7Baggers
Quarterly
Annual
    Unit: USD2025-06-30 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 
      
    		               
      cash flows from operating activities
    		               
      net income
    		-7,097,000 -9,324,000 -14,377,000 -12,753,000 -10,348,000 -11,053,000 -12,208,000 -16,055,000 -14,337,000 -17,113,000 -14,493,000 -12,800,000 -11,575,000 -12,530,000 -9,605,000 
      adjustments to reconcile net income to net cash from operating activities:
    		               
      noncash lease expense on operating leases
    		1,039,000 925,000 1,019,000 690,000 508,000 510,000 511,000 546,000 646,000 647,000 637,000 691,000 588,000 541,000  
      depreciation and amortization
    		5,474,000 7,764,000 7,060,000 7,331,000 7,025,000 6,912,000 6,575,000 6,473,000 6,131,000 5,733,000 5,462,000 5,328,000 4,498,000 4,863,000 4,281,000 
      impairment loss on right-of-use assets
    		               
      stock-based compensation
    		7,304,000 7,359,000 9,133,000 8,438,000 5,528,000 5,529,000 6,507,000 7,958,000 4,884,000 5,828,000 4,038,000 4,830,000 4,346,000 3,835,000 2,018,000 
      gain on disposal of assets
    		               
      other
    		235,000 172,000 31,000             
      changes in operating assets and liabilities:
    		               
      accounts receivable
    		-1,470,000 61,000 931,000 -948,000 -193,000 -821,000 1,191,000 -1,165,000 -37,000 67,000 -136,000 -329,000 -150,000 68,000 -194,000 
      prepaid expenses
    		               
      other current assets
    		               
      other assets
    		-698,000 -129,000 -923,000 -319,000 -85,000 -19,000 -76,000 -447,000 112,000 22,000 945,000 105,000 -140,000 91,000 -285,000 
      accounts payable, accrued expenses and other current liabilities
    		242,000 199,000              
      deferred revenue and other liabilities, non-current
    		               
      operating lease liabilities
    		-493,000 -1,606,000 -1,322,000 -475,000 -524,000 -267,000 -496,000 -569,000 -746,000 -653,000 -694,000 -764,000 -561,000 -528,000  
      net cash from operating activities
    		3,545,000 4,943,000 2,233,000 4,629,000 2,227,000 3,416,000 3,248,000 -170,000 -5,237,000 -5,191,000 -3,139,000 -2,450,000 -7,292,000 -900,000 -2,444,000 
      capex
    		-2,845,000 -2,626,000 -3,062,000 -3,522,000 -3,787,000 -3,717,000 -4,172,000 -4,403,000 -6,022,000 -5,571,000 -3,467,000 -5,728,000 -2,069,000 -1,572,000 -772,000 
      free cash flows
    		700,000 2,317,000 -829,000 1,107,000 -1,560,000 -301,000 -924,000 -4,573,000 -11,259,000 -10,762,000 -6,606,000 -8,178,000 -9,361,000 -2,472,000 -3,216,000 
      cash flows from investing activities
    		               
      purchases of marketable securities
    		-9,847,000 -18,285,000 -5,596,000 -8,374,000 -9,349,000 -14,778,000 -6,866,000 -9,758,000 0 -9,734,000 -32,612,000 -20,592,000 -12,885,000 -79,782,000  
      maturities of marketable securities
    		4,119,000 14,765,000 14,291,000 4,879,000 16,765,000 9,758,000 10,494,000 18,880,000 15,000,000 23,500,000 27,000,000 49,000,000    
      proceeds from disposal of property and equipment
    		16,000 14,000 118,000 153,000 199,000 -15,000 50,000 241,000      1,000 0 
      purchases of property and equipment
    		-784,000 -503,000 -826,000 -191,000 -271,000 -423,000 -446,000 -347,000 -1,696,000 -3,023,000 -3,288,000 -2,560,000 -985,000 -516,000 -686,000 
      capitalized internal-use software costs
    		-2,061,000 -2,123,000 -2,236,000 -3,407,000 -3,505,000 -3,323,000 -3,655,000 -3,963,000 -3,664,000 -3,434,000      
      net cash from investing activities
    		-8,557,000 -6,132,000 5,751,000 -6,940,000 3,839,000 -8,781,000 -423,000 5,053,000 9,718,000 7,309,000 -11,889,000 23,041,000 -3,529,000 -81,477,000 -1,301,000 
      cash flows from financing activities
    		               
      principal payments on finance leases and lease financing obligations
    		-4,734,000 -4,543,000  -5,044,000 -4,909,000 -4,802,000  -5,144,000 -4,622,000 -5,112,000  -4,390,000 -3,807,000 -3,405,000  
      payment of offering costs
    		-10,000 -10,000              
      proceeds from debt facility
    		  0 0 0 554,000 0 744,000 533,000 2,996,000 1,762,000     
      payment of debt issuance costs
    		-534,000 -20,000              
      principal payments on insurance premium financing
    		  0 -303,000 -297,000 -293,000 0 -521,000 -515,000 -509,000      
      proceeds from exercises of stock options
    		844,000 1,050,000 1,130,000 1,335,000 735,000 4,277,000 1,282,000 1,244,000 1,323,000 859,000 813,000 1,376,000 1,176,000 887,000 330,000 
      taxes paid for net share settlement of equity awards
    		-361,000 -458,000              
      proceeds from espp
    		  1,409,000 0   1,168,000 0        
      net cash from financing activities
    		-3,407,000 -3,981,000 30,160,000 -4,012,000 -3,112,000 -264,000 -1,289,000 -3,677,000 -2,110,000 -1,766,000 -1,333,000 -471,000 -1,232,000 -3,176,000 104,073,000 
      net decrease in cash and cash equivalents and restricted cash
    		-8,419,000 -5,170,000              
      cash and cash equivalents and restricted cash, at beginning of period
    		0 45,776,000 0             
      cash and cash equivalents and restricted cash, at end of period
    		-8,419,000 40,606,000              
      reconciliation of cash and restricted cash
    		               
      cash and cash equivalents
    		-8,419,000 40,606,000 42,826,000 -6,323,000 2,954,000 6,319,000 3,486,000       19,290,000  
      restricted cash, non-current
    		   0 0 4,682,000   532,000 7,301,000 1,762,000     
      total cash and cash equivalents and restricted cash
    		-8,419,000 40,606,000              
      supplemental disclosure of cash flow information:
    		               
      cash paid for interest
    		865,000 829,000 887,000 875,000 873,000 944,000 981,000 936,000 898,000 918,000 938,000 950,000 940,000 948,000 948,000 
      supplemental disclosure of non-cash investing and financing activities
    		               
      stock-based compensation included in capitalized internal-use software
    		824,000 677,000  1,197,000 916,000 1,049,000 1,257,000 1,673,000 1,022,000 1,008,000      
      accrued bonus settled in restricted stock units
    		0 2,014,000  0 0 3,507,000 0 0 0 1,848,000      
      (gain) loss on disposal of assets
    		 -174,000              
      prepaid expenses and other current assets
    		 -1,102,000 -601,000 -81,000 509,000 -568,000 -1,312,000 -74,000 467,000 474,000 -145,000 -23,000 -58,000 -153,000 -1,929,000 
      deferred revenue
    		 798,000 205,000 1,306,000 819,000 3,175,000 2,829,000 1,438,000 -698,000 957,000 35,000 116,000 -393,000 912,000 359,000 
      bonus plan expense classified as stock-based compensation
    		 1,100,000              
      net accretion of discount on investment securities and net realized investment gains
    		  97,000 -64,000 52,000 -21,000          
      impairment of capitalized internal-use software
    		               
      gain on disposal of property and equipment
    		               
      accounts payable
    		  -164,000 362,000 -288,000 -457,000 297,000 -347,000 -197,000 -48,000 1,764,000 620,000 -1,219,000 462,000 760,000 
      accrued expenses and other current liabilities
    		  111,000 1,111,000 -755,000 481,000 -1,056,000 1,234,000 -1,035,000 -565,000 -69,000 -43,000 -2,045,000 1,187,000 889,000 
      principal payments on finance lease and lease financing obligations
    		               
      proceeds from issuance of common stock upon public offering, net of underwriting discounts and commission and other offering costs
    		               
      payments of offering costs
    		               
      repayment of debt facility
    		      -1,950,000         
      proceeds from insurance premium financing
    		               
      proceeds from lease financing obligations
    		      1,950,000         
      net increase in cash
    		               
      cash and cash equivalents, at end of period
    		               
      reconciliation of cash, cash equivalents and restricted cash
    		               
      total cash and cash equivalents and restricted cash, non-current
    		               
      cash paid for income taxes
    		  0 12,000 40,000 2,000 1,000 0 56,000 2,000 5,000 0 0 26,000  
      cash paid for operating lease liabilities
    		  1,971,000 713,000 707,000 621,000 627,000 716,000 734,000 724,000 890,000 764,000 586,000 598,000  
      stock-based compensation included in property and equipment and capitalized internal-use software
    		               
      net increase in cash and restricted cash, non-current
    		   -6,323,000 2,954,000 -5,629,000          
      restricted cash, current
    		               
      equipment acquired through finance lease and lease financing obligations
    		   5,366,000 3,773,000 2,216,000 1,099,000 3,290,000 5,682,000 3,023,000 1,357,000     
      accruals related to purchases of property and equipment
    		   76,000 -11,000 29,000 -71,000 -93,000 -662,000 886,000 -179,000 -361,000 574,000 124,000 -86,000 
      assets obtained in exchange for operating lease obligations
    		      -120,000 5,300,000 85,000 183,000      
      gain on disposal of assets and other
    		               
      cash, cash equivalents, restricted cash, current and restricted cash, non-current at beginning of period
    		    0 16,630,000          
      cash, restricted cash, current and restricted cash, non-current at end of period
    		    2,954,000 11,001,000          
      2023 bonus plan expense classified as stock-based compensation
    		    0 473,000          
      2024 bonus plan accrual classified as stock-based compensation
    		    526,000 327,000          
      receivable recorded due to stock option exercises pending settlement
    		    -18,000 23,000 -20,000 9,000 -125,000 154,000      
      restricted cash - included in prepaid expenses and other current assets
    		        0 169,000      
      total cash and restricted cash
    		    2,954,000 11,001,000          
      loss on disposal of assets
    		     15,000          
      other long-term liabilities
    		          0 0 -37,000 -32,000 -398,000 
      payments of deferred offering costs
    		          0 0 0 -658,000 -1,170,000 
      employee payroll taxes paid related to net settlement of equity awards
    		          0 0    
      net increase in cash, restricted cash and restricted cash, non-current
    		      1,536,000 1,206,000 2,371,000 352,000      
      cash, restricted cash, current and restricted cash, non-current at beginning of period
    		      0         
      accrued bonus classified as stock-based compensation
    		      448,000 1,657,000 339,000 590,000  673,000 550,000 493,000  
      financed insurance premiums included in accrued expenses and other current liabilities
    		               
      lease liabilities arising from right-of-use assets upon adoption of asc 842
    		          0 0 0 5,220,000  
      restricted cash – included in prepaid expenses and other current assets
    		               
      total cash, cash equivalents, restricted cash, current and restricted cash, non-current
    		               
      accretion of discount on investment securities and investment income
    		               
      (gain) loss on disposal of assets and other adjustments
    		       -241,000     11,000 -1,000  
      cash, cash equivalents, restricted cash, current and restricted cash, non-current at end of period
    		               
      total cash, cash equivalents, restricted cash and restricted cash, non-current
    		               
      net accretion of discount on investment securities
    		        -426,000 -540,000 -496,000 -195,000 -111,000 -61,000  
      cash and restricted cash at beginning of period
    		        0 11,165,000 0 0    
      cash, restricted cash and restricted cash, non-current at end of period
    		        2,371,000 11,517,000 -16,361,000     
      cash
    		        1,839,000 4,047,000 -18,123,000 17,576,000    
      restricted cash - included in other assets
    		            0 169,000  
      total cash, restricted cash and restricted cash, non-current
    		        2,371,000 11,517,000      
      cash disbursement concentration
    		               
      number of vendors
    		               
      total cash disbursements represented by vendors listed above
    		        -2,000 22,000      
      accounts payable concentration
    		               
      total accounts payable balance represented by vendors listed above
    		         12,000      
      gain on disposal of assets and other adjustments
    		          13,000     
      gain on extinguishment of paycheck protection program (“ppp”) loan
    		              0 
      realized loss and interest expense on safe
    		               
      proceeds from initial public offering, net of underwriting discounts and commissions and other offering costs
    		               
      proceeds from safe
    		              0 
      proceeds from employee stock purchase plan
    		          982,000 0    
      proceeds from stock option exercises pending settlement
    		               
      settlement of safe notes
    		               
      extinguishment of ppp loan
    		              0 
      total cash, cash equivalents and restricted cash
    		             19,459,000  
      gain on extinguishment of paycheck protection program ("ppp") loan
    		               
      unrealized loss on safe
    		               
      capitalized internally-developed software costs
    		           -2,807,000 -1,658,000 -1,180,000  
      net decrease in cash, restricted cash and restricted cash, non-current
    		               
      stock-based compensation included in capitalized software
    		           803,000 622,000 383,000  
      consumption-based arrangements
    		           1,084,000    
      subscription-based arrangements
    		           271,000    
      physical media
    		           8,000    
      total revenue
    		           1,363,000    
      net decrease in cash and restricted cash
    		               
      cash and restricted cash at end of period
    		               
      equipment acquired through finance lease obligations
    		            7,144,000 4,451,000  
      accrued vat liability
    		             446,000 236,000 
      net decrease in cash, cash equivalents and restricted cash
    		             -85,553,000  
      cash, cash equivalents and restricted cash at beginning of period
    		             105,012,000  
      cash, cash equivalents and restricted cash at end of period
    		             19,459,000  
      amortization of deferred contract costs
    		              204,000 
      (gain) loss on disposal of assets and other
    		              13,000 
      principal payments on capital lease and lease financing obligations
    		              -3,438,000 
      proceeds from ppp
    		               
      proceeds from lease financing
    		              1,401,000 
      net increase in cash, cash equivalents and restricted cash
    		               
      stock-based compensation capitalized internal-use software
    		              162,000 
      equipment acquired through capital lease obligations
    		              7,604,000 
      net increase in cash and cash equivalents
    		               
      cash and cash equivalents at beginning of period
    		               
      cash and cash equivalents at end of period
    		               
    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.