7Baggers
Quarterly
Annual
    Unit: USD2024-12-31 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 2021-03-31 
      
    		              
      cash flows from operating activities
    		              
      net income
    		-40,506,000 -38,401,000 -141,586,000 -36,128,000 -43,945,000 -44,754,000 -56,536,000 -53,842,000 -60,350,000 -58,259,000 -64,634,000 71,904,000 -160,990,000 -29,974,034 
      adjustments to reconcile net income to net cash from operating activities:
    		              
      depreciation and amortization
    		5,958,000 5,891,000 5,817,000 5,576,000 5,307,000 5,028,000 4,711,000 4,391,000 4,060,000 3,674,000 3,100,000 2,463,000 1,703,000  
      amortization of investment premiums, net of accretion of discounts
    		    -3,408,000 -3,192,000 -1,638,000 -681,000 407,000 688,000 875,000 954,000 957,000  
      investment impairment
    		              
      stock-based compensation, net of amounts capitalized
    		28,234,000 28,392,000 28,478,000 27,951,000 28,101,000 27,421,000 32,179,000 31,074,000 31,752,000 29,505,000 31,956,000 55,277,000 68,608,000  
      cease use of certain leased facilities
    		    838,000          
      change in fair value of warrants liability
    		-62,000 -169,000 944,000 120,000 51,000 -513,000 171,000 -222,000       
      change in fair value of contingent earn-out liability
    		        0 0 0 -136,043,000 41,976,000  
      deferred income taxes
    		    64,000 0 -1,000 -184,000 78,000 -96,000 296,000 -227,000   
      allowance for doubtful accounts
    		174,000 260,000 506,000 -241,000 451,000 101,000 -240,000 289,000 902,000 148,000 4,000 191,000 -238,000  
      loss of excess inventory and purchase obligation
    		    229,000 0 970,000 622,000       
      other
    		435,000 -337,000 122,000 154,000 -125,000 165,000 156,000 -381,000 -876,000 365,000 271,000 45,000 -295,000  
      changes in operating assets and liabilities, net of effects of businesses acquired:
    		              
      accounts receivable
    		1,564,000 2,084,000 706,000 -1,308,000 -171,000 1,343,000 3,407,000 -1,261,000 -2,230,000 -3,953,000 562,000 -3,988,000 -1,070,000  
      inventories
    		2,007,000 1,182,000 -308,000 658,000 3,003,000 -1,046,000 -2,529,000 -3,258,000 -349,000 -5,254,000 -1,308,000 427,000 -1,604,000  
      prepaid expenses and other assets
    		21,000 -1,028,000 1,203,000 481,000 545,000 -1,761,000 2,944,000 1,308,000 3,357,000 -2,402,000 -1,375,000 -1,571,000 -52,000  
      accounts payable
    		1,392,000 -1,860,000 2,743,000 -657,000 -1,008,000 432,000 2,118,000 -2,287,000 -1,086,000 -6,521,000 1,708,000 659,000 5,385,000  
      deferred revenue
    		681,000 -879,000 626,000 2,672,000 1,976,000 1,602,000 3,084,000 1,841,000 2,818,000 526,000 31,000 2,610,000 3,099,000  
      accrued expenses and other liabilities
    		-1,696,000 -363,000 95,315,000 -202,000 -2,304,000 -427,000 -1,237,000 2,193,000 -2,899,000 499,000 428,000 3,254,000 995,000  
      net cash from operating activities
    		-2,678,000 -6,865,000 -7,927,000 -3,843,000 -10,396,000 -15,478,000 -12,441,000 -20,398,000 -19,204,000 -41,080,000 -32,800,000 -25,478,000 -17,717,000 -1,034,834 
      capex
    		-2,550,000 -2,454,000 -2,350,000 -2,212,000 -2,264,000 -2,291,000 -2,695,000 -2,654,000 -3,013,000 -3,355,000 -3,908,000 -4,044,000 -2,241,000 0 
      free cash flows
    		-5,228,000 -9,319,000 -10,277,000 -6,055,000 -12,660,000 -17,769,000 -15,136,000 -23,052,000 -22,217,000 -44,435,000 -36,708,000 -29,522,000 -19,958,000 -1,034,834 
      cash flows from investing activities:
    		              
      purchases of property and equipment
    		-76,000 -98,000 -29,000 -43,000 -27,000 -11,000 -14,000 -87,000 -313,000 -551,000 -418,000 -448,000 -274,000  
      capitalized software and development costs
    		-2,474,000 -2,356,000 -2,321,000 -2,169,000 -2,237,000 -2,280,000 -2,681,000 -2,567,000 -2,700,000 -2,804,000 -3,490,000 -3,596,000 -1,967,000  
      purchase of investments
    		-53,258,000 -30,074,000 -27,839,000 -99,609,000 -76,576,000 -116,516,000 -194,026,000 -57,577,000 -49,634,000 0 -57,619,000 -30,378,000 -66,095,000  
      maturities of investments
    		53,000,000 71,000,000 84,000,000 102,106,000 90,052,000 133,600,000 145,795,000 108,806,000 104,761,000 34,117,000 113,924,000 46,200,000   
      business acquisitions, net of cash acquired
    		    0 -2,440,000 0 -1,676,000 0 -21,854,000 0 -30,020,000   
      net cash from investing activities
    		-2,808,000 38,472,000 53,811,000 285,000 11,212,000 12,353,000 -50,926,000 46,899,000 52,114,000 8,908,000 52,397,000 -18,242,000 -68,586,000 -13,707 
      cash flow from financing activities:
    		              
      proceeds from sales of shares through employee equity incentive plans
    		    1,815,000 1,114,000   1,489,000 400,000     
      payments for taxes related to net settlement of equity awards
    		    0 0 0 -329,000 0 0 -1,087,000 -33,337,000   
      proceeds from exercise of warrants
    		        0 0 0 27,844,000   
      net cash from financing activities
    		939,000 312,000 1,073,000 259,000 1,815,000 1,114,000 1,509,000 357,000 1,489,000 400,000 1,614,000 -3,226,000 76,779,000 591,870 
      net change in cash, cash equivalents, and restricted cash
    		-4,547,000    2,631,000 -2,011,000 -61,858,000 26,858,000 34,399,000 -31,772,000 21,211,000 -46,946,000 -9,524,000  
      effect of exchange rate changes on cash
    		-435,000 337,000 -122,000 -154,000 129,000 -163,000 -141,000 329,000 877,000 -299,000 -284,000 -45,000 190,000  
      cash, cash equivalents, and restricted cash at beginning of year
    		0    0 0 0 117,128,000 0 0 0 139,987,000 0  
      cash, cash equivalents, and restricted cash at end of period
    		-4,982,000    2,760,000 -2,174,000 -61,999,000 144,315,000 35,276,000 -32,071,000 20,927,000 92,996,000 -9,334,000  
      supplemental disclosures of cash flow information
    		              
      cash paid for taxes
    		              
      supplemental disclosures of non-cash investing and financing information
    		              
      earn-out liability recognized upon the re-allocation
    		        0 0 0 896,000   
      reclassification of remaining contingent earn-out liability upon triggering events
    		        -1,000 0 0 242,430,000   
      common stock issued in connection with acquisition
    		    0 1,827,000 0 3,921,000 0 101,000 0 19,118,000   
      unpaid cash consideration in connection with acquisition
    		      0 2,434,000 0 0 0 4,348,000   
      accretion of discounts, net of amortization of investment premiums
    		 -1,637,000 -2,493,000 -2,919,000           
      income from excess inventory and purchase obligation
    		              
      proceeds from the sales of shares through employee equity incentive plans
    		 312,000 1,073,000 259,000           
      net change in cash and cash equivalents
    		  46,957,000 -3,299,000           
      cash and cash equivalents, at beginning of year
    		  0 82,902,000           
      cash and cash equivalents, at end of period
    		  46,835,000 79,449,000           
      amortization of debt discount
    		            0  
      transaction costs
    		            0  
      loss on extinguishment of debt and convertible notes
    		            0  
      investment in convertible notes
    		            0  
      proceeds from reverse recapitalization and pipe financing
    		            0  
      payment of transaction costs related to reverse recapitalization
    		            -200,000  
      repayment of debt
    		            0  
      cash paid for interest
    		            0  
      property, equipment and capitalized software and development costs included in accounts payable and accrued expenses and other liabilities
    		          -112,000 270,000   
      proceeds from exercise of stock options
    		       686,000    2,191,000 372,000  
      change in fair value of warrants liabilities
    		        -888,000 0 -4,714,000 -21,433,000 24,194,000  
      investment in privately held companies
    		              
      proceeds from issuance of redeemable convertible preferred stock
    		              
      proceeds from debt
    		              
      proceeds from convertible notes, net of issuance costs
    		              
      settlement of vested stock options
    		              
      repurchase of common stock
    		              
      exchange of convertible notes for redeemable convertible preferred stock
    		              
      unpaid transaction costs
    		              
      loss on disposal of property, plant, and equipment
    		              
      changes in operating assets and liabilities:
    		              
      contingent earn-out liability recognized upon the closing of the reverse recapitalization and re-allocation
    		              
      conversion of redeemable convertible preferred stock into common stock in connection with the reverse recapitalization
    		            0  
      contingent earn-out liability recognized upon the closing of the reverse recapitalization
    		              
      changes in state franchise tax accrual
    		             -5,241 
      changes in prepaid assets
    		             61,773 
      changes in accrued expenses, formation and offering costs
    		             2,183,895 
      change in fair value of warrant liability
    		             26,672,500 
      changes in deferred income tax
    		             26,273 
      cash from investing activities:
    		              
      interest and dividends reinvested in the trust account
    		             -13,707 
      cash flows from financing activities:
    		              
      proceeds from notes and advances payable – related party
    		             600,000 
      payment of issuance expenses
    		             -8,130 
      increase in cash
    		             -456,671 
      cash at beginning of period
    		             633,266 
      cash at end of period
    		             176,595 
      supplemental disclosure of income and franchise taxes paid:
    		              
      cash paid for income and state franchise taxes
    		             55,241 
      1.
    		              
      basic and diluted net income/(loss) per share:
    		              
      numerator:
    		              
      allocation of net income/
    		             -23,985,731 
      denominator:
    		              
      weighted-average shares outstanding
    		             34,500,000 
      basic and diluted net income/(loss) per share
    		             -0.7 
      
    		              
    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.