EverQuote, Inc(NASDAQ:EVER)

EverQuote, Inc. operates an online marketplace for insurance shopping in the United States. The company's online marketplace offers consumers shopping for auto, home and renters, life, health, and commercial insurance. It serves carriers and agents, as well as indirect distributors. The company was ...
Website: http://www.everquote.com
Founded: 2011
Full Time Employees: 425
Sector: Communication Services
Industry: Internet Content & Information
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At a glance:
Bull Thesis:
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Income Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 | 2020-12-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 190,852,000 | 195,320,000 | 173,940,000 | 156,629,000 | 166,632,000 | 147,455,000 | 144,530,000 | 117,140,000 | 91,065,000 | 55,705,000 | 55,011,000 | 67,985,000 | 109,220,000 | 88,308,000 | 103,223,000 | 101,915,000 | 110,681,000 | 102,067,000 | 107,563,000 | 105,063,000 | 103,822,000 | 97,292,000 | 89,977,000 | 78,302,000 | 81,364,000 | 73,799,000 | 67,112,000 | 55,667,000 | 52,233,000 | 39,779,000 | 41,748,000 | 41,092,000 |
yoy | 14.54% | 32.46% | 20.35% | 33.71% | 82.98% | 164.71% | 162.73% | 72.30% | -16.62% | -36.92% | -46.71% | -33.29% | -1.32% | -13.48% | -4.03% | -3.00% | 6.61% | 4.91% | 19.54% | 34.18% | 27.60% | 31.83% | 34.07% | 40.66% | 55.77% | 85.52% | 60.76% | 35.47% | ||||
qoq | -2.29% | 12.29% | 11.05% | -6.00% | 13.01% | 2.02% | 23.38% | 28.63% | 63.48% | 1.26% | -19.08% | -37.75% | 23.68% | -14.45% | 1.28% | -7.92% | 8.44% | -5.11% | 2.38% | 1.20% | 6.71% | 8.13% | 14.91% | -3.76% | 10.25% | 9.96% | 20.56% | 6.57% | 31.31% | -4.72% | 1.60% | |
cost and operating expenses: | ||||||||||||||||||||||||||||||||
cost of revenue | 4,265,000 | 4,441,000 | 4,712,000 | 4,842,000 | 5,380,000 | 5,420,000 | 5,450,000 | 5,011,000 | 5,041,000 | 4,988,000 | 6,150,000 | 5,547,000 | 5,770,000 | 6,060,000 | 5,877,000 | 6,059,000 | 5,984,000 | 6,191,000 | 5,994,000 | 5,811,000 | 5,953,000 | 5,683,000 | 5,378,000 | 4,977,000 | 5,335,000 | 4,681,000 | 4,052,000 | 3,504,000 | 3,666,000 | 3,075,000 | 3,115,000 | 2,873,000 |
sales and marketing | 145,412,000 | 155,161,000 | 135,362,000 | 121,055,000 | 129,430,000 | 114,209,000 | 111,794,000 | 90,913,000 | 70,784,000 | 44,594,000 | 46,505,000 | 58,795,000 | 90,237,000 | 76,153,000 | 89,098,000 | 87,854,000 | 96,150,000 | 89,266,000 | 92,545,000 | 85,610,000 | 87,569,000 | 80,217,000 | 73,598,000 | 64,561,000 | 66,504,000 | 59,331,000 | 53,212,000 | 45,524,000 | 44,622,000 | 35,638,000 | 35,150,000 | 34,932,000 |
research and development | 8,548,000 | 8,303,000 | 7,944,000 | 7,772,000 | 7,485,000 | 7,640,000 | 8,026,000 | 7,043,000 | 6,844,000 | 5,944,000 | 6,270,000 | 7,450,000 | 7,927,000 | 7,440,000 | 7,832,000 | 8,245,000 | 8,196,000 | 8,847,000 | 9,259,000 | 9,053,000 | 8,573,000 | 8,088,000 | 8,149,000 | 6,966,000 | 6,459,000 | 5,529,000 | 5,596,000 | 4,404,000 | 4,685,000 | 4,255,000 | 4,123,000 | 3,181,000 |
general and administrative | 9,211,000 | 8,784,000 | 8,382,000 | 8,460,000 | 8,440,000 | 8,159,000 | 7,594,000 | 7,881,000 | 6,630,000 | 6,962,000 | 5,741,000 | 5,768,000 | 7,830,000 | 6,702,000 | 7,102,000 | 7,357,000 | 6,941,000 | 6,176,000 | 6,731,000 | 6,200,000 | 5,596,000 | 4,830,000 | 6,141,000 | 4,754,000 | 4,719,000 | 4,186,000 | 4,334,000 | 4,481,000 | 3,826,000 | 3,925,000 | 3,296,000 | 1,733,000 |
legal settlement | 332,000 | 7,900,000 | ||||||||||||||||||||||||||||||
total cost and operating expenses | 167,436,000 | 176,689,000 | 156,400,000 | 142,461,000 | 158,635,000 | 135,428,000 | 132,864,000 | 110,848,000 | 89,299,000 | 62,467,000 | 84,423,000 | 81,355,000 | 111,651,000 | 96,987,000 | 109,813,000 | 105,736,000 | 116,379,000 | 110,540,000 | 115,348,000 | 106,939,000 | 107,612,000 | 101,076,000 | 93,266,000 | 81,258,000 | 83,017,000 | 74,954,000 | 67,194,000 | 57,913,000 | 56,799,000 | 46,893,000 | 45,684,000 | 42,719,000 |
income from operations | 23,416,000 | 18,631,000 | 17,540,000 | 14,168,000 | 7,997,000 | 12,027,000 | 11,666,000 | 6,292,000 | 1,766,000 | -6,762,000 | -29,412,000 | -13,370,000 | -2,431,000 | -8,679,000 | -6,590,000 | -3,821,000 | -5,698,000 | -8,473,000 | -7,785,000 | -1,876,000 | -3,790,000 | -3,784,000 | -3,289,000 | -2,956,000 | -1,653,000 | -1,155,000 | -82,000 | -2,246,000 | -4,566,000 | -7,114,000 | -3,936,000 | -1,627,000 |
yoy | 192.81% | 54.91% | 50.35% | 125.17% | 352.83% | -277.86% | -139.66% | -147.06% | -172.65% | -22.09% | 346.31% | 249.91% | -57.34% | 2.43% | -15.35% | 103.68% | 50.34% | 123.92% | 136.70% | -36.54% | 129.28% | 227.62% | 3910.98% | 31.61% | -63.80% | -83.76% | -97.92% | 38.05% | ||||
qoq | 25.68% | 6.22% | 23.80% | 77.17% | -33.51% | 3.09% | 85.41% | 256.29% | -126.12% | -77.01% | 119.99% | 449.98% | -71.99% | 31.70% | 72.47% | -32.94% | -32.75% | 8.84% | 314.98% | -50.50% | 0.16% | 15.05% | 11.27% | 78.83% | 43.12% | 1308.54% | -96.35% | -50.81% | -35.82% | 80.74% | 141.92% | |
operating margin % | 12.27% | 9.54% | 10.08% | 9.05% | 4.80% | 8.16% | 8.07% | 5.37% | 1.94% | -12.14% | -53.47% | -19.67% | -2.23% | -9.83% | -6.38% | -3.75% | -5.15% | -8.30% | -7.24% | -1.79% | -3.65% | -3.89% | -3.66% | -3.78% | -2.03% | -1.57% | -0.12% | -4.03% | -8.74% | -17.88% | -9.43% | -3.96% |
other income: | ||||||||||||||||||||||||||||||||
interest income | 961,000 | 956,000 | 992,000 | 918,000 | 708,000 | 683,000 | 554,000 | 456,000 | 386,000 | 382,000 | 411,000 | 271,000 | 187,000 | 191,000 | 113,000 | 37,000 | 8,000 | 4,000 | 9,000 | 10,000 | 14,000 | 13,000 | 18,000 | 47,000 | 111,000 | 133,000 | 168,000 | 184,000 | 184,000 | 189,000 | 131,000 | |
other income | -13,000 | -22,000 | -12,000 | -22,000 | -31,000 | 24,000 | 53,000 | 60,000 | 41,000 | 9,000 | 20,000 | -16,000 | 1,000 | -6,000 | 26,000 | 28,000 | -11,000 | -6,000 | -15,000 | -25,000 | 3,000 | 87,000 | 101,000 | 100,000 | 88,000 | 87,000 | 88,000 | |||||
total other income | 948,000 | 934,000 | 980,000 | 896,000 | 677,000 | 707,000 | 607,000 | 516,000 | 427,000 | 391,000 | 431,000 | 255,000 | 188,000 | 185,000 | 139,000 | 65,000 | -7,000 | 3,000 | -5,000 | -11,000 | 16,000 | 105,000 | 148,000 | 211,000 | 221,000 | 255,000 | 272,000 | 184,000 | 189,000 | 128,000 | ||
income before income taxes | 24,364,000 | 19,565,000 | 18,520,000 | 15,064,000 | 8,674,000 | 12,734,000 | 12,273,000 | 6,808,000 | 2,193,000 | -6,371,000 | -28,981,000 | -13,115,000 | -2,243,000 | -8,494,000 | -6,451,000 | -8,480,000 | -7,782,000 | -1,716,500 | -3,808,000 | |||||||||||||
income tax expense | -5,691,000 | -363,000 | -684,000 | -428,000 | -719,000 | -406,000 | -286,000 | -150,000 | -236,000 | -78,000 | -286,000 | |||||||||||||||||||||
net income | 18,673,000 | 57,755,000 | 18,865,000 | 14,701,000 | 7,990,000 | 12,306,000 | 11,554,000 | 6,402,000 | 1,907,000 | -6,348,000 | -29,217,000 | -13,193,000 | -2,529,000 | -8,494,000 | -6,451,000 | -3,756,000 | -5,715,000 | -8,480,000 | -5,272,000 | -1,881,000 | -3,801,000 | |||||||||||
yoy | 133.70% | 369.32% | 63.28% | 129.63% | 318.98% | -293.86% | -139.55% | -148.53% | -175.41% | -25.26% | 352.91% | 251.25% | -55.75% | 0.17% | 22.36% | 99.68% | 50.36% | |||||||||||||||
qoq | -67.67% | 206.15% | 28.32% | 83.99% | -35.07% | 6.51% | 80.47% | 235.71% | -130.04% | -78.27% | 121.46% | 421.67% | -70.23% | 31.67% | 71.75% | -34.28% | -32.61% | 60.85% | 180.28% | -50.51% | ||||||||||||
net income margin % | 9.78% | 29.57% | 10.85% | 9.39% | 4.79% | 8.35% | 7.99% | 5.47% | 2.09% | -11.40% | -53.11% | -19.41% | -2.32% | -9.62% | -6.25% | -3.69% | -5.16% | -8.31% | -4.90% | -1.79% | -3.66% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
net income per share | -0.18 | -0.87 | -0.4 | -0.08 | -0.26 | -0.2 | -0.12 | -0.19 | -0.29 | -0.18 | -0.07 | -0.13 | -0.1 | -0.05 | -0.08 | -0.17 | 0.09 | -0.15 | -3.1 | |||||||||||||
basic | 0.52 | 1.6 | 0.52 | 0.4 | 0.22 | 0.35 | 0.33 | 0.18 | 0.06 | -0.068 | -0.12 | -0.06 | 0.01 | |||||||||||||||||||
diluted | 0.51 | 1.53 | 0.5 | 0.39 | 0.21 | 0.34 | 0.31 | 0.17 | 0.05 | -0.068 | -0.12 | -0.06 | 0.01 | |||||||||||||||||||
weighted-average common shares outstanding: | ||||||||||||||||||||||||||||||||
basic | 35,947 | 36,141 | 36,218 | 36,327 | 35,879 | 35,007 | 35,234 | 34,910 | 34,387 | 27,526 | 25,910,291 | |||||||||||||||||||||
diluted | 36,942 | 37,753 | 37,731 | 38,014 | 37,667 | 36,646 | 37,214 | 36,698 | 35,608 | 27,526 | 28,607,284 | |||||||||||||||||||||
comprehensive income: | ||||||||||||||||||||||||||||||||
other comprehensive income: | ||||||||||||||||||||||||||||||||
foreign currency translation adjustment | -52 | -46 | 119 | 53 | -105 | 82 | 2 | -8 | -27 | 14 | 13 | 35 | -32 | -29 | 10 | 5 | -10 | 7 | 15 | |||||||||||||
comprehensive income | 18,621 | 57,755 | 18,819 | 14,820 | 8,043 | 12,201 | 11,636 | 6,404 | 1,899 | |||||||||||||||||||||||
income tax benefit | 38,190,000 | 345,000 | ||||||||||||||||||||||||||||||
restructuring and other charges | -21,000 | 19,757,000 | 3,832,000 | |||||||||||||||||||||||||||||
acquisition-related costs | -37,000 | -113,000 | ||||||||||||||||||||||||||||||
net income per share | -0.18 | -0.87 | -0.4 | -0.08 | -0.26 | -0.2 | -0.12 | -0.19 | -0.29 | -0.18 | -0.07 | -0.13 | -0.1 | -0.05 | -0.08 | -0.17 | 0.09 | -0.15 | -3.1 | |||||||||||||
weighted-average common shares outstanding, basic and diluted | 33,350 | 33,549 | 33,129 | 32,892 | 31,613 | 32,008 | 31,519 | 30,529 | 29,088 | 29,277 | 28,895 | 28,431 | 27,329 | 26,640 | 25,758,649 | 25,578,579 | 25,293,625 | 16,922,225 | 24,595,102 | 9,084,880 | ||||||||||||
comprehensive loss: | ||||||||||||||||||||||||||||||||
other comprehensive loss: | ||||||||||||||||||||||||||||||||
comprehensive loss | -6,313 | -29,244 | -13,179 | -2,516 | -8,459 | -6,483 | -3,785 | -5,705 | -8,475 | -5,282 | -1,874 | -3,786 | ||||||||||||||||||||
acquisition-related | -1,191,750 | -96,000 | -3,779,000 | -892,000 | 251,250 | 819,000 | 265,000 | -79,000 | ||||||||||||||||||||||||
benefit from income taxes | 2,510,000 | |||||||||||||||||||||||||||||||
other expense | -25,000 | |||||||||||||||||||||||||||||||
total other expense | -17,000 | |||||||||||||||||||||||||||||||
net income and comprehensive income | -1,858,500 | -3,184,000 | -1,545,750 | 173,000 | ||||||||||||||||||||||||||||
net loss and comprehensive loss | -2,808,000 | -1,442,000 | -1,974,000 | -4,382,000 | -6,925,000 | -3,808,000 | -1,730,000 | |||||||||||||||||||||||||
weighted-average common shares outstanding, | ||||||||||||||||||||||||||||||||
basic and diluted | 27,136 | |||||||||||||||||||||||||||||||
accretion of redeemable convertible preferred stock to redemption value | -26,402,000 | |||||||||||||||||||||||||||||||
net income available (attributable) to common stockholders | -1,545,750 | 173,000 | ||||||||||||||||||||||||||||||
net loss attributable to common stockholders | -1,974,000 | -4,382,000 | -6,925,000 | -3,808,000 | -28,132,000 | |||||||||||||||||||||||||||
interest expense | -3,000 | -103,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 | 2020-12-31 | 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 |
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assets | ||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||
cash and cash equivalents | 178,492,000 | 171,379,000 | 145,766,000 | 148,188,000 | 124,968,000 | 102,116,000 | 82,841,000 | 60,919,000 | 48,620,000 | 37,956,000 | 39,049,000 | 31,048,000 | 28,753,000 | 30,835,000 | 36,591,000 | 41,269,000 | 46,128,000 | 34,851,000 | 41,773,000 | 54,520,000 | 46,886,000 | 42,870,000 | 45,881,000 | 54,409,000 | 50,460,000 | 46,054,000 | 41,949,000 | 37,123,000 | 37,719,000 | 41,634,000 | 38,709,000 | |
accounts receivable | 71,783,000 | 75,149,000 | 68,179,000 | 54,960,000 | 61,803,000 | 61,346,000 | 48,244,000 | 48,033,000 | 38,286,000 | 21,181,000 | 22,151,000 | 22,050,000 | 39,186,000 | 29,604,000 | 40,424,000 | 36,581,000 | 46,557,000 | 35,659,000 | 44,517,000 | 45,832,000 | 49,067,000 | 46,079,000 | 41,527,000 | 36,489,000 | 35,655,000 | 32,214,000 | 29,908,000 | 24,147,000 | 25,856,000 | 17,460,000 | 21,789,000 | 17,719,000 |
prepaid expenses and other current assets | 6,794,000 | 9,761,000 | 10,013,000 | 6,325,000 | 4,827,000 | 5,311,000 | 5,453,000 | 4,439,000 | 4,783,000 | 5,755,000 | 4,078,000 | 5,140,000 | 5,296,000 | 7,005,000 | 15,469,000 | 14,428,000 | 14,319,000 | 14,184,000 | 11,483,000 | 8,546,000 | 8,280,000 | 8,452,000 | 7,119,000 | 3,429,000 | 7,159,000 | 7,065,000 | 3,210,000 | 1,429,000 | 1,298,000 | 1,456,000 | 1,645,000 | 1,972,000 |
total current assets | 257,069,000 | 256,289,000 | 223,958,000 | 209,473,000 | 194,335,000 | 171,780,000 | 139,891,000 | 117,056,000 | 95,684,000 | 69,241,000 | 70,098,000 | 70,885,000 | 84,868,000 | 80,974,000 | 92,484,000 | 92,278,000 | 107,004,000 | 84,694,000 | 97,773,000 | 108,898,000 | 104,233,000 | 97,401,000 | 94,527,000 | 94,327,000 | 93,274,000 | 85,333,000 | 75,067,000 | 62,699,000 | 64,873,000 | 60,550,000 | 62,143,000 | 22,073,000 |
property and equipment | 8,551,000 | 7,878,000 | 7,620,000 | 7,169,000 | 6,496,000 | 6,176,000 | 6,409,000 | 6,230,000 | 5,754,000 | 5,719,000 | 5,625,000 | 6,689,000 | 6,594,000 | 6,460,000 | 6,277,000 | 5,923,000 | 5,742,000 | 5,796,000 | 5,979,000 | 5,892,000 | 6,080,000 | 6,173,000 | 5,871,000 | 5,759,000 | 5,236,000 | 5,197,000 | 5,105,000 | 5,040,000 | 4,673,000 | 4,481,000 | 4,021,000 | 3,028,000 |
goodwill | 21,501,000 | 21,501,000 | 21,501,000 | 21,501,000 | 21,501,000 | 21,501,000 | 21,501,000 | 21,501,000 | 21,501,000 | 21,501,000 | 21,501,000 | 21,501,000 | 21,501,000 | 21,501,000 | 21,501,000 | 21,501,000 | 21,501,000 | 21,501,000 | 21,666,000 | 9,969,000 | 9,969,000 | 9,794,000 | 9,618,000 | |||||||||
operating lease right-of-use assets | 2,049,000 | 2,358,000 | 2,651,000 | 2,956,000 | 3,174,000 | 3,409,000 | 3,862,000 | 3,059,000 | 1,120,000 | 1,617,000 | 2,108,000 | 4,224,000 | 4,910,000 | 5,769,000 | 6,431,000 | 7,096,000 | 7,213,000 | 7,291,000 | 7,966,000 | 8,463,000 | 9,070,000 | 9,621,000 | ||||||||||
deferred tax assets | 34,619,000 | 38,704,000 | ||||||||||||||||||||||||||||||
other assets | 183,000 | 183,000 | 320,000 | 320,000 | 320,000 | 320,000 | 320,000 | 320,000 | 29,000 | 29,000 | 414,000 | 414,000 | 414,000 | 450,000 | 28,609,000 | 25,098,000 | 19,407,000 | 14,096,000 | 4,291,000 | 2,860,000 | 3,254,000 | 2,695,000 | 2,444,000 | 745,000 | 692,000 | 691,000 | 698,000 | 703,000 | 709,000 | 715,000 | 721,000 | 728,000 |
total assets | 323,972,000 | 326,913,000 | 256,050,000 | 241,419,000 | 232,145,000 | 210,530,000 | 180,539,000 | 157,952,000 | 135,401,000 | 110,925,000 | 113,986,000 | 145,055,000 | 160,437,000 | 156,519,000 | 163,828,000 | 160,989,000 | 170,528,000 | 143,607,000 | 148,547,000 | 138,843,000 | 135,669,000 | 129,050,000 | 116,235,000 | 100,831,000 | 99,202,000 | 91,221,000 | 80,870,000 | 68,442,000 | 70,255,000 | 65,746,000 | 66,885,000 | 29,541,000 |
liabilities and stockholders' equity | ||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||
accounts payable | 68,216,000 | 76,851,000 | 67,945,000 | 58,993,000 | 57,286,000 | 59,975,000 | 46,993,000 | 42,005,000 | 33,069,000 | 17,202,000 | 20,627,000 | 22,879,000 | 30,689,000 | 30,680,000 | 37,139,000 | 32,937,000 | 43,104,000 | 29,599,000 | 25,057,000 | 25,955,000 | 32,263,000 | 32,964,000 | 33,735,000 | 27,087,000 | 27,646,000 | 23,663,000 | 23,358,000 | 18,355,000 | 21,457,000 | 16,826,000 | 14,615,000 | 17,991,000 |
accrued expenses and other current liabilities | 10,589,000 | 7,512,000 | 8,919,000 | 7,339,000 | 19,867,000 | 9,794,000 | 9,973,000 | 9,815,000 | 10,646,000 | 8,784,000 | 6,769,000 | 10,206,000 | 10,764,000 | 9,924,000 | 9,953,000 | 10,941,000 | 10,246,000 | 13,015,000 | 20,186,000 | 16,963,000 | 12,232,000 | 9,421,000 | 11,224,000 | 9,975,000 | 12,736,000 | 13,225,000 | 6,513,000 | 3,452,000 | 4,139,000 | 3,099,000 | 3,166,000 | 3,028,000 |
deferred revenue | 1,773,000 | 1,662,000 | 1,389,000 | 1,646,000 | 2,100,000 | 1,765,000 | 1,779,000 | 1,899,000 | 1,870,000 | 1,872,000 | 1,901,000 | 1,809,000 | 1,947,000 | 1,867,000 | 1,890,000 | 1,974,000 | 1,984,000 | 2,096,000 | 1,892,000 | 1,836,000 | 1,812,000 | 1,869,000 | 1,692,000 | 1,633,000 | 1,577,000 | 1,501,000 | 1,567,000 | 1,761,000 | 1,670,000 | 1,440,000 | 1,069,000 | 1,152,000 |
operating lease liabilities | 1,280,000 | 1,197,000 | 1,239,000 | 1,214,000 | 1,155,000 | 1,115,000 | 1,233,000 | 1,238,000 | 1,475,000 | 2,090,000 | 2,698,000 | 2,837,000 | 2,862,000 | 2,936,000 | 2,953,000 | 3,011,000 | 2,852,000 | 2,696,000 | 2,785,000 | 2,757,000 | 2,819,000 | 2,593,000 | ||||||||||
total current liabilities | 81,858,000 | 87,222,000 | 79,492,000 | 69,192,000 | 80,408,000 | 72,649,000 | 59,978,000 | 54,957,000 | 47,060,000 | 29,948,000 | 31,995,000 | 37,731,000 | 46,262,000 | 45,407,000 | 51,935,000 | 48,863,000 | 58,186,000 | 47,406,000 | 49,920,000 | 47,511,000 | 49,126,000 | 46,847,000 | 46,651,000 | 38,695,000 | 41,959,000 | 38,389,000 | 31,438,000 | 23,568,000 | 27,266,000 | 21,365,000 | 18,850,000 | 22,171,000 |
deferred tax liabilities | 275,000 | 281,000 | ||||||||||||||||||||||||||||||
operating lease liabilities, net of current portion | 972,000 | 1,370,000 | 1,627,000 | 1,960,000 | 2,237,000 | 2,513,000 | 2,859,000 | 2,156,000 | 18,000 | 70,000 | 120,000 | 1,786,000 | 2,502,000 | 3,501,000 | 4,233,000 | 4,955,000 | 5,279,000 | 5,531,000 | 6,214,000 | 6,833,000 | 7,470,000 | 8,093,000 | ||||||||||
total liabilities | 83,105,000 | 88,873,000 | 81,119,000 | 71,152,000 | 82,645,000 | 75,162,000 | 62,837,000 | 57,113,000 | 47,078,000 | 30,018,000 | 32,115,000 | 39,517,000 | 48,801,000 | 49,033,000 | 56,586,000 | 54,737,000 | 68,086,000 | 58,482,000 | 62,499,000 | 57,188,000 | 59,681,000 | 58,068,000 | 49,012,000 | 40,203,000 | 42,970,000 | 39,451,000 | 32,556,000 | 24,743,000 | 28,469,000 | 22,562,000 | 20,029,000 | 30,339,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||
stockholders' equity: | ||||||||||||||||||||||||||||||||
preferred stock, 0.001 par value... | ||||||||||||||||||||||||||||||||
class a common stock, 0.001 par value... | 32,000 | 33,000 | 32,000 | 33,000 | 32,000 | 32,000 | 32,000 | 31,000 | 29,000 | 29,000 | 28,000 | 28,000 | 27,000 | 26,000 | 26,000 | 26,000 | 25,000 | 24,000 | 23,000 | 23,000 | 22,000 | 21,000 | 20,000 | 19,000 | 17,000 | 15,000 | 12,000 | 11,000 | 9,000 | 8,000 | 5,000 | |
class b common stock, 0.001 par value... | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 7,000 | 7,000 | 8,000 | 10,000 | 12,000 | 15,000 | 15,000 | 17,000 | 18,000 | 20,000 | 9,000 |
additional paid-in capital | 303,952,000 | 319,745,000 | 314,392,000 | 328,546,000 | 322,600,000 | 316,511,000 | 311,046,000 | 305,820,000 | 299,708,000 | 294,191,000 | 288,843,000 | 283,266,000 | 276,186,000 | 269,521,000 | 260,818,000 | 253,345,000 | 245,751,000 | 222,730,000 | 215,179,000 | 205,504,000 | 197,964,000 | 189,172,000 | 181,639,000 | 171,860,000 | 164,656,000 | 158,752,000 | 154,362,000 | 149,921,000 | 146,034,000 | 143,050,000 | 139,798,000 | |
accumulated other comprehensive income | 74,000 | 126,000 | 126,000 | 172,000 | 53,000 | 105,000 | 23,000 | 21,000 | 29,000 | 21,000 | 7,000 | -6,000 | -41,000 | -9,000 | 20,000 | 10,000 | 5,000 | 15,000 | 8,000 | |||||||||||||
accumulated deficit | -63,195,000 | -81,868,000 | -139,623,000 | -158,488,000 | -173,189,000 | -181,179,000 | -193,485,000 | -205,039,000 | -211,441,000 | -213,348,000 | -207,000,000 | -177,783,000 | -164,590,000 | -162,061,000 | -153,567,000 | -147,116,000 | -143,360,000 | -137,645,000 | -129,165,000 | -123,893,000 | -122,012,000 | -118,211,000 | -114,443,000 | -111,259,000 | -108,451,000 | -107,009,000 | -106,075,000 | -106,248,000 | -104,274,000 | -99,892,000 | -92,967,000 | -89,159,000 |
total stockholders' equity | 240,867,000 | 238,040,000 | 174,931,000 | 170,267,000 | 149,500,000 | 135,368,000 | 117,702,000 | 100,839,000 | 88,323,000 | 80,907,000 | 81,871,000 | 105,538,000 | 111,636,000 | 107,486,000 | 107,242,000 | |||||||||||||||||
total liabilities and stockholders' equity | 323,972,000 | 326,913,000 | 256,050,000 | 241,419,000 | 232,145,000 | 210,530,000 | 180,539,000 | 157,952,000 | 135,401,000 | 110,925,000 | 113,986,000 | 145,055,000 | 160,437,000 | 156,519,000 | 163,828,000 | |||||||||||||||||
commissions receivable, current portion | 2,737,000 | 3,007,000 | 3,353,000 | 3,665,000 | 3,995,000 | 4,349,000 | 4,820,000 | 12,647,000 | 11,633,000 | 13,530,000 | ||||||||||||||||||||||
acquired intangible assets | 2,971,000 | 3,252,000 | 3,652,000 | 4,116,000 | 4,652,000 | 5,188,000 | 5,516,000 | 6,920,000 | 7,438,000 | 7,955,000 | 8,526,000 | 9,093,000 | 9,661,000 | 10,229,000 | 10,872,000 | 2,761,000 | 3,063,000 | 3,366,000 | 3,775,000 | |||||||||||||
commissions receivable, non-current portion | 3,348,000 | 4,092,000 | 4,904,000 | 5,670,000 | 6,661,000 | 7,630,000 | 8,724,000 | 34,422,000 | 34,712,000 | 33,410,000 | ||||||||||||||||||||||
other long-term liabilities | 37,000 | 125,000 | 418,000 | 919,000 | 4,621,000 | 5,545,000 | 6,365,000 | 2,844,000 | 3,085,000 | 3,128,000 | 2,361,000 | 1,508,000 | ||||||||||||||||||||
accumulated other comprehensive loss | -6,000 | -7,000 | ||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||
stockholders’ equity: | ||||||||||||||||||||||||||||||||
total stockholders’ equity | 106,252,000 | 102,442,000 | 85,125,000 | 86,048,000 | 81,655,000 | 75,988,000 | 70,982,000 | 67,223,000 | 60,628,000 | 56,232,000 | 51,770,000 | 48,314,000 | 43,699,000 | 41,786,000 | 43,184,000 | 46,856,000 | ||||||||||||||||
total liabilities and stockholders’ equity | 160,989,000 | 170,528,000 | 143,607,000 | 148,547,000 | 138,843,000 | 135,669,000 | 129,050,000 | 116,235,000 | 100,831,000 | 99,202,000 | 91,221,000 | 80,870,000 | 68,442,000 | 70,255,000 | ||||||||||||||||||
deferred rent, net of current portion | 1,011,000 | 1,062,000 | 1,118,000 | 1,175,000 | 1,203,000 | 1,197,000 | 1,179,000 | 1,185,000 | ||||||||||||||||||||||||
liabilities, redeemable convertible preferred stock and stockholders’ equity | ||||||||||||||||||||||||||||||||
current portion of long-term debt, net of discount | ||||||||||||||||||||||||||||||||
long-term debt | 6,983,000 | |||||||||||||||||||||||||||||||
redeemable convertible preferred stock (series a, b and b-1), 0.001 par value... | 88,352,000 | |||||||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||||
total liabilities, redeemable convertible preferred stock and stockholders’ equity | 65,746,000 | 66,885,000 | ||||||||||||||||||||||||||||||
cash | 2,382,000 | |||||||||||||||||||||||||||||||
deferred initial public offering costs | 3,712,000 | |||||||||||||||||||||||||||||||
liabilities, redeemable convertible preferred stock and stockholders’ deficit | ||||||||||||||||||||||||||||||||
stockholders’ deficit: | ||||||||||||||||||||||||||||||||
total stockholders’ deficit | -89,150,000 | |||||||||||||||||||||||||||||||
total liabilities, redeemable convertible preferred stock and stockholders’ deficit | 29,541,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 | 2020-12-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | |||||||||||||||||||||||||||||||
net income | 18,673,000 | 57,755,000 | 18,865,000 | 14,701,000 | 7,990,000 | 12,306,000 | 11,554,000 | 6,402,000 | 1,907,000 | ||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||
depreciation and amortization expense | 785,000 | 861,000 | 811,000 | 918,000 | 1,221,000 | 1,555,000 | 1,618,000 | 1,236,000 | 1,263,000 | 1,075,000 | 2,251,000 | 1,463,000 | 1,407,000 | 1,522,000 | 1,410,000 | 1,405,000 | 1,511,000 | 1,464,000 | 1,298,000 | 1,136,000 | 1,174,000 | 1,176,000 | 731,000 | 594,000 | 849,000 | 593,000 | 588,000 | 524,000 | 481,000 | ||
stock-based compensation expense | 5,141,000 | 5,591,000 | 6,728,000 | 6,560,000 | 5,420,000 | 5,310,000 | 5,446,000 | 5,340,000 | 4,518,000 | 4,813,000 | 5,644,000 | 7,130,000 | 6,509,000 | 6,623,000 | 7,233,000 | 7,600,000 | 7,530,000 | 7,063,000 | 8,348,000 | 7,089,000 | 7,520,000 | 6,189,000 | 7,200,000 | 6,250,000 | 4,540,000 | 3,464,000 | 3,269,000 | 3,238,000 | 2,750,000 | 3,245,000 | 2,586,000 |
deferred taxes | 4,084,000 | 0 | |||||||||||||||||||||||||||||
unrealized foreign currency transaction losses | -34,000 | 14,000 | -14,000 | 75,000 | 35,000 | -82,000 | 59,000 | 1,000 | -4,000 | 7,000 | 9,000 | 25,000 | -18,000 | -23,000 | 7,000 | 9,000 | -8,000 | 8,000 | 15,000 | ||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||
accounts receivable | 3,366,000 | -6,970,000 | -13,229,000 | 6,843,000 | -457,000 | -13,099,000 | -219,000 | -9,737,000 | -17,123,000 | 952,000 | -63,000 | 17,157,000 | -9,827,000 | 10,239,000 | -3,878,000 | 9,974,000 | -10,973,000 | 8,849,000 | 1,365,000 | 3,239,000 | -2,942,000 | -4,642,000 | -5,036,000 | -830,000 | -3,462,000 | -2,305,000 | -5,818,000 | 1,287,000 | -8,396,000 | 4,329,000 | -4,070,000 |
prepaid expenses and other current assets | 2,966,000 | 248,000 | -3,693,000 | -1,491,000 | 496,000 | 128,000 | -1,002,000 | 342,000 | 972,000 | -1,675,000 | 770,000 | 158,000 | 1,709,000 | -815,000 | -1,046,000 | -114,000 | -136,000 | -2,701,000 | -849,000 | -264,000 | 172,000 | -1,425,000 | -1,588,000 | 3,730,000 | -94,000 | -3,855,000 | -1,781,000 | -131,000 | 158,000 | 189,000 | 327,000 |
commissions receivable, current and non-current | 0 | 0 | 859,000 | 1,014,000 | 1,158,000 | 1,078,000 | 1,321,000 | 1,323,000 | 1,565,000 | 2,740,000 | -724,000 | 595,000 | |||||||||||||||||||
operating lease right-of-use assets | 298,000 | 291,000 | 285,000 | 281,000 | 267,000 | 371,000 | 590,000 | 755,000 | 497,000 | 491,000 | 632,000 | 686,000 | 688,000 | 662,000 | 664,000 | 642,000 | 645,000 | 674,000 | 636,000 | 609,000 | 791,000 | ||||||||||
accounts payable | -8,598,000 | 8,950,000 | 8,955,000 | 1,747,000 | -2,765,000 | 12,961,000 | 5,220,000 | 8,615,000 | 15,868,000 | -3,382,000 | -2,217,000 | -7,816,000 | 4,000 | -6,496,000 | 4,207,000 | -9,883,000 | 13,296,000 | 4,654,000 | -1,499,000 | -6,421,000 | -702,000 | -729,000 | 6,737,000 | -690,000 | 3,983,000 | 305,000 | 5,003,000 | -3,102,000 | 4,631,000 | 2,538,000 | -799,000 |
accrued expenses and other current liabilities | 3,111,000 | -1,416,000 | 1,599,000 | -12,306,000 | 10,018,000 | -73,000 | 75,000 | -832,000 | 1,870,000 | 1,979,000 | -3,791,000 | -583,000 | 852,000 | 891,000 | -1,207,000 | 798,000 | -2,857,000 | -7,123,000 | 2,277,000 | 4,728,000 | 2,810,000 | -1,643,000 | 925,000 | -2,761,000 | -489,000 | 6,712,000 | 3,061,000 | -687,000 | 1,040,000 | -43,000 | 504,000 |
deferred revenue | 111,000 | 273,000 | -257,000 | -454,000 | 335,000 | -14,000 | -120,000 | 29,000 | -2,000 | -29,000 | 92,000 | -138,000 | 80,000 | -23,000 | -84,000 | -10,000 | -112,000 | 204,000 | 56,000 | 24,000 | -57,000 | 177,000 | 59,000 | 56,000 | 76,000 | -66,000 | -194,000 | 91,000 | 230,000 | 371,000 | -83,000 |
operating lease liabilities | -305,000 | -296,000 | -292,000 | -277,000 | -268,000 | -384,000 | -693,000 | -793,000 | -667,000 | -658,000 | -705,000 | -741,000 | -902,000 | -749,000 | -779,000 | -692,000 | -663,000 | -772,000 | -731,000 | -699,000 | -638,000 | ||||||||||
net cash from operating activities | 29,598,000 | 27,010,000 | 19,768,000 | 25,297,000 | 23,306,000 | 20,134,000 | 23,614,000 | 12,378,000 | 10,440,000 | -792,000 | -4,147,000 | 3,348,000 | -1,237,000 | -4,898,000 | -3,520,000 | -3,528,000 | -3,845,000 | -6,859,000 | 2,813,000 | 7,715,000 | 3,520,000 | -3,235,000 | 5,995,000 | 3,981,000 | 3,927,000 | 3,956,000 | 4,299,000 | -360,000 | -3,482,000 | 4,109,000 | -5,007,000 |
capital expenditures | -1,447,000 | -1,161,000 | -1,302,000 | -1,505,000 | -925,000 | -1,003,000 | -1,724,000 | -532,000 | -745,000 | -852,000 | -955,000 | -1,015,000 | -940,000 | -1,038,000 | -1,235,000 | -1,585,000 | -372,000 | -534,000 | -1,032,000 | -533,000 | -777,000 | -1,114,000 | -837,000 | -986,000 | -885,000 | -777,000 | -646,000 | -885,000 | -667,000 | -1,192,000 | -834,000 |
free cash flows | 28,151,000 | 25,849,000 | 18,466,000 | 23,792,000 | 22,381,000 | 19,131,000 | 21,890,000 | 11,846,000 | 9,695,000 | -1,644,000 | -5,102,000 | 2,333,000 | -2,177,000 | -5,936,000 | -4,755,000 | -5,113,000 | -4,217,000 | -7,393,000 | 1,781,000 | 7,182,000 | 2,743,000 | -4,349,000 | 5,158,000 | 2,995,000 | 3,042,000 | 3,179,000 | 3,653,000 | -1,245,000 | -4,149,000 | 2,917,000 | -5,841,000 |
cash flows from investing activities: | |||||||||||||||||||||||||||||||
acquisition of property and equipment, including costs capitalized for development of internal-use software | -1,535,000 | -1,161,000 | -1,302,000 | -1,461,000 | -1,133,000 | -1,003,000 | -1,489,000 | -852,000 | -770,000 | -852,000 | -966,000 | -1,015,000 | -1,007,000 | -1,071,000 | -1,230,000 | -1,308,000 | -681,000 | -587,000 | -965,000 | -533,000 | -777,000 | -1,114,000 | -837,000 | -986,000 | -885,000 | -777,000 | -646,000 | -885,000 | -667,000 | -1,192,000 | -1,081,000 |
net cash from investing activities | -1,535,000 | -1,161,000 | -1,302,000 | -1,461,000 | -1,133,000 | -1,003,000 | -1,489,000 | -852,000 | -770,000 | -852,000 | 12,228,000 | -1,015,000 | -1,007,000 | -1,071,000 | -1,230,000 | -1,308,000 | -681,000 | -587,000 | -16,920,000 | -533,000 | -777,000 | -1,114,000 | -15,767,000 | -986,000 | -885,000 | -777,000 | -646,000 | -885,000 | -667,000 | -1,192,000 | -1,081,000 |
cash flows from financing activities: | |||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 63,000 | 537,000 | 1,059,000 | 373,000 | 1,962,000 | 651,000 | 288,000 | 1,186,000 | 1,428,000 | 639,000 | 0 | 53,000 | 287,000 | 212,000 | 122,000 | 50,000 | 558,000 | 524,000 | 1,367,000 | 452,000 | 1,272,000 | 1,345,000 | 1,244,000 | 954,000 | 1,364,000 | 926,000 | 1,173,000 | 649,000 | 234,000 | 8,000 | 276,000 |
repurchase of common stock | -19,851,000 | 0 | |||||||||||||||||||||||||||||
tax withholding payments related to net share settlement | -1,147,000 | -774,000 | -918,000 | -986,000 | -1,293,000 | -496,000 | -507,000 | -414,000 | -429,000 | -103,000 | -67,000 | -102,000 | -130,000 | -21,000 | -28,000 | ||||||||||||||||
net cash from financing activities | -20,935,000 | -237,000 | -20,883,000 | -613,000 | 669,000 | 155,000 | -219,000 | 772,000 | 999,000 | 536,000 | -67,000 | -49,000 | 157,000 | 191,000 | 94,000 | -1,000 | 15,558,000 | 524,000 | 1,367,000 | 452,000 | 1,272,000 | 1,345,000 | 1,244,000 | 954,000 | 1,364,000 | 926,000 | 1,173,000 | 649,000 | 234,000 | 8,000 | 42,415,000 |
effect of exchange rate changes on cash, cash equivalents and restricted cash | -15,000 | 1,000 | -5,000 | -3,000 | 10,000 | -11,000 | 16,000 | 1,000 | -5,000 | 15,000 | -13,000 | 11,000 | 5,000 | 22,000 | -22,000 | -22,000 | -5,000 | 0 | -7,000 | 0 | 1,000 | ||||||||||
net increase in cash, cash equivalents and restricted cash | 7,113,000 | 25,613,000 | -2,422,000 | 23,220,000 | 22,852,000 | 19,275,000 | 21,922,000 | 12,299,000 | 10,664,000 | -1,093,000 | 8,001,000 | 2,295,000 | -2,082,000 | -4,678,000 | -4,859,000 | 11,027,000 | 7,634,000 | 4,016,000 | -3,011,000 | -8,528,000 | 3,949,000 | 4,406,000 | 4,105,000 | 4,826,000 | -596,000 | -3,915,000 | |||||
cash, cash equivalents and restricted cash at beginning of period | 171,379,000 | 0 | 0 | 0 | 102,116,000 | 0 | 0 | 0 | 37,956,000 | 0 | 0 | 0 | 30,835,000 | 0 | 0 | 0 | 35,101,000 | 0 | 0 | 0 | 43,120,000 | 0 | 0 | 0 | 46,304,000 | 0 | 0 | 0 | 41,884,000 | ||
cash, cash equivalents and restricted cash at end of period | 178,492,000 | 25,613,000 | -2,422,000 | 23,220,000 | 124,968,000 | 19,275,000 | 21,922,000 | 12,299,000 | 48,620,000 | -1,093,000 | 8,001,000 | 2,295,000 | 28,753,000 | -5,756,000 | -4,678,000 | -4,859,000 | 46,128,000 | -6,922,000 | -12,747,000 | 7,634,000 | 47,136,000 | -3,011,000 | -8,528,000 | 3,949,000 | 50,710,000 | 4,105,000 | 4,826,000 | -596,000 | 37,969,000 | ||
supplemental disclosure of non-cash information: | |||||||||||||||||||||||||||||||
acquisition of property and equipment included in accounts payable | 88,000 | 67,000 | 33,000 | -5,000 | -277,000 | 309,000 | 53,000 | -67,000 | |||||||||||||||||||||||
adjustments to reconcile net income to net cash from (used in) operating activities: | |||||||||||||||||||||||||||||||
loss on sale of health assets | 0 | ||||||||||||||||||||||||||||||
impairment of right-of-use asset | 0 | ||||||||||||||||||||||||||||||
change in fair value of contingent consideration liabilities | 0 | 0 | -37,000 | -113,000 | -95,000 | -3,780,000 | -892,000 | ||||||||||||||||||||||||
provision for bad debt | 0 | -3,000 | 8,000 | -10,000 | 18,000 | -38,000 | -21,000 | 245,000 | 90,000 | -2,000 | -4,000 | 21,000 | -1,000 | 57,000 | |||||||||||||||||
litigation accrual settled with sale of assets | 0 | 0 | |||||||||||||||||||||||||||||
other assets | 0 | 0 | 385,000 | 0 | 0 | 36,000 | 14,744,000 | -3,511,000 | -5,691,000 | -5,561,000 | -9,805,000 | -749,000 | 393,000 | -733,000 | -332,000 | -165,000 | -53,000 | -4,000 | 1,000 | ||||||||||||
proceeds from sale of health assets | 0 | ||||||||||||||||||||||||||||||
supplemental disclosure of noncash investing and financing information: | |||||||||||||||||||||||||||||||
assets sold in settlement of litigation accrual | 0 | 0 | |||||||||||||||||||||||||||||
operating lease liabilities arising from obtaining right-of-use assets | 0 | 1,332,000 | 0 | 0 | 529,000 | 567,000 | 0 | 143,000 | 0 | 240,000 | |||||||||||||||||||||
acquisition of property and equipment included in accounts payable and accrued expenses and other current liabilities | 0 | -44,000 | 208,000 | -235,000 | 320,000 | 25,000 | 11,000 | ||||||||||||||||||||||||
supplemental disclosure of non-cash investing information: | |||||||||||||||||||||||||||||||
proceeds from private placement of common stock | 0 | 0 | 0 | 15,000,000 | |||||||||||||||||||||||||||
supplemental disclosure of cash flow information: | |||||||||||||||||||||||||||||||
cash paid for income taxes | |||||||||||||||||||||||||||||||
issuance of class a common stock to settle contingent consideration liabilities | |||||||||||||||||||||||||||||||
issuance of class a common stock in settlement of stock-based compensation liability | |||||||||||||||||||||||||||||||
net loss | -6,348,000 | -29,217,000 | -13,193,000 | -2,529,000 | -8,494,000 | -6,451,000 | -3,756,000 | -5,715,000 | -8,480,000 | -5,272,000 | -1,881,000 | -3,801,000 | -3,768,000 | -3,184,000 | -2,808,000 | -1,442,000 | -934,000 | 173,000 | -1,974,000 | -4,382,000 | -6,925,000 | -3,808,000 | |||||||||
adjustments to reconcile net loss to net cash from (used in) operating activities: | |||||||||||||||||||||||||||||||
provision for (recovery of) bad debt | 581,000 | 35,000 | 2,000 | 75,000 | 9,000 | 0 | -4,000 | -46,000 | |||||||||||||||||||||||
changes in operating assets and liabilities, net of effects from acquisition: | |||||||||||||||||||||||||||||||
other long-term liabilities | -964,000 | 26,000 | -32,000 | 36,000 | 51,000 | 318,000 | |||||||||||||||||||||||||
acquisition of business | 0 | 0 | |||||||||||||||||||||||||||||
fair value of contingent consideration in connection with acquisition included in liabilities | |||||||||||||||||||||||||||||||
reconciliation of cash, cash equivalents and restricted cash: | |||||||||||||||||||||||||||||||
cash and cash equivalents | -5,756,000 | -4,678,000 | -4,859,000 | 46,128,000 | -6,922,000 | -12,747,000 | 7,634,000 | 46,886,000 | -3,011,000 | -8,528,000 | 3,949,000 | 50,460,000 | |||||||||||||||||||
restricted cash | 0 | 0 | 0 | 250,000 | 0 | 0 | 0 | 250,000 | |||||||||||||||||||||||
total cash, cash equivalents and restricted cash shown in the statement of cash flows | -5,756,000 | -4,678,000 | -4,859,000 | 46,128,000 | -6,922,000 | -12,747,000 | 7,634,000 | 47,136,000 | -3,011,000 | -8,528,000 | 3,949,000 | 50,710,000 | |||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||||||||||||||||||
unrealized foreign currency transaction gains | |||||||||||||||||||||||||||||||
supplemental disclosure of non-cash investing and financing information: | |||||||||||||||||||||||||||||||
change in fair value of contingent consideration | 60,000 | 425,000 | -210,000 | -79,000 | |||||||||||||||||||||||||||
changes in operating assets and liabilities, net of effects from acquisitions: | |||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | |||||||||||||||||||||||||||||||
fair value of contingent consideration in connection with acquisition included in stockholders' equity | |||||||||||||||||||||||||||||||
issuance of class a common stock to settle stock-based compensation liability | |||||||||||||||||||||||||||||||
fair value of contingent consideration in connection with acquisition included in accrued expenses and other long-term liabilities | |||||||||||||||||||||||||||||||
loss on disposal of property and equipment | |||||||||||||||||||||||||||||||
fair value of contingent consideration in connection with acquisition included in stockholders’ equity | |||||||||||||||||||||||||||||||
fair value of contingent consideration in connection with acquisition included in other long-term liabilities | 0 | ||||||||||||||||||||||||||||||
fair value of contingent consideration in connection with acquisition included in equity | |||||||||||||||||||||||||||||||
deferred rent | -51,000 | -56,000 | -57,000 | -28,000 | 6,000 | 18,000 | -6,000 | ||||||||||||||||||||||||
noncash interest expense | 0 | 0 | |||||||||||||||||||||||||||||
proceeds from initial public offering, net of underwriting discounts and commissions | 0 | ||||||||||||||||||||||||||||||
proceeds from borrowings on line of credit | 0 | 0 | |||||||||||||||||||||||||||||
repayments of borrowings on line of credit | 0 | -6,983,000 | |||||||||||||||||||||||||||||
repayments of term loan | 0 | 0 | |||||||||||||||||||||||||||||
payments of initial public offering costs | 0 | -3,191,000 | |||||||||||||||||||||||||||||
supplemental disclosure of cash flow information | |||||||||||||||||||||||||||||||
cash paid for interest | |||||||||||||||||||||||||||||||
conversion of convertible preferred stock to common stock | 0 | ||||||||||||||||||||||||||||||
accretion of redeemable convertible preferred stock to redemption value | 0 | 0 | |||||||||||||||||||||||||||||
purchases of property and equipment included in accounts payable | 247,000 | ||||||||||||||||||||||||||||||
deferred initial public offering costs included in accounts payable or accrued expenses | |||||||||||||||||||||||||||||||
conversion of series b redeemable convertible preferred stock to series b-1 redeemable convertible preferred stock | |||||||||||||||||||||||||||||||
retirement of treasury stock | |||||||||||||||||||||||||||||||
depreciation and amortization | 342,000 | ||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | |||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | |||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | |||||||||||||||||||||||||||||||
net increase in cash | |||||||||||||||||||||||||||||||
cash at beginning of period | |||||||||||||||||||||||||||||||
cash at end of period | |||||||||||||||||||||||||||||||
conversion of series a redeemable convertible preferred stock to common stock |
