7Baggers
Quarterly
Annual
    Unit: USD2024-06-30 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 2019-03-31 
      
    		                      
      cash flows from operating activities
    		                      
      net income
    		-16,603,000 -14,136,000 -13,011,000 -12,788,000 -13,484,000 -16,460,000 -12,614,000 -10,319,000 -15,398,000 -16,679,000 -14,693,000 -13,885,000 -10,539,000 -10,694,000 -16,757,000 -10,314,000 -10,353,000 -9,941,000 -8,291,000 -8,007,000 -11,959,000 -24,158,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                      
      depreciation and amortization expense
    		665,000 644,000 656,000 656,000 685,000 699,000 662,000 543,000 502,000 420,000 309,000 241,000 243,000 239,000 226,000 195,000 184,000 184,000 182,000 180,000 176,000 174,000 
      stock-based compensation expense
    		11,040,000 10,359,000 9,609,000 10,247,000 10,199,000 8,838,000 7,545,000 6,339,000 6,161,000 4,978,000 3,984,000 3,686,000 3,409,000 3,533,000 2,273,000 2,006,000 1,654,000 1,293,000 954,000 924,000 837,000 262,000 
      accretion of discounts on investments
    		-1,045,000 -1,359,000  -1,918,000                   
      amortization of debt discount and debt issuance costs
    		58,000 59,000 59,000 59,000 57,000 57,000 58,000 69,000 52,000 39,000 39,000 39,000 39,000 41,000 31,000 12,000 11,000 12,000 12,000 12,000 11,000 11,000 
      amortization of right-of-use asset
    		288,000 281,000 275,000 269,000 271,000 281,000 275,000 270,000 254,000 242,000 260,000 254,000 215,000 158,000 155,000 152,000 149,000 146,000 142,000 140,000 138,000 162,000 
      non-cash interest expense
    		187,000 222,000 219,000 201,000 181,000 218,000 214,000 349,000    200,000   -8,000 82,000 84,000 83,000 77,000 40,000 84,000 471,000 
      loss on disposal of property and equipment
    		  16,000 0 0 144,000 5,000 0 55,000 120,000     1,000 0       
      benefit from doubtful accounts receivable
    		                      
      benefit from excess and obsolete inventories
    		171,000 175,000 175,000 9,000 13,000 1,000 1,000 8,000 5,000 -8,000 21,000 6,000 26,000 24,000 8,000 4,000 13,000 92,000 40,000 35,000 16,000 27,000 
      changes in assets and liabilities:
    		                      
      accounts receivable
    		951,000 -3,630,000 -1,794,000 -279,000 -1,569,000 -1,968,000 -988,000 -1,240,000 -1,906,000 -2,038,000 -863,000 771,000 -641,000 -2,036,000 334,000 -1,628,000 917,000 -60,000 1,334,000 -1,953,000 -1,732,000 110,000 
      inventories
    		633,000 -785,000 -7,985,000 -3,009,000 -1,896,000 2,109,000 999,000 -2,685,000 105,000 134,000 -1,819,000 -3,288,000 1,334,000 -1,790,000 -1,429,000 672,000 467,000 -1,871,000 -1,087,000 -347,000 -923,000 -2,339,000 
      prepaid expenses and other current assets
    		-9,561,000 2,369,000 -1,635,000 266,000 -495,000 -124,000 607,000 110,000 -2,089,000 847,000 1,242,000 1,213,000 -3,810,000 583,000 815,000 421,000 -1,969,000 983,000 625,000 -255,000 -1,857,000 16,000 
      other assets
    		-7,000 115,000 17,000 -129,000 -107,000 -17,000 25,000 -15,000 -32,000 -5,000 -10,000 -33,000 -68,000 -6,000 10,000 83,000 62,000 55,000 -212,000 8,000 1,407,000 -651,000 
      accounts payable
    		719,000 -2,937,000 586,000 -258,000 67,000 2,668,000 -698,000 589,000 1,057,000 19,000 -2,463,000 2,137,000 -1,051,000 218,000 563,000 -233,000 -1,012,000 1,274,000 -97,000 757,000 -2,332,000 2,287,000 
      accrued liabilities
    		9,524,000 -6,256,000 5,662,000 169,000 3,411,000 -6,388,000 2,612,000 1,876,000 548,000 -3,168,000 3,789,000 1,111,000 1,941,000 -2,423,000 2,200,000 3,871,000 -2,013,000 -3,912,000 2,709,000 1,878,000 325,000 52,000 
      other liabilities
    		-403,000 -443,000 -85,000 -319,000 -340,000 -471,000 -346,000 -346,000 -378,000 380,000 -1,176,000 989,000 -328,000 -5,000 -150,000 183,000 196,000 -203,000 -200,000 -197,000 697,000 -1,069,000 
      net cash from operating activities
    		-3,383,000 -15,322,000 -8,453,000 -6,798,000 -4,616,000 -12,147,000 -2,724,000 -4,726,000 -10,406,000 -14,725,000 -11,432,000 -6,495,000 -9,036,000 -11,972,000 -14,269,000 -4,423,000 -11,581,000 -11,795,000 -5,261,000 -6,346,000 -9,383,000 -8,620,000 
      capex
    		-946,000 -161,000 -457,000 -318,000 -436,000 -229,000 -1,626,000 -318,000 -1,510,000 -1,434,000 -2,912,000 -117,000 -630,000 39,000 -10,000 -90,000 -267,000 -112,000 23,000 -129,000 -15,000 -95,000 
      free cash flows
    		-4,329,000 -15,483,000 -8,910,000 -7,116,000 -5,052,000 -12,376,000 -4,350,000 -5,044,000 -11,916,000 -16,159,000 -14,344,000 -6,612,000 -9,666,000 -11,933,000 -14,279,000 -4,513,000 -11,848,000 -11,907,000 -5,238,000 -6,475,000 -9,398,000 -8,715,000 
      cash flows from investing activities
    		                      
      purchases of property and equipment
    		-954,000 -388,000 -453,000 -333,000 -434,000 -287,000 -1,567,000 -389,000 -977,000 -2,072,000 -2,752,000 -1,132,000 -807,000 -67,000  -108,000 -345,000 -134,000  -131,000   
      purchases of investments
    		-71,595,000 -43,871,000 -26,127,000 -34,711,000 -87,724,000 -26,407,000 -114,484,000 -32,506,000       -21,022,000 -35,278,000 -21,632,000 -1,974,000     
      proceeds from maturity of investments
    		62,875,000 62,000,000 25,000,000 42,500,000 69,000,000 32,800,000     17,000,000 9,100,000 15,000,000 36,300,000 34,175,000 28,000,000 7,180,000 2,000,000     
      net cash from investing activities
    		-9,674,000 17,741,000 -1,580,000 7,456,000 -19,158,000 6,106,000 -104,951,000 -32,895,000 -22,150,000 -2,072,000 14,250,000 7,968,000 14,193,000 36,233,000 12,898,000 -7,386,000 -14,797,000 -108,000 -69,619,000 -131,000 -89,000 -117,000 
      cash flows from financing activities
    		                      
      proceeds from issuance of common stock
    		  1,055,000 130,000 1,592,000 1,110,000 2,729,000 1,338,000 1,561,000 168,000 1,739,000 2,242,000 2,117,000 848,000 2,359,000 1,130,000 1,405,000 274,000 1,784,000 68,000 363,000 375,000 
      net cash from financing activities
    		  1,055,000 130,000 1,592,000 1,110,000 111,727,000 1,213,000 26,591,000 168,000 1,771,000 2,242,000 2,117,000 848,000 8,369,000 835,000 72,268,000 274,000 1,784,000 507,000 112,210,000 -744,000 
      net change in cash and cash equivalents
    		                      
      cash and cash equivalents, beginning of period
    		                      
      cash and cash equivalents, end of period
    		                      
      supplemental disclosure of cash flow information
    		                      
      cash paid for interest
    		1,479,000 1,440,000 1,457,000 1,472,000 1,474,000 1,418,000 1,460,000 1,296,000 505,000 582,000 789,000 394,000 595,000 582,000 4,581,000 1,120,000 1,108,000 1,108,000 1,127,000 1,125,000 1,112,000 870,000 
      noncash investing and financing activities:
    		                      
      accounts payable and accrued liabilities for purchases of property and equipment
    		8,000 227,000 -4,000 15,000 -2,000 58,000 -59,000 71,000 -533,000 638,000 -160,000 1,015,000 177,000 106,000 -10,000 18,000 78,000 22,000 23,000 2,000 -15,000 22,000 
      right-of-use asset obtained in exchange for lease obligation
    		  0 0   0 0   -91,000 0       0 0 0 3,982,000 
      net change in cash, cash equivalents and restricted cash
    		 2,419,000 -8,978,000 788,000 -22,182,000 -4,931,000 4,052,000 -36,408,000 -5,965,000 -16,629,000 4,589,000 3,715,000 7,274,000 25,109,000 6,998,000 -10,974,000 45,890,000 -11,629,000 -73,096,000 -5,970,000 102,738,000 -9,481,000 
      cash, cash equivalents and restricted cash, beginning of period
    		 20,210,000  0 0 55,513,000  0 0 110,463,000  0 0 69,776,000  0 0 39,491,000  0 0 25,300,000 
      cash, cash equivalents and restricted cash, end of period
    		 22,629,000  788,000 -22,182,000 50,582,000  -36,408,000 -5,965,000 93,834,000  3,715,000 7,274,000 94,885,000  -10,974,000 45,890,000 27,862,000  -5,970,000 102,738,000 15,819,000 
      amortization of premiums (accretion of discounts) on investments
    		     -1,753,000 -1,081,000 -274,000       159,000 88,000       
      loss on extinguishment of debt
    		      0 0               
      benefit from (recovery of) doubtful accounts receivable
    		                      
      changes in operating assets and liabilities:
    		                      
      proceeds from sale of property and equipment
    		                      
      proceeds from public offerings, net of underwriting discount, commissions and offering costs paid
    		              0 -295,000       
      proceeds from long-term debt
    		      -1,089,000 0               
      principal repayment of long-term debt
    		                      
      proceeds from disgorgement of short-swing profits
    		                      
      cash, cash equivalents and restricted cash, beginning of year
    		                      
      cash, cash equivalents and restricted cash, end of year
    		                      
      change in accounts receivable allowances
    		   26,000 0 19,000                 
      principal repayment of debt
    		       0               
      payments of debt issuance costs
    		       -116,000               
      payments of deferred offering costs
    		                     -1,149,000 
      unpaid debt issuance costs
    		       -116,000               
      unpaid deferred offering costs
    		                     1,204,000 
      change in benefit from doubtful accounts receivable
    		      0 0 3,000 -6,000     -6,000 -17,000 0 -9,000     
      repayment of interest paid in kind
    		                      
      payments of prepayment penalty and lender fees
    		                      
      amortization of premiums on investments
    		           64,000 201,000 186,000         
      change in fair value of redeemable convertible preferred stock warrant liability
    		                  0 0 5,318,000 15,712,000 
      proceeds from exercise of redeemable convertible preferred stock warrants
    		                  0 0   
      proceeds from exercise of common stock warrants
    		                  0 0   
      net exercise of convertible preferred stock warrants to preferred stock
    		                   0   
      conversion of convertible preferred stock to common stock upon initial public offering
    		                   0   
      offering costs in accrued liabilities
    		                      
      changes in assets and liabilities
    		                      
      purchase of property and equipment
    		                     -117,000 
      non-controlling interest
    		                      
      non-cash investing and financing activities:
    		                      
      landlord paid tenant improvements
    		                      
      net exercise of redeemable convertible preferred stock warrants to preferred stock
    		                      
      conversion of redeemable convertible preferred stock to common stock upon initial public offering
    		                      
      offering costs in accounts payable and accrued liabilities
    		               -295,000       
      amortization of premium on investments
    		                 79,000     
      payment of deferred offering costs
    		                      
      accretion of discount on investments
    		                      
      proceeds from initial public offering, net of underwriting discount, commissions and offering costs paid
    		                  0 439,000   
      benefit from sales returns and allowances
    		                      
      benefit from accounts receivable allowances
    		                    411,000 313,000 
      proceeds from exercise of preferred stock warrants
    		                     30,000 
    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.