7Baggers
Quarterly
Annual
    Unit: USD2024-03-31 2023-12-31 2023-09-30 
      
    		   
      cash flows from operating activities:
    		   
      net income
    		825,000 -2,083,000 -3,774,000 
      adjustments to reconcile net income to net cash from operating activities:
    		   
      depreciation and amortization
    		59,000 38,000 32,000 
      amortization of operating lease right-of-use asset
    		215,000 170,000 394,000 
      stock-based compensation
    		198,000 197,000 206,000 
      changes in operating assets and liabilities:
    		   
      accounts receivable
    		358,000 -87,000 -423,000 
      prepaid expenses and other current assets
    		30,000 157,000 120,000 
      other long-term assets
    		41,000 41,000 1,767,000 
      accounts payable
    		-1,194,000 1,208,000 -172,000 
      accrued expenses and other current liabilities
    		875,000 -1,313,000 670,000 
      operating lease liability
    		-144,000 342,000 -2,540,000 
      deferred revenue
    		-3,982,000 -681,000 -430,000 
      net cash from operating activities
    		-2,719,000 -2,011,000 -4,142,000 
      capex
    		90,000 -580,000 -313,000 
      free cash flows
    		-2,629,000 -2,591,000 -4,455,000 
      cash flows from investing activities:
    		   
      purchases of property and equipment
    		-154,000 -305,000 -313,000 
      net cash from investing activities
    		-154,000 -305,000 -313,000 
      cash flows from financing activities:
    		   
      proceeds from issuance of common stock, net of issuance costs
    		 0 0 
      net cash from financing activities
    		 0 0 
      net decrease in cash, cash equivalents and restricted cash
    		-2,873,000 -2,316,000 -4,455,000 
      cash, cash equivalents and restricted cash — beginning of period
    		20,645,000 0 0 
      cash, cash equivalents and restricted cash — end of period
    		17,772,000 -2,316,000 -4,455,000 
      reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets:
    		   
      cash and cash equivalents
    		16,300,000 -2,163,000 -4,455,000 
      restricted cash
    		  0 
      long-term restricted cash
    		1,472,000 0 0 
      total cash, cash equivalents and restricted cash
    		17,772,000 -2,316,000 -4,455,000 
      supplemental disclosures of non-cash investing and financing information:
    		   
      purchases of property and equipment not yet paid
    		244,000 -275,000  
      operating lease right-of-use asset obtained in exchange for operating lease obligation
    		   
      loss on disposal of property and equipment
    		 0  
      preferred stock issuance costs
    		   
      operating lease right-of-use asset obtained in exchange for operating lease liability
    		 -207,000  
      conversion of preferred stock to common stock
    		   
      fixed asset purchases in accounts payable
    		   
    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.