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 2020-06-30 2020-03-31 2019-12-31 2019-09-30 
      
    		                         
      cash flow from operating activities:
    		                         
      net income
    		-54,051,000 -11,366,000 62,400,000 -68,455,000 -17,938,000 -16,708,000 -31,101,000 -21,693,000 -22,949,000 -41,330,000 -82,500,000 -38,610,000 -47,258,000 -53,165,000 -57,412,000 -52,195,000 -57,196,000 -70,723,000 -55,993,000 -51,343,000 -43,305,000 -42,892,000 -38,292,000 -21,375,000 -25,274,000 
      adjustments to reconcile net income to cash from operating activities:
    		                         
      depreciation and amortization
    		8,209,000 8,256,000 8,375,000 8,294,000 8,270,000 8,227,000 8,309,000 8,165,000 7,744,000 7,965,000 7,821,000 7,414,000 7,195,000 6,696,000 6,364,000 5,691,000 6,034,000 6,371,000 5,435,000 5,172,000 4,917,000 4,611,000 4,145,000 3,871,000 3,544,000 
      stock-based compensation expense
    		6,605,000 8,208,000 7,359,000 6,502,000 7,758,000 7,702,000 7,120,000 7,980,000 8,536,000 8,766,000 8,991,000 9,118,000 10,841,000 13,665,000 12,514,000 12,478,000 12,592,000 12,813,000 10,919,000 7,411,000 7,372,000 6,129,000 3,410,000 2,795,000 2,519,000 
      reduction of operating lease right-of-use assets
    		4,014,000 3,982,000 3,961,000 3,912,000 3,837,000 3,776,000 3,667,000 3,747,000 3,831,000 3,996,000 5,172,000 5,004,000 4,929,000 4,872,000 4,797,000 4,674,000 4,977,000 5,033,000 4,755,000 4,059,000 3,944,000 3,938,000 4,121,000   
      bad debt expense
    		831,000 543,000 671,000 654,000 598,000 822,000 424,000 397,000 536,000 378,000 651,000 547,000 453,000 487,000 193,000 397,000 155,000   242,000 187,000 19,000 455,000 163,000 527,000 
      non-cash interest expense
    		-4,000,000 6,043,000 -560,000 4,923,000 -1,940,000 4,883,000 818,000                   
      issuance costs allocated to liability classified warrants
    		   0 0 0 374,000                   
      accretion of debt discounts and issuance costs
    		603,000 566,000 494,000 520,000 562,000 464,000 581,000 653,000 641,000 646,000 633,000 426,000 649,000 652,000 641,000 4,135,000 4,051,000 3,988,000 1,815,000 1,131,000 1,099,000     
      benefit from inventory write-downs and shrinkage
    		743,000 960,000 525,000 111,000 639,000 691,000 1,149,000 947,000 2,305,000 3,085,000 3,446,000               
      gain on debt extinguishment
    		-3,684,000 0 -37,101,000 0 0 0 -4,177,000                   
      change in fair value of warrant liability
    		43,928,000 -4,537,000 -42,503,000 58,958,000 -744,000 -5,630,000 15,583,000                   
      gain related to warehouse fire
    		-9,000 27,000 -380,000                       
      other adjustments
    		7,000 8,000 -44,000 463,000 44,000 27,000 -699,000         0 -36,000 41,000 5,000       
      changes in operating assets and liabilities:
    		                         
      accounts receivable
    		-2,406,000 4,440,000 -14,460,000 1,338,000 -101,000 2,547,000 -3,017,000 -4,059,000 -8,106,000 2,569,000 2,615,000 -4,001,000 -2,842,000 1,325,000 -602,000 -1,394,000 -1,117,000 -296,000 1,219,000 -2,896,000 1,566,000 -3,242,000 4,235,000 993,000 55,000 
      inventory
    		-1,665,000 -3,264,000 -3,414,000 -3,773,000 725,000 -606,000 -23,000 1,464,000 -1,058,000 1,854,000 8,678,000 20,007,000 11,056,000 -332,000 -2,683,000 -7,139,000 -4,798,000 -9,576,000 -7,181,000 -24,768,000 1,469,000 4,211,000 -1,317,000 -9,753,000 -1,182,000 
      prepaid expenses and other current assets
    		-5,516,000 -712,000 7,307,000 -289,000 -3,806,000 1,803,000 2,993,000 104,000 -2,224,000 5,260,000 -1,139,000 3,591,000 -6,781,000 664,000 -426,000 1,321,000 -4,697,000 -2,402,000 1,769,000 1,183,000 -3,305,000 -3,677,000 2,356,000 -733,000 -2,508,000 
      other assets
    		2,000 -32,000 -469,000 -153,000 45,000 -74,000 258,000 -194,000 -36,000 -2,359,000 -461,000 -18,000 -40,000 428,000 -779,000 169,000 -41,000 -660,000 -106,000 -30,000 972,000 -29,000 -365,000 -1,162,000 -275,000 
      operating lease liability
    		-5,493,000 -5,421,000 -5,455,000 -5,620,000 -5,370,000 -4,977,000 -4,916,000 -5,079,000 -9,962,000 -5,279,000 -6,158,000 -4,690,000 -4,679,000 -4,740,000 -3,655,000 -2,737,000 -4,482,000 -4,083,000 -3,983,000 -4,042,000 -3,868,000 -2,121,000 -2,721,000   
      accounts payable
    		-1,694,000 574,000 1,783,000 73,000 -1,976,000 2,680,000 133,000 1,125,000 -3,313,000 3,148,000 -1,385,000 880,000 500,000 1,537,000 2,030,000 -3,769,000 -4,347,000 3,199,000 -5,072,000 6,964,000 1,365,000 -3,323,000 -2,206,000 4,616,000 1,237,000 
      accrued consignor payable
    		10,794,000 -6,269,000 -7,440,000 16,476,000 7,698,000 -11,382,000 -1,322,000 10,597,000 4,688,000 -10,277,000 -9,429,000 9,772,000 7,328,000 -4,210,000 -2,389,000 10,676,000 5,331,000 551,000 -2,569,000 12,563,000 9,607,000 1,394,000 -19,331,000 12,950,000 6,466,000 
      other accrued and current liabilities
    		21,944,000 -5,489,000 -9,254,000 3,054,000 10,993,000 -1,342,000 385,000 1,035,000 8,140,000 -8,745,000 -894,000 -5,329,000 9,927,000 -5,794,000 -8,627,000 8,971,000 7,330,000 15,168,000 -547,000 5,483,000 8,135,000 3,241,000 -8,865,000 10,192,000 2,238,000 
      other noncurrent liabilities
    		168,000 -87,000 -65,000 545,000 -111,000 -46,000 -6,000 -54,000 19,000 -161,000 24,000 -108,000 593,000 -114,000 -70,000 391,000 138,000 161,000 257,000 -16,000 260,000 2,000 -412,000 1,406,000 684,000 
      net cash from operating activities
    		19,330,000 -3,570,000 -28,270,000 27,994,000 9,073,000 -6,754,000 -3,467,000 10,523,000 -10,933,000 -30,425,000 -30,433,000 3,698,000 -7,351,000 -38,550,000 -49,354,000 -18,764,000 -35,071,000 -40,508,000 -47,808,000 -38,402,000 -9,436,000 -31,610,000 -54,971,000 3,629,000 -11,945,000 
      capex
    		-2,437,000 -7,804,000 -4,714,000 -5,080,000 -4,026,000 -3,001,000 -2,141,000 -3,649,000 -5,764,000 -8,058,000 -11,706,000 -6,453,000 -6,809,000 -4,456,000 -5,143,000 -7,167,000 -9,661,000 -14,717,000 -5,925,000 -49,000 -5,537,000 -4,375,000 -7,257,000 -5,932,000 -6,109,000 
      free cash flows
    		16,893,000 -11,374,000 -32,984,000 22,914,000 5,047,000 -9,755,000 -5,608,000 6,874,000 -16,697,000 -38,483,000 -42,139,000 -2,755,000 -14,160,000 -43,006,000 -54,497,000 -25,931,000 -44,732,000 -55,225,000 -53,733,000 -38,451,000 -14,973,000 -35,985,000 -62,228,000 -2,303,000 -18,054,000 
      cash flow from investing activities:
    		                         
      insurance proceeds related to warehouse fire
    		0 590,000 1,719,000 0                      
      capitalized proprietary software development costs
    		-3,175,000 -3,619,000 -2,864,000 -3,749,000 -2,913,000 -1,958,000 -3,180,000 -3,081,000 -2,356,000 -3,300,000 -4,214,000 -4,214,000 -3,227,000 -3,316,000 -3,304,000 -2,512,000 -2,634,000 -2,416,000 -2,405,000 -2,038,000 -2,861,000 -2,299,000 -1,480,000 -2,597,000 -2,783,000 
      purchases of property and equipment
    		-2,437,000 -7,804,000 -4,714,000 -5,080,000 -4,026,000 -3,001,000 -2,141,000 -3,649,000 -5,764,000 -8,058,000 -11,706,000 -6,453,000 -6,809,000 -4,456,000 -5,143,000 -7,167,000 -9,661,000 -14,717,000 -5,925,000 -2,568,000 -4,824,000 -4,375,000 -6,486,000 -8,650,000 -6,069,000 
      net cash from investing activities
    		-5,612,000 -10,833,000 -5,859,000 -8,829,000 -6,478,000 -4,959,000 -5,321,000 -6,730,000 -8,120,000 -11,358,000 -15,920,000 -10,667,000 -10,036,000 -7,772,000 -8,447,000 -9,679,000 -12,295,000 -17,133,000 -4,330,000 43,460,000 45,662,000 56,108,000 32,774,000 -214,404,000 -770,000 
      cash flow from financing activities:
    		                         
      proceeds from exercise of stock options
    		196,000 90,000 24,000 258,000 6,000 105,000 7,000 0 16,000    1,941,000 328,000 637,000  693,000 786,000 3,973,000       
      taxes paid related to restricted stock vesting
    		-37,000 -29,000 -54,000 -1,179,000 -103,000 -59,000 -305,000 -178,000 -90,000 -116,000 -295,000 -177,000 -5,000   -1,000    0 -227,000 -370,000 -151,000   
      proceeds from issuance of stock in connection with the employee stock purchase program
    		0   789,000 0   440,000 0   500,000 0   1,249,000          
      repayment of 2025 notes
    		0                         
      cash received from settlement of capped calls in conjunction with the note exchanges
    		408,000 0 1,499,000                       
      issuance costs paid related to the note exchanges
    		-208,000 -5,004,000 -2,000                       
      net cash from financing activities
    		359,000 -30,854,000 1,467,000 -132,000 -162,000 -3,536,000 -929,000 262,000 -74,000 333,000 -295,000 323,000 1,936,000 1,205,000 637,000 1,805,000 527,000 1,430,000 249,151,000 2,696,000 2,518,000 145,188,000 2,413,000 226,000 312,696,000 
      net decrease in cash, cash equivalents and restricted cash
    		14,077,000 -45,257,000 -32,662,000  2,433,000 -15,249,000 -9,717,000  -19,127,000                 
      cash, cash equivalents and restricted cash
    		                         
      beginning of period
    		0 0 187,123,000 0 0 0 190,623,000 0 0 0 293,793,000 0 0 0 418,171,000 0 0 0 350,846,000 0 0 0 154,446,000 0 0 
      end of period
    		14,077,000 -45,257,000 154,461,000 19,033,000 2,433,000 -15,249,000 180,906,000 4,055,000 -19,127,000 -41,450,000 247,145,000 -6,646,000 -15,451,000 -45,117,000 361,007,000 -26,638,000 -46,839,000 -56,211,000 547,859,000 7,754,000 38,744,000 169,686,000 134,662,000 -210,549,000 299,981,000 
      cash flows from operating activities:
    		                         
      property, plant, equipment, and right-of-use asset impairments
    		       5,922,000 312,000 614,000 32,891,000               
      loss related to warehouse fire
    		   461,000 -110,000                     
      cash received from settlement of capped calls in conjunction with the 2024 note exchange
    		                         
      issuance costs paid related to the 2024 note exchange
    		                         
      net increase in cash, cash equivalents, and restricted cash
    		                         
      cash, cash equivalents, and restricted cash
    		                         
      supplemental disclosures of cash flow information
    		                         
      cash paid for interest
    		                  7,000 4,000 2,000 1,000 4,000 21,000 313,000 
      cash paid for income taxes
    		                   0      
      supplemental disclosures of non-cash investing and financing activities
    		                         
      property and equipment additions not yet paid in cash
    		                  2,434,000       
      capitalized proprietary software development costs not yet paid in cash
    		                         
      stock-based compensation capitalized to proprietary software development costs
    		                  359,000       
      liability classified warrants issued in connection with the 2024 note exchange
    		                         
      net decrease in principal amount of debt due to the 2024 note exchange
    		                         
      tax withholding liability for restricted stock
    		                    -80,000     
      cash received from settlement of capped calls in conjunction with the note exchange
    		    0 0 396,000                   
      issuance costs paid related to the note exchange
    		    -65,000 -4,206,000 -1,027,000                   
      accrued interest on convertible notes
    		          575,000    575,000 -575,000 631,000 -575,000 1,469,000       
      loss on disposal of property and equipment and impairment of capitalized proprietary software
    		          36,000               
      gain on lease termination
    		       0                  
      proceeds from maturities of short-term investments
    		               0 0 0 4,000,000 55,998,000 45,415,000 62,782,000 114,020,000 5,283,000 11,100,000 
      proceeds from issuance of 2028 convertible notes, net of issuance costs
    		                         
      purchase of capped calls in conjunction with the issuance of the 2028 convertible senior notes
    		               0 0         
      purchases of property and equipment included in accounts payable and other accrued and current liabilities
    		                   2,519,000 -713,000     
      purchases of capitalized proprietary software development costs included in accounts payable and other accrued and current liabilities
    		                   -163,000 -131,000     
      loss on disposal/sale of property and equipment and impairment of capitalized proprietary software
    		        126,000    203,000 54,000 175,000           
      net decrease in cash and cash equivalents
    		          -46,648,000               
      cash and cash equivalents
    		                         
      purchases of short-term investments
    		                   0 0 0 -73,280,000 -208,440,000  
      proceeds from issuance of 2025 convertible notes, net of issuance costs
    		                         
      purchase of capped calls in conjunction with the issuance of the 2025 convertible senior notes
    		                         
      proceeds from exercise of stock options and common stock warrants
    		                   1,724,000 2,781,000 1,790,000 2,564,000 281,000 673,000 
      net increase in cash and cash equivalents
    		           -6,646,000 -15,451,000 -45,117,000 -57,164,000  -46,839,000         
      issuance costs associated with issuance of convertible senior notes included in other accrued and current liabilities
    		                   0 -36,000     
      proceeds from issuance of 2028 convertible senior notes, net of issuance costs
    		                -162,000 -448,000 278,844,000       
      compensation expense related to stock sales by current and former employees
    		                       0 0 
      change in fair value of convertible preferred stock warrant liability
    		                       0 0 
      loss on retirement of property and equipment
    		               142,000          
      proceeds from issuance of common stock in initial public offering, net of issuance costs
    		                       55,000  
      proceeds from issuance of redeemable convertible preferred stock, net of issuance costs
    		                       0 0 
      proceeds from issuance of convertible preferred stock, net of issuance costs
    		                       0 0 
      repayment of debt
    		                       0 -6,500,000 
      net increase in cash, cash equivalents and restricted cash
    		                  197,013,000 7,754,000 38,744,000 169,686,000 -19,784,000 -210,549,000 299,981,000 
      proceeds from sale of short-term investments
    		                         
      proceeds from issuance of 2025 convertible senior notes, net of issuance costs
    		                         
      proceeds from issuance of employee stock purchase program
    		                         
      purchase of capped calls
    		                  -33,666,000 0 0     
      capitalized proprietary software development costs additions not yet paid in cash
    		                  430,000       
      issuance costs associated with issuance of 2025 and 2028 convertible senior notes included in other accrued and current liabilities
    		                  1,173,000       
      change in fair value of convertible note derivative liability
    		                         
      accretion of unconditional endowment grant liability
    		                   12,000 12,000 4,000 23,000 24,000 26,000 
      amortization of premiums (discounts) on short-term investments
    		                   -23,000 137,000 -44,000 -207,000   
      proceeds from issuance of convertible notes, net of issuance costs
    		                         
      payment of deferred offering costs
    		                         
      issuance cost paid related to conversion of convertible notes
    		                         
      issuance of convertible preferred stock upon extinguishment of convertible notes
    		                         
      issuance of redeemable convertible preferred stock upon extinguishment of convertible notes
    		                         
      accretion of redeemable convertible preferred stock to redemption value
    		                       0 0 
      loss on extinguishment of convertible notes
    		                         
      reclassification of deferred offering costs
    		                         
      conversion of convertible preferred stock warrants in connection with ipo
    		                       0  
      conversion of redeemable convertible preferred stock in connection with ipo
    		                       0  
      conversion of convertible preferred stock in connection with ipo
    		                       0  
      proceeds from issuance of convertible senior notes, net of issuance costs
    		                    -36,000     
      deferred offering costs in accounts payable and accrued liabilities
    		                       -38,000 -2,191,000 
      accretion of debt discounts
    		                       0 2,000 
      purchases of property and equipment included in accounts payable and other current liabilities
    		                      -771,000   
      purchases of capitalized proprietary software development costs included in accounts payable and other current liabilities
    		                      756,000   
      issuance of common stock warrant to third-party service provider
    		                         
      taxes paid related to net share settlement of equity awards
    		                       -110,000  
      purchases of property and equipment included in accounts payable
    		                       2,718,000 -40,000 
      amortization of premiums on short-term investments
    		                        -4,000 
      purchases of investments
    		                         
      proceeds from issuance convertible notes, net of issuance costs
    		                         
    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.