7Baggers
Quarterly
Annual
    Unit: USD2024-12-31 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 
      
    		               
      cash flows from operating activities:
    		               
      net income
    		-11,509,000 -5,263,000 -10,039,000 -4,902,000 -10,108,000 -10,337,000 -11,663,000 -14,202,000 -21,270,000 -10,639,000 -15,408,000 -36,710,000 -13,240,000 6,455,000 -24,804,000 
      adjustments to reconcile net income to cash from operating activities:
    		               
      depreciation & amortization
    		2,704,000 2,800,000 2,879,000 3,703,000 2,958,000 3,073,000 2,868,000 2,919,000 2,491,000 755,000 3,262,000 1,479,000 1,123,000 957,000 844,000 
      impairment of assets
    		0 1,343,000 799,000 0 109,000   404,000        
      non-cash lease expense
    		986,000 1,567,000 957,000             
      loss on disposal of assets
    		   0            
      amortization of deferred financing fees and debt discount
    		97,000 101,000 101,000 100,000 104,000 189,000 185,000 182,000 168,000 165,000 161,000 158,000 148,000 177,000 346,000 
      bad debt expense
    		   120,000 0   -625,000 249,000 312,000 242,000     
      stock-based compensation expense
    		3,873,000 2,957,000 2,941,000 2,421,000 3,596,000 3,689,000 3,225,000 2,935,000 3,681,000 3,852,000 4,343,000 6,825,000 4,209,000 3,729,000 3,098,000 
      benefit from inventory obsolescence
    		-283,000 126,000 1,229,000             
      gain on extinguishment of debt
    		               
      change in fair value of warrant liabilities and derivatives
    		-261,000 522,000 391,000 -522,000 -782,000 -130,000 -1,304,000 1,173,000 -1,564,000 1,038,000 -5,997,000 5,665,000 -14,470,000 -28,290,000 3,899,000 
      paid in kind interest on convertible notes
    		   0    0    0    
      changes in operating assets and liabilities:
    		               
      accounts receivable
    		5,486,000 -9,842,000 637,000 -1,359,000 5,932,000 -7,296,000 1,427,000 -1,346,000 12,513,000 -9,531,000 1,383,000 10,191,000 -9,330,000 -2,794,000 818,000 
      inventory
    		-1,642,000 -8,134,000 2,521,000 15,731,000 10,910,000 2,796,000 11,269,000 23,216,000 17,948,000 -2,395,000 -5,220,000 -9,648,000 -20,373,000 -28,012,000 -24,851,000 
      prepaid expenses and other current assets
    		-1,606,000 500,000 -999,000 49,000 -135,000 614,000 -1,602,000 2,776,000 262,000 -415,000 -69,000 -630,000 1,760,000 -856,000 -1,329,000 
      other noncurrent assets
    		-397,000 -1,679,000 343,000   0 -125,000         
      accounts payable and accrued expenses
    		3,791,000 20,509,000 2,396,000 -12,885,000 1,532,000 8,398,000 -14,824,000 5,796,000 -19,707,000 16,865,000 -2,497,000 -1,213,000 2,979,000 -1,586,000 -13,683,000 
      deferred revenue
    		88,000 -3,063,000 542,000 -3,061,000 4,678,000 -2,004,000 -1,427,000 -5,145,000 4,034,000 -5,599,000 2,932,000 -4,661,000 7,812,000 -2,257,000 3,478,000 
      operating lease liabilities
    		-1,332,000 -1,306,000 -1,281,000 -1,308,000 -1,722,000 -883,000 -917,000 -974,000 -797,000 -764,000 -746,000     
      other liabilities
    		-3,617,000 1,636,000 -1,625,000 623,000 -3,475,000 314,000 474,000 2,319,000 -2,374,000 354,000 -119,000 -3,880,000 -2,733,000 6,003,000 -11,948,000 
      net cash from operating activities
    		-1,387,000 2,774,000 1,792,000 -1,046,000 15,022,000 2,825,000 -10,741,000 19,180,000 5,077,000 -2,138,000 -17,425,000 -25,801,000 -38,518,000 -46,148,000 -61,871,000 
      cash flows from investing activities:
    		               
      capital expenditures
    		-577,000 -1,808,000 -2,043,000 -2,132,000 -1,766,000 -1,961,000 -2,972,000 -2,466,000 -4,746,000 -9,373,000 -4,735,000 -3,567,000 -6,602,000   
      free cash flows
    		-1,964,000 966,000 -251,000 -3,178,000 13,256,000 864,000 -13,713,000 16,714,000 331,000 -11,511,000 -22,160,000 -29,368,000 -45,120,000   
      net cash from investing activities
    		-577,000 -1,808,000 -2,043,000 -2,132,000 -1,766,000 -1,961,000 -2,972,000 -2,291,000 -4,746,000 -9,373,000 -4,735,000 -3,567,000 -6,602,000 -2,698,000 -8,305,000 
      cash flows from financing activities:
    		               
      payment of finance lease obligations
    		-53,000 -58,000 -54,000 -54,000 -55,000 -48,000 -58,000 -19,000 -2,016,000 -157,000 -153,000     
      proceeds from the exercise of stock options
    		261,000 148,000 145,000 3,000 11,000 13,000 81,000 38,000 84,000 742,000 154,000 471,000 1,698,000 934,000 197,000 
      proceeds from issuance of common stock under espp
    		232,000 0 193,000 0 203,000 0 286,000 0        
      tax payments related to the issuance of common stock
    		-561,000 -1,365,000 -255,000  -192,000 -289,000 -530,000         
      excise tax from stock repurchases
    		9,000 -9,000 -43,000 -21,000            
      payments to repurchase common stock
    		-2,839,000 -898,000 -4,286,000 -2,105,000 0           
      payments of long-term debt
    		   0        0 0 0 -39,457,000 
      net cash from financing activities
    		-2,951,000 -2,182,000 -4,300,000 -2,575,000 -42,375,000 -4,444,000 -221,000 -249,000 -2,436,000 585,000 1,000 76,000 1,214,000 445,000 353,723,000 
      effect of exchange rate changes on cash
    		16,000 -74,000 21,000 38,000 -69,000 53,000 2,000 -44,000 -20,000 -3,000 5,000  0 -1,000 2,000 
      net decrease in cash, cash equivalents and restricted cash
    		-4,899,000 -1,290,000 -4,530,000  -29,188,000 -3,527,000 -13,932,000         
      cash, cash equivalents and restricted cash—beginning of period
    		0 0 130,704,000 -1,000 0 0 183,068,000 0 0 0 201,679,000 0 0 0 39,731,000 
      cash, cash equivalents and restricted cash—end of period
    		-4,899,000 -1,290,000 126,174,000 -5,716,000 -29,188,000 -3,527,000 169,136,000 16,596,000 -2,125,000 -10,929,000 179,525,000 -29,293,000 -43,905,000 -48,401,000 323,278,000 
      reconciliation of cash, cash equivalents and restricted cash:
    		               
      cash and cash equivalents
    		16,000 -2,552,000 117,795,000 -5,789,000 -29,257,000 -3,382,000 163,923,000 13,730,000 -2,129,000    -43,907,000 -48,401,000 321,000,000 
      restricted cash - prepaid expenses and other current assets, other noncurrent assets
    		-4,915,000               
      total cash, cash equivalents and restricted cash
    		-4,899,000 -1,290,000 126,174,000 -5,716,000 -29,188,000 -3,527,000 169,136,000 16,596,000 -2,125,000      323,278,000 
      supplemental disclosures of cash flow information:
    		               
      purchases of property and equipment included in accounts payable and accrued liabilities
    		   -34,000 27,000 -86,000 97,000 -211,000 -1,969,000       
      cash paid for interest
    		  50,000 148,000 2,162,000 30,000 45,000 8,000 121,000       
      restricted cash - other noncurrent assets
    		  8,379,000  69,000 -145,000 5,213,000  4,000       
      increase in inventory reserves
    		          319,000     
      loss on exercise of equity classified warrants
    		           -202,000 0   
      (gain) loss on extinguishment of debt
    		               
      other assets
    		       -288,000 171,000 -5,000 -11,000 0 0 23,000 -337,000 
      proceeds from tenant improvement allowances
    		       1,174,000 4,549,000       
      proceeds from sale of investments
    		               
      payments of finance fees
    		           -1,000 -19,000 -128,000 -494,000 
      payments of transaction costs
    		           -11,000 -324,000 -242,000 -24,667,000 
      payment of deferred underwriting fees
    		           0 0 0 -8,902,000 
      payment of restricted stock units held for taxes
    		               
      proceeds from equity infusion from the merger, net of redemptions
    		           0 0 0 227,092,000 
      proceeds from pipe issuance
    		           0 0 0 200,000,000 
      proceeds from the exercise of warrants
    		           0 0 17,000 104,000 
      net increase in cash, cash equivalents and restricted cash
    		       16,596,000 -2,125,000 -10,929,000 -22,154,000 -29,292,000 -43,906,000 -48,401,000 283,547,000 
      restricted cash—prepaid expenses and other current assets
    		             0 2,278,000 
      non-cash investing and financing activities:
    		               
      establishment of operating lease
    		       1,052,000 0       
      lease modification and termination
    		       0        
      conversion of preferred stock to common stock
    		               
      issuance of common stock related to convertible notes
    		               
      capital contribution related to extinguishment of debt
    		               
      issuance of common stock related to cashless exercise of liability classified warrants
    		               
      amortization of right-of-use assets
    		    1,000,000 1,047,000 1,073,000  1,269,000       
      benefit from inventory obsolescence reserve
    		    9,000 279,000 600,000         
      gain on disposal of assets
    		               
      loss on extinguishment of debt
    		           0 -574,000 0 2,598,000 
      amortization of right-of use-assets
    		               
      proceeds from convertible notes
    		               
      proceeds from debt
    		               
      non-cash capital lease obligations
    		               
      issuance of derivatives with debt
    		               
      non-cash deferred issuance costs
    		               
      modification of warrant
    		               
      issuance of convertible promissory notes
    		               
      non-cash deferred transaction costs
    		               
      benefit from inventory reserves
    		        -2,581,000       
      gain on sale of assets
    		               
      cash paid for sales tax
    		               
      increase inventory reserves
    		               
      payment of capital lease obligations
    		            -141,000 -136,000 -150,000 
      capitalized expenditures
    		              -8,305,000 
      class a common stock subject to possible redemption
    		               
      numerator: earnings allocable to class a common stock subject to possible redemption
    		               
      interest earned on marketable securities held in trust account
    		               
      less: interest available to be withdrawn for payment of taxes
    		               
      net income attributable
    		               
      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
    		               
      basic and diluted net income per share, class a common stock subject to possible redemption
    		               
      non-redeemable common stock
    		               
      numerator: net income minus net earnings
    		               
      add: net income allocable to class a common stock subject to possible redemption
    		               
    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.