2022 Q3 Form 10-Q Financial Statement

#000139297222000070 Filed on July 28, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $70.35M $68.36M $66.49M
YoY Change 12.25% 9.55% 8.33%
Cost Of Revenue $27.61M $27.64M $27.36M
YoY Change 5.98% 4.68% 3.28%
Gross Profit $42.74M $40.72M $39.13M
YoY Change 16.71% 13.12% 12.17%
Gross Profit Margin 60.75% 59.57% 58.85%
Selling, General & Admin $35.62M $37.86M $39.62M
YoY Change 6.62% 18.86% 14.66%
% of Gross Profit 83.34% 92.97% 101.24%
Research & Development $23.30M $23.40M $24.47M
YoY Change 22.51% 14.41% 16.93%
% of Gross Profit 54.53% 57.47% 62.53%
Depreciation & Amortization $3.395M $3.801M $4.647M
YoY Change 24.09% 25.78% 51.47%
% of Gross Profit 7.94% 9.33% 11.88%
Operating Expenses $58.92M $61.26M $64.08M
YoY Change 12.38% 17.12% 15.51%
Operating Profit -$16.18M -$20.54M -$26.50M
YoY Change 2.36% 25.95% 28.72%
Interest Expense -$1.576M -$1.576M -$1.576M
YoY Change 0.0% 0.0% -0.25%
% of Operating Profit
Other Income/Expense, Net $4.158M -$2.000K -$418.0K
YoY Change -5956.34% -150.0% -246.15%
Pretax Income -$13.60M -$22.12M -$28.50M
YoY Change -22.09% 23.7% 30.24%
Income Tax $254.0K $291.0K $143.0K
% Of Pretax Income
Net Earnings -$13.85M -$22.41M -$28.64M
YoY Change -20.95% 24.16% 30.01%
Net Earnings / Revenue -19.69% -32.78% -43.07%
Basic Earnings Per Share -$0.31 -$0.50 -$0.64
Diluted Earnings Per Share -$0.31 -$0.50 -$0.64
COMMON SHARES
Basic Shares Outstanding 45.31M shares 45.22M shares 45.09M shares
Diluted Shares Outstanding 45.31M shares 45.22M shares 45.09M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $206.8M $215.2M $217.4M
YoY Change -32.99% -32.4% -32.88%
Cash & Equivalents $206.8M $215.2M $217.4M
Short-Term Investments
Other Short-Term Assets $17.65M $17.90M $16.60M
YoY Change 7.88% 17.31% 0.01%
Inventory
Prepaid Expenses
Receivables $45.92M $34.42M $52.80M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $270.4M $267.5M $286.8M
YoY Change -26.55% -28.65% -27.24%
LONG-TERM ASSETS
Property, Plant & Equipment $26.13M $27.34M $28.14M
YoY Change -19.35% -20.21% -21.02%
Goodwill $106.8M $107.3M $107.9M
YoY Change 115.92% 115.97% 117.76%
Intangibles $19.83M $22.05M $24.64M
YoY Change 245.5% 234.23% 230.03%
Long-Term Investments
YoY Change
Other Assets $11.09M $8.156M $8.119M
YoY Change 22.52% 12.68% 8.18%
Total Long-Term Assets $190.5M $194.3M $199.8M
YoY Change 43.35% 42.18% 41.77%
TOTAL ASSETS
Total Short-Term Assets $270.4M $267.5M $286.8M
Total Long-Term Assets $190.5M $194.3M $199.8M
Total Assets $460.9M $461.8M $486.6M
YoY Change -8.01% -9.73% -9.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.926M $5.978M $7.957M
YoY Change 38.58% 13.54% 25.96%
Accrued Expenses $13.39M $12.70M $12.39M
YoY Change 9.45% -0.7% -25.97%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $161.3M $157.1M $164.3M
YoY Change 8.61% 6.15% 2.41%
LONG-TERM LIABILITIES
Long-Term Debt $289.4M $289.0M $288.7M
YoY Change 0.52% 0.52% 0.51%
Other Long-Term Liabilities $999.0K $1.065M $1.182M
YoY Change -13.13% -27.45% -18.43%
Total Long-Term Liabilities $999.0K $1.065M $1.182M
YoY Change -13.13% -27.45% -18.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $161.3M $157.1M $164.3M
Total Long-Term Liabilities $999.0K $1.065M $1.182M
Total Liabilities $488.6M $486.8M $499.4M
YoY Change 1.14% 0.22% -0.13%
SHAREHOLDERS EQUITY
Retained Earnings -$573.6M -$559.7M -$537.3M
YoY Change 18.25% 19.72% 19.54%
Common Stock $50.00K $50.00K $50.00K
YoY Change 2.04% 2.04% 2.04%
Preferred Stock
YoY Change
Treasury Stock (at cost) $29.85M $29.85M $29.85M
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 4.681M shares 4.681M shares 4.681M shares
Shareholders Equity -$27.68M -$25.09M -$12.82M
YoY Change
Total Liabilities & Shareholders Equity $460.9M $461.8M $486.6M
YoY Change -8.01% -9.73% -9.06%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$13.85M -$22.41M -$28.64M
YoY Change -20.95% 24.16% 30.01%
Depreciation, Depletion And Amortization $3.395M $3.801M $4.647M
YoY Change 24.09% 25.78% 51.47%
Cash From Operating Activities -$8.991M -$1.931M -$11.01M
YoY Change 10.04% -61.26% 148.68%
INVESTING ACTIVITIES
Capital Expenditures -$76.00K -$308.0K $461.0K
YoY Change -78.1% -60.76% -64.54%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$169.0K $0.00
YoY Change -100.0% 16800.0% -100.0%
Cash From Investing Activities -$76.00K -$477.0K -$461.0K
YoY Change -96.98% -39.31% -74.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.279M 0.000 $1.231M
YoY Change 4.24% -100.0% -1.05%
NET CHANGE
Cash From Operating Activities -8.991M -1.931M -$11.01M
Cash From Investing Activities -76.00K -477.0K -$461.0K
Cash From Financing Activities 1.279M 0.000 $1.231M
Net Change In Cash -7.788M -2.408M -$10.16M
YoY Change -17.67% -58.24% 95.2%
FREE CASH FLOW
Cash From Operating Activities -$8.991M -$1.931M -$11.01M
Capital Expenditures -$76.00K -$308.0K $461.0K
Free Cash Flow -$8.915M -$1.623M -$11.48M
YoY Change 13.94% -61.35% 100.3%

Facts In Submission

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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Net Income Loss
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us-gaap Depreciation Depletion And Amortization
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Provision For Doubtful Accounts
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us-gaap Asset Impairment Charges
AssetImpairmentCharges
1551000 usd
CY2021Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
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pro Accounts And Unbilled Receivables
AccountsAndUnbilledReceivables
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AccountsAndUnbilledReceivables
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us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-132000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
3100000 usd
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
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IncreaseDecreaseInAccountsPayable
1629000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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IncreaseDecreaseInAccruedLiabilities
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us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
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us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
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us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
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IncreaseDecreaseInDeferredRevenue
9187000 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
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NetCashProvidedByUsedInOperatingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
769000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2085000 usd
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PaymentsToAcquireOtherInvestments
169000 usd
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
501000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1443000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1596000 usd
pro Tax Withholding Related To Net Share Settlement Of Restricted Stock Units
TaxWithholdingRelatedToNetShareSettlementOfRestrictedStockUnits
212000 usd
pro Tax Withholding Related To Net Share Settlement Of Restricted Stock Units
TaxWithholdingRelatedToNetShareSettlementOfRestrictedStockUnits
352000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1231000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1244000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
277000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-52000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-12375000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-10808000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
329134000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
215178000 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
318326000 usd
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
49245 shares
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
140000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
335000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10766000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-628000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-22406000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-25090000 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
35029000 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8588000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
157000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-18046000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
25728000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
3584000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
-212000 usd
us-gaap Proceeds From Stock Plans
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1443000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
21991000 usd
CY2022Q2 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
0 shares
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-850000 usd
us-gaap Net Income Loss
NetIncomeLoss
-51046000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-25090000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
117037000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
-352000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1596000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
16741000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-451000 usd
us-gaap Net Income Loss
NetIncomeLoss
-40075000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
25728000 usd
us-gaap Nature Of Operations
NatureOfOperations
Organization and Nature of Operations<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    </span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">PROS Holdings, Inc., a Delaware corporation, through its operating subsidiaries (collectively, the "Company"), provides solutions that optimize shopping and selling experiences. PROS solutions leverage artificial intelligence ("AI"), self-learning and automation to ensure that every transactional experience is fast, frictionless and personalized for every shopper, supporting both business-to-business ("B2B") and business-to-consumer ("B2C") companies across industry verticals. Companies can use these selling, pricing, revenue optimization, distribution and retail, and digital offer marketing solutions to assess their market environments in real time to deliver customized prices and offers. The Company's solutions enable buyers to move fluidly across its customers’ direct sales, partner, online, mobile and emerging channels with personalized experiences regardless of which channel buyers choose. The Company's decades of data science and AI expertise are infused into its solutions and are designed to reduce time and complexity through actionable intelligence.</span></div>
CY2022Q2 pro Treasury Money Market Funds At Fair Value
TreasuryMoneyMarketFundsAtFairValue
179000000 usd
CY2021Q4 pro Treasury Money Market Funds At Fair Value
TreasuryMoneyMarketFundsAtFairValue
203300000 usd
us-gaap Revenue Recognition Customer Acquisitions
RevenueRecognitionCustomerAcquisitions
<div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Deferred costs</span></div><div style="text-indent:36pt"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    Sales commissions earned by the Company's sales representatives are considered incremental and recoverable costs of obtaining a customer contract. Sales commissions are deferred and amortized on a straight-line basis over the period of benefit, which the Company has determined to be five to eight years. The Company determined the period of benefit by taking into consideration its customer contracts, expected renewals of those customer contracts (as the Company currently does not pay an incremental sales commission for renewals), the Company's technology and other factors. The Company also defers amounts earned by employees other than sales representatives who earn incentive payments under compensation plans also tied to the value of customer contracts acquired. Deferred costs were </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$15.2 million</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$15.3 million</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> as of June 30, 2022 and December 31, 2021, respectively. Amortization expense for the deferred costs was </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$1.4 million</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and $1.5 million for the three months ended June 30, 2022 and 2021, respectively, and </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$2.9 million </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">and $3.1 million for the six months ended June 30, 2022 and 2021, respectively. Amortization of deferred costs is included in selling and marketing expense in the accompanying unaudited condensed consolidated statements of comprehensive loss.</span></div>
CY2022Q2 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
15200000 usd
CY2021Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
15300000 usd
CY2022Q2 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
1400000 usd
CY2021Q2 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
1500000 usd
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
2900000 usd
CY2022Q2 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
2000000 usd
CY2021Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
2400000 usd
CY2022Q2 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
300000 usd
CY2021Q2 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
300000 usd
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
600000 usd
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
600000 usd
CY2022Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
1600000 usd
CY2021Q2 pro Percentage Of Total Revenue
PercentageOfTotalRevenue
1
CY2022Q2 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
48600000 usd
CY2021Q2 us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
45300000 usd
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
71200000 usd
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
70300000 usd
CY2022Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
434900000 usd
CY2022Q2 pro Revenue Remaining Performance Obligationtoberecognizedwithin12months
RevenueRemainingPerformanceObligationtoberecognizedwithin12months
197400000 usd
CY2022Q2 us-gaap Revenues
Revenues
68362000 usd
CY2022Q2 pro Percentage Of Total Revenue
PercentageOfTotalRevenue
1
CY2021Q2 us-gaap Revenues
Revenues
62401000 usd
us-gaap Revenues
Revenues
134854000 usd
pro Percentage Of Total Revenue
PercentageOfTotalRevenue
1
us-gaap Revenues
Revenues
123779000 usd
pro Percentage Of Total Revenue
PercentageOfTotalRevenue
1
CY2022Q2 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P15Y
pro Lessee Operating Lease Termination Option
LesseeOperatingLeaseTerminationOption
P1Y
CY2022Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
2353000 usd
CY2021Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
1917000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
4195000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
4378000 usd
CY2022Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
243000 usd
CY2021Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
194000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
243000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
291000 usd
pro Decrease In Right Of Use Asset And Related Lease Liability Due To Modification
DecreaseInRightOfUseAssetAndRelatedLeaseLiabilityDueToModification
2700000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
5168000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
9618000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5260000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4211000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4109000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
4043000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
23685000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
56094000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
16374000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
39720000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-18046000 usd
us-gaap Net Income Loss
NetIncomeLoss
-51046000 usd
us-gaap Net Income Loss
NetIncomeLoss
-40075000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45222000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44321000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45154000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44283000 shares
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45222000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44321000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45154000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44283000 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.50
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.41
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.13
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.90
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.50
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.41
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.13
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.90
pro Maximum Amount Contributable By Employees Under Espp Annually
MaximumAmountContributableByEmployeesUnderESPPAnnually
10000 usd
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10766000 usd
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8606000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21991000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
16776000 usd
CY2022Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
94700000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y9M18D
CY2022Q2 pro Sharebasedcompensationarrangementbysharebasedpayment Minimum Employee Subscriptionrate
SharebasedcompensationarrangementbysharebasedpaymentMinimumEmployeeSubscriptionrate
0.01
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Employee Subscription Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumEmployeeSubscriptionRate
0.10
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Offering Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPriceOfferingDate
0.15
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Offering Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPriceOfferingDate
0.15
pro Maximum Amount Contributablebyemployeesunder Espp Halfyearly
MaximumAmountContributablebyemployeesunderESPPHalfyearly
5000 usd
pro Esp Pcontributionsby Employees
ESPPcontributionsbyEmployees
1300000 usd
CY2022Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
266700000 usd
CY2021Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
299400000 usd
CY2022Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
293750000 usd
CY2021Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
293750000 usd
CY2022Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
4717000 usd
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
5463000 usd
CY2022Q2 us-gaap Convertible Debt
ConvertibleDebt
289033000 usd
CY2021Q4 us-gaap Convertible Debt
ConvertibleDebt
288287000 usd
CY2022Q2 us-gaap Debt Instrument Periodic Payment Interest
DebtInstrumentPeriodicPaymentInterest
1203000 usd
CY2021Q2 us-gaap Debt Instrument Periodic Payment Interest
DebtInstrumentPeriodicPaymentInterest
1203000 usd
us-gaap Debt Instrument Periodic Payment Interest
DebtInstrumentPeriodicPaymentInterest
2406000 usd
us-gaap Debt Instrument Periodic Payment Interest
DebtInstrumentPeriodicPaymentInterest
2406000 usd
CY2022Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
373000 usd
CY2021Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
373000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
746000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
746000 usd
CY2022Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
1576000 usd
CY2021Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
1576000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
3152000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
3152000 usd

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