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  "documentTitle": "Accolade | Investor Presentation Deck | 39 slides",
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  "authorName": "Accolade",
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  "presentationDate": "2024-01-01 00:00:00",
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      "text": "($ in thousands)",
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      "text": "*Please refer to page 27 for important information regarding non-GAAP financial measures",
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      "text": "Fiscal year ended February 28 (29),\n2020\n2021\n2022\n2023\nRevenue\n$ 132,507\n$ 170,358\n$ 310,021\n$ 363,142\nOperating Expenses\n107,026\n123,462\n266,727\n627,751\nLess:\nDepreciation and amortization\n(8,516)\n(8,212)\n(42,608)\n(46,377)\nStock-based compensation\n(5,684)\n(8,628)\n(69,742)\n(67,850)\nAcquisition, integration-related costs and other\n(567)\n(2,050)\n(13,219)\n(1,218)\nGoodwill Impairment\n--\n--\n--\n(299,705)\nChange in fair value of contingent consideration\n--\n--\n45,416\n--\nSeverance costs\n(6,040)\nAdjusted Operating Expenses\n$ 92,259\n$ 104,572\n$ 186,574\n$ 206,561\nAdjusted Operating Expenses as a % of Revenue\n70%\n61%\n60%\n57%",
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