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FiscalNote Investor Presentation Deck

Q1 2023 Summary - Reconciliation to non-GAAP measures Adjusted Revenues The following table presents our calculation of Adjusted Revenues for the periods presented, and a reconciliation of this measure to our GAAP revenues for the same periods: Three Months Ended March 31, 28 (in thousands) Subscription revenue Deferred revenue adjustment Adjusted subscription revenue Advisory, advertising, and other revenue Adjusted revenues (in thousands) Adjusted Revenues Costs of revenue Amortization of intangible assets 2023 $ Adjusted Gross Profit Adjusted Gross Margin 2023 28,467 Adjusted Gross Profit and Adjusted Gross Profit Margin The following table presents our calculation of Adjusted Gross Profit and Adjusted Gross Profit Margin for the periods presented Three Months Ended March 31, $ 28,467 3,062 31,529 31,529 (8,937) 2,597 2022 $ 25,189 80% 2022 22,779 993 23,772 3,292 27,064 27,064 (7,170) 1,823 21,717 80% FiscalNote
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