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 
      
    		                  
      assets
    		                  
      current assets:
    		                  
      cash and cash equivalents
    		160,873,000 192,560,000 236,608,000 274,248,000 96,897,000 112,347,000 138,174,000 151,678,000 160,648,000 180,660,000 207,398,000 321,629,000 150,388,000 163,749,000 192,979,000 219,081,000 323,865,000 354,208,000 
      restricted cash
    		10,289,000 10,293,000 10,297,000 10,300,000 10,300,000 10,300,000 10,000,000     250,000 383,000 383,000 383,000 383,000   
      accounts receivable
    		53,246,000 59,134,000 62,880,000 52,005,000 56,163,000 58,074,000 52,418,000 63,602,000 43,476,000 34,904,000 24,626,000 26,441,000 22,422,000 15,835,000 16,064,000 13,842,000 8,857,000 7,189,000 
      inventory
    		45,622,000 47,028,000 47,822,000 49,887,000 52,157,000 42,464,000 37,899,000 33,141,000 39,505,000 40,871,000 38,977,000 13,256,000 11,579,000 12,566,000 10,835,000 9,080,000 5,549,000 3,363,000 
      prepaid expenses and other current assets
    		27,059,000 22,745,000 24,106,000 22,308,000 25,300,000 24,371,000 25,259,000 23,399,000 26,304,000 23,081,000 19,366,000 12,290,000 9,507,000 6,910,000 6,821,000 5,648,000 3,599,000 4,085,000 
      total current assets
    		297,089,000 331,760,000 381,713,000 408,748,000 240,817,000 247,556,000 263,750,000 271,820,000 269,933,000 279,516,000 290,367,000 373,866,000 194,279,000 199,443,000 227,082,000 248,034,000 341,870,000 368,845,000 
      property and equipment
    		42,163,000 40,628,000 34,868,000 34,281,000 34,677,000 33,511,000 29,399,000 26,966,000 25,913,000 22,390,000 21,112,000 15,829,000 12,509,000 11,900,000 12,093,000 11,090,000 3,282,000 2,706,000 
      intangible assets
    		203,932,000 198,540,000 203,138,000 208,944,000 222,659,000 205,402,000 198,635,000 208,134,000 196,424,000 181,438,000 189,476,000 63,117,000 60,864,000 97,318,000 104,785,000 96,285,000 11,608,000 12,496,000 
      goodwill
    		290,814,000 276,240,000 267,590,000 266,368,000 275,417,000 289,276,000 290,397,000 295,096,000 309,525,000 281,772,000 278,949,000 136,463,000 142,038,000 125,738,000 130,416,000 115,206,000 1,739,000 1,739,000 
      operating lease right-of-use assets
    		15,055,000 14,590,000 15,310,000 16,107,000 16,902,000 14,481,000 14,332,000 13,790,000 14,135,000 11,862,000 11,676,000 12,055,000 9,839,000 10,345,000 12,553,000    
      other assets and deposits
    		6,012,000 5,872,000 6,403,000 6,938,000 6,989,000 7,100,000 7,135,000 3,070,000 3,594,000 3,863,000 1,997,000 2,021,000 1,874,000 1,623,000 297,000 270,000 193,000 176,000 
      total assets
    		855,065,000 867,630,000 909,022,000 941,386,000 797,461,000 797,326,000 803,648,000 818,876,000 819,524,000 780,841,000 793,577,000 603,351,000 421,403,000 446,367,000 487,226,000 470,885,000 358,692,000 385,962,000 
      liabilities and stockholders' equity
    		                  
      accounts payable
    		19,147,000 19,667,000 18,474,000 28,326,000 26,021,000 26,525,000 18,955,000 18,405,000 19,617,000 16,997,000 16,925,000 14,186,000 8,473,000 7,608,000 6,770,000 5,441,000 5,365,000 19,320,000 
      accrued payroll liabilities
    		12,814,000 16,880,000 6,446,000 5,573,000 7,656,000 9,200,000 13,037,000 6,621,000 13,057,000 10,976,000 13,375,000 11,541,000 8,566,000 7,267,000 4,700,000    
      contingent considerations
    		3,369,000 283,000 2,873,000 3,589,000    83,903,000           
      accrued expenses and other current liabilities
    		24,888,000 20,496,000 26,754,000 29,297,000 20,700,000 27,595,000 29,280,000 21,411,000 104,857,000 63,069,000 70,667,000 13,159,000 15,585,000 14,325,000 24,718,000 18,643,000 6,282,000 3,851,000 
      intangible asset contract liability
    		4,553,000 4,928,000 5,500,000 5,875,000 5,875,000 4,089,000 2,088,000 4,429,000 6,517,000 9,419,000 9,397,000 9,377,000 7,973,000 6,368,000 5,705,000 5,516,000 2,499,000 2,386,000 
      current debt obligations
    		14,388,000 14,227,000 11,989,000 12,220,000 19,081,000 12,586,000 13,184,000 4,106,000 4,910,000 3,659,000 4,660,000 15,700,000 13,082,000 13,204,000 12,262,000 2,275,000 2,296,000 2,294,000 
      total current liabilities
    		79,159,000 76,481,000 72,036,000 84,880,000 100,881,000 93,144,000 151,666,000 138,875,000 148,958,000 104,120,000 115,024,000 63,963,000 55,306,000 50,540,000 57,000,000 33,715,000 16,819,000 28,778,000 
      long-term debt, net of current portion
    		339,146,000 338,226,000 367,037,000 369,097,000 157,537,000 157,263,000 156,996,000 156,735,000 156,472,000 156,213,000 155,959,000 155,699,000 4,170,000 4,795,000 5,306,000 5,618,000   
      intangible asset contract liability, net of current portion
    		7,463,000 9,221,000 10,593,000 11,965,000 13,688,000 11,246,000     2,088,000 4,177,000 6,517,000 9,419,000 11,306,000 12,452,000 9,316,000 10,032,000 
      deferred tax liabilities, non-current
    		15,958,000 12,900,000 11,750,000 11,660,000 17,052,000 12,996,000 13,047,000 13,696,000 15,711,000 10,768,000 10,628,000 7,823,000 11,885,000 23,320,000 24,176,000 21,164,000   
      operating lease liability, non-current
    		13,696,000 13,291,000 13,555,000 14,278,000 15,541,000 11,393,000 11,258,000 10,850,000 10,867,000 9,461,000 9,791,000 10,115,000 7,879,000 8,725,000 10,527,000    
      other long-term liabilities
    		6,729,000 2,415,000 2,318,000 4,111,000 3,959,000 8,651,000 9,210,000 21,695,000 22,650,000 47,396,000 49,220,000 1,844,000 7,425,000 5,458,000 8,537,000 5,612,000 2,401,000 2,219,000 
      total liabilities
    		462,151,000 452,534,000 477,289,000 495,991,000 308,658,000 294,693,000 342,177,000 341,851,000 406,682,000 395,642,000 435,440,000 289,019,000 145,054,000 135,070,000 169,966,000 179,028,000 279,345,000 205,941,000 
      commitments and contingencies
    		                  
      stockholders' equity
    		                  
      preferred stock, 0.0001 par value, 10,000,000 shares authorized; 0 shares issued or outstanding
    		                  
      class a common stock
    		20,000 20,000 19,000 19,000 18,000 18,000 17,000 16,000 15,000 14,000 14,000 13,000 13,000 12,000 11,000 11,000 9,000 9,000 
      class v common stock, 0.0001 par value, 40,000,000 shares authorized, 17,221,251 and 17,671,251 issued and outstanding as of september 30, 2025 and december 31, 2024, respectively
    		2,000                  
      additional paid-in capital
    		985,427,000 963,886,000 956,888,000 936,564,000 928,552,000 896,220,000 836,286,000 813,742,000 780,627,000 725,461,000 692,090,000 568,564,000 544,997,000 527,807,000 523,972,000 514,891,000 271,738,000 264,421,000 
      accumulated deficit
    		-605,917,000 -567,628,000 -528,590,000 -494,044,000 -461,462,000 -411,780,000 -392,620,000 -361,441,000 -346,786,000 -329,689,000 -316,562,000 -243,816,000 -231,425,000 -193,818,000 -189,583,000 -200,416,000 -175,056,000 -95,407,000 
      accumulated other comprehensive loss
    		-10,322,000 -5,873,000 -22,751,000 -24,655,000 -8,546,000 -13,750,000 -10,808,000 -6,170,000 -20,343,000 -9,513,000 -13,451,000 -11,951,000   -580,000 -1,443,000 61,000 -111,000 
      indie's stockholders' equity
    		369,210,000 390,407,000 405,568,000  458,564,000 470,710,000 432,877,000  413,515,000 386,275,000 362,093,000      96,755,000 168,915,000 
      noncontrolling interest
    		23,704,000 24,689,000 26,165,000 27,509,000 30,239,000 31,923,000 28,594,000 30,876,000 -673,000 -1,076,000 -3,956,000 1,520,000    -21,189,000 -17,408,000 11,106,000 
      total stockholders' equity
    		392,914,000 415,096,000 431,733,000 445,395,000 488,803,000 502,633,000 461,471,000 477,025,000 412,842,000 385,199,000 358,137,000 314,332,000    291,857,000   
      total liabilities and stockholders' equity
    		855,065,000 867,630,000 909,022,000 941,386,000 797,461,000 797,326,000 803,648,000 818,876,000 819,524,000 780,841,000 793,577,000 603,351,000    470,885,000   
      class v common stock, 0.0001 par value, 40,000,000 shares authorized, 17,621,251 and 17,671,251 issued and outstanding as of june 30, 2025 and december 31, 2024, respectively.
    		 2,000                 
      class v common stock, 0.0001 par value, 40,000,000 shares authorized, 17,621,251 and 17,671,251 issued and outstanding as of march 31, 2025 and december 31, 2024, respectively.
    		  2,000                
      stockholders’ equity
    		                  
      class v common stock, 0.0001 par value, 40,000,000 shares authorized, 17,671,251 and 18,694,332 issued and outstanding as of december 31, 2024 and december 31, 2023, respectively.
    		   2,000               
      indie’s stockholders’ equity
    		   417,886,000    446,149,000    312,812,000       
      contingent consideration
    		    21,548,000 13,149,000 75,122,000            
      preferred stock, 0.0001 par value, 10,000,000 shares authorized; no shares issued or outstanding
    		                  
      class v common stock, 0.0001 par value, 40,000,000 shares authorized, 18,044,332 and 18,694,332 issued and outstanding as of september 30, 2024 and december 31, 2023, respectively.
    		    2,000              
      class v common stock, 0.0001 par value, 40,000,000 shares authorized, 18,044,332 and 18,694,332 issued and outstanding as of june 30, 2024 and december 31, 2023, respectively.
    		     2,000             
      class v common stock, 0.0001 par value, 40,000,000 shares authorized, 18,594,332 and 18,694,332 issued and outstanding as of march 31, 2024 and december 31, 2023, respectively.
    		      2,000            
      warrant liability
    		        52,024,000 67,684,000 92,730,000 45,398,000 51,872,000 32,813,000 53,114,000 100,467,000 103,492,000 63,092,000 
      class v common stock, 0.0001 par value, 40,000,000 shares authorized, 18,694,332 and 21,381,476 issued and outstanding as of december 31, 2023 and december 31, 2022, respectively.
    		       2,000           
      class v common stock, 0.0001 par value, 40,000,000 shares authorized, 18,994,332 and 21,381,476 issued and outstanding as of september 30, 2023 and december 31, 2022, respectively.
    		        2,000          
      class v common stock, 0.0001 par value, 40,000,000 shares authorized, 18,994,332 and 21,381,476 issued and outstanding as of june 30, 2023 and december 31, 2022, respectively.
    		         2,000         
      class v common stock, 0.0001 par value, 40,000,000 shares authorized, 19,829,945 and 21,381,476 issued and outstanding as of march 31, 2023 and december 31, 2022, respectively.
    		          2,000        
      class v common stock, 0.0001 par value, 40,000,000 shares authorized, 21,381,476 and 30,448,081 issued and outstanding as of december 31, 2022 and december 31, 2021, respectively.
    		           2,000       
      deferred revenue
    		            1,627,000 1,768,000 2,845,000 1,840,000 377,000 927,000 
      class v common stock, 0.0001 par value, 40,000,000 shares authorized, 23,749,676 and 30,448,081 issued and outstanding as of september 30, 2022 and december 31, 2021, respectively.
    		            3,000      
      class v common stock, 0.0001 par value, 40,000,000 shares authorized, 26,382,703 and 30,448,081 issued and outstanding as of june 30, 2022 and december 31, 2021, respectively.
    		             3,000     
      class v common stock, 0.0001 par value, 40,000,000 shares authorized, 30,119,812 and 30,448,081 issued and outstanding as of march 31, 2022 and december 31, 2021, respectively.
    		              3,000    
      simple agreements for future equity
    		                  
      stockholder’s equity
    		                  
      class v common stock, 0.0001 par value, 40,000,000 shares authorized, 30,448,081 and 33,373,294 issued and outstanding as of december 31, 2021 and december 31, 2020, respectively.
    		               3,000   
      indie’s stockholder’s equity
    		               313,046,000   
      earn-out liability
    		                147,317,000 101,820,000 
      class v common stock, 0.0001 par value, 40,000,000 shares authorized, 33,827,371 and 33,373,294 issued and outstanding as of september 30, 2021 and december 31, 2020, respectively.
    		                3,000  
      class v common stock, 0.0001 par value, 40,000,000 shares authorized, 33,827,371 and 33,373,294 issued and outstanding as of june 30, 2021 and december 31, 2020, respectively.
    		                 3,000 
    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.