7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-06-30 
      
    		                
      cash flows from operating activities
    		                
      net income
    		-129,900,000 -206,000,000 -93,400,000 -198,100,000 -115,300,000 -106,900,000 -116,500,000 -109,100,000 -51,600,000 -184,100,000 -113,100,000 -95,400,000 -91,000,000 -71,700,000 -59,200,000 3,252,607 
      adjustments to reconcile net income to net cash from operating activities:
    		                
      depreciation and amortization expense
    		5,100,000 4,800,000 4,100,000              
      debt discount and issuance cost amortization
    		       200,000 200,000 100,000 200,000 100,000 100,000 100,000 200,000  
      stock-based compensation
    		52,700,000 51,800,000 30,100,000 23,900,000 21,400,000 22,800,000 40,700,000 20,400,000 -27,400,000 26,500,000 25,700,000 26,500,000 26,200,000 25,600,000 24,500,000  
      change in fair value of warrant liabilities
    		-29,100,000 40,000,000 -41,700,000            -6,600,000  
      gain on issuance of common stock
    		   0    0 0        
      non-cash lease expense
    		1,200,000 1,000,000 800,000 800,000 800,000 700,000 700,000 700,000 600,000 1,100,000 1,400,000 1,400,000 1,100,000 1,200,000 900,000  
      research and development warrant expense
    		800,000 800,000 800,000 2,000,000 2,000,000 2,000,000 2,100,000 4,400,000 4,400,000 4,500,000 4,200,000 0 500,000 1,200,000 1,200,000  
      general and administrative warrant expense
    		   0             
      technology and dispute resolution agreements expense
    		   0 0 0 5,600,000 -5,000,000 2,300,000        
      changes in operating assets and liabilities:
    		                
      prepaid expenses
    		1,100,000 2,100,000 -1,600,000 -2,000,000 -4,500,000 2,300,000 200,000 -4,000,000 2,700,000 200,000 3,000,000 1,000,000 -700,000 -800,000 -1,700,000  
      other current assets
    		-9,000,000 2,100,000 -1,200,000 -1,300,000 -1,100,000 -600,000 -1,100,000 500,000 -100,000 700,000 -300,000 -700,000 600,000 -1,000,000 -100,000  
      other long-term assets
    		-1,500,000 400,000 -1,700,000 -500,000 -700,000 -600,000 -600,000 -4,900,000 1,700,000 -1,200,000 -600,000 -1,400,000 300,000 900,000 600,000  
      accounts payable
    		500,000 4,900,000 500,000 -1,700,000 -7,000,000   -1,100,000 2,100,000 5,700,000 2,500,000 -1,600,000 3,100,000 0 -1,600,000  
      accrued expenses and other current liabilities
    		7,300,000 -4,100,000 8,100,000 -10,100,000   1,700,000 3,900,000 -14,400,000 3,900,000 8,900,000 9,700,000 -5,600,000 6,200,000 5,300,000  
      operating lease right-of-use assets and lease liabilities
    		-1,600,000 -1,200,000 -1,000,000 -1,000,000 -500,000 -1,000,000 -800,000 -400,000 -500,000 4,500,000 -1,200,000 -900,000 -1,000,000 -600,000 -900,000  
      other long-term liabilities
    		-3,300,000 0 1,600,000 300,000 -100,000   1,000,000 900,000 0 -300,000 -200,000 9,800,000    
      net cash from operating activities
    		-105,600,000 -103,400,000 -94,600,000 -104,400,000 -97,200,000 -80,500,000 -86,500,000 -84,000,000 -66,800,000 -57,100,000 -63,700,000 -67,200,000 -50,800,000 -45,600,000 -36,800,000  
      capex
    		-20,300,000 -20,000,000 -3,300,000 -24,200,000 -19,600,000 -18,800,000 -7,300,000 -9,000,000 -22,100,000 2,300,000 -5,600,000 -3,400,000 100,000 -1,500,000 -600,000  
      free cash flows
    		-125,900,000 -123,400,000 -97,900,000 -128,600,000 -116,800,000 -99,300,000 -93,800,000 -93,000,000 -88,900,000 -54,800,000 -69,300,000 -70,600,000 -50,700,000 -47,100,000 -37,400,000  
      cash flows from investing activities
    		                
      purchase of short-term investments
    		           200,000     
      purchase of property and equipment
    		-20,300,000 -18,900,000 -10,000,000 -24,200,000 -19,600,000 -20,900,000 -17,300,000 -9,000,000 -15,800,000 -8,100,000 -11,400,000 -3,300,000 -1,500,000 -1,500,000 -600,000  
      acquisition of intangible assets
    		-100,000                
      net cash from investing activities
    		-1,068,500,000 -24,100,000 -10,000,000 -24,200,000 -19,600,000 -20,900,000 -17,300,000 -9,000,000 -15,800,000 142,900,000 302,600,000 26,900,000 -489,100,000 -1,500,000 -600,000  
      cash flows from financing activities
    		                
      proceeds from issuance of debt
    		   0 31,700,000 14,800,000 11,000,000          
      payment of debt issuance costs
    		   -100,000 -300,000 -200,000 -100,000          
      proceeds from pipe financing
    		0 0 10,000,000 425,000,000    0         
      proceeds from registered direct offering
    		0 850,000,000 301,800,000              
      proceeds from shares issued under at-the-market program
    		   51,300,000 13,700,000 39,400,000 33,900,000          
      payment of offering costs in connection with financing activities
    		100,000 -32,700,000 -11,600,000              
      proceeds from shares issued under employee stock purchase plan
    		0   2,500,000 0   1,600,000 0        
      proceeds from issuance of common stock
    		   0    70,000,000 0        
      net cash from financing activities
    		46,400,000 821,100,000 300,200,000 461,500,000 258,100,000 56,000,000 44,800,000 95,800,000 136,500,000 22,600,000 -4,800,000 -2,800,000 -2,400,000 -2,300,000 -2,400,000  
      net increase in cash, cash equivalents, and restricted cash
    		-1,127,700,000 693,600,000 195,600,000 332,900,000 141,300,000 -45,400,000 -59,000,000 2,800,000 53,900,000 108,400,000 234,100,000      
      cash, cash equivalents, and restricted cash, beginning of period
    		0 0 841,300,000 0 0 0 471,500,000 0 0 0 72,300,000 0 0 0 746,900,000  
      cash, cash equivalents, and restricted cash, end of period
    		-1,127,700,000 693,600,000 1,036,900,000 332,900,000 141,300,000 -45,400,000 412,500,000 2,800,000 53,900,000 108,400,000 306,400,000 -43,100,000 -542,300,000 -49,400,000 707,100,000  
      supplemental cash flow information:
    		                
      cash paid for interest
    		1,000,000 1,100,000 1,000,000   500,000 200,000  200,000 200,000 300,000 300,000 400,000 500,000 300,000  
      non-cash investing and financing activities:
    		                
      purchases of property and equipment included in accounts payable and accrued expenses
    		 -1,100,000 6,700,000   2,100,000 10,000,000  -6,300,000 10,400,000 5,800,000 -100,000 1,600,000    
      offering costs in connection with financing activities through issuance of common stock
    		                
      payment of offering costs in connection with financing activities in common stock
    		  1,200,000              
      depreciation, amortization and other
    		   3,500,000 3,300,000 2,600,000 2,300,000 2,300,000 2,100,000 1,100,000 1,000,000 1,700,000     
      change in fair value of warrant liabilities and other warrant costs
    		   79,800,000 0 -9,500,000 -20,800,000 7,100,000 10,200,000 10,600,000 5,000,000 -8,500,000 100,000    
      other warrant expense
    		       0 0 0 2,100,000 4,800,000     
      interest income on short-term investments
    		          -200,000 -200,000     
      accretion and amortization income of short-term investments
    		       0 0 -300,000 -2,000,000 -3,500,000     
      proceeds from maturities of short-term investments
    		       0 0 151,000,000 314,000,000      
      repayment of long-term debt
    		       -2,500,000 -2,500,000 -2,500,000 -2,500,000  -2,500,000 -2,500,000 -2,500,000  
      payments for taxes related to net share settlement of equity awards
    		       0 0 -1,200,000 -2,300,000      
      payment of offering costs in connection with pipe financing
    		   -17,200,000    0         
      payment of offering costs in connection with at-the-market program
    		   0 0            
      proceeds from exercise of stock options
    		           -300,000 100,000 200,000 100,000  
      gain on forgiveness of ppp loan
    		                
      proceeds from shares issued under at-the-market offering
    		                
      payment of offering costs in connection with at-the-market offering
    		                
      recapitalization transaction
    		                
      recapitalization transaction costs
    		                
      proceeds from exercise of stock warrants
    		                
      repayment of debt
    		                
      allocation of debt proceeds to stock warrants
    		                
      conversion of convertible preferred stock to common stock in connection with the reverse recapitalization
    		                
      pipe financing issuance costs settled with the issuance of class a common stock
    		                
      recapitalization transaction costs settled with the issuance of class a common stock
    		                
      net decrease in cash, cash equivalents, and restricted cash
    		            -542,300,000 -49,400,000 -39,800,000  
      depreciation and amortization
    		             700,000 600,000  
      purchases of property and equipment included in accounts payable
    		                
      debt discount amortization
    		                
      non-cash interest
    		                
      operating lease liabilities
    		                
      purchase of domain names
    		                
      proceeds from issuance of preferred stock
    		                
      net increase in cash and cash equivalents
    		                
      cash and cash equivalents, beginning of period
    		                
      cash and cash equivalents, end of period
    		                
      promissory notes and interest settled with preferred shares
    		                
      class a common stock subject to possible redemption
    		                
      numerator: earnings attributable to class a common stock subject to possible redemption
    		                
      unrealized gain on investments held in trust account
    		               5,002 
      interest and dividend income on investments held in trust account
    		               8,633 
      less: income available to be withdrawn for payment of taxes
    		               -13,635 
      net earnings attributable to class a common stock subject to possible redemption
    		                
      ​
    		                
      denominator: weighted-average class a common stock subject to possible redemption
    		                
      basic and diluted weighted-average shares outstanding, class a common stock subject to possible redemption
    		               50,000,000 
      basic and diluted net earnings per share, class a common stock subject to possible redemption
    		               0 
      non-redeemable class b common stock
    		                
      numerator: non-redeemable net income
    		                
      less: net earnings attributable to class a common stock subject to possible redemption
    		                
      non-redeemable net income
    		               3,252,607 
      denominator: weighted-average non-redeemable class b common stock
    		                
      basic and diluted weighted-average shares outstanding, non-redeemable class b common stock
    		               12,500,000 
      basic and diluted net income per share, non-redeemable class b common stock
    		               0.26 
      less: unrealized gain available to be withdrawn for payment of taxes
    		                
      numerator: net income minus net earnings
    		                
      redeemable class a common stock
    		                
      numerator: earnings allocable to redeemable class a common stock
    		                
      franchise tax expense
    		                
      net earnings
    		                
      denominator: weighted-average redeemable class a common stock
    		                
      basic and diluted weighted-average shares outstanding, redeemable class a common stock
    		                
      basic and diluted net earnings per share, redeemable class a common stock
    		                
      non-redeemable class a and class b common stock
    		                
      denominator: weighted-average non-redeemable class a and class b common stock
    		                
      basic and diluted weighted-average shares outstanding, non-redeemable class a and class b common stock
    		                
      basic and diluted net income per share, non-redeemable class a and class b common stock
    		                
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.