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Income Statement
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Mondee Holdings, Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   10-Q10-Q10-Q10-Q10-Q10-K10-Q10-Q
Revenues, net  56.849.939.545.739.11.122.9 
            Revenues, net growth  24.3%27.8%72.6%     
Operating expenses          
Sales and marketing expenses  40.137.4 32.427.4   
Personnel expenses, including stock-based compensation of $4,467, $81, $6,623, and $155, respectively  12.47.559.85.85.6 5.3 
General and administrative expenses, including non-employee stock-based compensation of $337, $0, $742, and $6, respectively  5.24.52.32.02.4 1.8 
Information technology expenses  1.40.91.21.21.3 1.0 
Provision for credit losses, net  0.0  -0.1    
Depreciation and amortization  3.83.43.02.82.8 3.3 
Restructuring expense (income), net  -0.21.52.1     
    Total operating expenses  125.9110.596.288.139.8 53.1 
    Income (loss) from operations  -5.9-4.6-56.81.7-0.7-0.3-3.4-0.2
            Operating margin  -10.3%-9.3%-143.8%3.6%-1.8% -14.8% 
   
Other income (expense)          
Interest income  0.30.30.00.10.1 0.1 
Interest expense  -8.4-8.2-7.2-6.6-6.2 -6.1 
Gain on extinguishment of PPP loan     2.0  4.3 
Changes in fair value of warrant liability  0.40.00.7  1.4 2.1
Other income, net  1.00.3-1.10.9-0.2 0.9 
    Total other expense, net  -6.7-7.6-7.5-3.5-6.31.40.12.1
    Loss before income taxes  -12.6-12.2-64.3-1.9-6.9 -4.2 
Provision for income taxes  -2.0-0.7-0.3-0.2-0.1 -0.1 
    Net loss  -14.6-12.9-64.6-2.1-7.01.1-4.32.0
Cumulative dividends allocated to preferred stockholders  -2.7       
    Net loss attributable to common stockholders, basic  -17.3  -2.1    
   
Net loss attributable per share to common stockholders          
Net loss attributable per share to common stockholders, basic  ($0.22)($0.15)($0.89)($0.03)($0.11) ($0.07) 
Net loss attributable per share to common stockholders, diluted  ($0.22)($0.15)($0.89)($0.03)($0.11) ($0.07) 
   
Basic and diluted          
Basic weighted average shares outstanding (in shares)  77.283.772.560.860.857.460.830.9
Diluted weighted average shares outstanding (in shares)  77.283.772.560.860.8 60.8 

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