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10-Q Filing

DOMO, INC. CIK: 1505952 Q1 2023
Filing Information
Form Type 10-Q
Accession Number 0001505952-22-000019
Period End Date 20220430
Filing Date 20220608
Fiscal Year 2023
Fiscal Period Q1
XBRL Instance domo10q-20220430_htm.xml
Balance Sheet 70 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $3.79M USD Point-in-time
Allowance for doubtful accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $2.05M USD Point-in-time
Preferred stock par value (in usd per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Preferred stock par value (in usd per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $83.56M USD Point-in-time
Preferred stock authorized (shares) PreferredStockSharesAuthorized 10.00M shares Point-in-time
Preferred stock authorized (shares) PreferredStockSharesAuthorized 10.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $84.00M USD Point-in-time
Preferred stock issued (shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock issued (shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Accounts Receivable, after Allowance for Credit Loss, Current AccountsReceivableNetCurrent $46.63M USD Point-in-time
Accounts Receivable, after Allowance for Credit Loss, Current AccountsReceivableNetCurrent $64.15M USD Point-in-time
Contract acquisition costs, net CapitalizedContractCostNetCurrent $15.06M USD Point-in-time
Contract acquisition costs, net CapitalizedContractCostNetCurrent $15.42M USD Point-in-time
Preferred stock outstanding (shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock outstanding (shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $9.97M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $15.49M USD Point-in-time
Total current assets AssetsCurrent $173.10M USD Point-in-time
Total current assets AssetsCurrent $161.18M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $17.58M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $18.24M USD Point-in-time
Right-of-use assets OperatingLeaseRightOfUseAsset $16.01M USD Point-in-time
Right-of-use assets OperatingLeaseRightOfUseAsset $16.39M USD Point-in-time
Contract acquisition costs, noncurrent, net CapitalizedContractCostNetNoncurrent $23.18M USD Point-in-time
Contract acquisition costs, noncurrent, net CapitalizedContractCostNetNoncurrent $22.05M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $2.88M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $2.85M USD Point-in-time
Goodwill Goodwill $9.48M USD Point-in-time
Goodwill Goodwill $9.48M USD Point-in-time
Other assets OtherAssetsNoncurrent $2.06M USD Point-in-time
Other assets OtherAssetsNoncurrent $1.98M USD Point-in-time
Total assets Assets $231.87M USD Point-in-time
Total assets Assets $244.59M USD Point-in-time
Accounts payable AccountsPayableCurrent $12.76M USD Point-in-time
Accounts payable AccountsPayableCurrent $4.77M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $59.98M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $45.03M USD Point-in-time
Lease liabilities OperatingLeaseLiabilityCurrent $4.10M USD Point-in-time
Lease liabilities OperatingLeaseLiabilityCurrent $3.44M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $168.34M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $167.09M USD Point-in-time
Total current liabilities LiabilitiesCurrent $228.99M USD Point-in-time
Total current liabilities LiabilitiesCurrent $236.52M USD Point-in-time
Lease liabilities, noncurrent OperatingLeaseLiabilityNoncurrent $16.46M USD Point-in-time
Lease liabilities, noncurrent OperatingLeaseLiabilityNoncurrent $16.76M USD Point-in-time
Deferred revenue, noncurrent ContractWithCustomerLiabilityNoncurrent $2.42M USD Point-in-time
Deferred revenue, noncurrent ContractWithCustomerLiabilityNoncurrent $2.13M USD Point-in-time
Other liabilities, noncurrent OtherLiabilitiesNoncurrent $11.16M USD Point-in-time
Other liabilities, noncurrent OtherLiabilitiesNoncurrent $10.88M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $103.99M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $105.09M USD Point-in-time
Total liabilities Liabilities $363.83M USD Point-in-time
Total liabilities Liabilities $370.57M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Preferred Stock, Value, Issued PreferredStockValue - USD Point-in-time
Preferred Stock, Value, Issued PreferredStockValue - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.13B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.10B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-315.00K USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $388.00K USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.26B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.22B USD Point-in-time
Total stockholders' deficit StockholdersEquity $-131.95M USD Point-in-time
Total stockholders' deficit StockholdersEquity $-83.46M USD Point-in-time
Total stockholders' deficit StockholdersEquity $-125.98M USD Point-in-time
Total stockholders' deficit StockholdersEquity $-92.95M USD Point-in-time
Total liabilities and stockholders' deficit LiabilitiesAndStockholdersEquity $231.87M USD Point-in-time
Total liabilities and stockholders' deficit LiabilitiesAndStockholdersEquity $244.59M USD Point-in-time
Income Statement 32 line items
Line Item Tag Value Unit Period
Total revenue RevenueFromContractWithCustomerExcludingAssessedTax $60.06M USD 1 Quarter
Total revenue RevenueFromContractWithCustomerExcludingAssessedTax $74.46M USD 1 Quarter
Total cost of revenue CostOfGoodsAndServicesSold $15.16M USD 1 Quarter
Total cost of revenue CostOfGoodsAndServicesSold $17.66M USD 1 Quarter
Gross profit GrossProfit $44.90M USD 1 Quarter
Gross profit GrossProfit $56.80M USD 1 Quarter
Sales and marketing SellingAndMarketingExpense $33.45M USD 1 Quarter
Sales and marketing SellingAndMarketingExpense $45.59M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $23.19M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $16.19M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $10.22M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $16.66M USD 1 Quarter
Total operating expenses OperatingExpenses $59.86M USD 1 Quarter
Total operating expenses OperatingExpenses $85.44M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-28.64M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-14.95M USD 1 Quarter
Other expense, net OtherNonoperatingIncomeExpense $-3.26M USD 1 Quarter
Other expense, net OtherNonoperatingIncomeExpense $-4.07M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-32.70M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-18.22M USD 1 Quarter
(Benefit from) provision for income taxes IncomeTaxExpenseBenefit $-112.00K USD 1 Quarter
(Benefit from) provision for income taxes IncomeTaxExpenseBenefit $188.00K USD 1 Quarter
Net loss NetIncomeLoss $-32.89M USD 1 Quarter
Net loss NetIncomeLoss $-18.10M USD 1 Quarter
Net loss per share, basic (in usd per share) EarningsPerShareBasic $-0.58 USD 1 Quarter
Net loss per share, basic (in usd per share) EarningsPerShareBasic $-0.99 USD 1 Quarter
Net loss per share, diluted (in usd per share) EarningsPerShareDiluted $-0.58 USD 1 Quarter
Net loss per share, diluted (in usd per share) EarningsPerShareDiluted $-0.99 USD 1 Quarter
Weighted-average number of shares used in computing net loss per share, basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 33.30M shares 1 Quarter
Weighted-average number of shares used in computing net loss per share, basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 31.00M shares 1 Quarter
Weighted-average number of shares used in computing net loss per share, diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 33.30M shares 1 Quarter
Weighted-average number of shares used in computing net loss per share, diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 31.00M shares 1 Quarter
Cash Flow Statement 62 line items
Line Item Tag Value Unit Period
Net loss NetIncomeLoss $-32.89M USD 1 Quarter
Net loss NetIncomeLoss $-18.10M USD 1 Quarter
Depreciation and amortization Depreciation $1.61M USD 1 Quarter
Depreciation and amortization Depreciation $1.03M USD 1 Quarter
Non-cash lease expense OperatingLeaseExpense $1.20M USD 1 Quarter
Non-cash lease expense OperatingLeaseExpense $943.00K USD 1 Quarter
Amortization of contract acquisition costs CapitalizedContractCostAmortization $3.90M USD 1 Quarter
Amortization of contract acquisition costs CapitalizedContractCostAmortization $4.31M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $10.06M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $25.26M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-920.00K USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-865.00K USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $-15.27M USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $-17.52M USD 1 Quarter
Contract acquisition costs IncreaseDecreaseInDeferredCharges $3.20M USD 1 Quarter
Contract acquisition costs IncreaseDecreaseInDeferredCharges $3.61M USD 1 Quarter
Prepaid expenses and other IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $5.80M USD 1 Quarter
Prepaid expenses and other IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-2.51M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $8.09M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $3.38M USD 1 Quarter
Operating lease liabilities IncreaseDecreaseInOperatingLeaseLiabilities $-502.00K USD 1 Quarter
Operating lease liabilities IncreaseDecreaseInOperatingLeaseLiabilities $-1.08M USD 1 Quarter
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-14.19M USD 1 Quarter
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-16.08M USD 1 Quarter
Deferred revenue IncreaseDecreaseInContractWithCustomerLiability $-1.82M USD 1 Quarter
Deferred revenue IncreaseDecreaseInContractWithCustomerLiability $-1.54M USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-2.73M USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $781.00K USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.78M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.94M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.78M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.94M USD 1 Quarter
Proceeds from shares issued in connection with employee stock purchase plan ProceedsFromIssuanceOfCommonStock $1.56M USD 1 Quarter
Proceeds from shares issued in connection with employee stock purchase plan ProceedsFromIssuanceOfCommonStock $4.13M USD 1 Quarter
Shares repurchased for tax withholdings on vesting of restricted stock PaymentsRelatedToTaxWithholdingForShareBasedCompensation $6.24M USD 1 Quarter
Shares repurchased for tax withholdings on vesting of restricted stock PaymentsRelatedToTaxWithholdingForShareBasedCompensation - USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $654.00K USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $724.00K USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-1.46M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $2.29M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-5.00K USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-697.00K USD 1 Quarter
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $434.00K USD 1 Quarter
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-5.97M USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $90.79M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $83.56M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $84.83M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $84.00M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $90.79M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $83.56M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $84.83M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $84.00M USD Point-in-time
Cash paid for income taxes, net of refunds IncomeTaxesPaidNet $-44.00K USD 1 Quarter
Cash paid for income taxes, net of refunds IncomeTaxesPaidNet $251.00K USD 1 Quarter
Cash paid for interest InterestPaidNet $1.87M USD 1 Quarter
Cash paid for interest InterestPaidNet $1.93M USD 1 Quarter
Operating lease right-of-use assets obtained for lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability - USD 1 Quarter
Operating lease right-of-use assets obtained for lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $903.00K USD 1 Quarter
Property and equipment acquired through tenant improvement allowance PropertyPlantAndEquipmentAcquiredThroughTenantImprovementAllowance - USD 1 Quarter
Property and equipment acquired through tenant improvement allowance PropertyPlantAndEquipmentAcquiredThroughTenantImprovementAllowance $64.00K USD 1 Quarter
Stock-based compensation capitalized as internal-use software EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount $381.00K USD 1 Quarter
Stock-based compensation capitalized as internal-use software EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount $251.00K USD 1 Quarter
Stockholders Equity 22 line items
Line Item Tag Value Unit Period
Stockholders (deficit) equity, beginning balance StockholdersEquity $-131.95M USD Point-in-time
Stockholders (deficit) equity, beginning balance StockholdersEquity $-83.46M USD Point-in-time
Stockholders (deficit) equity, beginning balance StockholdersEquity $-125.98M USD Point-in-time
Stockholders (deficit) equity, beginning balance StockholdersEquity $-92.95M USD Point-in-time
Vesting of restricted stock units StockIssuedDuringPeriodValueRestrictedStockAwardGross - USD 1 Quarter
Vesting of restricted stock units StockIssuedDuringPeriodValueRestrictedStockAwardGross $1.00K USD 1 Quarter
Shares repurchased for tax withholdings on vesting of restricted stock AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $6.24M USD 1 Quarter
Issuance of common stock under employee stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $4.13M USD 1 Quarter
Issuance of common stock under employee stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $1.56M USD 1 Quarter
Exercise of stock options (shares) StockIssuedDuringPeriodSharesStockOptionsExercised 37,727.00 shares 1 Quarter
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $724.00K USD 1 Quarter
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $654.00K USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $10.07M USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $25.33M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-703.00K USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-4.00K USD 1 Quarter
Net loss NetIncomeLoss $-32.89M USD 1 Quarter
Net loss NetIncomeLoss $-18.10M USD 1 Quarter
Stockholders (deficit) equity, ending balance StockholdersEquity $-131.95M USD Point-in-time
Stockholders (deficit) equity, ending balance StockholdersEquity $-83.46M USD Point-in-time
Stockholders (deficit) equity, ending balance StockholdersEquity $-125.98M USD Point-in-time
Stockholders (deficit) equity, ending balance StockholdersEquity $-92.95M USD Point-in-time
Comprehensive Income 6 line items
Line Item Tag Value Unit Period
Net loss NetIncomeLoss $-32.89M USD 1 Quarter
Net loss NetIncomeLoss $-18.10M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-4.00K USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-703.00K USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-33.59M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-18.11M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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