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 
      
    		                   
      cash flows from operating activities:
    		                   
      net income
    		-18,257,000 -66,414,000 -60,616,000 -52,345,000 -51,939,000 -41,631,000 -44,260,000 -50,497,000 -40,568,000 -45,889,000 -45,617,000 -37,208,000 -34,610,000 -37,417,000 -26,709,000 3,196,000 -119,456,906 22,501,169 -23,560,263 
      adjustments to reconcile net income to net cash from operating activities:
    		                   
      depreciation and amortization
    		11,726,000 8,758,000 8,707,000 9,139,000 8,095,000 8,108,000 8,313,000 8,167,000 7,792,000 6,752,000 7,033,000 8,357,000 7,853,000 7,649,000 6,088,000 3,441,000    
      stock-based compensation expense
    		15,727,000 17,933,000 19,234,000 16,872,000 12,896,000 13,955,000 13,093,000 10,063,000 14,098,000 15,264,000 14,036,000 12,337,000 14,485,000 16,869,000 11,958,000     
      gain on disposal of assets
    		853,000                   
      loss on extinguishment of long-term debt
    		   0 0 0 1,330,000             
      amortization of debt issuance costs and discount
    		860,000 860,000 831,000 819,000 818,000 815,000 639,000 738,000 735,000 722,000 709,000 720,000 715,000 702,000 690,000 700,000    
      noncash lease expense
    		2,410,000 2,046,000 1,519,000 1,514,000 1,478,000 1,468,000 1,491,000 1,725,000 2,036,000 1,038,000 988,000 887,000 786,000 795,000 731,000 531,000    
      change in the fair value of contingent consideration
    		   0 0 53,000 -271,000 205,000 -462,000 1,300,000 300,000    2,500,000     
      accretion of marketable securities purchased at a discount
    		-500,000 -538,000 -561,000 -629,000 -667,000 -763,000 -842,000 -1,172,000 -1,283,000 -969,000 -1,147,000 -974,000        
      deferred income taxes
    		-34,503,000 2,039,000 -585,000 -1,711,000 310,000 1,922,000 78,000 64,000 396,000 -172,000 420,000 -1,743,000 916,000 1,809,000 -1,558,000 -6,272,000    
      changes in operating assets and liabilities:
    		                   
      accounts receivable
    		5,875,000 -22,343,000 -2,974,000 -14,356,000 28,348,000 -19,359,000 3,939,000 -12,346,000 2,365,000 25,549,000 -14,116,000 21,322,000 -17,826,000 -7,282,000 -5,644,000 2,812,000    
      contract assets
    		1,415,000 9,028,000 2,165,000 -13,651,000 -30,717,000 -3,849,000 -1,944,000 91,000 3,672,000 -4,155,000 -3,109,000 -585,000 -4,674,000 1,382,000 -3,668,000 -153,000    
      inventories
    		-14,054,000 -5,205,000 -6,308,000 -5,280,000 -9,648,000 -4,979,000 7,509,000 -4,629,000 -322,000 -3,899,000 -6,712,000 -8,329,000 -1,333,000 -7,170,000 -9,132,000 -462,000    
      prepaids and other current assets
    		582,000 -8,420,000 -9,617,000 5,640,000 6,589,000 665,000 -5,303,000 1,233,000 -4,980,000 -804,000 -10,035,000 2,114,000 -9,083,000 -7,019,000 -1,071,000 -8,633,000    
      other non-current assets
    		-1,747,000 10,308,000 1,571,000 -13,466,000 5,833,000 -1,023,000 -4,266,000 -758,000 -5,078,000 -5,737,000 103,000 -10,353,000 1,192,000 1,317,000 772,000     
      trade payables
    		-12,783,000 1,370,000 9,779,000 10,947,000 15,783,000 -257,000 -1,673,000 3,559,000 -1,208,000 1,929,000 11,305,000 -504,000 -3,617,000 1,187,000 805,000 -20,000    
      accrued expenses
    		-1,353,000 6,736,000 -2,712,000 6,106,000 -3,586,000 3,366,000 3,200,000 -1,088,000 658,000 -3,248,000 403,000 12,000 -97,000 -188,000 -3,245,000 305,000    
      employee benefits payables
    		40,128,000 3,542,000 -253,000  4,589,000 -442,000 -622,000 199,000 1,169,000 2,822,000 1,294,000 -411,000 -1,406,000 3,450,000 475,000 -1,560,000    
      contract liabilities
    		-16,404,000 16,511,000 -9,294,000 49,074,000 -16,927,000 33,513,000 11,205,000 5,542,000 -780,000 8,938,000 17,292,000 -3,743,000 21,937,000 -6,185,000 10,652,000 3,026,000    
      other current liabilities
    		-1,456,000 3,797,000 -3,699,000 -839,000 -134,000 -2,507,000 6,729,000 -2,931,000 -2,751,000 -4,186,000 2,305,000 -1,030,000 2,878,000 -4,834,000 4,266,000 930,000    
      non-current lease liabilities
    		-1,722,000 -4,877,000 -1,670,000 -2,084,000 -1,461,000 -1,435,000 -1,425,000 -1,760,000 -1,374,000 -1,051,000 -891,000 -1,135,000 -911,000 -857,000 -783,000 -543,000    
      other non-current liabilities
    		-320,000 137,000 245,000 556,000 589,000 575,000 489,000 -3,000 471,000 -290,000 49,000 629,000 12,000 16,000 11,000 373,000    
      net cash from operating activities
    		-23,523,000 -23,242,000 -54,225,000 -2,387,000 -30,915,000 -13,000,000 -2,588,000 -42,217,000 -25,201,000 -6,064,000 -25,385,000 -18,946,000 -22,997,000 -38,256,000 -26,339,000 -21,914,000    
      capex
    		-49,988,000 -28,483,000 -18,227,000 -21,554,000 -11,178,000 -14,618,000 -17,597,000 -10,414,000 -20,983,000 -9,353,000 -11,750,000 -14,993,000 -6,900,000 -13,218,000 -4,825,000 -14,199,000    
      free cash flows
    		-73,511,000 -51,725,000 -72,452,000 -23,941,000 -42,093,000 -27,618,000 -20,185,000 -52,631,000 -46,184,000 -15,417,000 -37,135,000 -33,939,000 -29,897,000 -51,474,000 -31,164,000 -36,113,000    
      cash flows from investing activities:
    		                   
      purchases of property, equipment and software
    		-45,912,000 -32,042,000 -28,677,000 -21,554,000 -11,018,000 -15,344,000 -19,177,000 -10,414,000 -21,047,000 -10,572,000 -12,674,000 -14,993,000 -8,349,000 -12,828,000 -6,242,000 -14,252,000    
      proceeds on disposal of assets
    		253,000 128,000 16,000 786,000 941,000               
      cash paid for business combination, net of acquired cash
    		                   
      purchases of marketable securities
    		-59,455,000 -43,686,000 -84,639,000 -12,613,000 -36,274,000 -33,915,000 -79,359,000 0 -75,266,000 -55,606,000 -76,394,000 -79,714,000        
      maturities of marketable securities
    		30,327,000 64,796,000 84,699,000 13,312,000 29,047,000 27,603,000 46,280,000 49,864,000 65,164,000 76,077,000 78,099,000         
      sale of marketable securities
    		0                   
      net cash from investing activities
    		-207,228,000 -7,421,000 -28,601,000 -17,926,000 -17,304,000 -10,841,000 -52,256,000 61,171,000 -31,964,000 -6,220,000 -10,969,000 -73,223,000 -188,713,000 -12,313,000 -71,830,000 -80,687,000    
      cash flows from financing activities:
    		                   
      proceeds from atm equity offerings
    		                   
      issuance costs related to atm equity offerings
    		                   
      proceeds from the exercise of stock options
    		2,160,000 331,000 48,000                 
      proceeds from employee stock purchase plan
    		2,915,000 2,599,000 2,237,000 1,585,000 1,433,000 2,158,000 507,000 1,208,000 1,258,000 1,320,000 1,202,000 1,231,000 1,058,000 1,066,000 1,025,000     
      proceeds from sale of employees restricted stock units to cover taxes
    		39,944,000 23,405,000 17,310,000 20,263,000 5,721,000 4,151,000 5,119,000 3,605,000 4,589,000 4,723,000 3,078,000 2,579,000 4,585,000 3,161,000 20,841,000     
      minimum tax withholding paid on behalf of employees for restricted stock units
    		-25,251,000 -23,844,000 -16,577,000 -20,167,000 -5,690,000 -4,316,000 -5,163,000 -3,370,000 -5,384,000 -5,053,000 -1,915,000 -2,856,000 -4,567,000 -14,985,000 -8,756,000     
      purchase of capped calls related to issuance of convertible senior notes
    		   0 0 0 -43,168,000             
      proceeds from issuance of convertible senior notes
    		   0 0 0 355,000,000             
      proceeds from secured term loans
    		                   
      repayments on secured term loan
    		-3,895,000 -8,314,000 -2,894,000                 
      payment of debt issuance costs
    		0 0 -278,000 0 0 -979,000 -11,226,000             
      finance lease principal payments
    		-71,000 -65,000 -61,000 -60,000 208,000 -387,000 -90,000 -88,000 -88,000 -82,000 -78,000 -78,000 -77,000 -71,000 -45,000     
      net cash from financing activities
    		475,686,000 290,545,000 115,503,000 183,000 -444,000 -1,764,000 258,707,000 2,506,000 860,000 1,945,000 2,058,000 472,000 2,135,000 -15,010,000 14,444,000 -1,840,000    
      effect of exchange rate changes on cash and cash equivalents
    		-1,213,000 855,000 272,000 -1,360,000 904,000 378,000 -519,000 482,000 43,000 -609,000 127,000 1,281,000 -767,000 4,432,000 -574,000 2,727,000    
      net increase in cash and cash equivalents and restricted cash
    		243,722,000 260,737,000 32,949,000 -21,490,000 -47,759,000 -25,227,000 203,344,000     -90,416,000 -210,342,000   -101,714,000    
      cash and cash equivalents, and restricted cash, beginning of period
    		0 0 275,302,000 0 0 0 166,434,000 0 0 0 245,871,000 0 0 0 692,075,000 0    
      cash and cash equivalents, and restricted cash, end of period
    		243,722,000 260,737,000 308,251,000 -21,490,000 -47,759,000 -25,227,000 369,778,000 21,942,000 -56,262,000 -10,948,000 211,702,000 -90,416,000 -210,342,000 -61,147,000 607,776,000 -101,714,000    
      supplemental disclosure of cash flow information:
    		                   
      cash paid for interest
    		9,593,000 2,724,000 9,575,000  9,650,000 2,318,000 2,270,000  3,690,000 3,634,000 3,417,000  2,823,000 2,479,000 2,292,000 2,069,000    
      cash paid for income taxes
    		145,000 214,000 214,000  77,000 377,000 26,000  187,000 72,000 315,000  490,000 -220,000 2,248,000     
      supplemental disclosure of noncash investing and financing activities:
    		                   
      unpaid purchases of property, equipment and software
    		-4,076,000 3,559,000 10,450,000  -160,000 726,000 1,580,000  64,000 1,219,000 924,000  1,449,000 -390,000 1,417,000 53,000    
      right-of-use assets obtained in exchange for new operating lease liabilities
    		17,050,000 19,423,000 179,000      0 71,000 908,000  2,560,000 0 3,783,000 3,567,000    
      issuance of common stock for payment of accrued bonus
    		0    0 0 1,795,000      0 0 1,441,000     
      accrued issuance costs in connection with atm equity offerings
    		                   
      common stock issued in acquisition, at fair value
    		    0               
      contingent consideration assumed at acquisition
    		                   
      proceeds from atm equity offering
    		 303,841,000 92,806,000                 
      issuance costs related to atm equity offering
    		 -7,408,000 -2,088,000                 
      proceeds from secured term loan
    		 0 25,000,000                 
      accrued issuance costs in connection with atm equity offering
    		 -527,000 615,000                 
      loss on disposal of assets
    		  13,000    3,000  213,000 22,000 5,000 891,000 7,000 20,000 5,000 93,000    
      accrued debt issuance costs
    		      979,000             
      (gain) loss on disposal of assets
    		   -472,000 -1,164,000               
      noncash income associated with liability-classified warrants
    		           0 0 0 -13,482,000     
      employee benefits payable
    		                   
      cash paid for business combinations and asset acquisitions, net of acquired cash and restricted cash
    		       -2,032,000 -815,000           
      proceeds from the exercise of stock options and public warrants
    		     216,000 943,000 151,000 485,000 1,037,000 771,000 -404,000 1,136,000 1,763,000 1,379,000     
      tax payment for net settled option shares
    		           0 0       
      payment of contingent consideration
    		       0 0 0 -1,000,000 0 0       
      repayments on secured term loans
    		                   
      cash paid for asset acquisition
    		                   
      repayments on trinity loan agreement
    		    -3,031,000 -2,607,000 -43,215,000             
      unpaid transaction costs
    		               -2,214,000    
      proceeds from revolving line of credit
    		                   
      repayments on revolving line of credit
    		                   
      proceeds from business combination and pipe investment, net of transaction costs
    		               -2,197,000    
      repurchase of shares and options from management, net of amount recognized as compensation cost
    		                   
      net decrease in cash and cash equivalents and restricted cash
    		        -56,262,000 -10,948,000 -34,169,000    -84,299,000     
      common stocks issued in acquisition, at fair value
    		                   
      net exercise of public and private warrants into common stock
    		            0 0 44,739,000     
      cash paid for acquisitions, net of acquired cash and restricted cash
    		           0        
      proceeds from long-term revolving line of credit
    		               0    
      proceeds from long-term secured term loan
    		               0    
      repayments on long-term revolving line of credit
    		               0    
      net proceeds from issuance of series e-1 preferred stock
    		                   
      repayments of marketable securities
    		                   
      warrants assumed as part of business combination
    		               0    
      prepaid expenses assumed as part of business combination
    		               33,000    
      cash paid for acquisition, net of acquired cash and restricted cash
    		             515,000 -65,588,000     
      payment of deferred transaction costs associated with planned reverse recapitalization transaction
    		                   
      supplemental disclosures of cash flow information:
    		                   
      deferred transaction costs in accrued expenses
    		                   
      stock compensation expense
    		               8,384,000    
      amortization of inventory step-up
    		                   
      loss on debt extinguishment
    		               0    
      noncash expense associated with liability-classified warrants
    		               -24,130,000    
      cash paid for acquisitions, net of acquired cash
    		                   
      repurchase of shares and options from management
    		               0    
      cash refunds/(paid) for income taxes
    		                   
      issuance of common stock warrants and accrued issuance costs in connection with loan and security agreement
    		                   
      issuance of common stock in connection with acquisition, at fair value
    		                   
      contingent consideration assumed at acquisitions
    		                   
      cash paid for acquisition, net of acquired cash
    		                   
      redeemable class a ordinary shares
    		                   
      numerator: earnings allocable to redeemable class a ordinary shares
    		                   
      interest income
    		                 53 4,810 
      redeemable net earnings
    		                 9,673 -4,810 
      denominator: weighted-average redeemable class a ordinary shares
    		                   
      redeemable class a ordinary shares, basic and diluted
    		                 0 32,000,000 
      earnings/basic and diluted redeemable class a ordinary shares
    		                 0 0 
      non-redeemable class b ordinary shares
    		                   
      numerator: net income minus redeemable net earnings
    		                   
      less: redeemable net earnings
    		                   
      non-redeemable net income
    		                 22,501,116 -23,565,073 
      denominator: weighted-average non-redeemable class b ordinary shares
    		                   
      non-redeemable class b ordinary shares, basic and diluted
    		                 0 8,000,000 
      loss/basic and diluted non-redeemable class b ordinary shares
    		                 2.82 -2.95 
      net earnings
    		                  4,810 
    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.