TELOS CORP
For the period ended Mar 31, 2026. Filed May 11, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 11, 2026
TLS$7.17+48.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| For the Three Months Ended | ||
|---|---|---|
| March 31, 2026 | March 31, 2025 | |
| (in thousands, except per share amounts) | ||
| Revenue – services | $42,061 | $28,845 |
| Revenue – products | 5,681 | 1,771 |
| Total revenue | 47,742 | 30,616 |
| Cost of sales – services (excluding depreciation and amortization) | 23,239 | 15,491 |
| Cost of sales – products (excluding depreciation and amortization) | 4,532 | 1,440 |
| Depreciation and amortization | 2,596 | 1,503 |
| Total cost of sales | 30,367 | 18,434 |
| Gross profit | 17,375 | 12,182 |
| Operating expenses: | ||
| Research and development expenses | 1,357 | 1,571 |
| Selling, general and administrative expenses | 14,563 | 19,633 |
| Total operating expenses | 15,920 | 21,204 |
| Operating income (loss) | 1,455 | (9,022) |
| Other income | 697 | 561 |
| Interest expense | (111) | (147) |
| Income (loss) before income taxes | 2,041 | (8,608) |
| (Provision for) benefit from income taxes | (18) | 4 |
| Net income (loss) | $2,023 | $(8,604) |
| Net income (loss) per share: | ||
| Basic | $0.03 | $(0.12) |
| Diluted | $0.03 | $(0.12) |
| Weighted-average number of shares outstanding: | ||
| Basic | 73,822 | 72,715 |
| Diluted | 77,615 | 72,715 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.