Company: DOMO
Filing Date: 2025-04-04
Form Type: 10-K
Source: 0001505952-25-000045
Chunk: 120

Company: DOMO, INC.
Filing Date: 2025-04-04
Form: 10-K
Item: Item 7
Chunk 120
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14,56515,892Other expense, net710703821 Total$83,859 $64,348 $59,366 

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(2)Includes amortization of certain intangible assets of $0.1 million  $0.1 million and $0.6 million for the years ended January 31, 2023, 2024 and 2025, respectively. 

(3)Includes executive officer severance as follows:

 Year Ended January 31, 202320242025(in thousands)Sales and marketing$620 $750 $— General and administrative— 1,553 — Total executive officer severance$620 $2,303 $— 

 Year Ended January 31, 202320242025Revenue:Subscription88 %90 %90 %Professional services and other12 10 10 Total revenue100 100 100 Cost of revenue:Subscription14 14 17 Professional services and other10 10 9 Total cost of revenue24 24 26 Gross margin76 76 74 Operating expenses:Sales and marketing56 51 48 Research and development31 27 28 General and administrative18 15 17 Total operating expenses105 93 93 Loss from operations(29)(17)(19)Other expense:Loss on extinguishment of debt— — (1)Other expense, net(5)(6)(6)Total other expense(5)(6)(7)Loss before income taxes(34)(23)(26)Provision for income taxes— — — Net loss(34)%(23)%(26)%

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Discussion of the Years Ended January 31, 2024 and 2025 

Revenue Year Ended January 31, 20242025$ Change% Change (in thousands)Revenue:Subscription$285,500 $286,002 $502 — %Professional services and other33,489 31,042 (2,447)(7)Total revenue$318,989 $317,044 $(1,945)(1)Percentage of revenue:Subscription90 %90 %Professional services and other10 10 Total100 %100 %

The increase in subscription revenue, which includes both consumption-based and subscription-based agreements, was primarily due to a $16.8 million increase from new customers and a $16.3