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 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 
      
    		                                               
      cash flows from operating activities:
    		                                               
      net income
    		-29,942,000 -35,824,000 -35,783,000 -12,994,000 -18,333,000 -23,948,000 -40,490,000 -898,000 -23,017,000 -38,697,000 -38,304,000 -10,748,000 -28,717,000 -36,290,000 -48,763,000 -24,943,000 -23,314,000 -32,948,000 -35,656,000 -19,032,000 -19,225,000 -24,323,000 -31,430,000 -14,650,000 -16,987,000 -24,488,000 -22,639,000 6,468,000 -7,317,000 -12,683,000 -15,046,000 5,534,000 -3,314,000 -5,035,000 -10,879,000 3,522,000 -4,389,000 -6,493,000 -10,350,000 2,634,000 -4,925,000 -6,322,000 -12,670,000 -331,000 -6,354,000 -4,639,000 -8,074,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                               
      depreciation and amortization
    		2,976,000 2,569,000 2,419,000 2,583,000 2,776,000 2,858,000 2,909,000 2,967,000 2,929,000 2,916,000 2,891,000 4,051,000 2,948,000 2,498,000 2,679,000 2,617,000 2,815,000                               
      stock-based compensation
    		31,550,000 33,859,000 32,255,000 32,569,000 31,931,000 30,089,000 32,093,000 31,643,000 32,980,000 39,385,000 35,811,000 34,806,000 34,300,000 37,758,000 35,998,000 38,110,000 24,422,000 25,868,000 21,379,000 19,401,000 18,678,000 17,623,000 12,883,000 11,360,000 11,022,000 14,796,000 8,961,000 10,787,000 8,399,000 8,848,000 6,927,000 5,390,000 4,782,000 5,259,000 4,404,000 3,483,000 3,458,000 3,373,000 2,624,000 2,090,000 2,057,000 1,962,000 1,685,000 1,826,000 1,214,000 978,000 646,000 
      amortization of deferred commissions
    		13,817,000 13,788,000 11,353,000 34,486,000 5,408,000 6,566,000 7,932,000 3,984,000 5,023,000 9,062,000 3,462,000 5,066,000 5,312,000 5,766,000 6,120,000 2,636,000 3,442,000 3,912,000 4,157,000 3,554,000 3,769,000 2,534,000 3,249,000 3,100,000 3,394,000 3,510,000 3,626,000 3,467,000 3,277,000 3,116,000 3,325,000                 
      non-cash operating lease costs
    		2,490,000 2,476,000 2,476,000 2,476,000 2,328,000 2,328,000 2,394,000                                         
      amortization of debt issuance costs
    		697,000 887,000 887,000 880,000 496,000 385,000 383,000  379,000 378,000 376,000                                     
      amortization of premium and accretion of discount on marketable securities
    		797,000 315,000 99,000 -1,402,000 -3,677,000 -3,868,000 -3,743,000 -3,797,000 -2,833,000 -1,431,000 -1,293,000                                     
      acquired in-process research and development
    		   0                                            
      changes in assets and liabilities:
    		                                               
      trade receivables
    		7,530,000 -26,125,000 65,129,000 -73,629,000 3,209,000 -21,971,000 68,675,000 -58,032,000 -7,416,000 -28,275,000 60,586,000 -44,294,000 -7,756,000 -20,325,000 53,575,000 -45,797,000 -11,237,000 -8,843,000 42,927,000 -34,014,000 -11,345,000 -10,501,000 36,785,000 -23,184,000 -6,303,000 -3,767,000 41,427,000 -30,285,000 -11,545,000 -8,925,000 43,128,000 -30,916,000 -3,367,000 -13,847,000 26,395,000 -23,736,000 3,368,000 -9,093,000 23,036,000 -19,250,000 763,000 -8,306,000 17,226,000 -16,723,000 -2,292,000 -4,600,000 14,014,000 
      prepaid expenses and other short-term assets
    		2,781,000 -9,650,000 11,077,000 -24,443,000                                            
      deferred commissions
    		-22,139,000 -21,989,000 -13,603,000 -35,974,000 -8,549,000 -7,938,000 -7,359,000 -3,626,000 -5,915,000 -9,390,000 -3,033,000 -4,523,000 -3,615,000 -6,953,000 -6,942,000 -7,499,000 -4,911,000 -4,868,000 -3,873,000 -5,959,000 -5,357,000 -5,579,000 -2,236,000 -5,731,000 -4,858,000 -3,673,000 -4,870,000 -5,444,000 -4,040,000 -3,390,000 -2,434,000                 
      other long-term assets
    		841,000 -1,132,000 12,000 476,000 -71,000 78,000 -136,000 386,000 -516,000 142,000 -589,000 -836,000 244,000 735,000 359,000 585,000 56,000 -137,000 900,000 1,686,000 -42,000 -126,000 -82,000                         
      trade payables
    		-2,047,000 841,000 1,961,000 2,824,000 -1,043,000 -367,000 2,227,000 -656,000 648,000 -28,000 -2,254,000 -3,027,000 1,232,000 -14,000 -553,000 1,878,000 279,000 2,530,000 -213,000 51,000 90,000 -295,000 -174,000 -2,002,000 700,000 1,675,000 -1,996,000 -525,000 1,246,000 1,416,000 -152,000 -731,000 18,000 -234,000 294,000 344,000 -1,130,000 1,372,000 -1,910,000 397,000 -369,000 462,000 -581,000 -51,000 454,000 211,000 -74,000 
      accrued expenses and other short-term liabilities
    		7,467,000 32,681,000 -16,728,000 23,199,000 -1,508,000 12,466,000 -16,840,000 12,374,000 -11,853,000 9,995,000 -15,794,000 8,010,000 -4,662,000 39,000 -12,502,000 10,907,000 659,000 -687,000 -5,029,000 17,325,000 503,000 5,152,000 -6,922,000 6,789,000                        
      deferred revenues
    		16,034,000 28,082,000 5,988,000 73,189,000 10,205,000 23,441,000 3,554,000 36,327,000 14,233,000 20,696,000 -1,374,000 15,738,000 -4,331,000 -495,000 -5,646,000 18,662,000 -348,000 -5,275,000 -7,618,000 16,774,000 1,671,000 -6,011,000 -12,603,000 18,968,000 -2,730,000 -3,635,000 -5,384,000 15,298,000 981,000 3,209,000 -5,373,000 17,495,000 2,084,000 2,509,000 -3,203,000 12,867,000 1,546,000 1,558,000 -2,702,000 10,890,000 1,261,000 1,504,000 -2,101,000 8,220,000 983,000 738,000 -1,424,000 
      other long-term liabilities
    		546,000 571,000 458,000 34,000 144,000 -45,000 173,000 -2,646,000 388,000 1,518,000 1,214,000 -2,244,000 2,722,000 790,000 96,000 479,000 368,000 1,932,000 -1,198,000 785,000 2,464,000 2,240,000 4,000                         
      net cash from operating activities
    		33,398,000 21,349,000 68,000,000 24,274,000 22,479,000 11,724,000 56,723,000 10,447,000 6,333,000 5,806,000 36,830,000 3,434,000 -1,638,000 -14,467,000 24,542,000 338,000 -4,305,000 -9,238,000 20,383,000 7,654,000 -2,692,000 -14,678,000 3,874,000 -7,000 -13,629,000 -11,102,000 14,055,000 7,280,000 -4,118,000 2,939,000 17,444,000 5,505,000 3,462,000 -913,000 8,297,000 2,811,000 2,195,000 -3,101,000 5,442,000 1,904,000 793,000 -6,671,000 1,245,000 -2,466,000 -4,064,000 -4,917,000 4,337,000 
      capex
    		-4,505,000 -4,027,000 -2,664,000 -4,352,000 -1,226,000 -819,000 -297,000 -2,154,000 -342,000 -1,493,000 -1,110,000 -3,762,000 -1,500,000 -2,639,000 -3,495,000 -6,370,000 -1,974,000 -1,030,000 -1,116,000 -3,115,000 -2,565,000 0 -2,609,000 -11,173,000 -4,341,000 -4,775,000 -5,103,000 -6,406,000 -1,105,000 -991,000 -1,081,000 -1,742,000 -1,038,000 -1,036,000 -1,498,000 -1,249,000 -1,129,000 -725,000 -722,000 -999,000 -1,767,000 -1,297,000 -473,000 -594,000 -451,000 -680,000 -608,000 
      free cash flows
    		28,893,000 17,322,000 65,336,000 19,922,000 21,253,000 10,905,000 56,426,000 8,293,000 5,991,000 4,313,000 35,720,000 -328,000 -3,138,000 -17,106,000 21,047,000 -6,032,000 -6,279,000 -10,268,000 19,267,000 4,539,000 -5,257,000 -14,678,000 1,265,000 -11,180,000 -17,970,000 -15,877,000 8,952,000 874,000 -5,223,000 1,948,000 16,363,000 3,763,000 2,424,000 -1,949,000 6,799,000 1,562,000 1,066,000 -3,826,000 4,720,000 905,000 -974,000 -7,968,000 772,000 -3,060,000 -4,515,000 -5,597,000 3,729,000 
      cash flows from investing activities:
    		                                               
      proceeds from maturities of marketable securities
    		198,080,000 70,000,000 56,000,000 151,740,000                                            
      investment in marketable securities
    		-171,792,000 0 -57,654,000 -373,088,000 -410,654,000 -34,617,000 -131,482,000 -186,297,000 -271,953,000 -143,000 -59,555,000 -219,819,000 -29,317,000 -363,000 -28,372,000                                 
      proceeds from short-term and long-term deposits
    		59,655,000 65,576,000 34,174,000 9,757,000 10,700,000 8,039,000 6,299,000 43,519,000 8,913,000 158,012,000 4,000,000 9,079,000 5,032,000 0 1,850,000 516,000 10,001,000                               
      investment in short-term and long-term deposits
    		-59,701,000 -60,099,000 -36,289,000 -15,021,000 -41,000 -7,606,000 -1,586,000 -17,218,000 -7,953,000 -8,152,000 -102,500,000 -126,581,000 -9,055,000 -5,077,000 -1,853,000 0 0                               
      acquisitions, net of cash acquired
    		                                               
      purchases of property and equipment
    		-2,971,000 -3,377,000 -2,339,000 -4,352,000 -1,226,000 -819,000 -297,000 -2,154,000 -342,000 -1,493,000 -1,110,000 -3,762,000 -1,500,000 -2,639,000 -3,495,000 -6,370,000 -1,974,000 -1,030,000 -1,116,000 -3,115,000 -2,565,000                           
      capitalized internal-use software
    		-1,534,000 -650,000 -325,000                                             
      purchase of in-process research and development
    		   0                                            
      net cash from investing activities
    		-81,693,000 69,950,000 -25,017,000 -119,412,000 -295,875,000 -5,002,000 -111,966,000 110,350,000 -263,335,000 152,424,000 -142,515,000 -332,283,000 -2,019,000 -8,079,000 -31,870,000 2,157,000 20,051,000 37,016,000 -4,845,000 -5,191,000 -10,637,000 -39,334,000 414,000 15,681,000 -5,574,000 17,263,000 5,933,000 -26,386,000 -6,248,000 -3,132,000 -4,422,000 -6,718,000 -7,986,000 1,127,000 -6,424,000 3,547,000 -19,161,000 4,258,000 -989,000 -22,998,000 -1,672,000 -1,541,000 -467,000 -35,591,000 -491,000 -141,000 3,401,000 
      cash flows from financing activities:
    		                                               
      repurchase of common stock
    		0 -38,736,000 -61,264,000     0 -35,923,000 -5,080,000 -2,519,000                                     
      repayment of convertible senior notes
    		                                               
      proceeds from employee stock plans
    		7,186,000 0 7,163,000 0 6,290,000 3,378,000 6,414,000 191,000 5,457,000 36,000 5,853,000 431,000 5,393,000 5,000 6,111,000 122,000 6,041,000 -27,000 3,942,000         -55,000 4,078,000 3,025,000 1,066,000 4,483,000 4,463,000 2,255,000 882,000 269,000 2,552,000 490,000 761,000         
      taxes paid related to net share settlement of equity awards
    		-631,000 -6,439,000 -21,360,000 -1,031,000 -656,000 -1,748,000 -34,860,000 -1,444,000 -532,000 -2,575,000 -16,864,000 -1,583,000 -663,000 -6,000 -28,825,000                                 
      proceeds from issuance of convertible senior notes, net of issuance costs
    		   -464,000                0 0                           
      purchases of capped calls
    		   0                0 0                           
      net cash from financing activities
    		6,418,000 -45,175,000 -75,461,000 -1,495,000 400,211,000 1,630,000 -28,446,000 -1,253,000 -30,998,000 -7,619,000 -13,530,000 -57,596,000 4,730,000 -1,000 -22,714,000 122,000 6,041,000 -27,000 503,976,000 171,000 4,808,000 216,458,000 4,316,000     -55,000 4,078,000 3,025,000 1,066,000 4,483,000 4,463,000 2,255,000 882,000 269,000 2,552,000 490,000 761,000 408,000 1,028,000 71,000 548,000 -587,000 -336,000 -310,000 108,125,000 
      increase in cash and cash equivalents
    		-41,877,000    126,815,000       -386,445,000 1,073,000 -22,547,000 -30,042,000 2,617,000 21,787,000 27,751,000 519,514,000 2,634,000 -8,521,000 162,446,000 8,604,000          -61,000 2,469,000 2,755,000   1,647,000 5,214,000 -20,686,000 149,000 -8,141,000 1,326,000 -38,644,000 -4,891,000 -5,368,000 115,863,000 
      acquisition, net of cash acquired
    		 0 -18,584,000                                             
      other investing activities
    		                                               
      cash and cash equivalents at beginning of period
    		 0 185,585,000 0 0 0 230,740,000 0 0 0 367,800,000 0 0 0 805,761,000 0 0 0 234,092,000 0 0 0 68,929,000          0 0 48,315,000 0 0 0 49,241,000 0 0 0 76,593,000 0 0 0 9,633,000 
      cash and cash equivalents at end of period
    		 46,124,000 153,107,000 -96,633,000 126,815,000 8,352,000 147,051,000 119,544,000 -288,000,000 150,611,000 248,585,000 -386,445,000 1,073,000 -22,547,000 775,719,000 2,617,000 21,787,000 27,751,000 753,606,000 2,634,000 -8,521,000 162,446,000 77,533,000          -61,000 2,469,000 51,070,000 6,627,000 -14,414,000 1,647,000 54,455,000 -20,686,000 149,000 -8,141,000 77,919,000 -38,644,000 -4,891,000 -5,368,000 125,496,000 
      supplemental disclosure of cash flow information:
    		                                               
      decrease in cash and cash equivalents
    		  -32,478,000    -83,689,000    -119,215,000                                     
      cash paid for income taxes
    		  894,000   5,319,000 420,000 9,858,000 3,831,000 2,049,000 351,000 5,087,000 925,000 835,000 507,000 4,861,000 300,000 524,000 2,822,000 34,000 498,000 308,000 502,000 389,000 420,000 603,000 2,543,000 149,000 75,000 384,000 102,000 191,000 138,000 120,000 20,000 113,000 37,000 30,000 66,000 138,000 53,000 130,000 33,000 201,000 57,000 18,000 28,000 
      gain from sale of property and equipment
    		           0                                    
      proceeds from sales of marketable securities
    		                                               
      proceeds from sale of property and equipment
    		           0            1,000 0   0 25,000       0            
      cash paid for interest
    		     18,000 1,584,000 1,000 1,584,000 3,000 1,608,000 1,000 1,583,000 1,000 1,582,000                                 
      lease liabilities arising from obtaining right-of-use assets
    		         162,000 997,000 11,000 195,000 1,171,000 248,000                                 
      common stock issued for debt conversion
    		                                               
      prepaid expenses and other current assets
    		     -8,350,000 4,951,000 -10,341,000 -1,053,000 -2,829,000 -7,236,000 -925,000 -1,995,000 -666,000 -2,575,000 -1,074,000 -253,000 2,494,000 -1,673,000 1,319,000 -892,000 -1,312,000 342,000 1,014,000 -335,000 -1,281,000 -623,000 -1,005,000 2,639,000 2,240,000 -5,806,000 -2,479,000 945,000 714,000 -2,497,000 -98,000 -977,000 695,000 -648,000 108,000 -572,000 196,000 1,064,000 251,000 -250,000 302,000 -284,000 
      proceeds from sales and maturities of marketable securities
    		     30,001,000 15,100,000 272,500,000 8,000,000 4,200,000 16,650,000 8,800,000    8,011,000 12,024,000                               
      supplemental disclosure of non-cash activities:
    		                                               
      noncash operating lease costs
    		       2,381,000 2,356,000 2,364,000 2,367,000 2,331,000 2,328,000 2,320,000 2,326,000 2,031,000 1,990,000 1,969,000 2,242,000                             
      amortization of debt discount and issuance costs
    		           373,000 373,000 370,000 370,000 1,746,000 1,727,000 1,708,000 1,689,000 1,669,000 1,647,000                           
      proceeds from follow-on offering
    		               0 0 0 500,034,000                             
      capital income from sale of fixed assets
    		                                               
      net lease liabilities arising from obtaining right-of-use assets
    		                14,203,000 110,000 7,785,000     1,344,000 2,684,000                       
      depreciation
    		                  2,349,000 2,584,000 3,111,000 2,110,000 2,098,000 2,001,000 1,504,000 1,479,000 1,337,000 1,676,000 854,000 829,000 797,000 1,358,000 686,000 662,000 622,000 570,000 544,000 569,000 497,000 564,000 362,000 345,000 344,000 427,000 324,000 280,000 254,000 
      increase in short-term deposits
    		                  -12,225,000                             
      decrease in marketable securities
    		                  6,036,000   7,621,000 7,794,000                         
      decrease in long-term deposits
    		                  2,460,000                             
      capital gain from sale of fixed assets
    		                       21,000                        
      decrease (increase) in short-term deposits
    		                   29,927,000 -71,000 -45,122,000 -4,805,000 26,992,000 4,320,000 20,034,000 9,120,000                     
      decrease (increase) in marketable securities
    		                   -5,000      1,997,000 1,928,000                     
      increase in long-term deposits
    		                       -5,000 -1,000 -3,000 -12,000 6,000 -1,000 -10,000 -308,000  -49,000 -20,000 -140,000             
      proceeds (withholdings) from employee stock plans
    		                   171,000 4,808,000 498,000 4,316,000 271,000 3,028,000 -1,463,000 -4,234,000                     
      amortization of operating lease right-of-use asset
    		                    2,236,000 3,030,000 1,960,000 2,014,000 4,172,000 1,438,000 1,399,000                     
      decrease (increase) in long-term deposits
    		                    -5,000 -6,000 34,000             -84,000        -9,000 2,000 9,000 37,000 
      purchase of property and equipment
    		                      -2,609,000 -11,173,000 -4,341,000 -4,775,000 -5,103,000 -6,406,000 -1,105,000 -991,000 -1,081,000 -1,742,000 -1,038,000 -1,036,000 -1,498,000 -1,249,000 -1,129,000 -725,000 -722,000 -999,000 -1,767,000 -1,297,000 -473,000 -594,000 -451,000 -680,000 -608,000 
      other long term assets
    		                       31,000 43,000 26,000 -19,000 -275,000 -11,000 -25,000 41,000                 
      other long term liabilities
    		                       262,000 -147,000 31,000 170,000 -870,000 -281,000 -111,000 237,000 -385,000 9,000 -156,000 -199,000 -53,000 288,000 297,000 -521,000 454,000 343,000 638,000 -1,327,000 367,000 430,000 -2,000 3,000 
      increase in marketable securities
    		                       -134,000                        
      increase in cash, cash equivalents and restricted cash
    		                       15,945,000 -16,175,000 4,698,000 15,754,000 -19,161,000 -6,288,000 2,832,000 14,088,000                 
      cash, cash equivalents and restricted cash at beginning of period
    		                       0 0 0 48,707,000 0 0 0 57,236,000                 
      cash, cash equivalents and restricted cash at end of period
    		                       15,945,000 -16,175,000 4,698,000 64,461,000 -19,161,000 -6,288,000 2,832,000 71,324,000                 
      net cash provided (used in) by financing activities
    		                        3,028,000 -1,463,000 -4,234,000                     
      capital gain from disposal of fixed assets
    		                         0 24,000 0 -25,000   -6,000 -12,000               
      accrued expenses and other short term liabilities
    		                         2,787,000 -7,358,000 7,988,000 1,705,000 8,417,000 -8,200,000 10,286,000 1,398,000 9,190,000 -6,421,000             
      initial recognition of operating lease right-of-use assets
    		                          53,274,000                     
      initial recognition of operating lease liabilities
    		                          58,024,000                     
      increase in short-term investments
    		                            -5,167,000 -2,133,000 -3,033,000 -4,929,000                
      supplemental disclosures of non-cash flow information
    		                                               
      deferred rent fixed asset additions
    		                                   546,000    0 0 0 1,355,000     
      severance pay
    		                                233,000 27,000 -219,000 108,000 7,000 25,000 -4,000         
      increase in restricted cash
    		                                6,000 -20,000 -29,000  -34,000          -15,000 
      proceeds on sales of property and equipment
    		                                12,000               
      supplemental disclosure of non-cash flow information:
    		                                               
      decrease (increase) in short-term investments
    		                                               
      increase in short-term deposit
    		                                  -4,757,000    -250,000         
      amortization of deferred charges related to loan
    		                                           94,000    
      decrease (increase) in restricted cash
    		                                      -17,000 -2,000 19,000 -179,000 6,000 12,000 -42,000   
      payment of deferred equity offering cost
    		                                           -756,000 -519,000 -327,000 -335,000 
      net proceeds from initial public offering
    		                                           0 0 0 108,447,000 
      conversion of preferred stock to common stock
    		                                           0 0 0 43,775,000 
      conversion of liability warrants to equity
    		                                           0 0 0 2,866,000 
      capital gain from disposal of fixed asset
    		                                        -1,000       
      accrued expenses and other liabilities
    		                                    -518,000 4,596,000 -4,580,000  1,862,000 2,833,000 -2,394,000  1,975,000 1,790,000 -1,069,000 
      decrease in short-term deposit
    		                                              3,987,000 
      revaluation of fair value of warrants to convertible preferred stock
    		                                               
      exercise of employee stock options
    		                                       408,000 1,028,000 71,000 548,000 169,000 183,000 17,000 13,000 
      exercise of warrants to purchase series d convertible preferred stock
    		                                               
      deferred charges related to warrants granted to credit facilitator
    		                                               
      increase in severance pay
    		                                        12,000   4,000 5,000 25,000 314,000 
      supplemental disclosures of non-cash flow information:
    		                                               
      deferred offering costs not yet paid
    		                                             -327,000 846,000 
      capital income from disposal of fixed asset
    		                                          -1,000     
      supplemental disclosures of cash flow information:
    		                                               
      decrease (increase) in short-term deposit
    		                                           -35,000,000 0   
      issuance of common stock
    		                                               
      capital income from disposal of fixed assets
    		                                               
      amortization of deferred charges related to long-term loan
    		                                             0 31,000 
    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.