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 2021-12-31 2021-09-30 2021-06-30 
      
    		                  
      assets
    		                  
      current assets:
    		                  
      cash and cash equivalents
    		50,106,000 220,942,000 44,220,000 33,751,000 31,115,000 31,069,000 9,122,000 23,491,000 32,180,000 60,901,000 26,571,000 22,397,000 22,419,000 27,457,000 28,137,000 54,197,000 180,878,000 59,150,000 
      investments
    		148,799,000                  
      prepaid expenses and other current assets
    		2,455,000 2,042,000 1,163,000 1,494,000 1,875,000 6,558,000 3,905,000 1,793,000 2,404,000 2,374,000 1,640,000 2,276,000 2,578,000 1,461,000 4,813,000 6,958,000 2,224,000 159,000 
      total current assets
    		201,360,000 222,984,000 77,373,000 80,117,000 90,605,000 110,760,000 103,239,000 124,232,000 137,603,000 152,470,000 120,569,000 131,496,000 145,156,000 153,449,000 165,885,000 174,333,000 183,102,000 59,309,000 
      property and equipment
    		176,000 147,000 2,000 6,000 14,000 232,000 260,000 288,000 316,000 245,000 267,000 242,000 330,000 316,000 288,000 186,000 162,000 35,000 
      operating lease right-of-use asset
    		740,000 777,000            1,188,000 499,000 542,000   
      other assets
    		174,000 60,000                 
      total assets
    		202,450,000 223,968,000 77,533,000 80,332,000 90,959,000 111,694,000 106,821,000 127,418,000 140,876,000 155,755,000 124,393,000 135,301,000 147,656,000 155,684,000 166,999,000 175,363,000 184,125,000 62,434,000 
      liabilities, convertible preferred stock and stockholders' equity
    		                  
      current liabilities:
    		                  
      accounts payable
    		1,350,000 7,586,000 69,000 224,000 908,000 4,179,000 3,313,000 2,396,000 3,504,000 5,529,000 4,726,000 2,575,000 4,541,000 2,068,000 2,863,000 1,208,000 2,555,000 3,042,000 
      accrued expenses and other current liabilities
    		14,012,000 8,091,000                 
      related party accrued expenses and other current liabilities
    		2,048,000 2,380,000                 
      warrant liability, related party
    		4,947,000 3,563,000                 
      total current liabilities
    		22,357,000 21,620,000 2,417,000 3,828,000 10,315,000 17,020,000 15,518,000 17,637,000 14,725,000 13,284,000 10,637,000 7,782,000 7,705,000 3,756,000 4,703,000 2,550,000 3,825,000 4,193,000 
      long-term liabilities:
    		                  
      convertible notes payable
    		                  
      long-term lease liability
    		747,000 792,000                 
      total liabilities
    		23,104,000 22,412,000 2,487,000 3,898,000 10,466,000 17,296,000 15,917,000 17,962,000 15,153,000 13,829,000 11,298,000 8,558,000 8,518,000 4,631,000 5,052,000 2,945,000 4,277,000  
      commitments and contingencies
    		                  
      series seed convertible preferred stock, 0.0001 par value; no shares and 20,000,000 shares authorized as of september 30, 2025 and december 31, 2024, respectively; no shares and 20,000,000 issued and outstanding as of september 30, 2025 and december 31, 2024, respectively; liquidation preference of 2 as of december 31, 2024 and none as of september 30, 2025, respectively
    		                  
      stockholders’ equity
    		                  
      series a non-voting convertible preferred stock, 0.0001 par value; 12,622 and no shares authorized as of september 30, 2025 and december 31, 2024, respectively; 12,622 shares and no shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively
    		2,000                  
      common stock
    		3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 3,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000  
      additional paid-in capital
    		321,769,000 318,857,000 310,563,000 309,378,000 307,888,000 305,863,000 277,544,000 272,640,000 268,926,000 265,594,000 217,717,000 215,110,000 212,788,000 211,129,000 209,891,000 208,867,000 208,015,000 407,000 
      accumulated other comprehensive income
    		29,000     -83,000 -33,000 237,000           
      accumulated deficit
    		-142,457,000 -117,282,000 -235,570,000 -233,052,000 -227,622,000 -211,385,000 -186,610,000 -163,424,000 -143,011,000 -123,448,000 -104,423,000 -87,903,000 -72,881,000 -59,293,000 -47,302,000 -36,392,000 -28,169,000 -21,985,000 
      total stockholders’ equity
    		179,346,000 201,556,000 75,046,000 76,434,000 80,493,000 94,398,000 90,904,000 109,456,000 125,723,000 141,926,000 113,095,000 126,743,000 139,138,000 151,053,000 161,947,000 172,418,000 179,848,000  
      total liabilities, series seed convertible preferred stock and stockholders' equity
    		202,450,000 223,968,000                 
      series seed convertible preferred stock, 0.0001 par value; no shares and 20,000,000 shares authorized as of june 30, 2025 and december 31, 2024, respectively; no shares and 20,000,000 issued and outstanding as of june 30, 2025 and december 31, 2024, respectively; liquidation preference of 2 as of december 31, 2024 and none as of june 30, 2025, respectively
    		                  
      series a non-voting convertible preferred stock, 0.0001 par value; 12,622 and no shares authorized as of june 30, 2025 and december 31, 2024, respectively; 12,622 shares and no shares issued and outstanding as of june 30, 2025 and december 31, 2024, respectively
    		 2,000                 
      accumulated other comprehensive loss
    		 -24,000       -195,000 -223,000 -201,000 -466,000 -771,000 -785,000 -644,000 -59,000   
      short-term investments
    		  31,990,000 44,872,000 57,615,000 73,133,000 90,212,000 98,948,000 103,019,000 89,195,000 92,358,000 106,823,000 120,159,000 124,531,000 132,935,000 113,178,000   
      operating lease right-of-use assets
    		  158,000 209,000 259,000 621,000 725,000 614,000 713,000 811,000 908,000 1,003,000 1,094,000    583,000  
      ​
    		                  
      liabilities and stockholders’ equity
    		                  
      accrued and other current liabilities
    		  2,036,000 3,187,000 8,948,000 12,366,000 11,760,000 14,821,000 10,770,000 7,376,000 5,538,000 4,822,000 2,785,000 1,341,000 1,647,000 1,150,000 1,123,000 1,151,000 
      operating lease liabilities
    		  312,000 417,000 459,000 475,000 445,000 420,000 451,000 379,000 373,000 385,000 379,000    147,000  
      other liabilities
    		  70,000 70,000 70,000 70,000 70,000 70,000 70,000 69,000 70,000 71,000 13,000 13,000 14,000 13,000   
      stockholders’ equity:
    		                  
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of march 31, 2025 and december 31, 2024, respectively; no shares issued and outstanding at march 31, 2025 and december 31, 2024, respectively
    		                  
      accumulated other comprehensive gain
    		  50,000 105,000 224,000              
      total liabilities and stockholders’ equity
    		  77,533,000 80,332,000 90,959,000 111,694,000 106,821,000 127,418,000 140,876,000 155,755,000 124,393,000 135,301,000 147,656,000 155,684,000 166,999,000    
      other long-term assets
    		    81,000 81,000 2,597,000 2,284,000 2,244,000 2,229,000 2,649,000 2,560,000 1,076,000 731,000 327,000 302,000 278,000 3,090,000 
      operating lease liabilities, net of current portion
    		    81,000 206,000 329,000 255,000 358,000 476,000 591,000 705,000 800,000 862,000 335,000 382,000 452,000  
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of december 31, 2024 and december 31, 2023, respectively; no shares issued and outstanding at december 31, 2024 and december 31, 2023, respectively
    		                  
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of september 30, 2024 and december 31, 2023, respectively; no shares issued and outstanding at september 30, 2024 and december 31, 2023, respectively
    		                  
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of june 30, 2024 and december 31, 2023, respectively; no shares issued and outstanding at june 30, 2024 and december 31, 2023, respectively
    		                  
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of march 31, 2024 and december 31, 2023, respectively; no shares issued and outstanding at march 31, 2024 and december 31, 2023, respectively
    		                  
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of december 31, 2023 and december 31, 2022, respectively; no shares issued and outstanding at december 31, 2023 and december 31, 2022, respectively
    		                  
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of september 30, 2023 and december 31, 2022, respectively; no shares issued and outstanding at september 30, 2023 and december 31, 2022, respectively
    		                  
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of june 30, 2023 and december 31, 2022, respectively; no shares issued and outstanding at june 30, 2023 and december 31, 2022, respectively
    		                  
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of march 31, 2023 and december 31, 2022, respectively; no shares issued and outstanding at march 31, 2023 and december 31, 2022, respectively
    		                  
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of december 31, 2022 and december 31, 2021, respectively; no shares issued and outstanding at december 31, 2022 and december 31, 2021, respectively
    		                  
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of september 30, 2022 and december 31, 2021, respectively; no shares issued and outstanding at september 30, 2022 and december 31, 2021, respectively
    		                  
      operating lease liability
    		             347,000 193,000 192,000   
      preferred stock, 0.0001 par value; 10,000,000 shares authorized as of june 30, 2022 and december 31, 2021, respectively; no shares issued and outstanding at june 30, 2022 and december 31, 2021, respectively
    		                  
      preferred stock, 0.0001 par value; 10,000,000 shares authorized and no issued or outstanding as of march 31, 2022 and december 31, 2021
    		                  
      liabilities, redeemable convertible preferred stock and stockholders’ equity
    		                  
      series a redeemable convertible preferred stock, 0.0001 par value; 0 and 40,052,154 shares authorized at december 31, 2021 and december 31, 2020, respectively; 0 and 6,489,534 shares issued and outstanding at december 31, 2021 and december 31, 2020, respectively
    		                  
      series seed redeemable convertible preferred stock, 0.0001 par value; 0 and 4,000,000 shares authorized, issued and outstanding at december 31, 2021 and december 31, 2020, respectively
    		                  
      temporary equity value
    		                  
      total liabilities, redeemable convertible preferred stock and stockholders’ equity
    		               175,363,000 184,125,000  
      series a redeemable convertible preferred stock, 0.0001 par value; 0 and 40,052,154 shares authorized at september 30, 2021 and december 31, 2020, respectively; 0 and 6,489,534 shares issued and outstanding at september 30, 2021 and december 31, 2020, respectively
    		                  
      series seed redeemable convertible preferred stock, 0.0001 par value; 0 and 4,000,000 shares authorized, issued and outstanding at september 30, 2021 and december 31, 2020, respectively
    		                  
      redeemable convertible preferred stock
    		                  
      liabilities, redeemable convertible preferred stock and stockholders' deficit
    		                  
      series a redeemable convertible preferred stock, 0.0001 par value;
    		                  
      40,052,154 shares authorized at june 30, 2021 and december 31, 2020; 40,052,154 and
    		                  
      6,489,534 shares issued and outstanding at june 30, 2021 and december 31, 2020,
    		                  
      respectively; aggregate liquidation preference of 75,819 at june 30, 2021
    		                 75,819,000 
      series seed redeemable convertible preferred stock, 0.0001 par value;
    		                  
      4,000,000 shares authorized, issued and outstanding at june 30, 2021 and
    		                  
      december 31, 2020; aggregate liquidation preference of 4,000 at june 30, 2021
    		                 4,000,000 
      stockholders' deficit:
    		                  
      december 31, 2020, respectively; 243,076 shares issued and outstanding at
    		                  
      june 30, 2021 and december 31, 2020, respectively
    		                  
      total stockholders' deficit
    		                 -21,578,000 
      total liabilities, redeemable convertible preferred stock and stockholders’ deficit
    		                 62,434,000 
    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.