Company: YEXT
Filing Date: 2025-06-09
Form Type: 10-Q
Source: 0001614178-25-000077
Chunk: 204

Company: Yext, Inc.
Filing Date: 2025-06-09
Form: 10-Q
Item: Part I, Item 1
Chunk 204
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 outstanding, diluted131,272,117125,387,162Net income (loss) Per Share:Net income (loss) per share attributable to common stockholders, basic $0.01 $(0.03)Net income (loss) per share attributable to common stockholders, diluted$0.01 $(0.03)Since the Company was in a net loss position for the three months ended April 30, 2024, net loss per share attributable to common stockholders was the same on a basic and diluted basis, as the inclusion of all potential common equivalent shares outstanding would have been anti-dilutive. Anti-dilutive common equivalent shares were as follows:As of April 30,20252024Options to purchase common stock682,667 1,925,888 Restricted stock and restricted stock units9,690,900 10,981,032 Shares estimated to be purchased under ESPP— 428,757 Performance-based restricted stock units1,390,000 3,555,000 Total anti-dilutive common equivalent shares11,763,567 16,890,677 

The Company uses the if-then converted method for calculating the potentially dilutive effects of the earnout arrangement and incentive pool entered into in connection with the acquisition of Hearsay. For the three months ended April 30, 2025 diluted net income per share excluded the effect of the earnout arrangement as it was anti-dilutive. See Note 4 "Business Combinations" for additional information related to the earnout and incentive pool. 

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15. Segment Information 

The Company operates as one operating segment for which the CODM uses consolidated net income (loss) to measure segment profit or loss. This measure of segment profit or loss is used by the CODM to allocate resources and assess performance. See Note 2 "Summary of Significant Accounting Policies" for more information about the Company's segment policy. The following table is a summary of the significant expenses and consolidated net income (loss) provided to the CODM: Three months ended April 30,(in thousands)20252024Revenue$109,483 $95,990 Less: Cost of revenue (1) 23,460 20,858 Sales and marketing (1)31,607 40,503 Research and development (1) 18,074 14,276 General and administrative (1)14,376 13,714 Other segment expenses (2)21