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 
      
    		                   
      cash flow from operating activities:
    		                   
      net income
    		-6,452,000 -5,208,000 -9,486,000 13,899,000 -912,000 1,971,000 -2,454,000 18,702,000 1,774,000 -5,724,000 -5,871,000 12,781,000 3,326,000 7,819,000 4,779,000 28,239,000 13,526,000 9,921,000 4,918,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                   
      depreciation and amortization
    		10,459,000 11,861,000 11,676,000 11,421,000 11,383,000 11,336,000 11,212,000 11,039,000 11,401,000 10,898,000 11,432,000 10,662,000 9,082,000 7,322,000 7,183,000 7,081,000 6,304,000 5,138,000 4,550,000 
      stock-based compensation
    		9,511,000 9,801,000 9,698,000 9,409,000 9,457,000 9,699,000 9,111,000 7,337,000 7,200,000 7,266,000 7,059,000 5,464,000 4,655,000 5,391,000 5,136,000 3,599,000 3,714,000 3,629,000 3,165,000 
      deferred income taxes
    		-2,748,000 -4,270,000 -4,754,000 -153,000 -2,099,000 -4,065,000 -4,667,000 779,000 -630,000 -9,228,000 -4,327,000 -3,217,000 -1,553,000 -751,000 -1,645,000 3,349,000 146,000 978,000 280,000 
      accretion of discount on marketable securities
    		-3,000 -365,000 -454,000 -565,000 -1,092,000 -1,226,000 -1,234,000 -1,032,000 -1,019,000 -985,000 -1,057,000 -407,000 -155,000 -38,000 23,000 1,000 -18,000   
      non-cash operating lease expense
    		1,818,000 1,782,000 1,928,000  1,623,000 1,785,000 1,690,000  1,538,000 1,535,000 1,532,000  1,294,000 1,726,000 1,272,000     
      other
    		-586,000 -55,000 -223,000 53,000 -79,000 2,000 -1,000 42,000 -1,000 7,000 -3,000 -8,000 -1,000 45,000 54,000 47,000 -4,000 0 2,000 
      changes in operating assets and liabilities:
    		                   
      accounts receivable
    		20,811,000 -34,279,000 75,691,000 -48,023,000 -25,203,000 -48,303,000 72,184,000 -84,083,000 -33,376,000 -19,549,000 61,292,000 -37,034,000 -10,316,000 -45,615,000 68,557,000 -58,529,000 -32,959,000 -22,357,000 46,440,000 
      prepaid expenses and other assets
    		-1,881,000 -6,021,000 5,681,000  1,843,000 -3,201,000 -196,000  2,594,000 13,000 894,000         
      accounts payable
    		-4,116,000 36,713,000 -62,578,000 29,255,000 23,609,000 43,676,000 -58,444,000 75,546,000 34,219,000 25,309,000 -55,387,000 25,750,000 17,711,000 44,890,000 -58,588,000 51,653,000 31,773,000 25,787,000 -40,912,000 
      accrued liabilities
    		5,988,000 5,728,000 -11,287,000 7,368,000 2,203,000 1,840,000 -1,784,000 -179,000 1,339,000 2,708,000 -833,000 3,782,000        
      operating lease liabilities
    		-584,000 -738,000 -590,000 -1,790,000 -1,771,000 -1,590,000 -1,380,000 -1,507,000 -1,542,000 -1,475,000 -1,265,000 -1,554,000 -1,600,000 -1,208,000 -1,177,000     
      other liabilities, non-current
    		157,000 -44,000 319,000 -257,000 177,000 20,000 257,000 73,000 348,000 -602,000 -712,000 1,841,000 365,000 222,000 -139,000 -561,000 -472,000 235,000 -129,000 
      net cash from operating activities
    		32,374,000 14,905,000 15,621,000 18,048,000 19,139,000 11,944,000 24,294,000 28,674,000 23,845,000 15,848,000 12,754,000 19,358,000 28,072,000 20,468,000 19,314,000 28,479,000 26,439,000 21,076,000 12,687,000 
      capex
    		-9,588,000 -5,640,000 -8,321,000 -4,868,000 -16,273,000 -5,031,000 -8,032,000 -3,962,000 -6,678,000 -5,053,000 -7,418,000 -3,122,000 -16,953,000 -14,247,000 -3,867,000 -1,495,000 -12,555,000 -12,921,000 -3,010,000 
      free cash flows
    		22,786,000 9,265,000 7,300,000 13,180,000 2,866,000 6,913,000 16,262,000 24,712,000 17,167,000 10,795,000 5,336,000 16,236,000 11,119,000 6,221,000 15,447,000 26,984,000 13,884,000 8,155,000 9,677,000 
      cash flows from investing activities:
    		                   
      purchases of property and equipment
    		-4,674,000 -1,340,000 -1,441,000  -11,731,000 -736,000 -801,000  -2,872,000 -1,135,000 -1,417,000  -14,577,000 -12,236,000 -148,000  -11,038,000 -11,546,000 -262,000 
      capitalized software development costs
    		-4,914,000 -4,300,000 -6,880,000 -4,868,000 -4,542,000 -4,295,000 -7,231,000 -3,962,000 -3,806,000 -3,918,000 -6,001,000 -3,427,000 -2,820,000 -2,542,000 -4,235,000 -2,174,000 -1,927,000 -1,810,000 -3,018,000 
      purchases of marketable securities
    		0 -10,719,000 -15,307,000 -24,039,000 -21,412,000 -62,229,000 -34,336,000 -63,671,000 -30,217,000 -6,372,000 -40,343,000 -37,680,000 -17,497,000 -43,194,000 -39,422,000 -37,444,000 -20,567,000 -9,383,000 -23,168,000 
      proceeds from sales of marketable securities
    		       0 0           
      proceeds from maturities of marketable securities
    		0 26,300,000 13,559,000 45,900,000 53,200,000 65,258,000 38,500,000 41,500,000 23,000,000 17,000,000 29,500,000 70,200,000 35,000,000 12,200,000 16,000,000 7,600,000 4,600,000 11,400,000 9,600,000 
      net cash from investing activities
    		17,507,000 9,941,000 -10,069,000 12,669,000 15,515,000 -2,002,000 -3,868,000 -31,310,000 -13,895,000 24,448,000 -18,261,000 20,185,000 -27,979,000 -45,772,000 -27,805,000 -39,604,000 -28,932,000 -11,339,000 -16,848,000 
      cash flows from financing activities:
    		                   
      payment of business combination indemnification claims holdback
    		   0 0 0 -2,148,000             
      proceeds from issuance of common stock for the 2020 employee stock purchase plan
    		0                   
      proceeds from exercise of stock options
    		321,000 611,000 563,000 187,000 304,000 335,000 939,000 339,000 273,000 623,000 314,000 135,000 222,000 357,000 481,000 2,096,000 1,249,000 1,627,000 451,000 
      principal payments on finance lease obligations
    		-35,000 -35,000 -35,000 -33,000 -33,000 -33,000 -32,000 -33,000 -31,000 -31,000 -31,000 -31,000 -32,000 -28,000 -28,000     
      payments to acquire treasury stock
    		-4,001,000 -38,649,000 -5,000,000 -9,932,000 -29,532,000 -18,368,000 -17,500,000 -17,789,000 -17,999,000 -15,582,000 -7,898,000     0 0 -25,000 -27,000 
      net cash from financing activities
    		-3,715,000 -36,716,000 -4,472,000 -8,861,000 -29,261,000 -16,615,000 -18,741,000 -16,585,000 -17,757,000 -14,019,000 -7,615,000 662,000 190,000 2,731,000 453,000 4,254,000 1,249,000 4,237,000 -381,000 
      net increase in cash and cash equivalents
    		  1,080,000 21,856,000 5,393,000 -6,673,000 1,685,000 -19,221,000 -7,807,000   40,205,000 283,000   -6,871,000 -1,244,000 13,974,000 -4,542,000 
      effect of foreign exchange rates on cash and cash equivalents
    		-94,000 535,000 279,000                 
      cash and cash equivalents - beginning of period
    		0 0 100,452,000  0 0 78,509,000  0 0 92,382,000  0 0 82,505,000  0 0 81,188,000 
      cash and cash equivalents - end of period
    		46,072,000 -11,335,000 101,811,000  5,393,000 -6,673,000 80,194,000  -7,807,000 26,277,000 79,260,000  283,000 -22,573,000 74,467,000  -1,244,000 13,974,000 76,646,000 
      supplemental disclosures of cash flow information:
    		                   
      income taxes paid
    		1,066,000 6,334,000 885,000 3,844,000 4,541,000 4,758,000 1,033,000 4,113,000 1,019,000 10,150,000 349,000 1,626,000 5,722,000 1,519,000 323,000 2,341,000 857,000 3,396,000 192,000 
      supplemental disclosures of non-cash investing and financing information:
    		                   
      stock-based compensation capitalized as internal-use software costs
    		844,000 873,000 906,000  796,000 792,000 710,000  617,000 658,000 547,000         
      property and equipment included in accounts payable and accrued liabilities
    		-776,000 1,018,000 194,000  -3,706,000 7,828,000 148,000  -1,121,000 1,039,000 1,311,000         
      capitalized software costs included in accounts payable and accrued liabilities
    		240,000 844,000 673,000  735,000 878,000 917,000  602,000 865,000 820,000         
      net decrease in cash and cash equivalents
    		          -13,122,000    -8,038,000     
      unrealized loss and impairment of equity investment
    		                   
      benefit from doubtful accounts
    		       0 0           
      non-cash lease expense
    		                   
      prepaid expenses and other current assets
    		           -241,000 -1,901,000 -1,507,000 2,054,000  959,000 -6,338,000 -1,241,000 
      purchases of and deposits on property and equipment
    		                   
      business combination, net of cash acquired
    		           0        
      proceeds from issuance of common stock for employee stock purchase plan
    		   917,000 0   898,000 0   558,000 0   2,169,000 0   
      effect of foreign currency on cash
    		                   
      cash and cash equivalents - beginning of year
    		                   
      cash and cash equivalents - end of year
    		                   
      stock-based compensation capitalized as internal use software costs
    		             389,000 333,000 275,000 267,000 208,000 153,000 
      property and equipment included in accounts payable and accrued expenses
    		           -6,801,000 713,000 6,503,000 334,000 -2,663,000 984,000 782,000 946,000 
      capitalized software costs included in accounts payable and accrued expenses
    		           305,000 444,000 531,000 516,000 679,000 410,000 435,000 270,000 
      business combination purchase consideration - indemnification claims holdback
    		       0 0 0 2,148,000 -449,000        
      unrealized (gain) loss and impairment of equity investment
    		                   
      proceeds from initial public offering, net of underwriting discounts and commissions
    		                   
      unrealized gain on equity investment
    		             915,000 -1,373,000     
      operating lease right-of-use assets obtained in exchange for new lease obligations
    		          167,000  1,545,000 4,235,000 4,632,000     
      purchase of equity securities
    		                   
      proceeds from repayments of stockholders’ notes receivable
    		                   
      deferred offering costs included in accounts payable and accrued liabilities
    		                   
      allowance for credit losses, beginning balance
    		                   
      provision
    		                   
      write-offs
    		                   
      allowance for credit losses, ending balance
    		                   
      payments for offering costs
    		                0 0 -805,000 
      accrued expenses
    		             1,257,000 -6,822,000 335,000 3,470,000 4,098,000 -4,373,000 
      impairment of internally developed software
    		                   
      change in fair value of preferred stock warrant liability
    		                   
      proceeds from initial public offering, net of underwriting discounts and commissions and other offering costs
    		                   
      non-cash exercise of convertible preferred stock warrant
    		                   
      deferred offering costs incurred during the period included in accounts payable and accrued expenses
    		                   
      amortization of premiums on marketable securities
    		                  -13,000 
      payments on revolving line of credit
    		                   
      issuance of stockholders’ notes receivable
    		                   
      payments on cancellation of stock options
    		                   
      allowance for doubtful accounts, beginning balance
    		                   
      allowance for doubtful accounts, ending balance
    		                   
    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.