← Firy Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Net loss | ($27.8m) | ($23.6m) | ($122.5m) | ($181.4m) | ($438.9m) | ($101.4m) | ($46.8m) | ($70.4m) | — | |
| Depreciation and amortization | $404k | $711k | $1.6m | $11.1m | $17.9m | $2.0m | $1.7m | $1.4m | $1.9m | |
| Accretion of unamortized debt discount and amortization of debt issuance costs | $1.3m | $2.1m | $558k | $149k | $3.7m | $2.2m | $1.7m | $1.9m | — | |
| Stock-based compensation | $6.7m | $1.2m | $23.8m | $60.3m | $108.2m | $43.7m | $30.0m | $19.6m | $16.8m | |
| Stock-based compensation capitalized in software development costs | — | — | — | — | — | $0 | $71k | $236k | $16.8m | |
| Accounts receivable | — | $0 | $0 | $203k | $5.6m | $1.2m | $831k | ($9.5m) | ($7.9m) | |
| Accounts payable | $1.9m | ($54k) | $10.7m | $6.3m | ($17.2m) | $16k | $7.0m | $411k | $89k | |
| Purchases of property and equipment included in accounts payable | $867k | $3.2m | $3.2m | $3.2m | $1.9m | $0 | $555k | $58k | ($5.4m) | |
| Prepaid expenses and other assets | ($992k) | ($4.3m) | ($7.5m) | ($6.3m) | $11.6m | ($1.8m) | ($8.7m) | $9.2m | — | |
| Net cash used in operating activities | ($16.9m) |
($21.9m)
-29.44%
|
($56.2m)
-156.33%
|
($180.2m)
-220.38%
|
($179.6m)
+0.31%
|
($71.8m)
+60.04%
|
($7.1m)
+90.14%
|
($68.9m)
-874.37%
|
($64.7m)
+6.09%
|
|
| Purchases of property and equipment | $867k | $3.2m | $3.2m | $3.2m | $1.9m | ($13.2m) | ($668k) | ($1.4m) | ($5.4m) | |
| Purchases of marketable securities | — | $0 | $0 | ($504.0m) | ($454.1m) | $0 | ($5k) | $0 | — | |
| Proceeds from sales of marketable securities | — | $0 | $0 | $2.1m | $167.8m | $57.6m | $1.1m | $0 | — | |
| Net cash used in investing activities | ($867k) | ($3.2m) | ($3.2m) | ($643.9m) | $311.4m | $168.3m | ($1.4m) | ($6.1m) | ($5.4m) | |
| (Recoveries of) provision for bad debt | — | — | — | — | — | $276k | $221k | ($16k) | — | |
| Change in fair value of common stock warrant liabilities | — | $0 | $23.0m | ($87.9m) | ($6.0m) | ($278k) | ($11k) | $0 | — | |
| Repurchase of common stock | $0 | $0 | ($1.3m) | $0 | $0 | ($13.0m) | ($19.3m) | ($9.3m) | — | |
| Net cash used in financing activities | $33.3m |
$31.2m
-6.49%
|
$296.6m
+851.55%
|
$802.7m
+170.65%
|
($10.6m)
-101.32%
|
($150.0m)
-1313.97%
|
($21.7m)
+85.56%
|
($11.0m)
+49.32%
|
($6.5m)
+40.45%
|
|
| Cash, cash equivalents and restricted cash – beginning of year | $22.5m | $28.5m | $265.6m | $244.3m | $365.4m | $312.0m | $281.9m | $195.5m | — | |
| Net change in cash, cash equivalents and restricted cash | $15.5m | $6.0m | $237.1m | ($21.4m) | $121.2m | ($53.4m) | ($30.1m) | ($86.4m) | — | |
| Effect of exchange rates on cash and cash equivalents | — | — | — | — | — | — | $0 | ($371k) | — | |
| Additional Supplementary Disclosures | ||||||||||
| Additional Supplementary Disclosures | ||||||||||
| Non-cash lease expense | — | — | — | — | — | — | $0 | $306k | — | |
| Operating lease liabilities | — | — | $0 | $15.7m | ($1.6m) | ($2.1m) | ($298k) | ($10.4m) | — | |
| Other accruals and liabilities | $1.6m | $5.6m | $12.0m | $27.0m | ($28.0m) | ($4.3m) | $7.2m | ($11.4m) | — | |
| Capitalization of software development costs | — | — | — | — | — | $0 | ($1.8m) | ($4.7m) | — | |
| Principal payments on finance leases obligations | — | — | $0 | ($1.6m) | ($2.6m) | ($1.1m) | ($869k) | ($462k) | — | |
| Shares withheld for net settlement, net of proceeds from exercise of stock options | $0 | $0 | ($13.4m) | $0 | $0 | — | ($1.4m) | ($1.3m) | — | |
| Cash paid for interest | $196k | $269k | $815k | $180k | $30.3m | $18.3m | $13.4m | $13.3m | — | |
| Cash paid for taxes, net of refunds received | — | — | — | — | $0 | $400k | $183k | $151k | — |