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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue $ 53,383 $ 69,339 $ 117,038 $ 140,075
Cost of revenue 13,435 20,474 31,483 41,523
Gross profit 39,948 48,865 85,555 98,552
Operating expenses:        
Sales and marketing 10,771 16,791 24,527 33,809
Research and development 9,781 12,185 21,323 24,640
General and administrative 10,219 13,880 21,840 27,112
Depreciation and amortization 6,864 11,380 14,859 22,776
Divestiture-related expenses 6,879 0 8,624 0
Impairment of goodwill and other intangibles 2,469 0 2,469 87,227
Total operating expenses 46,983 54,236 93,642 195,564
Loss from operations (7,035) (5,371) (8,087) (97,012)
Other expense:        
Interest expense, net (4,136) (5,056) (6,579) (10,014)
Loss on divestitures of businesses (434) 0 (23,891) 0
Other income (expense), net (1,595) 198 (1,836) 120
Total other expense (6,165) (4,858) (32,306) (9,894)
Loss before benefit from (provision for) income taxes (13,200) (10,229) (40,393) (106,906)
Benefit from (provision for) income taxes 171 (1,210) 1,516 (663)
Net loss (13,029) (11,439) (38,877) (107,569)
Preferred stock dividends (1,454) (1,390) (2,892) (2,765)
Net loss attributable to common stockholders, basic (14,483) (12,829) (41,769) (110,334)
Net loss attributable to common stockholders, diluted $ (14,483) $ (12,829) $ (41,769) $ (110,334)
Net loss per common share:        
Net loss per common share, basic (in dollars per share) $ (0.51) $ (0.47) $ (1.47) $ (3.92)
Net loss per common share, diluted (in dollars per share) $ (0.51) $ (0.47) $ (1.47) $ (3.92)
Weighted-average common shares outstanding, basic (in shares) 28,518,839 27,348,672 28,370,711 28,133,285
Weighted-average common shares outstanding, diluted (in shares) 28,518,839 27,348,672 28,370,711 28,133,285
Total product revenue        
Revenue $ 51,666 $ 67,234 $ 113,456 $ 135,782
Subscription and support        
Revenue 50,467 65,504 110,649 132,582
Cost of revenue 12,412 19,247 29,362 39,076
Perpetual license        
Revenue 1,199 1,730 2,807 3,200
Professional services        
Revenue 1,717 2,105 3,582 4,293
Cost of revenue $ 1,023 $ 1,227 $ 2,121 $ 2,447