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      "text": "Announced definitive agreement to sell SumTotal. Transaction is expected to close in 2HFY23. Skillsoft Content segment had 31% new business growth, 13% increase in new logos, and 16% increase in average deal size. Closed Codecademy transaction and started the integration. Working with 50 enterprise customers who have expressed interest in Codecademy offering, including some of the world's largest banks, healthcare companies, and professional services firms.",
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      "text": "(1) Adjusted Revenue and Adjusted EBITDA is a non-GAAP financial measure. See Appendix for reconciliation to GAAP. (2) Proforma adjustment adds Codecademy for approximately one month for AprilFY2022.",
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