{ "docId": "019de516-5a9d-75cf-ac87-7b25f5f67af1", "docSlug": "ea33a23cd5b87fb7d2dacbc171bb3714", "documentTitle": "DigitalOcean | Results Presentation Deck | 24 slides", "authorId": "digitalocean", "authorName": "DigitalOcean", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-08-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 21, "pageCount": 24, "prevPage": 20, "nextPage": 22, "slideType": "other", "function": "analyze_data", "density": "overcrowded", "nDataPoints": 52, "notes": null, "elementsJson": null, "metadataConfidence": 0.9, "imagePath": null, "slideHref": "/slides/019de516-5a9d-75cf-ac87-7b25f5f67af1/21", "deckHref": "/decks/019de516-5a9d-75cf-ac87-7b25f5f67af1", "deckJsonHref": "/decks/019de516-5a9d-75cf-ac87-7b25f5f67af1.json", "deckAnchorHref": "/decks/019de516-5a9d-75cf-ac87-7b25f5f67af1#slide-21", "components": [ { "bbox": { "h": 0.33, "w": 0.219, "x": 0.749, "y": 0.259 }, "kind": "source-note", "text": "(2) Previously, we calculated the income tax effects of non-GAAP adjustments based on the applicable statutory tax rate for the relevant jurisdiction, except for those items which were non-taxable or subject to valuation allowances for which the tax expense (benefit) was calculated at 0%. Prior to fiscal year 2023, U.S income tax effects of non-GAAP adjustments were subject to a valuation allowance and, therefore, were taxed at 0%. Beginning January 1, 2023, the Company projects to be a U.S. taxpayer and will use a long term fixed forecasted rate of 17% on non-GAAP pre-tax income for 2023.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "0e8331f9-5148-47c9-8f00-db3f674a998e", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.015, "w": 0.12, "x": 0.847, "y": 0.93 }, "kind": "source-note", "text": "digitalocean.com", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "39412b50-bc30-4f69-9812-90ff1da919d5", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.11, "w": 0.219, "x": 0.749, "y": 0.709 }, "kind": "source-note", "text": "(4) Consists of the potentially dilutive effects of our stock options, RSUS, PRSUs, and Convertible Notes. In periods with a GAAP net loss position, these are excluded from GAAP weighted-average shares.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e08776f8-ede6-4498-82f4-db59e7e22110", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.066, "w": 0.219, "x": 0.749, "y": 0.619 }, "kind": "source-note", "text": "(3) Consists of non-cash interest expense for amortization of deferred financing fees related to the Convertible Notes.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "fa0679dd-ef80-4935-b4eb-cb5a59ecbd70", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.033, "w": 0.219, "x": 0.749, "y": 0.186 }, "kind": "source-note", "text": "(1) Primarily consists of salary continuation charges.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ffe62494-b8fc-4873-9ceb-3f6d8d69adf5", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.74, "w": 0.677, "x": 0.04, "y": 0.18 }, "kind": "table", "text": "Three Months Ended June 30, Six Months Ended June 30, (In thousands, except per share amounts) 2023 2022 2023 2022 GAAP Net income (loss) per share attributable to common stockholders, diluted $ 0.01 $ (0.07) $ (0.17) $ (0.24) Stock-based compensation 0.35 0.23 0.60 0.45 Acquisition related compensation 0.07 — 0.14 — Amortization of acquired intangible assets 0.04 0.01 0.07 0.01 Acquisition and integration related costs 0.01 — 0.03 — Impairment of long-lived assets — 0.01 0.01 0.02 Restructuring and other charges — — 0.20 — Restructuring related charges — — 0.01 — Non-cash charges related to convertible notes (3) 0.01 0.02 0.03 0.03 Income tax effects of non-GAAP adjustments (1) (0.06) — (0.22) — Non-GAAP Net income per share, diluted $ 0.44 $ 0.20 $ 0.72 $ 0.27 GAAP weighted-average shares used to compute net income (loss) per share, diluted 96,247 102,502 92,327 104,697 Weighted-average dilutive effect of potentially dilutive securities (4) 8,403 17,353 15,583 18,534 Non-GAAP weighted-average shares used to compute net income per share, diluted 104,650 119,855 107,910 123,231", "attrs": null, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "c32fd2a1-db05-46da-ae02-ea01cfd23216", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.449, "x": 0.091, "y": 0.06 }, "kind": "title", "text": "Non-GAAP Diluted Net Income per Share", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2dbd8dd6-6a56-4758-8c00-91acc5586a42", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "Table data", "slug": "table-data", "agent": null, "layer": "slide", "matchId": "341066c5-3039-4f00-ac34-f8df6ef44d38", "evidence": "table/data: Three Months Ended June 30, Six Months Ended June 30, (In thousands, except per share amounts) 2023 2022 2023 2022 GAAP Net income (loss) per share attributable to common stockholders, diluted $ 0.01 $ (0.07)", "confidence": 0.8 } ], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }