Total Revenue

~1% increase ( " " )

Revenue increased modestly from $160,400K in Q4 2025 to $162,059K in Q1 2026, reflecting stable subscription-based performance; however, the minimal growth indicates that previous strong revenue momentum has plateaued in the current period ( " " ).

Gross Profit

Essentially flat ( " " )

Gross profit remained nearly unchanged at $111,087K versus $111,202K, as incremental revenue gains were offset by rising costs, suggesting cost pressure that neutralized the revenue increase relative to the previous period ( " " ).

Total Operating Expenses

14% increase ( " " )

Operating expenses surged from $132,646K in Q4 2025 to $151,424K in Q1 2026, driven notably by a 35.9% rise in General and Administrative expenses (from $29,784K to $40,500K) as the company invested in scaling and acquisitions, outweighing revenue growth ( " " ).

Operating Loss

More than doubled ( " " )

With operating loss increasing from $21,559K to $40,222K, the significant widening reflects that the rising operating expenses and cost pressures nearly outpaced the marginal revenue growth, underscoring ongoing challenges in controlling costs relative to previous gains ( " " ).

Net Loss

Nearly doubled ( " " )

Net loss escalated from $17,064K to $35,641K, with net loss per share increasing from $0.17 to $0.34, driven by the higher overall expenses impacting profitability despite relatively stable revenue, indicating a deterioration in efficiency compared to the prior period ( " " ).