WK — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-05

• We have achieved significant revenue growth in recent periods. Our revenue grew to $247.3 million during the three months ended March 31, 2026 from $206.3 million during the three months ended March 31, 2025. We generated net income of $19.0 million during the three months ended March 31, 2026 compa…

• We continue to invest for future growth and are focused on several key drivers, including our connected AI-powered platform, fit-for-purpose solutions, global expansion, and our partner ecosystem. These growth drivers often require a more sophisticated go-to-market approach and, as a result, we may …

• Sales of our sustainability management solutions have been, and may continue to be, materially impacted by domestic and global policy uncertainties. Shifts in regulatory priorities, market sentiment, and legal challenges to sustainability-related rules and regulations are affecting our market expans…

• Percentage increase in subscription and support revenue21.5 %19.7 %

• Subscription and support as a percent of total revenue91.1 %89.9 %

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• We have achieved significant revenue growth in recent periods. Our revenue grew to $224.2 million and $645.6 million during the three and nine months ended September 30, 2025 from $185.6 million and $538.8 million during the three and nine months ended September 30, 2024. We generated net income of …

• ended September 30, 2025, respectively compared to net losses of $17.0 million and $46.2 million during the three and nine months ended September 30, 2024.

• We continue to invest for future growth and are focused on several key drivers, including focusing on multi-solution adoption by new and existing customers, further developing our partner program, accelerating international expansion and our fit-for-purpose solutions. These growth drivers often requ…

• Sales of our sustainability management solutions have been, and may continue to be, materially impacted by domestic and global policy uncertainties. Shifts in regulatory priorities, market sentiment and legal challenges to sustainability-related rules and regulations are affecting our market expansi…

• In the U.S., volatility in the public markets has led to a decrease in the number of initial public offerings (“IPOs”) and special-purpose acquisition companies (“SPACs”) since fiscal 2022. New sales of our SEC and capital markets solutions were adversely affected by this decline in the IPO and SPAC…

Text added vs the prior filing · source: 10-Q · 2026-05-05

• During the three months ended March 31, 2026, no director or officer of the Company adopted, modified or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• As previously disclosed in its quarterly report on Form 10-Q for the period ended June 30, 2025, the Company announced that Jill E. Klindt, Executive Vice President, Chief Financial Officer ("CFO") and Treasurer of the Company will be stepping down in 2025 following a transition period.

• In connection with her departure and in order to facilitate an orderly transition, the Company and Ms. Klindt entered into a Severance and Transition Services Agreement (the "Agreement") on October 30, 2025. The Agreement will be effective as of November 7, 2025 (the "Effective Date"), following the…

• The Agreement further provides that the Company will pay Ms. Klindt a lump-sum cash severance payment of $1,928,321.53 within 10 business days after the Termination Date, in accordance with the amount payable in connection with a termination without cause under Ms. Klindt's employment agreement. Add…

• The Company appreciates Ms. Klindt's service and commitment and wishes her well.

• On November 5, 2025 the Company announced that Michael Hawkins, Executive Vice President, Chief Sales Officer ("CSO") of the Company, will be stepping down, effective November 5, 2025.