| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenues | 100,372 | 67,229 | 34,757 | - |
| Adjusted cost of revenues | 69,310 | 46,605 | 24,209 | - |
| Adjusted selling and marketing | 3,167 | 3,714 | 1,689 | - |
| Adjusted general and administrative | 41,183 | 24,983 | 12,179 | - |
| Adjusted research and development | 10,055 | 7,250 | 3,389 | - |
| Restructuring charges | 4,257 | 0 | - | - |
| Transaction expenses | 0 | 0 | - | - |
| Goodwill impairment | 70,636 | 70,636 | 0 | - |
| Equity-based compensation expense | 17,040 | 11,719 | 7,400 | - |
| Net (decrease) increase in fair value of derivatives | -142,962 | -169,087 | -33,336 | - |
| Interest income | 6,566 | 2,260 | 556 | - |
| Interest expense | 14,139 | 9,535 | 5,116 | - |
| Depreciation and amortization | 11,048 | 6,921 | 3,470 | - |
| Loss on extinguishment of debt | -2,577 | -2,577 | -2,577 | - |
| Other segment items | 8,648 | 7,067 | 3,934 | - |
| Net income (loss) | -288,084 | -290,605 | -61,986 | -149,060 |
| Depreciation and amortization expense | 11,048 | 6,921 | 3,470 | 8,740 |
| Amortization of debt discount and issuance costs | 6,949 | - | - | - |
| Amortization of debt issuance costs and discount | - | 4,790 | 2,764 | 1,517 |
| Amortization of discount on htm investments | 125 | - | - | - |
| Equity-based compensation expense | 17,040 | 11,719 | 7,400 | 16,074 |
| Goodwill impairment | 70,636 | 70,636 | 0 | 85,000 |
| Non-cash lease expense | 1,954 | 624 | 370 | 553 |
| Provision for doubtful accounts | 351 | 351 | 40 | 220 |
| Deferred income tax benefit | 0 | 0 | 0 | -37 |
| Loss on extinguishment of debt | -2,577 | -2,577 | -2,577 | - |
| Increase in fair value of derivatives | 142,962 | 169,087 | 33,336 | 14,832 |
| Loss on sale of property and equipment | - | - | - | 0 |
| Decrease (increase) in accounts receivable | -14,239 | -10,267 | -4,348 | 5,396 |
| (increase) decrease in contract assets | 1,285 | -194 | -383 | -3,078 |
| (increase) decrease in prepaid expenses and other assets | 3,138 | 592 | 1,795 | -1,540 |
| Decrease in accounts payable | -2,889 | -5,039 | -4,163 | -8,224 |
| Increase in accrued expenses | 6,514 | 4,765 | 4,446 | 7,610 |
| Increase in contract liabilities | 966 | 1,925 | 476 | 486 |
| Increase (decrease) in other liabilities | 168 | 1,848 | 1,670 | -246 |
| Net cash used in operating activities | -20,117 | -10,532 | -6,664 | -23,313 |
| Purchases of htm investments | 258,739 | - | - | - |
| Acquisition of business, net of cash acquired | 0 | 0 | 0 | -13,935 |
| Purchases of property and equipment | 273 | 85 | 80 | 304 |
| Capitalized software development costs | 3,841 | 2,699 | 1,540 | 7,396 |
| Net cash (used in) provided by investing activities | -262,853 | -2,784 | -1,620 | 6,235 |
| Proceeds from issuance of shares for exercised rdo and pipe warrants | 64,673 | 64,673 | 64,673 | 53,809 |
| Proceeds from issuance of private placement and registered direct offering shares | - | - | - | 0 |
| Payment of rdo and pipe transaction costs | 551 | 551 | 551 | 0 |
| Proceeds from short-term borrowings | - | - | 0 | - |
| Repayment of short-term borrowings | 818 | 451 | 366 | 1,229 |
| Proceeds from at-the-market offering | - | - | 6,569 | - |
| Proceeds from at-the-market offerings | 637,073 | 300,000 | - | - |
| Payment of transaction costs for at-the-market offerings | 8,284 | 5,250 | 115 | - |
| Payment of debt issuance costs to third parties | 4,679 | 4,679 | 4,342 | - |
| Issuance of common stock upon espp purchase | 1,069 | 1,069 | - | 607 |
| Proceeds from exercise of options | 3,604 | 1,633 | 1,393 | 119 |
| Payments of tax withholding from the issuance of common stock | 2,037 | 1,679 | 1,318 | 3,143 |
| Net cash provided by financing activities | 690,050 | 354,765 | 65,943 | 50,163 |
| Effect of foreign currency rate changes on cash and cash equivalents | -641 | -745 | -190 | -58 |
| Net increase in cash and cash equivalents | 406,439 | 340,704 | 57,469 | 33,027 |
| Cash and cash equivalents at beginning of period | 50,141 | 50,141 | 50,141 | 32,557 |
| Cash and cash equivalents at end of period | 456,580 | 390,845 | 107,610 | 65,584 |
BigBear.ai Holdings, Inc. (BBAI-WT)
BigBear.ai Holdings, Inc. (BBAI-WT)