Reported revenue was $11.6 million, an increase of 73% year-over-year
GAAP gross margin was 60%; non-GAAP gross margin was 66%
GAAP earnings per share was a loss of ($0.12); non-GAAP earnings per share was a loss of ($0.07)
GAAP net loss was ($33.0) million; non-GAAP net loss was ($19.9) million
Adjusted EBITDA was ($15.4) million
The consolidated results include the operational and transactional impacts from the acquisition of SYNQ3, which closed in the first quarter; non-GAAP metrics1 exclude certain one-time transaction expenses, amortization of intangibles and fair value of contingent liabilities as described in more detail below.
Cumulative subscriptions & bookings backlog2 customer metric was $682 million and grew by approximately 80% year over year
Annual run rate of over 4 billion queries, first quarter up more than 60% year-over-year
Strong cash balance of $226 million at the end of the first quarter
