{
  "ticker": {
    "uuid": "d9830ac8-2c5c-4084-bf88-265f5aa458b3",
    "symbol": "BLND",
    "name": "Blend Labs Inc",
    "exchange": "NYSE",
    "exchange_name": "NYSE",
    "country": "US",
    "currency": "USD",
    "sector": "Technology",
    "industry": "Software - Application",
    "page_url": "https://sharemaestro.com/factors/ticker/d9830ac8-2c5c-4084-bf88-265f5aa458b3/",
    "api_url": "https://sharemaestro.com/factors/api/tickers/d9830ac8-2c5c-4084-bf88-265f5aa458b3/"
  },
  "latest_snapshot": {
    "ticker": {
      "uuid": "d9830ac8-2c5c-4084-bf88-265f5aa458b3",
      "symbol": "BLND",
      "name": "Blend Labs Inc",
      "exchange": "NYSE",
      "exchange_name": "NYSE",
      "country": "US",
      "currency": "USD",
      "sector": "Technology",
      "industry": "Software - Application",
      "page_url": "https://sharemaestro.com/factors/ticker/d9830ac8-2c5c-4084-bf88-265f5aa458b3/",
      "api_url": "https://sharemaestro.com/factors/api/tickers/d9830ac8-2c5c-4084-bf88-265f5aa458b3/"
    },
    "week_end_date": "2026-07-26",
    "universe": "USD_US",
    "score": {
      "os": 0.01,
      "value": 0.09,
      "quality": 0.19,
      "momentum": 0.04,
      "coverage": 0.818,
      "confidence": 0.784,
      "delta": 0
    },
    "headline_factors": {
      "price": 1.69,
      "market_cap": 409177148.64,
      "pe_ratio": null,
      "earnings_yield": 0.0006,
      "ebitda_to_ev": 0.0082,
      "shareholder_yield": 0.0957,
      "roe": 0.1005,
      "piotroski_f_score": 4,
      "momentum_12_1": -0.5221,
      "volatility_252d": 0.7606
    },
    "strategy_flags": {
      "market_leader": false,
      "cornerstone_value": false,
      "cornerstone_growth": false,
      "tiny_titan": false,
      "all_cap_buyback": true,
      "small_cap_core": false,
      "veiled_value": false,
      "earnings_consistent_5y": false
    },
    "factor_groups": {
      "valuation": {
        "pe_ratio": null,
        "ev_ebitda": 121.5058,
        "earnings_yield": 0.0006,
        "fcf_yield": 0.0123,
        "shareholder_yield": 0.0957
      },
      "quality": {
        "roe": 0.1005,
        "roic": 0.0002,
        "gross_margin": 0.7487,
        "fcf_margin": 0.0517,
        "piotroski_f_score": 4
      },
      "growth": {
        "revenue_growth_1y": -0.1014,
        "eps_growth_1y": null,
        "fcf_growth_1y": -0.7212
      },
      "momentum": {
        "price_return_12m": -0.5331,
        "momentum_12_1": -0.5221,
        "relative_strength": -0.7015
      },
      "scores": {
        "value_percentile": 0.09,
        "quality_percentile": 0.19,
        "momentum_percentile": 0.04,
        "growth_composite": 84,
        "yield_composite": 14,
        "overall_composite": 99,
        "os_score": 0.01,
        "factor_coverage": 0.818,
        "signal_confidence": 0.784
      }
    }
  },
  "factor_history": [
    {
      "week_end_date": "2026-06-07",
      "price": 1.62,
      "os": 0.01,
      "value": 0.09,
      "quality": 0.21,
      "momentum": 0.03,
      "confidence": 0.818,
      "coverage": 0.818,
      "pe_ratio": null,
      "earnings_yield": 0.0006,
      "shareholder_yield": 0.0998,
      "roe": 0.1005,
      "momentum_12_1": -0.631
    },
    {
      "week_end_date": "2026-06-14",
      "price": 1.69,
      "os": 0.01,
      "value": 0.09,
      "quality": 0.18,
      "momentum": 0.1,
      "confidence": 0.818,
      "coverage": 0.818,
      "pe_ratio": null,
      "earnings_yield": 0.0006,
      "shareholder_yield": 0.0957,
      "roe": 0.1005,
      "momentum_12_1": -0.5511
    },
    {
      "week_end_date": "2026-06-21",
      "price": 1.65,
      "os": 0.01,
      "value": 0.09,
      "quality": 0.2,
      "momentum": 0.04,
      "confidence": 0.818,
      "coverage": 0.818,
      "pe_ratio": null,
      "earnings_yield": 0.0006,
      "shareholder_yield": 0.098,
      "roe": 0.1005,
      "momentum_12_1": -0.5377
    },
    {
      "week_end_date": "2026-06-28",
      "price": 1.73,
      "os": 0.01,
      "value": 0.09,
      "quality": 0.19,
      "momentum": 0.12,
      "confidence": 0.818,
      "coverage": 0.818,
      "pe_ratio": null,
      "earnings_yield": 0.0005,
      "shareholder_yield": 0.0934,
      "roe": 0.1005,
      "momentum_12_1": -0.4543
    },
    {
      "week_end_date": "2026-07-05",
      "price": 1.81,
      "os": 0.01,
      "value": 0.09,
      "quality": 0.2,
      "momentum": 0.04,
      "confidence": 0.811,
      "coverage": 0.818,
      "pe_ratio": null,
      "earnings_yield": 0.0005,
      "shareholder_yield": 0.0893,
      "roe": 0.1005,
      "momentum_12_1": -0.5411
    },
    {
      "week_end_date": "2026-07-12",
      "price": 1.7,
      "os": 0,
      "value": 0.09,
      "quality": 0.2,
      "momentum": 0.01,
      "confidence": 0.802,
      "coverage": 0.818,
      "pe_ratio": null,
      "earnings_yield": 0.0006,
      "shareholder_yield": 0.0951,
      "roe": 0.1005,
      "momentum_12_1": -0.513
    },
    {
      "week_end_date": "2026-07-19",
      "price": 1.81,
      "os": 0.01,
      "value": 0.09,
      "quality": 0.18,
      "momentum": 0.05,
      "confidence": 0.793,
      "coverage": 0.818,
      "pe_ratio": null,
      "earnings_yield": 0.0005,
      "shareholder_yield": 0.0893,
      "roe": 0.1005,
      "momentum_12_1": -0.5104
    },
    {
      "week_end_date": "2026-07-26",
      "price": 1.69,
      "os": 0.01,
      "value": 0.09,
      "quality": 0.19,
      "momentum": 0.04,
      "confidence": 0.784,
      "coverage": 0.818,
      "pe_ratio": null,
      "earnings_yield": 0.0006,
      "shareholder_yield": 0.0957,
      "roe": 0.1005,
      "momentum_12_1": -0.5221
    }
  ],
  "financial_periods": {
    "annual": [
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 123585000,
          "cost_of_revenue": 32418000,
          "gross_profit": 91167000,
          "ebit": -878000,
          "ebitda": 2941000,
          "pretax_income": -878000,
          "tax_provision": 249000,
          "net_income": -8055000,
          "net_income_to_common": -8055000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 43578000,
          "total_current_assets": 97864000,
          "total_assets": 170045000,
          "short_term_debt": 254000,
          "long_term_debt": null,
          "total_debt": 160972000,
          "total_liabilities": 200597000,
          "total_equity": -30552000,
          "shares_outstanding": 258949000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 11512000,
          "capital_expenditure": 11593000,
          "free_cash_flow": 23105000,
          "dividends_paid": null,
          "share_repurchases": -24870000,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 123585000,
          "cost_of_revenue": 32418000,
          "gross_profit": 91167000,
          "ebit": -878000,
          "ebitda": 2941000,
          "pretax_income": -878000,
          "tax_provision": 249000,
          "net_income": -8055000,
          "net_income_to_common": -8055000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 43578000,
          "total_current_assets": 97864000,
          "total_assets": 170045000,
          "short_term_debt": 254000,
          "long_term_debt": null,
          "total_debt": 160972000,
          "total_liabilities": 200597000,
          "total_equity": -30552000,
          "shares_outstanding": 258949000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 11512000,
          "capital_expenditure": 11593000,
          "free_cash_flow": 23105000,
          "dividends_paid": null,
          "share_repurchases": -24870000,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 123585000,
          "cost_of_revenue": 32418000,
          "gross_profit": 91167000,
          "ebit": -878000,
          "ebitda": 2941000,
          "pretax_income": -878000,
          "tax_provision": 249000,
          "net_income": -8055000,
          "net_income_to_common": -8055000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 43578000,
          "total_current_assets": 97864000,
          "total_assets": 170045000,
          "short_term_debt": 254000,
          "long_term_debt": null,
          "total_debt": 160972000,
          "total_liabilities": 200597000,
          "total_equity": -30552000,
          "shares_outstanding": 258949000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 11512000,
          "capital_expenditure": 11593000,
          "free_cash_flow": 23105000,
          "dividends_paid": null,
          "share_repurchases": -24870000,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 123585000,
          "cost_of_revenue": 32418000,
          "gross_profit": 91167000,
          "ebit": -878000,
          "ebitda": 2941000,
          "pretax_income": -878000,
          "tax_provision": 249000,
          "net_income": -8055000,
          "net_income_to_common": -8055000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 43578000,
          "total_current_assets": 97864000,
          "total_assets": 170045000,
          "short_term_debt": 254000,
          "long_term_debt": null,
          "total_debt": 160972000,
          "total_liabilities": 200597000,
          "total_equity": -30552000,
          "shares_outstanding": 258949000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 11512000,
          "capital_expenditure": 11593000,
          "free_cash_flow": 23105000,
          "dividends_paid": null,
          "share_repurchases": -24870000,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 123585000,
          "cost_of_revenue": 32418000,
          "gross_profit": 91167000,
          "ebit": -878000,
          "ebitda": 2941000,
          "pretax_income": -878000,
          "tax_provision": 249000,
          "net_income": -8055000,
          "net_income_to_common": -8055000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 43578000,
          "total_current_assets": 97864000,
          "total_assets": 170045000,
          "short_term_debt": 254000,
          "long_term_debt": null,
          "total_debt": 160972000,
          "total_liabilities": 200597000,
          "total_equity": -30552000,
          "shares_outstanding": 258949000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 11512000,
          "capital_expenditure": 11593000,
          "free_cash_flow": 23105000,
          "dividends_paid": null,
          "share_repurchases": -24870000,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 123585000,
          "cost_of_revenue": 32418000,
          "gross_profit": 91167000,
          "ebit": -878000,
          "ebitda": 2941000,
          "pretax_income": -878000,
          "tax_provision": 249000,
          "net_income": -8055000,
          "net_income_to_common": -8055000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 43578000,
          "total_current_assets": 97864000,
          "total_assets": 170045000,
          "short_term_debt": 254000,
          "long_term_debt": null,
          "total_debt": 160972000,
          "total_liabilities": 200597000,
          "total_equity": -30552000,
          "shares_outstanding": 258949000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 11512000,
          "capital_expenditure": 11593000,
          "free_cash_flow": 23105000,
          "dividends_paid": null,
          "share_repurchases": -24870000,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 123585000,
          "cost_of_revenue": 32418000,
          "gross_profit": 91167000,
          "ebit": -878000,
          "ebitda": 2941000,
          "pretax_income": -878000,
          "tax_provision": 249000,
          "net_income": -8055000,
          "net_income_to_common": -8055000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 43578000,
          "total_current_assets": 97864000,
          "total_assets": 170045000,
          "short_term_debt": 254000,
          "long_term_debt": null,
          "total_debt": 160972000,
          "total_liabilities": 200597000,
          "total_equity": -30552000,
          "shares_outstanding": 258949000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 11512000,
          "capital_expenditure": 11593000,
          "free_cash_flow": 23105000,
          "dividends_paid": null,
          "share_repurchases": -24870000,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2024-12-31",
        "period_type": "annual",
        "fiscal_year": 2024,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 162019000,
          "cost_of_revenue": 71475000,
          "gross_profit": 90544000,
          "ebit": -36563000,
          "ebitda": -31744000,
          "pretax_income": -43310000,
          "tax_provision": 109000,
          "net_income": -49604000,
          "net_income_to_common": -49604000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 42243000,
          "total_current_assets": 135170000,
          "total_assets": 178012000,
          "short_term_debt": 3031000,
          "long_term_debt": null,
          "total_debt": 3832000,
          "total_liabilities": 181993000,
          "total_equity": -56356000,
          "shares_outstanding": 253921000,
          "goodwill_and_intangibles": 2081000
        },
        "cash_flow": {
          "operating_cash_flow": -13044000,
          "capital_expenditure": 9844000,
          "free_cash_flow": -3200000,
          "dividends_paid": null,
          "share_repurchases": 0,
          "shares_issued": 149375000,
          "net_debt_issued": -144500000
        }
      }
    ],
    "quarterly": [
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 30843000,
          "cost_of_revenue": 7478000,
          "gross_profit": 23365000,
          "ebit": -5402000,
          "ebitda": -3467000,
          "pretax_income": -5402000,
          "tax_provision": 63000,
          "net_income": -8049000,
          "net_income_to_common": -8049000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 39365000,
          "total_current_assets": 91396000,
          "total_assets": 161259000,
          "short_term_debt": 254000,
          "long_term_debt": 1103000,
          "total_debt": 165583000,
          "total_liabilities": 217172000,
          "total_equity": -55913000,
          "shares_outstanding": 255630000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 7352000,
          "capital_expenditure": 1117000,
          "free_cash_flow": 8469000,
          "dividends_paid": null,
          "share_repurchases": -16836000,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 30843000,
          "cost_of_revenue": 7478000,
          "gross_profit": 23365000,
          "ebit": -5402000,
          "ebitda": -3467000,
          "pretax_income": -5402000,
          "tax_provision": 63000,
          "net_income": -8049000,
          "net_income_to_common": -8049000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 39365000,
          "total_current_assets": 91396000,
          "total_assets": 161259000,
          "short_term_debt": 254000,
          "long_term_debt": 1103000,
          "total_debt": 165583000,
          "total_liabilities": 217172000,
          "total_equity": -55913000,
          "shares_outstanding": 255630000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 7352000,
          "capital_expenditure": 1117000,
          "free_cash_flow": 8469000,
          "dividends_paid": null,
          "share_repurchases": -16836000,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 30843000,
          "cost_of_revenue": 7478000,
          "gross_profit": 23365000,
          "ebit": -5402000,
          "ebitda": -3467000,
          "pretax_income": -5402000,
          "tax_provision": 63000,
          "net_income": -8049000,
          "net_income_to_common": -8049000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 39365000,
          "total_current_assets": 91396000,
          "total_assets": 161259000,
          "short_term_debt": 254000,
          "long_term_debt": 1103000,
          "total_debt": 165583000,
          "total_liabilities": 217172000,
          "total_equity": -55913000,
          "shares_outstanding": 255630000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 7352000,
          "capital_expenditure": 1117000,
          "free_cash_flow": 8469000,
          "dividends_paid": null,
          "share_repurchases": -16836000,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 30843000,
          "cost_of_revenue": 7478000,
          "gross_profit": 23365000,
          "ebit": -5402000,
          "ebitda": -3467000,
          "pretax_income": -5402000,
          "tax_provision": 63000,
          "net_income": -8049000,
          "net_income_to_common": -8049000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 39365000,
          "total_current_assets": 91396000,
          "total_assets": 161259000,
          "short_term_debt": 254000,
          "long_term_debt": 1103000,
          "total_debt": 165583000,
          "total_liabilities": 217172000,
          "total_equity": -55913000,
          "shares_outstanding": 255630000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 7352000,
          "capital_expenditure": 1117000,
          "free_cash_flow": 8469000,
          "dividends_paid": null,
          "share_repurchases": -16836000,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 30843000,
          "cost_of_revenue": 7478000,
          "gross_profit": 23365000,
          "ebit": -5402000,
          "ebitda": -3467000,
          "pretax_income": -5402000,
          "tax_provision": 63000,
          "net_income": -8049000,
          "net_income_to_common": -8049000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 39365000,
          "total_current_assets": 91396000,
          "total_assets": 161259000,
          "short_term_debt": 254000,
          "long_term_debt": 1103000,
          "total_debt": 165583000,
          "total_liabilities": 217172000,
          "total_equity": -55913000,
          "shares_outstanding": 255630000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 7352000,
          "capital_expenditure": 1117000,
          "free_cash_flow": 8469000,
          "dividends_paid": null,
          "share_repurchases": -16836000,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 30843000,
          "cost_of_revenue": 7478000,
          "gross_profit": 23365000,
          "ebit": -5402000,
          "ebitda": -3467000,
          "pretax_income": -5402000,
          "tax_provision": 63000,
          "net_income": -8049000,
          "net_income_to_common": -8049000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 39365000,
          "total_current_assets": 91396000,
          "total_assets": 161259000,
          "short_term_debt": 254000,
          "long_term_debt": 1103000,
          "total_debt": 165583000,
          "total_liabilities": 217172000,
          "total_equity": -55913000,
          "shares_outstanding": 255630000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 7352000,
          "capital_expenditure": 1117000,
          "free_cash_flow": 8469000,
          "dividends_paid": null,
          "share_repurchases": -16836000,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 30843000,
          "cost_of_revenue": 7478000,
          "gross_profit": 23365000,
          "ebit": -4399000,
          "ebitda": -2464000,
          "pretax_income": -5402000,
          "tax_provision": 63000,
          "net_income": -8049000,
          "net_income_to_common": -8049000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 39365000,
          "total_current_assets": 91396000,
          "total_assets": 161259000,
          "short_term_debt": 254000,
          "long_term_debt": 1103000,
          "total_debt": 165583000,
          "total_liabilities": 217172000,
          "total_equity": -55913000,
          "shares_outstanding": 255630000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 7352000,
          "capital_expenditure": 1117000,
          "free_cash_flow": 8469000,
          "dividends_paid": null,
          "share_repurchases": -16836000,
          "shares_issued": null,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 32432000,
          "cost_of_revenue": 7985000,
          "gross_profit": 24447000,
          "ebit": -3130000,
          "ebitda": -1749000,
          "pretax_income": -3130000,
          "tax_provision": 151000,
          "net_income": -3458000,
          "net_income_to_common": -3458000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 43578000,
          "total_current_assets": 97864000,
          "total_assets": 170045000,
          "short_term_debt": 254000,
          "long_term_debt": 1223000,
          "total_debt": 1477000,
          "total_liabilities": 200518000,
          "total_equity": -30473000,
          "shares_outstanding": 258121000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 980000,
          "capital_expenditure": 1001000,
          "free_cash_flow": 1981000,
          "dividends_paid": null,
          "share_repurchases": -15727000,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 32432000,
          "cost_of_revenue": 7985000,
          "gross_profit": 24447000,
          "ebit": -3130000,
          "ebitda": -1749000,
          "pretax_income": -3130000,
          "tax_provision": 151000,
          "net_income": -3458000,
          "net_income_to_common": -3458000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 43578000,
          "total_current_assets": 97864000,
          "total_assets": 170045000,
          "short_term_debt": 254000,
          "long_term_debt": 1223000,
          "total_debt": 1477000,
          "total_liabilities": 200518000,
          "total_equity": -30473000,
          "shares_outstanding": 258121000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 980000,
          "capital_expenditure": 1001000,
          "free_cash_flow": 1981000,
          "dividends_paid": null,
          "share_repurchases": -15727000,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 32432000,
          "cost_of_revenue": 7985000,
          "gross_profit": 24447000,
          "ebit": -3130000,
          "ebitda": -1749000,
          "pretax_income": -3130000,
          "tax_provision": 151000,
          "net_income": -3458000,
          "net_income_to_common": -3458000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 43578000,
          "total_current_assets": 97864000,
          "total_assets": 170045000,
          "short_term_debt": 254000,
          "long_term_debt": 1223000,
          "total_debt": 1477000,
          "total_liabilities": 200518000,
          "total_equity": -30473000,
          "shares_outstanding": 258121000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 980000,
          "capital_expenditure": 1001000,
          "free_cash_flow": 1981000,
          "dividends_paid": null,
          "share_repurchases": -15727000,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 32432000,
          "cost_of_revenue": 7985000,
          "gross_profit": 24447000,
          "ebit": -3130000,
          "ebitda": -1749000,
          "pretax_income": -3130000,
          "tax_provision": 151000,
          "net_income": -3458000,
          "net_income_to_common": -3458000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 43578000,
          "total_current_assets": 97864000,
          "total_assets": 170045000,
          "short_term_debt": 254000,
          "long_term_debt": 1223000,
          "total_debt": 1477000,
          "total_liabilities": 200518000,
          "total_equity": -30473000,
          "shares_outstanding": 258121000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 980000,
          "capital_expenditure": 1001000,
          "free_cash_flow": 1981000,
          "dividends_paid": null,
          "share_repurchases": -15727000,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 32432000,
          "cost_of_revenue": 7985000,
          "gross_profit": 24447000,
          "ebit": -3130000,
          "ebitda": -1749000,
          "pretax_income": -3130000,
          "tax_provision": 151000,
          "net_income": -3458000,
          "net_income_to_common": -3458000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 43578000,
          "total_current_assets": 97864000,
          "total_assets": 170045000,
          "short_term_debt": 254000,
          "long_term_debt": 1223000,
          "total_debt": 1477000,
          "total_liabilities": 200518000,
          "total_equity": -30473000,
          "shares_outstanding": 258121000,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 980000,
          "capital_expenditure": 1001000,
          "free_cash_flow": 1981000,
          "dividends_paid": null,
          "share_repurchases": -15727000,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      }
    ]
  },
  "strategy_matches": [
    {
      "key": "ebitda_ev",
      "name": "EBITDA/EV Value",
      "slug": "ebitda-ev",
      "group": "value",
      "page_url": "/factors/ebitda-ev/"
    },
    {
      "key": "sector_relative",
      "name": "Cheapest in Sector",
      "slug": "sector-relative",
      "group": "value",
      "page_url": "/factors/sector-relative/"
    },
    {
      "key": "capital_allocators",
      "name": "Capital Allocators",
      "slug": "capital-allocators",
      "group": "quality",
      "page_url": "/factors/capital-allocators/"
    },
    {
      "key": "risk_adj_momentum",
      "name": "Risk-Adjusted Momentum",
      "slug": "risk-adj-momentum",
      "group": "momentum",
      "page_url": "/factors/risk-adj-momentum/"
    },
    {
      "key": "shareholder_yield",
      "name": "Shareholder Yield",
      "slug": "shareholder-yield",
      "group": "income",
      "page_url": "/factors/shareholder-yield/"
    }
  ],
  "coverage": {
    "factor_history_points": 8,
    "annual_financial_periods": 8,
    "quarterly_financial_periods": 12,
    "latest_factor_week": "2026-07-26",
    "latest_financials_period_end": "2026-03-31"
  },
  "schema": {
    "public_fields_only": true
  }
}