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 
      
    		                 
      cash flows from operating activities:
    		                 
      net income
    		8,746,000 7,099,000 -102,000 1,885,000 -1,700,000 1,100,000 1,435,000 10,000,000 6,146,000 4,582,000 1,909,000 3,391,000 4,044,000 4,852,000 8,899,000 12,596,000 6,954,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                 
      depreciation and amortization expense
    		2,326,000 2,153,000 1,999,000 1,846,000 2,885,000 1,113,000 850,000 814,000 756,000 713,000 659,000 637,000 479,000 433,000 375,000 403,000 355,000 
      deferred income taxes
    		-1,557,000 -893,000 995,000 6,227,000 -1,570,000 1,740,000 251,000 -5,479,000 -857,000 -544,000 -440,000 244,000 -661,000 91,000 -406,000   
      non-cash operating lease cost
    		2,577,000 2,502,000 2,303,000 2,272,000 2,234,000 2,216,000 1,761,000 725,000 774,000 698,000 666,000 662,000 658,000 687,000 374,000   
      stock-based compensation
    		6,827,000 7,617,000 7,239,000 10,055,000 10,510,000 10,497,000 11,611,000 11,494,000 11,996,000 11,519,000 10,790,000 11,170,000 9,034,000 8,777,000 8,477,000 12,859,000 7,253,000 
      accretion of discount and accrued interest on available-for-sale securities
    		-892,000 -976,000 -1,113,000               
      changes in operating assets and liabilities:
    		                 
      accounts receivable
    		-3,131,000 -2,464,000 2,078,000 1,811,000 2,220,000 -7,306,000 2,056,000 -1,153,000 -47,000 -2,488,000 3,085,000 1,502,000 -3,290,000 -2,168,000 -469,000 2,324,000 -831,000 
      inventory
    		-15,705,000 -3,951,000 -15,818,000 7,637,000 -4,102,000 11,172,000 -11,426,000 24,143,000 24,623,000 12,567,000 -2,397,000 -9,888,000 -40,442,000 -24,881,000 -16,697,000 -16,712,000 -6,982,000 
      prepaid expenses and other current assets
    		-2,922,000 250,000 2,899,000 5,421,000 -1,992,000 -6,171,000 198,000 991,000 -3,597,000 -269,000 2,303,000 1,987,000 -1,541,000 -1,072,000 -3,857,000 2,645,000 -1,706,000 
      other assets
    		197,000 77,000 166,000 87,000 54,000 -167,000 -711,000 -97,000 19,000 -63,000 62,000 481,000 9,000 -502,000 -185,000 36,000 97,000 
      accounts payable
    		-13,554,000 8,233,000 1,303,000 -16,160,000 6,149,000 -1,728,000 6,407,000 -2,100,000 5,008,000 3,339,000 -12,439,000 -106,000 10,502,000 -6,453,000 2,372,000 659,000 -2,379,000 
      accrued expenses
    		11,953,000 -31,988,000 12,406,000 12,719,000 9,921,000 5,096,000 6,214,000 -9,161,000 -1,315,000 -3,287,000 -4,894,000 -6,097,000 4,614,000 3,530,000 -560,000 2,913,000 6,517,000 
      accrued compensation and benefits
    		5,025,000 2,308,000 -618,000 282,000 1,303,000 -225,000 -2,983,000 631,000 2,315,000 720,000 231,000 -1,801,000 1,746,000 -623,000 -2,371,000 348,000 1,972,000 
      sales tax payable
    		228,000 -254,000 51,000 -545,000 1,033,000 -175,000 243,000 -899,000 1,095,000 -753,000 332,000 -329,000 -83,000 -549,000 607,000 -1,707,000 1,523,000 
      gift card liability
    		-5,000 718,000 -299,000 1,660,000 -90,000 387,000 -593,000 -449,000 299,000 859,000 -351,000 1,889,000 84,000 634,000 -315,000 2,003,000 218,000 
      deferred revenue
    		5,312,000 1,037,000 -2,653,000 729,000 1,058,000 941,000 -276,000 -1,177,000 2,560,000 71,000 -2,080,000 1,550,000 192,000 439,000 9,000 -3,884,000 3,801,000 
      returns reserve
    		215,000 -699,000 -172,000 -759,000 1,118,000 807,000 -282,000 349,000 -674,000 -188,000 44,000 34,000 1,050,000 -154,000 -233,000 -439,000 1,072,000 
      income tax payable
    		-654,000 36,000 272,000 1,000 -1,295,000 -2,173,000 1,256,000 -7,113,000 6,380,000 2,908,000 382,000 0 0 -325,000 -3,648,000 1,467,000 2,156,000 
      operating lease liabilities
    		-1,549,000 -3,235,000 -1,701,000 -2,873,000 -3,382,000 993,000 -3,016,000 -477,000 -717,000 -723,000 -743,000 -735,000 -372,000 -575,000 -389,000   
      net cash from operating activities
    		3,437,000 -12,430,000 9,235,000 30,416,000 22,588,000 16,539,000 11,619,000 20,268,000 54,127,000 29,401,000 -2,881,000 4,552,000 -13,346,000 -18,518,000 -8,017,000 13,933,000 19,763,000 
      capex
    		-2,906,000 -1,089,000 -1,310,000 -3,363,000 -4,169,000 -8,993,000 -496,000 -6,615,000 -8,120,000 -841,000 -772,000 -1,092,000 -2,529,000 -1,363,000 -364,000 -704,000 -985,000 
      free cash flows
    		531,000 -13,519,000 7,925,000 27,053,000 18,419,000 7,546,000 11,123,000 13,653,000 46,007,000 28,560,000 -3,653,000 3,460,000 -15,875,000 -19,881,000 -8,381,000 13,229,000 18,778,000 
      cash flows from investing activities:
    		                 
      purchases of property and equipment
    		-2,906,000 -1,089,000 -1,310,000 -3,363,000 -4,169,000 -8,993,000 -496,000 -6,615,000 -8,120,000 -841,000 -772,000 -1,092,000 -2,529,000 -1,363,000 -364,000 -704,000 -985,000 
      purchases of available-for-sale securities
    		-49,259,000 -81,974,000 -54,624,000 -55,570,000 -53,529,000 -96,572,000 -41,278,000 -84,334,000 -27,462,000         
      maturities of available-for-sale securities
    		43,200,000 56,149,000 53,951,000 55,350,000 34,675,000 65,255,000 41,300,000 31,750,000          
      other investing activities
    		0 0 -201,000               
      net cash from investing activities
    		-8,965,000 -26,914,000 -2,184,000 -31,117,000 -23,023,000 -40,310,000 -474,000 -59,199,000 -18,032,000 -39,184,000 -772,000 -1,092,000 -2,529,000 -1,863,000 -364,000 -704,000 -985,000 
      cash flows from financing activities:
    		                 
      repurchases of class a common stock
    		0 0 -2,688,000 -38,177,000              
      proceeds from stock option exercises and employee stock purchases
    		1,133,000   170,000 4,000 254,000 10,000 153,000 126,000 636,000 1,000 733,000 1,237,000     
      net cash from financing activities
    		1,133,000 185,000 -2,688,000 -37,757,000 -7,273,000 254,000 10,000 153,000 126,000 636,000 -245,000 733,000 1,237,000 1,200,000 352,000 247,000 1,208,000 
      net change in cash and cash equivalents
    		-4,395,000    -7,708,000 -23,517,000 11,155,000           
      cash and cash equivalents beginning of period
    		0 0 85,645,000               
      cash and cash equivalents end of period
    		-4,395,000 -39,159,000 90,008,000               
      supplemental disclosures:
    		                 
      property and equipment included in accounts payable and accrued expenses
    		 54,000 70,000 -1,638,000 -1,155,000 -668,000 3,997,000 -1,851,000 2,151,000 30,000 123,000 -254,000 -36,000 160,000 149,000 -51,000 -164,000 
      net increase in cash and cash equivalents
    		  4,363,000               
      accretion of discount on available-for-sale securities
    		   -1,406,000 -1,612,000 -1,347,000 -1,376,000 -781,000          
      accrued interest
    		   -373,000 -154,000             
      other non-current liabilities
    		           -39,000 0     
      purchases of held-to-maturity securities
    		           0 0     
      purchase of investment in equity securities
    		                 
      proceeds from capital contributions
    		                 
      tax payments related to net share settlements on restricted stock units
    		       0 0 0 -246,000     0 0 
      issuance of class a common stock in exchange for services
    		                 
      net decrease in cash, cash equivalents, and restricted cash
    		                 
      cash, cash equivalents, and restricted cash, beginning of period
    		       0 0 0 159,775,000 0 0 0 197,430,000 0  
      cash paid for income taxes, net of refunds received
    		                 
      cash and cash equivalents, beginning of period
    		    0 0 144,173,000           
      cash and cash equivalents, end of period
    		    -7,708,000 -23,517,000 155,328,000  36,221,000         
      lease assets obtained in exchange for new operating lease liabilities
    		    0 0 15,921,000  0         
      deferred rent and lease incentive
    		               -40,000 -28,000 
      proceeds from issuance of class a common stock in initial public offering, net of underwriting discounts
    		               0 0 
      payments of initial public offering issuance costs, net of reimbursements
    		               0 0 
      payment of debt issuance and financing costs
    		                 
      net increase in cash, cash equivalents, and restricted cash
    		       -38,778,000    4,193,000 -14,638,000 -19,181,000 -8,029,000 13,476,000  
      cash, cash equivalents, and restricted cash, end of period
    		           4,193,000 -14,638,000 -19,181,000 189,401,000 13,476,000  
      deferred offering costs recorded in stockholders’ equity upon initial public offering, net of related tax impacts
    		                 
      furniture and fixtures
    		                 
      office equipment
    		                 
      machinery and equipment
    		                 
      computer equipment
    		                 
      software and website development
    		                 
      leasehold improvements
    		                 
      capital contributions
    		            0     
      other
    		                 
      due from related party
    		                4,374,000 
      net change in cash, cash equivalents, and restricted cash
    		          -3,898,000       
      cash, cash equivalents, end of period
    		          155,877,000       
      loss on disposal of property and equipment
    		                 
      cash and cash equivalents
    		               14,726,000  
      restricted cash
    		               -1,250,000  
      total cash, cash equivalents, and restricted cash
    		               13,476,000  
      payments of debt issuance costs
    		                 
      deferred offering costs included in accounts payable and accrued expenses
    		                 
      proceeds from stock option exercises
    		              352,000 259,000 76,000 
      benefit for deferred income taxes
    		               -2,282,000 -4,603,000 
      cash paid for interest
    		                 
      deferred offering costs recorded in stockholders' equity upon initial public offering, net of related tax impacts
    		                 
      deferred offering costs recorded in stockholders' equity upon initial public offering
    		                0 
      by geography:
    		                 
      united states
    		                 
      rest of the world
    		                 
      by product:
    		                 
      scrubs
    		                 
      non-scrubs
    		                 
    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.