Summary | |||
| Free Cash Flow | -37,849,000 | -49,286,000 | -103,415,000 |
| Net Change in Cash | 4,070,000 | -54,640,000 | 59,043,000 |
| Cash Flow Statement (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | -54,836,000 | -62,255,000 | -94,660,000 |
| Depreciation & Amortization | 12,625,000 | 13,160,000 | 12,668,000 |
| Stock Based Compensation | 18,363,000 | 10,716,000 | 12,160,000 |
| Change in Working Capital | -8,820,000 | -6,294,000 | -35,150,000 |
| Operating Cash Flow | -36,981,000 | -47,023,000 | -102,891,000 |
| Investing Activities | |||
| Capital Expenditure | -868,000 | -2,263,000 | -524,000 |
| Investments | -868,000 | -2,263,000 | -524,000 |
| Investing Cash Flow | 4,883,000 | -6,004,000 | 34,461,000 |
| Financing Activities | |||
| Debt Repayment | 38,169,000 | 0 | 102,718,000 |
| Common Stock Issued/Repurchased | -3,734,000 | -1,009,000 | 29,532,000 |
| Dividends Paid | 0 | 0 | 0 |
| Financing Cash Flow | 36,168,000 | -1,613,000 | 127,473,000 |
| Summary | |||
| Free Cash Flow | -37,849,000 | -49,286,000 | -103,415,000 |
| Net Change in Cash | 4,070,000 | -54,640,000 | 59,043,000 |