Total Revenue

1% increase (from $160.40M to $162.06M) " "

Steady subscription revenue growth continues to drive revenue, though the increase is modest compared to the previous period. The minor uptick indicates that while customer renewals and new contracts remain strong, the growth momentum observed in prior periods has slowed somewhat. " "

Operating Expenses

36% increase (from $29.78M to $40.50M) " "

A significant jump in General & Administrative costs was observed, driven by $10.0M in acquisition-related professional and legal expenses as well as increased personnel and overhead costs (including higher stock-based compensation). This contrasts with the previous period’s lower expense base, intensifying losses. " "

Net Loss

108% increase (from $17.06M to $35.64M) " "

Net loss more than doubled as the relatively modest revenue increase was outweighed by the sharp rise in operating expenses. The cost pressures—particularly from acquisition-related and compensatory charges—eroded profitability compared to the previous period. " "

Weighted-Average Shares

Increase from 475 to 104,572 shares " "

Substantial dilution occurred due to the issuance of additional shares, likely from stock-based compensation and equity financings tied to acquisitions. This dramatic change in share count compared to the previous period highlights aggressive equity-based funding or compensation measures. " "

Operating Cash Flow

Positive at $24.14M in Q1 2026 "

Despite increased losses, robust operating cash flow signals strong operational efficiency in collections and deferred revenue recognition. This positive cash generation contrasts with the rising non-cash expenses and dilution effects seen in earnings metrics. "