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 
      
    		               
      operating activities
    		               
      net income
    		-1,238,000 -14,511,000 -7,846,000 -6,733,000 -1,398,000 -1,373,000 1,855,000 -14,036,000 -10,694,000 -14,665,000 -17,321,000 -20,030,000 -16,102,000 -45,085,000 -256,827,000 
      adjustments to reconcile net income to net cash from operating activities:
    		               
      depreciation and amortization
    		3,055,000 3,960,000 2,576,000 2,599,000 2,661,000 2,384,000 2,413,000 1,909,000 2,002,000 1,633,000 1,719,000 1,328,000 1,040,000 1,026,000 989,000 
      equity-based compensation
    		2,354,000 2,740,000 2,591,000 2,745,000 2,605,000 3,305,000 1,952,000 1,329,000 596,000 2,543,000 2,506,000 1,495,000 1,346,000 979,000 2,259,000 
      settlement of litigation by issuance of stock
    		               
      amortization of debt issuance costs
    		273,000 270,000 266,000 285,000 303,000 304,000 301,000 289,000 208,000 19,000 33,000 36,000 20,000 18,000 243,000 
      loss on disposal of assets
    		557,000 0 839,000 612,000 355,000 370,000 511,000         
      paid-in-kind interest
    		69,000 -79,000 1,234,000 521,000 455,000           
      other
    		-340,000 73,000 350,000 143,000 -121,000 -164,000 315,000 794,000        
      changes in operating assets and liabilities:
    		               
      accounts receivable
    		-895,000 -2,619,000 6,586,000 -4,667,000 -5,996,000 1,978,000 58,000 -482,000 -226,000 -5,113,000 3,055,000 411,000 -9,063,000 -267,000 -5,976,000 
      inventories
    		-5,431,000 1,510,000 -7,851,000 -1,142,000 -8,733,000 2,173,000 -2,405,000 6,007,000 18,347,000 -6,813,000 -25,724,000 -36,250,000 -14,350,000 -726,000 -4,985,000 
      prepaid expenses and other assets
    		9,490,000 -1,570,000 -25,000 3,189,000 2,489,000 -2,886,000 -1,892,000 8,028,000 -5,126,000 -1,130,000 -1,118,000 2,926,000 1,525,000 558,000 -5,193,000 
      accounts payable
    		326,000 811,000 -4,401,000 7,816,000 -3,020,000 -5,254,000 7,264,000 11,207,000 -11,762,000 -5,718,000 27,830,000 6,665,000 -3,889,000 2,038,000 -10,960,000 
      accrued liabilities
    		-1,691,000 7,556,000 2,511,000 -8,971,000 2,284,000 1,128,000 -2,331,000 1,474,000 1,758,000 1,420,000 -6,463,000 4,945,000 14,146,000 -9,279,000 6,174,000 
      deferred revenue and gift card liability
    		899,000 -44,000 -104,000 -951,000 -723,000 -1,970,000 -3,468,000 870,000 85,000 730,000 -160,000 885,000 610,000 242,000 434,000 
      operating lease liability
    		-2,423,000 -564,000 -721,000 98,000 51,000 40,000 371,000 -24,000 65,000 631,000 219,000 351,000 168,000   
      other liabilities
    		-1,003,000 -856,000 -146,000 -587,000 10,721,000 704,000 -30,000 -100,000 22,000 70,000 30,000   -3,000 148,000 
      net cash from operating activities
    		6,369,000 -3,323,000 -4,141,000 2,163,000 1,933,000 2,298,000 4,914,000 22,028,000 -6,538,000 -25,063,000 -15,394,000 -37,219,000 -24,435,000 -21,911,000 -32,625,000 
      capex
    		-817,000 -974,000 -1,173,000 -1,659,000 -2,138,000 -2,151,000 -2,718,000 -14,984,000 -2,227,000 -5,107,000 -4,902,000 0 -10,550,000 -5,193,000 -4,207,000 
      free cash flows
    		5,552,000 -4,297,000 -5,314,000 504,000 -205,000 147,000 2,196,000 7,044,000 -8,765,000 -30,170,000 -20,296,000 -37,219,000 -34,985,000 -27,104,000 -36,832,000 
      investing activities
    		               
      purchases of property, plant and equipment
    		-817,000 -974,000 -1,173,000 -1,659,000 -2,138,000 -2,151,000 -2,718,000 -14,984,000 -2,227,000 -5,107,000 -4,902,000  -10,550,000 -5,193,000 -4,207,000 
      proceeds from sale of property and equipment
    		   42,000 19,000 851,000 41,000 136,000        
      net cash from investing activities
    		-715,000 -974,000 -1,173,000 -1,617,000 -2,119,000 -1,300,000 -2,677,000 -14,848,000 3,163,000 -4,921,000 -4,902,000 -10,454,000 -10,550,000 -5,193,000 -4,207,000 
      financing activities
    		               
      proceeds from issuance of long-term debt, net of discount
    		33,749,000 98,553,000 98,904,000 147,015,000 94,581,000 89,772,000 21,829,000 7,000        
      debt issuance costs paid
    		0 -78,000 -147,000 -542,000 0 0 -164,000 -457,000        
      repayment of long-term debt
    		-71,100,000 -94,770,000 -96,162,000 -146,814,000 -96,279,000 -86,248,000 -32,224,000 -849,000 -99,598,000 -88,174,000 -79,609,000 -14,294,000 -850,000 -443,000 -23,174,000 
      financing lease obligations
    		-4,000 -6,000 17,000 -6,000 -35,000 -47,000 20,000 -100,000 -23,000 -25,000 -25,000 -28,000 18,000 -47,000 60,000 
      repayment of promissory note
    		-647,000 0 -400,000 0 -647,000 0 -400,000 0 -647,000 -1,000 -399,000     
      issuance of stock from the employee stock purchase plan
    		103,000 0 194,000 0 260,000 7,000 251,000 0 368,000       
      proceeds received for issuance of common stock
    		               
      proceeds received for public offering, net of issuance costs
    		               
      proceeds from exercise of stock options
    		   0 0           
      net cash from financing activities
    		-476,000 4,699,000 2,406,000 -1,387,000 -2,120,000 3,497,000 -10,688,000 -1,399,000 -8,275,000 23,800,000 7,272,000 15,452,000 13,111,000 1,822,000 136,865,000 
      net increase in cash, cash equivalents and restricted cash
    		     4,495,000 -8,451,000    -13,024,000     
      cash and cash equivalents, beginning of period
    		0 0 6,810,000 0 0 0 12,448,000 0        
      restricted cash, beginning of period
    		   0 0 0 1,465,000         
      cash and cash equivalents, end of period
    		5,178,000 402,000 3,902,000 -526,000 -2,306,000 5,645,000 3,997,000 5,781,000        
      restricted cash, end of period
    		    0 -1,150,000 1,465,000 0        
      proceeds received for settlement agreement
    		               
      net decrease in cash, cash equivalents and restricted cash
    		 402,000 -2,908,000             
      loss on impairment of assets
    		               
      loss on extinguishment of debt
    		               
      change in fair value of earn-out liability
    		            0 38,553,000 171,098,000 
      change in fair value of warrant liability
    		            0 -5,434,000 62,109,000 
      change in fair value of derivative liability
    		           0 0 -5,172,000 7,507,000 
      payments of debt extinguishment costs
    		               
      distribution and redemption of series a preferred equity
    		           0 0 0 -127,853,000 
      proceeds from business combination, including pipe investment
    		           0 0 0 337,957,000 
      payment of business combination costs
    		           0 0 0 -31,638,000 
      redemption of class a and class b shares
    		               
      redemption of incentive units
    		           0 0 0 -3,627,000 
      net increase in cash, cash equivalents, and restricted cash
    		       5,781,000       100,033,000 
      repayment of and restricted cash for capital lease obligations
    		               
      payment of series a preferred dividends
    		               
      non-employee equity-based compensation
    		           0 110,000 384,000 355,000 
      redemption of class a and class b units
    		            0 0 -20,145,000 
      see notes to unaudited consolidated financial statements.
    		               
      loss on sale of assets
    		               
      impairment on assets held for sale
    		               
      proceeds from sale of equipment
    		               
      proceeds from issuance of long-term debt, net of cash paid for debt issuance costs of 34 as of june 30, 2023 and — as of june 30, 2022
    		               
      net increase in cash and cash equivalents
    		            -21,874,000   
      beginning cash and cash equivalents
    		            0   
      ending cash and cash equivalents
    		            -21,874,000   
      proceeds from issuance of long-term debt, net of cash paid for debt issuance costs of 0 as of march 31, 2023 and 3 as of march 31, 2022
    		          87,000,000     
      issuance of shares for stock plans
    		          305,000     
      beginning cash, cash equivalents and restricted cash
    		          38,990,000     
      ending cash, cash equivalents and restricted cash
    		          25,966,000     
      bad debt expense
    		               
      income from equity method investment
    		               
      loss on disposal of property and equipment
    		               
      change in fair value of warrant liabilities
    		               
      change in fair value of earn-out liabilities
    		               
      purchases of property and equipment
    		               
      proceeds from issuance of long-term debt, net of cash paid for debt issuance costs of 279, 338 and 591 in 2022, 2021 and 2020, respectively
    		               
      repurchase of member units
    		               
      repayment of notes receivable from members
    		               
      issuance of series a preferred equity, net of cash paid for issuance costs of 4,897
    		               
      beginning cash, cash equivalents, and restricted cash
    		              18,334,000 
      ending cash, cash equivalents, and restricted cash
    		              118,367,000 
      bad debt recovery
    		               
      other non-current liabilities
    		               
      proceeds from issuance of long-term debt, net of cash paid for debt issuance costs of 53 as of september 30, 2022 and 11 as of september 30, 2021
    		               
      proceeds from issuance of long-term debt, net of cash paid for debt issuance costs of — as of june 30, 2022 and 11 as of june 30, 2021
    		               
      proceeds from issuance of long-term debt, net of cash paid for debt issuance costs of 3 as of march 31, 2022 and 338 as of december 31, 2021
    		              5,285,000 
      loss on disposal/sale of property and equipment
    		               
      accrued sales tax
    		               
      cash paid for asset purchases
    		               
      proceeds from issuance of long-term debt, net of cash paid for debt issuance costs of 338, 591 and 59 in 2021, 2020 and 2019, respectively
    		               
      net cash from provided by financing activities
    		               
      ​
    		               
      non-cash operating activities
    		               
      accrued other assets
    		               
      deferred transaction costs
    		               
      non-cash investing and financing activities
    		               
      issuance of series a preferred unit dividend
    		               
      equity investment of property and equipment
    		               
      accrued series a preferred equity distribution and related discount amortization
    		               
      issuance of note and other payables for repurchase of member units
    		               
      capital expenditures financed through credit facilities and capital leases
    		               
      accrued capital expenditures
    		               
      supplemental cash flow information
    		               
      cash paid for state income taxes
    		               
      cash paid for interest
    		               
    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.