HUCK 8-K

Huckleberry.ai, Inc. (HUCK)

8-K 2026-06-15 For: 2026-06-15

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Added on June 16, 2026

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☐			Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
☐			If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.


Exhibit No.						Description
99.1						Press Release of Domo, Inc. dated June 15, 2026
104						Cover Page Interactive Data File (embedded within the Inline XBRL document)


Domo, Inc.
Condensed Consolidated Statements of Operations
(in thousands, except per share data)
(unaudited)

	Three Months Ended
	April 30,
	2025		2026
Revenue:
Subscription	$	71,389	$	69,777
Professional services and other	8,722		9,626
Total revenue	80,111		79,403
Cost of revenue:
Subscription (1)	13,787		13,725
Professional services and other (1)	6,881		7,135
Total cost of revenue	20,668		20,860
Gross profit	59,443		58,543

Operating expenses:
Sales and marketing (1), (3)	39,661		37,583
Research and development (1)	19,961		18,648
General and administrative (1), (2)	14,167		13,277
Total operating expenses	73,789		69,508
Loss from operations	(14,346)		(10,965)

Other expense, net:

Remeasurement of warrant liability	1,158		2,083
Other expense, net (1)	(4,673)		(4,930)
Total other expense, net	(3,515)		(2,847)
Loss before income taxes	(17,861)		(13,812)
Provision for income taxes	191		358
Net loss	$	(18,052)	$	(14,170)

Net loss per share (basic and diluted)	$	(0.45)	$	(0.33)
Weighted-average number of shares used in computing net loss per share, basic and diluted	39,735		43,415

(1) Includes stock-based compensation expenses, as follows:
Cost of revenue:
Subscription	$	670	$	816
Professional services and other	278		424
Sales and marketing	4,401		6,047
Research and development	4,902		3,146
General and administrative	4,986		4,331
Other expense, net	218		—
Total stock-based compensation expenses	$	15,455	$	14,764

(2) Includes amortization of certain intangible assets, as follows:
General and administrative	$	142	$	144




(3) Includes executive officer severance, as follows:
Sales and marketing	$	—	$	488


Domo, Inc.
Condensed Consolidated Balance Sheets
(in thousands)
(unaudited)

	January 31,		April 30,
	2026		2026
Assets
Current assets:
Cash and cash equivalents	$	42,951	$	39,057

Accounts receivable, net of allowances of $5,391 and $4,489 as of January 31, 2026 and April 30, 2026, respectively	85,456		50,466
Contract acquisition costs, net	18,013		17,818
Prepaid expenses and other current assets	7,138		9,795
Total current assets	153,558		117,136

Property and equipment, net	28,970		28,252
Right-of-use assets	10,990		9,421
Contract acquisition costs, noncurrent, net	28,387		27,039
Intangible assets, net	1,558		1,529
Goodwill	9,478		9,478
Other assets	2,592		3,718
Total assets	$	235,533	$	196,573

Liabilities and stockholders' deficit
Current liabilities:
Accounts payable	$	18,765	$	18,047
Warrant liability	9,249		7,166
Accrued expenses and other current liabilities	60,852		44,118
Lease liabilities	7,472		7,666
Current debt	—		137,105
Deferred revenue	174,885		158,548
Total current liabilities	271,223		372,650

Lease liabilities, noncurrent	5,676		3,593
Deferred revenue, noncurrent	6,024		3,388
Other liabilities, noncurrent	12,180		3,237
Long-term debt	126,494		—
Total liabilities	421,597		382,868

Commitments and contingencies


Stockholders' deficit:
Common stock	42		45
Additional paid-in capital	1,359,652		1,373,856
Accumulated other comprehensive income	1,122		854
Accumulated deficit	(1,546,880)		(1,561,050)
Total stockholders' deficit	(186,064)		(186,295)
Total liabilities and stockholders' deficit	$	235,533	$	196,573


Domo, Inc.
Condensed Consolidated Statements of Cash Flows
(in thousands)
(unaudited)

	Three Months Ended
	April 30,
	2025		2026
Cash flows from operating activities
Net loss	$	(18,052)	$	(14,170)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	2,291		2,625
Non-cash lease expense	1,102		1,454
Amortization of contract acquisition costs	4,478		4,956
Stock-based compensation expense	15,455		14,764

Remeasurement of warrant liability	(1,158)		(2,083)
Other, net	2,181		2,210
Changes in operating assets and liabilities:
Accounts receivable, net	27,626		34,990
Contract acquisition costs	(4,736)		(3,631)
Prepaid expenses and other assets	(857)		(3,834)
Accounts payable	3,354		3,066
Operating lease liabilities	(1,362)		(1,773)
Accrued expenses and other liabilities	(10,163)		(14,431)
Deferred revenue	(16,208)		(18,973)
Net cash provided by operating activities	3,951		5,170

Cash flows from investing activities
Purchases of property and equipment	(2,927)		(1,840)


Proceeds from sale of intangible assets	—		100
Purchases of intangible assets	—		(115)

Net cash used in investing activities	(2,927)		(1,855)

Cash flows from financing activities

Payments of deferred offering costs for registration statement	(164)		—

Proceeds from shares issued in connection with employee stock purchase plan	680		290

Shares repurchased for tax withholdings on vesting of restricted stock	(486)		(3,437)
Debt issuance costs, net	(206)		—


Proceeds from short-term payable financing	3,303		—
Payments on short-term payable financing	(3,722)		(3,804)



Net cash used in financing activities	(595)		(6,951)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	1,487		(258)
Net increase (decrease) in cash, cash equivalents, and restricted cash	1,916		(3,894)
Cash, cash equivalents, and restricted cash at beginning of period	45,264		42,951
Cash, cash equivalents, and restricted cash at end of period	$	47,180	$	39,057


Domo, Inc.
Reconciliation of Non-GAAP Financial Measures
(in thousands, except per share data)
(unaudited)

	Three Months Ended
	April 30,
	2025			2026
Reconciliation of Subscription Gross Margin on a GAAP Basis to Subscription Gross Margin on a Non-GAAP Basis:
Revenue:
Subscription	$	71,389		$	69,777
Cost of revenue:
Subscription	13,787			13,725
Subscription gross profit on a GAAP basis	57,602			56,052
Subscription gross margin on a GAAP basis	81		%	80		%

Stock-based compensation	670			816
Subscription gross profit on a non-GAAP basis	$	58,272		$	56,868
Subscription gross margin on a non-GAAP basis	82		%	81		%

Reconciliation of Total Operating Expenses on a GAAP Basis to Total Operating Expenses on a Non-GAAP Basis:
Total operating expenses on a GAAP basis	$	73,789		$	69,508
Stock-based compensation	(14,289)			(13,524)
Amortization of certain intangible assets	(142)			(144)

Executive officer severance	—			(488)
Total operating expenses on a non-GAAP basis	$	59,358		$	55,352

Reconciliation of Operating Loss on a GAAP Basis to Operating Income on a Non-GAAP Basis:
Operating loss on a GAAP basis	$	(14,346)		$	(10,965)
Stock-based compensation	15,237			14,764
Amortization of certain intangible assets	142			144

Executive officer severance	—			488
Operating income on a non-GAAP basis	$	1,033		$	4,431

Reconciliation of Operating Margin on a GAAP Basis to Operating Margin on a Non-GAAP Basis:
Operating margin on a GAAP basis	(18)		%	(14)		%
Stock-based compensation	19			19


Executive officer severance	—			1
Operating margin on a non-GAAP basis	1		%	6		%

Reconciliation of Net Loss on a GAAP Basis to Net Loss on a Non-GAAP Basis:
Net loss on a GAAP basis	$	(18,052)		$	(14,170)
Stock-based compensation	15,455			14,764
Amortization of certain intangible assets	142			144

Executive officer severance	—			488

Remeasurement of warrant liability	(1,158)			(2,083)
Net loss on a non-GAAP basis	$	(3,613)		$	(857)