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 
      
                       
      revenues
    33,143,000 32,472,000 34,757,000 43,827,000 41,505,000 39,783,000 33,121,000 40,563,000 33,988,000 38,459,000 42,154,000 40,357,000 40,651,000 37,613,000 36,390,000     
      yoy
    -20.15% -18.38% 4.94% 8.05% 22.12% 3.44% -21.43% 0.51% -16.39% 2.25% 15.84%         
      qoq
    2.07% -6.57% -20.70% 5.59% 4.33% 20.11% -18.35% 19.35% -11.63% -8.77% 4.45% -0.72% 8.08% 3.36%      
      cost of revenues
    25,714,000 24,359,000 27,369,000 27,422,000 30,739,000 28,720,000 26,135,000 27,547,000 25,579,000 29,496,000 31,941,000 28,572,000 28,900,000 28,023,000 26,523,000     
      gross margin
    7,429,000 8,113,000 7,388,000 16,405,000 10,766,000 11,063,000 6,986,000 13,016,000 8,409,000 8,963,000 10,213,000 11,785,000 11,751,000 9,590,000 9,867,000     
      yoy
    -31.00% -26.67% 5.75% 26.04% 28.03% 23.43% -31.60% 10.45% -28.44% -6.54% 3.51%         
      qoq
    -8.43% 9.81% -54.96% 52.38% -2.68% 58.36% -46.33% 54.79% -6.18% -12.24% -13.34% 0.29% 22.53% -2.81%      
      gross margin %
    22.41% 24.98% 21.26% 37.43% 25.94% 27.81% 21.09% 32.09% 24.74% 23.31% 24.23% 29.20% 28.91% 25.50% 27.11%     
      operating expenses:
                       
      selling, general and administrative
    25,255,000 21,487,000 22,732,000 22,243,000 17,485,000 23,364,000 16,948,000 18,232,000 15,533,000 16,930,000 20,362,000 15,570,000 20,233,000 26,952,000 22,020,000     
      research and development
    3,375,000 4,393,000 4,166,000 2,334,000 3,820,000 3,565,000 1,144,000 2,031,000 -349,000 2,225,000 1,128,000 1,199,000 1,785,000 2,535,000 2,874,000     
      restructuring charges
    660,000 1,899,000 1,698,000 -30,000  457,000 860,000 42,000  25,000 755,000 2,641,000 1,562,000       
      transaction expenses
         347,000 1,103,000 1,284,000 1,437,000   454,000 566,000 186,000 1,399,000     
      goodwill impairment
     70,636,000     85,000,000     18,292,000  35,252,000      
      operating income
    -21,861,000 -90,302,000 -21,208,000 -8,142,000 -10,539,000 -16,670,000 -98,069,000 -8,573,000 -8,212,000 -10,217,000 -12,032,000 -26,371,000 -12,395,000 -55,335,000 -16,426,000     
      yoy
    107.43% 441.70% -78.37% -5.03% 28.34% 63.16% 715.07% -67.49% -33.75% -81.54% -26.75%         
      qoq
    -75.79% 325.79% 160.48% -22.74% -36.78% -83.00% 1043.93% 4.40% -19.62% -15.08% -54.37% 112.76% -77.60% 236.87%      
      operating margin %
    -65.96% -278.09% -61.02% -18.58% -25.39% -41.90% -296.09% -21.14% -24.16% -26.57% -28.54% -65.34% -30.49% -147.12% -45.14%     
      interest expense
    4,604,000 4,419,000 5,116,000 15,000,000 3,541,000 3,551,000 3,555,000 3,544,000 3,540,000 3,560,000 3,556,000 3,770,000 3,557,000 3,554,000 3,555,000     
      net increase in fair value of derivatives
    -26,125,000 135,751,000 33,336,000 92,826,000 -1,278,000 -7,882,000 23,992,000   3,121,000 10,567,000         
      loss on extinguishment of debt
      2,577,000                 
      other income
    -2,878,000 -1,867,000 -276,000 -475,000 -647,000 -617,000 -455,000 -306,000 -87,000   7,000 8,000 -26,000 30,000  32,989 -207,845 -22,117 
      income before taxes
    2,538,000 -228,605,000 -61,961,000 -146,765,000 -12,155,000 -11,722,000 -125,161,000 -21,206,000 3,994,000 -16,898,000 -26,155,000 -30,121,000 -15,858,000 -58,664,000 -18,748,000     
      income tax expense
    17,000 14,000         59,000         
      net income
    2,521,000 -228,619,000 -61,986,000 -146,487,000 -12,176,000 -11,737,000 -125,147,000 -21,256,000 3,999,000 -16,895,000 -26,214,000 -29,895,000 -16,110,000 -56,844,000 -18,825,000     
      yoy
    -120.70% 1847.85% -50.47% 589.16% -404.48% -30.53% 377.41% -28.90% -124.82% -70.28% 39.25%         
      qoq
    -101.10% 268.82% -57.68% 1103.08% 3.74% -90.62% 488.76% -631.53% -123.67% -35.55% -12.31% 85.57% -71.66% 201.96%      
      net income margin %
    7.61% -704.05% -178.34% -334.24% -29.34% -29.50% -377.85% -52.40% 11.77% -43.93% -62.19% -74.08% -39.63% -151.13% -51.73%     
      basic net income per share
    0.01 -0.71 -0.25 -0.62 -0.05 -0.05 -0.67 -0.13 0.03 -0.12 -0.19 -0.23 -0.13 -0.45 -0.14     
      diluted net income per share
    -0.03 -0.71 -0.25 -0.62 -0.05 -0.05 -0.67 -0.13 0.03 -0.12 -0.19 -0.23 -0.13 -0.45 -0.14     
      weighted-average shares outstanding:
                       
      basic
    396,589,354 320,591,204 252,341,401 233,604,500 249,951,542 246,303,139 187,279,204 149,234,917 155,830,775 145,469,043 138,548,599 127,698,478 126,270,282 126,223,903 131,882,556 107,009,834    
      diluted
    448,158,249 320,591,204 252,341,401 233,604,500 249,951,542 246,303,139 187,279,204 149,234,917 157,894,001 145,469,043 138,548,599 127,698,478 126,270,282 126,223,903 131,882,556 107,009,834    
      other comprehensive income
                       
      foreign currency translation
    -45 -282 12 129 -8               
      total other comprehensive loss
    -45 -282  -2 -8               
      total comprehensive income
    2,476   -37,267 -12,184               
      other comprehensive loss
                       
      total comprehensive loss
     -228,901 -61,974                 
      income tax benefit
      25,000 -278,000 21,000 15,000      -372,750 252,000 -1,820,000 77,000     
      total other comprehensive income
      12                 
      income tax (benefit) expense
          -14,000 12,750 -5,000 -3,000          
      net decrease in fair value of derivatives
           -492,750 -15,659,000   -391,000 -102,000 -199,000 -1,263,000     
      general and administrative expenses
                    1,964,218 1,537,939 595,106 
      income from operations
                    -1,964,218 -1,537,939 -595,106 
      interest income on cash and marketable securities held in trust account
                    9,045 6,194 4,921 
      income before benefit from income taxes
                    -1,922,184 -1,739,590 -612,302 
      benefit from income taxes
                    2,699 1,849 1,468 
      net income and comprehensive loss
                    -1,924,883 -1,741,439 -613,770 
      net income attributable to common stock subject to possible redemption
                    6,346   
      basic and diluted weighted-average shares outstanding, common stock subject to possible redemption
                    35,880,000   
      basic and diluted net income per share, common stock subject to possible redemption
                      
      net income attributable to non-redeemable common stock
                    -1,931,229   
      weighted-average non-redeemable common shares outstanding, basic and diluted
                    10,051,600   
      net income per share
                    -0.19 -0.15 -0.06 
      net income attributable to common stockholders
                     -1,744,671  
      weighted-average common shares outstanding, basic and diluted
                     11,662,811 10,375,485 
    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.