2024 Q1 Form 10-K Financial Statement

#000161417824000023 Filed on March 13, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2024
Revenue $101.1M $404.3M
YoY Change -0.78% 0.87%
Cost Of Revenue $21.66M $87.47M
YoY Change -18.23% -15.86%
Gross Profit $79.45M $316.9M
YoY Change 5.35% 6.72%
Gross Profit Margin 78.58% 78.37%
Selling, General & Admin $60.30M $251.0M
YoY Change -8.57% -13.69%
% of Gross Profit 75.9% 79.22%
Research & Development $18.11M $72.04M
YoY Change 5.68% 1.6%
% of Gross Profit 22.79% 22.74%
Depreciation & Amortization $3.180M $15.80M
YoY Change -29.1% -10.23%
% of Gross Profit 4.0% 4.99%
Operating Expenses $78.41M $323.1M
YoY Change -5.63% -10.69%
Operating Profit $1.043M -$6.201M
YoY Change -113.59% -90.43%
Interest Expense $1.662M $6.624M
YoY Change 112.8% 504.93%
% of Operating Profit 159.35%
Other Income/Expense, Net -$74.00K -$761.0K
YoY Change -68.64% 508.8%
Pretax Income $2.631M -$338.0K
YoY Change -136.91% -99.47%
Income Tax $944.0K $2.292M
% Of Pretax Income 35.88%
Net Earnings $1.687M -$2.630M
YoY Change -121.63% -96.01%
Net Earnings / Revenue 1.67% -0.65%
Basic Earnings Per Share -$0.02
Diluted Earnings Per Share $0.01 -$0.02
COMMON SHARES
Basic Shares Outstanding 124.9M shares 124.1M shares
Diluted Shares Outstanding 124.1M shares

Balance Sheet

Concept 2024 Q1 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $210.2M $210.2M
YoY Change 10.5% 10.5%
Cash & Equivalents $210.2M $210.2M
Short-Term Investments
Other Short-Term Assets $14.85M $14.85M
YoY Change -4.99% -4.99%
Inventory
Prepaid Expenses
Receivables $108.2M $134.9M
Other Receivables $0.00 $0.00
Total Short-Term Assets $359.9M $359.9M
YoY Change 3.84% 3.84%
LONG-TERM ASSETS
Property, Plant & Equipment $48.54M $124.5M
YoY Change -21.8% -15.59%
Goodwill $4.500M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.012M $3.012M
YoY Change -23.3% -23.3%
Total Long-Term Assets $148.9M $148.9M
YoY Change -15.96% -15.96%
TOTAL ASSETS
Total Short-Term Assets $359.9M $359.9M
Total Long-Term Assets $148.9M $148.9M
Total Assets $508.8M $508.8M
YoY Change -2.85% -2.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.430M $38.77M
YoY Change 2.29% -20.91%
Accrued Expenses $16.80M $16.80M
YoY Change -7.47% -7.47%
Deferred Revenue $212.2M
YoY Change -5.14%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $267.8M $267.8M
YoY Change -7.94% -7.94%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $4.300M $93.86M
YoY Change -0.6% -10.49%
Total Long-Term Liabilities $4.300M $93.86M
YoY Change -0.6% -10.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $267.8M $267.8M
Total Long-Term Liabilities $4.300M $93.86M
Total Liabilities $361.6M $361.6M
YoY Change -8.62% -8.62%
SHAREHOLDERS EQUITY
Retained Earnings -$679.2M
YoY Change 0.39%
Common Stock $148.0K
YoY Change 4.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $147.2M $147.2M
YoY Change
Total Liabilities & Shareholders Equity $508.8M $508.8M
YoY Change -2.85% -2.85%

Cashflow Statement

Concept 2024 Q1 2024
OPERATING ACTIVITIES
Net Income $1.687M -$2.630M
YoY Change -121.63% -96.01%
Depreciation, Depletion And Amortization $3.180M $15.80M
YoY Change -29.1% -10.23%
Cash From Operating Activities $28.02M $46.16M
YoY Change -22.05% 158.54%
INVESTING ACTIVITIES
Capital Expenditures $408.0K $2.728M
YoY Change -48.55% -55.95%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$408.0K -$2.728M
YoY Change -48.55% -55.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $23.09M
YoY Change -70.12%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -372.0K -$23.25M
YoY Change -96.52% -70.57%
NET CHANGE
Cash From Operating Activities 28.02M $46.16M
Cash From Investing Activities -408.0K -$2.728M
Cash From Financing Activities -372.0K -$23.25M
Net Change In Cash 27.24M $19.97M
YoY Change 11.42% -128.13%
FREE CASH FLOW
Cash From Operating Activities $28.02M $46.16M
Capital Expenditures $408.0K $2.728M
Free Cash Flow $27.61M $43.43M
YoY Change -21.45% 272.46%

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OperatingLeaseRightOfUseAssetAmortizationExpense
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OtherOperatingActivitiesCashFlowStatement
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OtherOperatingActivitiesCashFlowStatement
1195000 usd
CY2022 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
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IncreaseDecreaseInAccountsReceivable
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CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
10056000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6106000 usd
CY2024 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2303000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2024 yext Increase Decrease In Deferred Sales Commissions
IncreaseDecreaseInDeferredSalesCommissions
-8818000 usd
CY2023 yext Increase Decrease In Deferred Sales Commissions
IncreaseDecreaseInDeferredSalesCommissions
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CY2022 yext Increase Decrease In Deferred Sales Commissions
IncreaseDecreaseInDeferredSalesCommissions
9113000 usd
CY2024 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-896000 usd
CY2023 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-1140000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
231000 usd
CY2024 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-10176000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2714000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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CY2024 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
3538000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
33262000 usd
CY2024 us-gaap Increase Decrease In Operating Lease Liability
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-11687000 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-10986000 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-6644000 usd
CY2024 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-83000 usd
CY2023 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
873000 usd
CY2022 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-1198000 usd
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NetCashProvidedByUsedInOperatingActivities
46157000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
17853000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
21849000 usd
CY2024 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2728000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6193000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13418000 usd
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NetCashProvidedByUsedInInvestingActivities
-2728000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6193000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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CY2024 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
9405000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
714000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
19228000 usd
CY2024 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
23086000 usd
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PaymentsForRepurchaseOfCommonStock
77250000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2024 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
13015000 usd
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PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5129000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
CY2024 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
452000 usd
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509000 usd
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PaymentsOfFinancingCosts
263000 usd
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3894000 usd
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ProceedsFromStockPlans
3153000 usd
CY2022 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
5652000 usd
CY2024 us-gaap Net Cash Provided By Used In Financing Activities
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-23254000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
24617000 usd
CY2024 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-205000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-3635000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-2249000 usd
CY2024 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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19970000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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-70996000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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30799000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
190214000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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210184000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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190214000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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261210000 usd
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InterestPaidNet
0 usd
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InterestPaidNet
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CY2022 us-gaap Interest Paid Net
InterestPaidNet
75000 usd
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2716000 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
1046000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
1325000 usd
CY2024Q1 yext Number Of Service And Application Providers
NumberOfServiceAndApplicationProviders
200 provider
CY2024 us-gaap Use Of Estimates
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<div style="margin-bottom:5pt;margin-top:5pt;padding-left:9pt;text-indent:-6.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:5pt;margin-top:5pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated 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 as of the date of those financial statements and the reported amounts of revenue and expense during the reporting period. These estimates include, but are not limited to, the standalone selling prices of performance obligations, the incremental borrowing rate associated with lease liabilities, the useful life of capitalized costs to obtain revenue contracts, income taxes, and the valuation and assumptions underlying stock-based compensation. Management bases its estimates on historical experience and on various other market-specific and relevant assumptions that it believes to be reasonable under the circumstances. Actual results could differ from those estimates and such differences could be material to the financial position and results of operations.</span></div>
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1 operating_segment
CY2024 us-gaap Number Of Operating Segments
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P3Y
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P1Y
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CY2023Q1 us-gaap Capitalized Contract Cost Gross
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29400000 usd
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CapitalizedContractCostAmortization
38600000 usd
CY2022 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
39500000 usd
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43400000 usd
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CapitalizedContractCostNet
52100000 usd
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0 usd
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CapitalizedContractCostImpairmentLoss
0 usd
CY2022 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 usd
CY2024 us-gaap Advertising Expense
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3900000 usd
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AdvertisingExpense
3500000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
8400000 usd
CY2024Q1 us-gaap Capitalized Computer Software Net
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2100000 usd
CY2023Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
3900000 usd
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CapitalizedComputerSoftwareAmortization1
3200000 usd
CY2023 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
4900000 usd
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CapitalizedComputerSoftwareAmortization1
3700000 usd
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CapitalizedComputerSoftwareAdditions
500000 usd
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CapitalizedComputerSoftwareAdditions
1300000 usd
CY2024 us-gaap Hosting Arrangement Service Contract Implementation Cost Expense Amortization
HostingArrangementServiceContractImplementationCostExpenseAmortization
1000000 usd
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HostingArrangementServiceContractImplementationCostExpenseAmortization
2500000 usd
CY2022 us-gaap Hosting Arrangement Service Contract Implementation Cost Expense Amortization
HostingArrangementServiceContractImplementationCostExpenseAmortization
2100000 usd
CY2024Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
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ContractWithCustomerLiabilityNoncurrent
100000 usd
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223700000 usd
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200000 usd
CY2023Q1 us-gaap Deposit Liability Current
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300000 usd
CY2024Q1 us-gaap Revenue Remaining Performance Obligation
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465100000 usd
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2042000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
367000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1541000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
868000 usd
CY2024 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
888000 usd
CY2024 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
743000 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1013000 usd
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RevenueFromContractWithCustomerExcludingAssessedTax
404322000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
400850000 usd
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RevenueFromContractWithCustomerExcludingAssessedTax
390577000 usd
CY2024 yext Number Of Performance Obligations
NumberOfPerformanceObligations
2 performance_obligation
CY2024Q1 us-gaap Contract With Customer Liability Current
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212200000 usd
CY2023Q1 us-gaap Contract With Customer Liability Current
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223700000 usd
CY2024 us-gaap Number Of Operating Segments
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1 operating_segment
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200000 usd
CY2022Q1 us-gaap Finite Lived Intangible Assets Net
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200000 usd
CY2024Q1 us-gaap Accrued Professional Fees Current
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2307000 usd
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403700000 usd
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P24M
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
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146608000 usd
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0 usd
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7000 usd
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146601000 usd
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108537000 usd
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0 usd
CY2023Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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9000 usd
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108528000 usd
CY2024Q1 us-gaap Goodwill
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4500000 usd
CY2023Q1 us-gaap Goodwill
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4500000 usd
CY2024 us-gaap Number Of Operating Segments
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1 operating_segment
CY2024 us-gaap Number Of Reporting Units
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1 reportingunit
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3220000 usd
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113650000 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
115282000 usd
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
65108000 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
53211000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
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48542000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
62071000 usd
CY2024 us-gaap Depreciation
Depreciation
15800000 usd
CY2023 us-gaap Depreciation
Depreciation
17600000 usd
CY2022 us-gaap Depreciation
Depreciation
16200000 usd
CY2024Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
7430000 usd
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
7264000 usd
CY2024Q1 us-gaap Employee Related Liabilities Current
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15961000 usd
CY2023Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
23621000 usd
CY2024Q1 yext Accrued Publisher Network Fees Current
AccruedPublisherNetworkFeesCurrent
1839000 usd
CY2023Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
2328000 usd
CY2024Q1 yext Employee Stock Purchase Plan Withholdings Liability Current
EmployeeStockPurchasePlanWithholdingsLiabilityCurrent
1958000 usd
CY2023Q1 yext Employee Stock Purchase Plan Withholdings Liability Current
EmployeeStockPurchasePlanWithholdingsLiabilityCurrent
1736000 usd
CY2024Q1 us-gaap Other Liabilities Current
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9271000 usd
CY2023Q1 us-gaap Other Liabilities Current
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10848000 usd
CY2024Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
38766000 usd
CY2023Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
49017000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4593704 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.45
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y1M2D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
5020000 usd
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0 shares
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2024 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1704296 shares
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
5.50
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
867914 shares
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
8.75
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2021494 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.26
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y2M12D
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
989000 usd
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
2021494 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
6.26
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P2Y2M12D
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
989000 usd
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2021494 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
6.26
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y2M12D
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
989000 usd
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
6300000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
900000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
13500000 usd
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2024 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
44961000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
63078000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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ContractualObligationDueInFifthYear
16000 usd
CY2024Q1 yext Lessee Operating Lease Liability To Be Paid Including Off Balance Sheet Year Five And Thereafter
LesseeOperatingLeaseLiabilityToBePaidIncludingOffBalanceSheetYearFiveAndThereafter
36480000 usd
CY2024Q1 yext Contractual Obligation Due In Fifth Year And Thereafter
ContractualObligationDueInFifthYearAndThereafter
93000 usd
CY2024Q1 yext Lessee Operating Lease Liability To Be Paid Including Off Balance Sheet
LesseeOperatingLeaseLiabilityToBePaidIncludingOffBalanceSheet
131480000 usd
CY2024Q1 us-gaap Contractual Obligation
ContractualObligation
67079000 usd
CY2024 us-gaap Net Income Loss
NetIncomeLoss
-2630000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-65938000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-93259000 usd
CY2024 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
124056949 shares
CY2024 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
124056949 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
125250723 shares
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
125250723 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
127814447 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
127814447 shares
CY2024 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2024 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.53
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.53
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.73
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.73
CY2024 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
15854771 shares
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
18675711 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
17095994 shares
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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