10-Q Filing

TENABLE HOLDINGS, INC. CIK: 1660280 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001660280-22-000069`
Period End Date	20220331
Filing Date	20220505
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	tenb-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 34 Cash Flow Statement 58 Stockholders Equity 25 Comprehensive Income 8

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$524.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$423.00K	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$278.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$287.45M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	110.29M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$238.65M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$234.29M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	108.93M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	110.29M	shares	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $423 and $524 at March 31, 2022 and December 31, 2021, respectively)	`AccountsReceivableNetCurrent`	$96.38M	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $423 and $524 at March 31, 2022 and December 31, 2021, respectively)	`AccountsReceivableNetCurrent`	$136.60M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	108.93M	shares	Point-in-time
Deferred commissions	`CapitalizedContractCostNetCurrent`	$40.31M	USD	Point-in-time
Deferred commissions	`CapitalizedContractCostNetCurrent`	$40.34M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$59.41M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$60.23M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$722.23M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$749.44M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$36.83M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$39.60M	USD	Point-in-time
Deferred commissions (net of current portion)	`CapitalizedContractCostNetNoncurrent`	$59.64M	USD	Point-in-time
Deferred commissions (net of current portion)	`CapitalizedContractCostNetNoncurrent`	$58.93M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$37.52M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$38.53M	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$73.22M	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$71.54M	USD	Point-in-time
Goodwill	`Goodwill`	$280.57M	USD	Point-in-time
Goodwill	`Goodwill`	$261.61M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$25.80M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$31.23M	USD	Point-in-time
Total assets	`Assets`	$1.24B	USD	Point-in-time
Total assets	`Assets`	$1.25B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$17.06M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$16.25M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$54.05M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$35.24M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$404.79M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$407.50M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$2.32M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$3.56M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$3.16M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$3.76M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$483.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$463.81M	USD	Point-in-time
Deferred revenue (net of current portion)	`ContractWithCustomerLiabilityNoncurrent`	$122.72M	USD	Point-in-time
Deferred revenue (net of current portion)	`ContractWithCustomerLiabilityNoncurrent`	$123.39M	USD	Point-in-time
Term loan, net of issuance costs (net of current portion)	`SecuredLongTermDebt`	$364.73M	USD	Point-in-time
Term loan, net of issuance costs (net of current portion)	`SecuredLongTermDebt`	$364.06M	USD	Point-in-time
Operating lease liabilities (net of current portion)	`OperatingLeaseLiabilityNoncurrent`	$55.05M	USD	Point-in-time
Operating lease liabilities (net of current portion)	`OperatingLeaseLiabilityNoncurrent`	$53.69M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$6.63M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$6.46M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.03B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.01B	USD	Point-in-time
Common stock (par value: $0.01; 500,000 shares authorized; 110,287 and 108,929 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively)	`CommonStockValue`	$1.09M	USD	Point-in-time
Common stock (par value: $0.01; 500,000 shares authorized; 110,287 and 108,929 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively)	`CommonStockValue`	$1.10M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$906.26M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$869.06M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.36M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-306.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-654.53M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-679.03M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$226.97M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$171.94M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$215.31M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$150.66M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.25B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.24B	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$123.19M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$159.37M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$22.07M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$34.93M	USD	1 Quarter
Gross profit	`GrossProfit`	$101.12M	USD	1 Quarter
Gross profit	`GrossProfit`	$124.44M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$58.63M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$81.57M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$34.29M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$26.84M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$26.13M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$21.45M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$141.99M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$106.92M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-5.80M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-17.55M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-3.33M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-28.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-66.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-944.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossAttributableToParent`	$-21.82M	USD	1 Quarter
Loss before income taxes	`IncomeLossAttributableToParent`	$-5.90M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.69M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.85M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.51M	USD	1 Quarter
Net loss per share, basic (in usd per share)	`EarningsPerShareBasic`	$-0.07	USD	1 Quarter
Net loss per share, basic (in usd per share)	`EarningsPerShareBasic`	$-0.22	USD	1 Quarter
Net loss per share, diluted (in usd per share)	`EarningsPerShareDiluted`	$-0.22	USD	1 Quarter
Net loss per share, diluted (in usd per share)	`EarningsPerShareDiluted`	$-0.07	USD	1 Quarter
Weighted-average shares used to compute net loss per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	109.52M	shares	1 Quarter
Weighted-average shares used to compute net loss per share, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	104.53M	shares	1 Quarter
Weighted-average shares used to compute net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	104.53M	shares	1 Quarter
Weighted-average shares used to compute net loss per share, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.52M	shares	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-7.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.51M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.90M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.82M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$25.40M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$16.95M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-1.32M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-313.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-40.34M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-32.45M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-5.43M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-8.46M	USD	1 Quarter
Accounts payable, accrued expenses and accrued compensation	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-18.75M	USD	1 Quarter
Accounts payable, accrued expenses and accrued compensation	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-6.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-5.65M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-3.54M	USD	1 Quarter
Other current and noncurrent liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$61.00K	USD	1 Quarter
Other current and noncurrent liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-765.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$38.62M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$32.86M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.81M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.06M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireInvestments`	$60.85M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireInvestments`	$29.36M	USD	1 Quarter
Sales and maturities of short-term investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$55.13M	USD	1 Quarter
Sales and maturities of short-term investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$31.00M	USD	1 Quarter
Business combination, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$22.96M	USD	1 Quarter
Business combination, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-33.49M	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$578.00K	USD	1 Quarter
Payments on term loan	`RepaymentsOfLongTermDebt`	$938.00K	USD	1 Quarter
Payments on term loan	`RepaymentsOfLongTermDebt`	-	USD	1 Quarter
Proceeds from stock issued in connection with the employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$8.05M	USD	1 Quarter
Proceeds from stock issued in connection with the employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$8.88M	USD	1 Quarter
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.59M	USD	1 Quarter
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$4.01M	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.00K	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$10.53M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$12.06M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-449.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.07M	USD	1 Quarter
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$9.46M	USD	1 Quarter
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$50.19M	USD	1 Quarter
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$278.27M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$228.66M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$287.73M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$178.46M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$278.27M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$228.66M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$287.73M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$178.46M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$4.05M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$71.00K	USD	1 Quarter
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$3.47M	USD	1 Quarter
Cash paid for income taxes, net of refunds	`IncomeTaxesPaidNet`	$4.32M	USD	1 Quarter
Cash payments for operating leases	`OperatingLeasePayments`	$750.00K	USD	1 Quarter
Cash payments for operating leases	`OperatingLeasePayments`	$1.52M	USD	1 Quarter

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	110.29M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesOutstanding`	108.93M	shares	Point-in-time
Beginning Balance	`StockholdersEquity`	$226.97M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$171.94M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$215.31M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$150.66M	USD	Point-in-time
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	293,000.00	shares	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.59M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$4.01M	USD	1 Quarter
Vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockUnit`	-	USD	1 Quarter
Vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockUnit`	-	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$8.05M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$8.88M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.96M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.75M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.06M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.51M	USD	1 Quarter
Ending Balance (in shares)	`CommonStockSharesOutstanding`	110.29M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	108.93M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$226.97M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$171.94M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$215.31M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$150.66M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-7.75M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.51M	USD	1 Quarter
Unrealized losses on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-2.00K	USD	1 Quarter
Unrealized losses on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.06M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.06M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-7.75M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-25.56M	USD	1 Quarter

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