Twin Vee PowerCats (VEEE) - 2025 Q2 - Quarterly Report
2025-08-07 20:13
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File Number: 001-40623 TWIN VEE POWERCATS CO. (Exact name of registrant as specified in its charter) Delaware (St ...
Purecycle Technologies, Inc.(PCTTU) - 2025 Q2 - Quarterly Report
2025-08-07 20:13
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________to ________ Commission File Number: 001-40234 PureCycle Technologies, Inc. (Exact name of registrant as specified in its charter) (State or other juris ...
OptimizeRx(OPRX) - 2025 Q2 - Quarterly Results
2025-08-07 20:13
OptimizeRx Reports Second Quarter 2025 Financial Results and Updates Fiscal Year 2025 Guidance - Q2 revenue of $29.2 million, increased 55% year-over-year - Q2 gross profit increased 59% year-over-year to $18.6 million - Paid down $4.5 million of principal on outstanding term loan during Q2 - Increased full year 2025 guidance to a revenue range between $104 million and $108 million and adjusted EBITDA range between $14.5 million and $17.5 million WALTHAM, Mass. – August 7, 2025 – OptimizeRx Corp. (the "Comp ...
skillz(SKLZ) - 2025 Q2 - Quarterly Results
2025-08-07 20:13
[Skillz Preliminary Q2 2025 Results](index=1&type=section&id=Skillz%20Announces%20Preliminary%20Second%20Quarter%202025%20Results) [Financial & Operational Highlights](index=1&type=section&id=Preliminary%20Second%20Quarter%20Financial%20Update) Skillz reported revenue growth and a significant increase in Paying Monthly Active Users, reflecting progress towards its strategic goals of top-line growth and improved profitability Q2 2025 Preliminary Financial Highlights | Metric | Value | | :--- | :--- | | Revenue | $27.4 million | | Gross Profit | $24.2 million | | Net Loss | $8.9 million | | Adjusted EBITDA Loss | $10.4 million | | Paying Monthly Active Users (PMAU) | 146,000 | | Avg. Revenue Per Paying Monthly Active User (ARPPU) | $62.8 | - Revenue grew **8% year-over-year**, while Paying Monthly Active Users (PMAUs) grew **18% sequentially** and **20% year-over-year**, reaching the highest level since Q3 2023[3](index=3&type=chunk) - The company is advancing its **$75 million Developer Accelerator program** to diversify game genres and remains committed to its four key pillars for long-term shareholder value[3](index=3&type=chunk) - Management emphasized that disciplined operating expense management improved the Adjusted EBITDA loss year-over-year, and the company's cash and restricted cash balance of **over $238 million** provides significant financial flexibility[3](index=3&type=chunk) [Consolidated Statements of Operations (Preliminary & Unaudited)](index=5&type=section&id=Preliminary%20Consolidated%20Statements%20of%20Operations%20and%20Comprehensive%20(Loss)%20Income%20(Unaudited)) The company's Q2 2025 net loss of $8.9 million contrasts sharply with a $26.0 million net income in Q2 2024, primarily due to a one-time litigation settlement gain in the prior year Q2 Statement of Operations (in thousands) | Metric | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | | :--- | :--- | :--- | | **Revenue** | **$27,372** | **$25,295** | | Total costs and expenses | $33,953 | $(297) | | (Loss) income from operations | $(6,581) | $25,592 | | **Net (loss) income** | **$(8,919)** | **$26,045** | | Diluted (Loss) Earnings per share | $(0.58) | $1.44 | - Sales and marketing expenses decreased to **$17.5 million** in Q2 2025 from $20.8 million in Q2 2024[20](index=20&type=chunk) - The significant income from operations and net income in Q2 2024 were driven by a **$46.0 million gain from a litigation settlement**, which was not repeated in Q2 2025[20](index=20&type=chunk) [Consolidated Balance Sheets (Preliminary & Unaudited)](index=6&type=section&id=Preliminary%20Consolidated%20Balance%20Sheets%20(Unaudited)) The company's balance sheet shows a reduction in both total assets and total liabilities as of June 30, 2025, while maintaining a strong cash position of $238.7 million Balance Sheet Highlights (in thousands) | Metric | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Cash and cash equivalents | $228,657 | $271,923 | | **Total Assets** | **$328,302** | **$362,619** | | **Total Liabilities** | **$187,884** | **$200,671** | | Total stockholders' equity | $140,418 | $161,948 | [Consolidated Statements of Cash Flows (Preliminary & Unaudited)](index=7&type=section&id=Preliminary%20Consolidated%20Statements%20of%20Cash%20Flows%20(Unaudited)) Net cash used in operating activities was $31.7 million for the first half of 2025, a significant shift from cash provided by operations in the prior-year period Six-Month Cash Flow Summary (in thousands) | Metric | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | | Net cash (used in) provided by operating activities | $(31,709) | $23,406 | | Net cash (used in) provided by investing activities | $(3,446) | $2,210 | | Net cash used in financing activities | $(8,111) | $(11,225) | | **Net change in cash, cash equivalents and restricted cash** | **$(43,266)** | **$14,391** | | **Cash, cash equivalents and restricted cash – end of period** | **$238,657** | **$326,419** | [Reconciliation of Net Loss to Adjusted EBITDA](index=8&type=section&id=Preliminary%20Reconciliation%20of%20GAAP%20Net%20Loss%20to%20Adjusted%20EBITDA%20Loss%20(Unaudited)) The company's Adjusted EBITDA loss improved to $10.4 million in Q2 2025 from $12.6 million in Q2 2024, after adjusting for items like stock compensation and insurance recovery Reconciliation to Adjusted EBITDA Loss (in thousands) | Metric | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | | :--- | :--- | :--- | | Net (loss) income | $(8,919) | $26,045 | | Stock-based compensation | $4,366 | $7,433 | | Insurance recovery | $(8,367) | — | | Gain from litigation settlement | — | $(46,000) | | **Adjusted EBITDA loss** | **$(10,388)** | **$(12,572)** | [Reconciliation of GAAP to Non-GAAP Costs and Expenses](index=9&type=section&id=Preliminary%20Reconciliation%20of%20GAAP%20to%20Non-GAAP%20Costs%20and%20Expenses) Non-GAAP operating expenses for Q2 2025 reflect significant year-over-year reductions in sales, marketing, and administrative costs after excluding stock-based compensation Q2 Non-GAAP Expense Reconciliation (in thousands) | Expense Category | GAAP Expense | Stock-Based Comp. | Non-GAAP Expense | | :--- | :--- | :--- | :--- | | **Q2 2025** | | | | | Research and development | $4,840 | $(250) | $4,590 | | Sales and marketing | $17,540 | $(690) | $16,850 | | General and administrative | $8,353 | $(3,426) | $4,927 | | **Q2 2024** | | | | | Research and development | $4,272 | $(182) | $4,090 | | Sales and marketing | $20,849 | $(1,787) | $19,062 | | General and administrative | $17,236 | $(5,462) | $11,774 | [Key Operating Metrics](index=10&type=section&id=Preliminary%20Supplemental%20Financial%20Information) While Paying Monthly Active Users grew 20% year-over-year in Q2 2025, a decline in Gross Marketplace Volume led to lower monetization per paying user Key Operating Metrics Comparison | Metric | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | | :--- | :--- | :--- | | Gross marketplace volume ("GMV") (000s) | $136,590 | $161,663 | | Paying monthly active users ("PMAUs") (000s) | 146 | 122 | | Monthly active users ("MAUs") (000s) | 748 | 807 | | Average revenue per paying monthly active user ("ARPPU") | $62.8 | $69.4 | | Average revenue per monthly active user ("ARPU") | $12.3 | $10.4 | | Paying MAU to MAU ratio | 19% | 15% | [Disclosures and Other Information](index=2&type=section&id=Disclosures%20and%20Other%20Information) The company discusses its use of non-GAAP metrics, the preliminary nature of results, and its plan to address an NYSE non-compliance notice for delayed SEC filings - The company uses non-GAAP measures like Adjusted EBITDA to supplement GAAP results, believing they provide a useful evaluation of operating performance consistent with industry practice[9](index=9&type=chunk) - The reported financial results are **preliminary** and subject to change upon completion of the company's internal review and independent accounting firm's review[12](index=12&type=chunk) - Skillz received a **non-compliance notice from the NYSE** for failure to timely file its Form 10-K and has a six-month grace period to regain compliance[14](index=14&type=chunk) - The report contains forward-looking statements that are subject to significant risks and uncertainties, including competition, developer relationships, and regulatory changes[15](index=15&type=chunk)[16](index=16&type=chunk)
Pacific Biosciences of California(PACB) - 2025 Q2 - Quarterly Results
2025-08-07 20:12
PacBio Announces Second Quarter 2025 Financial Results MENLO PARK, Calif., August 07, 2025 (GLOBE NEWSWIRE) – PacBio (NASDAQ: PACB) today announced financial results for the quarter ended June 30, 2025. Second quarter results: | | Q2 2025 | Q2 2024 | | --- | --- | --- | | Revenue | $39.8 million | $36.0 million | | Instrument revenue | $14.2 million | $14.7 million | | Consumable revenue | $18.9 million | $17.0 million | | Service and other revenue | $6.7 million | $4.3 million | | TM Revio systems | 15 | 2 ...
Permian Resources (PR) - 2025 Q2 - Quarterly Report
2025-08-07 20:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2025 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 001-37697 PERMIAN RESOURCES CORPORATION (Exact Name of Registrant as Specified in its Charter) (State of Incorporation) (I.R.S. Employer Identif ...
Redwire (RDW) - 2025 Q2 - Quarterly Report
2025-08-07 20:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-39733 Redwire Corporation (Exact name of registrant as specified in its charter) | Delaware | 88-1818410 | | --- | --- | | (State ...
Tile Shop(TTSH) - 2025 Q2 - Quarterly Report
2025-08-07 20:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________ FORM 10-Q _____________________________ (Mark One) For the quarterly period ended June 30, 2025 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from – to – Commission file number: 001-35629 _____________________________ TILE SHOP HOLDINGS, INC. (Exact name of registrant as specified in its charter) _____________________________ Delaware ...
Century Aluminum(CENX) - 2025 Q2 - Quarterly Report
2025-08-07 20:12
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______. Commission file number 001-34474 Century Aluminum Company (Exact name of registrant as specified in its charter) Delaware 13-3070826 ...
Expensify(EXFY) - 2025 Q2 - Quarterly Report
2025-08-07 20:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ___________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR For the transition period from _______ to _______ Commission File Number 001-41043 ___________________________________ EXPENSIFY, INC. ___________________________________ (Exact name of registrant as specified in its charter) Delaware 27-0239450 ...