Udemy Results Presentation Deck
GAAP to Non-GAAP Reconciliation
Three Months Ended March 31, 2022
Stock-based Amortization of
Compensation Intangible Assets
(in thousands, except share and per share amounts)
152,223
$
66,438
85,785
Revenue
Cost of revenue
Gross profit
Operating expenses
Sales and marketing
Research and development
General and administrative
Total operating expenses
Loss from operations
Other income (expense)
Interest income, net
Other expense, net
Total other expense, net
Net loss before taxes
Income tax provision
Net loss attributable to common
stockholders
Net loss per share attributable to
common stockholders
Basic and diluted
34
Weighted-average shares used in
computing net loss per share
attributable to common stockholders
$
$
GAAP
66,878
22,570
21,653
111,101
(25,316)
243
(244)
(1)
(25,317)
(332)
(25,649)
(0.18)
139,405,294
(840)
840
(4,137)
(3,334)
(5,031)
(12,502)
13,342
13,342
13,342
-
(724)
724
(342)
(342)
1,066
1,066
1,066
$
Non-GAAP
152,223
64,874
87,349
62,399
19,236
16,622
98,257
(10,908)
243
(244)
(1)
(10,909)
(332)
(11,241)
(0.08)
139,405,294
ûdemyView entire presentation