$ALKT
ALKAMI TECHNOLOGY, INC. Stock $alkt

$alkt Overview Financials Valuation SEC Filings Company Website

2024 Q1 Form 10-Q Financial Statement

#000152927424000096 Filed on May 02, 2024

Income Statement

Concept	2024 Q1
Revenue	$76.13M
YoY Change	26.89%
Cost Of Revenue	$32.10M
YoY Change	15.21%
Gross Profit	$44.03M
YoY Change	37.01%
Gross Profit Margin	57.84%
Selling, General & Admin	$33.16M
YoY Change	18.47%
% of Gross Profit	75.3%
Research & Development	$22.82M
YoY Change	11.05%
% of Gross Profit	51.83%
Depreciation & Amortization	$2.562M
YoY Change	-0.93%
% of Gross Profit	5.82%
Operating Expenses	$56.40M
YoY Change	14.9%
Operating Profit	-$12.37M
YoY Change	-27.03%
Interest Expense	$73.00K
YoY Change	-95.85%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	-$11.24M
YoY Change	-32.94%
Income Tax	$200.0K
% Of Pretax Income
Net Earnings	-$11.43M
YoY Change	-32.6%
Net Earnings / Revenue	-15.02%
Basic Earnings Per Share	-$0.12
Diluted Earnings Per Share	-$0.12
COMMON SHARES
Basic Shares Outstanding	96.76M shares
Diluted Shares Outstanding	96.95M shares

Balance Sheet

Concept	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$87.30M
YoY Change	-52.91%
Cash & Equivalents	$44.18M
Short-Term Investments	$43.13M
Other Short-Term Assets	$22.61M
YoY Change	-0.28%
Inventory
Prepaid Expenses
Receivables	$35.72M
Other Receivables	$0.00
Total Short-Term Assets	$145.6M
YoY Change	-38.42%
LONG-TERM ASSETS
Property, Plant & Equipment	$18.22M
YoY Change	28.16%
Goodwill	$148.1M
YoY Change	0.0%
Intangibles	$34.11M
YoY Change	-16.59%
Long-Term Investments
YoY Change
Other Assets	$4.653M
YoY Change	43.83%
Total Long-Term Assets	$252.0M
YoY Change	2.62%
TOTAL ASSETS
Total Short-Term Assets	$145.6M
Total Long-Term Assets	$252.0M
Total Assets	$397.6M
YoY Change	-17.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$6.533M
YoY Change	106.54%
Accrued Expenses	$16.90M
YoY Change	-22.18%
Deferred Revenue	$12.50M
YoY Change	26.87%
Short-Term Debt	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$37.17M
YoY Change	-11.7%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00
YoY Change	-100.0%
Other Long-Term Liabilities	$233.0K
YoY Change	-33.43%
Total Long-Term Liabilities	$233.0K
YoY Change	-99.71%
TOTAL LIABILITIES
Total Short-Term Liabilities	$37.17M
Total Long-Term Liabilities	$233.0K
Total Liabilities	$74.74M
YoY Change	-51.45%
SHAREHOLDERS EQUITY
Retained Earnings	-$446.8M
YoY Change	14.74%
Common Stock	$98.00K
YoY Change	5.38%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$322.9M
YoY Change
Total Liabilities & Shareholders Equity	$397.6M
YoY Change	-17.51%

Cashflow Statement

Concept	2024 Q1
OPERATING ACTIVITIES
Net Income	-$11.43M
YoY Change	-32.6%
Depreciation, Depletion And Amortization	$2.562M
YoY Change	-0.93%
Cash From Operating Activities	$951.0K
YoY Change	-109.89%
INVESTING ACTIVITIES
Capital Expenditures	$306.0K
YoY Change	33.62%
Acquisitions
YoY Change
Other Investing Activities	$8.477M
YoY Change	-50.53%
Cash From Investing Activities	$6.808M
YoY Change	-56.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$4.507M
YoY Change	693.49%
NET CHANGE
Cash From Operating Activities	$951.0K
Cash From Investing Activities	$6.808M
Cash From Financing Activities	-$4.507M
Net Change In Cash	$3.252M
YoY Change	-41.74%
FREE CASH FLOW
Cash From Operating Activities	$951.0K
Capital Expenditures	$306.0K
Free Cash Flow	$645.0K
YoY Change	-106.55%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	97515483	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	97515483	shares
CY2024Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	32095000	usd
CY2023Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	27858000	usd
CY2024Q1	us-gaap	Gross Profit GrossProfit	44032000	usd
CY2023Q1	us-gaap	Gross Profit GrossProfit	32138000	usd
CY2024Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	22820000	usd
CY2023Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	20549000	usd
CY2024Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	13843000	usd
CY2023Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	10878000	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	19315000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	17111000	usd
CY2024Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	60000	usd
CY2023Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	186000	usd
CY2024Q1	alk	Amortization Of Acquired Intangible Assets AmortizationOfAcquiredIntangibleAssets	359000	usd
CY2023Q1	alk	Amortization Of Acquired Intangible Assets AmortizationOfAcquiredIntangibleAssets	360000	usd
CY2024Q1	us-gaap	Operating Expenses OperatingExpenses	56397000	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	49084000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-12365000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-16946000	usd
CY2024Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	1082000	usd
CY2023Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	1726000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	73000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	1757000	usd
CY2024Q1	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	-112000	usd
CY2023Q1	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	-210000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-11244000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-16767000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	189000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	196000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-11433000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-16963000	usd
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.12
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.12
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.18
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.18
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	96945232	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	96945232	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	92397341	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	92397341	shares
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	324941000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	13906000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	0	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	1171000	usd
CY2024Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	5678000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	322907000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	334046000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	11612000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	0	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	1416000	usd
CY2023Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	1984000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-16963000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	328127000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-11433000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-16963000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2562000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2586000	usd
CY2024Q1	alk	Accrued Interest On Marketable Securities Net AccruedInterestOnMarketableSecuritiesNet	294000	usd
CY2023Q1	alk	Accrued Interest On Marketable Securities Net AccruedInterestOnMarketableSecuritiesNet	398000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	13552000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	11440000	usd
CY2024Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	32000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	45000	usd
CY2024Q1	alk	Noncash Gain Loss On Financial Instruments NoncashGainLossOnFinancialInstruments	112000	usd
CY2023Q1	alk	Noncash Gain Loss On Financial Instruments NoncashGainLossOnFinancialInstruments	210000	usd
CY2024Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	25000	usd
CY2023Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	47000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	218000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2183000	usd
CY2024Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1633000	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	2654000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-3873000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-1290000	usd
CY2024Q1	alk	Increase Decrease In Capitalized Contract Cost Net IncreaseDecreaseInCapitalizedContractCostNet	1311000	usd
CY2023Q1	alk	Increase Decrease In Capitalized Contract Cost Net IncreaseDecreaseInCapitalizedContractCostNet	859000	usd
CY2024Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	3654000	usd
CY2023Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	824000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	951000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-9615000	usd
CY2024Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	7149000	usd
CY2023Q1	us-gaap	Payments To Acquire Marketable Securities PaymentsToAcquireMarketableSecurities	20987000	usd
CY2024Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	15626000	usd
CY2023Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	38122000	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	306000	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	229000	usd
CY2024Q1	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	1363000	usd
CY2023Q1	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	1141000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	6808000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	15765000	usd
CY2024Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	5678000	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1984000	usd
CY2024Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	1171000	usd
CY2023Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	1416000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-4507000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-568000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	3252000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	5582000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	40927000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	112337000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	44179000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	117919000	usd
CY2023Q4	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	36086000	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	53000	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	59000	usd
CY2024Q1	alk	Accounts Receivable Estimated Credits Reserve Current AccountsReceivableEstimatedCreditsReserveCurrent	425000	usd
CY2024Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:112%">Use of Estimates</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Significant estimates and assumptions include determining the timing and amount of revenue recognition and business combinations.</span></div>
CY2024Q1	us-gaap	Depreciation Depreciation	900000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	900000	usd
CY2023Q4	alk	Accounts Receivable Estimated Credits Reserve Current AccountsReceivableEstimatedCreditsReserveCurrent	528000	usd
CY2024Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	35717000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	37997000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	35842000	usd
CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	19780000	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	18896000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	18217000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	16946000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	76127000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	59996000	usd
CY2024Q1	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	2400000	usd
CY2024Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	1200000000	usd
CY2024Q1	us-gaap	Revenue Remaining Performance Obligation Percentage RevenueRemainingPerformanceObligationPercentage	0.459
CY2024Q1	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P24M
CY2024Q1	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P24M
CY2024Q1	us-gaap	Revenue Remaining Performance Obligation Percentage RevenueRemainingPerformanceObligationPercentage	0.348
CY2024Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	1400000	usd
CY2023Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	1500000	usd
CY2024Q1	us-gaap	Capitalized Contract Cost Impairment Loss CapitalizedContractCostImpairmentLoss	0	usd
CY2023Q1	us-gaap	Capitalized Contract Cost Impairment Loss CapitalizedContractCostImpairmentLoss	0	usd
CY2024Q1	us-gaap	Accounts Receivable Gross Current AccountsReceivableGrossCurrent	36195000	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	35499000	usd
CY2024Q1	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	3388000	usd
CY2023Q4	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	7798000	usd
CY2024Q1	alk	Accrued Vendor Purchases Current AccruedVendorPurchasesCurrent	94000	usd
CY2023Q4	alk	Accrued Vendor Purchases Current AccruedVendorPurchasesCurrent	174000	usd
CY2024Q1	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	423000	usd
CY2023Q4	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	2026000	usd
CY2024Q1	alk	Accrued Hosting Services Current AccruedHostingServicesCurrent	397000	usd
CY2023Q4	alk	Accrued Hosting Services Current AccruedHostingServicesCurrent	428000	usd
CY2024Q1	us-gaap	Contract With Customer Refund Liability Current ContractWithCustomerRefundLiabilityCurrent	512000	usd
CY2023Q4	us-gaap	Contract With Customer Refund Liability Current ContractWithCustomerRefundLiabilityCurrent	660000	usd
CY2024Q1	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	571000	usd
CY2023Q4	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	713000	usd
CY2024Q1	us-gaap	Taxes Payable Current TaxesPayableCurrent	969000	usd
CY2023Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	1166000	usd
CY2024Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	2204000	usd
CY2023Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	682000	usd
CY2024Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	8344000	usd
CY2023Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	6116000	usd
CY2024Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	16902000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	19763000	usd
CY2024Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	11890901	shares
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	15508448	shares
CY2024Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	13552000	usd
CY2023Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	11244000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	200000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	200000	usd
CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.017
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.012
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-11433000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-16963000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	96945232	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	96945232	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	92397341	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	92397341	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.12
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.12
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.18
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.18
CY2024Q1	us-gaap	Lessee Operating Lease Term Of Contract LesseeOperatingLeaseTermOfContract	P10Y
CY2024Q1	alk	Lessee Operating Lease Office Space LesseeOperatingLeaseOfficeSpace	125468	sqft
CY2023Q4	alk	Lessee Operating Lease Office Space LesseeOperatingLeaseOfficeSpace	125468	sqft
CY2023Q4	alk	Lessee Operating Lease Office Space LesseeOperatingLeaseOfficeSpace	83939	sqft
CY2023Q4	alk	Increase Decrease In Operating Lease Right Of Use Asset IncreaseDecreaseInOperatingLeaseRightOfUseAsset	3100000	usd
CY2023Q4	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	2700000	usd
CY2023Q4	alk	Gain On Lease Modification GainOnLeaseModification	400000	usd
CY2024Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	669000	usd
CY2023Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	784000	usd
CY2024Q1	alk	Short Term Lease And Other Cost ShortTermLeaseAndOtherCost	303000	usd
CY2023Q1	alk	Short Term Lease And Other Cost ShortTermLeaseAndOtherCost	318000	usd
CY2024Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	972000	usd
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	1102000	usd
CY2024Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	662000	usd
CY2023Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	938000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	2003000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	2707000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	2648000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	2620000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	2777000	usd
CY2024Q1	alk	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	14981000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	27736000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	8429000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	19307000	usd
CY2024Q1	us-gaap	Goodwill Goodwill	148100000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	148100000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	48920000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	14834000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	34086000	usd
CY2024Q1	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	25000	usd
CY2024Q1	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	25000	usd
CY2024Q1	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	48945000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	14834000	usd
CY2024Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	34111000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	48920000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	13138000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	35782000	usd
CY2023Q4	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	25000	usd
CY2023Q4	us-gaap	Indefinite Lived Intangible Assets Excluding Goodwill IndefiniteLivedIntangibleAssetsExcludingGoodwill	25000	usd
CY2023Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	48945000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	13138000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	35807000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1700000	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1700000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	5090000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	6786000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	6554000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	3162000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	1435000	usd
CY2024Q1	alk	Finite Lived Intangible Asset Expected Amortization After Year Four FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour	11059000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	34086000	usd
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001529274-24-000096-index-headers.html	Edgar Link	pending
0001529274-24-000096-index.html	Edgar Link	pending
0001529274-24-000096.txt	Edgar Link	pending
0001529274-24-000096-xbrl.zip	Edgar Link	pending
alk-20240331.htm	Edgar Link	pending
alk-20240331.xsd	Edgar Link	pending
alk-20240331_g1.gif	Edgar Link	pending
ex-311ceoq12024.htm	Edgar Link	pending
ex-312cfoq12024.htm	Edgar Link	pending
ex-321ceoq12024.htm	Edgar Link	pending
ex-322cfoq12024.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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alk-20240331_cal.xml	Edgar Link	unprocessable
alk-20240331_def.xml	Edgar Link	unprocessable
alk-20240331_lab.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
alk-20240331_htm.xml	Edgar Link	completed
alk-20240331_pre.xml	Edgar Link	unprocessable
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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ALKAMI TECHNOLOGY, INC. Stock $alkt

2024 Q1 Form 10-Q Financial Statement

#000152927424000096 Filed on May 02, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ALKT ALKAMI TECHNOLOGY, INC. Stock $alkt

2024 Q1 Form 10-Q Financial Statement

#000152927424000096 Filed on May 02, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ALKT
ALKAMI TECHNOLOGY, INC. Stock $alkt