AMARIN CORP PLC\UK (AMRN)
Amarin Corporation plc is a pharmaceutical firm dedicated to the research, development, and commercialization of therapeutic solutions for cardiovascular diseases. Its operations span several international regions, including the United States, Germany, Canada, Lebanon, and the United Arab Emirates. The company's flagship product is VASCEPA, an omega-3 fatty acid formulation available by prescription only. This medication acts as an adjunctive therapy to diet, designed to decrease elevated triglyceride levels in adult patients suffering from severe hypertriglyceridemia. Amarin primarily distributes its offerings through wholesale channels and specialized pharmacy providers. Furthermore, the company has entered into a collaboration with Mochida Pharmaceutical Co., Ltd. to advance the development and market introduction of drug products and new indications derived from Vascepa's active pharmaceutical ingredient, which encompasses omega-3 acid and eicosapentaenoic acid. Established in 1989 as Ethical Holdings plc, the organization rebranded to Amarin Corporation plc in 1999. Its corporate headquarters are located in Dublin, Ireland.
Sector: Pharmaceutical Preparations
Industry: Drug Manufacturers - General
Amarin Corporation plc
NASDAQ:AMRNHealthcare · Biotechnology
-4.91%$12.11
AH$12.11+0.00%vs close
Mkt Cap$509.13M
Float41.83M
O/S42.04M
Vol
$ Vol
RVOL
Inst Own11.1%
SI1.3%
Earnings
Dilution
Financials Summary
Revenue$213.65M
Net Income-$38.8M
Total Assets$670.77M
Free Cash Flow$6.74M
Debt & Equity
Debt 3%
Equity 97%
Total Debt$12.16M
Total Equity$459.28M
Shares Outstanding
Short Interest
Split History2 splits · 2 reverse
2-year cumulative
1:20
Nasdaq bars a compliance period at 1:250
- 1:20Reverse splitApr 11, 202520 shares → 1
- 1:10Reverse splitJan 18, 200810 shares → 1
Balance Sheet Details
Assets$670.77M
Liabilities$211.49M
Accounts Receivable$126.83M
Accounts Payable$45.35M
Inventory$195.91M
PP&E (Net)$6.47M
Goodwill$13.36M
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1994 | FY 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-08-31 | 1997-08-31 | 1996-08-31 | 1995-08-31 | 1994-08-31 | 1993-08-31 |
| Revenue | $213.65M | $228.61M | $306.91M | $369.19M | $583.19M | $614.06M | $429.75M | $229.21M | $181.1M | $130.08M | $81.76M | $54.2M | $26.35M | $0 | $0 | $0 | $0 | $0 | $7.37M | $500K | $500K | $1.02M | $7.37M | $65.51M | $4.99M | $15.74M | $11.22M | $10M | $24.3M | $21.5M | $29.1M | $18.7M | $14.7M |
| YoY Growth | -6.5% | -25.5% | -16.9% | -36.7% | -5.0% | 42.9% | 87.5% | 26.6% | 39.2% | 59.1% | 50.8% | 105.7% | - | - | - | - | - | - | 1373.0% | 0.0% | -50.8% | -86.2% | -88.8% | 1212.0% | -68.3% | 40.3% | 12.2% | -58.8% | 13.0% | -26.1% | 55.6% | 27.2% | - |
| Cost of Revenue | $92.78M | $147.23M | $141.37M | $126.71M | $121.33M | $131.44M | $96.02M | $54.54M | $44.95M | $34.36M | $27.88M | $20.48M | $11.91M | $451K | $100K | $100K | $582K | $0 | $0 | $0 | $0 | $107K | $11.91M | $30.13M | $21.46M | $4.62M | $2.98M | $3.7M | $2.8M | $4M | $4.9M | $0 | $3.1M |
| Gross Profit | $120.87M | $81.38M | $165.54M | $242.48M | $461.86M | $482.62M | $333.74M | $174.67M | $136.15M | $95.72M | $53.88M | $33.72M | $14.44M | $0 | $0 | $0 | $0 | $0 | $7.37M | $500K | $500K | $910K | -$4.55M | $35.38M | $32.32M | $11.12M | $8.24M | $15.3M | $21.5M | $17.5M | $24.2M | $18.7M | $11.6M |
| Gross Margin | 56.6% | 35.6% | 53.9% | 65.7% | 79.2% | 78.6% | 77.7% | 76.2% | 75.2% | 73.6% | 65.9% | 62.2% | 54.8% | - | - | - | - | - | 100.0% | 100.0% | 100.0% | 89.5% | -61.7% | 54.0% | 647.2% | 70.7% | 73.5% | 153.0% | 88.5% | 81.4% | 83.2% | 100.0% | 78.9% |
| Research and Development | $19.81M | $20.87M | $22.22M | $30.41M | $29.31M | $38.96M | $34.39M | $55.9M | $47.16M | $49.98M | $51.06M | $50.33M | $72.75M | $58.96M | $21.6M | $28.01M | $17.84M | $12.95M | $12.11M | $17.19M | $8.92M | $3.48M | $5.44M | $6.22M | $4.14M | $5.75M | $6.33M | $19.8M | $19.8M | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $115M | $152.31M | $199.94M | $304.42M | $408.33M | $463.31M | $323.62M | $227M | $134.55M | $111.37M | $101.05M | $79.35M | $121.25M | $57.79M | $22.56M | $17.09M | $15.25M | $15.23M | $19.45M | $13.27M | $10.58M | $6.99M | $30.89M | $23.66M | $33.26M | $8.73M | $4.62M | $8.4M | $7.3M | $34.6M | $18.6M | $0 | $9.9M |
| Other | $0 | $0 | $0 | $13.53M | $13.72M | $104K | $0 | -$326K | $74K | -$482K | -$9K | -$503K | -$1.15M | -$427K | $0 | $0 | -$2.16M | $0 | $9.17M | $1.21M | $676K | -$510K | -$2.05M | $39.24M | $0 | -$1K | -$1K | $2.6M | $2.5M | $1.2M | $1M | $18.7M | $600K |
| Total Operating Expenses | $134.81M | $173.18M | $222.16M | $348.35M | $451.36M | $502.27M | $358.01M | $282.9M | $181.71M | $161.35M | $152.1M | $129.67M | $196.54M | $116.75M | $44.16M | $45.1M | $30.93M | $28.18M | $40.73M | $31.13M | $18.76M | $12M | $34.27M | $69.12M | $37.4M | $13.76M | $10.95M | $32.1M | $29.6M | $35.8M | $19.6M | $18.7M | $10.5M |
| Operating Income (EBIT) | -$13.94M | -$91.8M | -$56.62M | -$105.87M | $10.5M | -$19.66M | -$24.28M | -$108.22M | -$45.55M | -$65.63M | -$98.22M | -$95.95M | -$182.11M | -$116.75M | -$44.35M | -$44.63M | -$30.38M | -$28.18M | -$31.92M | -$31.16M | -$18.91M | -$11.09M | -$38.82M | -$32.66M | -$5.08M | -$2.65M | -$7.13M | -$10.5M | -$8.1M | -$18.3M | $4.6M | $18.7M | $1.1M |
| Operating Margin | -6.5% | -40.2% | -18.4% | -28.7% | 1.8% | -3.2% | -5.6% | -47.2% | -25.2% | -50.4% | -120.1% | -177.0% | -691.1% | - | - | - | - | - | -433.5% | -6232.2% | -3781.6% | -1090.7% | -527.1% | -49.9% | -101.7% | -16.8% | -63.6% | -105.0% | -33.3% | -85.1% | 15.8% | 100.0% | 7.5% |
| Interest Expense | $7K | $7K | $8K | $15K | $129K | $2.6M | $6.63M | $8.87M | $9.77M | $18.68M | $20.05M | $18.48M | $34.18M | $18.09M | $1K | $19K | $8.23M | $2.14M | $6.46M | $0 | $1.8M | $0 | $0 | $29.46M | $0 | $0 | $0 | $24.4M | $800K | $0 | $0 | $0 | $0 |
| Interest Income | $10.85M | $13.4M | $11.86M | $2.82M | $1.22M | $4.9M | $8.5M | $1.07M | $429K | $234K | $0 | $0 | $343K | $544K | $231K | $53K | $199K | $9.63M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$22.11M | $14.6M | $2.95M | $2.06M | $789K | $2.4M | $1.8M | -$8.12M | -$9.26M | -$10.76M | -$20.07M | $36.75M | $12.69M | -$53.32M | -$22.73M | -$205.4M | -$29.36M | $7.58M | -$7.08M | $3.44M | -$497K | $222K | $12.24M | -$883K | $366K | $525K | -$1.63M | -$5.5M | -$3.2M | $1.6M | $900K | $0 | $200K |
| Income Before Tax (EBT) | -$36.05M | -$77.2M | -$53.67M | -$103.81M | $11.29M | -$17.25M | -$22.48M | -$116.35M | -$55.41M | -$76.38M | -$118.29M | -$59.2M | -$169.42M | -$170.95M | -$66.89M | -$250.09M | -$59.74M | -$20.96M | -$39M | -$27.52M | -$21.26M | -$10.39M | -$26.58M | -$33.55M | -$4.71M | -$2.12M | -$8.76M | -$16M | -$11.3M | -$16.7M | $5.5M | $0 | $1.3M |
| Income Tax Expense | $2.75M | $4.98M | $5.44M | $2M | $3.56M | $745K | $164K | $96K | $13.05M | $9.97M | -$3.09M | -$2.84M | -$3.19M | $9.12M | $2.52M | -$501K | -$440K | -$674K | -$837K | -$799K | -$698K | $7.33M | -$7.36M | $3.54M | $412K | $342K | -$27K | $100K | $600K | -$1.1M | $1.4M | $15.9M | $500K |
| Net Income | -$38.8M | -$82.18M | -$59.11M | -$105.8M | $7.73M | -$18M | -$22.64M | -$116.44M | -$67.86M | -$86.35M | -$115.2M | -$56.36M | -$166.23M | -$179.18M | -$69.42M | -$249.52M | -$59.32M | -$20.02M | -$38.17M | -$26.92M | -$20.55M | $3.23M | -$19.22M | -$37.08M | -$4.76M | $2.54M | $4.37M | -$28.8M | -$7.7M | -$15.6M | $4.1M | $2.8M | $900K |
| Net Income Margin | -18.2% | -35.9% | -19.3% | -28.7% | 1.3% | -2.9% | -5.3% | -50.8% | -37.5% | -66.4% | -140.9% | -104.0% | -630.8% | - | - | - | - | - | -518.2% | -5384.0% | -4109.4% | 317.5% | -261.0% | -56.6% | -95.3% | 16.1% | 39.0% | -288.0% | -31.7% | -72.6% | 14.1% | 15.0% | 6.1% |
| Supplementary Data | |||||||||||||||||||||||||||||||||
| EPS | -1.80 | -4.00 | -3.00 | -5.20 | 0.39 | -0.94 | -1.32 | -7.80 | -5.00 | -8.20 | -16.60 | -6.40 | -20.60 | -24.80 | -10.60 | -49.80 | -28.00 | -18.20 | -81.60 | -67.00 | -92.60 | 34.40 | -224.80 | -796.80 | -101.20 | 128.40 | 582.80 | -3843.80 | -1040.00 | -2200.00 | 620.00 | 400.00 | 160.00 |
| Diluted EPS | -1.80 | -4.00 | -3.00 | -5.20 | 0.38 | -1.00 | -1.32 | -7.80 | -5.00 | -8.20 | -16.60 | -7.20 | -25.60 | -24.80 | -10.60 | -49.80 | -28.00 | -18.20 | -81.60 | -67.00 | -88.00 | 23.20 | -224.80 | -796.80 | -22.80 | 60.40 | 582.80 | -3840.00 | -1040.00 | -2200.00 | 620.00 | 400.00 | 160.00 |
| Weighted Average OS | 20.75M | 20.55M | 19.70M | 20.06M | 19.80M | 18.00M | 17.13M | 14.86M | 13.53M | 10.53M | 8.98M | 8.69M | 8.05M | 7.20M | 6.51M | 5.01M | 2.12M | 1.10M | 468,450 | 401,600 | 202,050 | 89,700 | 85,550 | 46,689 | 47,031 | 7,494 | 7,497 | 7,493 | 7,404 | 7,091 | 6,613 | 7,000 | 5,625 |
| EBITDA | -$33.01M | -$74.28M | -$50.7M | -$100.69M | $14.28M | -$12.73M | -$15M | -$106.63M | -$44.34M | -$56.52M | -$97.3M | -$39.78M | -$134.62M | -$152.31M | -$66.79M | -$249.9M | -$55.16M | -$19.87M | -$38.44M | -$29.84M | -$19.29M | -$9.85M | -$33.38M | -$25.45M | $16.14M | -$224K | -$4.81M | -$7.9M | -$5.6M | -$17.1M | $5.6M | $18.7M | $1.7M |
| EBITDA Margin | -15.5% | -32.5% | -16.5% | -27.3% | 2.4% | -2.1% | -3.5% | -46.5% | -24.5% | -43.5% | -119.0% | -73.4% | -510.9% | - | - | - | - | - | -521.9% | -5967.0% | -3857.2% | -968.9% | -453.2% | -38.8% | 323.3% | -1.4% | -42.9% | -79.0% | -23.0% | -79.5% | 19.2% | 100.0% | 11.6% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-08-31 | 1997-08-31 | 1996-08-31 | 1995-08-31 | 1993-08-31 |
| Assets | ||||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $134.86M | $121.04M | $199.25M | $217.67M | $219.45M | $186.96M | $644.59M | $249.23M | $73.64M | $98.25M | $106.96M | $119.54M | $191.51M | $260.24M | $116.6M | $31.44M | $52.26M | $11.24M | $18.3M | $36.8M | $33.91M | $10.99M | $2.1M | $24.29M | $30.13M | $2.02M | $1.61M | $800K | $5.6M | $4.8M | $12.9M | $9.9M |
| Short-Term Investments | $167.93M | $173.18M | $121.41M | $91.69M | $234.67M | $313.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $64K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $302.79M | $294.22M | $320.66M | $309.36M | $454.13M | $500.93M | $644.59M | $249.23M | $73.64M | $98.25M | $106.96M | $119.54M | $191.51M | $260.24M | $116.6M | $31.44M | $52.26M | $11.24M | $18.3M | $36.8M | $33.91M | $10.99M | $2.1M | $24.29M | $30.19M | $2.02M | $1.61M | $800K | $5.6M | $4.8M | $12.9M | $9.9M |
| Accounts Receivable | $126.83M | $122.28M | $133.56M | $130.99M | $163.65M | $154.57M | $116.43M | $66.52M | $45.32M | $19.98M | $13.83M | $7.84M | $3.65M | $0 | $0 | $0 | $1.19M | $674K | $1.7M | $1.62M | $2.08M | $1.31M | $1.33M | $14.52M | $7.22M | $4.34M | $6.9M | $3.6M | $7.4M | $14.8M | $14.2M | $8.8M |
| Inventory | $195.91M | $166.05M | $258.62M | $228.73M | $234.68M | $188.86M | $76.77M | $57.8M | $30.26M | $20.51M | $18.98M | $13.73M | $21.21M | $21.26M | $0 | $0 | $0 | $0 | $881K | $414K | $0 | $0 | $2.65M | $7.73M | $3.55M | $2.81M | $3.41M | $1.1M | $1.3M | $1.4M | $800K | $300K |
| Other Current Assets | $24.35M | $12.85M | $525K | $20.02M | $3.92M | $3.92M | $3.91M | $1.5M | $600K | $600K | $600K | $1.53M | $3.03M | $4.19M | $2.37M | $1.67M | $2.6M | $4.23M | $840K | $42K | $0 | $0 | $7.5M | $0 | $0 | $15.05M | $150K | $800K | $8M | -$100K | -$100K | $1.8M |
| Total Current Assets | $649.88M | $595.4M | $724.98M | $689.1M | $878.73M | $879.23M | $855M | $378M | $153.27M | $146.33M | $143.52M | $145.28M | $219.4M | $285.69M | $118.97M | $33.11M | $56.05M | $16.14M | $21.73M | $39.59M | $36.67M | $12.99M | $14.6M | $47.64M | $41.62M | $24.56M | $12.07M | $6.3M | $22.3M | $20.9M | $27.8M | $20.8M |
| Long-Term Assets | ||||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $6.47M | $7.61M | $8.42M | $9.95M | $9.09M | $10.07M | $10.87M | $63K | $28K | $78K | $243K | $381K | $579K | $811K | $432K | $88K | $128K | $595K | $595K | $282K | $460K | $427K | $1.03M | $2.39M | $2.23M | $1.44M | $1.63M | $6.2M | $9.1M | $6.3M | $4M | $2.2M |
| Goodwill | $13.36M | $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 | $0 | $0 | $0 |
| Intangible Assets | $0 | $16.39M | $19.3M | $21.78M | $23.55M | $13.82M | $15.26M | $7.48M | $8.13M | $8.77M | $9.42M | $10.06M | $10.71M | $11.36M | $0 | $0 | $0 | $19.92M | $19.92M | $8.95M | $9.63M | $10.3M | $31.75M | $47.5M | $47.15M | $22.61M | $20.06M | $4M | $8.7M | $9.2M | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $1.27M | $35M | $62.47M | $0 | $0 | -$1.74M | $0 | $0 | $200K | $3.3M | $3.3M | $0 | $0 | $17K | $6K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.74M | $11.08M | $18.23M | $12.56M | $11.94M | $8.04M | $533K | $2.17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $1.05M | $65.95M | $78.97M | $164.08M | $121.71M | $432K | $1.07M | $174K | $174K | $741K | $2.04M | $2.63M | $6.54M | $1.65M | $6.44M | $0 | $0 | $0 | $15K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $100K | $8.5M | $3.8M | $1.2M |
| Total Long-Term Assets | $20.89M | $89.95M | $106.7M | $197.08M | $189.34M | $86.79M | $27.2M | $7.72M | $8.33M | $20.67M | $29.94M | $25.83M | $33.07M | $25.16M | $7.41M | $2.25M | $145K | $20.52M | $20.53M | $9.23M | $10.09M | $10.73M | $32.78M | $49.89M | $49.38M | $24.04M | $21.68M | $10.2M | $17.9M | $24M | $7.8M | $3.4M |
| Other Assets | $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 | $0 | $0 | $0 | $0 |
| Total Assets | $670.77M | $685.35M | $831.68M | $886.18M | $1.07B | $966.02M | $882.21M | $385.71M | $161.6M | $167M | $173.46M | $171.11M | $252.48M | $310.86M | $126.38M | $35.37M | $56.2M | $36.66M | $42.25M | $48.83M | $46.76M | $23.72M | $47.38M | $97.53M | $90.99M | $48.6M | $33.75M | $16.5M | $40.2M | $44.9M | $35.6M | $24.2M |
| Liabilities | ||||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||||
| Accounts Payable | $45.35M | $40.37M | $52.76M | $64.6M | $114.92M | $105.88M | $49.95M | $37.63M | $25.16M | $6.06M | $10.83M | $8.53M | $6.38M | $17.46M | $4.42M | $4.45M | $2.46M | $1.96M | $3.46M | $2.1M | $779K | $1.09M | $3.56M | $3.07M | $3.02M | $1.83M | $3.57M | $8.4M | $2.9M | $2M | $3.3M | $1.6M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $50.13M | $34.24M | $22.83M | $31.3M | $14.74M | $15.39M | $12.97M | $0 | $0 | $0 | $0 | $1.04M | $10K | $0 | $11K | $0 | $31.5M | $27.55M | $45.34M | $248K | $9.14M | $7.6M | $12.7M | $200K | $300K | $600K |
| Current Income Tax Payable | $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 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $2.34M | $2.2M | $2.65M | $2.93M | $2.34M | $1.22M | $1.64M | $1.17M | $923K | $16.27M | $1.7M | $0 | $0 | $0 | $0 | $0 | $6.34M | $0 | $6.27M | $0 | $13.65M | $9.48M | $1.88M | $1.04M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $149.1M | $17.55M | $185.23M | $35.64M | $45.6M | $28.79M | $16.59M | $72M | $5.16M | $5.8M | $4.28M | $2.25M | $10.24M | $3.16M | $1.78M | $0 | $986K | $334K | $5.6M | $444K | $943K | $541K | $5.01M | $26.87M | $3.5M | $1.42M | $7.34M | $5.2M | $7.5M | $5.9M | $2.7M | $3.4M |
| Total Current Liabilities | $194.46M | $179.95M | $259.28M | $259.48M | $370.68M | $307.44M | $242.25M | $157.26M | $108.53M | $76.25M | $50.72M | $40.31M | $37.54M | $25.2M | $8.45M | $7.58M | $6.69M | $7.11M | $15.41M | $10.76M | $8M | $4.34M | $53.73M | $66.97M | $53.74M | $4.54M | $20.05M | $21.2M | $23.1M | $8.1M | $6.3M | $5.6M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||||
| Long-Term Debt | $6.08M | $0 | $0 | $0 | $0 | $0 | $0 | $46.11M | $99.83M | $85.16M | $230.12M | $211.46M | $237.03M | $233.98M | $0 | $0 | $0 | $0 | $2.05M | $0 | $14K | $2M | $0 | $21.52M | $6.62M | $9.37M | $942K | $2M | $2.2M | $13.2M | $300K | $200K |
| Long-Term Unearned Revenue | $0 | $0 | $2.51M | $13.15M | $14.06M | $15.71M | $18.5M | $19.49M | $17.19M | $13.94M | $13.31M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.74M | $0 | $8.17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $575K | $200K | $200K | $200K | $200K | $0 |
| Other Long-Term Liabilities | $4.87M | $11.5M | $9.06M | $8.21M | $7.65M | $6.21M | $3.75M | $10.52M | $1.15M | $710K | $8.51M | $7.79M | $11.76M | $55.67M | $123.13M | $230.07M | $332K | $651K | $642K | $235K | $166K | $687K | $0 | $15.07M | $973K | $3.38M | $0 | $6.6M | $0 | $100K | -$100K | $100K |
| Total Long-Term Liabilities | $17.03M | $19.22M | $20.31M | $31.37M | $30.28M | $31.07M | $31.7M | $76.12M | $118.17M | $99.81M | $251.93M | $219.25M | $248.79M | $289.65M | $123.89M | $230.16M | $902K | $651K | $2.69M | $235K | $180K | $2.69M | $35.06M | $36.78M | $7.59M | $12.89M | $1.52M | $8.8M | $2.4M | $13.5M | $400K | $300K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$35.06M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $211.49M | $199.17M | $279.59M | $290.85M | $400.97M | $338.52M | $273.95M | $233.38M | $226.7M | $176.06M | $302.65M | $259.56M | $286.33M | $314.85M | $132.34M | $237.73M | $7.59M | $7.76M | $18.11M | $10.99M | $8.18M | $7.03M | $53.73M | $103.75M | $61.33M | $17.43M | $21.57M | $30M | $25.5M | $21.6M | $6.7M | $5.9M |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $21.85M | $21.85M | $24.36M | $24.36M | $24.36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.22M | $6.01M | $6.17M | $6.67M | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $310.18M | $305.3M | $302.76M | $299M | $294.03M | $290.12M | $269.17M | $246.66M | $208.77M | $207.17M | $149.98M | $143.11M | $141.48M | $124.6M | $113.32M | $90.47M | $83.93M | $25.93M | $12.94M | $7.99M | $6.78M | $3.21M | $29.09M | $15.85M | $11.18M | $10.19M | $3.07M | $2.5M | $0 | $0 | $0 | $0 |
| Retained Earnings | -$1.71B | -$1.67B | -$1.59B | -$1.53B | -$1.42B | -$1.43B | -$1.41B | -$1.39B | -$1.27B | -$1.2B | -$1.12B | -$970.23M | -$913.87M | -$747.64M | -$568.46M | -$499.33M | -$271.3M | -$203.77M | -$185.19M | -$144.43M | -$119.71M | -$101M | -$105.66M | -$84.84M | -$41.57M | -$37.58M | -$46.03M | -$50.4M | -$21.9M | -$12.2M | $3.1M | -$1M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$816K | $0 | -$754K | -$588K | -$400K | $0 | -$200K | -$115K | -$2.57M | -$2.44M | $49.45M | $27.63M | $27.63M | $27.63M | -$977K | -$1.66M | -$1.5M | -$1.54M | -$520K | -$500K | -$5.4M | -$1M | -$2.9M | -$1.6M |
| Other Stockholders' Equity | $1.86B | $1.85B | $1.84B | $1.82B | $1.79B | $1.77B | $1.75B | $1.29B | $998M | $987.78M | $840.12M | $738.67M | $738.54M | $619.05M | $449.18M | $206.5M | $235.97M | $206.74M | $196.4M | $174.28M | $151.51M | $114.49M | $70.22M | $62.77M | $60.06M | $58.56M | $55.14M | $34.4M | $36.6M | $35.5M | $25.8M | $19.3M |
| Total Equity | $459.28M | $486.18M | $552.1M | $595.33M | $667.1M | $627.5M | $608.26M | $152.33M | -$65.1M | -$9.06M | -$129.19M | -$88.45M | -$33.86M | -$4M | -$5.96M | -$202.37M | $48.6M | $28.9M | $24.15M | $37.84M | $38.58M | $16.69M | -$6.35M | -$6.21M | $29.67M | $31.17M | $12.18M | -$13.5M | $14.7M | $23.3M | $28.9M | $18.3M |
| Minority Interest | $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 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $670.77M | $685.35M | $831.68M | $886.18M | $1.07B | $966.02M | $882.21M | $385.71M | $161.6M | $167M | $173.46M | $171.11M | $252.48M | $310.86M | $126.38M | $35.37M | $56.2M | $36.66M | $42.25M | $48.83M | $46.76M | $23.72M | $47.38M | $97.53M | $90.99M | $48.6M | $33.75M | $16.5M | $40.2M | $44.9M | $35.6M | $24.2M |
| Supplementary Data | ||||||||||||||||||||||||||||||||
| Total Debt | $12.16M | $7.72M | $8.74M | $10.02M | $8.58M | $9.15M | $59.57M | $80.35M | $122.66M | $116.45M | $244.86M | $226.86M | $248.13M | $233.98M | $764K | $88K | $0 | $0 | $2.06M | $0 | $176K | $2M | $31.5M | $49.26M | $51.95M | $9.76M | $10.08M | $9.6M | $14.9M | $13.4M | $600K | $800K |
| Net Debt | -$122.7M | -$113.31M | -$190.51M | -$207.65M | -$210.88M | -$177.81M | -$585.01M | -$168.88M | $49.02M | $18.2M | $137.9M | $107.32M | $56.62M | -$26.26M | -$115.84M | -$31.35M | -$52.26M | -$11.24M | -$16.24M | -$36.8M | -$33.73M | -$8.99M | $29.4M | $24.97M | $21.83M | $7.74M | $8.47M | $8.8M | $9.3M | $8.6M | -$12.3M | -$9.1M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 | FY 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-08-31 | 1997-08-31 | 1996-08-31 | 1995-08-31 | 1993-08-31 |
| Operating Activities | ||||||||||||||||||||||||||||||||
| Net Income | -$38.8M | -$82.18M | -$59.34M | -$105.74M | $7.73M | -$18M | -$22.64M | -$116.44M | -$67.86M | -$86.35M | -$115.2M | -$56.36M | -$166.23M | -$179.18M | -$69.13M | -$249.59M | -$59.32M | -$20.02M | -$38.2M | -$31.16M | -$18.91M | -$9.93M | -$6.09M | -$32.66M | -$4.41M | $4.38M | -$21.65M | -$28.8M | -$7.7M | -$15.6M | $4.1M | $900K |
| Depreciation & Amortization | $3.03M | $2.92M | $2.96M | $3.1M | $2.86M | $2.04M | $859K | $669K | $708K | $783K | $812K | $844K | $892K | $449K | $100K | $100K | $582K | $251K | $386K | $795K | $810K | $754K | $671K | $8.29M | $21.22M | $2.42M | $2.32M | $2.6M | $2.5M | $1.2M | $1M | $600K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $11.08M | $8.8M | -$4.25M | -$3.61M | -$3.43M | -$3.71M | -$2.49M | -$1.69M | $28.13M | $345K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $13.94M | $17.7M | $0 | $0 | $0 | $45.81M | $30.92M | $18.81M | $13.96M | $13.61M | $13.88M | $8.52M | $10.98M | $18.32M | $9.2M | $10.92M | $3.76M | $4.63M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||||
| Accounts Receivable | -$3.83M | $11.22M | -$2.33M | $32.98M | -$8.34M | -$39.47M | -$49.91M | -$21.2M | -$25.33M | -$6.17M | -$5.98M | -$4.2M | -$3.65M | $1.05M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.58M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $34.96M | $105.44M | $56.34M | -$36.4M | -$167.05M | -$112.09M | -$18.97M | -$27.54M | -$9.75M | -$1.52M | -$5.25M | $12.96M | -$5.43M | -$21.26M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$3.81M | -$815K | $428K | $863K | $300K | $100K | -$600K | -$500K | $500K |
| Accounts Payable | $14.54M | -$77.02M | -$165K | -$102.67M | $51.51M | $114.74M | $65.91M | $37.6M | $40.27M | $8.71M | $10.49M | $8.81M | -$7.23M | $25.68M | $5.75M | $1.48M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.32M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$13.39M | -$3.5M | -$2.56M | $2.07M | $7.9M | -$17.01M | -$17.18M | $11.23M | $1.76M | -$9.34M | $13.44M | $4.08M | $13.44M | -$1.06M | -$1.36M | $912K | $0 | $0 | -$1.37M | $0 | $0 | $0 | $0 | $5.63M | $2.08M | -$1.91M | $5.17M | $8.6M | $4.7M | $5M | -$400K | -$6.2M |
| Total Working Capital Change | $32.28M | $36.17M | $51.27M | -$104.01M | -$115.98M | -$53.83M | -$20.14M | $84K | $6.95M | -$8.33M | $12.69M | $21.65M | -$2.86M | $4.41M | $4.39M | $2.39M | -$1.95M | -$3.46M | -$1.37M | $3M | -$17K | -$1.95M | $570K | $1.83M | $10K | -$1.48M | $6.03M | $8.9M | $4.8M | $4.4M | -$900K | -$5.7M |
| Other Non-Cash Items | -$3.71M | -$5.63M | $12.01M | $26.67M | $38.86M | $2.24M | $1.64M | $2.18M | $2.33M | -$327K | $7.32M | -$43.34M | -$29.69M | $37.42M | $18.5M | $204M | $688K | -$8.14M | $12.9M | $4.45M | $809K | $400K | -$15.65M | $28.13M | $97K | $302K | $3.78M | $11.1M | $0 | -$2.2M | $600K | $400K |
| Net Cash from Operating | $6.74M | -$31.02M | $6.91M | -$179.98M | -$66.53M | -$21.75M | -$9.37M | -$94.7M | -$32.84M | -$71.81M | -$84.75M | -$72.31M | -$190.34M | -$122.3M | -$39.44M | -$33.87M | -$28.11M | -$26.39M | -$26.28M | -$22.91M | -$17.31M | -$10.73M | -$20.5M | $5.59M | $16.91M | $5.62M | -$9.53M | -$6.2M | -$400K | -$12.2M | $4.8M | -$3.8M |
| Investing Activities | ||||||||||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | -$535K | -$599K | $0 | -$252K | -$2.48M | -$58K | -$12K | -$21K | -$28K | $0 | -$14K | -$12.69M | -$398K | -$23K | -$126K | -$317K | -$6.22M | -$245K | -$135K | -$7.9M | -$662K | -$716K | -$1.5M | -$683K | -$129K | -$300K | -$2.6M | -$2.8M | -$1M | -$500K |
| Acquisitions | $0 | $0 | $0 | $0 | $4K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$813K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$200.94M | -$278.78M | -$215.93M | -$81.58M | -$290.16M | -$678.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.65M | -$1.65M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$500K |
| Sales of Investments | $209.79M | $232.8M | $190.84M | $257.36M | $394.25M | $301.99M | $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 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$58K | $0 | -$21K | -$28K | $0 | -$14K | -$13.79M | -$398K | -$23K | $899K | $374K | $1.25M | $0 | $0 | $22.44M | -$2.4M | -$10.76M | -$47.28M | $1.22M | $2.08M | $9.1M | $5.5M | -$4.9M | -$200K | -$200K |
| Net Cash from Investing | $8.85M | -$45.98M | -$25.62M | $175.18M | $104.09M | -$376.96M | -$2.48M | -$58K | -$12K | -$21K | -$28K | $0 | -$14K | -$14.34M | -$2.05M | -$23K | $773K | $57K | -$4.97M | -$245K | -$135K | $13.73M | -$3.06M | -$11.47M | -$48.78M | $537K | $1.95M | $8.8M | $2.9M | -$7.7M | -$1.2M | -$1.2M |
| Financing Activities | ||||||||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | $50.34M | $31.65M | $14.69M | -$11.57M | - | -$11.36M | $36K | $10K | -$244.03M | $2K | $12K | -$3.59M | $2.76M | -$2.72M | $25K | $8K | $6.29M | $17.5M | $2.77M | -$42.78M | $145K | -$8.57M | $5.3M | $2.3M | -$12.7M | $300K | $300K |
| Common Stock Issuance | $140K | $131K | $2.22M | $665K | $4.57M | $0 | $440.11M | $264.84M | $0 | $64.61M | $57.67M | $0 | $121.21M | $0 | $98.65M | $0 | $66.4M | $30M | $9.69M | $26.42M | $42.54M | $12.78M | $21.21M | $198K | $4M | $9.54M | $27K | $200K | $400K | $1.3M | $6.6M | $14.9M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.77M | $0 | -$194K | $0 | $0 | $0 | $0 | $0 | -$4.19M | -$3.69M | -$285K | -$2.45M | -$3.94M | -$953K | -$2.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$500K |
| Dividends Paid | $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 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$2.18M | -$1.57M | -$1.99M | -$1.04M | -$9.64M | -$8.57M | $1.16M | $21.1M | -$569K | -$1.49M | $2.44M | $2.67M | $426K | $36.26M | $28M | $13.09M | -$166K | $0 | $0 | -$27K | $2.6M | $0 | -$212K | -$406K | $13.24M | -$14.62M | -$1.09M | -$2.1M | -$500K | -$900K | -$600K | -$100K |
| Net Cash from Financing | -$2.04M | -$1.44M | $231K | -$379K | -$5.07M | -$58.91M | $409.61M | $271.25M | $8.23M | $63.13M | $72.2M | $334K | $121.62M | $280.29M | $126.65M | $13.08M | $65.67M | $23.55M | $12.12M | $23.95M | $41.19M | $5.52M | $1.4M | -$2.98M | $60.02M | -$5.22M | $7.51M | -$7.2M | -$2.4M | $13.1M | $5.7M | $14M |
| Forex Effect | -$32K | $33K | $71K | -$3K | $4K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$317K | -$1.27M | $630K | $0 | $0 | $0 | $0 | $1K | $1K | $1K | $0 | $100K | $100K | $0 | $0 | $0 |
| Net Change in Cash | $13.52M | -$78.44M | -$18.41M | -$5.18M | $32.49M | -$457.62M | $397.77M | $176.49M | -$24.61M | -$8.71M | -$12.58M | -$71.97M | -$68.73M | $143.64M | $85.16M | -$20.82M | $38.02M | -$4.06M | -$18.5M | $795K | $23.75M | $8.52M | -$22.17M | -$8.86M | $28.16M | $938K | -$66K | -$4.5M | $200K | -$6.8M | $9.3M | $9M |
| Supplementary Data | ||||||||||||||||||||||||||||||||
| Operating Cash Flow | $6.74M | -$31.03M | $6.91M | -$179.98M | -$66.53M | -$21.75M | -$9.37M | -$94.7M | -$32.84M | -$71.81M | -$84.75M | -$72.31M | -$190.34M | -$122.3M | -$39.44M | -$33.87M | -$28.11M | -$26.39M | -$26.28M | -$22.91M | -$17.31M | -$10.73M | -$20.5M | $5.59M | $16.91M | $5.62M | -$9.53M | -$6.2M | -$400K | -$12.2M | $4.8M | -$3.8M |
| Capital Expenditure | $0 | $2 | -$24K | -$2 | $2 | -$252K | -$2.48M | -$58K | -$12K | -$21K | -$28K | $0 | -$14K | -$12.69M | -$398K | -$23K | -$126K | -$317K | -$6.22M | -$245K | -$135K | -$7.9M | -$662K | -$716K | -$1.5M | -$683K | -$129K | -$300K | -$2.6M | -$2.8M | -$1M | -$500K |
| Free Cash Flow | $6.74M | -$31.02M | $6.88M | -$179.98M | -$66.53M | -$22M | -$11.84M | -$94.76M | -$32.85M | -$71.84M | -$84.78M | -$72.31M | -$190.35M | -$135M | -$39.84M | -$33.89M | -$28.24M | -$26.71M | -$32.5M | -$23.15M | -$17.44M | -$18.63M | -$21.17M | $4.87M | $15.42M | $4.94M | -$9.65M | -$6.5M | -$3M | -$15M | $3.8M | -$4.3M |
| Cash at Beginning | $121.34M | $199.78M | $218.19M | $223.37M | $190.88M | $648.5M | $250.73M | $74.24M | $98.25M | $106.96M | $119.54M | $191.51M | $260.24M | $116.6M | $31.44M | $52.26M | $14.24M | $18.3M | $36.8M | $36.01M | $10.16M | $2.47M | $24.27M | $33.15M | $1.96M | $1.08M | $1.23M | $4.8M | $4.5M | $11.7M | $3.6M | $900K |
| Cash at End | $134.86M | $121.34M | $199.78M | $218.19M | $223.37M | $190.88M | $648.5M | $250.73M | $73.64M | $98.25M | $106.96M | $119.54M | $191.51M | $260.24M | $116.6M | $31.44M | $52.26M | $14.24M | $18.3M | $36.8M | $33.91M | $10.99M | $2.1M | $24.29M | $30.13M | $2.02M | $1.17M | $300K | $4.7M | $4.9M | $12.9M | $9.9M |