← Weave Communications, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net loss | ($32.1m) | ($40.4m) | ($51.7m) | ($49.7m) | ($31.0m) | ($28.3m) | ($28.1m) | — | |
| Depreciation and amortization | $5.7m | $9.4m | $12.1m | $13.0m | $12.0m | $11.5m | $11.6m | $17.8m | |
| 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 | — | |
| Stock-based compensation, net of amount capitalized | $1.4m | $11.6m | $14.1m | $18.8m | $22.8m | $32.2m | $32.1m | $28.1m | |
| Stock-based compensation included in capitalized software development costs | — | — | — | $0 | $0 | $34k | $396k | $28.1m | |
| Accounts receivable | ($1.8m) | ($567k) | ($870k) | ($966k) | ($1.4m) | ($2.1m) | ($1.6m) | ($2.5m) | |
| Accounts payable | $1.9m | $302k | $583k | ($330k) | $1.3m | $3.1m | ($1.1m) | $2.3m | |
| Equipment purchases financed with accounts payable | $10k | $130k | $78k | $13k | $52k | $28k | $28k | — | |
| Accrued liabilities | — | $792k | $1.6m | $1.8m | $4.9m | ($941k) | $7.1m | $3.2m | |
| Deferred revenue | $7.9m | $6.7m | $6.6m | $4.6m | $4.8m | $480k | ($1.7m) | — | |
| Prepaid expenses and other assets | ($1.1m) | ($727k) | ($4.1m) | ($93k) | ($680k) | $373k | $1.6m | — | |
| Net cash provided by operating activities | ($22.1m) |
($15.5m)
+29.68%
|
($20.4m)
-31.29%
|
($12.8m)
+37.34%
|
$10.2m
+180.06%
|
$14.1m
+38.43%
|
$17.5m
+23.97%
|
$16.9m
-3.93%
|
|
| Purchases of property and equipment | ($2.5m) | ($2.8m) | ($7.4m) | ($1.9m) | ($1.7m) | ($2.2m) | ($2.4m) | ($5.8m) | |
| Net accretion of discounts on short-term investments | — | $0 | $0 | ($413k) | ($2.7m) | ($2.1m) | ($902k) | — | |
| Maturities of short-term investments | — | — | $0 | $0 | $62.1m | $66.4m | $58.5m | — | |
| Purchases of short-term investments | — | $0 | $0 | ($50.9m) | ($66.2m) | ($53.8m) | ($36.8m) | — | |
| Unrealized gain (loss) on short-term investments | — | $0 | $0 | $12k | $31k | ($21k) | $14k | — | |
| Business acquisitions, net of cash acquired | — | — | — | — | $0 | $0 | ($23.9m) | — | |
| Net cash provided by (used in) investing activities | ($2.5m) | ($3.9m) | ($9.8m) | ($54.0m) | ($7.7m) | $8.9m | ($6.8m) | ($3.5m) | |
| Payments for taxes related to net share settlement of equity awards | — | — | $0 | $0 | ($10.4m) | ($18.9m) | ($2.9m) | — | |
| Net cash used in financing activities | $65.0m |
($5.2m)
-107.92%
|
$110.5m
+2245.24%
|
($7.2m)
-106.52%
|
($13.7m)
-90.41%
|
($22.2m)
-61.71%
|
($7.3m)
+66.96%
|
($10.4m)
-41.39%
|
|
| 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 | ||
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| 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 | — | |
| Deferred contract costs | ($8.9m) | ($9.7m) | ($12.8m) | ($12.3m) | ($13.3m) | ($15.3m) | ($18.3m) | — | |
| Operating lease liabilities | — | — | — | ($2.5m) | ($3.7m) | ($4.0m) | ($4.2m) | — | |
| 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 | — | |
| 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 | — | |
| 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 | — | |
| Finance lease liabilities arising from obtaining finance lease right-of-use assets | — | $8.7m | $8.5m | $6.7m | $7.2m | $7.4m | $7.1m | — | |
| Operating lease liabilities arising from obtaining operating lease right-of-use assets | — | — | $0 | $309k | $154k | $149k | $304k | — | |
| Equity issued as consideration in business combinations | — | — | — | — | $0 | $0 | $10.0m | — | |
| Consideration withheld for indemnification liabilities related to business combinations | — | — | — | — | $0 | $0 | $1.8m | — |