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
    		-21,411,000 -19,579,000 -24,737,000 -18,856,000 -20,974,000 -25,626,000 -25,957,000 -27,504,000 -24,622,000 -25,287,000 -28,484,000 -28,172,000 -22,613,000 -19,184,000 -17,185,000 -18,348,000 
      adjustments to reconcile net income to cash from operating activities:
    		                
      depreciation and amortization
    		1,618,000 1,588,000 1,475,000 1,453,000 1,328,000 1,269,000 1,184,000 1,318,000 1,054,000 642,000 793,000 663,000 703,000 717,000 758,000 763,000 
      stock-based compensation expense
    		14,490,000 12,163,000 10,108,000 9,085,000 8,513,000 7,986,000 6,256,000 4,981,000 5,326,000 5,103,000 3,724,000 2,885,000 3,224,000 2,676,000 1,552,000 1,496,000 
      change in fair value of derivative liability
    		    58,000 28,000 28,000    26,000      
      non-cash lease adjustment
    		-127,000 -127,000 -127,000 -96,000 -96,000 -95,000 -96,000 -110,000 -192,000 -180,000 495,000 833,000 838,000 -96,000 -97,000  
      inventory write-down
    		76,000 160,000 330,000 600,000 376,000   0 581,000 186,000 228,000 -25,000    113,000 
      benefit from credit losses
    		526,000 600,000 300,000 384,000             
      (gain) loss on foreign currency transactions
    		227,000                
      changes in operating assets and liabilities:
    		                
      accounts receivable
    		-4,351,000 -2,706,000 3,929,000 -14,832,000 -10,587,000 -2,835,000 -7,706,000 -13,754,000 -1,448,000 -12,531,000 -5,370,000 -2,434,000 -1,945,000 -3,901,000 -2,529,000 1,890,000 
      inventory
    		568,000 -4,786,000 -6,282,000 -5,797,000 -7,158,000 -2,794,000 -1,486,000 3,186,000 485,000 -3,286,000 -10,136,000 -5,749,000 -8,818,000 -1,201,000 517,000 -2,544,000 
      prepaid expenses and other current assets
    		-1,760,000 513,000 576,000 -2,001,000 -1,320,000 789,000 -679,000 -1,143,000 -241,000 504,000 1,931,000 -1,878,000 -473,000 294,000 177,000 -2,025,000 
      other assets
    		-808,000 -770,000 -395,000 -1,303,000 -160,000 67,000 -241,000 -503,000 -284,000   151,000 100,000    
      accounts payable
    		-789,000 -2,250,000 3,754,000 -5,379,000 5,194,000 344,000 -2,311,000 5,876,000 -2,321,000 9,000 2,225,000 -284,000 3,296,000 499,000 448,000 -1,550,000 
      accrued compensation
    		5,455,000 1,313,000 -6,561,000 2,703,000 3,952,000 3,414,000 -5,417,000 3,620,000 3,315,000 2,542,000 -6,039,000 3,162,000 3,379,000 2,320,000 -1,889,000 1,599,000 
      accrued interest expense
    		42,000 27,000 25,000 34,000 34,000 34,000 32,000 32,000 32,000 33,000 28,000 69,000 185,000 253,000 250,000 241,000 
      loan facility liability
    		0                
      deferred revenue
    		1,129,000 -12,000 235,000 1,421,000 1,437,000 653,000 205,000 649,000 449,000 1,131,000 1,088,000 512,000 480,000 495,000 343,000 177,000 
      reimbursements for leasehold improvements from operating leases
    		    0 0 2,596,000  0 1,772,000 3,217,000      
      other liabilities
    		-1,520,000 1,171,000 390,000 193,000 147,000 125,000 1,306,000 -1,468,000 -1,104,000 1,077,000 346,000 1,338,000 1,667,000 267,000 -613,000 1,772,000 
      net cash from operating activities
    		-6,635,000 -15,043,000 -16,980,000 -32,391,000 -18,800,000 -15,736,000 -32,286,000 -24,793,000 -18,943,000 -28,339,000 -35,928,000 -25,174,000 -19,851,000 -17,126,000 -18,231,000 -16,476,000 
      capex
    		-2,868,000 -2,802,000 -1,836,000 -1,174,000 -246,000 -1,043,000 -1,946,000 -8,715,000 -5,780,000 -5,372,000 -5,339,000 -866,000 -1,514,000 -218,000 -55,000 -332,000 
      free cash flows
    		-9,503,000 -17,845,000 -18,816,000 -33,565,000 -19,046,000 -16,779,000 -34,232,000 -33,508,000 -24,723,000 -33,711,000 -41,267,000 -26,040,000 -21,365,000 -17,344,000 -18,286,000 -16,808,000 
      cash flows from investing activities:
    		                
      purchases of property and equipment
    		-2,868,000 -2,802,000 -1,836,000 -1,174,000 -246,000 -1,043,000 -1,946,000 -8,715,000 -5,780,000 -5,372,000 -5,339,000 -866,000 -1,514,000 -218,000 -55,000 -332,000 
      net cash from investing activities
    		-2,868,000 -2,802,000 -1,836,000 -1,174,000 -246,000 -1,043,000 -1,946,000 -8,715,000 -5,780,000 -5,372,000 -5,339,000 -866,000 -1,514,000 -218,000 -55,000 -332,000 
      cash flows from financing activities:
    		                
      proceeds from issuance of common stock from the exercise of stock options
    		1,078,000 873,000 1,298,000 3,601,000 1,715,000 3,173,000 2,586,000 973,000 414,000 713,000 380,000 367,000 777,000 1,573,000 1,291,000 689,000 
      proceeds from issuance of common stock under employee stock purchase plan
    		-1,000   2,404,000 0   1,893,000 0   1,120,000 0    
      net cash from financing activities
    		1,077,000 4,378,000 1,298,000 170,528,000 1,715,000 5,296,000 2,586,000 2,866,000 162,119,000 2,430,000 380,000 -1,318,000 777,000 2,862,000 1,291,000 644,000 
      effect of exchange rates on cash, cash equivalents and restricted cash
    		-10,000                
      net decrease in cash, cash equivalents and restricted cash
    		-8,436,000 -13,490,000 -17,518,000   -11,483,000 -31,646,000   -31,281,000 -40,887,000    -16,995,000  
      cash, cash equivalents and restricted cash
    		                
      beginning of the period
    		0 0 336,763,000 0 0 0 260,260,000 0 0 0 225,674,000 1,000 -1,000 0 305,097,000 0 
      end of the period
    		-8,436,000 -13,490,000 319,245,000 136,963,000 -17,331,000 -11,483,000 228,614,000 -30,642,000 137,396,000 -31,281,000 184,787,000 -27,357,000 -20,589,000 -14,482,000 288,102,000 -16,164,000 
      reconciliation of cash, cash equivalents and restricted cash to balance sheets:
    		                
      cash and cash equivalents
    		-8,436,000 -13,490,000 316,207,000 136,963,000 -17,331,000 -11,483,000 225,576,000 -29,865,000 137,396,000 -31,281,000 180,972,000 -27,358,000 -20,589,000 -14,482,000 284,288,000 -16,164,000 
      restricted cash
    		0 0 3,038,000 0 0 0 3,038,000 -777,000 0 0 3,815,000 1,000 0 0 3,814,000 0 
      cash, cash equivalents and restricted cash in balance sheets
    		-8,436,000 -13,490,000 319,245,000 136,963,000 -17,331,000 -11,483,000 228,614,000 -30,642,000 137,396,000 -31,281,000 184,787,000 -27,357,000 -20,589,000 -14,482,000 288,102,000 -16,164,000 
      supplemental cash flow information
    		                
      interest paid
    		878,000 869,000 885,000 924,000 1,011,000 1,031,000 1,004,000 1,004,000 988,000 943,000 1,121,000 718,000 1,204,000 1,198,000 1,171,000 1,184,000 
      non-cash investing and financing activities
    		                
      property and equipment included in accounts payable and accrued expenses
    		101,000 -775,000 1,388,000 323,000 -56,000 -478,000 559,000    2,269,000    351,000 10,000 
      transfer of evaluation or rental units from inventory to property and equipment
    		    0 -164,000 177,000          
      change in fair value in derivative liability
    		        27,000        
      loss on loan extinguishment
    		                
      operating lease liabilities
    		                
      proceeds from issuance of common stock, net of issuance costs
    		                
      proceeds from issuance of long-term debt, net of issuance costs
    		                
      payment of principal on long-term debt
    		                
      payment of final payment fee
    		                
      payment of prepayment fee
    		                
      net increase in cash, cash equivalents and restricted cash
    		   136,963,000    -30,642,000    -27,358,000 -20,588,000   -16,164,000 
      transfer of evaluation units from inventory to property and equipment
    		       470,000 0 -61,000 -62,000 -79,000 150,000   548,000 
      right-of-use assets obtained in exchange for operating lease liabilities
    		                
      proceeds from the issuance of common stock, net of issuance costs
    		                
      change in fair value in derivative liability and redeemable convertible preferred stock warrants
    		                
      proceeds from issuance of common stock from the initial public offering, net of underwriting discounts, commissions and offering expenses
    		               -45,000 
      proceeds from the exercise of redeemable convertible preferred stock warrants
    		               0 
      proceeds from issuance of series g redeemable convertible preferred stock, net of issuance costs
    		               0 
      property and equipment included in accounts payable and other current liabilities
    		        5,881,000    -366,000    
      right-of-use-assets obtained in exchange for operating lease liabilities
    		                
      change in fair value of redeemable convertible preferred stock warrants and derivative liability
    		           170,000 39,000 37,000 37,000 36,000 
      proceeds from issuance of series g preferred stock, net of issuance costs
    		                
      deferred offering costs included in accounts payable and other current liabilities
    		                
      other non-cash expense
    		                
      proceeds from issuance of note payable, net of issuance costs
    		                
      proceeds from issuance of series f redeemable convertible preferred stock, net of issuance costs
    		                
      conversion of redeemable convertible preferred stock to common stock
    		                
      non-cash lease expense
    		                
    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.