8x8, Inc. is an American provider of cloud communications and customer experience software for businesses. The company offers unified communications, contact center, and communications platform as a service (CPaaS) delivered via a cloud-based architecture. 8x8 is headquartered in Campbell, California.3 Its shares trade on Nasdaq under the symbol EGHT.1Wikipedia text CC BY-SA 4.0
8x8, Inc. is an American provider of cloud communications and customer experience software for businesses. The company offers unified communications, contact center, and communications platform as a service (CPaaS) delivered via a cloud-based architecture. 8x8 is headquartered in Campbell, California. Its common stock trades on the Nasdaq under the ticker symbol EGHT, and the company is led by Samuel Wilson.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Revenue10111213146$735.8M in 2026+109% since 2019Gross profit13146$475.0M in 2026+22% since 2022Operating income10111213146$18.9M in 2026Net income10111213146$1.6M in 2026
Revenue151617$190.2M in Q1 FY2026+3% since Q2 FY2025Gross profit151617$116.4M in Q1 FY2026−2% since Q2 FY2025Operating income151617$4.4M in Q1 FY2026−18% since Q2 FY2025Net income151617-$1.2M in Q1 FY2026
Every line of the income statement as filed: the last 3 fiscal years, latest first.6
Period ending
2026-03-31
2025-03-31
2024-03-31
Revenue
$735.8M
$715.1M
$728.7M
Total cost of revenue
$260.7M
$229.8M
$224.9M
Gross profit
$475.0M
$485.3M
$503.8M
Research and development
$113.0M
$123.2M
$136.2M
Sales and marketing
$252.4M
$264.5M
$271.9M
General and administrative
$90.7M
$82.4M
$112.2M
Impairment of long-lived assets
$0
$0
$11.0M
Total operating expenses
$456.1M
$470.1M
$531.4M
Income (loss) from operations
$18.9M
$15.2M
-$27.6M
Interest expense
-$17.8M
-$28.9M
-$39.8M
Other income (expense), net
$2.4M
-$10.4M
$3.5M
Income (loss) before provision for income taxes
$3.5M
-$24.1M
-$64.0M
Provision for income taxes
$1.9M
$3.1M
$3.6M
Net income (loss)
$1.6M
-$27.2M
-$67.6M
Basic (in dollars per share)
$0.01
-$0.21
-$0.56
Diluted (in dollars per share)
$0.01
-$0.21
-$0.56
Basic (in shares)
137.7M shares
129.8M shares
121.1M shares
Diluted (in shares)
142.6M shares
129.8M shares
121.1M shares
Unrealized gain (loss) on investments in securities
$0
-$5.0K
$280.0K
Foreign currency translation adjustment
$2.9M
$2.4M
$1.1M
Comprehensive income (loss)
$4.6M
-$24.8M
-$66.2M
No quarter-by-quarter statement was filed.
Total assets1810111213146$662.8M in 2026+21% since 2019Total liabilities1810111213146$516.2M in 2026+74% since 2019Shareholders’ equity111213146$146.6M in 2026−41% since 2019Cash10111213146$93.3M in 2026−66% since 2019Long-term debt181011146$282.3M in 2026+31% since 2019
Total assets151617$672.8M in Q1 FY2026+0% since Q2 FY2025Total liabilities151617$525.0M in Q1 FY2026−2% since Q2 FY2025Shareholders’ equity151617$147.8M in Q1 FY2026+11% since Q2 FY2025Cash151617$90.6M in Q1 FY2026+19% since Q2 FY2025Long-term debt151617$270.1M in Q1 FY2026−12% since Q2 FY2025
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.6
Period ending
2026-03-31
2025-03-31
2024-03-31
2023-03-31
Cash and cash equivalents
$93.3M
$88.0M
$116.3M
Restricted cash
$1.7M
$462.0K
Accounts receivable, net
$57.0M
$49.7M
$59.0M
Deferred contract acquisition costs
$25.2M
$30.9M
Other current assets
$32.6M
$34.7M
Total current assets
$209.8M
$203.9M
Property and equipment, net
$45.8M
$47.9M
Operating lease, right-of-use assets
$26.7M
$33.5M
Intangible assets, net
$57.6M
$67.9M
Goodwill
$276.4M
$271.5M
$266.6M
Restricted cash, non-current
$0
$812.0K
Deferred contract acquisition costs, non-current
$34.6M
$44.2M
Other assets, non-current
$12.0M
$13.4M
Total assets
$662.8M
$683.2M
Accounts payable
$36.7M
$45.8M
Accrued and other liabilities
$69.9M
$63.0M
Operating lease liabilities
$10.4M
$11.1M
Deferred revenue
$36.7M
$37.8M
$34.3M
Term loan, current
$39.2M
$11.6M
Total current liabilities
$192.9M
$169.2M
Operating lease liabilities, non-current
$39.1M
$49.2M
Deferred revenue, non-current
$181.0K
$706.0K
$7.8M
Convertible senior notes, non-current
$199.8M
$198.8M
Term loan
$82.4M
$139.6M
Other liabilities, non-current
$1.8M
$3.5M
Total liabilities
$516.2M
$561.0M
Preferred stock: $0.001 par value, 5,000 shares authorized, none issued and outstanding as of March 31, 2026 and 2025
$0
$0
Common stock: $0.001 par value, $300,000 shares authorized, 141,164 shares and $134,355 shares issued and outstanding at March 31, 2026 and 2025, respectively
$141.0K
$134.0K
Additional paid-in capital
$1.0B
$1.0B
Accumulated other comprehensive loss
-$6.2M
-$9.1M
Accumulated deficit
-$886.1M
-$887.7M
Total stockholders' equity
$146.6M
$122.2M
$102.0M
$99.9M
Total liabilities and stockholders' equity
$662.8M
$683.2M
Preferred stock, par value (in dollars per share)
$0.00
$0.00
Preferred stock, shares authorized (in shares)
5.0M shares
5.0M shares
Preferred stock, shares issued (in shares)
0 shares
0 shares
Preferred stock, shares outstanding (in shares)
0 shares
0 shares
Common stock, par value per share (in dollars per share)
$0.00
$0.00
Common stock, shares authorized (in shares)
300.0M shares
300.0M shares
Common stock, shares issued (in shares)
141.2M shares
134.4M shares
Common stock, shares outstanding (in shares)
141.2M shares
134.4M shares
Period ending
2026-03-31
2025-03-31
2024-03-31
2023-03-31
Cash and cash equivalents
$93.3M
$88.0M
$116.3M
Restricted cash
$1.7M
$462.0K
Accounts receivable, net
$57.0M
$49.7M
$59.0M
Deferred contract acquisition costs
$25.2M
$30.9M
Other current assets
$32.6M
$34.7M
Total current assets
$209.8M
$203.9M
Property and equipment, net
$45.8M
$47.9M
Operating lease, right-of-use assets
$26.7M
$33.5M
Intangible assets, net
$57.6M
$67.9M
Goodwill
$276.4M
$271.5M
$266.6M
Restricted cash, non-current
$0
$812.0K
Deferred contract acquisition costs, non-current
$34.6M
$44.2M
Other assets, non-current
$12.0M
$13.4M
Total assets
$662.8M
$683.2M
Accounts payable
$36.7M
$45.8M
Accrued and other liabilities
$69.9M
$63.0M
Operating lease liabilities
$10.4M
$11.1M
Deferred revenue
$36.7M
$37.8M
$34.3M
Term loan, current
$39.2M
$11.6M
Total current liabilities
$192.9M
$169.2M
Operating lease liabilities, non-current
$39.1M
$49.2M
Deferred revenue, non-current
$181.0K
$706.0K
$7.8M
Convertible senior notes, non-current
$199.8M
$198.8M
Term loan
$82.4M
$139.6M
Other liabilities, non-current
$1.8M
$3.5M
Total liabilities
$516.2M
$561.0M
Preferred stock: $0.001 par value, 5,000 shares authorized, none issued and outstanding as of March 31, 2026 and 2025
$0
$0
Common stock: $0.001 par value, $300,000 shares authorized, 141,164 shares and $134,355 shares issued and outstanding at March 31, 2026 and 2025, respectively
$141.0K
$134.0K
Additional paid-in capital
$1.0B
$1.0B
Accumulated other comprehensive loss
-$6.2M
-$9.1M
Accumulated deficit
-$886.1M
-$887.7M
Total stockholders' equity
$146.6M
$122.2M
$102.0M
$99.9M
Total liabilities and stockholders' equity
$662.8M
$683.2M
Preferred stock, par value (in dollars per share)
$0.00
$0.00
Preferred stock, shares authorized (in shares)
5.0M shares
5.0M shares
Preferred stock, shares issued (in shares)
0 shares
0 shares
Preferred stock, shares outstanding (in shares)
0 shares
0 shares
Common stock, par value per share (in dollars per share)
$0.00
$0.00
Common stock, shares authorized (in shares)
300.0M shares
300.0M shares
Common stock, shares issued (in shares)
141.2M shares
134.4M shares
Common stock, shares outstanding (in shares)
141.2M shares
134.4M shares
Cash from operations10111213146$55.8M in 2026Capital spending10111213146$3.7M in 2026−60% since 2019Free cash flow10111213146$52.1M in 2026Share buybacks10111213146$1.8M in 2026−76% since 2019
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.6
Period ending
2026-03-31
2025-03-31
2024-03-31
Net loss
$1.6M
-$27.2M
-$67.6M
Depreciation
$6.6M
$7.4M
$8.3M
Amortization of intangible assets
$14.2M
$19.1M
$20.4M
Amortization of capitalized internal-use software costs
$11.5M
$12.7M
$18.5M
Amortization of debt discount and issuance costs
$1.4M
$2.5M
$4.5M
Amortization of deferred contract acquisition costs
$33.1M
$38.0M
$40.2M
Allowance for credit losses
-$438.0K
$1.8M
$2.2M
Operating lease expense, net of accretion
$10.9M
$11.6M
$10.9M
Impairment of right-of-use assets
$0
$0
$11.0M
Stock-based compensation expense
$20.4M
$39.9M
$61.9M
Loss on debt extinguishment
$147.0K
$12.3M
$1.8M
Gain on remeasurement of warrants
-$864.0K
-$2.2M
-$2.2M
Loss on disposal of assets
$0
$0
$179.0K
Other
-$185.0K
-$346.0K
$680.0K
Accounts receivable, net
-$5.8M
$7.8M
$753.0K
Deferred contract acquisition costs
-$17.1M
-$24.0M
-$22.9M
Other current and non-current assets
-$450.0K
-$7.6M
-$2.3M
Accounts payable and accrued liabilities
-$17.4M
-$24.8M
-$4.2M
Deferred revenue
-$1.8M
-$3.5M
-$3.2M
Net cash provided by operating activities
$55.8M
$63.6M
$79.0M
Purchases of property and equipment
-$3.7M
-$2.4M
-$2.6M
Capitalized internal-use software costs
-$12.3M
-$11.1M
-$14.3M
Purchases of investments
$0
$0
-$6.2M
Purchase of cost investment
$0
-$771.0K
$0
Maturities of investments
$0
$1.0M
$31.7M
Business combination, net of cash acquired
-$4.8M
-$3.2M
$0
Net cash provided by (used in) investing activities
-$20.7M
-$16.4M
$8.5M
Proceeds from issuance of common stock under employee stock plans
$2.8M
$3.7M
$4.9M
Repurchase of common stock
-$1.8M
$0
$0
Payments for debt issuance and amendment costs
-$70.0K
-$1.5M
$0
Repayment of principal on term loan
-$30.0M
-$273.0M
-$25.0M
Gross proceeds from term loan
$0
$200.0M
$0
Repayment and exchange of convertible notes
$0
$0
-$63.3M
Other financing activities
-$1.4M
-$4.3M
$0
Net cash used in financing activities
-$30.4M
-$75.1M
-$83.4M
Effect of exchange rate changes on cash
$1.0M
$577.0K
-$126.0K
Net increase (decrease) in cash and cash equivalents
$5.6M
-$27.4M
$4.0M
Interest paid
$17.3M
$26.3M
$35.6M
Income taxes paid
$2.4M
$3.8M
$6.0M
Payables and accruals for property and equipment
$16.0K
$132.0K
$3.9M
Issuance of common stock for business combinations
8x8 sits at the top of its group. 3 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of 8x8
Boston PartnersFiled SCHEDULE 13G/A on 8x8, latest May 14, 2026 (5 filings since Feb 14, 2025)
Morgan StanleyFiled SC 13G/A on 8x8, latest Dec 12, 2022 (2 filings since Feb 9, 2022)
8x8San Jose, California, United States
8x8 International Pte Ltd. Subsidiary · Singapore
8x8 UK Limited Subsidiary · United Kingdom
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What 8x8 reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Our principal operations are located in Campbell, California. Outside the United States, our operations are conducted primarily in leased office space located in the United Kingdom (primarily used for sales and customer support in Europe), Romania (primarily used for customer support, and research and development), Ireland (primarily used for sales and customer support), Canada (primarily used for research and development), Portugal (primarily used for research and development), Singapore (primarily used for regional sales and marketing, procurement, customer support, research and development, and CPaaS), and Philippines (primarily used research and development and customer support).
In addition, we utilize space within third-party data center hosting facilities under co-location agreements primarily across North America, Europe, and the Asia Pacific region. There is one location in South America.
The rest of Item 2
For additional information regarding our obligations under leases, see Note 6, Leases, in the Notes to Consolidated Financial Statements contained in Part II, Item 8 of this Annual Report.
The company was founded in 1987 by Chi-Shin Wang and Y. W. Sing, formerly of Weitek, as Integrated Information Technology, Inc., or IIT. The name was changed to 8x8 in 1996. According to the company, IIT began as an integrated circuit designer. The company produced math coprocessors for x86 microprocessors, as well as Graphics accelerator cards for the personal computer market during the late 1980s. The company later changed its name to 8x8, and began producing products for the videoconferencing market.
8x8 went public on the NASDAQ market in 1997. The company moved their trading to NYSE in 2017, under the ticker symbol EGHT.
In March 2000, 8x8 relaunched itself as a VoIP service provider under the name Netergy Networks. The company changed its name back to 8x8 in July 2001. 8x8 began trading on the Nasdaq SmallCap Market July 26, 2002. The company's stock was listed on the New York Stock Exchange for a time before switching back to Nasdaq in November 2022.
In 2003, the company launched a videophone service. In July 2007, after startup SunRocket was liquidated, 8x8 entered an agreement to accept 200,000 of its customers.
The 8x8 platform unifies UCaaS, CCaaS, and CPaaS capabilities, with AI embedded throughout to enhance agent productivity, customer insights, and business outcomes. It also offers a technology partner ecosystem allowing integrations with third-party products.
The platform includes:
Contact Center
Contact Center: Omnichannel routing, agent/supervisor workspaces - AI-driven agent assist and customer self-service - Workforce engagement, quality management, and analytics - SecurePay for compliant transactions - Intelligent directory and proactive outreach
Read the full text
Unified Communications
8x8's Unified Communications solution includes- 8x8 Work: Cloud telephony, messaging, and video meetings - 8x8 Conversation IQ: Conversational analytics and transcription - 8x8 FrontDesk: Receptionist console - Microsoft Teams integrations, including Operator Connect and Direct Routing - 8x8 Engage: CX beyond the contact center.
CPaaS and APIs
SMS, voice, and video APIs - Authentication and fraud prevention - AI-driven bots and orchestration tools.
Technology Partner Ecosystem (TPES)
8x8 offers integrations with Salesforce, ServiceNow, HubSpot, Google, Microsoft, and over 50 other partners.
Partner Program
In July 2026 the company announced a new partner program aimed at the Direct Reseller Partner market.
Small Business
In July 2026, the company announced 8x8 Small Business, an offering for reseller partners to offer to the sub-100 licenses market in the UK, Ireland, and Australia, with further expansion planned for the future.
AI Studio
In 2026 the company unveiled AI Studio, a tool that lets contact center teams build and deploy AI agents on their existing platforms.
AI Routing
8x8 AI Routing is an organization-wide intelligent routing engine that dynamically matches every customer to the best available resource or member of staff, regardless of where they sit, in real time.
Free Workforce Management (WFM)
In 2026 the company announced it was giving away free Workforce Management (WFM) tools to contact center customers.
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Acquisitions
Since its founding in 1987, 8x8 has made several acquisitions of other companies within the VoIP, cloud services, contact center, and video conferencing industries.
In May 1999, 8x8 acquired Odisei This was followed, in May 2000, with the acquisition of U|Force, to acquire network and server VoIP technologies.
In May 2010, 8x8 acquired Central Host, a California-based managed hosting company. In June 2011, the company announced the acquisition of Zerigo, a Colorado-based cloud services company. In September 2011, 8x8 acquired Contactual, a hosted contact center company. In 2013, it acquired United Kingdom-based Voicenet, another cloud services company.
In May 2015, 8x8 acquired privately held UK-based DXI Ltd., a cloud-based contact center solutions vendor for $26 million in cash and stock. The same month, 8x8 announced the acquisition of MarianaIQ (MIQ), to transform both employee and customer experience. The following month, the company acquired assets of the privately held Quality Software Corp. (QSC) as well as two affiliated companies.
Read the full text
In October 2018, 8x8 acquired Jitsi, an open source tool for chat and video conferencing, from Atlassian. In July 2019, it acquired Wavecell, a CPaaS (communications platform as a service) provider headquartered in Singapore. In January 2020, 8x8 acquired the Finnish startup, callstats.io, a SaaS call quality monitoring service that measures call quality in WebRTC apps.
On December 1, 2021, then-CEO Dave Sipes announced the company intended to acquire Fuze, a CCaaS (contact center as a service) mobile marketing and messaging company for enterprise. The acquisition was publicly confirmed on January 18, 2022. In January 2026, it was announced that 8x8 had acquired Singapore-based Maven Lab, expanding its reach within the APAC region.
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
492 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 55 major events, 312 insider forms, 40 large holders, 1 private raises, 64 other. The latest 20:
213 open-market trades by officers, directors and large owners since October 2021: 0 buys and 213 sales. Grants, option exercises and gifts are left out.
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
Where the company's money came from, by calendar year: private offerings filed with the SEC,
federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA.
Each bar links to the records below.
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
Jan 18, 2022Raised $121.9 million in a private offering of equity94Form D: named in the filing: David Sipes, Bryan Martin, Dejan Deklich, Samuel Wilson, Matthew ZinnForm D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
From the cover page of the 10-K filed May 22, 2026 (Section 12(b) of the Exchange Act).19
Risk factors and legal proceedings
The risks 8x8 names in Item 1A of its 10-K filed May 22, 2026: 45 risks under these headings, as written.19
Our business could also be materially and adversely affected by risks and uncertainties that are not presently known to us or that we currently believe are not material. Unless otherwise indicated, references to our business being harmed in these risk factors will include harm to our results of operations, financial condition, reputation, and future prospects.
We have a history of losses, have incurred significant negative cash flows in the past, and anticipate continuing losses in the future. As such, we may not be able to achieve or maintain profitability in the future.
Our future operating results, including revenue, expenses, losses, profits, and operating cash flow, may vary substantially from period to period and may be difficult to predict. As a result, we may fail to meet or exceed the expectations of market analysts or investors, which could negatively impact our stock price.
Failure to innovate and adapt in response to rapidly evolving technological changes in the midst of an intensely competitive market may harm our competitive position and business prospects.
Any reduction in our spending may not achieve the desired result or may result in a reduction in revenue.
Churn in our customer base adversely impacts our revenue and requires us to spend money to retain existing customers and to capture replacement customers. If we experience increases in customer churn in the future, our revenue growth will be adversely impacted and our customer retention costs will increase.
Our success hinges on our ability to acquire new customers and retain and sell additional services to our existing customers.
Intense competition for new customers and retention of existing customers (including pricing pressure) in the markets in which we compete may prevent us from increasing or sustaining our revenue growth, or achieving and maintaining profitability, which could materially harm our business.
Failure to grow and manage our network of indirect sales channels partners could materially and adversely impact our revenue in the future.
As we increase sales to enterprise customers, our sales process has become more complex and resource-intensive, our average sales cycle has become longer, and the difficulty in predicting when sales will be completed has increased.
The market for cloud software solutions is subject to rapid technological change, and we depend on new product and service introductions in order to maintain and grow our business.
We may have difficulty attracting or retaining senior management and other personnel with the industry experience and technical skills necessary to support our desired growth.
The other 33 risks
We face risks related to acquisitions now and in the future that may divert management's attention, result in dilution to stockholders, and consume resources that are necessary to sustain and grow our existing business.
Taxing authorities have asserted, and could in the future assert, that we should have collected or in the future should collect sales and use, value added, goods and services, telecommunications or other indirect taxes, fees, or surcharges, including on similar services for which our competitors may not be subject to the same obligations. As a result, we could be subject to liability with respect to past or future sales, which have and could adversely affect our business.
Changes in, or interpretations of, tax rules and regulations or our tax positions may materially and adversely affect our income taxes.
Our ability to use our net operating losses or research tax credits to offset future taxable income is subject to certain limitations.
We may incur impairments to goodwill, intangible assets, or long-lived assets which could negatively impact our operating results and financial condition.
As AI solutions perform an increasing proportion of interactions, if we cannot replace decreases in subscription revenue from licenses with revenue from increases in the use of our consumption- and usage-based services (much of which is driven by additional AI solutions), our revenue, results of operations and business will be harmed.
If our platform or services experience significant or repeated disruptions, outages, or failures due to defects, bugs, vulnerabilities, or similar software problems, or if we fail to determine the cause of any disruption or failure and correct it promptly, we could lose customers, become subject to service performance or warranty claims, or incur significant costs, reducing our revenue and adversely affecting our operating results.
Our industry is subject to rapid technological change, and we must develop and sell incremental and new features and components of our solutions to maintain and grow our business.
Our physical infrastructure is concentrated in a few facilities (i.e., data centers and public cloud providers), and any failure in our physical infrastructure or service outages could lead to significant costs and/or disruptions and could reduce our revenue, harm our business reputation and have a material adverse effect on our financial results.
We may not be able to scale our business operations efficiently or quickly enough to meet our customers' growing needs, leading to increased customer churn and damage to our reputation and brand, each of which could harm our operating results.
Because our long-term growth strategy involves continued expansion outside the United States, our business will be susceptible to risks associated with international operations.
Global geopolitical developments, such as wars, sanctions, trade disputes, or other international tensions, could adversely affect us.
If we do not or cannot maintain the compatibility of our communications and collaboration software with third-party applications and mobile platforms that our customers use in their businesses, our revenue could decline.
To provide our services, we rely on third parties for our network service and connectivity, and any disruption or deterioration in the quality of these services or the increase in the costs we incur from these third parties could adversely affect our business, results of operations, and financial condition.
We depend on third-party vendors for IP phones and certain software endpoints, and any delay or interruption in supply by these vendors would result in delayed or reduced shipments to our customers and may harm our business.
Difficulty executing local number porting requests could negatively impact our business.
Cyber intrusions, breaches of our networks or systems or those of our service and cloud storage providers, and other malicious acts could adversely impact our business.
We could be liable for breaches of security on our website, fraudulent, improper or illegal activities by our users, or the failure of third-party vendors to deliver credit card transaction processing services, which could result in claims, increase the cost of operations or otherwise harm our business and reputation.
Failure to comply with laws and contractual obligations related to data privacy and protection could have a material adverse effect on our business, financial condition and operating results.
Our products and services must comply with industry standards, FCC regulations, and state, local, country-specific, and international regulations, and changes may require us to modify existing services, increase our costs or prices we charge customers, and otherwise harm our business.
If we are found to be infringing on a third party's proprietary technology, our business could be disrupted.
Inability to protect our proprietary technology would disrupt our business.
Our inability to use software licensed from third parties, or our use of open-source software under license terms that interfere with our proprietary rights, could disrupt our business.
We have a substantial amount of indebtedness, which could have important consequences to our business.
Servicing our debt, including the paying down of principal, requires the use of cash and liquidity of our clearing, cash management and custodial financial institutions, and we may not have sufficient cash flow from our business to pay down our debt.
We may not have the ability to raise the funds necessary to settle conversions of the new notes in cash or repurchase the new notes upon a fundamental change, and our future debt may contain limitations on our ability to pay cash upon conversion or repurchase of the new notes.
The conditional conversion feature of our Notes, if triggered, may adversely affect our financial condition and operating results.
Changes in financial accounting standards or practices may cause adverse, unexpected financial reporting fluctuations and affect our reported operating results.
Future sales of our common stock or equity-linked securities in the public market could lower the market price of our common stock, and a sustained decrease in our stock price could jeopardize our Nasdaq listing.
Certain provisions in our charter documents and Delaware law could discourage takeover attempts.
Macroeconomic and geopolitical conditions could adversely affect our business, financial condition, and results of operations.
We may not be able to secure financing on favorable terms, or at all, to meet our future capital needs.
Natural disasters, war, terrorist attacks, global pandemics, or malicious conduct, among other unforeseen events, could disrupt our operations and negatively impact our services and financial results.
Legal proceedings
Information with respect to this item may be found in Note 7, Commitments and Contingencies in the Notes to Consolidated Financial Statements contained in Part II, Item 8 of this Annual Report, under “Legal Proceedings”, which is incorporated herein by reference.
