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 2020-04-09 2020-03-31 
      
    		                       
      operating activities
    		                       
      net income
    		15,774,000 42,505,000 49,485,000 26,025,000 75,588,000 13,297,000 11,128,000 1,245,000 -7,567,000 -7,157,000 -10,067,000 -10,907,000 -18,840,000 -19,679,000 -16,252,000 -31,161,000 -15,941,000 -9,153,000 -51,404,000 -2,039,488 -2,256,772 -86,776 1,334,022 
      adjustments to reconcile net income to net cash from operating activities:
    		                       
      depreciation and amortization
    		17,669,000 10,465,000 8,276,000 6,061,000 4,383,000 3,643,000 3,001,000 2,658,000 2,363,000 2,377,000 2,117,000 2,010,000 1,902,000 1,821,000 1,741,000 1,630,000 1,546,000 505,000 394,000     
      stock-based compensation
    		40,172,000 35,726,000 24,858,000 24,349,000 24,899,000 24,042,000 19,032,000 17,791,000 17,277,000 16,845,000 14,167,000 12,350,000 10,979,000 10,632,000 8,856,000 11,952,000 11,869,000 9,160,000 34,230,000     
      change in fair value of liabilities
    		       19,000 588,000 173,000 295,000 942,000 -450,000 -121,000 -441,000 9,808,000 -8,328,000       
      net accretion on securities
    		-253,000 -367,000 -693,000  -1,159,000 -1,204,000 -1,077,000                 
      benefit from deferred taxes
    		                       
      impairment of long-lived assets
    		   0 0 39,000 75,000 0 0 0 429,000 0            
      amortization of debt discount and issuance costs
    		1,743,000                       
      non-cash operating lease cost
    		3,311,000 2,689,000 1,905,000 671,000 654,000 647,000 574,000 510,000 498,000 466,000 448,000 449,000 401,000 378,000 377,000         
      non-cash acquisition-related costs
    		1,976,000 1,955,000 1,030,000     427,000 1,198,000 500,000 566,000             
      non-cash other
    		-814,000 -2,147,000 832,000 -78,000 23,000 4,000 408,000 108,000 12,000 0 75,000  -256,000 152,000 -94,000 -331,000 -88,000       
      changes in operating assets and liabilities:
    		                       
      inventory
    		37,270,000 -65,704,000 -11,669,000 -15,317,000 -8,171,000 -10,762,000 -7,362,000 -472,000 -575,000 -720,000 865,000 785,000 -2,674,000 -7,530,000 1,415,000 -2,700,000 -3,881,000 -2,067,000 -980,000     
      prepaid expenses and other current assets
    		-16,301,000 -20,842,000 -17,239,000 -7,959,000 -105,000 5,278,000 -6,708,000 -5,994,000 4,355,000 228,000 -4,984,000 -2,691,000 3,118,000 915,000 -7,677,000 565,000 7,270,000 2,512,000 -7,147,000     
      other long-term assets
    		5,000 -83,000 73,000 -9,000 0 0 -47,000 -19,000 -7,000 -37,000 5,000 10,000 34,000 3,000 -30,000 0 0 0 -58,000     
      accounts payable
    		70,952,000 -9,327,000 14,473,000 8,658,000 18,896,000 12,554,000 3,602,000 2,923,000 -1,037,000 1,483,000 3,955,000 -609,000 5,879,000 3,187,000 4,266,000 3,547,000 -1,047,000 2,236,000 5,117,000 23,481 -33,307 -52,898 56,079 
      accrued liabilities
    		-52,883,000 7,386,000 4,351,000 9,789,000 14,026,000 2,234,000 -2,258,000 1,612,000 7,753,000 5,486,000 1,673,000 -4,611,000 5,370,000 3,298,000 -3,148,000 991,000 -6,377,000 4,469,000 1,114,000     
      deferred revenue
    		19,947,000 -12,348,000 35,480,000 43,101,000 11,194,000 7,255,000 6,002,000 3,341,000 2,334,000 -808,000 1,394,000 -652,000 -213,000 1,192,000 -2,043,000 1,195,000 470,000 395,000 -648,000     
      operating lease liabilities
    		1,134,000 -616,000 -1,182,000 -682,000 -621,000 -608,000 -532,000 -531,000 -474,000 -465,000 -463,000 -440,000 -393,000 -388,000 -384,000         
      earn-out payable
    		   0 0       -3,336,000 0 0 -6,848,000         
      net cash from operating activities
    		148,721,000 -19,117,000 109,090,000 86,385,000 85,267,000 53,594,000 25,838,000 21,983,000 25,191,000 16,826,000 9,483,000 -6,719,000 5,985,000 -6,394,000 -19,403,000 -3,105,000 -15,960,000 601,000 -15,948,000 -199,334 -452,931 -96,170 -28,639 
      capex
    		-45,378,000 -40,130,000 -44,308,000 -17,443,000 -3,894,000 -2,550,000 -9,987,000 -10,485,000 1,494,000 -5,501,000 655,000 -1,400,000 -1,038,000 -176,000 -100,000 -553,000 -157,000 -59,000 -63,000 0 0 0 0 
      free cash flows
    		103,343,000 -59,247,000 64,782,000 68,942,000 81,373,000 51,044,000 15,851,000 11,498,000 26,685,000 11,325,000 10,138,000 -8,119,000 4,947,000 -6,570,000 -19,503,000 -3,658,000 -16,117,000 542,000 -16,011,000 -199,334 -452,931 -96,170 -28,639 
      investing activities
    		                       
      purchases of investments
    		   -9,969,000 -53,056,000 -26,839,000 -70,700,000 -20,824,000 -71,039,000 -24,689,000 -40,687,000 -50,884,000 -47,670,000 -4,265,000 -84,881,000 -47,272,000 -31,840,000 -15,500,000 -172,021,000     
      maturities of investments
    		12,188,000 29,227,000 31,342,000 19,648,000 63,197,000 28,395,000 97,700,000 52,717,000 45,000,000 33,250,000 39,084,000 59,500,000 33,500,000 18,919,000 82,340,000 59,000,000 50,954,000 38,921,000 9,500,000     
      proceeds from sales of investments
    		   0    0 898,000   0 13,555,000 0 22,291,000 0 2,250,000       
      investment in website development and internal-use software
    		-4,092,000 -4,250,000 -3,711,000  -2,539,000 -2,814,000 -3,377,000        -1,197,000 -933,000 -1,409,000 -1,093,000 -740,000     
      purchases of property, equipment, and intangible assets
    		-65,265,000 -46,065,000 -55,327,000 -24,520,000 -3,342,000 -3,212,000 -10,581,000 -8,631,000 -3,277,000 -4,677,000 -635,000 -1,400,000 -1,038,000 -176,000 -100,000 -553,000 -157,000 -59,000 -63,000     
      acquisition of businesses, net of cash acquired
    		               0        
      net cash from investing activities
    		-887,398,000 -21,088,000 -32,796,000 -17,206,000 -10,414,000 -4,470,000 13,042,000 20,695,000 -31,061,000 2,373,000 -4,113,000 6,003,000 -2,576,000 12,819,000 18,453,000 10,242,000 -25,922,000   0    
      financing activities
    		                       
      proceeds from issuance of convertible senior notes, net of debt discount
    		0                       
      purchases of capped calls related to convertible senior notes
    		0                       
      proceeds from exercise of vested stock options
    		3,299,000 2,569,000 3,928,000 8,146,000 2,033,000 11,402,000 5,070,000  1,131,000 315,000 245,000             
      payments for taxes related to net share settlement of equity awards
    		-32,480,000 -36,764,000 -25,711,000 -19,405,000 -10,815,000 -14,967,000 -7,314,000 -3,995,000 -2,690,000 -3,754,000 -3,657,000 -1,537,000 -1,181,000 -779,000 -404,000 -764,000 -776,000       
      proceeds from employee stock purchase plan
    		0   2,279,000 0   1,400,000 0   625,000 0           
      payments for debt issuance costs
    		-349,000 -1,806,000 -1,235,000                     
      repurchases of common stock
    		   -5,005,000 -30,038,000 -19,932,000 -28,064,000                 
      payments for acquisition-related earn-out consideration
    		   0 0                   
      net cash from financing activities
    		-39,009,000 889,169,000 -23,018,000 -13,652,000 -38,820,000 -25,065,000 -30,308,000 -3,963,000 -1,559,000 -2,541,000 -3,412,000 -10,459,000 -494,000 353,000 -22,527,000 -78,000 -484,000 -4,340,000 239,945,000     
      foreign currency effect on cash and cash equivalents
    		-1,486,000 1,027,000 243,000 -461,000 190,000 -1,000 2,000 -48,000 8,000 14,000 15,000 -17,000 16,000 -29,000 -23,000 -47,000 -7,000 -21,000 2,000     
      increase in cash, cash equivalents, and restricted cash
    		-779,172,000 849,991,000 53,519,000 55,066,000 36,223,000 24,058,000 8,574,000 38,667,000 -7,421,000 16,672,000 1,973,000 -11,192,000 2,931,000 6,749,000 -23,500,000 7,012,000 -42,373,000 18,976,000 60,675,000     
      cash, cash equivalents, and restricted cash at beginning of period
    		0 0 221,440,000 0 0 0 97,519,000 0 0 0 47,628,000 0 0 0 72,640,000 0        
      cash, cash equivalents, and restricted cash at end of period
    		-779,172,000 849,991,000 274,959,000 55,066,000 36,223,000 24,058,000 106,093,000 38,667,000 -7,421,000 16,672,000 49,601,000 -11,192,000 2,931,000 6,749,000 49,140,000 7,012,000        
      reconciliation of cash, cash equivalents, and restricted cash
    		                       
      cash and cash equivalents
    		-778,804,000 850,846,000 273,736,000 55,066,000 36,223,000 24,058,000 105,237,000 38,667,000 -7,421,000 16,672,000 48,745,000 -11,192,000 2,931,000 6,749,000 48,284,000         
      restricted cash
    		 -855,000 1,223,000 0 0 0 856,000 0 0 0 856,000 0 0 0 856,000         
      total cash, cash equivalents, and restricted cash
    		-779,172,000 849,991,000 274,959,000 55,066,000 36,223,000 24,058,000 106,093,000 38,667,000 -7,421,000 16,672,000 49,601,000 -11,192,000 2,931,000 6,749,000 49,140,000         
      supplemental disclosures of cash flow information
    		                       
      cash paid for taxes
    		383,000 22,687,000 360,000 4,044,000 404,000 3,342,000 126,000 464,000 19,000 340,000 286,000 48,000 60,000 492,000 36,000 59,000 52,000 168,000 59,000     
      non-cash investing and financing activities
    		                       
      purchases of property and equipment included in accounts payable and accrued liabilities
    		19,887,000 5,935,000 11,019,000 7,077,000 -552,000 662,000 594,000                 
      right-of-use asset obtained in exchange for lease liability
    		69,403,000 10,975,000 52,459,000 419,000 0 0 2,174,000 5,679,000 0   0            
      issuance of common stock in connection with asset acquisition
    		0 0 12,760,000                     
      common stock to be issued for asset acquisition indemnification holdback
    		0 0 6,380,000                     
      common stock issued, contingent consideration, additional consideration payable, and liabilities assumed in connection with acquisition of businesses
    		                       
      issuance of common stock for acquisition-related earn-out consideration
    		   0 0                   
      benefit for deferred taxes
    		 -9,456,000 -890,000 -7,309,000    17,000 -10,000 -69,000 49,000 -214,000 -122,000 -146,000 -112,000 -210,000        
      acquisition of business, net of cash acquired
    		 0 -5,100,000 0                    
      deferred debt issuance costs included in accounts payable and accrued liabilities
    		 -384,000 633,000                     
      net amortization on securities
    		       -1,652,000 -1,517,000 -1,476,000 -1,041,000 -840,000 123,000 -108,000 971,000 434,000        
      investment in website and mobile application development and internal-use software
    		       -2,567,000 -2,643,000 -2,187,000 -1,875,000 -1,213,000 -923,000           
      deferred consideration paid for acquisitions
    		           0 0           
      proceeds from exercise of class a common stock warrants
    		                 1,000 807,000     
      vesting of early exercised stock options
    		            37,000 38,000 38,000   52,000 54,000     
      issuance of common stock and liabilities assumed in connection with acquisition of business
    		   0                    
      warrant expense in connection with merger
    		               0 0 0 154,000     
      amortization of debt issuance costs
    		               0 0 0 144,000     
      pre-closing stock repurchase
    		               0 0 0 -22,027,000     
      proceeds from issuance of common stock upon merger
    		               0 0 0 197,686,000     
      proceeds from pipe
    		               0 0 0 75,000,000     
      payments for transaction costs related to securities issuances
    		                       
      proceeds from repayment of promissory notes associated with vested and unvested shares
    		               0 0       
      proceeds from exercise of class a common stock warrants, net of redemption payments
    		               0        
      proceeds from exercise of vested and unvested stock options, net of repurchases and cancelations
    		           89,000 687,000   686,000 313,000       
      payments for earn-out consideration for acquisitions
    		           -9,636,000 0 0 -23,014,000         
      recapitalization of redeemable convertible preferred stock from pre-closing stock repurchase
    		               0 0 0 125,000     
      conversion of redeemable convertible preferred stock to common stock
    		               0 0 0 249,837,000     
      assumption of merger warrants liability
    		               0 0 0 51,814,000     
      redemption/exercise of class a common stock warrants
    		               0        
      conversion of series d preferred stock warrants to class a common warrants
    		               0 0 0 1,160,000     
      purchase of property and equipment included in accounts payable
    		       -1,854,000 4,771,000 -824,000 1,290,000             
      vesting of early exercised stock options, net of cancelations
    		                       
      common stock issued, contingent consideration, and liabilities assumed in acquisition of businesses
    		               0        
      lease termination expense
    		                       
      other long-term liabilities
    		                -7,000       
      proceeds from issuance of redeemable convertible preferred stock, net of issuance costs
    		                       
      proceeds from exercise of series c preferred stock warrants
    		                       
      repayments of principal on term loan
    		                       
      cash paid for interest
    		                       
      expiration of class a common stock redemption right
    		                       
      exercise of convertible preferred stock warrants
    		                       
      vesting of early-exercised stock options, net of cancelations
    		                       
      recapitalization from redeemable convertible preferred stock pre-closing stock repurchase
    		                       
      common stock issued, contingent consideration, and payables for acquisition of businesses
    		                       
      exercise of private placement warrants and public warrants
    		                  20,871,000     
      common stock issued, contingent consideration, and payables for acquisition of business
    		                       
      proceeds from exercise of vested and unvested stock options
    		              891,000         
      borrowings of principal on term loan
    		                       
      redeemable class a common stock reclassification
    		                       
      warrants issued for debt issuance costs
    		                       
      proceeds from issuance of redeemable convertible preferred stock
    		                       
      payments for transaction costs
    		                0 -57,000 -12,794,000     
      reclassification of deferred transaction costs
    		                0 0 3,929,000     
      deferred transaction costs payable
    		                       
      change in transaction costs payable
    		                0 57,000 511,000     
      vesting of early-exercised stock options
    		                       
      equity awards classified as prepaid expenses
    		                125,000       
      cash, cash equivalents, and restricted cash at beginning of period*
    		                       
      cash, cash equivalents, and restricted cash at end of period*
    		                       
      exercise of class a common stock warrants
    		                       
      change in fair value of warrant liabilities
    		                  2,681,000     
      noncash other
    		                  452,000     
      deferred rent
    		                  3,000     
      net cash (used in)/provided by investing activities
    		                  -163,324,000     
      payments for issuance costs of convertible preferred stock
    		                       
      repayment of promissory notes associated with vested and unvested shares
    		                  1,193,000     
      proceeds from exercise of vested and unvested stock options, net of repurchases
    		                  80,000     
      cash, cash equivalents, and restricted cash at beginning of the year
    		                  28,350,000     
      cash, cash equivalents, and restricted cash at end of the three-month period
    		                  89,025,000     
      noncash investing and financing activities
    		                       
      cash flows from operating activities:
    		                       
      adjustments to reconcile net income to net cash (used in) operating activities:
    		                       
      unrealized gain on investments (net), dividends and interest, held in trust account
    		                   -43,818    
      prepaid expenses
    		                   25,050 15,050 27,150 30,150 
      accrued expenses
    		                   1,610,615 2,503,255 -22,765 80,040 
      accrued expenses – related party
    		                       
      due to related parties
    		                   194,826 -91,348 45,977 21,875 
      cash flows from investing activities:
    		                       
      proceeds received from sales; redemptions of marketable securities held in trust account
    		                       
      principal deposited in trust account
    		                       
      cash flows from financing activities:
    		                       
      proceeds received from initial public offering, gross
    		                       
      proceeds received from private placement
    		                       
      payment of offering costs
    		                       
      repayment of advances from related parties
    		                       
      net change in cash
    		                       
      cash, beginning of period
    		                       
      cash, end of period
    		                       
      non-cash investing and financing activities:
    		                       
      change in value of class a ordinary shares subject to possible redemption
    		                   -2,039,490 -2,256,770 -86,780 1,334,030 
      offering costs included in accrued expenses
    		                       
      offering costs paid by related parties
    		                       
      deferred underwriting commissions in connection with the initial public offering
    		                       
      deferred legal fees in connection with the initial public offering
    		                       
      offering costs paid by sponsor in exchange for issuance of class b ordinary shares
    		                       
      •
    		                       
      accrued expenses—related party
    		                       
      proceeds received from sales, redemptions of marketable securities held in trust account
    		                       
      net change in cash and cash equivalents
    		                       
      cash and cash equivalents—beginning of the period
    		                       
      cash and cash equivalents—end of the period
    		                       
      supplemental disclosure of noncash investing and financing activities:
    		                       
      offering costs included in accounts payable
    		                       
      offering costs included in note payable—related party
    		                       
      interest earned on marketable securities held in trust account
    		                     -36,858 -1,580,805 
      accrued expenses - related party
    		                     30,000 30,000 
      net decrease in cash
    		                     -96,170 -28,639 
      cash - beginning of the period
    		                     0 1,510,341 
      cash - end of the period
    		                     -96,170 1,481,702 
      deferred offering costs included in accrued expenses
    		                       
      deferred offering costs included in accounts payable
    		                       
      deferred offering costs advanced by related party
    		                       
      deferred offering costs paid by sponsor in exchange for issuance of class b ordinary shares
    		                       
      net increase in cash
    		                       
      offering costs included in note payable - related party
    		                       
      value of class a ordinary shares subject to possible redemption
    		                       
      ●
    		                       
    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.