Skillsoft Corporation Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

9 Months Ended

Oct. 31, 2021

The adoption of ASU 2021-08 effective as of June 11, 2021 had the following impact on the Company’s previously reported results:


	For the period from June 11, 2021 to July 31, 2021
		As Previously Reported		Impact of Adoption of ASU 2021-08		As Adjusted
Total revenues		$	57,912	$	33,100	$	91,012
Operating loss			(49,613)		33,100		(16,513)
Loss before benefit from income taxes			(43,039)		33,100		(9,939)
Benefit from income taxes			(5,504)		7,419		1,915
Net loss			(37,535)		25,681		(11,854)
Net loss - basic and diluted		$	(0.28)	$	0.19	$	(0.09)