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 2021-06-30 2021-03-31 
      
    		                  
      operating activities
    		                  
      net income
    		1,580,000 1,806,000 -635,000 -3,635,000 5,729,000 -2,356,000 -15,746,000 -11,759,000 -17,076,000 -13,706,000 -8,226,000 -14,560,000 -11,673,000 -11,509,000 -2,071,000 -11,308,000 -2,437,000 -26,457,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                  
      depreciation and amortization
    		4,285,000 4,243,000 4,056,000 3,791,000 3,486,000 3,103,000 3,006,000 2,821,000 2,314,000 2,148,000 1,735,000 1,661,000 1,515,000 1,109,000 815,000 273,000 267,000 260,000 
      stock-based compensation
    		9,240,000 9,435,000 11,644,000 10,501,000 10,416,000 10,840,000 11,521,000 12,513,000 14,784,000 14,044,000 10,920,000 11,919,000 11,477,000 11,708,000 8,463,000 7,867,000 8,148,000 5,402,000 
      benefit from expected credit losses
    		110,000 821,000 660,000 533,000 1,832,000 1,433,000 1,379,000 416,000 354,000 725,000         
      non-cash lease expense
    		448,000 455,000 280,000 658,000 670,000 650,000 647,000 643,000 639,000 797,000 682,000 581,000       
      non-cash impairment charges
    		  120,000 0       0        
      other non-cash operating activities
    		-87,000 -195,000 -476,000 -355,000 -673,000 -548,000 -445,000 -330,000 -783,000 -770,000         
      changes in operating assets and liabilities:
    		                  
      accounts receivable
    		9,167,000 -12,139,000 -6,363,000 3,780,000 10,353,000 -3,553,000 -1,429,000 -14,479,000 -6,122,000 -2,979,000 -5,040,000 -1,513,000 5,799,000 -4,888,000 -1,232,000 -735,000 8,091,000 -2,390,000 
      contract assets
    		98,000 -184,000 -51,000 -275,000 -605,000 -23,000 -31,000 51,000 -25,000 -182,000 443,000 33,000 -59,000 -40,000 802,000 -361,000 -112,000 -425,000 
      prepaid expenses and other current and noncurrent assets
    		-785,000 -1,581,000 -4,112,000 7,049,000 -7,723,000 -104,000             
      deferred contract costs
    		428,000 143,000 5,000 -342,000 -191,000 -178,000 -939,000 -634,000 -646,000 -1,308,000 -302,000 -75,000 -704,000 242,000 -413,000 -264,000 -108,000 -222,000 
      accounts payable
    		32,000 -890,000 -32,000 -5,023,000 4,435,000 -2,531,000 4,393,000 -7,545,000 6,706,000 -1,230,000 322,000 -166,000 -1,195,000 909,000 -3,099,000 3,504,000 -453,000 -6,772,000 
      accrued expenses and other current liabilities
    		3,645,000 -2,719,000 4,012,000 -9,571,000 -9,487,000 -1,109,000 8,702,000 -4,880,000 2,971,000 9,098,000 6,381,000 2,030,000 -5,289,000 4,186,000 -8,747,000 624,000 1,202,000 8,524,000 
      operating lease liabilities
    		-530,000 -727,000 -728,000 -716,000 -705,000 -695,000 -679,000 -669,000 -722,000 -835,000 -642,000 -645,000 -635,000 -613,000     
      unearned revenue
    		-793,000 2,080,000 96,000 -164,000 -485,000 1,207,000 -785,000 -1,205,000 -591,000 984,000 -685,000 -1,119,000 -1,126,000 1,687,000 -95,000 1,691,000 292,000 371,000 
      other liabilities, noncurrent
    		  0 0 0 -109,000 25,000 57,000 26,000 -7,000 -202,000 172,000 -17,000 -19,000     
      net cash from operating activities
    		26,838,000 548,000 9,299,000 6,231,000 18,131,000 6,027,000 5,815,000 -21,649,000 2,019,000 7,247,000 -54,000 3,268,000 19,000 -889,000 -9,956,000 10,738,000 11,262,000 4,209,000 
      capex
    		-2,434,000 -2,070,000 -2,453,000 -2,532,000 -3,126,000 -2,419,000 -2,988,000 -2,046,000 -2,851,000 -2,299,000 -1,546,000 -1,917,000 -2,394,000 -1,719,000 -650,000 -535,000 -402,000 -130,000 
      free cash flows
    		24,404,000 -1,522,000 6,846,000 3,699,000 15,005,000 3,608,000 2,827,000 -23,695,000 -832,000 4,948,000 -1,600,000 1,351,000 -2,375,000 -2,608,000 -10,606,000 10,203,000 10,860,000 4,079,000 
      investing activities
    		                  
      purchases of property and equipment
    		-309,000 -93,000 -101,000 -415,000 -299,000 -68,000     -63,000 -45,000 -333,000 -76,000     
      capitalized internal-use software
    		-2,499,000 -2,356,000 -2,352,000 -2,628,000 -3,682,000 -3,149,000 -2,988,000 -2,744,000 -3,897,000 -3,382,000 -1,483,000 -1,872,000 -2,663,000 -2,462,000     
      purchases of investments
    		-39,220,000 -29,967,000 -22,061,000 -35,969,000 -25,967,000 -34,531,000 -33,927,000 -23,560,000 -34,226,000 -38,715,000 -37,717,000 -31,612,000       
      sales and maturities of investments
    		34,490,000 32,270,000 25,508,000 34,778,000 27,332,000 26,732,000 35,887,000 25,893,000 28,260,000 34,002,000 40,090,000 7,082,000       
      net cash from investing activities
    		-7,538,000 -146,000 994,000 -4,234,000 -2,616,000 -11,016,000 -1,121,000 -411,000 -9,863,000 -8,095,000 827,000 -26,380,000 -81,084,000 -51,846,000 -75,877,000 -535,000 -482,000 -178,000 
      financing activities
    		                  
      cash received for employee payroll tax withholdings
    		3,340,000 2,654,000 4,493,000 2,051,000 1,427,000 1,889,000 1,626,000 10,863,000 205,000 2,834,000 2,011,000 4,050,000 2,188,000 845,000 21,260,000 7,005,000 -504,000 19,195,000 
      cash paid for employee payroll tax withholdings
    		-3,319,000 -2,645,000 -4,472,000 -2,069,000 -1,406,000 -1,876,000 -1,631,000 -10,791,000 -689,000 -2,416,000 -2,082,000 -4,146,000 -2,021,000 -845,000 -28,265,000 0   
      proceeds from exercise of stock options and purchases under the employee stock purchase plan
    		                  
      repurchase of common stock
    		  0 0 -6,891,000 -15,290,000 -14,946,000 -13,035,000 -10,047,000 -20,052,000         
      net cash from financing activities
    		2,545,000 329,000 4,284,000 744,000 -5,161,000 -14,144,000 -12,877,000 -9,558,000 -5,618,000 -17,744,000 -17,099,000 2,841,000 4,002,000 2,023,000 2,536,000 12,303,000 -22,110,000 506,779,000 
      net increase in cash and cash equivalents
    		21,845,000 731,000         -16,326,000 -20,271,000 -77,063,000 -50,712,000 -83,297,000 22,506,000 -11,330,000 510,810,000 
      cash and cash equivalents, beginning of period
    		0 286,757,000  0 0 278,218,000  0 0 350,073,000  0 0 514,445,000     
      cash and cash equivalents, end of period
    		21,845,000 287,488,000  2,741,000 10,354,000 259,085,000  -31,618,000 -13,462,000 331,481,000  -20,271,000 -77,063,000 463,733,000     
      supplemental disclosure of non-cash investing and financing activities
    		                  
      employee receivables for options exercised
    		   -41,000 34,000 12,000   -390,000 416,000         
      purchase of property and equipment
    		     36,000            24,000 
      capitalization of stock-based compensation for internal-use software
    		374,000 379,000  511,000 855,000 762,000  698,000 1,046,000 1,083,000   669,000 749,000   80,000 24,000 
      proceeds from exercise of stock options
    		 320,000    1,133,000    1,890,000    2,249,000  5,297,000 891,000 2,099,000 
      charitable donation of class a common stock
    		      0    0    0 7,982,000 0 5,125,000 
      deferred income tax benefit
    		          -98,000 0 0 -1,421,000     
      loss on disposal of assets
    		      0 0 0 38,000         
      acquisitions, net of cash acquired
    		          0 67,000 0 -49,308,000     
      payment of deferred offering costs
    		          0 -3,000 -194,000 -226,000 -6,000 0 -3,670,000 -448,000 
      cash and cash equivalents, beginning of year
    		                0 75,756,000 
      cash and cash equivalents, end of year
    		                -11,330,000 586,566,000 
      proceeds from exercise of stock options and purchases under employee stock purchase plan
    		   762,000    3,405,000    2,940,000       
      net decrease in cash and cash equivalents
    		   2,741,000 10,354,000 -19,133,000  -31,618,000 -13,462,000 -18,592,000         
      vesting of early exercised stock options
    		       0 38,000 59,000   58,000 58,000   58,000 58,000 
      change in fair value of warrants
    		              0 0 0 18,930,000 
      proceeds from issuance of class a common stock upon initial public offering, net of underwriting discounts
    		                  
      proceeds from exercise of warrants
    		              0 0 0 392,000 
      payment of deferred finance costs
    		              -1,000 1,000   
      prepaid expenses and other current assets
    		       2,215,000 190,000 430,000 -4,787,000 1,612,000 1,499,000 -3,515,000 419,000 1,592,000 -3,834,000 -1,014,000 
      accrued offering costs
    		             140,000   -4,137,000 4,476,000 
      surrender of common stock for withholding tax purposes
    		                  
      proceeds from line of credit
    		                  
      repayment of line of credit
    		                  
      proceeds from issuance of preferred stock
    		                  
      costs incurred from issuance of preferred stock
    		                  
      stock-based compensation in connection with vesting of stock appreciation rights
    		              0 0 0 2,847,000 
      bad debt expense
    		           -13,000 28,000 248,000 81,000 45,000 150,000 88,000 
      other non-cash loss
    		           -386,000       
      proceeds from issuance of common stock upon initial public offering, net of underwriting discounts
    		               0 0 485,541,000 
      impairment of internal-use software
    		            0 475,000     
      accretion of redeemable convertible preferred stock to redemption value
    		                0 14,000 
      purchase of property and equipment on account
    		            -67,000 70,000     
      amortization of operating lease right-of-use assets
    		             552,000     
      loss on disposal of property and equipment
    		                  
      deferred rent
    		              -58,000 -59,000 -57,000 -58,000 
      purchases of property and equipment, including capitalized software
    		              -650,000 -535,000 -482,000 -178,000 
      acquisition, net of cash acquired
    		                  
      supplemental disclosure of cash flow information
    		                  
      cash paid for income taxes
    		                  
      cash paid for interest
    		                  
      cash received for early exercise of stock options
    		                  
    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.