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 2021-03-31 2020-12-31 
      
    		                    
      assets
    		                    
      current assets:
    		                    
      cash and cash equivalents
    		456,580,000 390,845,000 107,610,000 50,141,000 65,584,000 72,266,000 81,412,000 32,557,000 32,184,000 29,923,000 21,827,000 12,632,000 21,955,000 29,829,000 59,978,000 68,900,000     
      held-to-maturity investments, at amortized cost
    		130,084,000                    
      accounts receivables
    		24,371,000 28,342,000 34,565,000 38,953,000 32,464,000 33,944,000 36,584,000 21,949,000 29,030,000 36,269,000 32,678,000 30,091,000 31,652,000 28,546,000 26,624,000 28,605,000     
      contract assets
    		2,180,000 701,000 512,000 895,000 1,914,000 1,041,000 2,379,000 4,822,000 452,000 346,000 2,427,000 1,312,000 1,323,000 1,252,000 2,934,000 628,000     
      prepaid expenses and other current assets
    		6,546,000 4,395,000 5,547,000 3,768,000 4,222,000 4,519,000 4,661,000 4,449,000 4,104,000 5,042,000 8,775,000 10,300,000 5,084,000 8,097,000 6,601,000 7,028,000     
      total current assets
    		619,761,000 424,283,000 148,234,000 93,757,000 104,184,000 111,770,000 125,036,000 63,777,000 65,770,000 71,580,000 65,707,000 54,335,000 60,014,000 67,724,000 96,137,000 206,182,000 1,331,165 2,021,884 2,985,747  
      non-current assets:
    		                    
      property and equipment
    		1,439,000 1,425,000 1,454,000 1,566,000 1,519,000 1,586,000 1,570,000 997,000 1,095,000 1,199,000 1,308,000 1,433,000 1,528,000 1,433,000 1,335,000 1,078,000     
      goodwill
    		48,446,000 48,446,000 119,081,000 119,081,000 118,621,000 118,621,000 119,769,000 48,683,000 48,683,000 48,683,000 48,683,000 48,683,000 67,125,000 67,164,000 91,636,000 91,636,000     
      intangible assets
    		112,670,000 115,621,000 117,600,000 119,119,000 119,257,000 118,197,000 120,444,000 82,040,000 82,823,000 81,948,000 83,816,000 85,685,000 87,551,000 89,456,000 81,976,000 83,646,000     
      right-of-use assets
    		7,309,000 8,639,000 8,893,000 9,263,000 9,430,000 9,620,000 9,701,000 4,041,000 4,188,000 4,341,000 4,491,000 4,638,000         
      other non-current assets
    		1,351,000 958,000 1,006,000 990,000 1,072,000 1,089,000 1,107,000 372,000 452,000 469,000 509,000 483,000 692,000 727,000 741,000 780,000     
      total assets
    		919,756,000 599,372,000 396,268,000 343,776,000 354,083,000 360,883,000 377,627,000 199,910,000 203,011,000 208,220,000 204,565,000 195,308,000 216,910,000 226,504,000 271,825,000 383,322,000 360,265,812 361,027,362 361,790,668 380,653 
      liabilities and stockholders’ equity
    		                    
      current liabilities:
    		                    
      accounts payable
    		5,577,000 3,440,000 3,936,000 8,455,000 4,249,000 7,128,000 6,215,000 11,038,000 9,076,000 7,298,000 10,508,000 15,422,000 7,426,000 6,354,000 6,625,000 5,475,000 26,471 34,593 50,628 34,395 
      short-term debt, including current portion of long-term debt
    		 367,000 818,000 818,000  417,000 826,000 1,229,000  522,000 1,296,000 2,059,000 769,000 1,921,000 3,074,000 4,233,000     
      accrued liabilities
    		18,299,000 16,555,000 20,734,000 19,496,000 26,356,000 20,375,000 21,516,000 16,233,000 15,460,000 15,630,000 18,271,000 13,366,000 17,494,000 15,978,000 17,042,000 10,735,000 2,312,049 1,124,417 362,745 230,333 
      contract liabilities
    		3,507,000 4,466,000 3,017,000 2,541,000 2,082,000 3,496,000 3,853,000 879,000 2,320,000 2,000,000 2,347,000 2,022,000 4,758,000 3,714,000 2,792,000 4,207,000     
      current portion of long-term lease liability
    		1,073,000 1,096,000 1,091,000 1,068,000 1,075,000 1,077,000 848,000 779,000 803,000 850,000 810,000 806,000         
      derivative liabilities
    		167,075,000 193,199,000 57,449,000 170,515,000 15,796,000 17,074,000 24,956,000 37,862,000 28,467,000 44,126,000 25,469,000     44,827,000     
      other current liabilities
    		2,392,000 2,522,000 2,070,000 73,000 1,027,000 3,748,000 4,856,000 602,000 871,000 1,355,000 2,136,000 2,085,000 2,290,000 881,000 623,000 541,000 6,016 3,317 1,468  
      total current liabilities
    		197,923,000 221,645,000 89,115,000 202,966,000 50,585,000 53,315,000 63,070,000 68,622,000 56,997,000 71,781,000 60,837,000 35,760,000 32,737,000 28,848,000 30,156,000 70,018,000 2,401,926 1,205,604 435,316  
      non-current liabilities:
    		                    
      long-term debt
    		104,852,000 102,683,000 100,588,000 135,404,000 195,738,000 195,250,000 194,761,000 194,273,000 193,784,000 193,296,000 192,807,000 192,318,000  191,341,000 190,853,000 190,364,000     
      long-term lease liability
    		6,965,000 8,494,000 8,770,000 9,120,000 9,327,000 9,562,000 11,300,000 4,313,000 4,517,000 4,714,000 4,906,000 5,092,000         
      total liabilities
    		309,740,000 332,822,000 198,473,000 347,490,000 255,650,000 258,127,000 269,145,000 267,245,000 255,300,000 269,793,000 258,604,000 233,180,000 225,009,000 220,715,000 221,774,000 260,954,000 15,344,807 14,181,474 13,203,341 389,749 
      commitments and contingencies
    		                    
      stockholders’ equity
    		                    
      common stock
    		46,000 39,000 31,000 26,000 25,000 25,000 25,000 17,000 17,000 17,000 16,000 14,000 14,000 14,000 14,000 14,000 1,007 1,177 1,159 895 
      additional paid-in capital
    		1,527,239,000 1,186,256,000 888,608,000 625,130,000 618,256,000 610,395,000 604,384,000 303,428,000 297,218,000 291,933,000 282,573,000 272,528,000 272,406,000 270,184,000 257,602,000 253,744,000  7,388,136 5,646,714 24,105 
      treasury stock
    		-57,350,000 -57,350,000 -57,350,000 -57,350,000 -57,350,000 -57,350,000 -57,350,000 -57,350,000 -57,350,000 -57,350,000 -57,350,000 -57,350,000 -57,350,000 -57,350,000 -57,350,000      
      accumulated deficit
    		-859,725,000 -862,246,000 -633,627,000 -571,641,000 -462,490,000 -450,314,000 -438,577,000 -313,430,000 -292,174,000 -296,173,000 -279,278,000 -253,064,000 -223,169,000 -207,059,000 -150,215,000 -131,390,000 -13,894,146 -2,389,305 -647,866 -34,096 
      accumulated other comprehensive income
    		-194,000 -149,000 133,000 121,000                 
      total stockholders’ equity
    		610,016,000 266,550,000 197,795,000 -3,714,000 98,433,000 102,756,000        5,789,000 50,051,000   5,000,008 5,000,007  
      total liabilities and stockholders’ equity
    		919,756,000 599,372,000 396,268,000 343,776,000 354,083,000 360,883,000        226,504,000 271,825,000      
      deferred tax liabilities
    		      14,000 37,000 2,000 2,000 54,000  406,000 390,000 422,000 248,000     
      liabilities and stockholders’ deficit
    		                    
      accumulated other comprehensive loss
    		    -8,000                
      deferred tax assets
    		          51,000 51,000         
      other non-current liabilities
    		           10,000 36,000 136,000 343,000 324,000     
      stockholders’ deficit:
    		                    
      total stockholders’ deficit
    		      108,482,000 -67,335,000 -52,289,000 -61,573,000 -54,039,000      -13,893,139   -9,096 
      total liabilities and stockholders’ deficit
    		      377,627,000 199,910,000 203,011,000 208,220,000 204,565,000         380,653 
      liabilities and stockholders deficit
    		                    
      liabilities and equity
    		                    
      restricted cash
    		               101,021,000     
      stockholders’ (deficit) equity:
    		                    
      total stockholders’ (deficit) equity
    		           -37,872,000 -8,099,000        
      total liabilities and stockholders’ (deficit) equity
    		           195,308,000 216,910,000        
      long-term debt, net of current portion
    		            191,830,000        
      stockholders’ equity:
    		                    
      equity:
    		                    
      total equity
    		               122,368,000     
      total liabilities and equity
    		               383,322,000     
      current assets
    		                    
      cash
    		                982,249 1,651,632 2,172,952 150,000 
      prepaid expenses
    		                347,674 368,436 812,795  
      receivable from related party
    		                1,242 1,816   
      cash and marketable securities held in trust account
    		                358,817,210 358,809,837 358,801,671  
      deferred offering costs
    		                   230,653 
      interest receivable on cash and marketable securities held in trust account
    		                2,950 1,278 3,250  
      other long-term assets
    		                114,487 194,363   
      liabilities, redeemable common stock and stockholders’ deficit
    		                    
      current liabilities
    		                    
      note payable to related parties
    		                   125,000 
      payable to related parties
    		                57,390 43,277 20,475 21 
      warrant liability
    		                384,881 417,870 210,025  
      deferred underwriting fee payable
    		                12,558,000 12,558,000 12,558,000  
      common stock subject to possible redemption, 35,880,000 shares as of september 30, 2021, at a redemption value of 10.00 per share
    		                358,814,144    
      stockholders’ deficit
    		                    
      preferred stock, par value of 0.0001 per share; 1,000,000 shares authorized; none issued or outstanding
    		                    
      total liabilities, redeemable common stock and stockholders’ deficit
    		                360,265,812    
      liabilities, redeemable common stock and stockholders’ equity
    		                    
      common stock subject to possible redemption, 34,184,588 shares as of june 30, 2021, at a redemption value of 10.00 per share
    		                 341,845,880   
      total liabilities, redeemable common stock and stockholders’ equity
    		                 361,027,362 361,790,668  
      common stock subject to possible redemption, 34,358,732 shares as of march 31, 2021, at a redemption value of 10.00 per share
    		                  343,587,320  
      commitments
    		                    
      this number includes up to 1,170,000 founder shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters.
    		                    
    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.