Company: MSTR
Filing Date: 2025-01-03
Form Type: DEF 14A
Source: 0001140361-25-000231
Chunk: 213

Company: Strategy Inc
Filing Date: 2025-01-03
Form: DEF 14A
Chunk 213
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 have been prepared in accordance with GAAP. The preparation of our Consolidated Financial Statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, and equity, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results and outcomes could differ from these estimates and assumptions. Critical accounting estimates involve a significant level of estimation uncertainty and are estimates that have had or are reasonably likely to have a material impact on our financial condition or results of operations. We consider certain estimates and judgments related to revenue recognition to be critical accounting estimates for us, as discussed under “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations-Critical Accounting Estimates” included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023. There have been no significant changes in such estimates and judgments since December 31, 2023.

F-35

TABLE OF CONTENTS

Results of Operations Comparison of the three and nine months ended September 30, 2024 and 2023 Revenues Except as otherwise indicated herein, the term “domestic” refers to operations in the United States and Canada and the term “international” refers to operations outside of the United States and Canada. Product licenses and subscription services revenues. The following table sets forth product licenses and subscription services revenues (in thousands) and related percentage changes for the periods indicated:

|                                                           |     | Three Months Ended 
      September 30, |     |         |     |      % 
 Change |     | Nine Months Ended 
     September 30, |     |          |     | %      
 Change |
|                                                           |     |               2024 |     |    2023 |     |   2024 |     |              2023 |     |          |     |        |
| Product Licenses and Subscription Services Revenues:      |     |                    |     |         |     |        |     |                   |     |          |     |        |
| Product Licenses                                          |     |                    |     |         |     |        |     |                   |     |          |     |        |
| Domestic                                                  |     |             $3,109 |     | $10,338 |     | -69.9% |     |           $12,920 |     |  $29,404 |     | -56.1% |
| International                                             |     |              7