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 
      
    		                
      cash flows from operating activities:
    		                
      net income
    		-19,234,000 -49,075,000 -16,829,000 -39,860,000 -18,730,000 -22,328,000 -3,681,000 -32,578,000 7,520,000 -58,528,000 -62,365,000 -7,914,000 -32,828,000 33,837,000 79,792,000 -146,423,928 
      adjustments to reconcile net income to net cash from operating activities:
    		                
      depreciation and amortization
    		881,000                
      amortization of intangible assets
    		4,735,000 4,734,000 4,734,000  4,717,000 4,774,000 4,774,000  4,774,000 4,736,000 4,536,000      
      non-cash lease expense
    		437,000 435,000 461,000 172,000 538,000 577,000 601,000 587,000 937,000 0 512,000 727,000 0 237,000 243,000  
      stock-based compensation expense
    		467,000 -913,000 6,972,000 5,020,000 11,372,000 13,091,000 13,548,000 12,218,000 12,079,000 12,570,000 17,161,000 11,152,000 15,774,000 11,036,000 25,326,000  
      allowance for expected credit losses
    		232,000 404,000 346,000 6,636,000             
      income from equity method investment
    		322,000 225,000 280,000              
      loss on disposition of capital assets
    		0                
      gain from change in fair value of earnout liability
    		844,000 27,964,000 -8,113,000          6,098,000 -54,854,000 -63,406,000  
      deferred income taxes
    		-35,000 -22,000 -13,000     -789,000 0 0 5,000 -13,109,000     
      change in operating assets and liabilities:
    		                
      accounts receivable
    		2,456,000 -453,000 1,209,000 5,683,000 -4,675,000 -480,000 3,659,000 -8,285,000 -2,420,000 -7,730,000 1,704,000 1,732,000 665,000 214,000 -1,358,000  
      inventories
    		459,000 938,000 -585,000 5,807,000 3,875,000 7,085,000 -10,010,000          
      prepaid expenses and other current assets
    		242,000 603,000 -609,000 91,000 586,000 836,000 595,000 -2,108,000 -220,000 -1,411,000 743,000 -235,000 -591,000 1,035,000 -109,000  
      other assets
    		25,000 947,000 7,000 67,000 -51,000 438,000 138,000 476,000 -5,000 -32,000 -1,612,000 -946,000 80,000 -973,000 1,391,000  
      accounts payable, accrued compensation and other accrued expenses
    		-1,404,000 2,457,000 -1,729,000 7,064,000 506,000 -9,841,000 -532,000          
      operating lease liability
    		-445,000 -354,000 -471,000 -347,000 -295,000 -584,000 -519,000 -494,000 -925,000 -16,000 -511,000 -605,000 115,000 -340,000 -241,000  
      customer deposit and deferred revenue
    		   -2,006,000 -4,198,000            
      net cash from operating activities
    		-10,018,000 -11,232,000 -13,533,000 -10,190,000 -13,725,000 -15,125,000 -19,783,000 -22,656,000 -244,000 -9,278,000 -7,920,000 -8,960,000 -17,154,000 -7,782,000 -10,601,000 -39,845,766 
      capex
    		-710,000 -679,000 -41,000 -562,000 -570,000 -2,741,000 -2,898,000 -1,372,000 -1,706,000 -889,000 -815,000 -1,159,000 -1,180,000 -2,011,000 -294,000 0 
      free cash flows
    		-10,728,000 -11,911,000 -13,574,000 -10,752,000 -14,295,000 -17,866,000 -22,681,000 -24,028,000 -1,950,000 -10,167,000 -8,735,000 -10,119,000 -18,334,000 -9,793,000 -10,895,000 -39,845,766 
      cash flows from investing activities:
    		                
      proceeds from disposition of property and equipment
    		                
      investment purchases
    		   0 0 0 -2,500,000  0 0 -1,000,000      
      purchases of property and equipment
    		-710,000 -679,000 -41,000 -562,000 -570,000 -2,741,000 -2,898,000 -1,372,000 -1,706,000 -889,000 -815,000 -1,159,000 -1,180,000 -2,011,000 -294,000  
      net cash from investing activities
    		-710,000 -633,000 -41,000 -562,000 -570,000 -2,741,000 -5,398,000 -1,372,000 -1,706,000 -889,000 -1,815,000 -1,161,000 -98,390,000 -5,065,000 -2,992,000  
      cash flows from financing activities:
    		                
      proceeds from the issuance of the at-the-market offerings
    		0                
      costs for the issuance of common stock/at-the-market offering
    		0                
      proceeds from issuance of common stock in connection stock option exercises
    		5,000 892,000 131,000  19,000 179,000 236,000  900,000 633,000 221,000 199,000 632,000 354,000 526,000  
      proceeds from employee stock purchase plan
    		680,000 0 818,000 0 895,000 0 1,788,000          
      payments on finance lease obligations
    		-77,000                
      net cash from financing activities
    		608,000 97,591,000 949,000 378,000 914,000 179,000 2,024,000 169,000 900,000 87,092,000 221,000 -4,334,000 -168,000 -446,000 -862,000 274,576,981 
      net increase in cash
    		-10,120,000 85,726,000 -12,625,000              
      cash, cash equivalents, and restricted cash at beginning of period
    		0 0 88,240,000              
      cash, cash equivalents, and restricted cash at end of period
    		-10,120,000 85,726,000 75,615,000              
      reconciliation of cash, cash equivalents and restricted cash
    		                
      cash and cash equivalents
    		-10,638,000 86,057,000 75,132,000              
      restricted cash
    		518,000 -331,000 483,000              
      total cash, cash equivalents and restricted cash
    		-10,120,000 85,726,000 75,615,000              
      supplemental disclosure of cash flow information:
    		                
      cash paid for income taxes
    		72,000 123,000 64,000 98,000 82,000 89,000 27,000    10,000  175,000 165,000 23,000  
      cash paid for interest
    		11,000            73,000 65,000 67,000  
      capital expenditures in accounts payable
    		-111,000 -47,000 314,000  -23,000 -528,000 942,000  584,000 -48,000 228,000  -70,000    
      shares issued in connection with annual bonus
    		0 0 2,988,000              
      noncash finance lease acquisition
    		0                
      proceeds from disposition of capital assets
    		                
      depreciation
    		  807,000 770,000 748,000 727,000 722,000 610,000 569,000 475,000 506,000 348,000 280,000 227,000 125,000  
      amortization of intangibles
    		           4,451,000 2,237,000 83,000 88,000  
      impairment of other asset
    		                
      other
    		       0   85,000 2,176,000 1,019,000 1,512,000 -357,000  
      gain from change in fair value of investment
    		                
      (gain) income from change in fair value of earnout liability
    		   6,276,000 -9,171,000 -7,550,000 -26,199,000 8,285,000 -34,473,000 32,224,000 27,752,000      
      loss on disposition of property and equipment
    		                
      non-cash bonus accruals
    		                
      proceeds from issuance of common stock in connection with stock option exercises
    		                
      proceeds from issuance of common stock in may 2023 public offering
    		       0 0        
      payment of may 2023 public offering costs
    		       0 0        
      capital expenditures not yet paid
    		                
      shares issued in connection with buyout agreement
    		        0 0 22,400,000      
      net increase in cash and cash equivalents
    		       -23,859,000 -1,050,000        
      cash and cash equivalents at beginning of period
    		    0 0 152,839,000 0 0 0 110,337,000 0 0 0 268,252,000  
      cash and cash equivalents at end of period
    		    -13,381,000 -17,687,000 129,682,000 -23,859,000 -1,050,000 76,925,000 100,823,000 -14,455,000 -115,712,000 -13,293,000 253,797,000  
      amortization of debt discount and issuance costs
    		           10,000 1,000 3,000 3,000  
      net decrease in cash and cash equivalents
    		     -17,687,000 -23,157,000    -9,514,000  -115,712,000 -13,293,000 -14,455,000  
      customer deposit
    		      -2,879,000          
      gain from change in fair value of warrants
    		            0 0 -51,763,000  
      inventory
    		       -7,262,000 2,991,000 -22,000 188,000 -2,017,000 -714,000 -865,000 -1,152,000  
      accounts payable, accrued compensation and other incomes
    		         8,456,000 3,376,000    817,000  
      deferred revenue
    		                
      investment purchase
    		                
      business acquisitions, net of cash acquired
    		           -2,000     
      investment in joint venture
    		           0 0 -2,500,000 -2,704,000  
      investment in preferred stock
    		           0     
      receipts on notes receivable
    		           0 0 91,000 6,000  
      redemption of warrants
    		           0 0 0 -38,000  
      repurchase of common stock
    		           0 0 0 -550,000  
      principal payments on long-term debt
    		           -4,533,000 -800,000 -800,000 -800,000  
      supplemental disclosure of non-cash investing and financing activities:
    		                
      net assets acquired through change in control of joint venture
    		                
      shares issued for business acquisition
    		            146,312,000    
      accounts payable, accrued compensation and deferred revenue
    		                
      payment of debt issuance costs
    		                
      amortization of deferred rent
    		                
      (gain) income from change in fair value of warrants
    		                
      asset acquisition
    		                
      proceeds from reverse recapitalization
    		                
      payment of stock issuance costs
    		                
      proceeds from issuance of long-term debt
    		                
      accounts payable, accrued compensation and other liabilities
    		            895,000    
      payment of deferred offering costs
    		                
      effect of exchange rate changes on cash
    		                
      deferred offering costs in other current assets and accounts payable and accrued expenses
    		                
      business acquisition, net of cash acquired
    		                
      income from change in fair value of warrants
    		                
      income from change in fair value of earnout liability
    		                
      repayment of notes receivable
    		                
      proceeds from issuance of preferred stock
    		                
      payment of preferred stock issuance costs
    		                
      proceeds from issuance of common stock
    		                
      net increase in cash, cash equivalents and restricted cash
    		                
      cash, cash equivalents and restricted cash at beginning of period
    		                
      cash, cash equivalents and restricted cash at end of period
    		                
      payable for asset acquisition
    		                
      warrants issued in connection with debt
    		                
      change in fair value of warrant liabilities
    		                
      interest earned on investments held in trust account
    		                
      changes in operating assets and liabilities:
    		                
      prepaid expenses
    		                
      accrued expenses
    		                
      proceeds from issuance of class b common stock to sponsor
    		                
      proceeds from promissory note – related party
    		                
      payment of offering costs
    		                
      net change in cash
    		                
      cash – beginning of period
    		                
      cash – end of period
    		                
      ●
    		                
      redeemable class a common stock
    		                
      numerator: earnings allocable to redeemable class a common stock
    		                
      interest income
    		                
      income and franchise tax
    		                
      net earnings
    		                
      denominator: weighted-average redeemable class a common stock
    		                
      redeemable class a common stock, basic and diluted
    		                
      earnings/basic and diluted redeemable class a common stock
    		                
      non-redeemable class b common stock
    		                
      numerator: net income minus redeemable net earnings
    		                
      redeemable net earnings
    		                
      non-redeemable net income
    		                
      denominator: weighted-average non-redeemable common stock
    		                
      non-redeemable class b common stock, basic and diluted
    		                
      loss/basic and diluted non-redeemable class b common stock
    		                
    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.