7Baggers
Quarterly
Annual
    Unit: USD2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 
      
    		         
      operating activities:
    		         
      net income
    		-22,041,000 -26,497,000 -24,561,000 -23,613,000 -21,976,000 -22,636,000 -23,533,000 -18,182,000 -34,386,000 
      adjustments to reconcile net income to cash from operating activities:
    		         
      stock-based compensation
    		6,602,000 6,311,000 6,000,000 6,158,000 5,434,000 5,552,000 4,550,000 3,677,000 23,670,000 
      depreciation
    		763,000 665,000 643,000 619,000 143,000 55,000 43,000 36,000 29,000 
      non-cash lease expense
    		   262,000 281,000 255,000 185,000   
      amortization of premiums and discounts on short-term investments
    		-1,467,000 -1,115,000 -1,048,000 -798,000 -541,000     
      changes in operating assets and liabilities:
    		         
      prepaids and other current assets
    		-1,335,000 -249,000 -352,000 1,305,000 -1,213,000 3,044,000 -1,852,000 524,000 -2,234,000 
      right-of-use assets – operating leases
    		97,000 91,000 84,000       
      other noncurrent assets
    		510,000 -7,000 -1,737,000       
      accounts payable
    		-308,000 44,000 -1,059,000 399,000 -1,320,000 -1,312,000 1,038,000 709,000 771,000 
      accrued and other current liabilities
    		-1,423,000 1,892,000 378,000 2,099,000 1,814,000 -2,602,000 2,691,000 2,270,000 1,351,000 
      deferred revenue
    		   0 0 0 -582,000 -2,070,000 1,473,000 
      operating lease liabilities
    		-370,000 -357,000 -527,000       
      proceeds from lease incentive
    		0 0 530,000 1,936,000 0     
      net cash from operating activities
    		-18,972,000 -19,222,000 -21,649,000 -9,004,000 -17,378,000 -17,833,000 -17,460,000 -13,036,000 -9,326,000 
      capex
    		-32,000 -679,000 -1,465,000 -4,779,000 -3,902,000 -2,204,000 102,000 -296,000 -151,000 
      free cash flows
    		-19,004,000 -19,901,000 -23,114,000 -13,783,000 -21,280,000 -20,037,000 -17,358,000 -13,332,000 -9,477,000 
      investing activities:
    		         
      purchases of property and equipment
    		-32,000 -679,000 -1,573,000 -2,550,000 -3,955,000 -3,486,000 -1,122,000 -423,000 -15,000 
      purchases of short-term investments
    		-112,372,000 0 -50,000,000 -50,063,000 -36,478,000     
      maturities of short-term investments
    		39,750,000 56,501,000 63,600,000 48,500,000      
      net cash from investing activities
    		-72,654,000 55,822,000 12,027,000 -6,742,000 -26,183,000 -135,402,000 -1,122,000 -423,000 -15,000 
      financing activities:
    		         
      proceeds from issuance of common stock, net of issuance costs
    		-269,000         
      proceeds from exercise of stock options
    		61,000 321,000 117,000       
      payment of deferred offering costs
    		         
      net cash from financing activities
    		-208,000 68,071,000 117,000 10,087,000 -279,000 223,000 276,000 260,000 191,500,000 
      net increase in cash, cash equivalents, and restricted cash
    		-91,834,000   -5,659,000 -43,840,000     
      cash, cash equivalents, and restricted cash at beginning of period
    		0 0 59,907,000 0 0     
      cash, cash equivalents, and restricted cash at end of period
    		-91,834,000 104,671,000 50,402,000 -5,659,000 -43,840,000     
      supplemental disclosure of noncash activities
    		         
      purchases of property and equipment included in accounts payable and accrued liabilities
    		  108,000 -2,229,000 53,000 1,282,000 1,224,000   
      right-of-use assets and lease liabilities recognized upon commencement of lease
    		   0 0 0 3,370,000   
      issuance costs included in accounts payable and accrued liabilities
    		         
      net decrease in cash, cash equivalents, and restricted cash
    		  -9,505,000       
      non-cash interest expense
    		       0 0 
      change in fair value of embedded derivative liability
    		       0 0 
      loss on extinguishment of convertible promissory note
    		       0 0 
      proceeds from issuance of convertible preferred stock, net of issuance costs
    		       0 0 
      proceeds from initial public offering, net of offering costs
    		       28,000  
      proceeds from exercise of stock options, including early exercise
    		   312,000 83,000 223,000 276,000 232,000 48,000 
      conversion of preferred stock to common stock
    		       0  
      conversion of convertible note (including accrued interest) and derivative liability for series b-2 convertible preferred stock
    		         
      deferred offering costs included in accounts payable and accrued and other current liabilities
    		         
      net increase in cash and restricted cash
    		      -18,306,000 -13,199,000 182,159,000 
      cash and restricted cash at beginning of period
    		      280,724,000 0 0 
      cash and restricted cash at end of period
    		      262,418,000 -13,199,000 182,159,000 
      issuance costs and amounts payable for convertible preferred stock included in accounts payable and accrued liabilities
    		         
      numerator:
    		         
      denominator:
    		         
      weighted-average common shares outstanding, basic and diluted
    		      39,602,146,000 -8,417,968,000 23,264,083,000 
      less: weighted-average unvested common stock
    		      -200,341,000 -111,052,000 245,648,000 
      weighted-average shares used for eps calculation
    		      39,401,805,000 -8,529,020,000 23,509,731,000 
      net income per share
    		      -600 -2,430 1,560 
      proceeds from issuance of convertible promissory notes, net of issuance costs
    		         
      purchases of property and equipment included in accounts payable
    		       127,000 -136,000 
      conversion of convertible note (including accrued interest) and embedded derivative liability for series b-2 convertible preferred stock
    		         
      unpaid initial public offering costs
    		         
    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.