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 2020-12-31 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 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 
      
    		                                            
      cash flows from operating activities:
    		                                            
      net income
    		101,663,000 16,356,000 -12,697,000 18,122,000 11,895,000 -1,694,000 18,602,000 15,290,000 -7,166,000 -16,952,000 -24,786,000 -2,917,000 -18,449,000 -20,586,000 -17,542,000     -3,297,894 3,547,032                   2,780,262 -1,675,350 -2,228,650 -2,587,074 -16,446,750 
      adjustments to reconcile net income to net cash flows from operating activities:
    		                                            
      benefit from loss on accounts receivable
    		678,000 0 11,452,000  2,000                             -29,596 77,164          
      loss on disposal of property, plant and equipment
    		126,000 485,000 744,000 230,000 768,000 136,000 150,000                                      
      share-based compensation
    		5,219,000 6,221,000 8,816,000 13,945,000 12,107,000 19,534,000 6,221,000 -17,000 8,090,000 8,447,000 8,415,000 5,683,000 7,820,000 6,294,000 6,295,000 6,482,000 5,746,000 6,690,000 6,080,000 3,113,919 3,346,965 2,285,902 2,178,214 2,127,127 3,076,400 1,429,844 1,200,336 2,637,211 1,776,375 1,301,774 1,092,260 1,145,819 1,132,852 1,229,353 930,157         835,198 
      inventory obsolescence
    		   -385,000 33,000 0 699,000    -29,000 0 0 3,604,000 -149,000 100,000 -4,000 124,000 129,000 85,170 -4,293 33,186 117,937 8,273 -546 94,932 10,238                  
      depreciation and amortization
    		24,362,000 20,609,000 21,827,000 21,366,000 18,925,000 17,422,000 15,902,000 13,081,000 16,506,000 14,438,000 14,492,000 10,133,000 8,534,000 7,881,000 8,007,000 7,979,000 7,746,000 7,654,000 7,089,000 6,179,242 5,051,846 5,440,881 4,453,031 4,214,273 4,063,970 3,923,361 3,720,091 3,649,763 3,622,894 3,461,032 3,334,348 3,281,182 3,215,554 3,146,492 3,049,127 2,929,055 2,720,436 2,166,405 2,071,272 2,030,504 1,918,749 1,869,377 1,754,905 1,679,956 
      amortization of deferred financing costs
    		544,000 539,000 535,000                                          
      change in operating lease right of use asset
    		802,000 418,000 309,000 305,000 279,000 387,000 379,000 374,000 368,000 450,000 357,000 351,000 346,000 365,000 310,000 337,000 331,000                            
      gain on equity investment
    		   0 0 0 -9,918,000                                      
      deferred income taxes
    		                                            
      changes in operating assets and liabilities:
    		                                            
      accounts receivable
    		-4,202,000 2,401,000 -5,609,000 -3,934,000 3,113,000 350,000 -11,757,000 -2,328,000 -2,527,000 -3,507,000 9,182,000 -10,590,000 13,865,000 -9,615,000 -26,653,000 -2,577,000 1,735,000 -5,151,000 -10,378,000 3,225,785 1,017,353         1,001,661 617,072    90,753     -16,133 -705,039 211,144 -1,172,276 -917,758 
      inventories
    		19,225,000 -6,448,000 -2,952,000 -6,632,000 -167,000 -868,000 -7,817,000 -434,000 6,206,000 1,021,000 -8,000,000 6,044,000 -3,655,000 -18,972,000 -9,588,000 -6,369,000 -4,704,000 -2,896,000 -2,835,000 -1,692,600 1,186,448       -637,504   190,775     1,149,596    86,475 971,325 -373,135 -118,939 -430,863 
      prepaid expenses and other current assets
    		-79,000 -4,601,000 688,000 1,072,000 3,165,000 -4,516,000 548,000 -1,553,000 -266,000 -2,955,000 2,525,000 -1,509,000 -1,342,000 1,699,000 717,000 -1,751,000 303,000 -1,303,000 -140,000 -150,093 -594,341 10,171,569 9,865        284,943    275,711     65,925 394,098 29,603 572,122 -1,060,883 
      other assets
    		3,140,000 -1,958,000 -1,102,000 -3,523,000 -300,000 -549,000 -691,000 -558,000 267,000 -98,000 -3,664,000 -1,502,000 -1,281,000 632,000 -990,000 -2,379,000 -3,364,000 -2,293,000 137,000 -497,386 -9,860 -223,540 11,786        281,914         -34,104 -119,851 85,078 -130,025  
      accounts payable
    		-9,388,000 -2,283,000 4,574,000 3,645,000 9,820,000 -10,890,000 9,909,000 1,243,000 9,788,000 3,236,000 -10,724,000 -4,493,000 1,851,000 -5,870,000 5,449,000 9,901,000 -10,437,000 9,246,000 6,248,000 -2,900,955 409,128 -4,085,861 655,688 -964,822   2,555,681 -995,756 -474,194   374,151 937,982 -2,431,847 3,801,808 282,466 -963,528 -239,766 1,774,682 -1,505,561 958,906 -738,088 1,477,326 -4,677,297 
      accrued expenses
    		3,084,000 2,503,000 -21,461,000 5,456,000 -3,714,000 23,012,000 -16,943,000 8,128,000 6,580,000 9,398,000 -4,869,000 8,452,000 139,000 6,298,000 -1,811,000 508,000 -2,150,000 3,170,000 -1,801,000 3,537,608 2,847,727   2,685,873        859,114 1,586,259   -189,128 -240,046 1,279,277 1,406,479      
      operating lease liability
    		-493,000 -356,000 -317,000 -280,000 -350,000 -441,000 -396,000 -388,000 -382,000                                    
      net cash flows from operating activities
    		66,762,000 33,886,000 4,807,000 50,369,000 56,100,000 42,413,000 5,406,000 36,972,000        3,982,000    8,130,456    12,829,950    10,043,448 5,391,993   5,140,830   2,077,053 5,480,448 3,875,142 1,429,082 2,015,191 1,769,249 2,910,104 951,436 1,108,028  
      cash flows from investing activities:
    		                                            
      acquisitions of property, plant and equipment, software and deposits on equipment
    		-35,202,000 -33,441,000 -26,491,000 -58,264,000 -34,033,000 -48,322,000 -46,473,000 -77,451,000 -59,135,000 -44,468,000 -58,039,000 -62,634,000 -72,565,000 -38,984,000 -55,888,000 -101,264,000 -103,243,000 -68,258,000 -49,334,000 -34,644,113 -26,673,130                   -9,449,600 -7,530,180 -5,070,805 -4,964,527 -3,715,535 
      net cash flows used in investing activities
    		-35,202,000 -33,441,000 -26,491,000 -58,264,000 -34,033,000 -48,322,000 -46,473,000 -77,451,000 54,306,000 -108,583,000 -107,365,000 -42,794,000 -72,564,000 -58,824,000 -59,182,000 -101,264,000 -103,243,000 -68,258,000 -49,334,000 -24,913,612 -44,296,435                   -8,990,587 -3,755,571 -10,050,515 -12,463,732 -3,624,068 
      cash flows from financing activities:
    		                                            
      tax withholdings related to net shares settlements of restricted stock units
    		-194,000 1,000 -2,861,000 -1,155,000 0 -1,217,000 -223,000 -541,000 -9,000 -248,000 -602,000 -162,000 -66,000 -890,000 -323,000 -989,000 -281,000 -1,388,000 -1,529,000 -931,704 0                        
      principal payments under finance lease obligations
    		-536,000 -524,000 -513,000 -533,000 -492,000 -450,000 -502,000 -561,000                                     
      proceeds from exercise of options to purchase common stock
    		77,000 30,000 157,000 3,622,000 1,320,000 1,381,000 2,815,000 345,000 1,111,000 2,227,000 834,000 142,000 0 97,000 232,000 223,000 308,000 1,026,000 714,000 777,544 2,572,920 1,687,980 402,556 618,527 66,370 1,983,880 1,791,668                  
      net cash flows from financing activities
    		-653,000 -493,000 -3,217,000 1,934,000 828,000 -286,000 2,090,000 -757,000 554,000 1,979,000 325,513,000 -75,234,000 -3,193,000 364,056,000 50,909,000 -766,000 26,000 -806,000 328,539,000 -154,882 2,572,921 -127,250 196,753,211 19,330,475 6,980,358 18,804,842 11,117,894 -1,746,687 72,594 -1,310,799 6,053,862 -2,857,691 -176,803   -1,213,071 2,747,910 8,222,186 10,970 -1 49,294 227,496 14,960 42,667,253 
      net change in cash and cash equivalents
    		30,907,000 -48,000 -24,901,000 -5,961,000 22,895,000 -6,195,000 -38,977,000 -41,236,000 94,059,000 -93,095,000 204,408,000 -107,575,000 -67,035,000 277,615,000 -43,058,000 -98,048,000 -109,487,000 -60,644,000 273,720,000 -16,938,038 -23,543,171 -41,758,274 140,014,483     4,704,325   855,082         -7,221,339 -796,173    
      cash and cash equivalents, beginning of year
    		0 0 268,633,000 0 0 0 296,871,000 0 0 0 132,735,000 0 0 0 72,788,000 0 0 0 67,247,000 324 0 0 9,471,676 0 0 0 7,554,388 0 0 0 2,184,259 0 0 0 3,908,177 0 0 0 8,029,413 0 0    
      cash and cash equivalents, end of period
    		30,907,000 -48,000 243,732,000 -5,961,000 22,895,000 -6,195,000 257,894,000 -41,236,000 94,059,000 -93,095,000 337,143,000 -107,575,000 -67,035,000 277,615,000 29,730,000 -98,048,000 -109,487,000 -60,644,000 340,967,000 -16,937,714 -23,543,171 -41,758,274 149,486,159 2,265,941 2,452,899 991,553 3,761,283 4,704,325 1,715,778 -1,905,056 3,039,341 114,915 1,394,160 -1,348,604 2,023,788 411,864 1,777,224 1,452,960 266,129 -7,221,339 -796,173    
      supplemental cash flow information:
    		                                            
      interest paid, net of amounts capitalized
    		5,883,000 47,000 5,945,000                                          
      operating right-of-use assets obtained in exchange for lease obligations
    		0                                            
      non-cash financing and investing activities:
    		                                            
      property, plant and equipment and software purchases in accounts payable and accrued expenses
    		-2,043,000 1,268,000 7,789,000                                          
      non-cash addition of finance lease to property, plant and equipment
    		0 0 7,236,000     0                                     
      tax withholdings related to net shares settlements of restricted stock units in accrued expenses
    		-299,000 243,000 58,000  84,000 -1,140,000 1,859,000                                      
      benefit from loss (gains) on accounts receivable
    		      4,000  1,000 10,000 -2,000  -9,000 11,000 -25,000 14,000                             
      write-off and amortization of deferred financing costs and loan discount
    		   530,000 524,000 521,000 514,000 512,000 514,000 556,000 2,478,000                                  
      loss on equity method investment
    		       0 0 910,000 980,000 762,000 942,000 717,000 1,310,000 881,000                             
      purchase of short-term investments
    		       0 0 -64,115,000 -49,326,000 0 0       1,196 0                        
      proceeds from maturities of short-term investments
    		       0            9,998,804                0 0 0 3,250,000 499,205     
      investments in equity method investment
    		           0 1,000 0 -3,294,000   349,000 236,000 -269,499                         
      purchase of capped call options
    		                                            
      proceeds from issuance of convertible senior notes
    		       0 0 0 393,518,000                                  
      debt issuance costs
    		       0 0 0 -2,026,000                                  
      proceeds from borrowings under credit facility
    		           0 0 27,000,000 51,000,000                              
      repayment of borrowings under credit facility
    		           -75,214,000                                 
      proceeds from common shares issued in primary offering, net of issuance cost
    		           0 -341,000   0 0 -348,000 332,520,000 -254 1 -1 252,062,254                      
      interest paid
    		    6,601,000 574,000 6,591,000 612,000 7,474,000 1,000 1,216,000 0 1,887,000 844,000 421,000 442,000 449,000 631,000 208,000 135,604 135,979 22,467 766,950 0 355,844 136,127 29,717 20,217 59,438 67,471 37,293 29,542 193,622 141,951 154,165 81,286 232,689 126,302 5,000 156,667 75,833 75,000 24,744 1,776,634 
      property, plant and equipment purchases in accounts payable and accrued expenses
    		    -7,155,000 -2,839,000 17,332,000 -3,744,000 -11,769,000 8,856,000 25,943,000                                  
      amortization of discount on short-term investments
    		                                            
      capitalized interest in accrued expenses
    		                                            
      receivable from exercise of options to purchase common stock
    		          1,120,000                                  
      benefit from (gains) loss on accounts receivable
    		                                            
      fees paid in connection with financing agreements
    		                -1,000 -96,000 -3,166,000                          
      taxes paid
    		                                            
      issuance of partner warrants
    		           0                                 
      loss on disposal of equipment
    		        224,000 196,000 268,000 193,000 114,000 46,000 43,000 254,000 178,000 46,000 60,000 504,481 1,264,664 34,193 1,662 648,922 137,422 -7,344 8,028                  
      repayment of borrowings under credit facilities
    		                   0 0                        
      purchase of capped call option
    		        0 0 -66,211,000                                  
      adjustments to reconcile net income to net cash flows used in operating activities:
    		                                            
      net cash flows used in operating activities
    		         13,509,000 -13,740,000  8,722,000 -27,617,000 -34,785,000    -5,485,000                         -4,542,135 
      other lease liabilities
    		          -363,000 -356,000 -351,000 -387,000 -290,000 -331,000 -328,000 -298,000 -345,000 -356,130 -441,086                        
      amortization of deferred financing costs and loan discount
    		           199,000 198,000 266,000 132,000 199,000 198,000 198,000 617,000 71,445 71,088 66,168 625,299 85,562 53,009 43,519 28,775 28,776 28,776 28,776 28,775 27,886 317,146 40,751 40,751 40,594 37,609 36,168 35,901 35,862 37,987 35,680 35,294  
      property, plant and equipment purchases in accounts payable
    		            -4,313,000 -31,773,000 51,572,000  -15,894,000 -1,043,000 19,536,000 8,610,633 1,243,244 -7,244,567 8,671,690 1,792,600 -1,880,522 7,198,891 463,546 278,176 -123,559 -350,353 1,046,377 508,969 -272,616 -677,214 1,447,039 932,188 -760,381 393,027 839,716 1,458,425 -1,397,661 654,527 1,320,823  
      net
    		                 -7,476,000 -10,888,000                          
      adjustments to reconcile net (loss) to net cash flows from operating activities:
    		                                            
      proceeds from borrowings under credit facilities
    		                   0 0 0 20,933,000 21,670,111 15,313,988 25,307,000 10,000,000 0 0 0 6,000,000 0 5,500,000   0         
      financing fees paid in connection with borrowings
    		                   -468 0                        
      non-cash acquisitions of property, plant and equipment
    		                          1,749,901                  
      net cash flows from (used in) operating activities
    		                                            
      benefit from loss/(gains) on accounts receivable
    		                  -3,000 -19,174 -10,457 -84,081 90,712 -89,689   28,778    5,232 -13,605             
      operating lease right of use
    		                  309,000 327,038 498,129 155,793 308,040 306,130   241,785                  
      other current liabilities
    		                                            
      conversion of warrants to common stock
    		                               0             
      changes in operating assets and liabilities
    		                                            
      prepaid expenses, other non-trade receivables and other current assets
    		                                            
      loss on disposal of equipment and deposits on equipment
    		                           37,390 28,508 48,382 27,879 6,024 6,819 84,868 6,005 19,734 11,185 15,205 143,407 10,277 2,643 71,956 8,723 161,870 
      fair value adjustment for outstanding warrants
    		                               0 -44,053       -97,543 -475,246 -43,943 114,106  
      change in reserve for inventory obsolescence
    		                           29,383 838 16,351 52,723 -23,108 210,434 22,647 81,925  -14,531 -5,062 133,174 -137,899 37,908 -11,037 6,006 -17,667 
      other liabilities
    		                               67,961             
      proceeds from sale of equipment
    		                                  5,835 929 1,841 5,000 5,672 1,557    91,467 
      exercise of options to purchase common stock
    		                           253,313 2,072,594 945,427 53,862 2,667,903 2,068,488 2,990,848 553,221 786,929 1,747,910 222,186 10,970 -1 49,294 227,496 14,960  
      purchase of treasury shares
    		                                            
      non-cash investing and financing activities:
    		                                            
      purchase of stock for tax withholding
    		                                            
      purchases of short-term investments
    		                                       0 0 0 -7,499,205  
      acquisitions of land and building
    		                                       -41,749 -4,791    
      net cash flows (used in) investing activities
    		                                            
      benefit from (gain)/loss on accounts receivable
    		                                            
      fees on debt guarantee
    		                                           15,475,777 
      borrowings on long-term debt
    		                                            
      repayment of long-term debt
    		                                            
      proceeds from preferred stock - series c issued
    		                                            
      redemption of series b preferred stock
    		                                            
      proceeds from shares of common stock issued in initial public offering, net of issuance costs
    		                                            
      preferred stock dividend accretion of series c and series b preferred stock and additional loss upon conversion of series c preferred stock into common stock upon consummation of ipo
    		                                            
      benefit from gains on accounts receivable
    		                                            
      share based compensation
    		                                    787,676 1,665,372 1,006,046 -1,566,233 1,825,640 1,804,338 1,860,112  
      benefit from losses on accounts receivable
    		                                         24,919 -918 -212,636 
      proceeds from borrowings under line of credit
    		                                            
      benefit from losses (gains) on accounts receivable
    		                                      7,805      
      accrued expenses and accrued interest on long-term debt
    		                                       102,648 -234,881 214,194 -711,334 -1,606,073 
      proceeds from the issuance of shares of common stock in private placement
    		                                            
      benefit from (gains) losses on accounts receivable
    		                                            
      preferred stock dividend accretion
    		                                            
      net change in cash and equivalents
    		                                          -11,340,744 34,501,050 
      cash and equivalents, beginning of year
    		                                          36,259,252 0 
      cash and equivalents, end of period
    		                                          24,918,508 34,501,050 
      ·
    		                                            
      revaluation of outstanding warrants
    		                                            
      issuance of common stock options for services
    		                                            
      proceeds from issuance of series c preferred stock
    		                                            
      effect of exchange rate changes on cash
    		                                            
      amortization of loan discount and deferred financing costs
    		                                            
      other assets and deferred offering costs
    		                                            
      borrowings on notes payable
    		                                            
      financing fees paid in connection with note payable
    		                                            
      proceeds from issuance of preferred stock—series c
    		                                            
      non-cash financing activity:
    		                                            
    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.