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 
      
    		                 
      operating activities:
    		                 
      net income
    		-9,816,000 -11,786,000 -8,190,000 -5,938,000 -6,338,000 -6,079,000 -9,100,000 -9,177,000 -12,415,000 -13,804,000 -13,212,000 -15,610,000 -16,818,000 -16,732,000 -17,596,000 -15,734,000 -12,672,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                 
      depreciation and amortization
    		854,000 785,000 776,000 515,000 1,133,000 812,000 1,115,000 1,051,000 1,083,000 989,000 955,000 918,000 941,000 1,009,000 1,016,000 1,025,000 1,006,000 
      benefit from bad debts
    		0 11,000 21,000 0              
      amortization of right-of-use lease assets
    		  9,000 8,000 8,000 8,000 25,000 33,000 47,000 41,000 44,000 43,000 39,000 37,000 19,000 -6,000 4,000 
      amortization of discount on short-term investments
    		-2,144,000 -2,130,000 -2,411,000 -2,628,000 -2,771,000 -2,073,000 -1,505,000 -1,577,000 -1,592,000 -1,696,000 -1,257,000 -783,000 -391,000 -184,000 -47,000 -11,000 -4,000 
      stock-based compensation
    		8,108,000 8,547,000 7,140,000 7,282,000 6,552,000 6,105,000 4,696,000 4,425,000 4,071,000 3,955,000 3,295,000 2,962,000 2,882,000 2,904,000 2,649,000 2,917,000 2,013,000 
      benefit from excess and obsolete inventory
    		66,000 1,219,000 31,000 71,000 166,000 56,000 111,000 151,000 -1,000 4,000 10,000 298,000 334,000 47,000 73,000 10,000 608,000 
      change in operating assets and liabilities:
    		                 
      accounts receivable
    		3,907,000 2,888,000 -928,000 -4,682,000 320,000 -4,172,000 -1,269,000 -5,037,000 -1,950,000 -626,000 -1,712,000 -1,935,000 -2,137,000 -1,258,000 -764,000 -504,000 -421,000 
      inventories
    		-3,955,000 -2,705,000 -1,597,000 -408,000 -2,396,000 -799,000 -1,390,000 1,352,000 -977,000 117,000 -3,241,000 203,000 -4,048,000 -3,180,000 -530,000 1,400,000 -1,507,000 
      prepaid and other assets
    		322,000 1,488,000 254,000 -2,080,000 177,000 104,000 569,000 -1,559,000 129,000 1,328,000 -460,000 -824,000 514,000 285,000 814,000 346,000 -1,905,000 
      accounts payable
    		-86,000 -3,717,000 2,226,000 116,000 41,000 -387,000 1,176,000 -158,000 84,000 161,000 1,163,000 -1,696,000 983,000 647,000 701,000 101,000 -741,000 
      accrued expenses and other liabilities
    		1,557,000 1,033,000 -6,163,000 3,484,000 3,724,000 2,398,000 -3,737,000 2,195,000 2,128,000 1,481,000 -3,490,000 2,426,000 2,370,000 1,467,000 -1,450,000 1,602,000 1,235,000 
      net cash from operating activities
    		-1,187,000 -4,376,000 -8,832,000 -4,260,000 650,000 -4,027,000 -9,309,000 -8,301,000 -7,982,000 -7,546,000 -17,764,000 -13,854,000 -15,188,000 -14,823,000 -14,985,000 -8,722,000 -13,755,000 
      capex
    		-696,000 -1,491,000 -371,000 -695,000 -939,000 -1,637,000 -1,624,000 -1,520,000 -850,000 -1,674,000 -488,000 -214,000 -667,000 -1,040,000 -173,000 -473,000 -192,000 
      free cash flows
    		-1,883,000 -5,867,000 -9,203,000 -4,955,000 -289,000 -5,664,000 -10,933,000 -9,821,000 -8,832,000 -9,220,000 -18,252,000 -14,068,000 -15,855,000 -15,863,000 -15,158,000 -9,195,000 -13,947,000 
      investing activities:
    		                 
      purchases of property and equipment
    		-581,000 -1,537,000 -575,000             -365,000 -254,000 
      maturities of short-term investments
    		60,000,000 50,000,000 60,000,000               
      purchases of short-term investments
    		-68,423,000 -33,811,000 -38,570,000 -52,833,000 -77,157,000 -159,122,000 -47,759,000 -43,843,000 -72,072,000 -48,782,000 -107,618,000 -34,233,000 -73,860,000 -29,793,000 -74,771,000   
      net cash from investing activities
    		-9,004,000 14,652,000 20,855,000 1,320,000 -9,260,000   4,566,000 17,275,000 4,395,000 -48,365,000 10,405,000 560,000 14,126,000 14,859,000 -35,346,000 -80,241,000 
      financing activities:
    		                 
      proceeds from issuance of common stock from public offering
    		   0 0   0 0 0 54,050,000       
      proceeds from issuance of common stock
    		131,000 2,068,000 696,000 2,988,000 3,835,000 3,840,000 10,153,000 3,583,000 1,994,000    145,000     
      payments for employee taxes related to stock compensation
    		-642,000 0 -1,418,000 0 -2,635,000 1,000 -2,134,000 -2,000 -1,084,000 0 -337,000 0 -281,000 0 -362,000   
      principal payments on finance lease liabilities
    		-19,000 -3,000 -13,000 -12,000 -11,000 -11,000 -27,000 -34,000 -37,000 -41,000 -41,000 -39,000 -22,000 -16,000 -44,000 -6,000 -5,000 
      payments of deferred offering costs
    		   0 -391,000   25,000 -45,000 -372,000 -230,000 -292,000     0 
      net cash from financing activities
    		-530,000 2,065,000 -735,000 2,976,000 878,000 111,473,000 7,992,000 3,562,000 -8,234,000 891,000 65,305,000 6,307,000 -455,000 578,000 -98,000 404,000 120,547,000 
      effect of foreign exchange rate on cash, cash equivalents and restricted cash
    		-2,000 14,000 6,000 -12,000 7,000 -1,000 -3,000 8,000 -5,000 1,000 2,000 14,000 -9,000 -9,000 -5,000 -3,000 -4,000 
      net increase in cash, cash equivalents and restricted cash
    		-10,723,000 12,355,000 11,294,000 24,000 -7,725,000 -8,200,000 22,954,000     2,872,000 -15,092,000 -128,000 -229,000 -43,667,000 26,547,000 
      cash, cash equivalents and restricted cash - beginning of period
    		0 0 17,456,000 1,000 0 0 10,402,000 0 0 0 12,595,000 0 0 0 25,172,000 0 0 
      cash, cash equivalents and restricted cash - end of period
    		-10,723,000 12,355,000 28,750,000 25,000 -7,725,000 -8,200,000 33,356,000 -166,000 1,055,000 -2,259,000 11,773,000 2,872,000 -15,092,000 -128,000 24,943,000 -43,667,000 26,547,000 
      supplemental disclosure of cash flow information:
    		                 
      operating cash flows from operating leases
    		560,000 689,000 694,000 521,000 505,000 580,000 548,000 550,000 559,000 561,000 546,000 669,000 495,000 524,000 499,000 337,000 334,000 
      cash paid for income taxes
    		0 67,000 3,000 -2,000 2,000   -4,000 0   0 0   1,000 5,000 
      non-cash investing and financing activities:
    		                 
      right-of-use assets obtained in exchange for lease obligations:
    		                 
      operating lease
    		   956,000 0   38,000    0 0 1,003,000 87,000 23,000  
      lease obligations recorded for right-of-use assets:
    		                 
      acquisition of property and equipment included in accounts payable and accrued expenses and accrued liabilities
    		-115,000 46,000 204,000               
      reclassification of deferred financing costs
    		   0 1,536,000   90,000 2,375,000 -1,020,000 -55,000       
      payments of debt issuance costs
    		       -11,000 -999,000   -1,000 -2,000   -8,000 -2,000 
      deferred offering and financing costs included in accounts payable and accrued liabilities
    		     167,000 225,000           
      cash paid for interest on financing leases
    		  5,000 5,000 5,000 6,000 5,000 4,000 1,000 3,000 4,000 6,000 9,000 0 3,000 1,000 1,000 
      amortization of debt issuance costs and premium
    		       0 4,000 142,000 141,000 144,000 143,000 135,000 130,000 132,000 132,000 
      loss on extinguishment of debt
    		       0 1,407,000         
      purchase of property and equipment
    		   -847,000 -1,103,000 -1,523,000 -1,967,000 -1,591,000 -653,000 -1,823,000 -747,000 -362,000 -580,000 -1,081,000 -370,000   
      maturity of short-term investments
    		   55,000,000 69,000,000 45,000,000 74,000,000 50,000,000 90,000,000 55,000,000 60,000,000 45,000,000 75,000,000 45,000,000 90,000,000   
      proceeds from term loan
    		       0 0       0 0 
      repayment of term loan
    		       0 -20,000,000         
      proceeds from issuance of common stock from at-the-market offerings
    		                 
      cash paid for interest on term loan
    		       0 224,000 1,896,000 1,344,000 1,214,000 1,121,000 979,000 925,000 945,000 946,000 
      finance lease
    		   0 0 10,000 9,000     0 23,000 96,000 192,000   
      acquisition of property and equipment included in accounts payable and accrued expenses and other current liabilities
    		   152,000 164,000 -114,000 343,000 71,000 -197,000 149,000 259,000 148,000 -87,000 41,000 197,000 -108,000 62,000 
      net cash provided (used in) by investing activities
    		      24,274,000           
      proceeds from issuance of common stock for at-the-market offerings
    		       1,000 11,937,000 19,394,000 11,102,000       
      net decrease in cash, cash equivalents and restricted cash
    		       -166,000 1,055,000 -2,259,000 -822,000       
      deferred offering costs included in accounts payable and accrued liabilities
    		       -14,000 -28,000 -279,000 466,000 -217,000      
      proceeds from exercise of stock options
    		          761,000    308,000 176,000 46,000 
      cash paid for amounts included in the measurement of lease liabilities:
    		                 
      change in fair value of warrants
    		               0 -1,503,000 
      gain on expiration of warrant
    		               0 0 
      proceeds from exercise of preferred stock warrants
    		               0  
      proceeds from exercise of stock options and issuance of common stock under the employee stock purchase plan
    		                 
      proceeds from initial public offering, net of underwriting discounts and commissions and offering costs
    		               0  
      proceeds from issuance of common stock in at-the-market offerings
    		                 
      change in notes receivables for redeemable common stock issued
    		               0  
      payment-in-kind interest income added to principal of notes receivable
    		               0 2,000 
      reclassification from warrant liability to additional paid-in capital for warrants exercised
    		               0  
      reclassification of 4,093,995 shares of redeemable common stock to 4,093,995 shares of common stock
    		               0 0 
      reclassification of redeemable common stock options to common stock options
    		               0 0 
      conversion of preferred stock to common stock upon initial public offering
    		               0  
      deferred offering costs reclassified to additional paid in capital
    		                 
      deferred offering costs included in accrued expenses
    		                 
      gain on sale of equipment
    		                 
      proceeds from sale of equipment
    		                 
      purchase of short-term investments
    		                 
      accretion to redemption value of redeemable stock and stock options
    		                 
      deferred initial public offering costs recorded to additional paid in capital
    		                 
      proceeds from maturities of short-term investments
    		                 
      change in notes receivable for redeemable common stock issued
    		                 
    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.