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 
      
    		                       
      cash flows from operating activities:
    		                       
      net income
    		-32,795,000 -43,173,000 -59,808,000 -40,216,000 -38,136,000 -54,047,000 -54,724,000 -30,670,000 -62,024,000 4,278,000 129,136,000 -27,208,000 -39,856,000 -47,674,000 -34,451,000 -30,715,000 -35,011,000 -34,970,000 -523,000 -11,586,000 3,286,000 -4,066,000 -14,271,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                       
      (gain) loss on equity investments
    		           0 3,000           
      fair value adjustments of equity investments
    		-9,691,000 -4,579,000 13,095,000                     
      depreciation and amortization
    		1,465,000 1,531,000 1,589,000 1,764,000 1,558,000 1,401,000 1,436,000 1,354,000 1,273,000 1,165,000 1,760,000 1,142,000 1,107,000 1,126,000 969,000         
      stock-based compensation
    		10,846,000 10,627,000 11,574,000 12,479,000 12,398,000 12,808,000 12,218,000 12,534,000 12,654,000 11,773,000 10,880,000 10,205,000 9,864,000 10,427,000 9,134,000 7,456,000 7,652,000 7,016,000 4,366,000 3,003,000 3,038,000 2,729,000 1,775,000 
      noncash investment accretion
    		-671,000 -815,000 -861,000  -1,554,000 -2,023,000 -2,683,000         534,000 2,393,000 388,000 1,955,000 287,000 564,000 -288,000 83,000 
      loss on disposal of property and equipment
    		0   0 1,000   2,000    5,000    0 121,000 0 19,000     
      decrease (increase) in assets:
    		                       
      accounts receivable
    		-19,311,000 10,274,000 215,345,000 -222,411,000 -1,432,000 7,990,000 46,153,000 -46,108,000 -10,232,000 37,039,000 9,262,000 -32,370,000 -4,816,000 10,554,000 2,935,000 -20,392,000 10,007,000 -10,089,000 20,153,000 -19,133,000 1,559,000 2,423,000 2,404,000 
      unbilled and other receivables
    		-1,305,000 -738,000 -6,332,000 11,901,000 8,779,000 -14,540,000 -2,657,000 -10,871,000 2,332,000 -1,112,000 -336,000 -981,000 823,000 3,295,000 -7,390,000 -3,829,000 -433,000 2,140,000 -3,065,000 888,000 -1,546,000 -1,028,000 5,154,000 
      reduction in the carrying amount of right of use assets - operating leases
    		2,239,000 2,315,000 2,222,000 1,028,000 3,709,000 2,053,000 2,152,000 2,044,000                
      prepaid expenses and other assets
    		403,000 -3,511,000 -788,000 1,832,000 804,000 -3,559,000 -2,559,000 4,586,000 -1,640,000 -5,658,000 -5,750,000 -230,000 1,882,000 -994,000 -7,725,000 1,599,000 1,194,000 -365,000 -3,549,000 -103,000 737,000 659,000 -1,106,000 
      increase in liabilities:
    		                       
      accounts payable
    		435,000 -3,081,000 1,344,000 -677,000 3,499,000 -1,791,000 -7,150,000 6,579,000 550,000 -2,276,000 2,468,000 -1,418,000 5,535,000 -4,266,000 1,328,000 -182,000 2,260,000 -1,259,000 -1,230,000 3,628,000 -745,000 -111,000 2,110,000 
      accrued payroll, taxes, and benefits
    		2,664,000 3,828,000 -20,616,000 8,499,000 9,291,000 4,771,000 -12,214,000 6,255,000 4,180,000 8,176,000 -11,730,000 5,978,000 2,371,000 5,582,000 -7,454,000 4,395,000 3,470,000 195,000 -1,655,000 4,298,000 1,945,000 1,012,000 -2,289,000 
      deferred revenue
    		-11,865,000 -23,416,000 -10,804,000 173,785,000 -906,000 -9,634,000 -7,761,000 9,858,000 -6,879,000 -9,632,000 -11,603,000 17,632,000 -1,648,000 -10,808,000 -7,079,000 9,162,000 -2,160,000 417,000 -8,447,000 64,963,000 -3,285,000 1,405,000 -3,378,000 
      lease liabilities - operating leases
    		-2,879,000 -1,847,000 -1,669,000 -2,315,000 -3,785,000 -1,986,000 -1,967,000 -1,117,000                
      other accrued liabilities
    		-1,408,000 367,000 -228,000 2,470,000 -2,023,000 -1,006,000 -1,383,000 3,310,000 391,000 -1,286,000 3,502,000 -1,172,000 -2,986,000 2,223,000 637,000 1,879,000 -2,463,000 1,268,000 2,806,000 712,000 -588,000 -696,000 -638,000 
      net cash from operating activities
    		-61,873,000 -52,198,000 144,063,000 -31,113,000 -33,256,000 -53,723,000 -39,276,000 -37,255,000 -49,941,000 -18,443,000 -31,094,000 -24,942,000 -30,363,000 -24,656,000 -39,722,000 -19,738,000 -10,638,000 -29,372,000 -10,921,000 43,618,000 -12,032,000 -9,051,000 -5,778,000 
      capex
    		-509,000 -293,000 -558,000 -722,000 -1,940,000 -1,018,000 -3,312,000 -2,789,000 -6,923,000 234,000 -3,276,000 -1,191,000 -2,880,000 -2,211,000 -1,036,000 -311,000 -2,783,000 -2,914,000 -513,000 -886,000 -325,000 -484,000 -843,000 
      free cash flows
    		-62,382,000 -52,491,000 143,505,000 -31,835,000 -35,196,000 -54,741,000 -42,588,000 -40,044,000 -56,864,000 -18,209,000 -34,370,000 -26,133,000 -33,243,000 -26,867,000 -40,758,000 -20,049,000 -13,421,000 -32,286,000 -11,434,000 42,732,000 -12,357,000 -9,535,000 -6,621,000 
      cash flows from investing activities:
    		                       
      purchases of property and equipment
    		-491,000 -314,000 -596,000 -873,000 -1,342,000 -1,001,000 -4,095,000 -2,479,000 -4,917,000 -2,427,000 -3,580,000 -1,346,000 -2,998,000 -1,974,000 -1,696,000 -957,000 -2,783,000 -2,914,000 -513,000 -886,000 -325,000 -484,000 -843,000 
      purchases of equity investments
    		   -72,000 0   0 0 0 -4,125,000 0 0   0 -2,000,000   0 0 0 -2,869,000 
      proceeds from disposition and sale of equity investments
    		   0                    
      purchases of marketable securities
    		-77,645,000 -138,506,000 -27,556,000 -63,873,000 -33,953,000 -116,387,000 -37,126,000 -96,111,000 -98,799,000 -66,891,000 -58,823,000 -68,097,000 -92,160,000 -56,147,000 -55,068,000 -74,293,000 -117,784,000 -79,054,000 -143,671,000 -72,852,000 -269,122,000 -50,585,000 -127,109,000 
      proceeds from maturity of marketable securities
    		89,595,000 83,219,000 58,784,000 88,293,000 77,201,000 149,966,000 46,300,000 38,899,000 116,900,000 100,773,000 127,401,000 81,000,000 103,001,000 81,215,000 99,495,000  174,943,000 98,145,000 66,500,000     
      net cash from investing activities
    		11,459,000 -55,601,000 30,632,000 23,475,000 90,704,000 29,578,000 5,079,000 -59,614,000 13,203,000 67,243,000 172,202,000 11,557,000 7,840,000 34,322,000 36,304,000 -22,091,000 52,376,000 14,812,000 -61,909,000 -53,238,000 -215,983,000 -24,587,000 -87,913,000 
      cash flows from financing activities:
    		                       
      proceeds from issuances of common stock upon stock option exercises
    		321,000                       
      principal payments on finance leases
    		-14,000 -15,000 -14,000 -15,000 -14,000 -15,000 -14,000 -14,000                
      proceeds from issuance of common stock in atm offering
    		                       
      net cash from financing activities
    		307,000 2,018,000 409,000 119,000 392,000 1,607,000 8,005,000 2,327,000 1,330,000 4,524,000 867,000 482,000 324,000 396,000 908,000 1,217,000 1,442,000 1,637,000 3,656,000 1,426,000 328,125,000 -731,000 212,454,000 
      net increase in cash and cash equivalents and restricted cash
    		-50,107,000 -105,781,000 175,104,000 -7,519,000 57,840,000 -22,538,000 -26,192,000 -94,542,000 -35,408,000 53,324,000 141,975,000     -40,612,000 43,180,000 -12,923,000 -69,174,000 -8,194,000 100,110,000 -34,369,000 118,763,000 
      cash and cash equivalents and restricted cash, beginning of period
    		0 0 162,657,000  0 0 161,066,000  0 0 95,717,000  0 0 123,267,000  0 0 202,796,000  0 0 26,486,000 
      cash and cash equivalents and restricted cash, end of period
    		-50,107,000 -105,781,000 337,761,000  57,840,000 -22,538,000 134,874,000  -35,408,000 53,324,000 237,692,000  -22,199,000 10,062,000 120,757,000  43,180,000 -12,923,000 133,622,000  100,110,000 -34,369,000 145,249,000 
      supplemental disclosure of cash flow and noncash information
    		                       
      cash paid for income taxes
    		285,000 226,000 139,000 233,000 408,000 259,000 180,000 634,000 1,276,000 832,000 86,000 325,000 291,000 134,000 37,000 212,000 12,000 105,000 119,000 156,000 76,000 85,000 64,000 
      supplemental disclosure of non-cash investing and financing activities
    		                       
      purchases of property and equipment in accounts payable
    		-18,000 21,000 13,000 132,000 -405,000 -66,000 501,000 -82,000 -2,661,000 2,717,000 218,000 -29,000 118,000 -237,000 317,000 646,000        
      purchases of property and equipment in accrued liabilities
    		  25,000 19,000 -193,000 49,000 282,000 -228,000 655,000 -56,000 86,000 184,000   343,000         
      acquisition of right of use assets - operating leases, contingency resolution
    		   0 0 0 2,848,000 0                
      gain on equity investments
    		        0 0 -147,322,000     0 0   48,000 0   
      issuances of common stock upon stock option exercises
    		  423,000 134,000 406,000 558,000 392,000 2,341,000 1,534,000 4,698,000 867,000 482,000 324,000 396,000 908,000  1,442,000 1,612,000 3,656,000     
      payment of offering costs
    		       0 -199,000               
      issuance of common stock in atm offering
    		                       
      changes in fair value
    		                       
      noncash investment amortization
    		       -2,799,000   -964,000 -1,473,000 383,000 215,000 1,504,000         
      increase in assets, net of acquisition:
    		                       
      increase in liabilities, net of acquisition:
    		                       
      distribution from equity investment
    		       77,000 19,000 35,788,000 111,329,000 0 -3,000   0 0 335,000 40,000 0 0   
      acquisition, net of acquired cash
    		           0 0 0 -6,427,000         
      cash and cash equivalents and restricted cash, beginning of year
    		                       
      cash and cash equivalents and restricted cash, end of year
    		                       
      acquisition of right of use assets - operating leases
    		                       
      acquisition of lease liabilities - operating leases
    		                       
      acquisition of right of use assets in exchange for lease liabilities - finance leases
    		       0                
      fair value adjustments
    		    -25,459,000 5,833,000 -8,137,000 8,408,000 14,522,000 -40,654,000 -35,737,000 1,493,000 -5,273,000 15,700,000 6,164,000 7,920,000 627,000 4,918,000 -24,824,000 -4,750,000 -18,233,000 -8,359,000 3,079,000 
      income taxes payable
    		        -4,050,000 -21,184,000 25,963,000             
      issuance of common stock upon atm offering
    		    0 1,064,000 7,627,000                 
      acquisition of right of use assets in exchange for lease liabilities - operating leases
    		                       
      accrued offering costs
    		                      786,000 
      noncash revenue from equity investments
    		               -48,000 -48,000 -6,000 -5,000 -55,000 -173,000 -123,000 -46,000 
      noncash research and development expenses
    		               0 0 313,000 498,000 443,000 547,000 712,000 435,000 
      proceeds from sale of equity investments
    		               0 0 0 15,735,000     
      contribution by noncontrolling interest
    		               0 0       
      decrease (increase) in assets, net of acquisition:
    		                       
      acquisition of right of use assets - operating leases in exchange for lease liabilities - operating leases
    		                       
      noncash (accretion) investment amortization
    		                       
      gain on disposal of property and equipment
    		                       
      reduction in the carrying amount of right of use assets
    		           2,475,000 1,672,000 1,919,000 1,221,000 1,075,000 2,061,000 1,399,000 1,264,000 1,385,000 1,335,000 1,323,000 1,299,000 
      lease liabilities
    		         -961,000 -623,000 980,000 556,000 -125,000 489,000 756,000 -889,000 -1,464,000 -1,352,000 -1,420,000 -1,363,000 -1,368,000 -1,266,000 
      acquisition of right to use assets, contingency resolution
    		         -1,306,000 1,820,000 0 0 0 1,513,000         
      acquisition of right of use assets in exchange for lease liabilities
    		                       
      acquisition of right of use assets
    		            0 13,621,000 1,146,000         
      acquisition of lease liabilities
    		           19,663,000 0 13,621,000 1,146,000         
      issuances of common stock upon initial public offering
    		                   0 0 -786,000 212,277,000 
      issuances of common stock upon follow-on public offering
    		                   -10,000    
      acquisitions of right of use assets
    		                       
      reclassification of deferred financing costs to additional paid-in capital
    		                       
      net decrease in cash and cash equivalents and restricted cash
    		              -2,510,000         
      adjustments to reconcile net income to net cash used in
    		                       
      operating activities:
    		                       
      (gain) loss on disposal of property and equipment
    		             0 -4,000         
      gain on lease termination
    		                       
      loss on equity investments
    		                  1,781,000     
      adjustments to reconcile net income to net cash provided by
    		                       
      depreciation
    		               652,000 581,000 727,000 887,000 1,010,000 890,000 881,000 877,000 
      proceeds from sale and maturity of marketable securities
    		                   20,500,000 53,464,000 21,900,000 42,908,000 
      issuances of series e preferred stock
    		                       
      issuances of common stock upon stock option exercise
    		                   1,436,000 2,515,000 55,000 177,000 
      deferred offering costs
    		                       
      accrued deferred offering costs
    		                       
      acquisitions of right of use assets in exchange for lease obligations
    		               0    931,000 0 0 1,778,000 
      right of use assets recognized on adoption
    		                       
      reclassification of deferred financing costs to additional paid in capital
    		                       
      payment of deferred offering costs
    		                       
      reclass of deferred financing costs to additional paid in capital
    		                    0   
      noncash rent expense
    		                       
      other receivables
    		                       
      reduction in the carrying amount of right of use asset
    		                       
      issuances of common stock
    		                       
      noncash operating activities:
    		                       
      acquisition of right of use assets in exchange for lease obligations
    		                       
    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.