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 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 
      
    		                                        
      cash flows from operating activities:
    		                                        
      net income
    		45,851,000 45,270,000 39,223,000 33,683,000 29,527,000 -60,200,000 11,002,000 54,218,000 9,214,000 18,960,000 8,562,000             9,301,000 11,000,000 16,249,000 10,454,000   13,381,000 5,491,000 9,083,000 238,000 -1,558,000 -3,106,000 14,955,000 -1,106,000 185,000 780,000 1,633,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                        
      depreciation and amortization
    		2,488,000 5,507,000 5,015,000 4,388,000 4,148,000 7,647,000 7,519,000 7,039,000 6,933,000 6,710,000 6,575,000 6,441,000 6,225,000 5,929,000 5,726,000 5,753,000 3,633,000 3,551,000 3,471,000 3,458,000 3,343,000 3,131,000 2,959,000 2,314,000 2,053,000 1,933,000 1,804,000 1,709,000 1,511,000 1,549,000 1,399,000 1,201,000 1,158,000 768,000 654,000 488,000 663,000 608,000 538,000 525,000 
      stock-based compensation
    		15,932,000 14,234,000 13,785,000 12,095,000 10,940,000 9,560,000 13,569,000 10,791,000 14,136,000 12,823,000 12,766,000 9,997,000 9,702,000 8,786,000 8,893,000 41,662,000 7,903,000 9,803,000 6,395,000 8,055,000 6,238,000 5,559,000 5,689,000 5,014,000 6,241,000 5,135,000 5,095,000 4,871,000 4,412,000 4,985,000 4,154,000 4,720,000 4,487,000 4,593,000 4,012,000 3,837,000 4,263,000 3,522,000 3,015,000 2,145,000 
      impairment charge
    		   0 0                                    
      inventory write-downs
    		973,000 775,000 2,485,000  4,762,000 35,826,000 358,000  3,851,000 390,000 1,009,000  478,000 980,000 593,000  358,000 960,000 991,000  564,000 619,000 1,097,000  1,107,000 1,010,000 658,000  376,000 370,000 300,000          
      deferred taxes
    		14,721,000 -6,749,000 -1,998,000 4,600,000 2,797,000 -24,211,000 475,000 -19,026,000 2,415,000 -1,497,000 -953,000 -1,346,000 5,545,000 1,637,000 -4,378,000 -14,900,000 -1,761,000 1,347,000 1,223,000 -2,181,000 -11,397,000 -3,738,000 -1,502,000 1,719,000 1,822,000 -2,799,000 1,078,000 -69,000 1,103,000 -5,305,000 -2,209,000    -1,000 -12,235,000 64,000 -1,536,000 1,329,000  
      other
    		303,000 191,000 452,000 2,717,000 703,000 922,000 -221,000 -285,000 -964,000 3,447,000 140,000 395,000 1,628,000 263,000 -1,012,000 1,007,000 376,000 423,000 886,000 1,320,000 571,000 2,461,000 168,000 -140,000 -414,000 207,000 396,000 -4,000 -324,000 31,000 357,000 117,000 107,000        
      changes in operating assets and liabilities:
    		                                        
      accounts receivable
    		-8,451,000 -4,782,000 543,000 3,232,000 25,394,000 -10,489,000 8,460,000 6,343,000 1,812,000 -4,881,000 -3,540,000 -12,500,000 -3,058,000 -45,589,000 -8,710,000 -14,381,000 15,935,000 -9,955,000 -12,943,000 -852,000 -14,200,000 6,995,000 -238,000 -3,509,000 -3,968,000 -4,179,000 -13,373,000 -2,478,000 -6,987,000 -10,188,000 -6,109,000 -9,822,000 5,255,000 -2,671,000 -1,880,000 -7,472,000 -2,030,000 -3,715,000 -1,343,000 -3,680,000 
      inventories
    		-3,719,000 -11,371,000 -10,762,000 -19,666,000 -23,039,000 -11,334,000 -11,619,000 -21,244,000 -20,708,000 -15,117,000 -10,641,000 -12,314,000 -26,266,000 -24,287,000 -11,764,000 -5,742,000 -4,269,000 -9,935,000 -31,608,000 -17,041,000 -8,005,000 -16,845,000 -15,090,000 -13,547,000 -9,339,000 -11,793,000 -6,728,000 -6,893,000 -11,447,000 -4,156,000 208,000 -4,110,000 -7,889,000 -770,000 -6,057,000 -5,719,000 -1,983,000 -2,952,000 -9,083,000 -7,114,000 
      prepaid expenses and other current and non-current assets
    		-17,186,000 182,000 -96,000 -4,681,000 -407,000 -2,425,000 4,565,000 -8,621,000 -4,387,000 -1,907,000 -3,994,000 721,000 502,000 1,349,000 -3,809,000 -5,936,000 -1,253,000 -2,380,000 -3,463,000 -2,859,000 -1,751,000 -2,711,000 -1,544,000 -613,000 424,000 -3,857,000 45,000 1,498,000 -672,000 -1,581,000 2,986,000 -867,000 400,000 655,000 2,248,000 -3,500,000 -35,000 -2,260,000 -3,248,000 -2,307,000 
      accounts payable
    		2,029,000 -3,249,000 -251,000 -1,863,000 543,000 283,000 5,209,000 -957,000 2,313,000 -2,333,000 2,074,000 295,000 4,066,000 7,635,000 1,389,000 -376,000 -500,000 -1,961,000 1,272,000 -79,000 -223,000 -927,000 921,000 2,715,000 2,908,000 1,918,000 -1,503,000 -359,000 1,063,000 3,000 622,000 978,000 580,000 -596,000 889,000 428,000 -383,000 -20,000 1,350,000 -1,369,000 
      accrued expenses and other non-current liabilities
    		5,322,000 4,938,000 574,000 13,893,000 1,099,000 87,000 -1,022,000 6,572,000 -1,986,000 504,000 1,131,000 4,377,000 -9,493,000 7,409,000 8,249,000 7,273,000 4,783,000 -3,462,000 8,482,000 -2,827,000 31,186,000 -5,832,000 732,000 -198,000 9,670,000 -1,921,000 6,000 1,402,000 11,190,000 -446,000 2,084,000 654,000 5,094,000 -346,000 4,766,000 -3,023,000 5,361,000 -578,000 4,013,000 2,880,000 
      net cash from operating activities
    		58,263,000 44,946,000 48,970,000 51,108,000 56,467,000 22,611,000 38,295,000 36,261,000 30,844,000 17,099,000 13,129,000 1,337,000 -12,909,000 -39,575,000 -4,514,000 -9,270,000 36,450,000 -3,310,000 -14,368,000 -2,083,000 -3,550,000 -21,689,000 -5,920,000 4,767,000 22,050,000 1,903,000 -2,068,000 7,531,000 10,445,000 124,000 10,708,000 -907,000 10,754,000 650,000 2,194,000 -2,756,000 2,504,000 -8,971,000 -3,584,000 -9,648,000 
      capex
    		-16,321,000 -15,688,000 -11,740,000 -5,308,000 -5,034,000 -4,938,000 -4,008,000 -3,738,000 -3,525,000 -4,655,000 -2,113,000 -3,116,000 -7,560,000 -2,998,000 -3,331,000 -10,601,000 -3,199,000 -3,243,000 -1,807,000 -3,863,000 -3,302,000 -7,755,000 -8,429,000 -8,006,000 -6,282,000 -3,315,000 -1,603,000 -3,381,000 -1,206,000 -1,583,000 -2,396,000 -7,683,000 1,081,000 -2,098,000 -2,855,000 -6,557,000 -1,746,000 -2,354,000 -781,000 -1,024,000 
      free cash flows
    		41,942,000 29,258,000 37,230,000 45,800,000 51,433,000 17,673,000 34,287,000 32,523,000 27,319,000 12,444,000 11,016,000 -1,779,000 -20,469,000 -42,573,000 -7,845,000 -19,871,000 33,251,000 -6,553,000 -16,175,000 -5,946,000 -6,852,000 -29,444,000 -14,349,000 -3,239,000 15,768,000 -1,412,000 -3,671,000 4,150,000 9,239,000 -1,459,000 8,312,000 -8,590,000 11,835,000 -1,448,000 -661,000 -9,313,000 758,000 -11,325,000 -4,365,000 -10,672,000 
      cash flows from investing activities:
    		                                        
      purchases of non-marketable investments
    		   0 0 0 -10,000,000                                  
      purchases of marketable investments
    		-146,612,000 -1,000 -35,000 -9,884,000 -1,718,000 -41,000 -11,267,000 -8,570,000 -58,176,000       -19,669,000 -74,186,000 -20,673,000 -12,266,000 -33,047,000 -59,694,000   -47,776,000 0                
      proceeds from maturities of marketable investments
    		0 0 13,000,000 4,800,000 42,890,000 39,551,000 43,375,000 36,495,000 18,100,000 13,365,000 14,605,000 12,195,000 16,134,000 23,911,000 20,668,000 23,753,000 30,157,000 48,313,000 19,497,000 25,865,000 15,431,000 14,555,000 12,980,000 12,535,000 27,279,000 17,500,000 33,300,000 24,425,000 24,818,000 34,329,000 43,540,000 39,224,000 37,910,000 20,649,000 15,020,000 18,590,000 43,577,000 -9,246,000 11,750,000  
      purchases of property and equipment
    		-16,249,000 -15,579,000 -13,467,000 -5,371,000 -5,451,000 -4,536,000 -5,824,000 -3,645,000 -3,332,000 -4,342,000 -3,894,000 -3,562,000 -6,348,000 -4,431,000 -4,957,000 -8,092,000 -5,802,000 -3,295,000 -3,991,000 -3,753,000 -4,153,000 -6,719,000 -10,131,000 -7,984,000 -7,917,000 -3,745,000 -2,463,000 -3,040,000 -1,458,000 -2,282,000 -2,823,000 -5,727,000 -1,441,000 -2,170,000 -3,194,000 -6,557,000 -3,383,000 -2,580,000 -1,115,000 -967,000 
      net cash from investing activities
    		-162,861,000 -15,580,000 -502,000 -10,955,000 35,721,000 34,474,000 18,384,000 24,280,000 -44,396,000 -6,671,000 10,711,000 8,633,000 9,786,000 20,660,000 15,711,000 -1,339,000 -49,831,000 26,345,000 3,090,000 -10,226,000 -49,416,000 -54,544,000 10,037,000 -43,734,000 14,281,000 -15,113,000 31,855,000 9,625,000 -20,647,000 12,824,000 -2,187,000 -16,394,000 -22,105,000 -27,492,000 -11,662,000 4,207,000 -3,824,000 -1,300,000 1,604,000 -129,400,000 
      cash flows from financing activities:
    		                                        
      proceeds from exercises of stock options
    		4,652,000 6,704,000 4,022,000 1,090,000 484,000 61,000 238,000 860,000 834,000 1,614,000 2,209,000 1,493,000 1,725,000 3,466,000 1,102,000 2,473,000 1,213,000 312,000 666,000 844,000 3,208,000 791,000 396,000 554,000 1,301,000 1,194,000 1,071,000 770,000 1,123,000 1,843,000 1,328,000 804,000 1,619,000 1,575,000 1,050,000 279,000 1,400,000 1,364,000 129,000 71,000 
      proceeds from issuance of stock under employee stock purchase plan
    		0   6,440,000 0   6,511,000 0   5,768,000 0   6,351,000 0   5,355,000 0   4,205,000 0   3,647,000 0   2,895,000 0   2,795,000 0    
      payment of employee taxes related to vested stock
    		-90,000 -62,000 -445,000  -72,000 -89,000 -421,000  -123,000 -822,000 -204,000  -1,887,000 -1,900,000 -3,181,000  -3,533,000 -3,952,000 -3,036,000  -4,764,000 -1,768,000 -2,105,000                  
      payments of finance lease obligations
    		-612,000 -691,000 -613,000 -589,000 -578,000 -559,000 -550,000 -525,000 -499,000 -483,000 -474,000 -452,000 -441,000 -433,000 -425,000 -395,000 -364,000 -355,000 -337,000 -347,000 -95,000 -1,018,000 -1,958,000                  
      repurchase of common stock
    		   1,000                                     
      net cash from financing activities
    		3,950,000 14,817,000 2,708,000 6,068,000 -100,554,000 8,274,000 -794,000 5,921,000 212,000 8,694,000 1,376,000 5,735,000 -603,000 9,131,000 -2,641,000 2,961,000 -2,684,000 3,173,000 -2,614,000 2,457,000 -1,651,000 138,461,000 -4,350,000 -502,000 -1,439,000 -5,308,000 -1,710,000 3,168,000 -1,047,000 -5,192,000 -6,744,000 2,445,000 -700,000 -2,910,000 105,524,000 -5,127,000 4,450,000 7,806,000 -3,000 -770,000 
      effect of foreign exchange rate changes on cash and cash equivalents
    		-91,000 1,531,000 474,000 -2,293,000 510,000 -141,000 -257,000 267,000 -70,000 357,000 -386,000 -691,000 336,000 -145,000 228,000 737,000 78,000 437,000 -146,000 -593,000 351,000 -303,000 -90,000 667,000 -572,000 173,000 -321,000 -216,000 -714,000 -856,000 391,000 -128,000 1,096,000 -3,055,000 91,000 1,056,000 -1,188,000 -1,227,000 42,000 267,000 
      net increase in cash and cash equivalents
    		-100,739,000 45,714,000 51,650,000 43,928,000 -7,856,000 65,218,000 55,628,000 66,729,000 -13,410,000 19,479,000 24,830,000   -9,929,000 8,784,000 -6,911,000 -15,987,000   -10,445,000 -54,266,000 61,925,000 -323,000 -38,802,000 34,320,000 -18,345,000 27,756,000 20,108,000    -14,984,000 -10,955,000 -32,807,000 96,147,000 -2,620,000 1,942,000 -3,692,000 -1,941,000 -139,551,000 
      cash and cash equivalents—beginning of period
    		0 0 324,404,000 0 0 0 167,486,000 0 0 0 69,858,000 0 0 0 59,379,000 0 0 0 69,670,000 0 0 0 72,779,000 0 0 0 67,850,000 0    0 0 0 13,236,000 0 0 0 19,547,000 0 
      cash and cash equivalents—end of period
    		-100,739,000 45,714,000 376,054,000 43,928,000 -7,856,000 65,218,000 223,114,000 66,729,000 -13,410,000 19,479,000 94,688,000 15,014,000 -3,390,000 -9,929,000 68,163,000 -6,911,000 -15,987,000 26,645,000 55,632,000 -10,445,000 -54,266,000 61,925,000 72,456,000 -38,802,000 34,320,000 -18,345,000 95,606,000 20,108,000    -14,984,000 -10,955,000 -32,807,000 109,383,000 -2,620,000 1,942,000 -3,692,000 17,606,000 -139,551,000 
      noncash investing and financing activities:
    		                                        
      right-of-use assets obtained in exchange for operating lease obligations
    		145,000 1,976,000 838,000 447,000 1,077,000 572,000 292,000 7,853,000 331,000 814,000 341,000 20,784,000 304,000 3,513,000 47,678,000 1,332,000 45,734,000 53,641,000 803,000                      
      right-of-use assets obtained in exchange for finance lease obligations
    		77,000 1,383,000 7,000 27,000 412,000 8,000 17,000 587,000 455,000 8,000 68,000 27,000 189,000 8,000 81,000 233,000   428,000                      
      purchase of property and equipment funded through accounts payable and accrued liabilities
    		-72,000 -109,000 1,727,000 63,000 417,000 -402,000 1,816,000 -93,000 -193,000 -313,000 1,781,000 446,000 -1,212,000 1,433,000 1,626,000 -2,509,000 2,603,000 52,000 2,184,000 -110,000 851,000 -1,036,000 1,702,000 -22,000 1,635,000 430,000 860,000 -341,000 252,000 699,000 427,000 -1,956,000 2,522,000 72,000 339,000  1,637,000 226,000 334,000  
      excise tax accrued on repurchase of common stock
    		   -310,000                                     
      supplemental cash flow information:
    		                                        
      cash paid for amounts included in the measurement of operating lease liabilities
    		5,572,000 5,567,000 5,564,000  5,420,000 5,676,000 5,337,000  5,169,000 5,110,000 4,706,000  4,559,000    2,300,000                        
      cash paid for income taxes
    		1,040,000 7,083,000 5,996,000 6,307,000 4,824,000 8,418,000 1,125,000 2,528,000 1,083,000 1,533,000 1,413,000 416,000 346,000 359,000 1,798,000                          
      inventory write-offs and write-downs
    		                                        
      acquired in-process research and development
    		       0                    0             
      proceeds from lease incentives
    		           0 33,000 0 230,000 494,000                         
      asset acquisition, net of cash acquired
    		       0                                 
      proceeds from sales of marketable investments
    		           0 0   0 0   709,000 0 0 7,188,000 2,046,000 0 1,682,000 1,018,000 -2,000 11,895,000   585,000 0 5,192,000 22,975,000 10,493,000 -26,458,000 28,462,000 500,000 2,838,000 
      payment of employee taxes related to vested common and restricted stock
    		                       -2,416,000 -2,740,000 -11,281,000 -2,098,000             0 
      supplemental disclosures of cash flow information:
    		                                        
      fair value of common stock issued as consideration in connection with an asset acquisition
    		                                        
      cash acquired in a business combination
    		                                        
      fair value of common stock issued as consideration in connection with an acquisition
    		                                        
      fair value of replacement options issued as consideration in connection with an acquisition
    		                                        
      impairment of intangible asset
    		                   0 0                    
      proceeds from issuance of common stock upon underwritten public offering, net of issuance cost
    		                   0 0                    
      payment of acquisition-related obligations
    		                   0 0 0 -683,000    -683,000 -50,000 0 -108,000 -4,323,000          
      consolidated net income
    		            -2,271,000 -3,687,000 79,000  8,031,000 8,299,000 10,926,000  -9,876,000 -12,901,000 888,000                  
      adjustments to reconcile consolidated net income to net cash from operating activities:
    		                                        
      net decrease in cash and cash equivalents
    		                  -14,038,000                      
      lease payments made prior to commencement
    		                       -2,555,000                 
      proceeds from capital contribution from non-controlling interest
    		                       300,000 0                
      loss on non-marketable equity investments
    		                           0 920,000 1,230,000 951,000 727,000         
      asset acquisition (note 6), net of cash acquired
    		                                        
      contributions to non-marketable investments
    		                           0 -514,000            
      payment of obligations on debt and credit facilities
    		                               -139,000         
      common shares issued as consideration in connection with a buyout agreement
    		                           0 0 0 5,256,000          
      asset acquisition (note 6) and acquisition of business (note 5) related contingent and working capital liabilities
    		                                        
      commercial paper
    		                        21,000                
      u.s. agency and government sponsored securities
    		                        -2,444,000                
      u.s. states and municipalities
    		                                        
      corporate bonds
    		                        -20,917,000                
      total
    		                        -27,243,000                
      right-of-use assets obtained in exchange for lease obligations
    		                      325,000                  
      benefit from doubtful accounts
    		                       141,000    730,000       145,000    11,000 95,000 
      change in fair value of contingent consideration
    		                       -66,000    98,000 127,000 283,000 442,000          
      asset acquisition (note 3 and note 6) and acquisition of business (note 5), net of cash acquired
    		                                        
      acquisition of intangible assets from a licensing agreement
    		                               0         
      asset acquisition (note 3 and note 6) and acquisition of business (note 5) related contingent and working capital liabilities
    		                                        
      indefinite-lived intangible assets related to licensed technology related contingent liabilities
    		                                        
      u.s. treasury
    		                        -2,375,000                
      u.s. agency securities and government sponsored securities
    		                                        
      asset acquisition and acquisition of business (note 5), net of cash acquired
    		                                        
      payment of asset acquisition-related and business acquisition-related obligations
    		                        0                
      asset acquisition and acquisition of business (note 5) related contingent and working capital liabilities
    		                                        
      (accretion of discount) amortization of premium on marketable investments
    		                           -92,000             
      asset acquisition (note 3) and acquisition of business (note 5), net of cash acquired
    		                           -500,000             
      asset acquisition (note 3) and acquisition of business (note 5) related contingent and working capital liabilities
    		                                        
      licensing agreement related contingent liabilities
    		                                        
      adjustments to reconcile consolidated net (loss) to net cash from operating activities:
    		                                        
      purchase of marketable investments
    		                            -35,474,000 -18,943,000 -42,552,000  -48,933,000 -45,607,000 -44,777,000  -17,560,000 -17,936,000 -9,531,000  
      payment of employee taxes related to vested restricted stock
    		                            -2,176,000 -10,315,000 -3,530,000  -1,379,000 -7,101,000 -2,089,000  -178,000 -204,000 -1,642,000  
      asset acquisition
    		                                        
      amortization of premium on marketable investments
    		                              32,000 90,000 65,000 137,000 299,000 264,000 288,000 256,000 189,000  
      deposit payments for acquisition
    		                                        
      net increase in cash and cash equivalents and restricted cash
    		                             6,900,000 2,168,000          
      cash and cash equivalents and restricted cash—beginning of period
    		                             0 50,637,000          
      cash and cash equivalents and restricted cash—end of period
    		                             6,900,000 52,805,000          
      reconciliation of cash and cash equivalents and restricted cash:
    		                                        
      cash and cash equivalents
    		                             6,900,000 52,805,000          
      restricted cash
    		                                        
      total cash and cash equivalent and restricted cash - end of period
    		                             6,900,000 52,805,000          
      contributions towards non-marketable investments
    		                              -352,000          
      issuance cost not yet paid
    		                                  295,000      
      realized (gain) loss on marketable investments
    		                                  -31,000 -5,000 -1,000    
      acquisition of a business, net of cash acquired
    		                               0         
      purchase of non-marketable investments
    		                               -135,000 -56,000        
      proceeds from issuance of common stock issued in initial public offering, net of issuance costs
    		                                       -1,174,000 
      conversion of convertible preferred stock into common stock
    		                                       0 
      acquisition-related contingent consideration and working capital adjustment liabilities
    		                               1,170,000         
      licensing agreement related contingent consideration
    		                               0         
      inventory write downs
    		                                556,000 184,000 256,000 1,477,000 366,000 507,000 317,000 459,000 
      proceeds from issuance of common stock, net of issuance cost
    		                                0 -298,000 106,563,000      
      change in restricted cash
    		                                 -28,000 -1,686,000      
      loss on disposal of property and equipment
    		                                   84,000 0 48,000 11,000 31,000 
      write off of note receivable
    		                                       0 
      loss on minority investment
    		                                        
      proceeds from issuance of preferred stock, net of issuance costs
    		                                        
      repurchase of preferred stock
    		                                        
      repayment of credit facility
    		                                        
      repurchase of common stock and stock options
    		                                        
      cash paid for interest
    		                                        
      purchase of property and equipment funded through accounts payable
    		                                       -57,000 
      excess tax benefit from stock-based compensation
    		                                    -3,228,000 -2,863,000 -1,510,000 -333,000 
      benefit from (release of) doubtful accounts
    		                                    80,000    
      deferred issuance costs not yet paid
    		                                        
      (release of) benefit from sales returns
    		                                        
      benefit from product warranty
    		                                       100,000 
      payment of deferred issuance costs
    		                                        
      benefit from sales returns
    		                                      262,000 408,000 
      provision (release) for product warranty
    		                                      -215,000  
      realized loss on marketable investments
    		                                       0 
      release of valuation allowance
    		                                        
      issuance of common stock to third parties
    		                                        
      proceeds from credit facility
    		                                        
    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.