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 
      
    		                     
      assets
    		                     
      current assets
    		                     
      cash and cash equivalents
    		225,826,000 172,451,000 153,555,000 140,866,000 174,705,000 196,388,000 192,321,000 142,524,000 250,824,000 232,840,000 241,210,000 235,393,000 297,960,000 343,368,000 283,013,000 320,700,000 346,156,000 402,391,000 762,341,000 113,216,000  
      marketable securities
    		777,907,000 625,042,000 706,754,000 769,901,000 666,309,000 741,467,000 817,314,000 928,284,000 876,612,000 676,834,000 741,939,000 826,340,000 857,339,000 924,752,000 1,065,440,000 1,126,975,000 1,197,572,000 1,165,139,000 771,101,000 884,336,000  
      prepaid expenses and other current assets
    		11,798,000 8,746,000 11,173,000 11,519,000 12,700,000 35,614,000 35,400,000 12,709,000 10,129,000 8,951,000 11,476,000 10,591,000 10,349,000 10,328,000 13,789,000 15,757,000 8,611,000 10,622,000 8,502,000 11,616,000  
      total current assets
    		1,015,531,000 806,239,000 871,482,000 922,286,000 853,714,000 973,469,000 1,045,035,000 1,083,517,000 1,137,565,000 918,625,000 994,625,000 1,072,324,000 1,165,648,000 1,278,448,000 1,362,242,000 1,463,432,000 1,552,339,000 1,578,152,000 1,541,944,000 1,009,168,000 1,287,868 
      property and equipment
    		250,323,000 266,391,000 289,465,000 299,992,000 317,509,000 321,534,000 315,644,000 313,164,000 321,903,000 323,872,000 311,358,000 295,934,000 268,225,000 233,778,000 200,744,000 166,183,000 135,677,000 91,217,000 59,533,000 43,696,000  
      right-of-use assets - operating lease
    		35,134,000 48,795,000 50,144,000 51,472,000 52,689,000 53,979,000 54,596,000 55,863,000 57,112,000 58,343,000 59,566,000 60,782,000 62,254,000 63,494,000 57,729,000  22,911,000 23,382,000    
      right-of-use assets - finance lease
    		20,112,000 20,830,000 21,549,000 22,267,000 22,985,000 23,703,000 24,422,000 25,140,000 25,858,000 26,577,000 27,295,000 28,013,000 28,731,000 29,450,000 30,168,000 30,886,000 37,290,000 38,105,000    
      other assets
    		22,132,000 26,133,000 26,252,000 26,378,000 25,080,000 24,098,000 24,281,000 24,294,000 23,327,000 19,861,000 18,330,000 18,353,000 18,253,000 18,425,000 18,121,000 18,234,000 11,069,000 12,219,000 2,829,000 2,193,000  
      total assets
    		1,343,232,000 1,168,388,000 1,258,892,000 1,322,395,000 1,271,977,000 1,396,783,000 1,463,978,000 1,501,978,000 1,565,765,000 1,347,278,000 1,411,174,000 1,475,406,000 1,543,111,000 1,623,595,000 1,669,004,000 1,715,648,000 1,759,286,000 1,743,075,000 1,616,337,000 1,066,769,000 231,363,467 
      liabilities and stockholders’ equity
    		                     
      current liabilities
    		                     
      accounts payable
    		6,446,000 6,479,000 7,786,000 6,466,000 9,635,000 15,228,000 11,508,000 12,959,000 9,618,000 12,470,000 17,195,000 21,420,000 17,213,000 23,105,000 10,123,000 14,182,000 22,403,000 14,135,000 9,871,000 5,383,000 15,238 
      accrued liabilities
    		13,994,000 18,428,000 22,176,000 17,447,000 19,674,000 66,530,000 72,331,000 10,180,000 10,025,000 8,206,000 10,395,000 7,477,000 15,224,000 4,948,000 8,823,000 6,078,000 6,370,000 3,663,000 4,160,000 2,701,000  
      accrued compensation and benefits
    		19,551,000 14,998,000 13,332,000 32,212,000 22,848,000 22,368,000 8,738,000 26,043,000 18,938,000 19,684,000 9,269,000 13,061,000 9,062,000 8,724,000 7,830,000 9,119,000      
      operating lease liability, short-term
    		4,558,000 5,862,000 5,693,000 5,526,000 5,387,000 5,208,000 5,110,000 5,006,000 4,886,000 4,618,000 3,987,000 3,478,000 3,394,000 2,577,000 1,253,000 1,209,000 1,552,000 1,519,000 1,465,000 1,220,000  
      finance lease liability, short-term
    		3,493,000 3,405,000 3,319,000 3,233,000 3,149,000 3,067,000 2,986,000 2,907,000 2,829,000 2,753,000 2,677,000 1,373,000 501,000 461,000 20,000 19,000 152,000     
      total current liabilities
    		48,042,000 49,172,000 52,306,000 64,884,000 60,693,000 112,401,000 100,673,000 57,095,000 46,296,000 47,731,000 43,523,000 46,809,000 45,394,000 39,815,000 28,049,000 30,607,000 36,282,000 25,271,000 21,354,000 12,350,000 1,336,785 
      operating lease liability, long-term
    		35,728,000 49,983,000 51,474,000 52,913,000 54,374,000 55,646,000 56,256,000 57,622,000 58,881,000 60,168,000 61,481,000 62,560,000 63,643,000 64,753,000 58,822,000 36,760,000 22,102,000 22,516,000 11,344,000 11,244,000  
      finance lease liability, long-term
    		29,216,000 30,113,000 30,995,000 31,865,000 32,710,000 33,518,000 34,314,000 35,098,000 35,859,000 36,585,000 37,300,000 38,005,000 38,688,000 39,337,000 39,978,000 39,378,000 44,120,000 38,708,000    
      other liabilities
    		14,498,000 14,324,000 15,519,000 14,886,000 13,575,000 13,137,000 13,073,000 11,986,000 11,711,000 11,808,000 10,161,000 8,488,000 7,592,000 6,855,000 5,768,000 315,000      
      total liabilities
    		127,484,000 143,592,000 150,294,000 164,548,000 161,352,000 214,702,000 204,316,000 161,801,000 152,747,000 156,292,000 152,465,000 155,862,000 155,317,000 150,760,000 132,617,000 107,060,000 102,504,000 234,950,000 320,737,000 23,594,000 9,386,785 
      commitment and contingencies
    		                     
      stockholders’ equity
    		                     
      preferred stock- 0.0001 par value; 100,000 shares authorized, none issued and outstanding as of september 30, 2025 and december 31, 2024
    		                     
      common stock - 0.0001 par value; 1,250,000 shares authorized (1,000,000 class a and 250,000 class b); 558,608 class a and 42,540 class b shares issued and outstanding as of september 30, 2025, 487,883 class a and 54,666 class b shares issued and outstanding as of december 31, 2024
    		60,000                     
      additional paid-in-capital
    		4,908,604,000 4,612,488,000 4,581,379,000 4,515,879,000 4,353,487,000 4,305,018,000 4,260,514,000 4,221,892,000 4,184,840,000 3,855,602,000 3,809,459,000 3,771,181,000 3,734,584,000 3,699,039,000 3,664,433,000 3,634,665,000 3,612,054,000 3,478,814,000 3,346,442,000 2,437,242,000  
      accumulated other comprehensive income
    		543,000 -113,000 100,000  939,000              143,000 -31,000  
      accumulated deficit
    		-3,693,459,000 -3,587,635,000 -3,472,937,000 -3,358,514,000 -3,243,852,000 -3,124,280,000 -3,001,305,000 -2,880,657,000 -2,767,297,000 -2,656,680,000 -2,540,159,000 -2,435,512,000 -2,326,446,000 -2,208,786,000 -2,113,957,000 -2,023,605,000 -1,956,379,000 -1,971,730,000 -2,052,718,000 -1,395,776,000 -1,525,451 
      total stockholders’ equity
    		1,215,748,000 1,024,796,000 1,108,598,000 1,157,847,000 1,110,625,000 1,180,269,000 1,257,872,000 1,338,407,000 1,411,269,000 1,189,252,000 1,256,989,000 1,317,840,000 1,386,103,000 1,471,151,000 1,534,695,000 1,606,895,000 1,655,088,000 1,506,431,000 1,293,906,000 1,041,471,000  
      total liabilities and stockholders’ equity
    		1,343,232,000 1,168,388,000 1,258,892,000                   
      preferred stock- 0.0001 par value; 100,000 shares authorized, none issued and outstanding as of june 30, 2025 and december 31, 2024
    		                     
      common stock - 0.0001 par value; 1,250,000 shares authorized (1,000,000 class a and 250,000 class b); 522,075 class a and 43,241 class b shares issued and outstanding as of june 30, 2025, 487,883 class a and 54,666 class b shares issued and outstanding as of december 31, 2024
    		 56,000                    
      preferred stock- 0.0001 par value; 100,000 shares authorized, none issued and outstanding as of march 31, 2025 and december 31, 2024
    		                     
      common stock - 0.0001 par value; 1,250,000 shares authorized (1,000,000 class a and 250,000 class b); 515,661 class a and 43,241 class b shares issued and outstanding as of march 31, 2025, 487,883 class a and 54,666 class b shares issued and outstanding as of december 31, 2024
    		  56,000                   
      liabilities, redeemable non-controlling interest and stockholders’ equity
    		                     
      redeemable non-controlling interest
    		     1,812,000 1,790,000 1,770,000 1,749,000 1,734,000 1,720,000 1,704,000 1,691,000 1,684,000 1,692,000 1,693,000 1,694,000 1,694,000 1,694,000 1,704,000  
      preferred stock- 0.0001 par value; 100,000 shares authorized, none issued and outstanding as of december 31, 2024 and 2023
    		                     
      common stock - 0.0001 par value; 1,250,000 shares authorized (1,000,000 class a and 250,000 class b); 487,883 class a and 54,666 class b shares issued and outstanding as of december 31, 2024, 433,157 class a and 59,874 class b shares issued and outstanding as of december 31, 2023
    		   54,000                  
      accumulated other comprehensive loss
    		   428,000  -519,000 -1,387,000 -2,877,000 -6,323,000 -9,715,000 -12,355,000 -17,873,000 -22,078,000 -19,145,000 -15,824,000 -4,208,000 -629,000 -694,000    
      total liabilities, redeemable non-controlling interest and stockholders’ equity
    		   1,322,395,000 1,271,977,000 1,396,783,000 1,463,978,000 1,501,978,000 1,565,765,000 1,347,278,000 1,411,174,000 1,475,406,000 1,543,111,000 1,623,595,000 1,669,004,000 1,715,648,000 1,759,286,000 1,743,075,000 1,616,337,000 1,066,769,000  
      commitments and contingencies
    		                     
      preferred stock- 0.0001 par value; 100,000 shares authorized; none issued and outstanding as of september 30, 2024 and december 31, 2023
    		                     
      common stock - 0.0001 par value; 1,250,000 shares authorized (1,000,000 class a and 250,000 class b); 457,544 class a and 54,666 class b shares issued and outstanding as of september 30, 2024; 433,157 class a and 59,874 class b shares issued and outstanding as of december 31, 2023
    		    51,000                 
      preferred stock- 0.0001 par value; 100,000 shares authorized; none issued and outstanding as of june 30, 2024 and december 31, 2023
    		                     
      common stock - 0.0001 par value; 1,250,000 shares authorized (1,000,000 class a and 250,000 class b); 448,974 class a and 54,666 class b shares issued and outstanding as of june 30, 2024; 433,157 class a and 59,874 class b shares issued and outstanding as of december 31, 2023
    		     50,000                
      preferred stock- 0.0001 par value; 100,000 shares authorized; none issued and outstanding as of march 31, 2024 and december 31, 2023
    		                     
      common stock - 0.0001 par value; 1,250,000 shares authorized (1,000,000 class a and 250,000 class b); 444,821 class a and 54,666 class b shares issued and outstanding as of march 31, 2024; 433,157 class a and 59,874 class b shares issued and outstanding as of december 31, 2023
    		      50,000               
      preferred stock- 0.0001 par value; 100,000 shares authorized, none issued and outstanding as of december 31, 2023 and 2022
    		                     
      common stock - 0.0001 par value; 1,250,000 shares authorized (1,000,000 class a and 250,000 class b); 433,157 class a and 59,874 class b shares issued and outstanding as of december 31, 2023, 358,505 class a and 79,454 class b shares issued and outstanding as of december 31, 2022
    		       49,000              
      preferred stock- 0.0001 par value; 100,000 shares authorized; none issued and outstanding as of september 30, 2023 and december 31, 2022
    		                     
      common stock - 0.0001 par value; 1,250,000 shares authorized (1,000,000 class a and 250,000 class b); 429,571 class a and 59,874 class b shares issued and outstanding as of september 30, 2023, 358,505 class a and 79,454 class b shares issued and outstanding as of december 31, 2022
    		        49,000             
      preferred stock- 0.0001 par value; 100,000 shares authorized; none issued and outstanding as of june 30, 2023 and december 31, 2022
    		                     
      common stock - 0.0001 par value; 1,250,000 shares authorized (1,000,000 class a and 250,000 class b); 382,280 class a and 65,106 class b shares issued and outstanding as of june 30, 2023, 358,505 class a and 79,454 class b shares issued and outstanding as of december 31, 2022
    		         45,000            
      preferred stock- 0.0001 par value; 100,000 shares authorized; none issued and outstanding as of march 31, 2023 and december 31, 2022
    		                     
      common stock - 0.0001 par value; 1,250,000 shares authorized (1,000,000 class a and 250,000 class b); 373,677 class a and 69,953 class b shares issued and outstanding as of march 31, 2023, 358,505 class a and 79,454 class b shares issued and outstanding as of december 31, 2022
    		          44,000           
      preferred stock- 0.0001 par value; 100,000 shares authorized, none issued and outstanding as of december 31, 2022 and 2021
    		                     
      common stock - 0.0001 par value; 1,250,000 shares authorized (1,000,000 class a and 250,000 class b); 358,505 class a and 79,454 class b shares issued and outstanding as of december 31, 2022, 332,869 class a and 95,450 class b shares issued and outstanding as of december 31, 2021
    		           44,000          
      preferred stock- 0.0001 par value; 100,000 shares authorized; none issued and outstanding as of september 30, 2022 and december 31, 2021
    		                     
      common stock - 0.0001 par value; 1,250,000 shares authorized (1,000,000 class a and 250,000 class b); 356,140 class a and 79,454 class b shares issued and outstanding as of september 30, 2022, 332,869 class a and 95,450 class b shares issued and outstanding as of december 31, 2021
    		            43,000         
      preferred stock- 0.0001 par value; 100,000 shares authorized; none issued and outstanding as of june 30, 2022 and december 31, 2021
    		                     
      common stock - 0.0001 par value; 1,250,000 shares authorized (1,000,000 class a and 250,000 class b); 349,671 class a and 82,998 class b shares issued and outstanding as of june 30, 2022, 332,869 class a and 95,450 class b shares issued and outstanding as of december 31, 2021
    		             43,000        
      preferred stock- 0.0001 par value; 100,000 shares authorized; none issued and outstanding as of march 31, 2022 and december 31, 2021
    		                     
      common stock - 0.0001 par value; 1,250,000 shares authorized (1,000,000 class a and 250,000 class b); 338,661 class a and 91,723 class b shares issued and outstanding as of march 31, 2022, 332,869 class a and 95,450 class b shares issued and outstanding as of december 31, 2021
    		              43,000       
      right-of-use assets- operating lease
    		               36,913,000      
      assumed common stock warrant liabilities
    		                 148,455,000 288,039,000   
      preferred stock- 0.0001 par value; 100,000 shares authorized, none issued and outstanding at december 31, 2021 and 2020
    		                     
      common stock - 0.0001 par value; 1,250,000 shares authorized (1,000,000 class a and 250,000 class b); 332,869 class a and 95,450 class b shares issued and outstanding at december 31, 2021, 207,769 class a and 156,225 class b shares issued and outstanding at december 31, 2020
    		               43,000      
      accrued compensation
    		                5,604,000 5,602,000 5,355,000 2,391,000  
      strategic premium, short-term
    		                201,000 352,000 503,000 655,000  
      preferred stock- 0.0001 par value; 100,000 shares authorized, none issued and outstanding as of september 30, 2021 and december 31, 2020
    		                     
      common stock - 0.0001 par value; 1,250,000 shares authorized (1,000,000 class a and 250,000 class b); 325,702 class a and 96,740 class b shares issued and outstanding as of september 30, 2021, 207,769 class a and 156,225 class b shares issued and outstanding as of december 31, 2020
    		                42,000     
      preferred stock- 0.0001 par value; 100,000 shares authorized, none issued and outstanding as of june 30, 2021 and december 31, 2020
    		                     
      common stock - 0.0001 par value; 1,250,000 shares authorized (1,000,000 class a and 250,000 class b); 304,933 class a and 109,607 class b shares issued and outstanding as of june 30, 2021, 207,769 class a and 156,225 class b shares issued and outstanding as of december 31, 2020
    		                 41,000    
      right-of-use lease asset
    		                  12,031,000 11,712,000  
      preferred stock- 0.0001 par value; 100,000,000 shares authorized, none issued and outstanding as of march 31, 2021 and december 31, 2020
    		                     
      common stock - 0.0001 par value; 1,250,000,000 shares authorized (1,000,000,000 class a and 250,000,000 class b); 233,610,488 class a and 156,161,849 class b shares issued and outstanding as of march 31, 2021, 207,769,091 class a and 156,224,614 class b shares issued and outstanding as of december 31, 2020
    		                  39,000   
      convertible preferred stock warrant liabilities
    		                     
      strategic premium, long-term and other liabilities
    		                     
      preferred stock- 0.0001 par value; 100,000,000 shares authorized, none issued and outstanding at december 31, 2020 and 2019
    		                     
      common stock - 0.0001 par value; 1,250,000,000 shares authorized (1,000,000,000 class a and 250,000,000 class b); 207,769,091 class a and 156,224,614 class b shares issued and outstanding at december 31, 2020, 81,720,530 class a and 158,056,527 class b shares issued and outstanding at december 31, 2019
    		                   36,000  
      assets:
    		                     
      current assets:
    		                     
      cash
    		                    1,002,785 
      prepaid expenses
    		                    285,083 
      investments held in trust account
    		                    230,075,599 
      liabilities and stockholders' equity:
    		                     
      current liabilities:
    		                     
      accrued expenses
    		                    1,155,999 
      franchise tax payable
    		                    90,548 
      notes payable - related party
    		                    75,000 
      deferred underwriting commissions
    		                    8,050,000 
      class a common stock
    		                    216,976,680 
      stockholders' equity:
    		                     
      preferred stock, 0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
    		                     
      class b common stock
    		                    575 
      additional paid-in capital
    		                    6,524,748 
      total stockholders' equity
    		                    5,000,002 
      total liabilities and stockholders' equity
    		                    231,363,467 
    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.