$NOTE Income Statement | Understand Stock

$NOTE

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Statements of Operations and Comprehensive Income (Loss)

In millions of USD; shares in millions, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Revenues
Subscription
Advisory, advertising, and other
Total revenues
Operating expenses:
Cost of revenues
Cost of revenues, including amortization
Research and development
Sales and marketing
Editorial
General and administrative
Amortization of intangible assets
Loss on sublease
Impairment of goodwill and other long-lived assets
Transaction gains, net
Total operating expenses

Operating loss
Interest earned on investments held in Trust Account
Change in fair value of derivative warrant liabilities
Gain from sale of businesses (Note 4)
Interest expense, net
Change in fair value of warrant and derivative liabilities
Change in fair value of financial instruments
Gain on PPP loan upon extinguishment
Loss on debt extinguishment, net
Loss contingency
Loss on settlement
Other (income) expense, net
Net (loss) income before income taxes
(Benefit) provision from income taxes
Net (loss) income
Deemed dividend
Other comprehensive income (loss)
Total comprehensive (loss) income
Net (loss) income used to compute basic (loss) income per share
Net (loss) income used to compute diluted (loss) income per share
(Loss) earnings per share attributable to common shareholders:
Basic
Class A Common Stock Subject to Redemption
Class B shares
Total basic

Diluted
Class A Common Stock Subject to Redemption
Class B shares
Total diluted

Weighted average shares used in computing (loss) earnings per share attributable to common shareholders:
Basic
Class A shares
Class B shares
Total basic

Diluted
Class A shares
Class B shares
Total diluted

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