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 
      
    		                   
      cash flows from operating activities:
    		                   
      net income
    		5,153,000 1,787,000 -3,307,000 7,720,000 6,458,000 1,488,000 -3,214,000 3,308,000 -672,000 -3,203,000 -9,376,000 -8,008,000 -12,426,000 -14,092,000 -13,563,000 7,518,000 -12,161,000 -18,096,000 -14,870,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                   
      depreciation and amortization
    		4,807,000 4,559,000 4,324,000 4,110,000 4,038,000 4,167,000 4,146,000 4,000,000 3,780,000 3,539,000 3,412,000 3,385,000 3,366,000 3,226,000 3,154,000 3,117,000 2,973,000 2,624,000 2,427,000 
      stock-based compensation
    		6,428,000 6,343,000 5,639,000 5,728,000 5,329,000 5,537,000 4,440,000 7,556,000 8,734,000 8,529,000 7,472,000  7,711,000 7,768,000 6,376,000  15,415,000 29,687,000 17,090,000 
      benefit from doubtful accounts
    		-396,000 29,000 390,000 544,000 908,000 55,000 -87,000  14,000           
      loss on disposal of assets
    		   4,000 12,000 3,000 6,000 -3,000 14,000 0 104,000 169,000 114,000   40,000 140,000 0 8,000 
      noncash lease expense
    		961,000 975,000 1,126,000 1,036,000 1,039,000 956,000 988,000 1,011,000 1,001,000           
      changes in operating assets and liabilities:
    		                   
      accounts receivable
    		-7,067,000 -4,075,000 15,269,000 -11,183,000 -13,633,000 -9,468,000 4,051,000 -11,470,000 -16,086,000 -9,185,000 20,618,000 -8,474,000 -911,000 -13,584,000 30,790,000 -41,181,000 -5,904,000 -5,488,000 31,708,000 
      prepaid expenses and other assets
    		-1,845,000 3,068,000 -60,000 -199,000 -1,239,000 -707,000 -1,759,000 -1,437,000 -1,449,000 -381,000 3,180,000 -660,000 -3,047,000 633,000 -568,000 1,210,000 -207,000 1,040,000 -2,793,000 
      accounts payable
    		-6,063,000 7,182,000 -11,595,000 5,042,000 3,142,000 11,271,000 4,337,000 15,677,000 -85,000 10,747,000 -16,301,000 7,170,000 1,697,000 3,505,000 -8,157,000 8,220,000 310,000 -1,710,000 -3,416,000 
      accrued liabilities
    		119,000 406,000 -9,293,000 2,118,000 8,896,000 105,000 -3,244,000 4,041,000 5,338,000 1,317,000 -6,504,000 6,745,000 -3,357,000 -6,112,000 3,584,000 10,846,000 3,821,000 6,274,000 -11,213,000 
      accrued compensation
    		1,676,000 1,632,000 -3,784,000 1,644,000 1,790,000 1,492,000 -3,987,000 2,150,000 2,425,000 144,000 -3,350,000 1,053,000 436,000 -1,886,000 -2,721,000 2,121,000 2,029,000 224,000 -2,055,000 
      deferred revenue
    		25,000 335,000 -330,000 132,000 137,000 27,000 -135,000 -986,000 1,122,000 -876,000 933,000 58,000 0 0 -6,486,000 -340,000 -364,000 -535,000 -547,000 
      operating lease liabilities
    		-1,143,000 -1,170,000 -1,073,000 -915,000 -1,337,000 -842,000 -1,020,000 -1,044,000 -1,065,000 -928,000 -743,000 -597,000 -7,000 -496,000 -461,000     
      other liabilities
    		391,000 -137,000 -1,758,000 710,000 1,529,000 285,000 -684,000 409,000 577,000 718,000 -1,000,000 571,000 196,000 -13,000 -1,083,000 345,000 423,000 904,000 -1,382,000 
      net cash from operating activities
    		3,049,000 20,934,000 -4,452,000 16,491,000 17,069,000 14,369,000 3,838,000 23,249,000 3,648,000 11,420,000 -565,000 9,784,000 -4,795,000 -20,089,000 11,570,000 -1,420,000 6,514,000 8,808,000 14,763,000 
      capex
    		-4,867,000 -4,799,000 -3,723,000 -4,323,000 -4,663,000 -4,696,000 -4,062,000 -3,816,000 -3,198,000 -3,789,000 -2,673,000 -2,401,000 -2,087,000 -2,240,000 -2,098,000 -1,409,000 -1,947,000 -1,956,000 -2,060,000 
      free cash flows
    		-1,818,000 16,135,000 -8,175,000 12,168,000 12,406,000 9,673,000 -224,000 19,433,000 450,000 7,631,000 -3,238,000 7,383,000 -6,882,000 -22,329,000 9,472,000 -2,829,000 4,567,000 6,852,000 12,703,000 
      cash flows from investing activities:
    		                   
      purchases of property and equipment
    		-226,000 -475,000 -124,000 -218,000 -796,000 -954,000 -530,000 -476,000 -371,000 -57,000 -291,000 -205,000 -156,000 -24,000 -373,000 -55,000 -120,000 -99,000 -167,000 
      capitalized software development costs
    		-4,641,000 -4,324,000 -3,599,000 -4,105,000 -3,867,000 -3,742,000 -3,532,000 -3,340,000 -2,827,000 -3,732,000 -2,382,000 -2,196,000 -1,931,000 -2,216,000 -1,725,000 -1,354,000 -1,827,000 -1,857,000 -1,893,000 
      cash paid for acquisitions
    		-5,000 -229,000 -315,000                 
      cash paid for investments
    		0                   
      net cash from investing activities
    		-4,872,000 -8,528,000 -4,038,000 -14,323,000 -4,663,000 -4,696,000 -4,062,000 -3,816,000 -3,198,000 -3,789,000 -2,673,000 -2,401,000 -2,087,000 -2,240,000 -2,098,000 -1,409,000 -1,947,000 -1,956,000 -2,060,000 
      cash flows from financing activities:
    		                   
      repurchase of stock related to tax withholdings on vested equity awards
    		0 0 -3,232,000                 
      repurchase of stock related to the stock repurchase program
    		-9,973,000 -11,092,000 -17,025,000                 
      payment of member tax distributions
    		3,000 -2,975,000 -3,645,000 -647,000 -136,000 -447,000 -4,723,000 -4,948,000 -364,000 -4,817,000 -26,000 0 -1,000 2,000 -16,000 41,000 -525,000 0 -6,805,000 
      proceeds from the exercise of stock options
    		263,000 599,000 1,222,000 1,171,000 296,000 1,506,000 101,000             
      payment of offering costs
    		   0 -292,000 -5,000 -29,000         0 0 -1,166,000 -1,442,000 
      net cash from financing activities
    		-9,707,000 -13,468,000 -22,680,000 -11,752,000 -7,518,000 -5,986,000 -10,177,000 -5,982,000 -1,344,000 -5,472,000 -1,593,000 -475,000 -701,000 -18,359,000 -16,000 -1,301,000 -14,228,000 -1,166,000 224,253,000 
      net decrease in cash and cash equivalents
    		-11,530,000 -1,062,000 -31,170,000  4,888,000 3,687,000 -10,401,000  -894,000           
      cash and cash equivalents at beginning of period
    		0 0 205,048,000 0 0 0 216,458,000 0 0 0 206,573,000 0        
      cash and cash equivalents at end of period
    		-11,530,000 -1,062,000 173,878,000 -9,584,000 4,888,000 3,687,000 206,057,000 13,451,000 -894,000 2,159,000 201,742,000 6,908,000        
      supplemental disclosure of cash flow information:
    		                   
      cash paid for interest
    		71,000 68,000 72,000 71,000 71,000 69,000 71,000 70,000 70,000 37,000 38,000 39,000 32,000 63,000 104,000 114,000 186,000 185,000 175,000 
      supplemental disclosure of non-cash investing and financing activities:
    		                   
      stock-based compensation included in capitalized software development costs
    		936,000 1,000,000 652,000 584,000 639,000 657,000 445,000 1,092,000 1,402,000 1,521,000 1,400,000 1,316,000 1,110,000 1,053,000 950,000 901,000 2,560,000 4,890,000 2,666,000 
      operating lease assets obtained in exchange for operating lease liabilities including adjustments
    		56,000                   
      capitalized assets financed by accounts payable and accrued liabilities
    		46,000 -351,000 1,774,000 -558,000 -67,000 -612,000 1,836,000 66,000 442,000 -317,000 953,000 -13,000 202,000 -150,000 464,000     
      deferred offering costs recorded in accounts payable and accrued liabilities
    		     49,000 243,000             
      operating lease assets obtained in exchange for operating lease liabilities
    		  58,000 57,000 1,609,000 130,000 2,891,000 134,000 157,000   4,529,000        
      accrued member tax distributions
    		  1,944,000     273,000 3,487,000 -668,000 1,450,000     0 -187,000   
      adjustments to reconcile income to net cash from operating activities:
    		                   
      repayment of revolving credit facility
    		           0 0       
      net increase in cash and cash equivalents
    		          -4,831,000 6,908,000        
      supplemental disclosure of noncash investing and financing activities:
    		                   
      repurchase of treasury stock related to tax withholdings on vested equity awards
    		    -1,185,000               
      repurchase of treasury stock related to the stock repurchase program
    		    -6,201,000               
      repurchase of treasury stock in connection with the taxes paid related to the vesting of equity awards
    		      -5,526,000             
      benefit from (recovery of) doubtful accounts
    		          22,000 426,000 783,000 0 51,000 54,000    
      gain on extinguishment of debt
    		               0 0   
      proceeds from issuance of common stock, net of underwriting discounts
    		               0 0 0 232,500,000 
      taxes paid related to net share settlement of equity awards
    		       -1,046,000 -980,000 -655,000 -1,567,000 -475,000 -700,000   -1,342,000    
      noncash gain on extinguishment of debt related to paycheck protection program loan
    		               0 0   
      amortization of operating lease assets
    		          968,000 900,000 650,000 657,000 654,000     
      stock/unit-based compensation
    		                   
      cash flows used in investing activities:
    		                   
      proceeds from paycheck protection program loan
    		                   
      payment of member dividends
    		                   
      non-cash gain on extinguishment of debt related to paycheck protection program loan
    		                   
      net increase in cash
    		             -40,688,000 9,456,000 -4,130,000 -9,661,000 5,686,000 236,956,000 
      cash at beginning of period
    		             0 238,480,000 0 0 0 9,629,000 
      cash at end of period
    		             -40,688,000 247,936,000 -4,130,000 -9,661,000 5,686,000 246,585,000 
      note 1
    		             0 8,000     
      note 2
    		             0 9,000     
      note 3
    		             1,000 11,000     
      note 4
    		             0 12,000     
      note 5
    		             1,000 12,000     
      note 6
    		             1,000 14,000     
      note 7
    		             1,000 15,000     
      note 8
    		             1,000 15,000     
      note 9
    		             1,000 16,000     
      note 10
    		             1,000 18,000     
      note 11
    		             2,000 18,000     
      note 12
    		             2,000 19,000     
      note 13
    		             2,000 20,000     
      note 14
    		              20,000     
      proceeds from borrowings on line of credit
    		                   
      proceeds from borrowings on debt with related party
    		                   
      repayments of debt with related party
    		                   
      proceeds from issuance of 2019 convertible preferred units to a related party
    		                   
      transaction costs paid on behalf of related party
    		                   
      effect of exchange rate changes on cash
    		                   
      additions of property and equipment paid by landlord pursuant to tenant improvement allowance
    		                   
      retirement of 2016 convertible preferred units with related party
    		                   
      forgiveness of long-term debt and accrued interest by related party
    		                   
      beneficial conversion feature and deemed dividend related to 2019 convertible preferred units
    		                   
      recovery of doubtful accounts
    		                 -6,000 -194,000 
      •
    		                   
      accrued member tax distributions recorded in other current liabilities
    		                   
      offering costs recorded in accounts payable
    		                  1,167,000 
      unit-based compensation
    		                   
    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.