MANNKIND CORP (MNKD)
MannKind Corporation operates as a biopharmaceutical firm, primarily focused on innovating and bringing to market respiratory-delivered treatments. Its efforts are directed towards tackling endocrine system disorders and rare lung conditions within the U.S. market. The company's key product is Afrezza, an inhaled insulin designed to improve glycemic control for adults managing diabetes. MannKind also actively markets Thyquidity, promoting it to adult and pediatric endocrinologists and other healthcare professionals for the treatment of hypothyroidism. In terms of collaborations, MannKind holds a strategic licensing and partnership agreement with United Therapeutics Corporation. Furthermore, it is collaborating with NRx Pharmaceuticals to develop a dry powder formulation of ZYESAMI (aviptadil), which is a synthetic variant of human vasoactive intestinal peptide intended to shield cells from inflammatory processes. Established in 1991, MannKind Corporation's corporate offices are located in Westlake Village, California.
Sector: Pharmaceutical Preparations
Industry: Biotechnology
MannKind Corporation
NASDAQ:MNKDHealthcare · Biotechnology
-0.31%$3.19
AH Close$3.23+1.25%vs close
AH Close$3.23+1.25%vs close
Mkt Cap$1.03B
Float311.9M
O/S321.54M
Inst Own56.5%
SI8.4%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$348.97M
Net Income$5.86M
Total Assets$792.18M
Free Cash Flow$13.69M
Debt & Equity
Debt 112%
Total Debt$473.38M
Total Equity-$51.02M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:5Reverse splitMar 3, 20175 shares → 1
Balance Sheet Details
Assets$792.18M
Liabilities$843.2M
Accounts Receivable$38.37M
Accounts Payable$9.03M
Inventory$35.31M
PP&E (Net)$82.42M
Goodwill$67.59M
Intangible Assets$5.07M
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Revenue | $348.97M | $285.5M | $198.96M | $99.77M | $75.44M | $65.14M | $63.04M | $27.86M | $11.74M | $174.76M | $0 | $0 | $0 | $35K | $50K | $93K | $0 | $20K | $10K | $100K | $0 | $0 | $0 | $0 | $326K | $154K |
| YoY Growth | 22.2% | 43.5% | 99.4% | 32.2% | 15.8% | 3.3% | 126.3% | 137.2% | -93.3% | - | - | - | - | -30.0% | -46.2% | - | - | 100.0% | -90.0% | - | - | - | - | - | 111.7% | - |
| Cost of Revenue | $61.16M | $76.6M | $62.77M | $57.5M | $38.86M | $24.64M | $27.98M | $20.48M | $17.23M | $50.09M | $140.41M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $287.81M | $208.9M | $136.19M | $42.27M | $36.59M | $40.5M | $35.06M | $7.38M | -$5.48M | $124.67M | -$140.41M | $0 | $0 | $35K | $50K | $93K | $0 | $20K | $10K | $100K | $0 | $0 | $0 | $0 | $326K | $154K |
| Gross Margin | 82.5% | 73.2% | 68.5% | 42.4% | 48.5% | 62.2% | 55.6% | 26.5% | -46.7% | 71.3% | - | - | - | 100.0% | 100.0% | 100.0% | - | 100.0% | 100.0% | 100.0% | - | - | - | - | 100.0% | 100.0% |
| Research and Development | $66.35M | $45.89M | $31.28M | $19.72M | $12.31M | $6.25M | $6.9M | $8.74M | $14.12M | $14.92M | $29.67M | $100.24M | $109.72M | $101.52M | $99.96M | $112.28M | $156.33M | $250.44M | $256.84M | $191.8M | $95.35M | $59.27M | $45.61M | $42.72M | $19.76M | $20.54M |
| Selling, General, and Administrative | $144.13M | $94.33M | $94.31M | $91.47M | $77.42M | $59.04M | $74.67M | $79.72M | $74.96M | $46.93M | $108.4M | $79.38M | $59.68M | $45.47M | $40.63M | $40.31M | $53.45M | $55.34M | $50.52M | $42M | $22.77M | $17.88M | $20.7M | $13.21M | $0 | $4.85M |
| Other | $38.52M | -$3.91M | $1.92M | -$4.81M | -$6.12M | $23.13M | -$1.91M | -$437K | $13K | -$597K | $1.37M | $1.68M | -$635K | -$1.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $249M | $136.31M | $127.51M | $106.38M | $83.61M | $88.42M | $79.66M | $88.44M | $88.86M | $59.58M | $204.24M | $179.63M | $169.4M | $147M | $140.59M | $152.59M | $209.78M | $305.79M | $307.37M | $233.8M | $118.12M | $77.15M | $66.31M | $207.37M | $19.76M | $25.4M |
| Operating Income (EBIT) | $38.8M | $72.59M | $8.68M | -$64.11M | -$47.02M | -$47.91M | -$44.6M | -$76.59M | -$108.19M | $67.26M | -$344.65M | -$179.63M | -$169.4M | -$146.96M | -$140.54M | -$152.5M | -$209.78M | -$305.76M | -$307.36M | -$233.7M | -$118.12M | -$77.15M | -$66.31M | -$207.37M | -$49.79M | -$25.24M |
| Operating Margin | 11.1% | 25.4% | 4.4% | -64.3% | -62.3% | -73.5% | -70.7% | -274.9% | -921.1% | 38.5% | - | - | - | -419885.7% | -281078.0% | -163976.3% | - | -1528825.0% | -3073570.0% | -233697.0% | - | - | - | - | -15273.6% | -16390.9% |
| Interest Expense | $13.83M | $37.98M | $25.16M | $24.77M | $16.58M | $9.47M | $10.91M | $9.44M | $13.28M | $18.48M | $24.13M | $20.44M | $21.46M | $21.63M | $21.82M | $17.38M | $10.45M | $2.34M | $3.41M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $12.62M | $6.15M | $2.51M | $112K | $167K | $997K | $501K | $293K | $85K | $18K | $9K | $8K | $7K | $18K | $40K | $70K | $5.13M | $17.77M | $0 | $3.71M | $932K | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$37.39M | -$42.07M | -$19.05M | -$23.29M | -$33.9M | -$9.54M | -$7.31M | -$10.14M | -$9.09M | $58.4M | -$23.79M | -$18.75M | -$22.09M | -$22.81M | -$20.27M | -$18.06M | -$10.33M | $2.73M | $14.17M | $3.15M | $3.79M | $1.16M | $434K | $1.1M | $1.55M | $583K |
| Income Before Tax (EBT) | $1.41M | $30.52M | -$10.38M | -$87.4M | -$80.93M | -$57.46M | -$51.9M | -$86.73M | -$117.28M | $125.66M | -$368.44M | -$198.38M | -$191.49M | -$169.77M | -$160.8M | -$170.56M | -$220.1M | -$303.04M | -$293.19M | -$230.54M | -$114.34M | -$75.99M | -$65.88M | -$206.26M | -$48.24M | -$24.66M |
| Income Tax Expense | -$4.46M | $2.93M | $1.56M | $0 | $0 | -$218K | $0 | $240K | $51K | $0 | $0 | $0 | $0 | -$408K | $0 | $738K | $0 | $2K | $3K | $5K | $1K | $1K | $1K | $2K | $2K | $2K |
| Net Income | $5.86M | $27.59M | -$11.94M | -$87.4M | -$80.93M | -$57.24M | -$51.9M | -$86.97M | -$117.33M | $125.66M | -$368.44M | -$198.38M | -$191.49M | -$169.37M | -$160.8M | -$170.56M | -$220.1M | -$303.04M | -$293.19M | -$230.55M | -$114.34M | -$75.99M | -$65.88M | -$206.26M | -$48.24M | -$24.66M |
| Net Income Margin | 1.7% | 9.7% | -6.0% | -87.6% | -107.3% | -87.9% | -82.3% | -312.2% | -999.0% | 71.9% | - | - | - | -483902.9% | -321608.0% | -183397.8% | - | -1515195.0% | -2931900.0% | -230548.0% | - | - | - | - | -14799.1% | -16013.6% |
| Supplementary Data | ||||||||||||||||||||||||||
| EPS | 0.02 | 0.10 | -0.04 | -0.44 | -0.37 | -0.26 | -0.31 | -0.60 | -1.13 | 1.37 | -4.54 | -2.57 | -3.20 | -4.68 | -6.60 | -7.50 | -10.33 | -14.92 | -18.32 | -22.62 | -14.34 | -15.07 | -17.82 | -76.55 | -22.90 | -19.64 |
| Diluted EPS | 0.02 | 0.10 | -0.04 | -0.44 | -0.37 | -0.26 | -0.31 | -0.60 | -1.13 | 1.36 | -4.54 | -2.57 | -3.20 | -4.68 | -6.60 | -7.50 | -10.33 | -14.92 | -18.32 | -22.62 | -14.34 | -15.07 | -17.82 | -76.55 | -22.90 | -19.64 |
| Weighted Average OS | 305.64M | 274.42M | 267.01M | 257.09M | 249.24M | 222.59M | 195.58M | 144.14M | 103.83M | 92.05M | 81.16M | 77.05M | 59.92M | 36.17M | 24.36M | 22.73M | 21.31M | 20.31M | 16.01M | 10.19M | 7.97M | 5.04M | 3.70M | 2.69M | 2.11M | 1.26M |
| EBITDA | $27.52M | $77.47M | $16.39M | -$56.32M | -$61.1M | -$44.66M | -$38.84M | -$75.6M | -$100.48M | $148.3M | -$344.65M | -$160.18M | -$155.97M | -$133.74M | -$123.68M | -$135.86M | -$190.93M | -$288.41M | -$280.81M | -$225.18M | -$106.95M | -$68.81M | -$58.63M | -$51.35M | $289K | -$25.45M |
| EBITDA Margin | 7.9% | 27.1% | 8.2% | -56.4% | -81.0% | -68.6% | -61.6% | -271.4% | -855.5% | 84.9% | - | - | - | -382120.0% | -247354.0% | -146084.9% | - | -1442055.0% | -2808060.0% | -225180.0% | - | - | - | - | 88.7% | -16523.4% |
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 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 | 2000-12-31 |
| Assets | |||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||
| Cash and Cash Equivalents | $74.88M | $46.34M | $238.48M | $69.77M | $124.18M | $67M | $29.91M | $71.16M | $43.95M | $22.89M | $59.07M | $120.84M | $70.79M | $61.84M | $2.68M | $66.06M | $30.02M | $27.65M | $368.29M | $319.56M | $56.04M | $78.99M | $54.12M | $19.92M | $0 |
| Short-Term Investments | $96.46M | $150.92M | $56.62M | $101.08M | $79.93M | $0 | $19.98M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $515K | $4.37M | $2.48M | $18.84M | $0 | $116.92M | $89.6M | $11.55M | $1.82M | $11.13M | $0 |
| Cash and Short-Term Investments | $171.35M | $197.26M | $295.1M | $170.85M | $204.12M | $67M | $49.88M | $71.16M | $43.95M | $22.89M | $59.07M | $120.84M | $70.79M | $61.84M | $3.2M | $70.43M | $32.49M | $46.49M | $368.29M | $436.48M | $145.63M | $90.53M | $55.95M | $31.05M | $0 |
| Accounts Receivable | $38.37M | $11.8M | $14.9M | $16.8M | $4.74M | $4.22M | $3.51M | $4.02M | $2.79M | $30.86M | $23K | $50.44M | $0 | $450K | $0 | $674K | $1.5M | $1.5M | $831K | $2.42M | $1.19M | $1.5M | $0 | $0 | $0 |
| Inventory | $35.31M | $27.89M | $28.55M | $21.77M | $7.15M | $4.97M | $4.16M | $3.6M | $2.66M | $2.33M | $13.54M | $9.67M | -$298K | -$450K | -$473K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $46.55M | $31.36M | $34.85M | $25.48M | $0 | $158K | $316K | $527K | $5.21M | $17.04M | $13.54M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $583K | $0 | $0 | $0 |
| Total Current Assets | $291.58M | $268.31M | $373.39M | $234.9M | $219.49M | $79.48M | $60.76M | $81.85M | $57.22M | $77.49M | $76.65M | $201.15M | $76.28M | $66.81M | $5.82M | $73.95M | $37.67M | $53.98M | $378.71M | $449.55M | $149.87M | $95.88M | $57.8M | $32M | $0 |
| Long-Term Assets | |||||||||||||||||||||||||
| Property, Plant & Equipment Net | $82.42M | $85.36M | $84.22M | $45.13M | $36.61M | $25.87M | $26.78M | $25.6M | $26.92M | $28.93M | $48.75M | $192.13M | $176.56M | $183.96M | $193.03M | $202.36M | $208.23M | $226.44M | $162.68M | $88.33M | $76.18M | $66.51M | $67.32M | $72.67M | $0 |
| Goodwill | $67.59M | $1.93M | $1.93M | $2.43M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $5.07M | $5.26M | $1.07M | $1.15M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $5.01M | $5.48M | $7.16M | $1.96M | $56.62M | $0 | $0 | $0 | $0 | $0 | $0 | $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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $340.5M | $27.49M | $7.43M | $9.72M | $8.44M | $3.27M | $6.19M | $249K | $437K | $648K | $1.01M | $1.16M | $5.81M | $543K | $703K | $946K | $1.5M | $2.05M | $2.05M | $1.86M | $2.32M | $1.09M | $749K | $97K | $0 |
| Total Long-Term Assets | $500.6M | $125.54M | $101.81M | $60.39M | $101.67M | $29.13M | $32.97M | $25.85M | $27.36M | $29.57M | $49.76M | $193.29M | $182.37M | $184.5M | $193.73M | $203.3M | $209.73M | $228.48M | $164.73M | $90.19M | $78.5M | $67.6M | $68.07M | $72.77M | $0 |
| 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 | $42.65M |
| Total Assets | $792.18M | $393.84M | $475.2M | $295.28M | $321.16M | $108.61M | $93.72M | $107.7M | $84.58M | $107.06M | $126.41M | $394.44M | $258.65M | $251.31M | $199.55M | $277.26M | $247.4M | $282.46M | $543.44M | $539.74M | $228.37M | $163.48M | $125.88M | $104.77M | $42.65M |
| Liabilities | |||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||
| Accounts Payable | $9.03M | $6.79M | $9.58M | $11.05M | $6.96M | $5.58M | $4.79M | $5.38M | $6.98M | $3.26M | $15.6M | $7.39M | $3.86M | $4.55M | $4.62M | $3.29M | $6.52M | $15.63M | $35.46M | $10.71M | $3.55M | $3.48M | $1.93M | $4.21M | $0 |
| Short-Term Debt | $49.24M | $0 | $20M | $9.56M | $6.98M | $4.06M | $5.03M | $11.3M | $52.74M | $71.34M | $74.58M | $172.35M | $102.3M | $114.44M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $49K | $1.56M | $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 | $15.33M | $12.41M | $9.09M | $1.73M | $827K | $33.27M | $32.5M | $50.87M | $3.04M | $3.42M | $17.5M | $216.07M | $15.93M | $24.48M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.36M | $0 | $0 |
| Other Current Liabilities | $69.78M | $30.37M | $30.97M | $16.43M | $9.53M | $13.46M | $10.13M | $46.76M | $12.97M | $6.45M | $173.96M | $206.28M | $6.05M | $15.7M | $11.74M | $0 | $0 | $0 | $0 | $26.99M | $0 | $7.24M | $1.41M | $1.86M | $0 |
| Total Current Liabilities | $171.03M | $81.84M | $104.13M | $67.3M | $48.35M | $73.7M | $65.62M | $75.24M | $87.6M | $92.05M | $268.32M | $403.35M | $127.79M | $144.78M | $25.36M | $18.13M | $28.85M | $53.47M | $67.56M | $44.96M | $21.36M | $13.04M | $8.71M | $7.83M | $0 |
| Long-Term Liabilities | |||||||||||||||||||||||||
| Long-Term Debt | $320.36M | $36.05M | $248.7M | $273.49M | $281.2M | $118.17M | $113.87M | $91.19M | $104.08M | $77.16M | $139.5M | $49.52M | $147.96M | $217.22M | $487.85M | $444.65M | $277.76M | $142.25M | $111.76M | $111.27M | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $39.98M | $51.16M | $69.79M | $37.68M | $24.49M | $1.66M | $8.34M | $10.68M | $500K | $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 | -$10.68M | -$500K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $208.05M | $291.97M | $294.82M | $162.01M | $175.43M | $94.28M | $93.9M | $105.68M | $107.63M | $121.45M | $68.92M | $15.34M | $13.61M | $0 | $0 | $0 | $0 | $0 | $24K | $24K | $29K | $76K | $5.59M | $6.17M | $0 |
| Total Long-Term Liabilities | $672.17M | $390.82M | $617.24M | $478.52M | $482.16M | $215.32M | $218.63M | $207.55M | $211.71M | $198.6M | $208.42M | $64.86M | $161.56M | $217.22M | $487.85M | $444.65M | $277.76M | $142.25M | $111.78M | $111.29M | $29K | $76K | $5.59M | $6.17M | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10.76M |
| Total Liabilities | $843.2M | $472.66M | $721.37M | $545.82M | $530.51M | $289.03M | $284.25M | $282.79M | $299.31M | $290.66M | $476.75M | $468.21M | $289.36M | $361.99M | $513.21M | $462.79M | $306.62M | $195.72M | $179.34M | $156.25M | $21.39M | $13.12M | $14.3M | $14M | $10.76M |
| Stockholders' Equity | |||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $46.85M | $15M | $0 |
| Common Stock | $3.08M | $3.03M | $2.7M | $2.64M | $2.52M | $2.42M | $2.12M | $1.87M | $1.19M | $4.78M | $4.29M | $4.06M | $3.7M | $2.86M | $1.31M | $1.28M | $1.13M | $1.02M | $1.01M | $734K | $503K | $327K | $200K | $165K | $0 |
| Retained Earnings | -$3.2B | -$3.2B | -$3.23B | -$3.22B | -$3.13B | -$3.05B | -$2.99B | -$2.94B | -$2.85B | -$2.74B | -$2.86B | -$2.49B | -$2.3B | -$2.1B | -$1.94B | -$1.77B | -$1.6B | -$1.38B | -$1.08B | -$787.85M | -$557.3M | -$442.96M | -$366.97M | -$301.09M | -$46.58M |
| Comprehensive Income & Other | $115K | $1.11M | $0 | $0 | $0 | $0 | -$19K | -$19K | -$18K | -$24K | -$20K | -$14K | -$4K | -$6K | $44K | $74K | -$281K | $295K | -$40.73M | -$33.15M | -$25.38M | -$19.37M | -$1.64M | -$1.31M | $0 |
| Other Stockholders' Equity | $3.14B | $3.12B | $2.98B | $2.96B | $2.92B | $2.87B | $2.8B | $2.76B | $2.64B | $2.55B | $2.51B | $2.42B | $2.26B | $1.99B | $1.62B | $1.59B | $1.54B | $1.47B | $1.44B | $1.17B | $763.77M | $593M | $478.35M | $391.7M | $78.47M |
| Total Equity | -$51.02M | -$78.82M | -$246.17M | -$250.54M | -$209.35M | -$180.42M | -$190.53M | -$175.08M | -$214.73M | -$183.59M | -$350.33M | -$73.77M | -$30.71M | -$110.68M | -$313.65M | -$185.53M | -$59.22M | $86.73M | $364.1M | $383.49M | $206.98M | $150.36M | $111.58M | $90.77M | $31.89M |
| 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 |
| Total Liabilities and Equity | $792.18M | $393.84M | $475.2M | $295.28M | $321.16M | $108.61M | $93.72M | $107.7M | $84.58M | $107.06M | $126.41M | $394.44M | $258.65M | $251.31M | $199.55M | $277.26M | $247.4M | $282.46M | $543.44M | $539.74M | $228.37M | $163.48M | $125.88M | $104.77M | $42.65M |
| Supplementary Data | |||||||||||||||||||||||||
| Total Debt | $473.38M | $47.7M | $272.62M | $288.4M | $289.22M | $123.44M | $121.41M | $102.49M | $156.82M | $148.5M | $139.5M | $49.52M | $147.96M | $217.22M | $487.85M | $444.65M | $277.76M | $142.25M | $111.76M | $111.27M | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $398.5M | $1.36M | $34.14M | $218.63M | $165.03M | $56.43M | $91.51M | $31.33M | $112.88M | $125.6M | $80.43M | -$71.32M | $77.17M | $155.38M | $485.16M | $378.59M | $247.75M | $114.61M | -$256.52M | -$208.29M | -$56.04M | -$78.99M | -$54.12M | -$19.92M | $0 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Operating Activities | ||||||||||||||||||||||||
| Net Income | $5.86M | $27.59M | -$11.94M | -$87.4M | -$80.93M | -$57.24M | -$51.9M | -$86.97M | -$117.33M | $125.66M | -$368.44M | -$198.38M | -$191.49M | -$169.37M | -$160.8M | -$170.56M | -$220.1M | -$303.04M | -$293.19M | -$230.55M | -$114.34M | -$75.99M | -$65.88M | -$206.26M |
| Depreciation & Amortization | $12.28M | $8.97M | $5.8M | $6.31M | $3.24M | $3.33M | $2.15M | $1.7M | $3.53M | $4.16M | $13.28M | $18.57M | $14.06M | $14.4M | $15.91M | $17.32M | $18.73M | $12.29M | $8.97M | $8.52M | $7.39M | $7.18M | $7.66M | $5.07M |
| Deferred Income Tax | -$4.97M | $0 | $0 | $0 | $12.64M | $10.65M | -$4.57M | $0 | $12.94M | -$79.57M | $180.43M | $1.49M | $817K | $2.04M | $160.8M | $644K | $12.87M | $213K | -$10.6M | -$14.59M | $0 | -$4.5M | $0 | $0 |
| Stock-Based Compensation | $24.2M | $21.36M | $17.65M | $0 | $12.2M | $6.51M | $6.2M | $6.86M | $4.85M | $5.13M | $8.72M | $48.62M | $45.19M | $13.29M | $11.2M | $13.58M | $20.22M | $24.79M | $17.64M | $14.67M | $0 | $4.5M | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||
| Accounts Receivable | -$4.76M | $2.65M | $2.35M | -$11.81M | -$776K | -$705K | $504K | -$1.34M | -$2.49M | -$302K | $51.58M | -$63.51M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $10.4M | -$3.2M | $4.57M | -$5.67M | -$4.08M | -$1.31M | -$558K | -$3.15M | -$3.3M | -$2.33M | -$26.43M | -$9.67M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$16.71M | -$2.79M | -$1.47M | $4.1M | $1.37M | $793K | -$593K | -$1.6M | $3.8M | -$12.12M | $8.41M | $3.62M | -$1.07M | $44K | $2.67M | -$4.29M | -$6.37M | -$14.62M | $16.27M | $7.17M | $0 | -$2.28M | $0 | $0 |
| Other Working Capital | -$75.27M | -$33.14M | $9.18M | -$10.67M | -$14.25M | -$8.55M | -$11.71M | $42.78M | $29.56M | -$124.52M | $7.41M | $203.35M | $3.77M | $13.24M | $7.19M | -$5.35M | -$9.41M | $9.31M | -$2.83M | $8.04M | $7.58M | $3.87M | -$1.89M | $881K |
| Total Working Capital Change | -$86.35M | -$36.47M | $14.63M | -$24.05M | -$17.73M | -$9.78M | -$12.36M | $36.68M | $27.57M | -$139.27M | $40.97M | $133.79M | $2.7M | $13.28M | $9.86M | -$9.64M | -$15.79M | -$5.3M | $13.44M | $15.21M | $7.58M | $1.58M | -$1.89M | $881K |
| Other Non-Cash Items | $67.23M | $21.07M | $7.96M | $24.45M | $8.86M | $18.4M | -$28M | $5.71M | $3.67M | $5.79M | $67.81M | -$10K | $2K | $6.49M | -$160.81M | -$6K | -$7K | -$237K | $18.59M | $16.95M | -$1.86M | $7.32M | $7.34M | $151.65M |
| Net Cash from Operating | $18.25M | $42.51M | $34.09M | -$80.7M | -$61.71M | -$28.13M | -$88.48M | -$37.73M | -$64.78M | -$78.09M | -$57.23M | $4.09M | -$128.73M | -$119.86M | -$123.84M | -$148.65M | -$184.08M | -$271.29M | -$245.15M | -$189.79M | -$101.23M | -$59.91M | -$52.77M | -$48.67M |
| Investing Activities | ||||||||||||||||||||||||
| Capital Expenditures | -$4.57M | -$9.69M | -$42.44M | -$7.59M | -$11.47M | -$4.78M | -$2.56M | -$354K | $0 | -$1.14M | -$10.29M | -$24.1M | -$7.99M | -$637K | -$6.86M | -$9.54M | -$18.85M | -$82.45M | -$78.26M | -$20.77M | -$17.17M | -$6.89M | -$5.18M | -$34.15M |
| Acquisitions | -$347.74M | $0 | $0 | -$15.34M | -$56.06M | -$3.98M | $0 | $120K | $24K | $17K | $82K | $0 | $0 | $0 | $0 | $0 | -$70K | $0 | $0 | $0 | $90K | -$75K | $0 | $0 |
| Purchases of Investments | -$157.8M | -$273.79M | -$79.09M | -$5M | -$199.13M | -$16.02M | -$44.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4.18M | -$2M | -$63.65M | -$169.8M | -$154.43M | -$258.15M | -$16.35M | -$50.06M | -$71.06M |
| Sales of Investments | $221.72M | $58.13M | $119.17M | $0 | $59.06M | $20M | $24.99M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.83M | $2M | $17.8M | $46.1M | $286.73M | $126.9M | $180.25M | $13.65M | $59.29M | $59.85M |
| Other Investing Activities | -$16.41M | $128.71M | $382K | $32.8M | $56.06M | $20M | -$300K | $120K | $16.68M | $17K | $82K | $0 | $0 | $77K | $93K | $0 | $70K | $70K | $0 | $32K | $583K | $75K | $75K | $0 |
| Net Cash from Investing | -$304.8M | -$96.65M | -$1.99M | $4.87M | -$151.54M | $15.22M | -$22.84M | -$234K | $16.68M | -$1.13M | -$10.2M | -$24.1M | -$7.99M | -$560K | -$2.94M | -$11.72M | -$3.05M | -$99.93M | $38.66M | -$48.27M | -$94.4M | -$9.6M | $4.13M | -$45.35M |
| Financing Activities | ||||||||||||||||||||||||
| Debt Repaid | -$324.27M | $133.17M | $6.86M | $1.09M | -$281.08M | -$14.87M | -$63.7M | $5M | -$15.43M | $5M | $64.29M | -$60M | -$4.5M | -$12.75M | -$53M | -$182.78M | -$135M | -$30M | - | -$111.27M | - | - | -$1.41M | $24K |
| Common Stock Issuance | $0 | -$6.09M | $6.89M | $22.56M | $1.89M | $23.66M | $3.2M | $70.52M | $61.56M | $50.89M | $68.68M | $40.12M | $53.52M | $167.74M | $10.94M | $17.02M | $61.51M | $902K | $255.74M | $390.66M | $172.68M | $84.73M | $50.62M | $58.91M |
| Common Stock Repurchases | -$3.26M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$26.91M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.03M | $0 |
| 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 |
| Other Financing Activities | -$5.91M | $1.99M | $136.58M | -$62K | -$12.7M | $11.31M | $2.97M | -$4.22M | -$120K | -$2.85M | $1.27M | -$2.28M | $87.64M | -$906K | -$547K | -$3.39M | -$7M | -$317K | -$524K | -$340K | $0 | $16.75M | $31.85M | $1.31M |
| Net Cash from Financing | $315.1M | -$137.27M | $136.61M | $21.41M | $270.27M | $49.85M | $69.86M | $61.29M | $73.56M | $43.04M | $5.67M | $70.06M | $145.67M | $179.58M | $63.39M | $196.42M | $189.51M | $30.59M | $255.21M | $501.58M | $172.68M | $101.48M | $82.85M | $60.2M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $28.55M | -$191.4M | $168.71M | -$54.42M | $57.02M | $36.94M | -$41.46M | $23.33M | $25.46M | -$36.18M | -$61.77M | $50.05M | $8.95M | $59.16M | -$63.38M | $36.04M | $2.37M | -$340.64M | $48.73M | $263.52M | -$22.95M | $31.97M | $34.2M | -$33.81M |
| Supplementary Data | ||||||||||||||||||||||||
| Operating Cash Flow | $18.25M | $42.51M | $34.09M | -$80.7M | -$61.71M | -$28.13M | -$88.48M | -$37.73M | -$64.78M | -$78.09M | -$57.23M | $4.09M | -$128.73M | -$119.86M | -$123.84M | -$148.65M | -$184.08M | -$271.29M | -$245.15M | -$189.79M | -$101.23M | -$59.91M | -$52.77M | -$48.67M |
| Capital Expenditure | -$4.57M | -$9.69M | -$42.44M | -$7.59M | -$11.47M | -$4.78M | -$2.56M | -$354K | $0 | -$1.14M | -$10.29M | -$24.1M | -$7.99M | -$637K | -$6.86M | -$9.54M | -$18.85M | -$82.45M | -$78.26M | -$20.77M | -$17.17M | -$6.89M | -$5.18M | -$34.15M |
| Free Cash Flow | $13.69M | $32.82M | -$8.35M | -$88.29M | -$73.17M | -$32.91M | -$91.05M | -$38.09M | -$64.78M | -$79.23M | -$67.52M | -$20.01M | -$136.72M | -$120.5M | -$130.69M | -$158.2M | -$202.94M | -$353.74M | -$323.41M | -$210.57M | -$118.4M | -$66.81M | -$57.95M | -$82.81M |
| Cash at Beginning | $47.08M | $238.48M | $69.77M | $124.18M | $67.16M | $30.22M | $71.68M | $48.35M | $22.89M | $59.07M | $120.84M | $70.79M | $61.84M | $2.68M | $66.06M | $30.02M | $27.65M | $368.29M | $319.56M | $56.04M | $78.99M | $47.02M | $19.92M | $53.73M |
| Cash at End | $75.63M | $47.08M | $238.48M | $69.77M | $124.18M | $67.16M | $30.22M | $71.68M | $48.35M | $22.89M | $59.07M | $120.84M | $70.79M | $61.84M | $2.68M | $66.06M | $30.02M | $27.65M | $368.29M | $319.56M | $56.04M | $78.99M | $54.12M | $19.92M |