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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands
3 Months Ended
May 31, 2024
May 31, 2023
Revenue    
Total revenue $ 151,163,000 $ 160,120,000
Cost of Revenue    
Amortization of acquired intangible assets 24,652,000 24,630,000
Total cost of revenue 78,503,000 80,702,000
Gross Profit 72,660,000 79,418,000 Close
Operating Expenses    
Research and development 24,797,000 25,866,000
Sales and marketing 20,996,000 19,558,000
General and administrative 23,343,000 22,125,000
Acquisition-related expenses 283,000 389,000
Amortization of acquired intangible assets 20,086,000 20,128,000
Goodwill impairment 0 410,041,000
Intangible asset impairment 0 4,000,000
Total operating expenses 89,505,000 502,107,000 Close
Loss from operations (16,845,000) (422,689,000) Close
Other income (expense)    
Interest and other expense, net (25,373,000) (25,726,000)
Loss from change in tax receivable agreement liability (3,974,000) (2,460,000)
Gain from change in fair value of warrant liability 3,761,000 14,680,000
(Loss) gain from change in fair value of contingent consideration (2,280,000) 9,000,000
Total other expense (27,866,000) (4,506,000) Close
Loss before income tax benefit (44,711,000) (427,195,000) Close
Income tax benefit 1,923,000 66,311,000 Close
Net loss (42,788,000) (360,884,000) Close
Less: Net loss attributable to noncontrolling interests (3,926,000) (35,489,000)
Net loss attributable to E2open Parent Holdings, Inc. - basic $ (38,862,000) $ (325,395,000)
Weighted average common shares outstanding:    
Basic 306,732 302,502
Diluted 306,732 302,502
Net loss attributable to E2open Parent Holdings, Inc. common shareholders per share:    
Basic $ (0.13) $ (1.08)
Diluted $ (0.13) $ (1.08)
Subscriptions    
Revenue    
Total revenue $ 131,404,000 $ 134,903,000
Cost of Revenue    
Cost of revenue 37,099,000 36,544,000
Professional Services and Other    
Revenue    
Total revenue 19,759,000 25,217,000
Cost of Revenue    
Cost of revenue $ 16,752,000 $ 19,528,000