Quarterly
Annual
| Unit: USD | 2025-09-30 | 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 | 2019-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue: | ||||||||||||||||||||||||||
consignment revenue | 134,429,000 | 128,620,000 | 123,814,000 | 128,126,000 | 116,908,000 | 112,714,000 | 115,648,000 | 113,500,000 | 102,852,000 | 96,577,000 | 102,643,000 | 110,199,000 | 93,874,000 | 96,917,000 | ||||||||||||
direct revenue | 22,928,000 | 20,495,000 | 20,454,000 | 19,524,000 | 15,623,000 | 16,724,000 | 12,709,000 | 15,964,000 | 17,356,000 | 20,887,000 | 24,953,000 | 33,252,000 | 34,005,000 | 42,646,000 | 48,823,000 | 45,262,000 | 29,387,000 | 22,460,000 | 23,735,000 | 15,512,000 | 13,645,000 | 10,523,000 | 12,942,000 | 16,649,000 | 10,695,000 | 10,263,000 |
shipping services revenue | 16,216,000 | 16,073,000 | 15,765,000 | 16,345,000 | 15,224,000 | 15,496,000 | 15,443,000 | 13,909,000 | 12,964,000 | 13,391,000 | 14,308,000 | 16,204,000 | 14,824,000 | 14,872,000 | ||||||||||||
total revenue | 173,573,000 | 165,188,000 | 160,033,000 | 163,995,000 | 147,755,000 | 144,934,000 | 143,800,000 | 143,373,000 | 133,172,000 | 130,855,000 | 141,904,000 | 159,655,000 | 142,703,000 | 154,435,000 | 146,700,000 | 145,125,000 | 118,838,000 | 104,912,000 | 98,817,000 | 86,268,000 | 78,052,000 | 57,389,000 | 78,239,000 | 97,321,000 | 80,485,000 | 70,976,000 |
yoy | 17.47% | 13.97% | 11.29% | 14.38% | 10.95% | 10.76% | 1.34% | -10.20% | -6.68% | -15.27% | -3.27% | 10.01% | 20.08% | 47.20% | 48.46% | 68.23% | 52.25% | 82.81% | 26.30% | -11.36% | -3.02% | -19.14% | ||||
qoq | 5.08% | 3.22% | -2.42% | 10.99% | 1.95% | 0.79% | 0.30% | 7.66% | 1.77% | -7.79% | -11.12% | 11.88% | -7.60% | 5.27% | 1.09% | 22.12% | 13.27% | 6.17% | 14.55% | 10.53% | 36.01% | -26.65% | -19.61% | 20.92% | 13.40% | |
cost of revenue: | ||||||||||||||||||||||||||
cost of consignment revenue | 14,318,000 | 13,761,000 | 12,954,000 | 14,087,000 | 13,326,000 | 13,108,000 | 13,280,000 | 14,439,000 | 13,577,000 | 14,575,000 | 15,529,000 | 13,770,000 | 15,206,000 | 14,254,000 | ||||||||||||
cost of direct revenue | 18,130,000 | 17,185,000 | 15,235,000 | 16,839,000 | 12,925,000 | 13,760,000 | 12,285,000 | 13,181,000 | 15,686,000 | 20,446,000 | 25,030,000 | 36,246,000 | 28,721,000 | 36,660,000 | 40,034,000 | 36,062,000 | 25,025,000 | 19,975,000 | 20,365,000 | 13,728,000 | 11,964,000 | 8,760,000 | 10,954,000 | 13,788,000 | 8,811,000 | 7,726,000 |
cost of shipping services revenue | 12,205,000 | 11,566,000 | 11,821,000 | 11,006,000 | 10,791,000 | 10,600,000 | 10,956,000 | 9,704,000 | 9,837,000 | 9,660,000 | 11,362,000 | 13,029,000 | 12,999,000 | 15,834,000 | ||||||||||||
total cost of revenue | 44,653,000 | 42,512,000 | 40,010,000 | 41,932,000 | 37,042,000 | 37,468,000 | 36,521,000 | 37,324,000 | 39,100,000 | 44,681,000 | 51,921,000 | 63,045,000 | 56,926,000 | 66,748,000 | 68,083,000 | 64,498,000 | 47,739,000 | 41,499,000 | 40,479,000 | 33,451,000 | 28,268,000 | 21,620,000 | 29,042,000 | 34,774,000 | 28,257,000 | 24,926,000 |
gross profit | 128,920,000 | 122,676,000 | 120,023,000 | 122,063,000 | 110,713,000 | 107,466,000 | 107,279,000 | 106,049,000 | 94,072,000 | 86,174,000 | 89,983,000 | 96,610,000 | 85,777,000 | 87,687,000 | 78,617,000 | 80,627,000 | 71,099,000 | 63,413,000 | 58,338,000 | 52,817,000 | 49,784,000 | 35,769,000 | 49,197,000 | 62,547,000 | 52,228,000 | 46,050,000 |
yoy | 16.45% | 14.15% | 11.88% | 15.10% | 17.69% | 24.71% | 19.22% | 9.77% | 9.67% | -1.73% | 14.46% | 19.82% | 20.64% | 38.28% | 34.76% | 52.65% | 42.81% | 77.28% | 18.58% | -15.56% | -4.68% | -22.33% | ||||
qoq | 5.09% | 2.21% | -1.67% | 10.25% | 3.02% | 0.17% | 1.16% | 12.73% | 9.17% | -4.23% | -6.86% | 12.63% | -2.18% | 11.54% | -2.49% | 13.40% | 12.12% | 8.70% | 10.45% | 6.09% | 39.18% | -27.29% | -21.34% | 19.76% | 13.42% | |
gross margin % | 74.27% | 74.26% | 75.00% | 74.43% | 74.93% | 74.15% | 74.60% | 73.97% | 70.64% | 65.85% | 63.41% | 60.51% | 60.11% | 56.78% | 53.59% | 55.56% | 59.83% | 60.44% | 59.04% | 61.22% | 63.78% | 62.33% | 62.88% | 64.27% | 64.89% | 64.88% |
operating expenses: | ||||||||||||||||||||||||||
marketing | 14,146,000 | 15,548,000 | 15,855,000 | 14,610,000 | 11,604,000 | 13,759,000 | 15,283,000 | 13,815,000 | 11,591,000 | 15,351,000 | 17,518,000 | 14,659,000 | 13,511,000 | 16,997,000 | 17,961,000 | 18,371,000 | 15,708,000 | 13,109,000 | 15,561,000 | 17,066,000 | 15,186,000 | 9,639,000 | 12,922,000 | 10,896,000 | 13,390,000 | 11,715,000 |
operations and technology | 70,703,000 | 68,986,000 | 66,978,000 | 66,234,000 | 66,199,000 | 65,422,000 | 62,972,000 | 62,396,000 | 61,038,000 | 65,575,000 | 68,032,000 | 71,799,000 | 70,782,000 | 69,428,000 | 67,101,000 | 62,923,000 | 61,135,000 | 59,837,000 | 51,934,000 | 45,950,000 | 40,578,000 | 36,543,000 | 40,737,000 | 39,960,000 | 37,407,000 | 34,320,000 |
selling, general and administrative | 51,621,000 | 48,027,000 | 49,961,000 | 46,373,000 | 47,512,000 | 47,082,000 | 46,770,000 | 43,494,000 | 44,788,000 | 44,326,000 | 49,845,000 | 48,097,000 | 46,860,000 | 52,245,000 | 48,262,000 | 43,914,000 | 44,912,000 | 44,264,000 | 43,616,000 | 38,715,000 | 35,384,000 | 32,559,000 | 35,104,000 | 34,553,000 | 28,436,000 | 25,355,000 |
restructuring charges | 49,000 | 196,000 | 1,864,000 | 36,388,000 | ||||||||||||||||||||||
total operating expenses | 136,470,000 | 132,561,000 | 132,794,000 | 127,217,000 | 125,315,000 | 126,263,000 | 125,221,000 | 127,111,000 | 116,561,000 | 127,116,000 | 171,783,000 | 134,555,000 | 131,305,000 | 138,670,000 | 133,324,000 | 126,809,000 | 122,255,000 | 128,210,000 | 111,111,000 | 101,731,000 | 91,148,000 | 78,741,000 | 88,763,000 | 85,409,000 | 79,233,000 | 71,390,000 |
income from operations | -7,550,000 | -9,885,000 | -12,771,000 | -5,154,000 | -14,602,000 | -18,797,000 | -17,942,000 | -21,062,000 | -22,489,000 | -40,942,000 | -81,800,000 | -37,945,000 | -45,528,000 | -50,983,000 | -54,707,000 | -46,182,000 | -51,156,000 | -64,797,000 | -52,773,000 | -48,914,000 | -41,364,000 | -42,972,000 | -39,566,000 | -22,862,000 | -27,005,000 | -25,340,000 |
yoy | -48.29% | -47.41% | -28.82% | -75.53% | -35.07% | -54.09% | -78.07% | -44.49% | -50.60% | -19.69% | 49.52% | -17.84% | -11.00% | -21.32% | 3.66% | -5.59% | 23.67% | 50.79% | 33.38% | 113.95% | 53.17% | 69.58% | ||||
qoq | -23.62% | -22.60% | 147.79% | -64.70% | -22.32% | 4.77% | -14.81% | -6.35% | -45.07% | -49.95% | 115.58% | -16.66% | -10.70% | -6.81% | 18.46% | -9.72% | -21.05% | 22.78% | 7.89% | 18.25% | -3.74% | 8.61% | 73.06% | -15.34% | 6.57% | |
operating margin % | -4.35% | -5.98% | -7.98% | -3.14% | -9.88% | -12.97% | -12.48% | -14.69% | -16.89% | -31.29% | -57.64% | -23.77% | -31.90% | -33.01% | -37.29% | -31.82% | -43.05% | -61.76% | -53.40% | -56.70% | -53.00% | -74.88% | -50.57% | -23.49% | -33.55% | -35.70% |
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 on extinguishment of debt | 3,684,000 | 37,101,000 | 4,177,000 | |||||||||||||||||||||||
interest income | 818,000 | 1,109,000 | 1,374,000 | 1,671,000 | 1,940,000 | 2,263,000 | 2,069,000 | 2,088,000 | 2,260,000 | 2,404,000 | 2,053,000 | 1,831,000 | 1,002,000 | 260,000 | 98,000 | 116,000 | 55,000 | 107,000 | 87,000 | 168,000 | 448,000 | 616,000 | 1,286,000 | 1,675,000 | 1,902,000 | 610,000 |
interest expense | -7,085,000 | -7,038,000 | -6,320,000 | -5,916,000 | -5,948,000 | -5,769,000 | -3,751,000 | -2,683,000 | -2,673,000 | -2,678,000 | -2,667,000 | -2,458,000 | -2,675,000 | -2,675,000 | -2,664,000 | -6,157,000 | -6,072,000 | -6,006,000 | -3,296,000 | -2,454,000 | -2,406,000 | -384,000 | -20,000 | -44,000 | -60,000 | -380,000 |
other income | 34,000 | 608,000 | 38,000 | 6,000 | 266,000 | -139,000 | 1,000 | 5,000 | 17,000 | -80,000 | -97,000 | 8,000 | 4,000 | -119,000 | -1,706,000 | |||||||||||
income before benefit from income taxes | -54,027,000 | -11,277,000 | 62,495,000 | -68,357,000 | -17,866,000 | -16,673,000 | -31,030,000 | -21,657,000 | -22,902,000 | -41,216,000 | -82,414,000 | -38,534,000 | -47,195,000 | -53,132,000 | -57,412,000 | -52,222,000 | -57,168,000 | -70,696,000 | -55,965,000 | -51,280,000 | -43,322,000 | -42,837,000 | -38,292,000 | -21,227,000 | -25,282,000 | -26,816,000 |
benefit from income taxes | 24,000 | 89,000 | 95,000 | 98,000 | 72,000 | 35,000 | 71,000 | 36,000 | 47,000 | 114,000 | 86,000 | 76,000 | 63,000 | 33,000 | 55,000 | 59,000 | ||||||||||
net income attributable to common stockholders | -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 | -26,875,000 |
yoy | 201.32% | -31.97% | -300.64% | 215.56% | -21.84% | -59.57% | -62.30% | -43.82% | -51.44% | -22.26% | 43.70% | -26.03% | -17.38% | -24.83% | 2.53% | 1.66% | 32.08% | 64.89% | 46.23% | 140.20% | 71.34% | 59.60% | ||||
qoq | 375.55% | -118.21% | -191.15% | 281.62% | 7.36% | -46.28% | 43.37% | -5.47% | -44.47% | -49.90% | 113.68% | -18.30% | -11.11% | -7.40% | 10.00% | -8.74% | -19.13% | 26.31% | 9.06% | 18.56% | 0.96% | 12.01% | 79.14% | -15.43% | -5.96% | |
net income margin % | -31.14% | -6.88% | 38.99% | -41.74% | -12.14% | -11.53% | -21.63% | -15.13% | -17.23% | -31.58% | -58.14% | -24.18% | -33.12% | -34.43% | -39.14% | -35.97% | -48.13% | -67.41% | -56.66% | -59.52% | -55.48% | -74.74% | -48.94% | -21.96% | -31.40% | -37.86% |
loss per share attributable to common stockholders, basic | -0.47 | |||||||||||||||||||||||||
loss per share attributable to common stockholders, diluted | -0.49 | |||||||||||||||||||||||||
weighted-average shares used for eps calculation | 115,893,232 | 114,044,057 | 112,038,075 | |||||||||||||||||||||||
net income per share | -0.1 | 0.56 | -0.3 | -0.2 | -0.22 | -0.41 | -0.83 | -0.39 | -0.49 | -0.56 | -0.61 | -0.56 | -0.62 | -0.78 | -0.62 | -0.58 | -0.49 | -0.49 | -0.44 | 0.17 | -0.3 | -2.83 | ||||
net income per share | -0.1 | 0.56 | -0.3 | -0.2 | -0.22 | -0.41 | -0.83 | -0.39 | -0.49 | -0.56 | -0.61 | -0.56 | -0.62 | -0.78 | -0.62 | -0.58 | -0.49 | -0.49 | -0.44 | 0.17 | -0.3 | -2.83 | ||||
basic | -0.153 | -0.16 | -0.16 | |||||||||||||||||||||||
diluted | -0.153 | -0.17 | -0.2 | |||||||||||||||||||||||
shares used to compute net income per share attributable to common stockholders | ||||||||||||||||||||||||||
basic | 26,760,986.5 | 109,016,060 | 106,882,054 | |||||||||||||||||||||||
diluted | 26,760,986.5 | 112,418,751 | 111,117,389 | |||||||||||||||||||||||
shares used to compute net income per share attributable to common stockholders, basic and diluted | 105,212,053 | 718,207 | 102,648,790 | 100,973,105 | 99,608,071 | 884,628 | 96,696,417 | 94,901,943 | 93,476,106 | 414,339 | 91,859,603 | 91,062,220 | 90,044,082 | 410,732 | 87,869,321 | 87,064,384 | 86,588,796 | 12,922,059 | 84,634,956 | 9,494,447 | ||||||
restructuring | 6,066,000 | -856,000 | ||||||||||||||||||||||||
legal settlement | 114,000 | 152,000 | 1,601,000 | 500,000 | 11,000,000 | |||||||||||||||||||||
consignment and service revenue | 97,877,000 | 99,863,000 | 89,451,000 | 82,452,000 | 75,082,000 | 70,756,000 | 64,407,000 | 46,866,000 | 65,297,000 | 80,672,000 | 69,790,000 | 60,713,000 | ||||||||||||||
cost of consignment and service revenue | 28,049,000 | 28,436,000 | 22,714,000 | 21,524,000 | 20,114,000 | 19,723,000 | 16,304,000 | 12,860,000 | 18,088,000 | 20,986,000 | 19,446,000 | 17,200,000 | ||||||||||||||
benefit for income taxes | 20,750 | 28,000 | 27,000 | 28,000 | 9,500 | -17,000 | 12,750 | -8,000 | ||||||||||||||||||
net income | -51,343,000 | -43,305,000 | -42,892,000 | -38,292,000 | -21,375,000 | -25,274,000 | -26,875,000 | |||||||||||||||||||
accretion of redeemable convertible preferred stock to redemption value |
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.
