TG THERAPEUTICS, INC. (TGTX)
Based in New York City and established in 1993, TG Therapeutics, Inc. is a biopharmaceutical company that has advanced to the commercial stage. Its core mission revolves around the acquisition, advancement, and marketing of novel therapeutic solutions. The company's focus areas specifically include B-cell related cancers (malignancies) and various autoimmune disorders. Among its significant investigational therapeutic candidates is Ublituximab, a distinctive glycoengineered monoclonal antibody currently undergoing evaluation. It targets B-cell non-Hodgkin lymphoma, chronic lymphocytic leukemia (CLL), and the relapsing forms of multiple sclerosis. Another compound in its pipeline is Umbralisib, an orally administered inhibitor designed to block PI3K-delta and CK1-epsilon enzymes. This treatment is being investigated for its effectiveness against CLL, marginal zone lymphoma, and follicular lymphoma. TG Therapeutics is also developing Cosibelimab, an IgG1 human monoclonal antibody that functions by binding to programmed death-ligand 1 (PD-L1) and subsequently preventing its interaction with PD-1 and B7.1 receptors. Furthermore, the company is advancing TG-1701, an oral, covalently-bound Bruton's tyrosine kinase (BTK) inhibitor, notably more selective for BTK compared to ibrutinib in laboratory screenings. Completing this clinical-stage portfolio is TG-1801, a bispecific antibody engineered to simultaneously target CD47 and CD19. Beyond its clinical-stage assets, the company possesses various licensed preclinical programs, including those addressing BET, interleukin-1 receptor associated kinase-4, and GITR. To enhance its research and development capabilities, TG Therapeutics has forged collaboration agreements with entities such as Checkpoint Therapeutics, Inc., Jiangsu Hengrui Medicine Co., Novimmune SA, Ligand Pharmaceuticals Incorporated, and Jubilant Biosys. The company also maintains strategic alliances with partners including LFB Biotechnologies S.A.S, GTC Biotherapeutics, LFB/GTC LLC, Ildong Pharmaceutical Co. Ltd., and Rhizen Pharmaceuticals, S A.
Sector: Pharmaceutical Preparations
Industry: Biotechnology
TG Therapeutics, Inc.
NASDAQ:TGTXHealthcare · Biotechnology
+5.34%$61.18
AH$61.80+1.01%vs close
Mkt Cap$9.36B
Float147.28M
O/S153.07M
Vol
$ Vol
RVOL
Inst Own72.6%
SI20.1%
Earnings
Dilution
Financials Summary
Revenue$616.29M
Net Income$447.18M
Total Assets$1.06B
Free Cash Flow-$24.99M
Debt & Equity
Debt 29%
Equity 71%
Total Debt$260.73M
Total Equity$648.02M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:56.3Reverse splitApr 30, 201256.3 shares → 1
Balance Sheet Details
Assets$1.06B
Liabilities$415.23M
Accounts Receivable$305.63M
Accounts Payable$107.51M
Inventory$125.59M
PP&E (Net)$6.28M
Goodwill$0
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 | 1998-12-31 | 1997-12-31 | 1996-12-31 |
| Revenue | $616.29M | $329M | $233.66M | $2.79M | $6.69M | $152K | $152K | $152K | $152K | $152K | $152K | $152K | $152K | $19K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $500K | $2.71M | $5.36M | $1.2M | $3M | $100K | $100K |
| YoY Growth | 87.3% | 40.8% | 8290.0% | -58.4% | 4300.7% | 0.0% | 0.0% | -0.3% | 0.0% | 0.0% | 0.0% | 0.0% | 700.0% | - | - | - | - | - | - | - | - | - | - | -81.6% | -49.4% | 346.6% | -60.0% | 2900.0% | 0.0% | - |
| Cost of Revenue | $100.71M | $38.49M | $14.13M | $265K | $790K | $0 | $0 | $88K | $82K | $63K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.08M | $4.06M | $800K | -$200K | -$100K | $0 |
| Gross Profit | $515.57M | $290.52M | $219.53M | $2.52M | $5.9M | $152K | $152K | $64K | $70K | $89K | $152K | $152K | $152K | $19K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $500K | $629K | $1.3M | $400K | $3.2M | $200K | $100K |
| Gross Margin | 83.7% | 88.3% | 94.0% | 90.5% | 88.2% | 100.0% | 100.0% | 42.1% | 46.0% | 58.7% | 100.0% | 100.0% | 100.0% | 100.0% | - | - | - | - | - | - | - | - | - | 100.0% | 23.2% | 24.3% | 33.3% | 106.7% | 200.0% | 100.0% |
| Research and Development | $160.22M | $94.29M | $76.19M | $125.35M | $222.58M | $165.9M | $154.18M | $153.79M | $96.89M | $66.49M | $43.45M | $31.35M | $12.62M | $20.57M | $327K | $496K | $40K | $1.8M | $8.54M | $6.17M | $17.07M | $4.15M | $1.72M | $540K | $887K | $1.13M | $1.1M | $3M | $2.6M | $1.1M |
| Selling, General, and Administrative | $232.03M | $154.3M | $122.71M | $95.48M | $128.09M | $107.85M | $15.03M | $15.16M | $16.33M | $9.89M | $15.63M | $15.79M | $6.66M | $4.78M | $555K | $1.52M | $1.73M | $2.61M | $3.61M | $3.83M | $2.29M | $1.99M | $1.79M | $1.51M | $2.85M | $3.26M | $1.9M | $2.7M | $2.8M | $2.8M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $61K | -$59K | $393K | $1.03M | $815K | $3.41M | $1.93M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.25M | $0 | $0 | $76K | $100K | $200K | $100K | $0 |
| Total Operating Expenses | $392.25M | $248.59M | $198.9M | $220.84M | $350.67M | $273.75M | $169.21M | $174.55M | $118.86M | $79.12M | $63.33M | $55.87M | $20.32M | $25.81M | $882K | $2.02M | $1.77M | $4.41M | $12.14M | $10M | $19.36M | $6.14M | $4.76M | $2.05M | $3.74M | $4.46M | $3.1M | $5.9M | $5.5M | $3.9M |
| Operating Income (EBIT) | $123.32M | $41.93M | $20.63M | -$218.32M | -$344.77M | -$273.59M | -$169.06M | -$174.4M | -$118.71M | -$78.97M | -$63.18M | -$55.72M | -$22.97M | -$26.9M | -$882K | -$2.02M | -$1.77M | -$4.41M | -$12.14M | -$10M | -$19.36M | -$6.14M | -$4.76M | -$1.55M | -$3.11M | -$3.16M | -$2.7M | -$2.7M | -$5.3M | -$3.8M |
| Operating Margin | 20.0% | 12.7% | 8.8% | -7839.0% | -5154.3% | -179996.1% | -111220.4% | -114736.8% | -77904.6% | -51823.5% | -41461.9% | -36567.0% | -15071.4% | -141196.4% | - | - | - | - | - | - | - | - | - | -310.6% | -114.6% | -59.0% | -225.0% | -90.0% | -5300.0% | -3800.0% |
| Interest Expense | $26.73M | $24.03M | $12.62M | $10.19M | $5.64M | $6.33M | $5.29M | $1.73M | $1.14M | $0 | $973K | $931K | $953K | $906K | $7K | $1.27M | $548K | $65K | $476 | $2K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $857K | $294K | $323K | $175K | $55K | $31K | $16K | $0 | $548K | $587K | $459K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$15.93M | -$16.34M | -$7.57M | -$5.5M | -$3.33M | -$5.79M | -$3.82M | $918K | $236K | $716K | $231K | -$60K | -$310K | -$63K | -$7K | $3.36M | -$522K | $394K | $112K | -$1K | $6K | $71K | -$2.46M | -$540K | $1.33M | -$2.73M | $0 | $0 | $200K | $200K |
| Income Before Tax (EBT) | $107.39M | $25.59M | $13.06M | -$223.81M | -$348.1M | -$279.38M | -$172.87M | -$173.48M | -$118.48M | -$78.25M | -$62.95M | -$55.78M | -$20.48M | -$25.85M | -$889K | $1.35M | -$2.83M | -$4.66M | -$12.03M | -$10M | -$19.35M | -$6.07M | -$7.22M | -$1.56M | -$1.78M | -$5.9M | $0 | $0 | -$5.1M | -$3.6M |
| Income Tax Expense | -$339.79M | $2.21M | $390K | $0 | $0 | $0 | $0 | -$918K | -$236K | -$716K | -$231K | $60K | -$2.49M | $330K | $0 | -$2.64M | $1.02M | -$144K | -$112K | -$305K | -$216K | -$247K | $1.2M | -$6K | -$1.37M | $2.64M | -$300K | $100K | $100K | $0 |
| Net Income | $447.18M | $23.38M | $12.67M | -$223.81M | -$348.1M | -$279.38M | -$172.87M | -$173.48M | -$118.48M | -$78.25M | -$62.95M | -$55.78M | -$20.48M | -$18.07M | -$853K | $624K | -$2.79M | -$4.27M | -$12.03M | -$9.7M | -$19.14M | -$5.9M | -$5.96M | -$1.55M | -$1.73M | -$5.8M | -$2.4M | -$2.8M | -$5.2M | -$3.6M |
| Net Income Margin | 72.6% | 7.1% | 5.4% | -8036.3% | -5204.1% | -183803.3% | -113730.9% | -114132.9% | -77749.9% | -51353.4% | -41310.0% | -36606.5% | -13438.8% | -94879.9% | - | - | - | - | - | - | - | - | - | -309.4% | -64.0% | -108.3% | -200.0% | -93.3% | -5200.0% | -3600.0% |
| Supplementary Data | ||||||||||||||||||||||||||||||
| EPS | 3.10 | 0.16 | 0.09 | -1.46 | -2.63 | -2.42 | -1.96 | -2.30 | -1.91 | -1.60 | -1.38 | -1.64 | -0.81 | -1.38 | -0.44 | 15.68 | -111.24 | -170.00 | -497.55 | -453.62 | -1236.34 | -615.64 | -748.86 | -347.70 | -1528.59 | -13339.03 | -7017.54 | -8750.00 | -23853.21 | -17391.30 |
| Diluted EPS | 2.77 | 0.15 | 0.09 | -1.46 | -2.63 | -2.42 | -1.96 | -2.30 | -1.91 | -1.60 | -1.38 | -1.64 | -0.81 | -1.38 | -0.44 | 15.68 | -111.24 | -170.00 | -497.55 | -453.62 | -1236.34 | -615.64 | -748.86 | -347.70 | -1528.59 | -13339.03 | -7017.54 | -8750.00 | -23853.21 | -17391.30 |
| Weighted Average OS | 144.32M | 145.32M | 141.96M | 135.41M | 132.22M | 115.33M | 88.37M | 75.47M | 62.07M | 49.04M | 45.65M | 34.07M | 25.41M | 13.11M | 1.93M | 39,778 | 25,111 | 25,111 | 24,183 | 21,373 | 15,482 | 9,577 | 7,960 | 4,449 | 1,135 | 435 | 342 | 320 | 218 | 207 |
| EBITDA | $134.36M | $49.9M | $26.1M | -$213.11M | -$341.97M | -$272.68M | -$167.3M | -$173.39M | -$118.39M | -$78.91M | -$63.16M | -$55.72M | -$19.52M | -$24.95M | -$882K | $1.9M | -$1.74M | -$3.93M | -$11.98M | -$9.63M | -$19.09M | -$5.87M | -$2.11M | -$995K | -$3.04M | -$3.09M | -$2.6M | -$3M | -$5.2M | -$3.7M |
| EBITDA Margin | 21.8% | 15.2% | 11.2% | -7651.9% | -5112.4% | -179393.4% | -110067.1% | -114075.0% | -77695.8% | -51782.0% | -41451.7% | -36564.4% | -12812.8% | -130969.0% | - | - | - | - | - | - | - | - | - | -199.1% | -112.1% | -57.6% | -216.7% | -100.0% | -5200.0% | -3700.0% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 | 1998-12-31 | 1997-12-31 | 1996-12-31 |
| Assets | ||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $79.15M | $179.89M | $92.93M | $102.3M | $298.89M | $553.44M | $112.64M | $41.96M | $56.72M | $25.03M | $55.06M | $55.71M | $40.49M | $16.46M | $9.75M | $479K | $18K | $106K | $650K | $3.03M | $9.83M | $906K | $7.41M | $116K | $1.59M | $2.66M | $3.5M | $5.8M | $8.5M | $2.3M |
| Short-Term Investments | $62.82M | $131.11M | $124.58M | $59.37M | $15.88M | $51.99M | $27.8M | $26.85M | $28M | $19.85M | $22.17M | $23.06M | $4.95M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.01M | $4.51M | $352K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $141.97M | $311M | $217.51M | $161.68M | $314.76M | $605.43M | $140.44M | $68.81M | $84.83M | $44.97M | $102.42M | $78.86M | $45.43M | $16.46M | $9.75M | $479K | $18K | $106K | $650K | $3.03M | $10.83M | $5.42M | $7.77M | $116K | $1.59M | $2.66M | $3.5M | $5.8M | $8.5M | $2.3M |
| Accounts Receivable | $305.63M | $129.19M | $51.09M | $0 | $1.39M | $0 | $0 | $95K | $108K | $84K | $186K | $86K | $27K | $0 | $0 | $244K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $193K | $300K | $400K | $0 | $0 |
| Inventory | $125.59M | $110.46M | $39.82M | $0 | $0 | $0 | $0 | $9.69M | $7.95M | $5.59M | -$16.04M | $6.09M | -$3.2M | $0 | $0 | $4K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $57.58M | $15.72M | $5.34M | $2.36M | $2.88M | $1.08M | $611K | $344K | $328K | $216K | $308K | $174K | $48K | $29K | $87K | $142K | $246K | $730K | $0 | $0 | $0 | $0 | $0 | $59K | $0 | $0 | $0 | $100K | $0 | $0 |
| Total Current Assets | $630.76M | $566.36M | $317.94M | $168.27M | $330.96M | $611.74M | $149.15M | $79.03M | $93.32M | $50.86M | $86.87M | $85.22M | $42.3M | $18.48M | $9.84M | $869K | $264K | $874K | $866K | $3.29M | $11.03M | $5.46M | $7.79M | $175K | $1.63M | $2.88M | $3.8M | $6.3M | $8.5M | $2.3M |
| Long-Term Assets | ||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $6.28M | $7.15M | $8.14M | $10.82M | $11.07M | $11.84M | $11.81M | $2.54M | $2.68M | $2.37M | $47K | $20K | $6K | $1K | $0 | $3K | $4K | $9K | $45K | $84K | $107K | $119K | $8K | $56K | $105K | $227K | $100K | $300K | $300K | $100K |
| Goodwill | $0 | $0 | $799K | $799K | $799K | $799K | $799K | $799K | $799K | $799K | $799K | $799K | $799K | $799K | $630K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.8M | $5.44M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $59.14M | $808K | $1.28M | $12.4M | $35.53M | $0 | $0 | $1.24M | $587K | $583K | $25M | -$22.8M | $4.92M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $348M | $0 | $0 | $0 | $0 | $0 | $0 | -$1.24M | -$587K | -$583K | $0 | $22.8M | $0 | $10.39M | -$438.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $19.07M | $3.37M | $1.42M | $1.27M | $1.26M | $1.26M | $1.25M | $1.24M | $587K | $748K | $750K | $712K | $85K | -$10.39M | $438.02M | $17.76M | $98K | $366K | $71K | $71K | $71K | $71K | $0 | $20K | $23K | $70K | $100K | -$100K | $0 | $0 |
| Total Long-Term Assets | $432.49M | $11.33M | $11.64M | $25.3M | $48.66M | $13.9M | $13.86M | $4.58M | $4.06M | $3.92M | $26.6M | $1.53M | $5.81M | $3.6M | $6.07M | $17.77M | $102K | $375K | $115K | $154K | $177K | $190K | $8K | $76K | $128K | $297K | $200K | $200K | $300K | $100K |
| 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 |
| Total Assets | $1.06B | $577.69M | $329.59M | $193.57M | $379.63M | $625.64M | $163.01M | $83.62M | $97.38M | $54.78M | $113.47M | $86.75M | $48.11M | $22.07M | $15.91M | $18.64M | $366K | $1.25M | $981K | $3.45M | $11.21M | $5.65M | $7.8M | $251K | $1.76M | $3.18M | $4M | $6.5M | $8.8M | $2.4M |
| Liabilities | ||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||
| Accounts Payable | $107.51M | $0 | $0 | $0 | $0 | $0 | $0 | $36.38M | $25.88M | $15.27M | $9.35M | $3.99M | $4.76M | $1.12M | $667K | $224K | $215K | $542K | $1.28M | $1.39M | $1.62M | $1.14M | $549K | $165K | $509K | $786K | $500K | $0 | $0 | $0 |
| Short-Term Debt | $1.04M | $0 | $0 | $0 | $975K | $22.18M | $0 | $67K | $128K | $69K | $212K | $275K | $678K | $678K | $878K | $2.05M | $1.27M | $70K | $0 | $0 | $0 | $0 | $0 | $806K | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$55.78M | $0 | -$25.85M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $21.23M | $11.41M | $152K | $0 | $0 | $0 | $0 | $152K | $152K | $152K | $152K | $152K | $152K | $152K | $0 | $481K | $258K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $23.97M | $78.11M | $52.12M | $51.62M | $62.97M | $63.71M | $82.83M | $0 | $0 | $0 | $0 | $0 | $190K | $124K | $0 | $535K | $861K | $0 | $0 | $0 | $0 | $0 | $0 | -$409K | $0 | $0 | $0 | $700K | $400K | $300K |
| Total Current Liabilities | $153.76M | $90.68M | $53.72M | $53.2M | $65.38M | $87.55M | $84.45M | $38.85M | $27.96M | $16.88M | $10.53M | $5.12M | $6.32M | $2.22M | $1.61M | $3.29M | $2.53M | $1.49M | $1.87M | $1.94M | $1.67M | $1.2M | $966K | $578K | $509K | $2.08M | $500K | $700K | $400K | $300K |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||
| Long-Term Debt | $252.67M | $244.43M | $100.12M | $71.14M | $66.79M | $7.72M | $28.97M | $0 | $0 | $0 | $0 | $0 | $65K | $2.48M | $3.29M | $16.13M | $431K | $1.19M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $8.81M | $12.09M | $6.02M | $305K | $457K | $610K | $762K | $914K | $1.07M | $1.22M | $1.37M | $1.52M | $1.68M | $1.83M | $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 | $0 | $0 | $0 | $0 | $3.85M | -$2.36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | -$7.02M | $0 | $0 | $0 | $0 | $0 | $0 | $19.81M | $1.36M | $816K | $0 | $0 | $0 | $0 | $0 | $4.58M | $4.19M | $2.95M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $100K | -$100K | $0 | $0 |
| Total Long-Term Liabilities | $261.47M | $264.65M | $115.36M | $81.78M | $77.09M | $18.74M | $39.95M | $20.73M | $2.43M | $2.04M | $1.37M | $1.52M | $1.74M | $4.31M | $4.66M | $20.71M | $4.62M | $4.14M | $1.28M | $1.39M | $1.62M | $1.14M | $549K | $578K | $509K | $786K | $100K | -$100K | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $66.99M | $35.87M | $101.57M | $80.1M | $40.05M | $0 | $0 | $0 | $0 | $0 | -$1.28M | -$1.39M | -$1.62M | -$1.14M | -$549K | -$578K | -$509K | -$786K | $0 | $0 | $0 | $0 |
| Total Liabilities | $415.23M | $355.33M | $169.09M | $134.99M | $142.48M | $106.29M | $124.4M | $59.58M | $97.38M | $54.78M | $113.47M | $86.75M | $48.11M | $6.52M | $6.27M | $24M | $7.15M | $5.62M | $1.87M | $1.94M | $1.67M | $1.2M | $966K | $578K | $509K | $2.08M | $600K | $600K | $400K | $300K |
| Stockholders' Equity | ||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $413 | $0 | $0 | $0 | $0 | $0 | $0 | $854 | $1K | $521K | $521K | $521K | $0 | $0 | $0 | $0 |
| Common Stock | $159K | $156K | $151K | $146K | $143K | $141K | $109K | $84K | $73K | $57K | $54K | $45K | $34K | $26K | $285K | $121K | $71K | $71K | $71K | $60K | $60K | $28K | $23K | $17K | $16K | $6K | $500K | $0 | $0 | $0 |
| Retained Earnings | -$1.08B | -$1.53B | -$1.55B | -$1.53B | -$1.33B | -$980.6M | -$701.22M | -$528.35M | -$354.86M | -$236.39M | -$158.13M | -$95.19M | -$39.4M | -$18.93M | -$853K | -$61.31M | -$61.93M | -$59.27M | -$55M | -$42.97M | -$33.27M | -$13.96M | -$7.47M | -$28.28M | -$26.73M | -$24.83M | -$18.8M | -$16.3M | -$13.5M | -$8.4M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$0 | $6 | $6 | $6 | $0 | $0 | -$36K | -$32K | -$27K | -$181K | -$160K | $987 | $296K | -$8K | -$77K | -$218 | -$218 | -$200K | -$300K | -$200K | -$100K |
| Other Stockholders' Equity | $1.73B | $1.75B | $1.71B | $1.59B | $1.57B | $1.5B | $739.72M | $552.3M | $421.78M | $272.2M | $259.65M | $175.24M | $79.42M | $34.45M | $10.19M | $55.82M | $55.08M | $54.82M | $54.04M | $44.41M | $42.75M | $18.38M | $14.28M | $27.93M | $27.96M | $25.32M | $21.7M | $22.2M | $21.9M | $10.5M |
| Total Equity | $648.02M | $222.36M | $160.5M | $58.59M | $237.15M | $519.35M | $38.62M | $24.04M | $66.99M | $35.87M | $101.57M | $80.1M | $40.05M | $15.55M | $9.62M | -$5.36M | -$6.78M | -$4.38M | -$891K | $1.5M | $9.54M | $4.45M | $6.83M | -$327K | $1.25M | $496K | $3.4M | $5.9M | $8.4M | $2.1M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $600K | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.06B | $577.69M | $329.59M | $193.57M | $379.63M | $625.64M | $163.01M | $83.62M | $164.37M | $90.65M | $215.05M | $166.85M | $88.17M | $22.07M | $15.9M | $18.64M | $366K | $1.25M | $981K | $3.45M | $11.21M | $5.65M | $7.8M | $251K | $1.76M | $2.58M | $4M | $6.5M | $8.8M | $2.4M |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Total Debt | $260.73M | $253.72M | $110.8M | $83.06M | $79.05M | $41.98M | $40.8M | $67K | $128K | $69K | $212K | $275K | $742K | $3.16M | $4.88M | $18.81M | $1.94M | $1.26M | $0 | $0 | $0 | $0 | $0 | $800K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $181.58M | $73.83M | $17.86M | -$19.24M | -$219.84M | -$511.46M | -$71.83M | -$41.89M | -$56.59M | -$24.96M | -$54.85M | -$55.44M | -$39.74M | -$13.3M | -$4.86M | $18.33M | $1.93M | $1.15M | -$650K | -$3.03M | -$9.83M | -$906K | -$7.41M | $684K | -$1.59M | -$2.66M | -$3.5M | -$5.8M | -$8.5M | -$2.3M |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 | 1998-12-31 | 1997-12-31 | 1996-12-31 |
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | $447.18M | $23.38M | $12.67M | -$198.34M | -$348.1M | -$279.38M | -$172.87M | -$173.48M | -$118.48M | -$78.25M | -$62.95M | -$55.78M | -$20.48M | -$26.18M | -$889K | $624K | -$2.79M | -$4.27M | -$12.03M | -$9.7M | -$19.14M | -$5.9M | -$5.96M | -$1.55M | -$1.73M | -$5.8M | -$2.4M | -$2.8M | -$5.2M | -$3.6M |
| Depreciation & Amortization | $244K | $280K | $423K | $515K | $494K | $374K | $282K | $88K | $82K | $63K | $15K | $4K | $1K | $235 | $0 | $3K | $6K | $26K | $48K | $60K | $54K | $128K | $189K | $50K | $66K | $76K | $100K | $200K | $100K | $0 |
| Deferred Income Tax | -$348M | $0 | $0 | $0 | $517K | -$30K | -$257K | -$119K | $61K | $5.84B | $5.84B | $10.01M | $10.01M | $289K | $0 | $353K | $500K | $250K | -$1.68M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $64.67M | $42.54M | $37.93M | $19.18M | $61.27M | $80.29M | $11.34M | $12.89M | $15.95M | $7.51M | $15.7M | $21.11M | $5.2M | $3.42M | $86K | $217K | $353K | $464K | $1.68M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||
| Accounts Receivable | -$176.44M | -$78.09M | -$51.09M | $1.39M | -$1.39M | -$6K | -$11K | $14K | -$25K | $102K | -$101K | $0 | $0 | $0 | $0 | -$244K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$33.45M | -$66.85M | -$36.94M | $0 | -$15.99M | $6K | $11K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $55.88M | $0 | $192K | -$11.01M | $15.99M | $11.63M | -$4.79M | $10.96M | $11.02M | $6.49M | $5.47M | -$603K | $4.03M | $596K | $0 | $0 | -$327K | -$737K | -$224K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$40.52M | $35.65M | $3.18M | $7.97M | -$10.83M | -$31.39M | $29.98M | $27.76M | $8.56M | $2.28M | -$3.4M | -$5.44M | $31K | $110K | $419K | $440K | $108K | -$235K | $221K | $208K | $1.04M | $144K | -$142K | $52K | -$2.04M | $1.67M | -$100K | -$100K | $100K | -$600K |
| Total Working Capital Change | -$194.54M | -$109.3M | -$84.66M | -$1.65M | -$12.22M | -$19.76M | $25.19M | $27.76M | $8.56M | $8.77M | $2.07M | -$6.05M | $4.07M | $706K | $419K | $196K | -$219K | -$972K | -$3K | $208K | $1.04M | $144K | -$142K | $52K | -$2.04M | $1.67M | -$100K | -$100K | $100K | -$600K |
| Other Non-Cash Items | $5.67M | $2.58M | $2.22M | $4.11M | $2.4M | $4M | $3.52M | $3.94M | $59K | -$5.84B | -$5.84B | -$4.35M | -$9.63M | $16.58M | $297K | -$3.36M | $1.1M | $57K | $1.76M | $1.68M | $11.8M | -$67K | $2.46M | $13K | -$764K | $2.9M | $100K | $100K | $900K | $200K |
| Net Cash from Operating | -$24.77M | -$40.52M | -$31.41M | -$176.17M | -$295.63M | -$214.51M | -$132.81M | -$128.93M | -$93.76M | -$61.59M | -$44.69M | -$35.06M | -$10.82M | -$5.19M | -$87K | -$1.97M | -$1.05M | -$4.44M | -$10.23M | -$7.75M | -$6.24M | -$5.69M | -$3.45M | -$1.43M | -$4.47M | -$1.15M | -$2.3M | -$2.6M | -$4.1M | -$4M |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditures | -$214K | -$45K | $0 | -$14K | -$401K | -$357K | -$131K | -$90K | -$2K | -$344K | -$42K | -$19K | -$6K | -$1K | $0 | -$3K | $0 | -$9K | -$9K | -$37K | -$40K | -$138K | -$7K | -$5K | -$108K | -$171K | -$100K | -$200K | -$200K | -$100K |
| Acquisitions | $0 | $0 | $0 | $20M | -$69K | $24.15M | $587K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10K | $519K | $0 | $0 | -$1.01M | $0 | $7K | $0 | -$33K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$223.49M | -$311.89M | -$146.88M | -$107.27M | -$55.53M | -$67.4M | -$29.84M | -$31.23M | -$28.01M | -$15.2M | -$48.99M | -$18.34M | -$4.92M | $0 | $0 | $0 | $0 | $0 | $1.01M | $0 | $0 | -$5M | $0 | $0 | $0 | -$147K | $0 | $0 | $0 | $0 |
| Sales of Investments | $237.5M | $310.9M | $96.23M | $87.28M | $55.6M | $43.25M | $29.25M | $32.5M | $19.8M | $42.09M | $24.35M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1K | $1.01M | $3.5M | $931K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | -$20M | $69K | -$24.15M | -$587K | $1.27M | -$8.21M | $26.89M | -$24.64M | -$18.34M | -$4.92M | $0 | $0 | $0 | $0 | $0 | -$1K | $0 | $0 | $0 | $200K | $0 | $3M | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $13.8M | -$1.04M | -$50.65M | -$20.01M | -$332K | -$24.51M | -$718K | $1.18M | -$8.21M | $26.55M | -$24.69M | -$18.36M | -$4.93M | -$1K | $10K | $517K | $0 | -$9K | -$9K | $969K | $3.47M | -$4.21M | $161K | -$5K | $2.89M | -$318K | -$100K | -$200K | -$200K | -$100K |
| Financing Activities | ||||||||||||||||||||||||||||||
| Debt Repaid | - | -$137.26M | -$25M | $975K | -$40M | - | -$29.99M | - | - | - | - | $678K | - | - | - | - | -$435K | -$990K | - | - | - | - | $806K | -$779K | - | - | - | - | - | $200K |
| Common Stock Issuance | $1.51M | $0 | $46.3M | $584K | $2.22M | $679.68M | $175.02M | $113.64M | $131.52M | $4.41M | $67.76M | $65.61M | $37.65M | $0 | $9.82M | $2.16M | $0 | $0 | $7.86M | $0 | $12.35M | $3.39M | $9.79M | $1.7M | $1.94M | $1.17M | $0 | $100K | $10.6M | $1.5M |
| Common Stock Repurchases | -$91.24M | -$8.76M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$150K | -$85K | $0 | $0 | $0 | $0 | $0 | -$15K | $0 | $0 | -$300 | $0 | -$617K | -$512K | $0 | $0 | $0 | $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 | -$807 | -$987 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $25K | $1.41M | $0 | -$800K | $147K | -$795K | $0 | $0 | -$13K | $963K | $3.71M | $0 | -$76K | $0 | -$249K | $527K | $2.85M | $0 | $0 | $0 | -$1K | $0 | -$2.52M | -$811K | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | -$89.73M | $128.53M | $72.7M | -$391K | $41.42M | $679.83M | $204.21M | $113.64M | $133.66M | $5.02M | $68.72M | $68.64M | $39.78M | $11.9M | $9.82M | $1.91M | $962K | $3.91M | $7.86M | -$15K | $11.7M | $3.39M | $8.98M | -$37K | $511K | $661K | $0 | $100K | $10.6M | $1.3M |
| 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 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$100.7M | $86.97M | -$9.36M | -$196.57M | -$254.55M | $440.81M | $70.69M | -$14.11M | $31.69M | -$30.03M | -$652K | $15.23M | $24.03M | $6.71M | $9.75M | $461K | -$88K | -$544K | -$2.38M | -$6.8M | $8.92M | -$6.51M | $5.69M | -$1.48M | -$1.07M | -$810K | -$2.3M | -$2.7M | $6.3M | -$2.8M |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Operating Cash Flow | -$24.77M | -$40.52M | -$31.41M | -$176.17M | -$295.63M | -$214.51M | -$132.81M | -$128.93M | -$93.76M | -$61.59M | -$44.69M | -$35.06M | -$10.82M | -$5.19M | -$87K | -$1.97M | -$1.05M | -$4.44M | -$10.23M | -$7.75M | -$6.24M | -$5.69M | -$3.45M | -$1.43M | -$4.47M | -$1.15M | -$2.3M | -$2.6M | -$4.1M | -$4M |
| Capital Expenditure | -$214K | -$45K | $0 | -$14K | -$401K | -$357K | -$131K | -$90K | -$2K | -$344K | -$42K | -$19K | -$6K | -$1K | $0 | -$3K | $0 | -$9K | -$9K | -$37K | -$40K | -$138K | -$7K | -$5K | -$108K | -$171K | -$100K | -$200K | -$200K | -$100K |
| Free Cash Flow | -$24.99M | -$40.56M | -$31.41M | -$176.18M | -$296.04M | -$214.86M | -$132.94M | -$129.01M | -$93.77M | -$61.94M | -$44.73M | -$35.08M | -$10.83M | -$5.19M | -$87K | -$1.97M | -$1.05M | -$4.45M | -$10.24M | -$7.79M | -$6.28M | -$5.83M | -$3.46M | -$1.44M | -$4.58M | -$1.32M | -$2.4M | -$2.8M | -$4.3M | -$4.1M |
| Cash at Beginning | $181.19M | $94.22M | $103.58M | $300.15M | $554.7M | $113.89M | $43.2M | $57.3M | $25.03M | $55.06M | $55.71M | $40.49M | $16.46M | $9.75M | $0 | $18K | $106K | $650K | $3.03M | $9.83M | $906K | $7.41M | $1.72M | $1.59M | $2.66M | $3.47M | $5.8M | $8.5M | $2.3M | $5M |
| Cash at End | $80.49M | $181.19M | $94.22M | $103.58M | $300.15M | $554.7M | $113.89M | $43.2M | $56.72M | $25.03M | $55.06M | $55.71M | $40.49M | $16.46M | $9.75M | $479K | $18K | $106K | $650K | $3.03M | $9.83M | $906K | $7.41M | $116K | $1.59M | $2.66M | $3.5M | $5.8M | $8.6M | $2.2M |