← Commerce.com, Inc.

Annual Trend FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Net Income — — — — ($139.9m) ($64.7m) ($27.0m) ($19.3m)
Net Income From Continuing Operations — — — — ($139.9m) ($64.7m) ($27.0m) ($19.3m)
Depreciation and amortization expense $1.8m $2.6m $3.1m $6.2m $11.4m $12.5m $13.8m $13.7m
Amortization of discount on convertible note — — — — $2.0m $2.0m $1.6m $690k
Amortization of premium on convertible note — — — — $0 $0 ($636k) ($1.6m)
Depreciation Amortization Depletion — — — — $11.4m $12.5m $13.8m $13.7m
Depreciation And Amortization — — — — $11.4m $12.5m $13.8m $13.7m
Asset Impairment Charge — — — $0 $3.8m $70k — —
Gain on convertible note extinguishment — — — — $0 $0 ($12.1m) ($3.9m)
Right-of-use asset obtained in exchange for new operating lease liability — — — — — $0 $0 $6.2m
Net loss ($38.9m) ($42.6m) ($37.6m) ($76.7m) ($139.9m) ($64.7m) ($27.0m) ($19.3m)
Stock-based compensation expense $2.1m $3.2m $11.1m $25.4m $42.3m $41.2m $35.4m $23.6m
Provision for expected credit losses $341k $988k $1.6m $3.5m $8.2m $805k $3.2m $3.9m
Real estate and internal-use software — — — — $3.8m $70k $3.5m $218k
Gain on lease modification — — — — $0 $0 ($988k) $0
Other $347k — — $0 $0 $167k ($31k) ($1.9m)
Accounts receivable ($4.6m) ($6.3m) ($9.3m) ($17.3m) ($20.3m) ($3.9m) ($14.2m) ($5.5m)
Prepaid expenses and other assets — — — — ($1.1m) $2.1m $6.5m ($4.6m)
Deferred commissions ($804k) ($903k) ($2.4m) ($3.5m) ($3.5m) ($2.1m) $955k $4.9m
Accounts payable $291k ($1.6m) $1.9m $2.1m ($1.2m) $962k ($895k) $2.2m
Accrued and other liabilities — — — $20.4m $3.7m ($25.8m) $2.8m $379k
Deferred revenue $6.9m ($1.7m) $1.8m $1.4m $5.3m $12.6m $14.3m $13.0m
Cash paid for website domain name — — — — — $0 $0 ($2.4m)
Cash paid for acquisition — — — ($81.1m) ($696k) ($7.9m) ($100k) $0
Purchase of property, equipment, leasehold improvements and capitalized internal-use software $3.3m $5.6m $2.0m $3.3m ($5.2m) ($4.2m) ($3.7m) ($8.6m)
Proceeds from marketable securities $10.4m $23.4m — $4.5m $103.5m $243.2m $189.3m $87.3m
Purchase of marketable securities ($33.6m) — — ($107.0m) ($214.2m) ($228.3m) ($80.2m) ($92.8m)
Proceeds from exercise of stock options — — — $5.9m $209k $3.8m $1.7m $3.6m
Holdback payments related to business combination — — — — $0 $0 ($1.0m) $0
Proceeds from financing obligation — — — — $0 $1.1m $0 $0
Payment of convertible note issuance costs — — — ($10.0m) $0 $0 ($3.2m) ($217k)
Repayment of convertible notes and financing obligation ($4.5m) ($2.0m) ($28.6m) $0 $0 ($394k) ($109.1m) ($54.5m)
Changes in capital additions, accrued but not paid — — — $0 $0 $168k $84k $1.5m
Fair value of shares issued as consideration for business combinations — — — $2.0m $5.4m $1.4m $248k $0
Principal amount of 2028 Convertible Notes exchanged — — $50.2m — $0 $0 $150.0m $0
Beginning Cash Position — — — — $298.7m $93.0m $72.8m $90.4m
Cash Flow From Continuing Financing Activities — — — — $209k $1.2m ($114.0m) ($53.1m)
Cash Flow From Continuing Investing Activities — — — — ($116.5m) $2.8m $105.3m ($16.6m)
Change In Account Payable — — — — ($1.2m) $962k ($895k) $2.2m
Change In Accrued Expense — — — — $3.7m ($25.8m) $2.8m $379k
Change In Other Working Capital — — — — $1.8m $10.4m $15.3m $17.9m
Change In Payable — — — — ($1.2m) $962k ($895k) $2.2m
Change In Payables And Accrued Expense — — — — $2.5m ($24.9m) $1.9m $2.6m
Change In Prepaid Assets — — — — ($1.1m) $2.1m $6.5m ($4.6m)
Change In Receivables — — — — ($20.3m) ($3.9m) ($14.2m) ($5.5m)
Change In Working Capital — — — — ($17.2m) ($16.3m) $9.5m $10.3m
Changes In Account Receivables — — — — ($20.3m) ($3.9m) ($14.2m) ($5.5m)
Changes In Cash — — — — ($205.7m) ($20.2m) $17.5m ($44.2m)
End Cash Position — — — — $93.0m $72.8m $90.4m $46.2m
Financing Cash Flow — — — — $209k $1.2m ($114.0m) ($53.1m)
Free Cash Flow — — — — ($94.6m) ($28.4m) $22.5m $14.4m
Investing Cash Flow — — — — ($116.5m) $2.8m $105.3m ($16.6m)
Issuance Of Capital Stock — — — $0 $0 — — —
Net Business Purchase And Sale — — — — ($696k) ($7.9m) ($100k) $0
Net Intangibles Purchase And Sale — — — — — $0 $0 ($2.4m)
Net PPE Purchase And Sale — — — — ($5.2m) ($4.2m) ($3.7m) ($8.6m)
Operating Gains Losses — — — — — — ($12.1m) ($3.9m)
Other Non Cash Items — — — — $5.7m $2.2m $3.5m ($2.6m)
Proceeds From Stock Option Exercised — — — — $209k $3.8m $1.7m $3.6m
Provisionand Write Offof Assets — — — — $8.2m $805k $3.2m $3.9m
Purchase Of Business — — — — ($696k) ($7.9m) ($100k) $0
Purchase Of Intangibles — — — — — $0 $0 ($2.4m)
Purchase Of PPE — — — — ($5.2m) ($4.2m) ($3.7m) ($8.6m)
Stock Based Compensation — — — — $42.3m $41.2m $35.4m $23.6m
Unrealized Gain Loss On Investment Securities — — — $0 $0 — — —
Net cash provided by (used in) operating activities ($30.6m) ($40.0m) ($26.5m) ($40.3m) ($89.4m) ($24.2m) $26.3m $25.5m
Net Investment Purchase And Sale — — — — ($110.6m) $14.9m $109.1m ($5.6m)
Purchase Of Investment — — — — ($214.2m) ($228.3m) ($80.2m) ($92.8m)
Sale Of Investment — — — — $103.5m $243.2m $189.3m $87.3m
Net cash provided by (used in) investing activities ($26.5m) $17.9m ($2.0m) ($186.9m) ($116.5m) $2.8m $105.3m ($16.6m)
Issuance Of Debt — — — $345.0m $0 $1.1m — —
Long Term Debt Issuance — — — $345.0m $0 $1.1m — —
Net Issuance Payments Of Debt — — — — $0 ($394k) ($109.1m) ($54.5m)
Net Long Term Debt Issuance — — — — $0 ($394k) ($109.1m) ($54.5m)
Long Term Debt Payments — — — — $0 ($394k) ($109.1m) ($54.5m)
Repayment Of Debt — — — — $0 ($394k) ($109.1m) ($54.5m)
Common Stock Issuance — — — $0 $0 — — —
Net Common Stock Issuance — — — $0 $0 — — —
Cash Dividends Paid — — — $0 $0 — — —
Preferred Stock Dividend Paid — — — $0 $0 — — —
Net Other Financing Charges — — — ($45.6m) — ($2.2m) ($6.6m) ($2.2m)
Net cash provided by (used in) financing activities $64.2m $17.4m $239.9m $305.3m $209k $1.2m ($114.0m) ($53.1m)
Net change in cash and cash equivalents and restricted cash $7.1m ($4.7m) $211.5m $78.1m ($205.7m) ($20.2m) $17.5m ($44.2m)
Cash and cash equivalents and restricted cash, beginning of period $6.8m $13.9m $9.2m $220.6m $298.7m $93.0m $90.4m $46.2m
Change In Cash Supplemental As Reported — — — — ($205.7m) ($20.2m) $17.5m ($44.2m)
Cash paid for interest $1.2m $1.6m $2.3m $0 $903k $894k $2.5m $11.2m
Taxes paid related to net share settlement of stock options — — — $0 $0 ($3.3m) ($2.4m) ($2.0m)
Cash paid for taxes — — — $0 $32k $583k $381k ($2.0m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.