First Quarter 2021 Financial Results
- Total Revenue of $38.8 million, up 19% year-over-year
- Total ARR1of $129.2 million as of March 31, 2021, up 33% year-over-year
- SaaS Revenue of $18.3 million, up 78% year-over-year
- GAAP Operating Loss of $5.9 million; GAAP Operating Margin of (15.3)%
- Non-GAAP Operating Loss of $2.6 million; Non-GAAP Operating Margin2 of (6.8)%
- Cash and Cash Equivalents of approximately $64.6 million as of March 31, 2021; Company remains debt-free