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  "documentTitle": "Legion One Span Presentation May 2021",
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  "presentationDate": "2021-05-01 00:00:00",
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  "notes": "Includes a quote from the CEO regarding future cost reduction opportunities.",
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      "kind": "chart",
      "text": "Non-GAAP G&A as % of Revenue",
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      "text": "Note: Assumes OSPN FY2020 G&A less $6.0m of long-term incentive compensation; cybersecurity peers with <$1bn revenue shown; LTM reported figures as of 12/31/20-1/31/21. Source: SEC Filings, OSPN Q1 2021 Earnings Call Transcript (5/4/21), Legion Partners' Estimates",
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      "text": "OSPN's G&A expenses appear very high relative to Cybersecurity Peers, and we believe poorly integrated acquisitions and Hardware are causing an overly complicated corporate structure.",
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      "text": "In the coming months, we will be identifying opportunities for structural cost reductions that we expect to improve profitability in the 2022-to-2023 timeframe...",
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      "kind": "title",
      "text": "G&A Appears Bloated – A Legacy of Poor Oversight?",
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