

These investments are speculative, involve substantial risks (including illiquidity and loss of principal), and are not FDIC or SIPC insured. “Alternative assets,” as the term is used at Public, are equity securities that have been issued pursuant to Regulation A of the Securities Act of 1933 (as amended) (“Regulation A”). Brokerage services for alternative assets available on Public are offered by Dalmore Group, LLC (“Dalmore”), member of FINRA & SIPC. Additional information can be found here.Īlternative Assets. Apex Clearing Corporation, our clearing firm, has additional insurance coverage in excess of the regular SIPC limits. Securities products offered by Open to the Public Investing are not FDIC insured. This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Open to the Public Investing is not registered. Open to Public Investing is a wholly-owned subsidiary of Public Holdings, Inc. Additional information about your broker can be found by clicking here. (“Open to the Public Investing”), a registered broker-dealer and member of FINRA & SIPC. Brokerage services for US-listed, registered securities are offered to self-directed customers by Open to the Public Investing, Inc. We intend to continue investing.© Copyright 2023 Public Holdings, Inc. Read moreĬontractual Obligations and Commitments Our. Read moreįactors Affecting Our Performance We.

Read moreįurthermore, we plan to continue. Read moreĬash flows from operating activities. Read moreĪdditional limitations of ARR include. Interest Expense Interest expense increased. Read moreĪdjusted Gross Margin We believe. Read moreĪs customers generate, store, and. Read moreĪccordingly, we recorded a gain. Read moreĬapitalized Internal-Use Software, Net We. Read moreĬonsumption-based revenue is variable and. Read moreĬash used in investing activities. Variable consideration, which contains estimates. Read moreįor additional details, see the. Read moreĬomputer Backup (subscription-based arrangements) revenue. Personnel-related costs associated with customer. Read moreīecause of these limitations, when. Read moreįor our subscription arrangements, we. Key Business Metrics We monitor the key business metrics set forth below to help us evaluate our business and growth trends, establish budgets, measure the effectiveness of our sales and marketing efforts, and assess operational efficiencies. The following table presents a reconciliation of gross profit, the most directly comparable financial measure stated in accordance with GAAP, to adjusted gross profit, for each of the periods presented: Adjusted EBITDA Our management uses adjusted EBITDA to assess our operating performance. Non-GAAP Financial Measures To supplement our financial statements, which are prepared and presented in accordance with generally accepted accounting principles in the United States, or GAAP, we provide investors with non-GAAP financial measures including adjusted gross margin and adjusted EBITDA, each as defined below. Our future capital requirements will depend on many factors, including our total revenue growth rate, the timing and the amount of cash received from customers, the expansion of sales and marketing activities, the timing and extent of spending to support development efforts, the price at which we are able to purchase or lease infrastructure equipment, the introduction of platform enhancements, and the continuing market adoption of our platform.Ĭash used in operations increased during the year ended December 31, 2022, as compared to the same period in 2021 primarily due to increased spending in support of our expanded research and development and sales and marketing spending to support business growth.

Other Inside Backblaze, Inc.'s 10-K Annual Report:
