7Baggers
Quarterly
Annual
    Unit: USD2025-06-30 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 
      
    		                
      cash flows from operating activities:
    		                
      net income
    		-3,013,000 -4,685,000 -7,745,000 -7,051,000 -9,670,000 -5,306,000 -29,574,000 -2,069,000 -5,230,000 -5,666,000 -5,463,000 -2,894,000 2,172,000 7,479,000 -3,213,000 -21,446,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                
      depreciation
    		300,000 383,000               
      amortization of intangible assets
    		13,851,000 14,303,000               
      amortization of costs capitalized to obtain revenue contracts
    		1,154,000 1,109,000               
      benefit from expected credit losses
    		-203,000 555,000 174,000 43,000 327,000 234,000 303,000 186,000 -91,000 532,000       
      amortization of debt issuance costs
    		293,000 282,000 -94,000 283,000 252,000 212,000 188,000 228,000 434,000 235,000 1,055,000 276,000 945,000 484,000 862,000 734,000 
      share-based compensation expense
    		17,122,000 12,381,000 16,672,000 14,254,000 12,626,000 7,803,000 8,334,000 8,323,000 9,002,000 4,891,000 6,260,000 7,254,000 5,439,000 3,808,000   
      deferred income taxes
    		470,000 311,000 -82,000 441,000 289,000 -184,000 28,137,000 -315,000 -2,994,000 -1,198,000 -3,288,000 1,168,000 1,346,000 2,679,000 -66,000 1,150,000 
      changes in operating assets and liabilities:
    		                
      accounts receivable
    		2,102,000 -1,751,000 4,877,000 -2,987,000 371,000 -4,444,000 1,283,000 914,000 2,388,000 -5,028,000 -41,000 1,842,000 -1,558,000 -7,248,000 3,652,000 608,000 
      prepaid expenses and other current assets and other assets
    		-2,488,000 -2,146,000               
      accounts payable
    		-1,432,000 -1,021,000 677,000 83,000 1,945,000 -270,000 -462,000 677,000 238,000 2,717,000 -1,114,000 609,000 -1,360,000 301,000 1,078,000 -922,000 
      accrued liabilities and other long-term liabilities
    		658,000 147,000               
      deferred revenue
    		-9,617,000 22,482,000 -12,682,000 1,330,000 -9,343,000 19,924,000 -9,370,000 243,000 -7,939,000 16,997,000 -5,550,000 -604,000 -6,510,000 14,586,000 -6,182,000 -205,000 
      net cash from operating activities
    		19,197,000 42,350,000 13,813,000 20,595,000 14,356,000 29,038,000 12,478,000 21,301,000 6,104,000 28,081,000 7,352,000 19,565,000 12,807,000 34,863,000 20,823,000 19,103,000 
      capex
    		-2,102,000 -1,716,000 -1,763,000 -1,860,000 -1,907,000 -1,929,000 -2,842,000 -2,484,000 -2,809,000 -2,058,000 -2,152,000 -2,653,000 -2,618,000 -1,941,000 -1,467,000 -1,513,000 
      free cash flows
    		17,095,000 40,634,000 12,050,000 18,735,000 12,449,000 27,109,000 9,636,000 18,817,000 3,295,000 26,023,000 5,200,000 16,912,000 10,189,000 32,922,000 19,356,000 17,590,000 
      cash flows from investing activities:
    		                
      capitalized software additions
    		-1,948,000 -1,620,000 -1,609,000 -1,799,000 -1,847,000 -1,837,000 -2,246,000 -2,442,000 -2,638,000 -1,924,000 -1,905,000 -2,244,000 -2,557,000 -1,522,000 -1,316,000 -1,374,000 
      purchases of property and equipment
    		-154,000 -96,000 -154,000 -61,000 -60,000 -92,000 -596,000 -42,000 -171,000 -134,000 -247,000 -409,000 -61,000 -419,000 -151,000 -139,000 
      net cash from investing activities
    		-2,102,000 -1,716,000 -1,763,000 -1,860,000 -1,907,000 -1,929,000 -4,061,000 -1,265,000 27,517,000 -2,058,000 -63,981,000 -2,732,000 -55,677,000 -1,941,000 -652,000 -1,500,000 
      cash flows from financing activities:
    		                
      repurchases of common stock
    		  0 -31,059,000 -29,788,000 -44,000,000 -25,511,000 -30,515,000 -1,655,000 -3,490,000 -3,113,000 -69,000     
      excise taxes paid on share repurchases
    		                
      proceeds from exercise of stock options
    		27,000 14,000 2,157,000 4,006,000 531,000 191,000 740,000 608,000 431,000 594,000 25,000 0 7,000 179,000 397,000  
      proceeds from employee stock purchase plan
    		  863,000 0   886,000 0   855,000 0     
      taxes paid related to net share settlement of restricted stock units
    		-1,394,000 -3,326,000 -2,976,000 -1,234,000 -1,382,000 -294,000 -264,000          
      principal payments of debt
    		-1,178,000 -1,192,000 -1,192,000 -1,190,000 -1,190,000 -1,088,000 -1,087,000          
      proceeds from debt issuance
    		                
      payments of debt issuance costs
    		  0 0           -5,237,000 0 
      payments of deferred offering costs
    		  0 -1,000 0 -74,000         -355,000 -2,427,000 
      net cash from financing activities
    		-54,902,000 -4,504,000 -1,551,000 -29,478,000 18,275,000 -45,265,000 -25,536,000 -31,348,000 -2,545,000 -4,007,000 -3,343,000 -1,340,000 -3,617,000 179,000 445,000 43,969,000 
      net increase in cash and cash equivalents
    		-37,807,000 36,130,000 10,499,000 -10,743,000 30,724,000 -18,156,000 -17,119,000 -11,312,000 31,076,000 22,016,000       
      cash and cash equivalents, beginning of period
    		0 92,765,000 0 0 0 80,441,000 0 0 0 55,780,000       
      cash and cash equivalents, end of period
    		-37,807,000 128,895,000 10,499,000 -10,743,000 30,724,000 62,285,000 -17,119,000 -11,312,000 31,076,000 77,796,000       
      loss on disposal of property and equipment
    		  12,000 84,000 0 6,000           
      gain on change in fair value of earnout
    		          0      
      changes in operating assets and liabilities, net of acquisitions:
    		                
      prepaid expenses and other assets
    		  -3,759,000 -1,699,000 763,000 -960,000 930,000 -2,200,000 -759,000 -1,636,000 2,777,000 -3,141,000 1,121,000 -460,000 453,000 -4,405,000 
      accrued liabilities
    		  -2,856,000 1,221,000 2,224,000 -2,501,000 -1,732,000 881,000 -3,369,000 1,706,000 -2,034,000 1,818,000 -2,259,000 194,000 1,969,000 810,000 
      return (payment) of escrow deposit
    		      0 0         
      funds received in connection with former business combination
    		                
      funds paid in connection with former business combination
    		                
      acquisition, net of cash acquired – beanstalk networks llc
    		                
      acquisition, net of cash and restricted cash acquired – streetshares, inc.
    		          1,000 -79,000     
      payment of regulation a+ investor note
    		          0 0     
      depreciation and amortization
    		   14,593,000 14,572,000 14,524,000 14,441,000 14,433,000 14,424,000 14,531,000 14,236,000 13,370,000 13,471,000 12,905,000 12,799,000 12,697,000 
      return of escrow deposit
    		                
      proceeds from debt
    		   0             
      loss on sublease liability
    		              0 0 
      loss on debt repayment and extinguishment
    		                
      other adjustments
    		              0 -2,000 
      deferred rent
    		              -23,000 -22,000 
      acquisition, net of cash and restricted cash acquired – saylent technologies, inc.
    		                
      acquisition, net of cash acquired – tazworks, llc
    		                
      repurchases of class a units
    		              0 0 
      repurchases of class b units
    		              0 0 
      proceeds from initial public offering, net of underwriters’ discounts and commissions
    		              80,000  
      payment due to effect of corporate conversion
    		              0  
      proceeds from long-term debt
    		              435,000,000 0 
      payments of class a cumulative preferred return
    		              0 0 
      payment to sellers of saylent technologies, inc.
    		                
      payment to sellers of teledata communications, inc
    		              0  
      holdback payment to sellers of meridianlink
    		              0  
      acquisition, net of cash acquired – beanstalk networks l.l.c.
    		       0         
      funds payable in connection with former business combination
    		                
      loss on disposal of fixed assets
    		          514,000 29,000 0 135,000  317,000 
      taxes paid related to net share settlement of rsus
    		        -1,026,000 -24,000 -22,000      
      principal payments of long-term debt
    		        -1,088,000 -1,087,000 -1,088,000 -1,087,000   -428,665,000 -200,000,000 
      impairment of trademarks
    		                
      acquisition, net of cash acquired – teledata communications, inc.
    		                
      escrow deposit
    		          0 0     
      payments of financing obligation due to related party
    		                
      net increase in cash, cash equivalents and restricted cash
    		          -59,972,000   33,101,000 20,616,000 61,572,000 
      cash, cash equivalents and restricted cash, beginning of period
    		          0 0 0 113,645,000 0  
      cash, cash equivalents and restricted cash, end of period
    		          -59,972,000 15,493,000 -46,487,000 146,746,000 20,616,000  
      reconciliation of cash, cash equivalents, and restricted cash
    		                
      cash and cash equivalents
    		          -59,972,000 15,493,000 -46,487,000 146,746,000 20,616,000 63,793,000 
      restricted cash
    		                
      cash, cash equivalents, and restricted cash
    		          -59,972,000 15,493,000 -46,487,000 146,746,000 20,616,000 61,572,000 
      benefit from doubtful accounts
    		                
      net decrease in cash, cash equivalents and restricted cash
    		                
      loss on disposal of fixed assets and termination of financing obligation
    		                
      related party receivable due from sellers of meridianlink
    		                
      proceeds from financing obligation due to related party
    		                
      payments to sellers of meridianlink
    		                
      stock/unit-based compensation expense
    		                
      loss on debt repayment
    		                
      acquisitions, net of cash acquired – tazworks, llc
    		               1,000 
      acquisitions, net of cash acquired – saylent technologies, inc
    		               12,000 
      unit-based compensation expense
    		                
      holdback payment to prior shareholders
    		                
      cash, cash equivalents, and restricted cash, beginning of period
    		                
      cash, cash equivalents, and restricted cash, end of period
    		                
      supplemental disclosures of cash flow information:
    		                
      cash paid for interest
    		                
      cash paid for income taxes
    		                
      non-cash investing and financing activities:
    		                
      purchases of property and equipment included in accounts payable and accrued expenses
    		                
      deferred offering costs included in accounts payable and accrued expenses
    		                
      vesting of class b units
    		                
      paycheck protection program (“ppp”) loan forgiven, reclassified from long- and short-term debt to payable due to sellers of teledata communications, inc
    		                
      related party receivable net against holdback payment to prior shareholders
    		                
    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.