Weave Communications, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Depreciation and amortization $5.7m $9.4m $12.1m $13.0m $12.0m $11.5m $11.6m
Amortization of operating right-of-use assets $0 $0 $3.7m $3.8m $4.0m $4.0m
Amortization of intangible assets $0 $0 $866k
Amortization of deferred contract costs $4.1m $6.9m $9.4m $11.1m $12.2m $13.4m $14.8m
Operating lease liabilities ($2.5m) ($3.7m) ($4.0m) ($4.2m)
Operating lease liabilities arising from obtaining operating lease right-of-use assets $0 $309k $154k $149k $304k
Net loss ($32.1m) ($40.4m) ($51.7m) ($49.7m) ($31.0m) ($28.3m) ($28.1m)
Provision for credit losses $92k $287k $355k $729k $1.2m $1.9m $1.1m
Loss on disposal of assets $0 $0 $4k $16k $1k $8k
Stock-based compensation, net of amount capitalized $1.4m $11.6m $14.1m $18.8m $22.8m $32.2m $32.1m
Net accretion of discounts on short-term investments $0 $0 ($413k) ($2.7m) ($2.1m) ($902k)
Accounts receivable ($1.8m) ($567k) ($870k) ($966k) ($1.4m) ($2.1m) ($1.6m)
Deferred contract costs ($8.9m) ($9.7m) ($12.8m) ($12.3m) ($13.3m) ($15.3m) ($18.3m)
Prepaid expenses and other assets ($1.1m) ($727k) ($4.1m) ($93k) ($680k) $373k $1.6m
Accounts payable $1.9m $302k $583k ($330k) $1.3m $3.1m ($1.1m)
Accrued liabilities $792k $1.6m $1.8m $4.9m ($941k) $7.1m
Deferred revenue $7.9m $6.7m $6.6m $4.6m $4.8m $480k ($1.7m)
Purchases of property and equipment ($2.5m) ($2.8m) ($7.4m) ($1.9m) ($1.7m) ($2.2m) ($2.4m)
Capitalized internal-use software costs $0 ($1.1m) ($2.4m) ($1.2m) ($2.0m) ($1.6m) ($2.3m)
Principal payments on line of credit $0 $0 ($10.0m) $0 $0
Principal payments on finance leases ($6.0m) ($7.9m) ($8.7m) ($7.5m) ($7.1m) ($7.2m)
Proceeds from stock option exercises $799k $851k $4.2m $1.3m $12.9m $1.7m $754k
Payments for taxes related to net share settlement of equity awards $0 $0 ($10.4m) ($18.9m) ($2.9m)
Stock issuance costs $0 $0 ($3.4m) ($671k) $0 $0 ($26k)
Proceeds from the employee stock purchase plan $0 $0 $858k $1.3m $2.0m $2.0m
Equipment purchases financed with accounts payable $10k $130k $78k $13k $52k $28k $28k
Finance lease liabilities arising from obtaining finance lease right-of-use assets $8.7m $8.5m $6.7m $7.2m $7.4m $7.1m
Unrealized gain (loss) on short-term investments $0 $0 $12k $31k ($21k) $14k
Stock-based compensation included in capitalized software development costs $0 $0 $34k $396k
Equity issued as consideration in business combinations $0 $0 $10.0m
Consideration withheld for indemnification liabilities related to business combinations $0 $0 $1.8m
Net cash provided by operating activities ($22.1m) ($15.5m) ($20.4m) ($12.8m) $10.2m $14.1m $17.5m
Business acquisitions, net of cash acquired $0 $0 ($23.9m)
Purchases of short-term investments $0 $0 ($50.9m) ($66.2m) ($53.8m) ($36.8m)
Maturities of short-term investments $0 $0 $62.1m $66.4m $58.5m
Net cash provided by (used in) investing activities ($2.5m) ($3.9m) ($9.8m) ($54.0m) ($7.7m) $8.9m ($6.8m)
Net cash used in financing activities $65.0m ($5.2m) $110.5m ($7.2m) ($13.7m) ($22.2m) ($7.3m)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS $40.5m ($24.5m) $80.3m ($74.0m) ($11.2m) $840k $3.4m
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD $80.2m $55.7m $136.0m $62.0m $50.8m $51.6m $55.0m
Cash paid during the period for interest $811k $1.1m $1.2m $1.4m $1.9m $1.5m $1.7m
Cash paid during the period for income taxes $0 $0 $104k $260k $189k $496k