Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Statements of Operations

v3.23.2
Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jul. 31, 2023
Jul. 31, 2022
Jul. 31, 2023
Jul. 31, 2022
Revenues:        
Total revenues $ 141,187 $ 140,574 $ 276,741 $ 275,413
Operating expenses:        
Costs of revenues 40,467 34,998 78,291 73,008
Content and software development 17,863 19,693 34,898 36,026
Selling and marketing 40,411 41,848 86,338 81,410
General and administrative 25,085 26,367 50,381 55,711
Amortization of intangible assets 39,221 45,200 77,466 84,758
Impairment of goodwill and intangible assets 0 70,475 0 70,475
Acquisition-related costs 937 8,452 2,328 21,764
Restructuring 2,501 4,323 7,719 8,279
Total operating expenses 166,485 251,356 337,421 431,431
Operating income (loss) (25,298) (110,782) (60,680) (156,018)
Other income (expense), net (934) 80 (1,309) 1,132
Fair value adjustment of warrants 793 6,846 3,645 16,952
Fair value adjustment of hedge instruments 6,935 (15,065) 7,205 (15,065)
Interest income 871 10 1,516 170
Interest expense (16,255) (11,470) (32,191) (23,007)
Income (loss) before provision for (benefit from) income taxes (33,888) (130,381) (81,814) (175,836)
Provision for (benefit from) income taxes (1,889) (3,065) (6,273) (25,402)
Income (loss) from continuing operations (31,999) (127,316) (75,541) (150,434)
Gain (loss) on sale of business 0 0 (682) 0
Income (loss) from discontinued operations, net of tax 0 5,817 0 7,292
Net income (loss) $ (31,999) $ (121,499) $ (76,223) $ (143,142)
Net income (loss) per share:        
Ordinary – Basic and diluted - continuing operations (in dollars per share) $ (0.20) $ (0.78) $ (0.47) $ (0.98)
Ordinary – Basic and diluted - discontinued operations (in dollars per share) 0 0.04 0 0.05
Ordinary – Basic and diluted (in dollars per share) $ (0.20) $ (0.74) $ (0.47) $ (0.93)
Weighted average common shares outstanding:        
Ordinary – Basic and diluted (in shares) 160,098 164,089 160,836 153,442