Quarterly
Annual
| Unit: USD | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||
current assets: | ||||||||||||||||
cash and cash equivalents | 32,187,000 | 40,606,000 | 45,776,000 | 2,950,000 | 9,273,000 | 6,319,000 | 12,502,000 | 9,016,000 | 5,886,000 | 4,047,000 | 6,690,000 | 19,290,000 | 104,843,000 | 4,684,000 | ||
marketable securities | 18,354,000 | 12,626,000 | ||||||||||||||
accounts receivable | 3,240,000 | 1,770,000 | 1,831,000 | 2,762,000 | 1,814,000 | 1,621,000 | 800,000 | 1,991,000 | 826,000 | 789,000 | 856,000 | 720,000 | 391,000 | 241,000 | 309,000 | 115,000 |
prepaid expenses | 3,258,000 | |||||||||||||||
other current assets | 7,414,000 | |||||||||||||||
total current assets | 64,453,000 | 65,016,000 | 65,748,000 | 31,897,000 | 33,712,000 | 38,719,000 | 38,514,000 | 44,883,000 | 44,726,000 | 57,972,000 | 74,399,000 | 84,532,000 | 94,605,000 | 105,287,000 | 111,082,000 | 8,803,000 |
property and equipment | 49,938,000 | 45,661,000 | 42,949,000 | 41,532,000 | 41,037,000 | 42,585,000 | 45,600,000 | 49,573,000 | 51,581,000 | 50,315,000 | 49,375,000 | 49,814,000 | 48,303,000 | 43,678,000 | 43,068,000 | 40,395,000 |
operating lease right-of-use assets | 25,873,000 | 14,965,000 | 15,873,000 | 15,729,000 | 8,962,000 | 9,470,000 | 9,980,000 | 10,482,000 | 5,672,000 | 6,318,000 | 6,881,000 | 4,753,000 | 5,085,000 | 4,677,000 | ||
capitalized internal-use software | 42,183,000 | 42,153,000 | 41,801,000 | 41,037,000 | 38,335,000 | 35,467,000 | 32,521,000 | 28,943,000 | 24,260,000 | 20,424,000 | 16,704,000 | 7,719,000 | ||||
other assets | 3,598,000 | 2,369,000 | 2,187,000 | 1,367,000 | 1,048,000 | 963,000 | 944,000 | 868,000 | 483,000 | 595,000 | 793,000 | 1,622,000 | 1,934,000 | 1,873,000 | 1,794,000 | 3,480,000 |
total assets | 186,045,000 | 170,164,000 | 168,558,000 | 136,244,000 | 127,776,000 | 131,886,000 | 131,687,000 | 134,749,000 | 134,555,000 | 142,925,000 | 152,458,000 | 156,913,000 | 160,477,000 | 164,204,000 | 163,581,000 | 60,397,000 |
liabilities and stockholders’ equity | ||||||||||||||||
current liabilities: | ||||||||||||||||
accounts payable, accrued expenses and other current liabilities | 9,164,000 | 8,203,000 | ||||||||||||||
finance lease liabilities and lease financing obligations, current | 15,250,000 | 16,364,000 | 16,327,000 | 16,520,000 | 16,951,000 | 17,352,000 | 18,492,000 | 19,077,000 | 18,179,000 | 17,446,000 | 18,531,000 | 18,796,000 | 17,643,000 | 15,107,000 | ||
operating lease liabilities, current | 4,970,000 | 3,552,000 | 4,026,000 | 3,853,000 | 1,668,000 | 1,808,000 | 1,878,000 | 1,998,000 | 1,372,000 | 1,763,000 | 2,130,000 | 2,058,000 | 2,616,000 | 1,953,000 | ||
deferred revenue, current | 30,530,000 | 31,356,000 | 30,407,000 | 30,139,000 | 29,438,000 | 28,684,000 | 25,976,000 | 23,589,000 | 23,230,000 | 22,912,000 | 22,705,000 | 22,398,000 | 22,571,000 | 21,722,000 | 21,127,000 | |
total current liabilities | 59,914,000 | 59,475,000 | 59,803,000 | 59,198,000 | 55,058,000 | 55,658,000 | 57,087,000 | 60,975,000 | 51,042,000 | 53,368,000 | 56,274,000 | 54,221,000 | 52,010,000 | 51,254,000 | 45,062,000 | 40,860,000 |
finance lease liabilities and lease financing obligations, non-current | 19,180,000 | 16,096,000 | 13,142,000 | 11,881,000 | 10,763,000 | 11,598,000 | 13,310,000 | 14,265,000 | 14,585,000 | 14,246,000 | 15,487,000 | 17,981,000 | 19,570,000 | 18,984,000 | ||
operating lease liabilities, non-current | 22,197,000 | 11,829,000 | 12,844,000 | 12,442,000 | 7,570,000 | 7,954,000 | 8,151,000 | 8,518,000 | 4,358,000 | 4,754,000 | 5,032,000 | 2,862,000 | 2,936,000 | 3,165,000 | ||
deferred revenue, non-current and other liabilities, non-current | 5,112,000 | 4,996,000 | 5,147,000 | 5,210,000 | 4,605,000 | 4,540,000 | 4,073,000 | 3,633,000 | 2,552,000 | 23,793,000 | 2,611,000 | 2,784,000 | 2,975,000 | 3,195,000 | 3,132,000 | 3,367,000 |
total liabilities | 106,403,000 | 92,396,000 | 90,936,000 | 93,413,000 | 82,678,000 | 84,432,000 | 86,749,000 | 87,391,000 | 80,370,000 | 82,356,000 | 83,710,000 | 80,391,000 | 77,491,000 | 76,636,000 | 68,095,000 | 72,522,000 |
commitments and contingencies | ||||||||||||||||
stockholders’ equity | ||||||||||||||||
preferred stock, 0.001 par value; 10,000,000 shares authorized as of june 30, 2025 and december 31, 2024; zero shares issued and outstanding as of june 30, 2025 and december 31, 2024 | ||||||||||||||||
class a common stock | 6,000 | 5,000 | 5,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 2,000 | 2,000 | 2,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
class b common stock | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |||||||||
additional paid-in capital | 292,042,000 | 283,072,000 | 273,602,000 | 224,435,000 | 213,949,000 | 205,957,000 | 192,388,000 | 182,600,000 | 173,372,000 | 165,419,000 | 156,485,000 | 149,767,000 | 143,431,000 | 136,438,000 | 131,826,000 | 11,824,000 |
accumulated deficit | -212,406,000 | -205,309,000 | -195,985,000 | -181,608,000 | -168,855,000 | -158,507,000 | -147,454,000 | -135,246,000 | -119,191,000 | -104,854,000 | -87,741,000 | -73,248,000 | -60,448,000 | -48,873,000 | -36,343,000 | -26,738,000 |
total stockholders’ equity | 79,642,000 | 77,768,000 | 77,622,000 | 42,831,000 | 45,098,000 | 47,454,000 | 44,938,000 | 47,358,000 | 54,185,000 | 60,569,000 | 68,748,000 | 76,522,000 | 82,986,000 | 87,568,000 | 95,486,000 | |
total liabilities and stockholders’ equity | 186,045,000 | 170,164,000 | 168,558,000 | 136,244,000 | 127,776,000 | 131,886,000 | 131,687,000 | 134,749,000 | 134,555,000 | 142,925,000 | 152,458,000 | 156,913,000 | 160,477,000 | 164,204,000 | ||
prepaid expenses and other current assets | 10,014,000 | 9,002,000 | 8,254,000 | 8,252,000 | 8,938,000 | 8,413,000 | 7,066,000 | 7,081,000 | 7,628,000 | 8,120,000 | 6,373,000 | 6,138,000 | 5,913,000 | 5,930,000 | 4,004,000 | |
preferred stock, 0.001 par value; 10,000,000 shares authorized as of march 31, 2025 and december 31, 2024; zero shares issued and outstanding as of march 31, 2025 and december 31, 2024 | ||||||||||||||||
short-term investments | 9,139,000 | 17,931,000 | 14,373,000 | 21,841,000 | 16,799,000 | 20,732,000 | 30,933,000 | 45,508,000 | 58,733,000 | 52,626,000 | 80,839,000 | 79,843,000 | ||||
restricted cash, non-current | 4,682,000 | 4,682,000 | 4,682,000 | 4,128,000 | 7,833,000 | 7,301,000 | 4,306,000 | 2,544,000 | ||||||||
accounts payable | 1,459,000 | 1,670,000 | 1,147,000 | 1,441,000 | 2,281,000 | 1,985,000 | 2,456,000 | 3,352,000 | 3,283,000 | 2,718,000 | 1,969,000 | 2,528,000 | 2,075,000 | 1,403,000 | ||
accrued expenses and other current liabilities | 7,584,000 | 7,016,000 | 5,854,000 | 6,373,000 | 8,460,000 | 8,248,000 | 5,805,000 | 7,014,000 | 9,418,000 | 7,944,000 | 7,384,000 | 6,138,000 | 5,109,000 | 4,089,000 | ||
debt facility, non-current | 4,682,000 | 4,682,000 | 4,682,000 | 4,128,000 | 7,833,000 | 7,301,000 | 4,306,000 | 2,543,000 | ||||||||
preferred stock, 0.0001 par value; 10,000,000 shares authorized as of december 31, 2024 and 2023; zero shares issued and outstanding as of december 31, 2024 and 2023. | ||||||||||||||||
restricted cash, current | 6,078,000 | |||||||||||||||
debt facility, current | 6,078,000 | |||||||||||||||
other long-term liabilities | 38,000 | 298,000 | 698,000 | |||||||||||||
cash | 24,813,000 | 7,237,000 | ||||||||||||||
capitalized software | 13,648,000 | 10,550,000 | 8,689,000 | |||||||||||||
accrued value-added tax (“vat”) liability | 2,957,000 | 2,511,000 | 2,275,000 | |||||||||||||
capitalized internally-developed software | 7,637,000 | |||||||||||||||
liabilities, convertible preferred stock and stockholders’ equity | ||||||||||||||||
capital lease liability and lease financing obligation, current | 13,645,000 | 11,966,000 | ||||||||||||||
debt, current | ||||||||||||||||
capital lease liability and lease financing obligation, non-current | 19,603,000 | 17,238,000 | ||||||||||||||
debt, non-current | ||||||||||||||||
convertible preferred stock | ||||||||||||||||
total liabilities, convertible preferred stock and stockholders’ equity | 163,581,000 | |||||||||||||||
liabilities, convertible preferred stock and stockholders’ deficit | ||||||||||||||||
simple agreement for future equity (“safe”) notes | 10,359,000 | |||||||||||||||
convertible preferred stock, 0.001 par value; 9,000,000 shares authorized as of september 30, 2021 and december 31, 2020; 3,359,195 issued and outstanding with aggregate liquidation preference of 2,852 as of september 30, 2021 and december 31, 2020, respectively | 2,784,000 | |||||||||||||||
stockholders’ deficit | ||||||||||||||||
common stock | 5,000 | |||||||||||||||
total stockholders’ deficit | -14,909,000 | |||||||||||||||
total liabilities, convertible preferred stock and stockholders’ deficit | 60,397,000 |
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.
