|
FY2025
12 months to Dec 31, 2025
|
|
|---|---|
| Cash flows from operating activities: | |
| Net (loss) income | |
| Adjustments to reconcile net (loss) income to net cash used in operating activities: | |
| Depreciation | |
| Amortization of intangible assets | |
| Stock-based compensation | |
| Amortization of debt issuance costs | |
| Losses on derivatives | |
| Amortization of unrealized losses on cash flow hedge | |
| Unrealized foreign exchange losses (gains) | |
| Loss on extinguishment of debt | |
| Deferred income taxes | |
| Fair value change for preferred stocks and preferred stock bifurcated derivatives | |
| Other | |
| Changes in operating assets and liabilities: | |
| Accounts receivable | |
| Inventory | |
| Prepaid expenses and other current assets | |
| Other non-current assets | |
| Operating lease right-of-use assets | |
| Accounts payable | |
| Payments due to buyers and sellers | |
| Accrued expenses and other current liabilities | |
| Other non-current liabilities | |
| Operating lease liabilities | |
| Net cash provided by operating activities | |
| Cash flows from investing activities: | |
| Capitalized software development costs | |
| Purchases of property and equipment | |
| Purchases of intangible assets | |
| Net cash used in investing activities | |
| Cash flows from financing activities: | |
| Proceeds from issuance of common stock upon initial public offering, net of underwriting discounts and commissions | |
| Proceeds from issuance of Class A common stock upon exercise of stock options and warrants | |
| Proceeds from issuance of debt | |
| Proceeds from partial interest rate swap termination | |
| Proceeds from revolving credit facility | |
| Repayment of revolving credit facility | |
| Repurchase and retirement of Class A and Class C common stock | |
| Repayment of long-term debt obligations | |
| Payment of debt issuance costs | |
| Net cash provided by (used in) financing activities | |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | |
| Net increase in cash, cash equivalents, and restricted cash | |
| Cash, cash equivalents, and restricted cash at beginning of period | |
| Cash, cash equivalents, and restricted cash at end of period | |
| Supplemental cash flow information | |
| Cash paid for: | |
| Interest | |
| Income tax | |
| Non-cash investing and financing activities: | |
| Liability-classified awards settled with Class A common stock | |
| Deferred offering costs accrued, unpaid | |
| Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets: | |
| Cash and cash equivalents | |
| Restricted cash |
Loading...
