7Baggers
Quarterly
Annual
    Unit: USD2024-06-30 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 
      
    		            
      cash flows from operating activities:
    		            
      net income
    		-25,704,000 -22,848,000 -18,658,000 -1,306,000 -4,295,000 -14,813,000 -3,246,000 -3,918,000 -6,457,000 -14,120,000 -15,875,000 -25,128,000 
      adjustments to reconcile net income to net cash from operating activities:
    		            
      depreciation and amortization
    		36,048,000 36,429,000 34,660,000 32,343,000 31,872,000 31,792,000 31,100,000 30,812,000 30,372,000 29,935,000   
      share-based compensation
    		19,013,000 14,155,000 14,243,000 14,861,000 17,494,000 14,549,000 12,167,000 12,490,000 14,060,000 11,550,000   
      amortization of operating lease right-of-use assets
    		600,000 851,000 974,000 1,011,000 811,000 788,000       
      change in fair value of contingent consideration
    		-119,000 20,000           
      amortization of debt issuance costs
    		1,488,000 1,487,000 1,470,000 984,000 885,000 876,000       
      (benefit from) benefit from allowance for doubtful accounts
    		319,000 -1,272,000           
      gain on lease modification
    		2,328,000 -37,000 -1,000          
      gain on sale/disposal of property and equipment
    		315,000 -816,000           
      changes in operating assets and liabilities — net of effects of acquisitions:
    		            
      accounts receivables
    		-28,589,000 17,748,000 70,150,000 -57,317,000 -33,511,000 8,360,000 46,676,000 -46,008,000 -11,418,000 4,775,000 36,281,000 -28,247,000 
      prepaid expenses and other current assets
    		4,968,000 -9,922,000 -1,448,000 1,782,000 4,448,000 -7,135,000 29,000 -1,680,000 8,001,000 -4,686,000 3,234,000 -8,599,000 
      other assets
    		185,000 191,000 -2,183,000 381,000 -994,000 -2,283,000 -1,266,000 2,289,000 -2,365,000 -1,450,000 91,000 8,868,000 
      accounts payable
    		1,992,000 -646,000 1,595,000 3,169,000 -433,000 250,000 -431,000 -509,000 1,311,000 -6,423,000 4,260,000 -3,664,000 
      accrued expenses
    		16,756,000 -25,371,000 5,390,000 6,106,000 4,305,000 -16,512,000 10,459,000 7,333,000 3,057,000 -10,911,000 2,135,000 -554,000 
      other liabilities
    		-1,795,000 -1,654,000 -1,429,000 -940,000 -1,485,000 -1,737,000 3,942,000 -3,073,000 1,349,000 -6,566,000 -79,000 -149,000 
      deferred taxes
    		-5,481,000 4,533,000 3,251,000 -3,714,000 -2,340,000 -494,000 -14,762,000 -2,086,000 -3,315,000 4,894,000 -3,458,000 -2,514,000 
      tax receivable agreement liability
    		622,000 323,000 -3,014,000          
      deferred revenue
    		-70,300,000 -102,856,000 -64,061,000 221,148,000 -50,275,000 -73,687,000 -52,864,000 190,699,000 -51,368,000 -74,019,000 -48,994,000 178,852,000 
      net cash from operating activities
    		-47,354,000 -89,685,000 42,943,000 220,392,000 -32,714,000 -60,027,000 42,227,000 187,101,000 -15,776,000 -64,543,000 20,217,000 173,820,000 
      capex
    		-1,064,000 -3,887,000 -837,000 -393,000 -582,000 -356,000 -807,000 -643,000 -440,000 -1,761,000 -766,000 -1,050,000 
      free cash flows
    		-48,418,000 -93,572,000 42,106,000 219,999,000 -33,296,000 -60,383,000 41,420,000 186,458,000 -16,216,000 -66,304,000 19,451,000 172,770,000 
      cash flows from investing activities:
    		            
      purchases of property and equipment
    		-1,064,000 -3,887,000 -837,000 -393,000 -582,000 -356,000 -807,000 -643,000 -440,000 -1,761,000 -766,000 -1,050,000 
      proceeds from sale of property and equipment
    		  16,000          
      investment in capitalized product development costs
    		-9,114,000 -8,956,000 -9,807,000 -8,766,000 -10,272,000 -9,676,000 -8,175,000 -12,358,000 -12,007,000 -8,920,000 -7,642,000 -9,141,000 
      acquisitions—net of cash acquired
    		0 -36,062,000 -290,293,000    12,000 0 -15,625,000 -15,530,000 -14,363,000 -311,000 
      payment of acquisition-related deferred consideration
    		0 -5,800,000           
      net cash from investing activities
    		-9,339,000 -54,705,000 -300,921,000 -22,676,000 -10,854,000 -10,032,000 -8,970,000 -13,001,000 -29,464,000 -26,211,000 -22,771,000 -10,610,000 
      cash flows from financing activities:
    		            
      taxes paid related to the net share settlement of equity awards
    		-52,000 -65,000 -66,000 -113,000 -141,000 -1,284,000 -2,363,000      
      proceeds from revolving credit agreement
    		210,000,000 140,000,000 20,000,000 10,000,000   0 0 40,000,000 30,000,000 0 0 
      repayment of revolving credit agreement
    		-148,000,000 -15,000,000 -30,000,000    0    0  
      repayment of first lien debt
    		-2,095,000 -2,095,000 0 -2,199,000 -1,937,000 -1,938,000 -1,937,000 -1,938,000 -1,937,000 -1,938,000 -1,937,000 -1,938,000 
      payment of contingent consideration
    		0 -245,000           
      net cash from financing activities
    		59,853,000 122,595,000 -25,465,000 96,635,000 7,922,000 -3,222,000 -4,300,000 -80,762,000 38,063,000 27,767,000 -1,939,000 -94,026,000 
      effect of foreign exchange rate changes on cash
    		93,000 166,000 -333,000 86,000 -234,000 73,000 -359,000 90,000 -964,000 92,000 -41,000 -704,000 
      net decrease in cash, cash equivalents, and restricted cash
    		3,253,000 -21,629,000  294,437,000 -35,880,000 -73,208,000   -8,141,000 -62,895,000   
      cash, cash equivalents, and restricted cash—beginning of period
    		0 39,554,000 -1,000 0 1,000 137,981,000 0 0 0 86,991,000 0 0 
      cash, cash equivalents, and restricted cash—end of period
    		3,253,000 17,925,000 -283,777,000 294,437,000 -35,879,000 64,773,000 28,598,000 93,428,000 -8,141,000 24,096,000 -4,534,000 68,480,000 
      supplemental disclosures of cash flow information:
    		            
      cash paid for interest
    		20,641,000 19,129,000 18,138,000    4,248,000 10,528,000 7,989,000 6,183,000 6,664,000 13,129,000 
      cash paid for income taxes
    		529,000 890,000 1,079,000    517,000 480,000 391,000 715,000 1,053,000 -1,599,000 
      supplemental disclosures of noncash investing and financing activities:
    		            
      property and equipment additions in accounts payable and accrued expenses
    		            
      capitalized interest related to investment in capitalized product development costs
    		464,000 374,000 658,000    439,000 254,000 182,000 61,000 136,000 102,000 
      reconciliation of cash, cash equivalents, and restricted cash
    		            
      cash and cash equivalents
    		3,253,000 17,425,000 -283,777,000    28,598,000 93,428,000 -8,140,000 23,585,000 -4,534,000 68,480,000 
      restricted cash, included in other current assets
    		0 500,000 0    0 0 -1,000 511,000 0 0 
      total cash, cash equivalents, and restricted cash
    		3,253,000 17,925,000 -283,777,000    28,598,000 93,428,000 -8,141,000 24,096,000 -4,534,000 68,480,000 
      property and equipment additions in accounts payable and accrued liabilities
    		 507,000 207,000    -200,000 238,000 21,000 67,000 531,000 50,000 
      loss on modification and extinguishment of debt
    		            
      change in fair value of acquisition-related contingent consideration
    		  0 362,000 -185,000 -450,000 700,000 340,000     
      benefit from allowance for doubtful accounts
    		  1,831,000 1,342,000 995,000 369,000     992,000 389,000 
      write off of right-of-use assets and disposal of property and equipment
    		            
      purchase of internal use software
    		  0          
      payment of acquisition-related contingent consideration
    		  0          
      proceeds from first lien debt amendment
    		  0          
      proceeds from bridge loan
    		          0 0 
      repayment of bridge loan
    		          0  
      repayment of second lien debt
    		          0  
      repayment of incremental facility
    		          0 -68,425,000 
      payments for repurchase of management incentive units
    		          0 0 
      payments of deferred offering costs
    		      0 0 0 -295,000 0 -9,098,000 
      payment of debt issuance costs
    		  -15,399,000        0 -723,000 
      repayment of capital leases
    		          -2,000 83,000 
      proceeds from initial public offering
    		          0  
      net increase in cash, cash equivalents, and restricted cash
    		      28,598,000    -4,534,000  
      write-off of right-of-use assets and disposal of property and equipment
    		            
      loss on lease modification
    		    1,000 52,000       
      write-off of right-of-use assets and property and equipment
    		            
      disposal of property and equipment
    		     48,000       
      loss on extinguishment of debt
    		          0  
      other
    		      9,483,000 412,000 -1,674,000 2,478,000   
      purchase of capital lease
    		            
      partial payment of acquisition-related contingent consideration
    		       0     
      depreciation of property and equipment
    		          1,531,000 1,671,000 
      amortization of intangible assets
    		          23,153,000 23,476,000 
      amortization of capitalized product development costs
    		          4,299,000 4,035,000 
      loss on disposal/retirement of property and equipment
    		          70,000 23,000 
      equity-based compensation
    		            
      amortization of debt issuance costs and discount
    		          895,000 1,738,000 
      proceeds from incremental facility, net of issuance costs
    		            
      proceeds from members’ investment
    		            
      non-cash investing and financing activities:
    		            
      management incentive unit-based compensation
    		           10,718,000 
    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.