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 2021-09-30 
      
    		                
      operating activities
    		                
      net income
    		30,834,000 16,638,000 27,019,000      -437,000 22,331,000 -32,899,000 9,545,223 -9,184,474 -7,518,082 8,009,333 17,402,883 
      adjustments to reconcile net income to net cash from operating activities:
    		                
      stock-based compensation
    		6,019,000 16,529,000 10,947,000 14,630,000 7,052,000 7,721,000 7,869,000 5,230,000 3,648,000        
      (gain) loss in fair value of warrant liability
    		0 0 -9,905,000              
      amortization of debt discount and issuance costs
    		228,000 224,000 223,000 226,000 228,000 224,000 231,000          
      depreciation and amortization
    		1,262,000 3,068,000 3,477,000 4,315,000 4,241,000 4,235,000 4,119,000 5,196,000 5,753,000 8,140,000 7,952,000      
      benefit from expected credit losses
    		-93,000 15,000 54,000 -76,000 50,000 -405,000 -287,000          
      deferred income taxes
    		   -4,664,000 -397,000 -739,000 -107,000 -761,000 -2,308,000 -2,639,000 -2,274,000      
      non-cash lease expense
    		793,000 760,000 636,000 543,000 492,000 429,000 316,000 277,000 298,000 289,000 280,000      
      changes in operating assets and liabilities:
    		                
      accounts receivable
    		-1,643,000 -3,865,000 -3,690,000 -5,539,000 -3,745,000 -4,151,000 -1,540,000 -1,476,000 -1,175,000 -2,922,000 -6,319,000      
      prepaid expenses and deferred charges
    		-7,000 -504,000 -3,599,000 2,407,000 209,000 1,199,000 -2,544,000 1,828,000 115,000 1,675,000 -169,000      
      other current assets
    		-714,000 -320,000 1,221,000 -1,074,000 1,575,000 -1,415,000 1,648,000 -2,201,000 196,000 136,000 206,000      
      other assets
    		-157,000 -11,000 -107,000 -105,000 19,000 -173,000 -37,000 -175,000 -99,000 -47,000 -29,000      
      accounts payable
    		2,354,000 -332,000 -1,229,000 1,199,000 -559,000 -703,000 -398,000 2,170,000 -1,944,000 -2,729,000 1,790,000      
      accrued expenses and other current liabilities
    		15,711,000 5,246,000 -1,291,000 3,212,000 3,407,000 -2,178,000 2,390,000 -1,881,000 633,000 -16,045,000 21,954,000      
      deferred revenue
    		1,703,000 921,000 878,000 75,000 573,000 252,000 -111,000 34,000 578,000 737,000 -754,000      
      lease liability
    		-843,000 -682,000 -841,000 -741,000 -482,000 -1,141,000 -385,000 -374,000 -362,000 -350,000 -331,000      
      other liabilities
    		2,000   -1,000 0 1,000 11,000          
      net cash from operating activities
    		55,449,000 37,518,000 23,793,000 29,533,000 29,125,000 15,850,000 20,449,000 13,031,000 8,333,000 6,282,000 8,501,000 52,341,259 -165,415 -663,703 -868,141  
      capex
    		666,000 -440,000 223,000 -306,000 -256,000 -298,000 327,000 -268,000 -146,000 -63,000 -32,000 0 0 0 0  
      free cash flows
    		56,115,000 37,078,000 24,016,000 29,227,000 28,869,000 15,552,000 20,776,000 12,763,000 8,187,000 6,219,000 8,469,000 52,341,259 -165,415 -663,703 -868,141  
      investing activities
    		                
      purchase of property and equipment
    		-208,000 -192,000 -124,000    -195,000 -268,000 -146,000 -63,000 -32,000      
      additions to capitalized software development costs
    		-3,998,000 -688,000 -504,000              
      net cash from investing activities
    		-4,206,000 -880,000 -628,000 -1,258,000 -1,243,000 -1,696,000 -1,148,000 -741,000 -914,000 -1,082,000 -1,493,000 -2,825,000     
      financing activities
    		                
      proceeds from the exercise of stock options
    		132,000 782,000 619,000 1,991,000 299,000 816,000 916,000          
      withholding taxes paid on stock-based compensation
    		-2,284,000 -10,030,000 -5,400,000 -6,484,000 -1,657,000 -2,623,000 -1,312,000          
      repurchases of common stock under the stock repurchase program
    		-159,839,000 -158,683,000 -131,984,000              
      proceeds from the exercise of warrants
    		0 0 314,124,000 0             
      payment for the redemption of warrants
    		0 0 -58,000              
      principal payments on debt
    		-3,750,000 -3,750,000 -3,750,000 -3,750,000 -3,750,000 -17,550,000 -25,750,000          
      net cash from financing activities
    		-165,741,000 -171,681,000 173,551,000 -8,243,000 -5,107,000 -19,357,000 -26,146,000 -14,632,000 438,000 -16,946,000 18,104,000 -56,652,000 100,000 3,390,000 1,050,000  
      net increase in cash, cash equivalents and restricted cash
    		-114,498,000 -135,043,000 196,716,000 20,032,000 22,775,000 -5,203,000 -6,845,000 -2,342,000 7,857,000 -11,746,000 25,112,000      
      cash, cash equivalents and restricted cash, beginning of the period
    		0 0 59,757,000 0 0 0 28,998,000 0 0 0 10,117,000      
      cash, cash equivalents and restricted cash, end of the period
    		-114,498,000 -135,043,000 256,473,000 20,032,000 22,775,000 -5,203,000 22,153,000 -2,342,000 7,857,000 -11,746,000 35,229,000      
      reconciliation of cash, cash equivalents and restricted cash
    		                
      cash and cash equivalents
    		-114,498,000 -135,043,000 255,868,000 20,032,000 22,775,000 -5,203,000 21,548,000 -2,342,000 7,857,000 -11,746,000 33,837,000      
      restricted cash
    		0 0 605,000 0 0 0 605,000 0 0 0 1,392,000      
      cash, cash equivalents and restricted cash
    		-114,498,000 -135,043,000 256,473,000 20,032,000 22,775,000 -5,203,000 22,153,000 -2,342,000 7,857,000 -11,746,000 35,229,000      
      supplemental disclosure of cash flow information:
    		                
      cash interest paid
    		5,263,000 5,153,000 1,858,000 5,701,000 6,566,000 11,053,000 2,672,000 12,886,000 11,730,000 18,071,000 5,172,000      
      income taxes paid
    		-436,000   7,474,000 2,827,000 7,128,000 4,000 12,215,000 4,431,000 338,000 725,000      
      supplemental disclosure of non-cash investing activities:
    		                
      capitalized software development costs accrued but not paid
    		874,000 -248,000 347,000 -60,000 68,000 -298,000 522,000          
      supplemental disclosure of non-cash financing activities:
    		                
      repurchase of common stock for net settlement of equity awards
    		729,000 -23,000 89,000 13,000 -4,000 -127,000 182,000          
      issuance of common stock for the settlement of kpi awards
    		0 0 3,609,000              
      issuance of common stock for the settlement of certain market condition liability-classified awards
    		0 4,990,000 4,173,000              
      issuance of common stock for the cashless exercise of warrants
    		0 0 63,029,000              
      issuance of common stock for the exercise of warrants
    		0 0 179,186,000              
      repurchase of common stock committed but not settled
    		 -5,695,000 9,155,000              
      net income and comprehensive loss
    		   -123,852,000 24,681,000 -22,424,000 -9,406,000          
      loss in fair value of warrant liability
    		   138,978,000 -8,219,000 35,118,000 18,680,000          
      loss on extinguishment of debt related to 2020 credit agreement
    		                
      interest income on promissory note from member
    		       0 0 0 -282,000      
      purchases of property and equipment
    		   -246,000 -324,000            
      proceeds from issuance of debt
    		                
      payment of debt issuance costs
    		                
      transaction costs paid in connection with the business combination
    		       0 0 0 -1,196,000      
      proceeds from the repayment of promissory note to a member including interest
    		       0 0 0 19,353,000      
      payment of early termination fee related to the extinguishment of debt
    		                
      issuance of common stock for the settlement of certain market condition liability-classified equity awards
    		                
      additions to capitalized software
    		    -919,000 -1,516,000 -953,000 -473,000 -768,000 -1,019,000 -1,461,000      
      net income and comprehensive income
    		                
      gain in fair value of warranty liability
    		                
      transaction costs allocated to warrant liability
    		                
      loss on extinguishment on deferred purchase price paid to kunlun
    		                
      benefit from expected credit losses/doubtful accounts
    		       -119,000 -383,000 717,000 206,000      
      proceeds from exercise of stock options
    		       577,000 438,000 694,000 1,010,000      
      proceeds of issuance of debt
    		                
      principal payment on debt
    		       -348,777,000 0 -17,640,000 -1,063,000      
      proceeds from issuance of common stock in the business combination
    		                
      proceeds from exercise of forward purchase agreement
    		                
      payment of related party note payable
    		                
      payment of deferred purchase price to kunlun
    		                
      distributions paid
    		                
      repayment of principal and interest on the promissory note to a member from distributions
    		                
      promissory note to group holdings in relation to the distribution
    		                
      member distributions
    		                
      transaction costs incurred but not yet paid
    		                
      change in fair value of warrant liability
    		        3,362,000        
      amortization of debt issuance costs
    		        449,000 491,000 512,000      
      share-based compensation
    		          3,341,000      
      fair value change in warrant liability
    		          15,317,000      
      share/unit-based compensation
    		                
      gain on paycheck protection program loan forgiveness
    		                
      accrual of premium on debt
    		                
      benefit from doubtful accounts
    		                
      due to/(from) related party
    		                
      payment of debt
    		                
      net decrease in cash, cash equivalents and restricted cash
    		                
      paycheck protection program loan forgiveness
    		                
      cash flows from operating activities:
    		                
      change in fair value of warrant liabilities
    		            3,193,590 4,031,433 -8,957,794  
      change in fair value of forward purchase agreement liabilities
    		            2,558,043 731,176 -218,160  
      fair value of private placement warrant in excess of purchase price
    		                
      interest earned on investments held in trust account
    		            -1,299,129 -363,264 -39,730  
      prepaid expenses
    		            59,875 59,875 -43,000  
      accrued expenses
    		            4,506,680 2,314,006 381,210  
      cash flows from investing activities:
    		                
      investment of cash into trust account
    		            0    
      cash flows from financing activities:
    		                
      proceeds from sale of private placements warrants
    		            0    
      proceeds from convertible promissory note – related party
    		                
      payment of offering costs
    		                
      net change in cash
    		            -65,415 -33,703 181,859  
      cash – beginning of period
    		            0 0 17,499  
      cash – end of period
    		            -65,415 -33,703 199,358  
      tiga acquisition corp. notes to condensed consolidated financial statements september 30, 2022
    		                
      fv of private placement warrant in excess of purchase price
    		                
      net cash from provided by investing activities
    		                
      proceeds from promissory note – related party
    		             630,000 1,050,000  
      non-cash investing and financing activities:
    		                
      offering costs included in accrued offering costs
    		                
      gross proceeds
    		              278,760,000  
      less:
    		                
      proceeds allocated to public warrants
    		              -15,897,248  
      class a ordinary shares issuance costs
    		              -17,568,199  
      add:
    		                
      accretion of carrying value to redemption value
    		              33,465,447  
      class a ordinary shares subject to possible redemption at december 31, 2020
    		              278,760,000  
      plus:
    		                
      class a ordinary shares subject to possible redemption at december 31, 2021 and march 31, 2022
    		              284,280,000  
      compensation expense on private placement warrants
    		                
      formation cost paid by sponsor in exchange for issuance of founder shares
    		                
      advances from related party
    		                
      change in value of class a ordinary shares subject to possible redemption
    		                
      deferred offering costs paid by sponsor in exchange for the issuance of class b ordinary shares
    		                
      balance sheet as of december 31, 2020
    		                
      class a ordinary shares subject to possible redemption
    		                
      class a ordinary shares
    		                
      additional paid-in capital
    		                
      accumulated deficit
    		                
      total shareholders’ equity
    		                
      numerator: earnings allocable to class a ordinary shares
    		                
      interest income
    		                
      net earnings
    		                
      denominator: weighted-average class a ordinary shares
    		                
      class a ordinary shares, basic and diluted
    		                
      earnings/basic and diluted class a ordinary shares
    		                
      class b ordinary shares
    		                
      numerator: net income minus net earnings
    		                
      net earnings allocable to class a ordinary shares
    		                
      denominator: weighted-average class b ordinary shares
    		                
      class b ordinary shares, basic and diluted
    		                
      income/basic and diluted class b ordinary shares
    		                
    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.