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 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 
      
    		                                
      assets
    		                                
      current assets:
    		                                
      cash and cash equivalents
    		74,252,000 46,354,000 16,478,000 22,514,823 12,603,289 30,458,800 31,214,741 30,662,774 25,759,887 32,238,702 33,639,218 24,571,557 57,483,776 66,910,824 78,295,426 84,286,381 90,366,812 41,638,623 34,936,902 13,696,387 15,430,559 16,854,359 18,735,002 16,269,595 14,917,690 14,724,166 15,944,609 3,808,774 3,172,782 2,572,658 2,639,789 32,304,145 
      investments
    		380,726,000 122,032,000 189,213,000 212,588,960 251,455,468 252,609,622 146,447,843 149,919,974 108,180,417 114,005,385 123,839,227 144,015,954            4,178,825 7,196,906 8,699,944 8,952,907 18,949,924 18,385,920 20,431,620 21,556,857 245,000 
      other current assets
    		20,519,000 14,718,000 11,906,000 9,467,247 8,379,682 8,862,940 9,860,535 10,007,849 7,771,131                        
      total current assets
    		475,497,000 183,104,000 217,597,000 244,571,030 272,438,439 291,931,362 187,523,119 190,590,597 141,711,435 152,806,340 164,099,682 175,190,537 64,694,110 71,962,831 79,443,854 85,351,975 91,182,481 42,251,483 35,713,975 14,012,006 15,875,216 17,438,489 19,250,354 20,608,885 22,350,880 23,762,627 25,218,208 23,160,407 21,790,430 23,328,681 24,484,080 32,874,300 
      property and equipment
    		417,000 357,000 358,000 336,515 338,787 308,444 306,024 228,782 223,378 210,858 223,343 260,294 302,005 238,629 291,076 312,444 365,533 415,080 466,484 626,271 706,219 795,676 833,463 897,110 816,054 862,185 813,613 814,051 730,449 443,578 280,056 272,245 
      operating lease right-of-use assets
    		90,000 131,000 172,000 215,502 259,744 305,179 351,911 400,019 449,368 499,993 551,933 246,266 295,535 148,727 194,925 241,901 289,586 142,766 186,602 275,696 121,015 158,666 196,983 235,919 275,483 315,688       
      total assets
    		476,004,000 183,592,000 218,127,000 245,123,047 273,036,970 292,544,985 188,181,054 191,219,398 142,384,181 153,517,191 164,874,958 175,697,097 65,291,650 72,350,187 79,929,855 85,906,320 91,837,600 42,809,329 36,367,061 14,913,973 16,702,450 18,392,831 20,280,800 21,741,914 23,442,417 24,940,500 26,031,821 27,894,458 29,469,485 30,726,782 31,969,510 33,146,545 
      liabilities and stockholders’ equity:
    		                                
      current liabilities:
    		                                
      accounts payable
    		11,418,000 11,158,000 9,932,000 9,366,007 9,158,778 6,203,132 5,276,690 5,076,699 5,634,806 3,019,282 2,569,913 2,627,076 3,168,198 2,304,543 2,139,291 1,507,099 1,746,425 647,172 318,213 83,130 81,048 68,104 142,773 198,183 141,216 208,919 119,811 177,686 149,401 130,044 71,913 34,861 
      operating lease liabilities
    		96,000 139,000 169,000 171,952 175,226 178,587 181,882 184,950 188,100 191,333 194,895 191,749 194,643 156,769 189,267 189,858 190,458 153,684 185,656 189,400 131,538 176,600 178,466 164,664 181,330 182,302       
      accrued expenses
    		27,278,000 28,644,000 22,818,000 22,184,948 16,974,725 13,146,769 11,237,509 8,927,094 6,887,136 3,871,135 3,040,178 4,060,280 3,278,315 1,683,305 1,216,392 802,893 879,851 729,672 660,849 756,873 610,508 614,462 584,319 543,486 557,194 485,194 536,791 777,199 807,783 652,990 506,140 301,586 
      total current liabilities
    		38,792,000 39,941,000 32,919,000 31,722,907 26,308,729 19,528,488 16,696,081 14,188,743 12,710,042 7,081,750 5,805,967 6,881,554 6,645,072 4,149,996 3,550,810 2,505,700 2,822,574 1,536,358 1,170,537 1,035,202 828,883 864,946 911,327 912,092 885,489 882,155 662,332 960,605 962,890 783,034 578,053 336,447 
      note payable, non-current
    		125,166,000 99,276,000 98,527,000 97,727,136 96,923,914 96,193,172 37,566,230 37,035,411 36,506,774 35,985,980 35,478,262 34,983,074 15,013,407 15,011,460 14,823,021 14,625,923 14,427,809 14,233,068               
      convertible debt
    		195,083,000                                
      total liabilities
    		359,041,000 139,217,000 131,459,000 129,504,012 123,328,342 115,860,193 54,444,390 51,450,076 49,487,741 43,384,850 41,648,190 41,925,630 21,766,309 19,161,456 18,390,140 17,195,843 17,363,214 15,774,805 1,192,517 1,151,998 840,092 877,606 983,229 1,029,485 1,048,978 1,077,195 682,210 981,920 986,116 783,034 578,053 336,447 
      commitments and contingencies
    		                                
      stockholders’ equity:
    		                                
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 188,838 and 317,577 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively.
    		                                
      common stock
    		43,000 39,000 38,000 37,143 37,116 37,015 30,774 25,506 22,369 22,082 21,941 21,667 14,943 14,941 14,920 14,919 14,906 12,655 12,288 10,289 10,289 10,254 10,254 10,249 10,220 10,209 10,186 10,151 10,119 10,107 10,087 10,082 
      additional paid-in capital
    		514,844,000 398,456,000 395,482,000 387,436,682 384,873,261 382,057,737 315,393,843 299,818,965 234,100,541 232,932,164 231,439,035 230,045,566 128,225,939 126,995,610 125,386,089 124,622,405 123,632,827 70,167,970 64,275,505 37,522,374 37,148,459 36,599,372 36,134,723 35,740,561 35,437,346 35,187,046 34,827,467 34,565,128 34,264,884 33,908,815 33,388,597 33,083,055 
      accumulated deficit
    		-397,924,000 -354,120,000 -308,852,000 -271,855,108 -235,202,067 -205,410,278 -181,688,458 -160,076,003 -141,227,531 -122,822,991 -108,235,304 -96,296,887 -84,715,541 -73,821,820 -63,861,294 -55,926,847 -49,173,347 -43,146,101 -29,113,249 -23,770,688 -21,296,390 -19,094,401 -16,847,406 -15,038,381 -13,054,127 -11,333,950 -9,488,042 -7,662,741 -5,791,634 -3,975,174 -2,007,227 -283,039 
      total stockholders’ equity
    		116,963,000 44,375,000 86,668,000 115,619,035 149,708,628 176,684,792 133,736,664 139,769,322 92,896,440 110,132,341 123,226,768 133,771,467 43,525,341 53,188,731 61,539,715 68,710,477 74,474,386            28,483,369  31,391,457 32,810,098 
      total liabilities and stockholders’ equity
    		476,004,000 183,592,000 218,127,000 245,123,047 273,036,970 292,544,985 188,181,054 191,219,398 142,384,181 153,517,191 164,874,958 175,697,097 65,291,650 72,350,187 79,929,855 85,906,320 91,837,600            29,469,485  31,969,510 33,146,545 
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 213,151 and 317,577 shares issued and outstanding as of june 30, 2025 and december 31, 2024, respectively.
    		                                
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 317,577 shares issued and outstanding as of each of march 31, 2025 and december 31, 2024
    		                                
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 317,577 and 854,134 shares issued and outstanding as of december 31, 2024 and december 31, 2023, respectively
    		   318                             
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 317,577 and 854,134 shares issued and outstanding as of september 30, 2024 and december 31, 2023, respectively
    		    318                            
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 317,577 and 854,134 shares issued and outstanding as of june 30, 2024 and december 31, 2023, respectively
    		     318                           
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 505,277 and 854,134 shares issued and outstanding as of march 31, 2024 and december 31, 2023, respectively
    		      505                          
      finance lease liabilities
    		          981 2,449 3,916 5,379 5,860 5,850 5,840 5,830 5,819 5,799 5,789 5,780 5,769 5,759  5,740       
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 854,134 and 1,120,873 shares issued and outstanding as of december 31, 2023 and 2022, respectively
    		       854                         
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 1,060,873 and 1,120,873 shares issued and outstanding as of september 30, 2023 and december 31, 2022
    		        1,061                        
      deposits
    		         22,009 22,009 22,009 22,009 22,009 22,009 22,009 22,009 22,009 22,009 22,009 22,009 22,009 22,009 22,009 22,009 22,009 22,009 22,009 27,726 27,726 27,726 27,726 
      deferred transaction costs
    		         79,088 35,597 33,195 349,147 332,824 170,503 22,144  121,307 13,719   34,870 28,743 28,743 28,743 28,743 28,743 27,379     
      payroll tax receivable
    		          38,263 203,665 260,926 95,300 193,034 298,764 356,309 190,000 190,000 190,000 190,000 190,000 190,000          
      prepaid assets
    		         6,461,156 6,525,368 6,344,157 6,578,252 4,601,874 762,882 722,677 437,351 279,544 551,345 103,610 232,648 337,251 274,600 109,713 185,532 287,765 269,940 352,321 154,002 246,677 209,708 247,429 
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 1,085,873 and 1,120,873 shares issued and outstanding as of june 30, 2023 and december 31, 2022
    		         1,086                       
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 1,095,873 and 1,120,873 shares issued and outstanding as of march 31, 2023 and december 31, 2022, respectively
    		          1,096                      
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 1,120,873 and 0 shares issued and outstanding as of december 31, 2022 and december 31, 2021
    		           1,121                     
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 0 shares issued and outstanding as of september 30, 2022 and december 31, 2021
    		                                
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 0 shares issued and outstanding as of june 30, 2022 and december 31, 2021
    		                                
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 0 shares issued and outstanding as of march 31, 2022 and december 31, 2021
    		                                
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 0 shares issued and outstanding as of december 31, 2021 and december 31, 2020
    		                                
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 0 shares issued and outstanding as of september 30, 2021 and december 31, 2020
    		                                
      liabilities and stockholders' equity:
    		                                
      stockholders' equity:
    		                                
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 0 shares issued and outstanding as of june 30, 2021 and december 31, 2020
    		                                
      total stockholders' equity
    		                 27,034,524 35,174,544 13,761,975 15,862,358 17,515,225 19,297,571 20,712,429 22,393,439 23,863,305 25,349,611 26,912,538  29,943,748   
      total liabilities and stockholders' equity
    		                 42,809,329 36,367,061 14,913,973 16,702,450 18,392,831 20,280,800 21,741,914 23,442,417 24,940,500 26,031,821 27,894,458  30,726,782   
      see accompanying notes to the financial statements
    		                                
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 0 shares issued and outstanding as of march 31, 2021 and december 31, 2020
    		                                
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 0 shares issued and outstanding as of september 30, 2020 and december 31, 2019
    		                                
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 0 shares issued and outstanding as of june 30, 2020 and december 31, 2019
    		                                
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 0 shares issued and outstanding as of march 31, 2020 and december 31, 2019
    		                                
      preferred stock, 0.001 par value: 2,500,000 shares authorized; 0 shares issued and outstanding as of december 31, 2019 and december 31, 2018
    		                                
      preferred stock, 0.001 par value: 2,500,000 shares authorized as of september 30, 2019 and december 31, 2018; 0 shares issued and outstanding as of september 30, 2019 and december 31, 2018
    		                                
      capital lease liabilities
    		                        5,749        
      preferred stock, 0.001 par value: 2,500,000 shares authorized as of june 30, 2019 and december 31, 2018; 0 shares issued and outstanding as of june 30, 2019 and december 31, 2018
    		                                
      preferred stock, 0.001 par value: 2,500,000 shares authorized as of march 31, 2019 and december 31, 2018; 0 shares issued and outstanding as of march 31, 2019 and december 31, 2018
    		                                
      restricted cash
    		                            50,000 50,000 50,000 50,000 
      long term investments
    		                           3,920,000 6,948,606 6,954,523 7,205,374  
      capital lease obligations
    		                          5,730 5,720 5,706    
      preferred stock, 0.001 par value: 2,500,000 and 5,000,000 shares authorized as of december 31, 2018 and december 31, 2017, respectively; 0 shares issued and outstanding as of december 31, 2018 and december 31, 2017
    		                                
      preferred stock, 0.001 par value: 2,500,000 and 5,000,000 shares authorized as of september 30, 2018 and december 31, 2017, respectively; 0 shares issued and outstanding as of september 30, 2018 and december 31, 2017
    		                                
      preferred stock, 0.001 par value: 2,500,000 and 5,000,000 shares authorized as of june 30, 2018 and december 31, 2017, respectively; 0 shares issued and outstanding as of june 30, 2018 and december 31, 2017
    		                                
      assets:
    		                                
      preferred stock, 0.001 par value: 5,000,000 shares authorized as of march 31, 2018 and december 31, 2017; 0 shares issued and outstanding as of march 31, 2018 and december 31, 2017
    		                                
      members’ equity contributions: 0 and 6,440,139 shares issued and outstanding as of december 31, 2017 and december 31, 2016, respectively
    		                                
      preferred stock, 0.001 par value: 5,000,000 and 0 shares authorized as of december 31, 2017 and december 31, 2016, respectively; 0 shares issued and outstanding as of december 31, 2017 and december 31, 2016
    		                                
      members’ equity contributions: 0 and 6,440,105 shares issued and outstanding as of september 30, 2017 and december 31, 2016, respectively
    		                                
      preferred stock, 0.001 par value: 5,000,000 and 0 shares authorized as of september 30, 2017 and december 31, 2016, respectively; 0 shares issued and outstanding as of september 30, 2017 and december 31, 2016
    		                                
    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.