Symbotic Inc.(NASDAQ:SYM)

Symbotic is an American robotics warehouse automation company based in Wilmington, Massachusetts. The company builds and operates automated warehouse systems for clients in the United States and Canada, using artificial intelligence in its software.
Website: https://www.symbotic.com/
Founded: 2007
IPO Price: $10 (Jun 08, 2022)
CEO / Founder: Rick Cohen
Sector: Specialty Industrial Machinery
Industry: Industrials
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
| Unit: USD | 2026-03-28 | 2025-12-27 | 2025-09-27 | 2025-06-28 | 2025-03-29 | 2024-12-28 | 2024-09-28 | 2024-06-29 | 2024-03-30 | 2023-12-30 | 2023-09-30 | 2023-06-24 | 2023-03-25 | 2022-12-24 | 2022-09-24 | 2022-06-25 | 2021-12-31 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue: | |||||||||||||||||||
systems | 634,496,000 | 590,292,000 | 582,329,000 | 559,108,000 | 513,372,000 | 464,059,000 | 475,447,000 | 472,119,000 | 401,662,000 | 356,212,000 | 380,205,000 | 302,350,000 | 257,603,000 | 197,901,000 | 237,696,000 | 169,503,000 | |||
software maintenance and support | 12,924,000 | 10,885,000 | 9,271,000 | 8,121,000 | 6,685,000 | 5,525,000 | 5,893,000 | 3,545,000 | 2,566,000 | 2,169,000 | 2,135,000 | 1,768,000 | 1,461,000 | 1,237,000 | 933,000 | 862,000 | |||
operation services | 29,060,000 | 28,808,000 | 26,857,000 | 24,892,000 | 29,594,000 | 17,109,000 | 22,226,000 | 16,198,000 | 20,073,000 | 10,069,000 | 9,548,000 | 7,719,000 | 7,790,000 | 7,174,000 | 5,783,000 | 5,187,000 | |||
total revenue | 676,480,000 | 629,985,000 | 618,457,000 | 592,121,000 | 549,651,000 | 486,693,000 | 503,566,000 | 491,862,000 | 424,301,000 | 368,450,000 | 391,888,000 | 311,837,000 | 266,854,000 | 206,312,000 | 244,412,000 | 175,552,000 | |||
yoy | 23.07% | 29.44% | 22.82% | 20.38% | 29.54% | 32.09% | 28.50% | 57.73% | 59.00% | 78.59% | 60.34% | 77.63% | |||||||
qoq | 7.38% | 1.86% | 4.45% | 7.73% | 12.94% | -3.35% | 2.38% | 15.92% | 15.16% | -5.98% | 25.67% | 16.86% | 29.34% | -15.59% | 39.22% | ||||
cost of revenue: | |||||||||||||||||||
total cost of revenue | 526,528,000 | 496,561,000 | 491,336,000 | 484,499,000 | 441,823,000 | 406,654,000 | 439,574,000 | 424,456,000 | 380,139,000 | 298,343,000 | 333,099,000 | 258,928,000 | 224,007,000 | 171,118,000 | 207,683,000 | 144,008,000 | |||
gross profit | 149,952,000 | 133,424,000 | 127,121,000 | 107,622,000 | 107,828,000 | 80,039,000 | 63,992,000 | 67,406,000 | 44,162,000 | 70,107,000 | 58,789,000 | 52,909,000 | 42,847,000 | 35,194,000 | 36,729,000 | 31,544,000 | |||
yoy | 39.07% | 66.70% | 98.65% | 59.66% | 144.16% | 14.17% | 8.85% | 27.40% | 3.07% | 99.20% | 60.06% | 67.73% | |||||||
qoq | 12.39% | 4.96% | 18.12% | -0.19% | 34.72% | 25.08% | -5.06% | 52.63% | -37.01% | 19.25% | 11.11% | 23.48% | 21.75% | -4.18% | 16.44% | ||||
gross margin % | 22.17% | 21.18% | 20.55% | 18.18% | 19.62% | 16.45% | 12.71% | 13.70% | 10.41% | 19.03% | 15.00% | 16.97% | 16.06% | 17.06% | 15.03% | 17.97% | NaN% | NaN% | NaN% |
operating expenses: | |||||||||||||||||||
research and development expenses | 51,283,000 | 43,006,000 | 58,734,000 | 52,147,000 | 61,540,000 | 43,592,000 | 40,130,000 | 44,722,000 | 46,462,000 | 42,144,000 | 45,791,000 | 48,845,000 | 49,666,000 | 50,740,000 | 43,462,000 | 35,140,000 | |||
selling, general, and administrative expenses | 92,566,000 | 81,219,000 | 83,638,000 | 75,670,000 | 78,347,000 | 61,076,000 | 45,399,000 | 47,871,000 | 48,652,000 | 47,012,000 | 66,933,000 | 46,073,000 | 50,898,000 | 54,023,000 | 47,575,000 | 29,435,000 | |||
restructuring charges | 12,000 | 2,673,000 | 6,512,000 | 16,361,000 | |||||||||||||||
total operating expenses | 143,861,000 | 126,898,000 | 148,884,000 | 144,178,000 | 139,887,000 | 104,668,000 | 85,529,000 | 92,593,000 | 95,114,000 | 89,156,000 | 112,724,000 | 94,918,000 | 100,564,000 | 104,763,000 | 91,037,000 | 64,575,000 | |||
operating income | 6,091,000 | 6,526,000 | -21,763,000 | -36,556,000 | -32,059,000 | -24,629,000 | -21,537,000 | -25,187,000 | -50,952,000 | -19,049,000 | -53,935,000 | -42,009,000 | -57,717,000 | -69,569,000 | -54,308,000 | -33,031,000 | |||
yoy | -119.00% | -126.50% | 1.05% | 45.14% | -37.08% | 29.29% | -60.07% | -40.04% | -11.72% | -72.62% | -0.69% | 27.18% | |||||||
qoq | -6.67% | -129.99% | -40.47% | 14.03% | 30.17% | 14.36% | -14.49% | -50.57% | 167.48% | -64.68% | 28.39% | -27.22% | -17.04% | 28.10% | 64.42% | ||||
operating margin % | 0.90% | 1.04% | -3.52% | -6.17% | -5.83% | -5.06% | -4.28% | -5.12% | -12.01% | -5.17% | -13.76% | -13.47% | -21.63% | -33.72% | -22.22% | -18.82% | NaN% | NaN% | NaN% |
other income | 10,855,000 | 13,246,000 | 8,076,000 | 8,451,000 | 11,714,000 | 7,823,000 | 9,416,000 | 11,615,000 | 9,812,000 | 6,199,000 | 3,661,000 | 2,937,000 | 2,284,000 | 1,834,000 | 1,050,000 | 156,000 | |||
income before income tax and equity method investment | 16,946,000 | 19,772,000 | |||||||||||||||||
income tax benefit | -572,000 | 423,000 | -44,000 | 1,397,000 | 188,000 | 17,000 | -251,000 | ||||||||||||
loss from equity method investment | -6,945,000 | -5,799,000 | -5,885,000 | -3,776,000 | -2,490,000 | -1,564,000 | -240,000 | -537,000 | |||||||||||
net income | 9,429,000 | 13,358,000 | -19,149,000 | -31,925,000 | -21,438,000 | -18,520,000 | -16,549,000 | -14,204,000 | -40,952,000 | -12,967,000 | -45,415,000 | -39,077,000 | -55,416,000 | -67,986,000 | -53,258,000 | -32,875,000 | -1,946,094 | -2,512,146 | |
yoy | -143.98% | -172.13% | 15.71% | 124.76% | -47.65% | 42.82% | -63.56% | -63.65% | -26.10% | -80.93% | -14.73% | 18.87% | 3393.46% | 2020.02% | |||||
qoq | -29.41% | -169.76% | -40.02% | 48.92% | 15.76% | 11.91% | 16.51% | -65.32% | 215.82% | -71.45% | 16.22% | -29.48% | -18.49% | 27.65% | 62.00% | -22.53% | |||
net income margin % | 1.39% | 2.12% | -3.10% | -5.39% | -3.90% | -3.81% | -3.29% | -2.89% | -9.65% | -3.52% | -11.59% | -12.53% | -20.77% | -32.95% | -21.79% | -18.73% | NaN% | -Infinity% | -Infinity% |
net income attributable to noncontrolling interests | 7,460,000 | 10,756,000 | |||||||||||||||||
net income attributable to common stockholders | 1,969,000 | 2,602,000 | |||||||||||||||||
income per share of class a common stock: | |||||||||||||||||||
basic | 0.02 | ||||||||||||||||||
diluted | 0.01 | ||||||||||||||||||
weighted-average shares of class a common stock outstanding: | |||||||||||||||||||
basic | 125,538,207 | 115,474,119 | |||||||||||||||||
diluted | 134,364,904 | 127,870,238 | |||||||||||||||||
income tax expense | -615,000 | -150,000 | -6,000 | -95,000 | -117,000 | -59,750 | -5,000 | ||||||||||||
income per share of class a common stock: | |||||||||||||||||||
basic and diluted | 0.02 | ||||||||||||||||||
loss before income tax and equity method investment | -13,687,000 | -28,105,000 | -20,345,000 | -16,806,000 | -12,121,000 | -13,572,000 | |||||||||||||
net loss attributable to noncontrolling interests | -15,526,000 | -26,012,000 | -17,513,000 | -15,044,000 | -14,055,000 | -11,716,000 | -34,372,000 | -11,039,000 | -39,207,000 | -34,730,000 | -49,298,000 | -60,793,000 | -47,709,000 | -12,383,000 | |||||
net loss attributable to common stockholders | -3,623,000 | -5,913,000 | -3,925,000 | -3,476,000 | -2,494,000 | -2,488,000 | -6,580,000 | -1,928,000 | -6,208,000 | -4,347,000 | -6,118,000 | -7,193,000 | -5,549,000 | -1,314,000 | |||||
loss per share of class a common stock: | |||||||||||||||||||
basic and diluted | -0.04 | -0.05 | -0.04 | -0.03 | -0.02 | -0.02 | -0.07 | -0.02 | -0.08 | -0.07 | -0.1 | -0.12 | -0.1 | -0.03 | |||||
weighted-average shares of class a common stock outstanding: | |||||||||||||||||||
basic and diluted | 108,670,159 | 109,201,745 | 107,726,978 | 106,098,566 | 95,697,368 | 102,414,284 | 93,043,769 | 83,320,943 | 64,338,580 | 61,782,886 | 60,503,119 | 58,235,506 | 54,086,381 | 50,664,146 | |||||
loss before income tax | -41,140,000 | -12,850,000 | -50,274,000 | -39,072,000 | -55,433,000 | -67,735,000 | -53,258,000 | -32,875,000 | |||||||||||
net loss attributable to legacy warehouse unitholders prior to the business combination | -19,178,000 | ||||||||||||||||||
general and administrative expenses | 1,921,010 | 2,493,735 | |||||||||||||||||
general and administrative expenses - related party | 30,000 | 23,274 | |||||||||||||||||
income from operations | -1,951,010 | -2,517,009 | |||||||||||||||||
income from investments held in trust account | 4,916 | 4,863 | |||||||||||||||||
basic and diluted weighted-average shares outstanding of class a ordinary shares | 33,040,000 | ||||||||||||||||||
basic and diluted net loss per ordinary share, class a ordinary shares | -0.05 | ||||||||||||||||||
basic and diluted weighted-average shares outstanding of class b ordinary shares | 8,000,000 | ||||||||||||||||||
basic and diluted net loss per ordinary share, class b ordinary shares | -0.05 | ||||||||||||||||||
balance - december 31, 2020 | |||||||||||||||||||
sale of private placement shares to sponsor in private placement | 1,040,000 | ||||||||||||||||||
accretion of class a ordinary shares subject to redemption | |||||||||||||||||||
balance - march 31, 2021 | 1,040,000 | ||||||||||||||||||
balance - june 30, 2021 | 1,040,000 | ||||||||||||||||||
balance - september 30, 2021 | 1,040,000 | ||||||||||||||||||
basic and diluted weighted-average shares outstanding of class a ordinary shares subject to possible redemption | 25,950,685 | 32,000,000 | |||||||||||||||||
basic and diluted net income per ordinary share, class a ordinary shares subject to possible redemption | |||||||||||||||||||
basic and diluted weighted-average shares outstanding of non-redeemable ordinary shares | 8,654,356 | 9,040,000 | |||||||||||||||||
basic and diluted net loss per ordinary share, non-redeemable ordinary shares | -0.28 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-28 | 2025-12-27 | 2025-09-27 | 2025-06-28 | 2025-03-29 | 2024-12-28 | 2024-09-28 | 2024-06-29 | 2024-03-30 | 2023-12-30 | 2023-09-30 | 2023-06-24 | 2023-03-25 | 2022-12-24 | 2022-09-24 | 2022-06-25 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||
current assets: | |||||||||||||||||||||
cash and cash equivalents | 2,009,435,000 | 1,819,102,000 | 1,244,993,000 | 777,576,000 | 954,944,000 | 903,034,000 | 727,310,000 | 870,469,000 | 901,382,000 | 485,952,000 | 258,770,000 | 255,490,000 | 256,954,000 | 350,724,000 | 353,457,000 | 411,662,000 | |||||
accounts receivable | 132,623,000 | 107,631,000 | 186,705,000 | 136,237,000 | 137,562,000 | 134,391,000 | 201,548,000 | 100,499,000 | 127,677,000 | 153,058,000 | 69,206,000 | 73,696,000 | 124,525,000 | 52,327,000 | 3,412,000 | 2,549,000 | |||||
unbilled accounts receivable | 452,995,000 | 249,589,000 | 181,658,000 | 236,433,000 | 160,248,000 | 223,349,000 | 218,233,000 | 160,688,000 | 173,995,000 | 147,956,000 | 121,149,000 | 91,696,000 | 63,502,000 | 93,821,000 | 101,816,000 | ||||||
inventories | 201,243,000 | 183,680,000 | 164,390,000 | 138,901,000 | 146,281,000 | 108,691,000 | 106,136,000 | 132,111,000 | 119,772,000 | 137,666,000 | 136,121,000 | 166,877,000 | 140,441,000 | 110,914,000 | 91,900,000 | 126,985,000 | |||||
deferred expenses | 43,538,000 | 27,807,000 | 20,532,000 | 35,545,000 | 4,979,000 | 3,221,000 | 1,058,000 | 6,748,000 | 1,170,000 | 41,736,000 | 34,577,000 | 42,286,000 | 36,878,000 | 35,110,000 | 29,150,000 | 550,000 | |||||
prepaid expenses and other current assets | 82,433,000 | 70,393,000 | 92,050,000 | 101,516,000 | 93,966,000 | 85,740,000 | 101,252,000 | 100,802,000 | 109,937,000 | 104,324,000 | 85,236,000 | 36,204,000 | 38,605,000 | 32,409,000 | 25,663,000 | 49,435,000 | |||||
total current assets | 2,922,267,000 | 2,458,202,000 | 1,890,328,000 | 1,426,208,000 | 1,497,980,000 | 1,458,426,000 | 1,355,537,000 | 1,371,317,000 | 1,483,911,000 | 1,259,703,000 | 991,795,000 | 921,662,000 | 866,400,000 | 772,104,000 | 605,398,000 | 591,181,000 | 4,018,563 | 1,553,668 | 3,790,452 | 3,994,949 | 4,158,761 |
property and equipment | 146,458,000 | 115,700,000 | 117,649,000 | 73,013,000 | 123,706,000 | 105,079,000 | 97,109,000 | 81,029,000 | 75,038,000 | 34,990,000 | 34,507,000 | 40,913,000 | 35,539,000 | 30,246,000 | 24,878,000 | 20,510,000 | |||||
intangible assets | 87,209,000 | 75,376,000 | 79,149,000 | 82,921,000 | 125,793,000 | 14,949,000 | 3,664,000 | 217,000 | 335,000 | 427,000 | 540,000 | 650,000 | 800,000 | ||||||||
goodwill | 59,871,000 | 59,871,000 | 59,871,000 | 60,534,000 | 68,669,000 | ||||||||||||||||
equity method investment | 135,675,000 | 143,523,000 | 123,034,000 | 105,551,000 | 85,323,000 | 85,946,000 | 81,289,000 | ||||||||||||||
other assets | 143,975,000 | 141,386,000 | 131,166,000 | 79,184,000 | 62,714,000 | 51,222,000 | 40,953,000 | 106,096,000 | |||||||||||||
total assets | 3,495,455,000 | 2,994,058,000 | 2,401,197,000 | 1,827,411,000 | 1,964,185,000 | 1,715,622,000 | 1,578,552,000 | 1,558,442,000 | 1,588,017,000 | 1,324,304,000 | 1,050,710,000 | 969,740,000 | 909,529,000 | 808,946,000 | 631,263,000 | 612,831,000 | 324,061,596 | 321,708,203 | 323,801,300 | 324,000,881 | 324,159,830 |
liabilities and equity | |||||||||||||||||||||
current liabilities: | |||||||||||||||||||||
accounts payable | 293,675,000 | 266,102,000 | 286,669,000 | 215,624,000 | 220,027,000 | 206,324,000 | 175,188,000 | 156,286,000 | 149,829,000 | 106,088,000 | 109,918,000 | 74,377,000 | 88,139,000 | 60,885,000 | 68,448,000 | 96,995,000 | 204,192 | 194,638 | 1,768,257 | 52,604 | 59,008 |
accrued expenses and other current liabilities | 251,481,000 | 206,874,000 | 200,442,000 | 183,690,000 | 166,269,000 | 165,644,000 | 177,166,000 | 120,781,000 | 60,702,000 | 70,527,000 | 73,122,000 | ||||||||||
deferred revenue | 1,476,382,000 | 1,310,702,000 | 1,242,312,000 | 918,097,000 | 1,086,297,000 | 787,174,000 | 676,314,000 | 714,641,000 | 812,227,000 | 840,028,000 | 787,227,000 | ||||||||||
total current liabilities | 2,021,538,000 | 1,783,678,000 | 1,729,423,000 | 1,317,411,000 | 1,472,593,000 | 1,196,851,000 | 1,017,146,000 | 1,048,093,000 | 1,091,053,000 | 1,098,458,000 | 1,025,459,000 | 898,005,000 | 849,826,000 | 735,829,000 | 522,957,000 | 445,107,000 | 8,706,140 | 40,490,443 | 4,648,950 | 2,902,437 | 549,240 |
other liabilities | 62,227,000 | 61,374,000 | 63,629,000 | 61,544,000 | 61,866,000 | 48,134,000 | 42,043,000 | 49,412,000 | |||||||||||||
total liabilities | 2,467,790,000 | 2,033,847,000 | 1,917,984,000 | 1,383,999,000 | 1,542,611,000 | 1,321,697,000 | 1,188,422,000 | 1,179,147,000 | 1,174,391,000 | 1,152,429,000 | 1,053,426,000 | 948,109,000 | 888,088,000 | 758,644,000 | 562,323,000 | 539,703,000 | 19,906,140 | 15,249,443 | 15,848,950 | 14,102,437 | 11,749,240 |
commitments and contingencies | |||||||||||||||||||||
equity: | |||||||||||||||||||||
class a common stock | 14,000 | 14,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 12,000 | 12,000 | 10,000 | 8,000 | 6,000 | 6,000 | 6,000 | 6,000 | ||||||
class v-1 common stock, 1,000,000,000 shares authorized, 71,940,208 and 74,693,311 shares issued and outstanding at march 28, 2026 and september 27, 2025, respectively | 7,000 | ||||||||||||||||||||
class v-3 common stock, 450,000,000 shares authorized, 403,559,196 and 403,559,196 shares issued and outstanding at march 28, 2026 and september 27, 2025, respectively | 40,000 | ||||||||||||||||||||
additional paid-in capital | 2,018,008,000 | 1,997,587,000 | 1,564,815,000 | 1,550,610,000 | 1,539,378,000 | 1,526,573,000 | 1,523,692,000 | 1,742,697,000 | 1,738,317,000 | 1,474,681,000 | 1,254,022,000 | 1,250,355,000 | 1,246,152,000 | 1,243,217,000 | 1,237,865,000 | 1,231,992,000 | 5,541,749 | ||||
accumulated deficit | -1,329,212,000 | -1,331,181,000 | -1,340,862,000 | -1,337,239,000 | -1,331,326,000 | -1,327,401,000 | -1,323,925,000 | -1,321,431,000 | -1,318,943,000 | -1,312,363,000 | -1,310,435,000 | -1,304,227,000 | -1,299,880,000 | -1,293,762,000 | -1,286,569,000 | -1,281,020,000 | -15,845,448 | -13,542,144 | -12,048,554 | -10,102,460 | -542,769 |
accumulated other comprehensive loss | -2,713,000 | -2,693,000 | -2,695,000 | -2,678,000 | -2,698,000 | -2,696,000 | -2,594,000 | -2,632,000 | -2,373,000 | -1,770,000 | -1,687,000 | -1,834,000 | -2,086,000 | -2,314,000 | -2,294,000 | -2,139,000 | |||||
total stockholders’ equity | 686,144,000 | 663,774,000 | 210,753,000 | 418,695,000 | 417,061,000 | 160,607,000 | 2,476,000 | 2,368,000 | 5,323,000 | ||||||||||||
noncontrolling interest | 341,521,000 | 296,437,000 | 261,895,000 | 232,659,000 | 216,160,000 | 197,389,000 | 192,897,000 | -39,400,000 | -3,435,000 | 11,268,000 | -2,798,000 | 19,155,000 | 19,073,000 | 44,979,000 | 61,756,000 | 66,116,000 | |||||
total equity | 1,027,665,000 | 960,211,000 | 483,213,000 | 443,412,000 | 421,574,000 | 393,925,000 | 390,130,000 | 379,295,000 | 413,626,000 | 171,875,000 | -2,716,000 | 21,631,000 | 21,441,000 | 50,302,000 | 68,940,000 | 73,128,000 | |||||
total liabilities and equity | 3,495,455,000 | 2,994,058,000 | 2,401,197,000 | 1,827,411,000 | 1,964,185,000 | 1,715,622,000 | 1,578,552,000 | 1,558,442,000 | 1,588,017,000 | 1,324,304,000 | 1,050,710,000 | 969,740,000 | 909,529,000 | 808,946,000 | |||||||
class v-1 common stock, 1,000,000,000 shares authorized, 72,982,208 and 74,693,311 shares issued and outstanding at december 27, 2025 and september 27, 2025, respectively | 7,000 | ||||||||||||||||||||
class v-3 common stock, 450,000,000 shares authorized, 403,559,196 and 403,559,196 shares issued and outstanding at december 27, 2025 and september 27, 2025, respectively | 40,000 | ||||||||||||||||||||
class v-1 common stock, 1,000,000,000 shares authorized, 74,693,311 and 76,965,386 shares issued and outstanding at september 27, 2025 and september 28, 2024, respectively | 7,000 | ||||||||||||||||||||
class v-3 common stock, 450,000,000 shares authorized, 403,559,196 and 404,309,196 shares issued and outstanding at september 27, 2025 and september 28, 2024, respectively | 40,000 | ||||||||||||||||||||
total stockholders' equity | 221,318,000 | 205,414,000 | 196,536,000 | 197,233,000 | 82,000 | ||||||||||||||||
class v-1 common stock, 1,000,000,000 shares authorized, 76,015,171 and 76,965,386 shares issued and outstanding at june 28, 2025 and september 28, 2024, respectively | 7,000 | ||||||||||||||||||||
class v-3 common stock, 450,000,000 shares authorized, 403,559,196 and 404,309,196 shares issued and outstanding at june 28, 2025 and september 28, 2024, respectively | 40,000 | ||||||||||||||||||||
class v-1 common stock, 1,000,000,000 shares authorized, 76,223,325 and 76,965,386 shares issued and outstanding at march 29, 2025 and september 28, 2024, respectively | 7,000 | ||||||||||||||||||||
class v-3 common stock, 450,000,000 shares authorized, 404,309,196 shares issued and outstanding at march 29, 2025 and september 28, 2024 | 40,000 | ||||||||||||||||||||
accrued expenses | 203,353,000 | 114,771,000 | 99,992,000 | 47,312,000 | 51,081,000 | 4,504,915 | 3,295,396 | 2,205,570 | 2,549,703 | 473,506 | |||||||||||
class v-1 common stock, 1,000,000,000 shares authorized, 76,588,618 and 76,965,386 shares issued and outstanding at december 28, 2024 and september 28, 2024, respectively | 7,000 | ||||||||||||||||||||
class v-3 common stock, 450,000,000 shares authorized, 404,309,196 and 404,309,196 shares issued and outstanding at december 28, 2024 and september 28, 2024, respectively | 40,000 | ||||||||||||||||||||
marketable securities | 49,978,000 | 189,011,000 | 286,736,000 | 255,413,000 | 205,495,000 | 96,799,000 | |||||||||||||||
class v-1 common stock, 1,000,000,000 shares authorized, 76,965,386 and 66,931,097 shares issued and outstanding at september 28, 2024 and september 30, 2023, respectively | 7,000 | ||||||||||||||||||||
class v-3 common stock, 450,000,000 shares authorized, 404,309,196 and 407,528,941 shares issued and outstanding at september 28, 2024 and september 30, 2023, respectively | 40,000 | ||||||||||||||||||||
additional paid-in capital - warrants | 58,126,000 | 58,126,000 | 58,126,000 | 58,126,000 | 58,126,000 | 58,126,000 | |||||||||||||||
class v-1 common stock, 1,000,000,000 shares authorized, 77,490,386 and 66,931,097 shares issued and outstanding at june 29, 2024 and september 30, 2023, respectively | 8,000 | ||||||||||||||||||||
class v-3 common stock, 450,000,000 shares authorized, 404,309,196 and 407,528,941 shares issued and outstanding at june 29, 2024 and september 30, 2023, respectively | 41,000 | ||||||||||||||||||||
other long-term assets | 29,068,000 | 29,611,000 | 24,191,000 | 6,830,000 | 7,163,000 | 6,056,000 | 337,000 | 340,000 | |||||||||||||
sales tax payable | 8,216,000 | 37,571,000 | 28,322,000 | 20,685,000 | 25,720,000 | 21,365,000 | 12,953,000 | 6,625,000 | |||||||||||||
other long-term liabilities | 38,643,000 | 36,802,000 | 27,967,000 | 17,262,000 | 14,528,000 | 13,474,000 | 7,901,000 | 5,983,000 | |||||||||||||
class v-1 common stock, 1,000,000,000 shares authorized, 78,432,388 and 66,931,097 shares issued and outstanding at march 30, 2024 and september 30, 2023, respectively | 8,000 | ||||||||||||||||||||
class v-3 common stock, 450,000,000 shares authorized, 404,334,196 and 407,528,941 shares issued and outstanding at march 30, 2024 and september 30, 2023, respectively | 40,000 | ||||||||||||||||||||
class v-1 common stock, 1,000,000,000 shares authorized, 81,489,643 and 66,931,097 shares issued and outstanding at december 30, 2023 and september 30, 2023, respectively | 8,000 | ||||||||||||||||||||
class v-3 common stock, 450,000,000 shares authorized, 406,512,941 and 407,528,941shares issued and outstanding at december 30, 2023 and september 30, 2023, respectively | 41,000 | ||||||||||||||||||||
class v-1 common stock, 1,000,000,000 shares authorized, 66,931,097 and 79,237,388 shares issued and outstanding at september 30, 2023 and september 24, 2022, respectively | 7,000 | ||||||||||||||||||||
class v-3 common stock, 450,000,000 shares authorized, 407,528,941 and 416,933,025 shares issued and outstanding at september 30, 2023 and september 24, 2022, respectively | 41,000 | ||||||||||||||||||||
property and equipment, at cost | 69,496,000 | 62,439,000 | 55,662,000 | 48,722,000 | 42,858,000 | ||||||||||||||||
less: accumulated depreciation | -28,583,000 | -26,900,000 | -25,416,000 | -23,844,000 | -22,348,000 | ||||||||||||||||
deferred revenue, current | 742,241,000 | 665,440,000 | 580,457,000 | 394,244,000 | 290,406,000 | ||||||||||||||||
deferred revenue, long-term | 32,842,000 | 23,734,000 | 9,341,000 | 31,465,000 | 88,613,000 | ||||||||||||||||
class v-1 common stock, 1,000,000,000 shares authorized, 76,086,745 and 79,237,388 shares issued and outstanding at june 24, 2023 and september 24, 2022, respectively | 8,000 | ||||||||||||||||||||
class v-3 common stock, 450,000,000 shares authorized, 416,933,025 shares issued and outstanding at june 24, 2023 and september 24, 2022 | 42,000 | ||||||||||||||||||||
class v-1 common stock, 1,000,000,000 shares authorized, 77,080,090 and 79,237,388 shares issued and outstanding at march 25, 2023 and september 24, 2022, respectively | 8,000 | ||||||||||||||||||||
class v-3 common stock, 450,000,000 shares authorized, 416,933,025 shares issued and outstanding at march 25, 2023 and september 24, 2022 | 42,000 | ||||||||||||||||||||
equity | |||||||||||||||||||||
class v-1 common stock, 1,000,000,000 shares authorized, 78,389,034 and 79,237,388 shares issued and outstanding at december 24, 2022 and september 24, 2022, respectively | 8,000 | ||||||||||||||||||||
class v-3 common stock, 450,000,000 shares authorized, 416,933,025 shares issued and outstanding at december 24, 2022 and september 24, 2022 | 42,000 | ||||||||||||||||||||
liabilities, redeemable preferred and common units and equity | |||||||||||||||||||||
redeemable preferred and common units: | |||||||||||||||||||||
preferred units, class b-1, 0 units authorized, issued, and outstanding at september 24, 2022 and 2 units authorized, 1 unit issued and outstanding at september 25, 2021 | |||||||||||||||||||||
preferred units, class b, 0 units authorized, issued, and outstanding at september 24, 2022 and 1 unit authorized, issued, and outstanding at september 25, 2021 | |||||||||||||||||||||
common units, class c, 0 units authorized, issued, and outstanding at september 24, 2022 and 428,571 units authorized, issued, and outstanding at september 25, 2021 | |||||||||||||||||||||
common voting units, class a, 0 units authorized, issued, and outstanding at september 24, 2022 and 7,071,424 units authorized, 5,997,632 units issued and outstanding at september 25, 2021 | |||||||||||||||||||||
class v-1 common stock, 1,000,000,000 shares authorized, 79,237,388 shares issued and outstanding at september 24, 2022 and 0 shares authorized, issued, and outstanding at september 25, 2021 | 8,000 | ||||||||||||||||||||
class v-3 common stock, 450,000,000 shares authorized, 416,933,025 shares issued and outstanding at september 24, 2022 and 0 shares authorized, issued, and outstanding at september 25, 2021 | 42,000 | ||||||||||||||||||||
total stockholders' equity / members’ deficit | 7,184,000 | ||||||||||||||||||||
total liabilities, redeemable preferred and common units, and equity | 631,263,000 | 612,831,000 | |||||||||||||||||||
preferred units, class b-1, 0 units authorized, issued, and outstanding at june 25, 2022 and 2 units authorized, 1 unit issued and outstanding at september 25, 2021 | |||||||||||||||||||||
preferred units, class b, 0 units authorized, issued, and outstanding at june 25, 2022 and 1 unit authorized, issued, and outstanding at september 25, 2021 | |||||||||||||||||||||
common units, class c, 0 units authorized, issued, and outstanding at june 25, 2022 and 428,571 units authorized, issued, and outstanding at september 25, 2021 | |||||||||||||||||||||
common voting units, class a, 0 units authorized, issued, and outstanding at june 25, 2022 and 7,071,424 units authorized, 5,997,632 units issued and outstanding at september 25, 2021 | |||||||||||||||||||||
common shares, class a, 3,000,000,000 shares authorized, 50,664,146 shares issued and outstanding at june 25, 2022 | 5,000 | ||||||||||||||||||||
common voting shares, class v-1, 1,000,000,000 shares authorized, 60,844,573 shares issued and outstanding at june 25, 2022 | 6,000 | ||||||||||||||||||||
common voting shares, class v-3, 450,000,000 shares authorized, 416,933,025 shares issued and outstanding at june 25, 2022 | 42,000 | ||||||||||||||||||||
total stockholders' equity / members' deficit | 7,012,000 | ||||||||||||||||||||
assets: | |||||||||||||||||||||
cash | 3,281,892 | 812,884 | 2,707,252 | 2,707,252 | 1,986,135 | ||||||||||||||||
prepaid expenses, current | 736,671 | ||||||||||||||||||||
investments held in trust account | 320,043,033 | 320,016,430 | 320,010,848 | 320,005,932 | 320,001,069 | ||||||||||||||||
prepaid expenses, long term | |||||||||||||||||||||
liabilities, class a ordinary shares subject to possible redemption and shareholders’ deficit | |||||||||||||||||||||
due to related party | 997,033 | 559,409 | 675,123 | 300,130 | 16,726 | ||||||||||||||||
working capital loan – related party | 3,000,000 | ||||||||||||||||||||
deferred underwriting commissions | 11,200,000 | 11,200,000 | 11,200,000 | 11,200,000 | 11,200,000 | ||||||||||||||||
class a ordinary shares subject to possible redemption, 0.0001 par value... | 320,000,000 | 320,000,000 | 320,000,000 | ||||||||||||||||||
shareholders’ deficit | |||||||||||||||||||||
preference shares, 0.0001 par value... | |||||||||||||||||||||
class a ordinary shares, 0.0001 par value... | 104 | 104 | 104 | 320,000,000 | 307,410,580 | ||||||||||||||||
class b ordinary shares, 0.0001 par value... | 800 | 800 | 800 | 800 | 800 | ||||||||||||||||
total shareholders’ deficit | -15,844,544 | ||||||||||||||||||||
total liabilities, class a ordinary shares subject to possible redemption and shareholders’ deficit | 324,061,596 | ||||||||||||||||||||
prepaid expenses - current | 740,784 | ||||||||||||||||||||
prepaid expenses - long term | 138,105 | ||||||||||||||||||||
deferred offering costs associated with the initial public offering | |||||||||||||||||||||
liabilities, class a ordinary shares subject to possible redemption and shareholders’ equity | |||||||||||||||||||||
note payable—related party | |||||||||||||||||||||
shareholders’ equity | |||||||||||||||||||||
total shareholders’ equity | -13,541,240 | -12,047,650 | -10,101,556 | 5,000,010 | |||||||||||||||||
total liabilities, class a ordinary shares subject to possible redemption and shareholders’ equity | 321,708,203 | 323,801,300 | |||||||||||||||||||
prepaid expenses | 1,083,200 | 1,287,697 | 1,448,572 | ||||||||||||||||||
note payable - related party | |||||||||||||||||||||
liabilities and shareholders’ equity | |||||||||||||||||||||
total liabilities and shareholders’ equity | 324,000,881 | 324,159,830 | |||||||||||||||||||
due from underwriter | 640,000 | ||||||||||||||||||||
due from related party | 84,054 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-28 | 2025-12-27 | 2025-09-27 | 2025-06-28 | 2025-03-29 | 2024-12-28 | 2024-09-28 | 2024-06-29 | 2024-03-30 | 2023-12-30 | 2023-09-30 | 2023-06-24 | 2023-03-25 | 2022-12-24 | 2022-09-24 | 2022-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||
net income | 9,429,000 | 13,358,000 | -2,303,304 | |||||||||||||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||
depreciation and amortization | 11,323,000 | 8,704,000 | 5,478,000 | 14,202,000 | 12,279,000 | 7,645,000 | 6,432,000 | 10,696,000 | 3,155,000 | 3,197,000 | 4,705,000 | 2,460,000 | 2,069,000 | 2,077,000 | 1,789,000 | |
amortization of leases | 2,536,000 | 1,388,000 | ||||||||||||||
loss from equity method investment | 6,945,000 | 5,799,000 | 5,885,000 | 3,776,000 | ||||||||||||
foreign currency losses | 31,000 | 27,000 | -32,000 | 0 | 22,000 | -69,000 | 72,000 | -16,000 | 10,000 | 47,000 | ||||||
provision for excess and obsolete inventory | 4,753,000 | 4,832,000 | 2,247,000 | 3,921,000 | 292,000 | 688,000 | -775,000 | -171,000 | 34,206,000 | 70,000 | ||||||
loss on disposal of assets | 63,000 | 0 | 0 | 201,000 | ||||||||||||
stock-based compensation | 48,549,000 | 45,941,000 | 64,368,000 | 49,440,000 | 43,355,000 | 26,773,000 | 25,350,000 | 29,331,000 | 28,065,000 | 29,462,000 | 32,465,000 | 36,999,000 | 35,223,000 | 49,540,000 | ||
gain from strategic investment fair value adjustment | 0 | -1,661,000 | 0 | 0 | ||||||||||||
changes in operating assets and liabilities: | ||||||||||||||||
accounts receivable | -24,487,000 | 79,090,000 | -50,495,000 | 1,389,000 | -3,195,000 | 67,376,000 | -101,010,000 | 27,166,000 | 25,328,000 | -83,789,000 | 4,483,000 | 50,837,000 | -72,178,000 | -48,959,000 | -852,000 | |
inventories | -23,184,000 | -24,122,000 | -28,689,000 | 3,470,000 | -23,232,000 | -10,425,000 | 30,202,000 | -12,179,000 | -16,353,000 | -1,567,000 | 8,241,000 | -25,928,000 | -29,597,000 | -19,096,000 | 34,372,000 | |
prepaid expenses and other current assets | -209,544,000 | -51,726,000 | 7,685,000 | -37,107,000 | 89,491,000 | 10,317,000 | -56,839,000 | 22,318,000 | -36,369,000 | -41,160,000 | -78,485,000 | -25,793,000 | 24,123,000 | 1,249,000 | -78,074,000 | |
deferred expenses | -15,731,000 | -7,275,000 | -1,589,000 | 27,503,000 | -1,757,000 | -2,164,000 | 5,690,000 | -5,580,000 | 2,106,000 | -7,152,000 | 7,700,000 | -5,399,000 | -1,766,000 | -5,963,000 | -28,604,000 | |
other assets | 7,288,000 | 2,335,000 | 25,624,000 | -9,449,000 | -6,400,000 | -1,079,000 | -3,848,000 | |||||||||
accounts payable | 41,661,000 | -23,857,000 | 56,360,000 | -4,407,000 | 13,806,000 | 31,145,000 | 18,902,000 | 6,458,000 | 43,740,000 | -3,830,000 | 35,559,000 | -13,862,000 | 27,232,000 | -7,514,000 | -27,563,000 | 9,554 |
accrued expenses and other current liabilities | 41,334,000 | 8,718,000 | 17,969,000 | 12,532,000 | -65,685,000 | 45,540,000 | -10,126,000 | 49,006,000 | -15,100,000 | 14,687,000 | -14,539,000 | 450,000 | 34,133,000 | |||
deferred revenue | 360,362,000 | 132,244,000 | 489,118,000 | -171,331,000 | 230,283,000 | 58,336,000 | 9,259,000 | -60,635,000 | -272,000 | 69,966,000 | 12,158,000 | 85,896,000 | 99,374,000 | 164,090,000 | 46,703,000 | |
other liabilities | 76,000 | -2,255,000 | -3,024,000 | -296,000 | 2,182,000 | -10,774,000 | -10,325,000 | |||||||||
net cash from operating activities | 261,341,000 | 191,540,000 | 530,680,000 | -138,343,000 | 269,575,000 | 205,027,000 | -99,383,000 | 50,384,000 | 21,072,000 | -30,150,000 | 53,902,000 | -530,992 | ||||
capital expenditures | -43,368,000 | -2,052,000 | -36,246,000 | -14,867,000 | 0 | -21,367,000 | -17,143,000 | -2,871,000 | -2,993,000 | -7,356,000 | 0 | |||||
free cash flows | 217,973,000 | 189,488,000 | 494,434,000 | -153,210,000 | 269,575,000 | -120,750,000 | 33,241,000 | 18,201,000 | -33,143,000 | 46,546,000 | -530,992 | |||||
cash flows from investing activities: | ||||||||||||||||
purchases of property and equipment and capitalization of internal use software development costs | -43,368,000 | -2,052,000 | -36,246,000 | -14,867,000 | ||||||||||||
acquisitions of strategic investments | -31,456,000 | -38,528,000 | -87,656,000 | -24,233,000 | 0 | -17,992,000 | ||||||||||
cash paid for business acquisitions | 58,169,000 | 0 | ||||||||||||||
net cash from investing activities | -74,824,000 | -40,580,000 | -65,733,000 | -39,100,000 | -220,560,000 | -25,349,000 | -45,363,000 | -33,632,000 | 136,786,000 | 98,690,000 | -55,313,000 | |||||
cash flows from financing activities: | ||||||||||||||||
payment for taxes related to net share settlement of stock-based compensation awards | 0 | 0 | 0 | -3,012,000 | 0 | 0 | -3,125,000 | -56,000 | -14,961,000 | 0 | ||||||
net proceeds from issuance of common stock under employee stock purchase plan | 1,622,000 | 0 | 2,308,000 | 0 | 1,586,000 | 0 | ||||||||||
proceeds from issuance of class a common stock | -61,000 | 424,368,000 | 0 | 0 | ||||||||||||
distributions to or on behalf of symbotic holdings llc partners | 0 | -1,222,000 | 0 | 57,000 | -382,000 | -850,000 | ||||||||||
net cash from financing activities | 3,837,000 | 423,146,000 | 1,622,000 | 57,000 | 2,851,000 | -3,862,000 | 1,747,000 | -47,652,000 | 258,295,000 | 158,646,000 | 0 | 3,000,000 | ||||
effect of exchange rate changes on cash, cash equivalents, and restricted cash | -16,000 | 8,000 | -16,000 | 24,000 | 50,000 | -84,000 | 21,000 | -10,000 | -13,000 | -2,000 | 139,000 | -45,000 | ||||
net increase in cash, cash equivalents, and restricted cash | 190,338,000 | 574,114,000 | 466,553,000 | -177,362,000 | 51,916,000 | 175,732,000 | -142,978,000 | -30,910,000 | 416,140,000 | 227,184,000 | 3,288,000 | -1,456,000 | ||||
cash, cash equivalents, and restricted cash — beginning of period | 0 | 1,247,193,000 | 0 | 0 | 730,354,000 | 0 | 0 | 260,918,000 | 0 | |||||||
cash, cash equivalents, and restricted cash — end of period | 190,338,000 | 1,821,307,000 | -177,362,000 | 51,916,000 | 906,086,000 | -30,910,000 | 416,140,000 | 488,102,000 | -1,456,000 | |||||||
gain on investments | ||||||||||||||||
net loss | -19,149,000 | -31,925,000 | -21,438,000 | -18,520,000 | -16,549,000 | -14,204,000 | -40,952,000 | -12,967,000 | -45,415,000 | -39,077,000 | -55,416,000 | -67,986,000 | ||||
adjustments to reconcile net loss to net cash from operating activities: | ||||||||||||||||
restructuring of leases | ||||||||||||||||
foreign currency gains | 40,000 | -61,000 | ||||||||||||||
deferred taxes | ||||||||||||||||
acquisition-related consideration paid to customer | ||||||||||||||||
proceeds from sale of assets | ||||||||||||||||
proceeds from maturities of marketable securities | 0 | 50,000,000 | 140,000,000 | 150,000,000 | ||||||||||||
purchases of marketable securities | 0 | 0 | -343,000 | -48,317,000 | -107,112,000 | -97,957,000 | -106,327,000 | -96,813,000 | ||||||||
proceeds from exercise of warrants | 0 | 2,000 | 0 | 158,702,000 | 0 | |||||||||||
cash, cash equivalents, and restricted cash —beginning of period | ||||||||||||||||
cash, cash equivalents, and restricted cash —end of period | ||||||||||||||||
non-cash activities: | ||||||||||||||||
operating lease right-of-use assets obtained in exchange for operating lease liabilities | 5,125,000 | 0 | 5,818,000 | |||||||||||||
transfer of inventories to property and equipment | 0 | |||||||||||||||
transfer of equipment from property and equipment to deferred expenses | -16,603,000 | |||||||||||||||
transfer of equipment from property and equipment to other assets | ||||||||||||||||
warrant associated with supplier agreement | ||||||||||||||||
non-cash contribution to unconsolidated entity | 4,157,000 | |||||||||||||||
transfer of equipment from deferred cost to property and equipment | ||||||||||||||||
purchases of property and equipment | -7,357,000 | -20,730,000 | -16,846,000 | -2,488,000 | -2,173,000 | 4,675,000 | -7,356,000 | -6,017,000 | -6,990,000 | -7,181,000 | ||||||
capitalization of internal use software development costs | -637,000 | -297,000 | -383,000 | -820,000 | ||||||||||||
(gain) on investments | 0 | -1,339,000 | ||||||||||||||
distributions to symbotic holdings llc partners | -561,000 | |||||||||||||||
net proceeds from equity infusion from the business combination | 0 | |||||||||||||||
purchase of interest from non-controlling interest | 0 | |||||||||||||||
preferred return, class b-1 | 0 | |||||||||||||||
preferred return, class b | 0 | |||||||||||||||
purchases of strategic investments | ||||||||||||||||
foreign currency | ||||||||||||||||
other long-term assets | 440,000 | -5,906,000 | -12,691,000 | -461,000 | 624,000 | -6,107,000 | 39,000 | |||||||||
other long-term liabilities | 1,853,000 | 8,817,000 | 10,731,000 | 2,697,000 | 1,067,000 | 5,578,000 | 1,918,000 | |||||||||
accrued expenses | 25,157,000 | 1,209,519 | ||||||||||||||
net cash and cash equivalents from operating activities | 101,052,000 | |||||||||||||||
net cash and cash equivalents from investing activities | -103,803,000 | -7,181,000 | ||||||||||||||
net cash and cash equivalents from financing activities | 0 | |||||||||||||||
loss on abandonment of assets | ||||||||||||||||
loss on impairment of assets | 0 | |||||||||||||||
proceeds from maturity of marketable securities | ||||||||||||||||
proceeds from issuance of class a common units | ||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | 18,000 | 494,000 | ||||||||||||||
net increase in cash and cash equivalents | -2,733,000 | -58,205,000 | ||||||||||||||
cash and cash equivalents — beginning of period | 353,457,000 | |||||||||||||||
cash and cash equivalents — end of period | 350,724,000 | |||||||||||||||
losses on abandonment of assets | ||||||||||||||||
unit and stock-based compensation | ||||||||||||||||
net cash and cash equivalents from (used in) operating activities | ||||||||||||||||
class b-1 preferred unit member contributions | ||||||||||||||||
cash and cash equivalents—beginning of year | ||||||||||||||||
cash and cash equivalents—end of year | ||||||||||||||||
non-cash financing activities: | ||||||||||||||||
balance at september 25, 2021 | ||||||||||||||||
retroactive application of recapitalization ratio | ||||||||||||||||
adjusted balance, beginning of period | ||||||||||||||||
granted | ||||||||||||||||
forfeited | ||||||||||||||||
unit-based compensation | ||||||||||||||||
accretion of class c units to redemption value | ||||||||||||||||
preferred return | ||||||||||||||||
provision for warrants | ||||||||||||||||
exercise of warrants | ||||||||||||||||
net loss pre business combination | ||||||||||||||||
other comprehensive loss pre business combination | ||||||||||||||||
recapitalization of preferred units, class c units, class a voting units, and creation of nci | ||||||||||||||||
recapitalization of svf equity, pipe, and fpa | ||||||||||||||||
net loss post business combination | ||||||||||||||||
other comprehensive loss post business combination | ||||||||||||||||
balance at june 25, 2022 | ||||||||||||||||
balance at september 26, 2020 | ||||||||||||||||
other comprehensive loss | ||||||||||||||||
balance at june 26, 2021 | ||||||||||||||||
income from investments held in trust account | -26,603 | |||||||||||||||
general and administrative expenses paid by related party under note payable | ||||||||||||||||
prepaid expenses | 142,218 | |||||||||||||||
due from related party | ||||||||||||||||
due to related party | 437,624 | |||||||||||||||
cash deposited in trust account | ||||||||||||||||
proceeds from working capital loan – related party | 3,000,000 | |||||||||||||||
repayment of note payable to related party | ||||||||||||||||
proceeds received from initial public offering, gross | ||||||||||||||||
proceeds received from private placement | ||||||||||||||||
offering costs paid | ||||||||||||||||
net increase in cash | 2,469,008 | |||||||||||||||
cash – beginning of period | 812,884 | |||||||||||||||
cash – end of period | 3,281,892 | |||||||||||||||
supplemental disclosures of noncash investing and financing activities: | ||||||||||||||||
offering costs included in accounts payable | ||||||||||||||||
offering costs included in accrued expenses | 70,000 | |||||||||||||||
offering costs paid by related party under note payable | ||||||||||||||||
reversal of offering costs included in accrued expenses in prior year | ||||||||||||||||
prepaid expenses paid by related party through note payable | ||||||||||||||||
outstanding accounts payable balance paid by related party under note payable | ||||||||||||||||
deferred underwriting commissions | 11,200,000 | |||||||||||||||
underwriters’ reimbursements in connection with the offering in accounts receivable | ||||||||||||||||
• | ||||||||||||||||
net decrease in cash | ||||||||||||||||
cash—beginning of the period | ||||||||||||||||
cash—end of the period | ||||||||||||||||
supplemental disclosure of noncash investing and financing activities: | ||||||||||||||||
offering costs paid by related party under note payable—related party | ||||||||||||||||
prepaid expenses paid by sponsor in exchange for issuance of class b ordinary shares | ||||||||||||||||
offering costs included in due to related party |

