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 
      
    		                
      cash flows from operating activities:
    		                
      net income
    		105,000,000 80,000,000 56,000,000 32,000,000 56,000,000 14,000,000 -83,000,000 -36,000,000 -31,000,000 -98,000,000 -81,000,000 -100,000,000 -98,000,000 -54,000,000 -23,000,000 147,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                
      depreciation and amortization
    		13,000,000 16,000,000 19,000,000 11,000,000 12,000,000 12,000,000 11,000,000 10,000,000 8,000,000 8,000,000 6,000,000 6,000,000 6,000,000 6,000,000 6,000,000 5,383,000 
      stock-based compensation expense
    		66,000,000 60,000,000 60,000,000 60,000,000 60,000,000 67,000,000 66,000,000 71,000,000 71,000,000 72,000,000 63,000,000 61,000,000 57,000,000    
      amortization of deferred contract acquisition costs
    		25,000,000 25,000,000 23,000,000 23,000,000 21,000,000 19,000,000 19,000,000          
      change in fair value of warrant liability
    		-7,000,000 8,000,000 -3,000,000 12,000,000 0 1,000,000 36,000,000 -8,000,000 -18,000,000 26,000,000 -3,000,000      
      credit loss expense
    		26,000,000 18,000,000 22,000,000 20,000,000 18,000,000 17,000,000 15,000,000 20,000,000 19,000,000 12,000,000 13,000,000 16,000,000 11,000,000 4,000,000 3,000,000  
      stock-based charitable contribution expense
    		   0    0         
      asset impairments
    		   3,000,000 1,000,000   0 0        
      gain on warrant extinguishment
    		   0             
      other non-cash items
    		   -2,000,000 -2,000,000 -1,000,000 -2,000,000     1,000,000 3,000,000    
      changes in operating assets and liabilities:
    		                
      accounts receivable
    		-4,000,000 -7,000,000 -9,000,000 -18,000,000 -9,000,000 -23,000,000 -22,000,000  18,000,000 -22,000,000 -20,000,000  -15,000,000 -13,000,000 -2,000,000  
      other current assets
    		-12,000,000 2,000,000 -12,000,000 -4,000,000 3,000,000 5,000,000 -19,000,000          
      deferred contract acquisition costs
    		-36,000,000 -40,000,000 -33,000,000 -35,000,000 -32,000,000 -33,000,000 -30,000,000          
      inventories
    		-1,000,000 8,000,000 7,000,000  4,000,000 10,000,000 -2,000,000 -20,000,000 9,000,000 5,000,000 -1,000,000 -15,000,000 -33,000,000 -18,000,000 -2,000,000 -3,664,000 
      accounts payable
    		-2,000,000 3,000,000 10,000,000 6,000,000 -3,000,000 -14,000,000 16,000,000 4,000,000 -15,000,000 6,000,000 6,000,000 1,000,000 -8,000,000 8,000,000 -12,000,000 6,793,000 
      accrued expenses and other current liabilities
    		-20,000,000 53,000,000 -56,000,000 55,000,000 -8,000,000 38,000,000 -37,000,000 64,000,000 -7,000,000 44,000,000 -20,000,000 25,000,000 15,000,000 37,000,000 39,000,000 38,694,000 
      deferred revenue
    		4,000,000 3,000,000 -1,000,000 0 -1,000,000 13,000,000 11,000,000 -11,000,000 -1,000,000 4,000,000 3,000,000 -2,000,000 -5,000,000 2,000,000 -6,000,000 -3,484,000 
      operating lease right-of-use assets and operating lease liabilities
    		-5,000,000   -3,000,000             
      other assets and liabilities
    		0 -5,000,000 -4,000,000 -1,000,000 -1,000,000 -2,000,000 1,000,000 -4,000,000 2,000,000 -2,000,000 -4,000,000 0 -6,000,000 -4,000,000 -3,000,000 -3,068,000 
      net cash from operating activities
    		165,000,000 223,000,000 79,000,000 147,000,000 109,000,000 124,000,000 -20,000,000 92,000,000 48,000,000 50,000,000 -55,000,000 -19,000,000 -69,000,000 -21,000,000 -47,000,000 -31,970,000 
      cash flows from investing activities:
    		                
      capital expenditures
    		-12,000,000 -15,000,000 -10,000,000 -13,000,000 -12,000,000 -16,000,000 -13,000,000          
      free cash flows
    		153,000,000 208,000,000 69,000,000 134,000,000 97,000,000 108,000,000 -33,000,000          
      purchases of marketable securities
    		-90,000,000 -171,000,000 -110,000,000 -120,000,000 -77,000,000 -131,000,000 -145,000,000 -144,000,000 -128,000,000 -175,000,000 -176,000,000 -247,000,000 -47,000,000 -110,000,000 -30,000,000  
      proceeds from the sale of marketable securities
    		38,000,000 57,000,000 40,000,000 46,000,000 27,000,000 35,000,000 18,000,000 12,000,000 10,000,000 6,000,000 7,000,000 5,000,000 9,000,000 14,000,000 18,000,000  
      maturities of marketable securities
    		60,000,000 91,000,000 102,000,000 72,000,000 71,000,000 108,000,000 111,000,000 142,000,000 99,000,000 168,000,000 147,000,000 179,000,000 112,000,000 66,000,000 12,000,000  
      net cash from investing activities
    		  22,000,000 -15,000,000 9,000,000 -4,000,000 -29,000,000 -1,000,000 -31,000,000 -12,000,000 -42,000,000 -73,000,000 17,000,000 -39,000,000 -3,000,000 -460,576,000 
      cash flows from financing activities:
    		                
      payments of issuance costs of the revolving credit facility
    		0                
      change in customer funds obligations
    		4,000,000 -19,000,000 64,000,000 -4,000,000 12,000,000 -21,000,000 49,000,000 0 -4,000,000 -6,000,000 37,000,000 0 -11,000,000 10,000,000 27,000,000 -2,002,000 
      proceeds from issuance of common stock
    		38,000,000 14,000,000 26,000,000 15,000,000 29,000,000 27,000,000 28,000,000 5,000,000 16,000,000        
      warrant repurchase
    		   0             
      repurchases of class a common stock
    		-23,000,000 -14,000,000 -17,000,000 0 -20,000,000 -32,000,000 -4,000,000          
      net cash from financing activities
    		19,000,000 -22,000,000 73,000,000 11,000,000 -40,000,000 -26,000,000 73,000,000 5,000,000 12,000,000 -2,000,000 48,000,000 2,000,000 -6,000,000 13,000,000 29,000,000 3,086,000 
      effect of exchange rate changes on cash and cash equivalents and restricted cash
    		0   -2,000,000 2,000,000           -817,000 
      net increase in cash, cash equivalents, cash held on behalf of customers and restricted cash
    		180,000,000 166,000,000 174,000,000 142,000,000 78,000,000 94,000,000 24,000,000 96,000,000 29,000,000   -90,000,000    -489,460,000 
      cash, cash equivalents, cash held on behalf of customers and restricted cash at beginning of period
    		0 0 1,085,000,000 0 0 0 747,000,000 0 0 0 635,000,000 0 0 0 851,000,000 324,000 
      cash, cash equivalents, cash held on behalf of customers and restricted cash at end of period
    		180,000,000 166,000,000 1,259,000,000 141,000,000 80,000,000 93,000,000 771,000,000  28,000,000 36,000,000 586,000,000  -59,000,000 -47,000,000 830,000,000  
      reconciliation of cash, cash equivalents, cash held on behalf of customers and restricted cash
    		                
      cash and cash equivalents
    		163,000,000 189,000,000 1,005,000,000 142,000,000 70,000,000 113,000,000 578,000,000  26,000,000 37,000,000 451,000,000  -53,000,000 -60,000,000 757,000,000 -492,619,000 
      cash held on behalf of customers
    		4,000,000 -19,000,000 187,000,000 -4,000,000 12,000,000 -21,000,000 136,000,000  -4,000,000 -8,000,000 99,000,000  -11,000,000 10,000,000 62,000,000 -2,640,000 
      restricted cash
    		13,000,000 -4,000,000 67,000,000  -2,000,000 1,000,000 57,000,000  6,000,000 7,000,000 36,000,000  5,000,000 3,000,000 11,000,000 5,306,000 
      total cash, cash equivalents, cash held on behalf of customers and restricted cash
    		180,000,000 166,000,000 1,259,000,000  80,000,000 93,000,000 771,000,000  28,000,000 36,000,000 586,000,000  -59,000,000 -47,000,000 830,000,000 -489,953,000 
      supplemental disclosure of cash flow information:
    		                
      stock-based compensation included in capitalized software
    		3,000,000 3,000,000 2,000,000              
      cash paid for amounts included in the measurement of lease liabilities
    		6,000,000 4,000,000 2,000,000              
      right-of-use assets obtained in exchange for new operating lease liabilities / (reduction) of lease liabilities from lease terminations and modifications
    		                
      net cash (used in) investing activities
    		                
      supplemental disclosure of non-cash investing and financing activities:
    		                
      cash paid for acquisition, net of cash acquired
    		       0 0 0 -9,000,000 0     
      other investing activities
    		       0 -2,000,000 0 -1,000,000      
      other financing activities
    		                
      change in fair value of derivative liability
    		               -281,000 
      loss on debt extinguishment
    		               217,000 
      non-cash interest on convertible notes
    		                
      account receivable
    		                
      proceeds from initial public offering
    		                
      extinguishment of convertible notes
    		               -472,000 
      cash, cash equivalents, cash held on behalf of customers and restricted cash at end period
    		                
      amortization of deferred costs
    		        16,000,000 14,000,000 14,000,000 12,000,000 12,000,000 10,000,000 10,000,000  
      other
    		        -2,000,000       695,000 
      prepaid expenses and other current assets
    		        -4,000,000 3,000,000 -6,000,000 -20,000,000 -7,000,000 2,000,000 -15,000,000 -13,133,000 
      deferred costs
    		        -27,000,000 -26,000,000 -24,000,000 -18,000,000 -18,000,000 -18,000,000 -17,000,000  
      capitalized software
    		        -10,000,000 -9,000,000 -8,000,000 -7,000,000 -5,000,000 -4,000,000 -1,000,000 -1,288,000 
      purchases of property and equipment
    		        0 -2,000,000 -2,000,000 -3,000,000 -6,000,000 -5,000,000 -2,000,000 -1,430,000 
      payment of contingent consideration
    		           0 0 0 -2,000,000  
      issuance of class b common stock upon exercise of common stock warrants
    		        0       12,703,000 
      change in deferred income taxes
    		         0 -1,000,000 0    920,000 
      proceeds from exercise of stock options and issuance of common stock upon espp purchase
    		          11,000,000      
      net decrease in cash, cash equivalents, cash held on behalf of customers and restricted cash
    		          -49,000,000   -47,000,000 -21,000,000  
      charitable contribution stock-based expense
    		                
      change in fair value of contingent consideration
    		           1,000,000 0 0 2,000,000  
      acquired loans and merchant cash advances repaid
    		                
      operating lease right-of-use assets
    		           -2,000,000 -1,000,000 5,000,000 -6,000,000  
      operating lease liabilities
    		           2,000,000 1,000,000 -3,000,000 4,000,000  
      payment of deferred offering costs
    		               -956,000 
      repayments of secured borrowings
    		                
      proceeds from issuance of long-term debt
    		                
      proceeds from exercise of stock options
    		           3,000,000 5,000,000 3,000,000 4,000,000 3,273,000 
      proceeds from issuance of restricted stock
    		                
      proceeds from issuance of series e and series f preferred
    		                
      redemption of series b preferred
    		                
      proceeds from exercise of common stock warrants
    		                
      change in fair value of warrant liabilities
    		            21,000,000 -44,000,000 -79,000,000  
      non-cash interest expense on convertible notes
    		                
      merchant cash advances and acquired loans repaid
    		            1,000,000 1,000,000 1,000,000  
      purchase of property and equipment included in accounts payable and accrued expenses
    		               852,000 
      stock-based compensation
    		              53,000,000  
      merchant cash advances made
    		                
      merchant cash advances repaid
    		               463,000 
      cash paid for acquisition, net of customer funds obligations assumed
    		                
      customer funds obligations assumed in acquisition
    		                
      purchase of marketable securities
    		                
      proceeds from issuance of class a common stock upon initial public offering, net of underwriter discounts
    		               -360,000 
      proceeds from secured borrowings
    		                
      other proceeds from financing activities
    		                
      supplemental disclosure of cash flow information
    		                
      cash paid for interest
    		               -226,000 
      common stock issued in acquisition
    		               143,000 
      contingent consideration for acquisition included in purchase price
    		                
      deferred payment included in purchase price
    		                
      conversion of convertible preferred stock into class b common stock upon initial public offering
    		               107,000 
      issuance of common stock warrants upon debt extinguishment
    		               -111,000 
      deferred offering costs included in accounts payable and accrued expenses
    		               -1,298,000 
      stock-based compensation expense included in capitalized software
    		                
      amortization of costs capitalized to obtain revenue contracts
    		                
      factor receivable
    		                
      costs capitalized to obtain revenue contracts
    		                
      proceeds from issuance of series f preferred stock
    		                
      proceeds from exercise of restricted stock
    		                
      repurchase of restricted stock
    		                
      repurchase of common stock
    		                
      supplemental disclosures of cash flow information
    		                
      non-cash items in investing and financing activities
    		                
      contingent consideration included in purchase price
    		                
      deferred payments included in purchase price
    		                
    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.