7Baggers
Quarterly
Annual
    Unit: USD2024-10-31 2024-07-31 2024-04-30 2024-01-31 2023-10-31 2023-07-31 2023-04-30 2023-01-31 2022-10-31 2022-07-31 2022-04-30 2022-01-31 2021-10-31 2021-07-31 
      
    		              
      cash flows from operating activities
    		              
      net income
    		11,185,000 11,296,000 13,321,000 15,854,000 15,550,000 17,768,000 16,794,000 14,915,000 19,809,000 5,422,000 15,565,000 17,927,000 21,313,000 7,426,000 
      adjustments to reconcile net income to net cash from operating activities:
    		              
      depreciation and amortization
    		10,631,000 10,470,000 9,661,000 9,708,000 7,329,000 7,240,000 7,238,000 7,533,000 5,757,000 6,082,000 6,236,000 6,280,000 4,829,000 4,909,000 
      gain on disposal of assets
    		-61,000    -42,000   125,000 -32,000      
      change in fair value of derivatives
    		137,000 2,433,000 -2,975,000 3,147,000 -1,889,000 -2,909,000 882,000 2,429,000 -368,000 252,000 -990,000 -515,000 -442,000 -1,030,000 
      amortization of debt issuance costs
    		194,000 193,000 194,000 194,000 194,000 201,000 181,000 191,000 402,000 402,000 402,000 402,000 402,000 402,000 
      equity-based compensation
    		2,254,000 2,359,000 1,746,000 2,064,000 1,150,000 1,549,000 1,756,000 1,805,000 1,180,000 1,283,000 1,365,000 1,416,000 1,459,000 1,284,000 
      change in operating assets and liabilities; net of acquisition:
    		              
      accounts receivable trade
    		-35,754,000 -7,367,000 6,928,000 19,432,000 -22,547,000 -5,431,000 5,050,000 21,321,000 -32,619,000 2,078,000 3,904,000 16,610,000 -26,365,000 10,702,000 
      due from related party
    		10,623,000              
      inventories
    		-80,443,000 6,831,000 -7,000 -2,572,000 -66,115,000 5,384,000 603,000 15,745,000 -55,626,000 5,522,000 5,454,000 21,693,000 -51,487,000 1,088,000 
      prepaid expenses and other current assets
    		3,550,000 -6,874,000 6,181,000 -3,861,000 1,781,000  1,607,000 -416,000 442,000 -5,060,000 2,128,000 -831,000 470,000 -745,000 
      other assets
    		-212,000 -1,057,000 -69,000 -967,000 283,000          
      accounts payable
    		61,149,000 -496,000 -10,133,000 -18,655,000 28,045,000 1,901,000 -15,372,000 -27,650,000 42,670,000 -1,797,000 -4,842,000 -42,378,000 48,755,000 -4,221,000 
      accrued expenses
    		37,058,000 -5,501,000 4,558,000 -62,185,000 51,985,000 3,321,000 2,851,000 -36,432,000 37,262,000 3,131,000 -2,071,000 -22,556,000 29,177,000 -4,050,000 
      accrued compensation
    		-3,392,000 584,000 1,144,000 730,000 -7,808,000 4,398,000 2,838,000 64,000 -3,733,000 1,867,000 -1,691,000 1,961,000 -6,090,000 3,073,000 
      deferred revenue
    		12,184,000 -995,000 -4,136,000 -5,988,000 11,132,000 -12,890,000 9,871,000 -8,784,000 11,797,000 -3,255,000 3,385,000 -3,790,000 830,000 2,336,000 
      due to related party
    		-1,372,000              
      other current and non-current liabilities
    		-496,000 -885,000 -953,000 -859,000 -982,000          
      net cash from operating activities
    		27,235,000 4,569,000 25,452,000 -43,927,000 18,066,000 18,339,000 33,656,000 -8,287,000 26,384,000 20,977,000 29,027,000 -3,919,000 22,747,000 22,736,000 
      capex
    		-11,556,000 0 -4,336,000 -6,735,000 -10,395,000 0 -1,723,000 -5,970,000 -6,418,000 -19,766,000 -1,470,000 -17,463,000 -5,945,000 -2,237,000 
      free cash flows
    		15,679,000 4,569,000 21,116,000 -50,662,000 7,671,000 18,339,000 31,933,000 -14,257,000 19,966,000 1,211,000 27,557,000 -21,382,000 16,802,000 20,499,000 
      cash flows from investing activities
    		              
      purchases of property and equipment, net of sales proceeds
    		-11,556,000  -4,336,000 -6,735,000 -10,395,000  -1,723,000 -5,970,000 -6,418,000      
      net cash from investing activities
    		-11,556,000 -6,194,000 -53,950,000 -6,735,000 -10,395,000 -58,461,000 -1,723,000 -5,970,000 -6,418,000 -18,936,000 -1,462,000 -17,440,000 -5,896,000 -2,167,000 
      cash flows from financing activities
    		              
      payments under line of credit
    		-18,000,000 -18,000,000 -16,000,000 0 -13,000,000 -2,000,000 0 -99,000,000 -20,000,000  -25,000,000 -24,000,000 -28,000,000  
      borrowings under line of credit
    		 17,000,000 50,000,000 45,000,000 23,000,000 15,000,000 0 4,000,000 5,000,000  5,000,000 48,000,000 15,000,000  
      payments of long-term debt
    		-2,500,000 -2,500,000 -2,500,000 -2,500,000 -2,500,000 -2,500,000 -2,500,000 -112,358,000 -2,808,000 -2,809,000 -2,842,000 -2,848,000 -2,848,000 -3,274,000 
      taxes paid related to net share settlement of equity awards
    		-644,000 134,000 -288,000 0 -342,000 -32,000    -6,000     
      net cash from financing activities
    		-21,144,000 -3,238,000 31,094,000 42,619,000 7,158,000 10,398,000 -3,148,000 16,224,000 -17,808,000 -7,528,000 -23,681,000 20,882,000 -15,848,000 -21,352,000 
      net increase in cash
    		-5,465,000 -4,863,000 2,596,000 -8,043,000 14,829,000 -29,724,000 28,785,000 1,967,000 2,158,000 -5,487,000 3,884,000 -477,000 1,003,000 -783,000 
      cash - beginning of period
    		10,872,000  0 0 6,353,000  0        
      cash - end of period
    		5,407,000  2,596,000 -8,043,000 21,182,000  28,785,000        
      supplemental cash flow information
    		              
      interest paid, net of amount capitalized
    		4,585,000 5,329,000 4,640,000 4,295,000 4,009,000 5,972,000 2,772,000 -128,000 1,777,000      
      income taxes paid
    		 6,057,000 4,569,000 11,877,000 11,607,000 641,000 300,000        
      non-cash investing activities
    		              
      property and equipment additions in accounts payable and accrued expenses
    		2,568,000 8,147,000 -7,000 -2,893,000 3,300,000 3,028,000 -135,000 -3,309,000 3,776,000 1,187,000 314,000 -1,600,000 1,793,000 730,000 
      deferred income taxes
    		              
      impairment loss
    		              
      inventory reserve adjustments
    		              
      purchases of property and equipment
    		         -19,766,000 -1,470,000 -17,463,000 -5,945,000 -2,237,000 
      proceeds from sales of property and equipment
    		         830,000 8,000 23,000 49,000 70,000 
      acquisition of business, net of cash acquired
    		 0             
      issuance of long-term debt
    		     0 0       0 
      proceeds from employee stock purchase plan
    		 128,000 0   169,000 0        
      payment of equity issuance costs
    		 0             
      debt issuance costs
    		             0 
      payments of deferred offering costs
    		         0 0   -3,078,000 
      cash - beginning of year
    		        3,167,000 0 0 0 4,244,000 0 
      cash - end of year
    		        5,325,000 -5,487,000 3,884,000 -477,000 5,247,000 -783,000 
      non-cash investing and financing activities
    		              
      consideration payable for the acquisition of sonoma-cutrer in due to related party
    		              
      value of shares issued related to the acquisition of sonoma-cutrer
    		 0             
      (gain) loss on disposal of assets
    		  -8,000            
      change in operating assets and liabilities; net of acquisition
    		              
      payments for debt issuance costs
    		      0        
      consideration payable for the acquisition of sonoma-cutrer in accrued expenses
    		              
      change in operating assets and liabilities:
    		              
      wholesale - distributors
    		    77,000  7,300 -15,100 76,400  -5,200 -1,300 68,500  
      wholesale - california direct to trade
    		    15,600  -1,600 3,300 15,800      
      dtc
    		    7,400  -5,700 11,800 7,800  8,400 -2,100 15,100  
      net sales
    		    100,000  0 0 100,000  0 0 100,000  
      loss on debt extinguishment
    		             0 
      prepaid expenses and other assets
    		              
      dividend to parent
    		             0 
      proceeds from issuance of common stock pursuant to the initial public offering, net of underwriters’ discounts and commissions
    		              
      repayment of capital lease
    		              
      cash paid during the year
    		              
      loss on disposal of assets
    		            -46,000 -55,000 
      other long-term assets
    		      47,000 -677,000 122,000 1,304,000 171,000 -159,000 -58,000 -29,000 
      other current and long-term liabilities
    		      -672,000 1,544,000 -679,000 -3,894,000 -14,000   -383,000 
      supplemental cash-flow information
    		              
      proceeds from issuance of common stock pursuant to the initial public offering, net of underwriters' discounts and commissions
    		             0 
      payments under revolving line of credit
    		              
      borrowings under revolving line of credit
    		              
      extinguishment of long-term debt
    		             0 
      repayment of capital leases
    		             0 
      cash paid during the year for:
    		              
      interest, net of amount capitalized
    		              
      income taxes
    		              
      non cash investing and financing activities
    		              
      deferred offering costs in accounts payable, accrued expenses and prepaid expenses
    		              
      cashless exercise of stock options
    		              
      wholesale - california direct to retail
    		          -3,200 3,400 16,400  
      change in operating assets and liabilities, net of effects of acquisition
    		              
      business acquisition, net of cash acquired
    		              
      capital contribution from parent
    		              
      capital lease additions
    		              
      index to notes
    		              
    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.