7Baggers
Quarterly
Annual
    Unit: USD2025-12-31 2025-09-30 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 
                        
      assets
    		                    
      current assets
    		                    
      cash and cash equivalents
    		836,417,000 407,585,000 297,695,000 491,422,000 401,556,000 111,628,000 130,934,000 131,990,000 120,265,000 117,470,000 154,409,000 218,164,000 217,685,000 268,608,000 350,823,000      
      short-term investments
    		417,800,000 284,200,000 123,051,000 30,000,000 40,000,000 45,000,000       50,000,000 50,000,000       
      restricted cash
    		5,100,000 5,100,000 5,100,000 5,100,000 5,100,000 5,100,000 5,100,000 5,100,000 5,100,000 79,164,000 60,192,000 34,182,000 26,532,000 18,900,000       
      prepaid expenses
    		4,877,000 7,746,000 3,918,000 3,553,000 3,377,000 10,914,000 11,866,000 14,576,000 19,054,000 21,493,000 8,732,000 7,304,000 5,531,000 6,428,000 7,670,000 73,390 101,192 108,370 171,191 172,090 
      accounts and other receivables
    		8,378,000 15,187,000 12,796,000 13,338,000 21,104,000 7,912,000 8,375,000 5,103,000 10,127,000 20,190,000 24,920,000 20,992,000 11,199,000        
      total current assets
    		1,272,572,000 719,818,000 442,560,000 543,413,000 471,137,000 180,554,000 156,275,000 156,769,000 154,546,000 159,153,000 188,061,000 246,460,000 284,415,000 347,850,000 373,494,000 649,964 1,086,306 1,298,677 1,488,185 1,856,524 
      property, plant and equipment
    		1,924,000 2,118,000 1,846,000 2,284,000 2,421,000 2,756,000 3,150,000 3,553,000 4,116,000 4,632,000 5,237,000 4,506,000 4,770,000 4,972,000 5,325,000      
      in-process research and development
    		16,900,000 16,900,000 16,900,000 16,900,000 16,900,000 16,900,000 16,900,000 16,900,000 16,900,000 16,900,000 16,900,000 16,900,000 16,900,000 16,900,000 16,900,000      
      intangible assets
    		527,000 571,000 616,000 660,000 704,000 749,000 793,000 837,000 882,000 926,000 970,000 1,015,000 1,059,000 1,103,000 1,148,000      
      goodwill
    		8,255,000 8,255,000 8,255,000 8,255,000 8,255,000 8,255,000 8,255,000 8,255,000 8,255,000 8,255,000 8,255,000 8,255,000 8,255,000 8,255,000 8,255,000      
      long-lead material work in process
    		63,767,000 63,315,000 64,338,000 44,987,000 43,388,000 41,609,000 41,227,000 40,317,000 36,361,000 30,765,000           
      investments
    		32,954,000 61,991,000 69,168,000                  
      other assets
    		15,613,000 10,167,000 2,769,000 1,599,000 1,868,000 2,461,000 2,633,000 3,185,000 3,798,000 8,731,000 5,949,000 5,054,000 6,704,000 6,263,000 2,109,000      
      total assets
    		1,412,512,000 883,135,000 606,452,000 618,098,000 544,673,000 253,284,000 229,233,000 229,816,000 224,858,000 308,526,000 309,464,000 332,390,000 348,635,000 404,243,000 407,231,000 232,994,297 233,407,245 233,615,163 233,801,679 234,164,226 
      liabilities and equity
    		                    
      current liabilities
    		                    
      accounts payable and accrued expenses
    		286,515,000 403,415,000 64,629,000 47,609,000 47,947,000 17,897,000 19,098,000 45,851,000 44,925,000 35,880,000 28,072,000 43,738,000 27,951,000 31,910,000 24,135,000      
      accrued compensation
    		8,280,000 8,700,000 6,299,000 5,605,000 7,330,000 7,749,000 5,734,000 5,412,000 8,546,000 9,588,000 6,403,000 6,442,000 9,038,000 9,052,000 5,647,000      
      long-lead material liability
    		 32,323,000 32,323,000 32,327,000 32,327,000 33,064,000 32,445,000 32,323,000 32,323,000            
      other accrued liabilities
    		648,000 560,000 1,376,000 1,141,000 1,356,000 1,848,000 1,540,000 1,518,000 1,664,000 1,515,000 1,672,000 1,511,000 1,568,000 1,459,000 657,000      
      deferred revenue
    		613,000 630,000 299,000 574,000 762,000 78,000 78,000 206,000 898,000 33,381,000 23,779,000 1,078,000 856,000 1,131,000 794,000      
      total current liabilities
    		296,056,000 445,628,000 104,926,000 87,256,000 89,722,000 80,558,000 58,817,000 85,104,000 87,458,000 81,483,000 36,147,000 51,691,000 38,557,000 42,421,000 30,439,000 5,055,965 345,022 355,612 103,721 87,082 
      noncurrent liabilities
    		2,570,000 2,209,000 2,321,000 1,008,000 1,650,000   1,048,000 1,442,000 1,832,000 2,076,000 2,433,000 2,786,000 2,995,000 2,848,000      
      total liabilities
    		298,961,000 448,319,000 107,590,000 88,612,000 91,553,000 163,159,000 135,922,000 101,125,000 95,520,000 128,879,000 85,260,000 85,659,000 71,548,000 84,758,000 75,493,000 53,089,965 37,544,022 38,579,612 36,839,721 32,769,082 
      stockholders' equity
    		                    
      class a common stock, par value 0.0001...
    		32,000 17,000 13,000 13,000 12,000 10,000 9,000 9,000 8,000 8,000 7,000 7,000 7,000 5,000 4,000      
      class b common stock, par value 0.0001...
    		2,000 13,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 16,000 16,000 16,000 18,000 18,000      
      additional paid-in capital
    		1,901,678,000 1,510,720,000 1,101,566,000 1,095,062,000 995,745,000 462,146,000 420,948,000 382,068,000 333,888,000 327,593,000 312,618,000 302,487,000 296,748,000 272,217,000 221,379,000    13,668,974  
      accumulated deficit
    		-732,871,000 -682,042,000 -408,723,000 -391,082,000 -377,077,000 -302,102,000 -284,643,000 -257,026,000 -240,454,000 -221,699,000 -202,577,000 -193,054,000 -182,092,000 -169,478,000 -158,771,000 -52,396,243 -36,437,352 -37,265,024 -8,669,940 -4,236,755 
      total stockholders' equity excluding noncontrolling interests
    		1,168,841,000    618,695,000    93,457,000    114,679,000        
      noncontrolling interests
    		-55,290,000 -393,892,000 -194,009,000 -174,522,000 -165,575,000 -69,944,000 -43,018,000 3,625,000 35,881,000 73,730,000 114,140,000 137,275,000 162,408,000 216,723,000 269,108,000      
      total stockholders' equity
    		1,113,551,000 434,816,000 498,862,000 529,486,000 453,120,000 90,125,000 93,311,000 128,691,000 129,338,000 179,647,000 224,204,000 246,731,000 277,087,000 319,485,000 331,738,000      
      total liabilities and stockholders' equity
    		1,412,512,000 883,135,000 606,452,000 618,098,000 544,673,000 253,284,000 229,233,000 229,816,000 224,858,000 308,526,000 309,464,000 332,390,000         
      stockholders’ equity
    		                    
      total stockholders’ equity excluding noncontrolling interests
    		 828,708,000 692,871,000 704,008,000  160,069,000 136,329,000 125,066,000  105,917,000 110,064,000 109,456,000  102,762,000 62,630,000      
      warrant liabilities
    		     58,681,000 51,500,000 14,767,000 5,722,000 12,183,000 23,258,000 30,457,000 29,349,000 38,211,000 41,412,000      
      customer deposit
    		     20,000,000               
      noncurrent accounts payable and accrued expenses
    		     23,604,000 24,880,000              
      other noncurrent liabilities
    		     238,000 647,000              
      cfpp liability
    		         34,500,000           
      long-term contract work in process
    		          23,900,000 16,018,000         
      convertible note payable
    		                    
      mezzanine equity
    		                    
      convertible preferred units
    		                    
      common units
    		                    
      total liabilities, mezzanine equity and stockholders' equity
    		            348,635,000 404,243,000 407,231,000      
      accounts receivable
    		             22,814,000 15,001,000      
      convertible notes payable
    		                    
      ​
    		               2,022     
      current assets:
    		                    
      cash
    		               576,574 985,114 1,190,307 1,316,994 1,659,434 
      investments held in trust account
    		               232,344,333 232,320,939  232,313,494 232,307,702 
      liabilities, class a ordinary shares subject to possible redemption and shareholders' deficit:
    		                    
      current liabilities:
    		                    
      accounts payable
    		               109,931 305,022 345,062 21,438  
      accrued expenses
    		               4,946,034 40,000 10,550 82,283 87,082 
      derivative warrant liabilities
    		               39,984,000 29,149,000 30,174,000 28,686,000  
      deferred underwriting fee payable
    		               8,050,000 8,050,000   8,050,000 
      commitments and contingencies
    		                    
      class a ordinary shares subject to possible redemption, 0.0001 par value...
    		               232,300,000 232,300,000    
      shareholders' deficit:
    		                    
      preference shares, 0.0001 par value...
    		                    
      class a ordinary shares, 0.0001 par value...
    		                  399 355 
      class b ordinary shares, 0.0001 par value...
    		               575 575 575 575 575 
      total shareholders' deficit
    		               -52,395,668 -36,436,777 -37,264,449   
      total liabilities, class a ordinary shares subject to possible redemption and shareholders' deficit
    		               232,994,297 233,407,245    
      general and administrative expenses
    		               5,147,286     
      income from operations
    		               -5,147,286     
      other income
    		                    
      change in fair value of derivative warrant liabilities
    		               -10,835,000     
      income from investments held in trust account
    		               23,395     
      net income
    		               -15,958,891     
      weighted-average shares outstanding of class a ordinary shares
    		               23,000,000     
      basic and diluted net income per share, class a ordinary shares
    		               -0.56     
      weighted-average shares outstanding of class b ordinary shares
    		               5,750,000     
      basic and diluted net income per share, class b ordinary shares
    		               -0.56     
      preference shares, 0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
    		                    
      investments held in brokerage account
    		                 232,316,486   
      liabilities and shareholders' deficit
    		                    
      deferred underwriting fees payable
    		                 8,050,000 8,050,000  
      class a ordinary shares subject to possible redemption, 23,000,000 shares at 10.10 redemption value as of september 30, 2021 and december 31, 2020 respectively
    		                 232,300,000   
      shareholders' deficit
    		                    
      total liabilities and shareholders' deficit
    		                 233,615,163   
      liabilities and shareholders' equity
    		                    
      ordinary shares subject to possible redemption, 19,006,134 and 18,582,720 shares issued and outstanding as of june 30, 2021 and december 31, 2020 shares at redemption value as of june 30, 2021 and december 31, 2020, respectively
    		                  191,961,950  
      shareholders' equity:
    		                    
      total shareholders' equity
    		                  5,000,008 5,000,001 
      total liabilities and shareholders' equity
    		                  233,801,679 234,164,226 
      related party receivable
    		                   25,000 
      long term liabilities:
    		                    
      warrant liability
    		                   24,632,000 
      class a ordinary shares subject to redemption, 19,445,064 and 18,582,720 shares at 10.10 at march 31, 2021 and december 31, 2020, respectively
    		                   196,395,143 
      additional paid in capital
    		                   9,235,826 
    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.