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 
      
    		                    
      cash flows from operating activities
    		                    
      net income
    		1,119,000 12,843,000 11,052,000 6,740,000 3,965,000 6,694,000 -1,009,000 -25,869,000 -38,495,000 58,786,000 -3,290,000 -1,972,000 -41,734,000 -1,415,000 12,293,000 -39,914,000 -18,069,000 31,061,000 1,668,000 -298,274,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                    
      depreciation and amortization
    		21,431,000 19,729,000 20,912,000 19,096,000 17,535,000 16,965,000 15,942,000 43,608,000 33,024,000 16,097,000 14,939,000 15,533,000 13,952,000 13,319,000 11,373,000 10,648,000 10,161,000 8,369,000 5,361,000 4,404,000 
      loss on extinguishment of debt
    		   0                 
      amortization of debt issuance costs and discounts
    		445,000 439,000 430,000                  
      non-cash operating lease expense
    		998,000 979,000 1,086,000 1,203,000 1,051,000 1,035,000 895,000 1,082,000 967,000 1,013,000 1,042,000 1,035,000 805,000 782,000 727,000 651,000 660,000 919,000 872,000 1,047,000 
      stock-based compensation expense
    		18,118,000 21,415,000 19,174,000 20,959,000 26,381,000 26,590,000 25,096,000 28,778,000 32,646,000 17,897,000 25,499,000 29,414,000 29,038,000 31,633,000 30,149,000 33,280,000 39,980,000    
      deferred income taxes
    		   -11,272,000    -7,573,000 4,991,000 -63,015,000 35,000 -356,000 195,000 58,000 -394,000 46,068,000 -32,853,000 -137,000 -227,000 -13,202,000 
      loss on operating lease asset
    		0 0 4,409,000                  
      other
    		20,000 170,000 286,000                  
      changes in operating assets and liabilities:
    		                    
      accounts receivable
    		-14,711,000 -28,910,000 -14,183,000 -15,131,000 30,971,000 -17,005,000 -1,161,000 -22,462,000 2,232,000 -6,936,000 699,000 3,745,000 1,992,000 836,000 -5,198,000 -19,569,000 -11,507,000 -7,203,000 -5,670,000 -5,211,000 
      prepaid expenses and other assets
    		-7,437,000 -2,309,000 -13,487,000 18,595,000 -6,287,000 -9,320,000 3,339,000 -2,295,000 -16,293,000 -7,569,000 -6,005,000 -10,507,000 5,302,000 -12,055,000 3,616,000 11,364,000 52,937,000 -37,397,000 -9,844,000 -9,103,000 
      accounts payable
    		3,539,000 10,800,000 286,000 1,926,000 -5,150,000 -15,565,000 -2,452,000 2,941,000 25,487,000 -6,235,000 -4,737,000 7,137,000 -6,151,000 2,582,000 -4,442,000 -115,000 -595,000 -26,000 4,943,000 -1,257,000 
      accrued expenses and other current liabilities
    		45,443,000 15,844,000 -19,079,000 5,931,000 17,805,000 1,049,000 924,000 -4,818,000 7,653,000 17,234,000 1,184,000 -14,365,000 11,186,000 15,108,000 -17,197,000 8,690,000 7,208,000 -1,830,000 -67,000 1,247,000 
      operating lease liabilities
    		-1,545,000 -1,559,000 -1,628,000 -1,703,000 -1,480,000 -1,766,000 -4,000 -1,470,000 -795,000 -525,000 -140,000 -589,000 -1,259,000 -928,000 -1,228,000 -903,000 -911,000 -1,221,000 631,000 2,935,000 
      other liabilities
    		514,000 139,000 155,000 -2,022,000 223,000 198,000 179,000 416,000 -1,806,000 1,899,000 405,000 -412,000 2,937,000 35,000 -435,000 -1,249,000 38,000 71,000 429,000 1,374,000 
      net cash from operating activities
    		76,023,000 49,580,000 9,413,000 44,743,000 86,862,000 9,701,000 42,586,000 15,868,000 60,270,000 29,866,000 32,288,000 31,879,000 33,732,000 51,049,000 30,120,000 49,810,000 48,558,000 34,926,000 45,485,000 14,850,000 
      capex
    		-17,999,000 -18,315,000 -21,876,000 -16,644,000 -15,859,000 -17,229,000 -20,615,000 -12,872,000 -13,647,000 -14,959,000 -8,537,000 -15,290,000 -13,775,000 -13,731,000 -12,418,000 -9,259,000 -8,510,000 -6,993,000 -9,695,000 -9,810,000 
      free cash flows
    		58,024,000 31,265,000 -12,463,000 28,099,000 71,003,000 -7,528,000 21,971,000 2,996,000 46,623,000 14,907,000 23,751,000 16,589,000 19,957,000 37,318,000 17,702,000 40,551,000 40,048,000 27,933,000 35,790,000 5,040,000 
      cash flows from investing activities
    		                    
      purchase of property and equipment
    		-1,748,000 -390,000 -142,000 -162,000 -403,000 -268,000 -407,000 -409,000 -194,000 -292,000 -148,000 -150,000 -645,000 -1,436,000 -1,736,000 -807,000 -706,000 -343,000 -2,715,000 -4,872,000 
      acquisition
    		0 0 -30,000,000                  
      capitalized software
    		-16,251,000 -17,925,000 -21,734,000 -16,482,000 -15,456,000 -16,961,000 -20,208,000 -12,463,000 -13,453,000 -14,667,000 -14,140,000 -15,140,000 -13,130,000 -12,295,000 -10,682,000 -8,452,000 -7,804,000 -6,650,000 -6,980,000 -4,938,000 
      net cash from investing activities
    		-17,999,000 -18,315,000 -51,876,000 -16,644,000 -15,859,000 -17,229,000 -20,615,000 -12,872,000 -13,647,000 -14,959,000 -14,288,000 1,286,000 -13,775,000 -163,608,000 -34,401,000 -9,259,000 -27,058,000 -132,721,000 -9,695,000 -9,810,000 
      cash flows from financing activities
    		                    
      proceeds from long-term debt
    		   0                0 
      payments on long-term debt
    		-1,250,000 -1,250,000 -1,250,000 0 -633,765,000 -1,757,000 -3,516,000 1,000 -1,757,000 -1,757,000 -1,758,000 -1,757,000 -1,757,000 -1,757,000 -1,758,000 -1,757,000 -1,757,000 -1,758,000 -1,757,000 -29,757,000 
      payments of debt issuance costs
    		   0                 
      repurchases of class a common stock
    		-61,054,000 -45,991,000 -99,897,000 -188,000 -5,431,000 0 -153,226,000 -77,825,000 -7,712,000 -8,920,000 -9,517,000 0 -17,956,000 0 -83,765,000      
      proceeds from exercise of stock options
    		58,000 1,000 2,000 611,000 6,663,000 9,188,000 2,584,000 1,556,000 3,118,000 559,000 708,000 49,000 1,271,000 4,156,000 3,683,000 5,306,000 14,234,000 13,109,000 2,372,000 195,000 
      employee taxes paid related to net share settlement of equity awards
    		-3,567,000 -4,548,000 -3,757,000 -4,862,000 -8,956,000 -9,152,000 -6,814,000 -50,078,000 -7,355,000 -4,525,000 -3,523,000 -3,078,000 -3,269,000 -4,727,000 -9,561,000 -15,014,000 -16,657,000 -11,384,000 -14,633,000  
      proceeds from employee stock purchase plan
    		0   909,000 0   741,000 0            
      net cash from financing activities
    		-65,813,000 -50,928,000 -104,902,000 -3,530,000 -172,129,000 -864,000 -160,972,000 -125,605,000 -13,706,000 -13,994,000 -14,090,000 -4,786,000 -21,711,000 -2,328,000 -91,401,000 -11,465,000 -4,180,000 -865,000 -14,018,000 -111,373,000 
      net change in cash and cash equivalents
    		-7,789,000 -19,663,000 -147,365,000 24,569,000 -101,126,000 -8,392,000 -139,001,000 -122,609,000 32,917,000 913,000 3,910,000          
      cash and cash equivalents
    		                    
      beginning of period
    		0 0 448,346,000  0 0 672,296,000 0 0 0 757,165,000 0 0 0 941,109,000 0 0 0 971,591,000  
      end of period
    		-7,789,000 -19,663,000 300,981,000  -101,126,000 -8,392,000 533,295,000 -122,609,000 32,917,000 913,000 761,075,000 28,379,000 -1,754,000 -114,887,000 845,427,000 29,086,000 17,320,000 -98,660,000 993,363,000  
      supplemental disclosure of cash flow information
    		                    
      non cash investing and financing activities:
    		                    
      right-of-use assets obtained in exchange for operating lease liabilities
    		0                    
      stock-based compensation included in capitalized software
    		3,542,000 4,465,000 4,138,000  4,223,000 4,295,000 3,795,000 3,223,000 3,700,000 3,457,000 2,764,000 2,011,000 3,113,000 1,833,000 2,012,000      
      capitalized software included in accounts payable and accrued expenses and other current liabilities
    		1,561,000 1,334,000 5,311,000  2,887,000 252,000 4,376,000 2,037,000 1,557,000 1,607,000 2,625,000          
      amortization of debt issuance costs
    		   421,000 413,000 826,000 837,000 843,000 844,000 846,000 849,000 851,000 852,000 854,000 856,000 859,000 859,000 864,000 863,000 960,000 
      change in fair value of contingent consideration
    		           1,200,000 16,617,000       1,167,000 
      gain on sale of business
    		                    
      loss on operating lease assets
    		       979,000 0            
      loss on disposal of capitalized software
    		       360,000             
      loss on minority equity interest investment
    		       0 2,200,000 0 1,808,000          
      changes in operating assets and liabilities, net of effects of business acquisitions
    		                    
      acquisitions, net of cash acquired
    		           0 0   0 -14,540,000   0 
      investment in minority equity interest
    		           0 0 0 -15,007,000 0     
      proceeds from sale of business
    		                    
      changes in operating assets and liabilities
    		                    
      capitalized software transferred from prepaid assets
    		       0 0 0 5,751,000          
      payments for contingent consideration
    		                    
      income tax paid (refunds received)
    		                    
      interest paid
    		                    
      right-of-use assets obtained in exchange for new operating lease liabilities
    		           20,180,000 0   2,387,000 52,000   0 
      changes in operating assets and liabilities, net of effects of business acquisition
    		                    
      acquisition, net of cash acquired
    		              -6,976,000      
      charitable stock donation
    		                    
      proceeds from issuance of common stock in initial public offering, net of underwriting discounts and commissions
    		                   0 
      proceeds from private placement with a related party
    		                    
      payment of debt issuance costs and prepayment penalty
    		                    
      payment for contingent consideration
    		               0 0    
      payments of initial public offering issuance costs
    		                   -3,097,000 
      proceeds from early exercise of stock options
    		                   0 
      net change in cash, cash equivalents and restricted cash
    		           28,379,000 -1,754,000 -114,887,000 -95,682,000 29,086,000 17,320,000 -98,660,000 21,772,000 -106,333,000 
      cash, cash equivalents and restricted cash
    		                    
      conversion of preferred stock to common stock in connection with initial public offering
    		                    
      loss on abandonment of operating lease assets
    		                650,000    
      loss on abandonment and impairment of operating lease assets
    		                    
      issuance of common stock
    		                    
      income tax (refunds received) paid
    		                    
      purchase of property and equipment included in accounts payable and accrued expenses and other current liabilities
    		                    
      proceeds from private placement
    		                    
      payment of debt issuance costs
    		                    
      non cash investing and financing activities
    		                    
      offering costs included in accounts payable and accrued expense and other current liabilities
    		                    
      stock-based compensation included in capitalized software development costs
    		                2,613,000 1,690,000 1,728,000 875,000 
      capitalized software development costs in accounts payable and accrued expenses and other current liabilities
    		                306,000    
      employee tax withholding obligations on stock option exercises included in accrued expenses and other current liabilities
    		                    
      stock-based compensation
    		                  46,526,000 286,081,000 
      capitalized software development costs in accrued expenses and other current liabilities
    		                  615,000 98,000 
      changes in operating assets and liabilities, net of effect of business acquisitions
    		                    
      issuance of preferred stock
    		                    
      dividends paid
    		                    
      beginning of year
    		                    
      end of year
    		                    
      cash paid during the year for
    		                    
      income taxes
    		                    
      interest
    		                    
      conversion of preferred stock to common stock
    		                    
      offering costs included in accounts payable and accrued expenses and other current liabilities
    		                    
    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.