| Summary of significant expense categories and consolidated net income provided to the CODM |
The significant expense categories and consolidated net income provided to the CODM for the three months ended June 30, 2026 and 2025 are as follows:
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended June 30, |
|
(In thousands) |
|
2026 |
|
|
2025 |
|
Net revenue: |
|
|
|
|
|
|
Subscription and maintenance |
|
$ |
57,742 |
|
|
$ |
48,623 |
|
Professional services |
|
|
19,593 |
|
|
|
18,098 |
|
Products |
|
|
10,342 |
|
|
|
9,954 |
|
Total net revenue |
|
|
87,677 |
|
|
|
76,675 |
|
Cost of revenue (1) |
|
|
15,113 |
|
|
|
12,503 |
|
Product development expenses (1) |
|
|
17,485 |
|
|
|
16,304 |
|
Sales and marketing expenses (1) |
|
|
11,791 |
|
|
|
11,457 |
|
Professional services expenses (1) |
|
|
11,365 |
|
|
|
10,761 |
|
Customer support expenses (1) |
|
|
4,214 |
|
|
|
3,834 |
|
General and administrative expenses (1) |
|
|
9,591 |
|
|
|
9,452 |
|
Share-based compensation |
|
|
5,988 |
|
|
|
5,029 |
|
Other segment items (2) |
|
|
3,138 |
|
|
|
2,445 |
|
Net income |
|
$ |
8,992 |
|
|
$ |
4,890 |
|
|
|
|
(1) |
|
Exclusive of share-based compensation shown separately |
(2) |
|
Other segment items include depreciation, amortization of internal-use software and intangibles, legal settlements, interest income and expense, other non-operating income and expense, income tax benefit, and other (gains) charges, net |
|
| Summary of long-lived assets by geographical area |
The following table lists long-lived assets by geographical area, which includes property and equipment, net and operating lease right-of-use assets as of June 30, 2026 and March 31, 2026:
|
|
|
|
|
|
|
|
|
(In thousands) |
|
June 30,
2026 |
|
|
March 31,
2026 |
|
United States |
|
$ |
14,896 |
|
|
$ |
15,327 |
|
India |
|
|
11,155 |
|
|
|
11,727 |
|
Rest of world (1) |
|
|
721 |
|
|
|
719 |
|
Total long-lived assets |
|
$ |
26,772 |
|
|
$ |
27,773 |
|
|
|
|
(1) |
|
No individual country other than the United States and India exceeded 10% of our total long-lived assets for any period presented |
|