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 September 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 001-35761 American Coastal Insurance Corporation (Exact Name of Registrant as Specified in its Charter) (State or Other J ...

Financial Performance - Q3 2025 revenue was $364.2 million, a decrease of 15.3% year-over-year, or 11.5% excluding Mavely 2024 revenue[3] - Earnings per share (EPS) increased to $0.34 compared to $0.17 in the prior year[3] - Q4 2025 revenue guidance is projected between $365 million and $400 million, reflecting a decline of 18% to 10% year-over-year[6] - Full-year 2025 revenue is expected to be between $1.48 billion and $1.51 billion, a decrease of 15% to 13% year-over-year[7] - Total revenue for the three months ended September 30, 2025, was $364,211, a decrease of 15.3% compared to $430,145 in the same period of 2024[21] - Net income for the three months ended September 30, 2025, was $17,079, compared to $8,302 in Q3 2024, reflecting a positive growth trend[21] - The forecasted revenue for 2025 is projected to be between $1,479,839 and $1,514,839, indicating a cautious outlook for the upcoming year[27] Customer Metrics - Customer count decreased by 10% to 746,256, while paid affiliates and sales leaders decreased by 13% and 19%, respectively[3] - Total customers decreased by 10% to 746,256 in Q3 2025 from 831,768 in Q3 2024, with significant declines in Mainland China (29%) and Southeast Asia/Pacific (13%)[19] - Total paid affiliates decreased by 13% to 130,096 in Q3 2025 from 149,264 in Q3 2024, indicating a decline in the sales force[19] Profitability and Margins - Gross margin improved to 70.5% from 70.1%, with operating margin increasing to 5.9% from 4.2%[5] - The company reported a gross profit of $256,723 for Q3 2025, down from $301,463 in Q3 2024, resulting in a gross margin of approximately 70.5%[21] - Operating income for the nine months ended September 30, 2025, was $42,519, a significant improvement from a loss of $98,504 in the same period of 2024[21] - Adjusted earnings per share for 2025 are expected to be between $1.25 and $1.35, excluding the impact of certain charges and gains[26] Cash Flow and Financial Health - The company reported $3.0 million in dividend payments and $5.0 million in stock repurchases during the quarter[6] - The company’s cash and cash equivalents increased to $251,787 as of September 30, 2025, from $186,883 at the end of December 2024[23] - The company’s total liabilities decreased to $624,611 as of September 30, 2025, from $817,459 at the end of December 2024, reflecting improved financial health[23] Future Plans and Developments - The company plans to introduce the Prysm iO intelligent wellness platform in late Q4 2025, with a full consumer launch expected in 2026[4] - The company is preparing for pre-market opening activities in India, with a formal launch planned for the second half of 2026[4] Regional Performance - Latin America region showed strong double-digit year-over-year growth, indicating positive trends in certain segments[3]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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 SEPTEMBER 30, 2025 ☐ 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: 001-36912 CIDARA THERAPEUTICS, INC. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorpora ...

Financial Performance - Net revenue decreased by 6.5% to $0.6 million in Q3 2025, compared to $0.7 million in Q3 2024[4] - Gross margin was 46.1% in Q3 2025, down from 48.4% in Q3 2024[4] - Net loss improved to $2.4 million in Q3 2025, compared to $2.8 million in the same period last year[4] - Net loss per share improved to ($0.12) in Q3 2025, compared to ($0.25) per share in Q3 2024[4] - Adjusted EBITDA for Q3 2025 was $(3.34) million, compared to $(2.89) million in Q3 2024[7] - Net loss for the nine months ended September 30, 2025, was $9,276 million, compared to a net loss of $7,683 million for the same period in 2024[22] Cash and Liquidity - Cash and cash equivalents totaled $103.8 million as of September 30, 2025[4] - Cash and cash equivalents at the end of the period were $103,783 million, down from $112,974 million at the beginning of the period[22] - Net cash used in operating activities from continued operations was $9,271 million, a decrease from $10,413 million in the prior year[22] - Proceeds from sales of common stock, net of issuance costs, amounted to $80 million, compared to $42,193 million in the previous year[22] - Interest paid during the period was $23 million, slightly up from $22 million in the prior year[22] - Income taxes paid were $23 million, down from $40 million in the previous year[22] - Stock-based compensation for the nine months ended September 30, 2025, was $338 million, a decrease from $1,532 million in the same period of 2024[22] Operating Expenses - Total operating expenses for Q3 2025 were $3.8 million, compared to $3.5 million in Q3 2024[20] Strategic Initiatives - Sales and marketing investments increased following a pullback in 2024, focusing on hospitality and healthcare sectors[4] - The AI Concierge product is currently in pilot testing with a hospitality partner, aimed at enhancing customer engagement[4] - The company continues to focus on adding AI-related features and functionalities to its product offerings[5] Deferred and Payable Accounts - Deferred revenue increased by $521 million, compared to a decrease of $43 million in the prior year[22] - Accounts payable and accrued expenses increased by $573 million, compared to an increase of $457 million in the previous year[22] - Issuance of common stock upon conversion of the 2022 Promissory Note was $4,505 million in the previous year[22]

Financial Performance - The company reported a net income of $150 million for the quarter, representing a 20% increase year-over-year[10]. - The projected earnings guidance for the next quarter is set at $160 million, reflecting a 7% growth[10]. - Net income for Q3 2025 was $141,443,000, compared to $151,892,000 in Q3 2024, resulting in a diluted net income per share of $1.03, up from $0.99 in the previous year[21]. - Comprehensive income for Q3 2025 was $187,966,000, down from $296,103,000 in Q3 2024, reflecting a decrease in other comprehensive income[22]. - Net income from continuing operations for the three months ended September 30, 2025, was $152,802 thousand, compared to $166,555 thousand for the same period in 2024, reflecting a decrease of about 8%[62]. - Radian Guaranty reported statutory net income of $550,343,000 for the nine months ended September 30, 2025, compared to $588,122,000 for the same period in 2024, reflecting a decrease of approximately 6.5%[183]. Insurance Operations - New insurance written (NIW) reached $1.2 billion, up 15% compared to the previous quarter[11]. - The persistency rate for insurance in force (IIF) improved to 85%, indicating strong customer retention[12]. - The company reported a decrease in the Persistency Rate of mortgage insurance on Monthly Premium Policies, which could impact future revenue streams[14]. - Total direct primary mortgage insurance in force (IIF) was $280.6 billion and risk in force (RIF) was $74.0 billion as of September 30, 2025, compared to $275.1 billion and $72.1 billion as of December 31, 2024, representing increases of 2.0% and 2.6% respectively[35]. - The loss ratio for the Mortgage Insurance segment increased to 7.5% in Q3 2025 from 2.7% in Q3 2024[69]. Strategic Initiatives - The company plans to expand its market presence by entering three new states by Q3 2024[9]. - The company announced a strategic partnership with a leading fintech firm to enhance digital offerings[11]. - The company plans to divest its Mortgage Conduit, Title, and Real Estate Services businesses, which may impact operational strategies and timelines[14]. - Radian Group announced plans to divest its Mortgage Conduit, Title, and Real Estate Services businesses, with the divestiture expected to be completed no later than the third quarter of 2026[31][37]. - The anticipated acquisition of Inigo is subject to regulatory approvals and may affect the company's strategic direction as a global multi-line specialty insurer[14]. Financial Position - Total assets available for claims increased to $2.5 billion, up 12% from the previous quarter[10]. - Total assets decreased from $8,689,535 thousand as of December 31, 2024, to $8,204,803 thousand as of September 30, 2025, representing a decline of approximately 5.6%[19]. - Total liabilities decreased from $4,065,677 thousand to $3,552,354 thousand, a reduction of approximately 12.6%[19]. - Retained earnings increased from $4,695,348 thousand to $5,012,742 thousand, showing a growth of about 6.7%[19]. - The balance of total stockholders' equity at the end of Q3 2025 was $4,652,449,000, a decrease from $4,698,853,000 at the end of Q3 2024[24]. Investment and Cash Flow - Total investments increased from $5,701,831 thousand to $5,852,034 thousand, reflecting a growth of about 2.6%[19]. - Cash flows from operating activities for continuing operations were $546,211,000 in the first nine months of 2025, compared to $508,527,000 in the same period of 2024[27]. - The company reported net cash used in investing activities of $(1,790,000) for continuing operations in the first nine months of 2025, contrasting with a net cash provided of $313,360,000 in the same period of 2024[27]. - The company reported net realized losses on investments sold or redeemed of $5,275 for the nine months ended September 30, 2025[102]. Risk Management - The company is implementing a new risk management framework aimed at reducing claim severity by 5% over the next year[12]. - The company is facing risks related to the quality of third-party mortgage underwriting and servicing, which could affect financial performance[14]. - The company faces risks from changes in the U.S. housing market and economic conditions that could affect its mortgage portfolio and overall business prospects[14]. - Radian Guaranty is subject to various capital and financial requirements imposed by GSEs and state insurance regulators, which may limit the amount of insurance that can be written[36]. Shareholder Returns - The company declared dividends totaling $35,531,000 in Q3 2025, slightly down from $37,774,000 in Q3 2024[24]. - Dividends declared per share for 2025 totaled $0.765, compared to $0.980 in 2024[172]. - Common stock outstanding decreased from 151,148 thousand shares in Q3 2024 to 135,473 thousand shares in Q3 2025, reflecting a repurchase of 13,417 thousand shares year-to-date[166]. - Radian Group paused share repurchases to ensure adequate funds for the planned acquisition of Inigo[168].

Third Quarter 2025 Highlights a Exhibit 99.1 Willdan Group Reports Third Quarter Results ANAHEIM, Calif. –November 6, 2025 – Willdan Group, Inc. ("Willdan") (Nasdaq: WLDN) today announced its financial results for the third quarter ended October 3, 2025. Assumes 15.2 million diluted shares, 10% effective tax rate benefit, and no future acquisitions. a. As compared to the same period of fiscal year 2024. b. See "Use of Non-GAAP Financial Measures" below. c. These updated financial targets supersede any previ ...

Revenue Performance - Total revenue for Q3 2025 increased to $72.0 million, up from $67.3 million in Q3 2024, representing a growth of 11.0%[3] - For the nine months ended September 30, 2025, total revenue increased to $214.7 million from $200.9 million for the same period in 2024, a growth of 6.0%[10] - Total revenue for the three months ended September 30, 2025, was $72,004,000, an increase of 7.4% compared to $67,288,000 for the same period in 2024[20] - Total rental revenue for the three months ended September 30, 2025, was $70,679,000, an increase of 7.3% from $65,550,000 in 2024[20] Net Income - Net income for Q3 2025 decreased to $14.0 million, down from $19.6 million in Q3 2024, a decline of 28.6%[3] - Net income available to common stockholders decreased to $7.7 million, or $0.32 per share, compared to $11.7 million, or $0.48 per share, in Q3 2024, reflecting a decrease of 34.2%[4] - Net income for the nine months ended September 30, 2025, decreased to $41.0 million from $57.3 million in 2024, a decline of 28.5%[10] - Net income for the three months ended September 30, 2025, was $13,996,000, a decrease of 28.1% from $19,592,000 in the same period of 2024[20] - Net income available to common stockholders for the three months ended September 30, 2025, was $7,691,000, a decrease of 34.3% from $11,683,000 in 2024[20] Funds from Operations (FFO) - Funds from operations (FFO) available to common stockholders decreased to $25.3 million, or $0.72 per share, from $28.9 million, or $0.84 per share, in Q3 2024, a decline of 12.5%[8] - FFO available to common stockholders decreased to $75.2 million, or $2.16 per share, from $84.9 million, or $2.46 per share, in the same period of 2024, a decline of 11.5%[12] - Funds from Operations (FFO) available to common stockholders and noncontrolling interests for the three months ended September 30, 2025, was $25,304,000, down 12.5% from $28,866,000 in 2024[22] - Basic FFO per share available to common stockholders for the three months ended September 30, 2025, was $0.72, down from $0.84 in the same period of 2024[22] Same Property Performance - Same property revenue decreased by $0.2 million, or 0.3%, and same property net operating income decreased by $1.0 million, or 2.0%, for Q3 2025 compared to Q3 2024[5] - Same property net operating income decreased by $3.4 million, or 2.3%, for the nine months ended September 30, 2025, compared to the same period in 2024[11] - Same property revenue for the three months ended September 30, 2025, was $66,491,000, a slight decrease of 0.3% compared to $66,710,000 in 2024[25] - Total same property net operating income for the three months ended September 30, 2025, was $47,994,000, a decrease of 2.0% from $48,979,000 in 2024[29] - Same property net operating income for mixed-use properties totaled $12,235,000 for the three months ended September 30, 2025, compared to $12,830,000 for the same period in 2024, reflecting a decrease of 4.6%[32] - For the nine months ended September 30, 2025, total mixed-use same property net operating income was $37,750,000, down from $38,100,000 in 2024, indicating a decline of 0.9%[32] Operational Metrics - As of September 30, 2025, 94.5% of the commercial portfolio was leased, down from 95.7% as of September 30, 2024[9] - General and administrative expenses for the three months ended September 30, 2025, were $6,658,000, an increase of 17.2% from $5,680,000 in 2024[20] - The company defines same property net operating income as net income adjusted for various expenses, providing a clearer view of operational performance excluding certain costs[30] - Management considers same property net operating income a meaningful supplemental measure, as it reflects actual revenue and expenses from operating properties[30] - The methodology for calculating same property net operating income may differ among other REITs, affecting comparability[30] - The company operates several mixed-use properties, including Avenel Business Park and Clarendon Center, contributing to its overall performance metrics[32] Mixed-Use Properties Performance - Office mixed-use properties generated $5,856,000 in net operating income for the three months ended September 30, 2025, compared to $6,486,000 in 2024, a decrease of 9.7%[32] - Residential mixed-use properties (residential activity) reported net operating income of $5,576,000 for the three months ended September 30, 2025, slightly up from $5,530,000 in 2024, an increase of 0.8%[32] - Residential mixed-use properties (retail activity) achieved net operating income of $803,000 for the three months ended September 30, 2025, compared to $814,000 in 2024, a decrease of 1.4%[32]

Revenue Growth - Total revenue for Q3 2025 increased by $162.4 million, or 29.9%, to $706.3 million compared to Q3 2024[88]. - U.S. revenue from Omnipod products rose by $101.5 million, or 25.6%, to $497.1 million for Q3 2025, driven by higher sales volume and increased average selling price[89]. - International revenue from Omnipod products increased by $64.1 million, or 46.5%, to $202.1 million for Q3 2025, with a 39.9% increase in revenue excluding currency impact[92]. Profitability and Margins - Gross margin for Q3 2025 improved to 72.2%, up from 69.3% in Q3 2024, primarily due to higher average selling prices and increased manufacturing efficiencies[97]. - For the full year 2025, the company expects gross margin to exceed 71.0% due to improved manufacturing efficiencies and pricing benefits[98]. Expenses - Research and development expenses for Q3 2025 increased by $22.3 million, or 40.6%, to $77.2 million, representing 10.9% of revenue[99]. - Selling, general and administrative expenses for Q3 2025 rose by $81.1 million, or 34.7%, to $315.2 million, driven by headcount additions and increased advertising expenses[101]. - Selling, general and administrative expenses are expected to increase in 2025 compared to 2024 due to investments in operating structure, particularly in headcount additions for customer support and international expansion[102]. Cash Flow and Financing - Net cash provided by operating activities was $386.0 million for the nine months ended September 30, 2025, primarily driven by net income adjusted for various factors, despite a $37.6 million working capital outflow[126]. - Free cash flow increased to $329.5 million for the nine months ended September 30, 2025, compared to $211.3 million for the same period in 2024, representing a $118.2 million increase[136]. - The company has a $500 million senior secured revolving credit facility, with no amounts outstanding as of September 30, 2025[121]. - The company repaid $33.4 million of Term Loan B and other financings during the nine months ended September 30, 2025, compared to $21.1 million in 2024[131]. Investments and Capital Expenditures - Capital expenditures were $56.5 million for the nine months ended September 30, 2025, a decrease from $71.3 million in the same period in 2024, with expectations for an increase in 2025 as global expansion continues[128]. - The company entered into a purchase agreement for semiconductor chips worth approximately $30 million as of September 30, 2025[118]. Tax and Interest - The effective tax rate was 28.7% for the three months ended September 30, 2025, compared to 6.5% for the same period in 2024, primarily due to the absence of a valuation allowance against deferred tax assets[108]. - Interest expense increased by $3.3 million to $15.6 million for the three months ended September 30, 2025, and by $10.4 million to $44.5 million for the nine months ended September 30, 2025, primarily due to the issuance of 6.5% senior unsecured notes[103]. - Interest income decreased by $1.9 million to $8.6 million for the three months ended September 30, 2025, compared to $10.5 million for the same period in 2024[104]. Shareholder Actions - The company repurchased approximately 184 thousand shares for $59.6 million under a stock repurchase program authorized for up to $125 million through December 31, 2026[124]. - The company repurchased common shares for $59.6 million to offset dilution from stock-based compensation during the nine months ended September 30, 2025[135]. Future Outlook - The company anticipates strong U.S. revenue growth in 2025, primarily from the recurring revenue model and continued volume growth of Omnipod 5[91]. - The company has launched Omnipod 5 in nine additional countries, including Italy, Denmark, and Australia, to expand its international market presence[84]. - The company completed the randomized portion of the RADIANT study to support pricing and market access initiatives for Omnipod 5 with multiple sensors[85]. - The company intends to adopt new accounting standards related to income tax disclosures and expense disaggregation beginning with its annual filing for 2025 and 2027, respectively[140][141].

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 September 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: 1-36313 METALLUS INC. (Exact name of registrant as specified in its charter) | | | (State or other jurisdiction of incorporation or organi ...

Financial Performance - Net sales for Q3 2025 were $305.9 million, an increase of $78.7 million, or 34.6% compared to Q3 2024, driven by higher shipments and favorable surcharges [84]. - For the nine months ended September 30, 2025, net sales were $891.0 million, an increase of $47.5 million, or 5.6% compared to the same period in 2024, primarily due to higher shipments and surcharges [87]. - Gross profit for Q3 2025 increased by $22.9 million, or 189.3% compared to Q3 2024, attributed to higher volume and favorable raw material spread [90]. - Base sales for the three months ended September 30, 2025, were $241.9 million, up from $182.0 million in the same period of 2024, reflecting a growth of approximately 32.8% [106]. - The company reported a total of 163.1 thousand ship tons for the three months ended September 30, 2025, compared to 119.9 thousand ship tons for the same period in 2024, indicating a 36.0% increase in shipment volume [106]. Expenses and Investments - SG&A expenses for Q3 2025 rose by $2.0 million, or 8.9%, compared to Q3 2024, mainly due to higher variable compensation and salary [97]. - Capital investments for Q3 2025 were $28.4 million, with a total of $73.7 million for the nine months ended September 30, 2025, focusing on safety and equipment automation [79]. - Capital expenditures for 2025 are projected to be approximately $120 million, including about $90 million funded by the U.S. government [114]. - Net cash used by investing activities for the nine months ended September 30, 2025, was $44.0 million, compared to $3.6 million in the same period of 2024, due to higher capital expenditures [122]. Liquidity and Cash Flow - Total liquidity as of September 30, 2025, was $436.9 million, including cash and cash equivalents of $191.5 million [81]. - The company’s net cash provided by operating activities for the nine months ended September 30, 2025, was $17.9 million, down from $26.4 million in the same period of 2024, primarily due to increased working capital needs [121]. - Total liquidity as of September 30, 2025, was $436.9 million, slightly down from $458.6 million as of December 31, 2024 [112]. - The company expects to meet its working capital needs and other liquidity requirements for at least the next twelve months based on current cash balances and projected cash flows [113]. Share Repurchase and Taxation - The company repurchased 0.2 million and 0.9 million common shares for $3.0 million and $11.9 million in Q3 and the nine months ended September 30, 2025, respectively [81]. - The company repurchased approximately 0.9 million common shares at an aggregate cost of $11.9 million during the nine months ended September 30, 2025, with an average repurchase price of $14.31 per share [118]. - The effective tax rate for Q3 2025 was 25.7%, up from 16.9% in Q3 2024, primarily due to being in a taxable income position [100]. Government Funding and Support - The company received $10.0 million and $28.0 million from the U.S. government in Q3 and the nine months ended September 30, 2025, respectively, as part of a $99.75 million funding agreement [79]. Market and Economic Conditions - The company is closely monitoring trade developments, including tariffs on steel imports, which are expected to positively impact demand for domestic products [81]. - The company is monitoring the impacts of global economic conditions, including potential slowdowns and political risks in regions where it operates [129]. - The company emphasizes the uncertainty of future results due to various factors, including customer demand fluctuations and economic conditions [126]. - The company is cautious about the potential impacts of pandemics and health issues on its operations [129]. Strategic Focus and Goals - The company is focused on achieving its 2030 environmental goals, which may be impacted by changes in regulations and technology adoption [129]. - The company is focused on improving profitability through strategic actions and initiatives [126]. - The company is investing in equipment to support the U.S. Army's munitions production, contingent on timely funding and successful installation [129]. - The company is assessing the availability of financing and interest rates, which could affect its capital-raising capabilities [129]. - The company faces competitive pressures from both domestic and foreign competitors, including price competition and new product introductions [129]. - The company is committed to maintaining appropriate relations with unions to avoid business disruptions [126].