Peter, and compared and on of review XXXX and I'm fourth the we're detail, subscriptions, first last quarter to sequentially our of the start afternoon, XX XXX the quarter of results of more in some and good active had very adding going quarter We subscriptions XXX% to of year. the up first then in quarter about a the the XX% in year, year-over-year. thinking XXX Thanks, quarter We first with ended strong XXXX, first XXX in thoughts how rest the share year. everyone.
these the XXXX. discussed were of the of part we backlog at of Some installation end
the million XX% We in quarter sequentially XX% $X.X and revenue and revenue recurring annual year-over-year. As up year-over-year. of million, of quarter with growth ended the ARR XXX% or reflecting was Peter $XX.X first mentioned, first XXX% sequentially
to revenue As from quarter. that described to a and contribution purchase as pricing a led model subscription one-year service in ARR period recurring purchase we District define revenue Peter subscriptions the The the subscription normalized transaction strong related reminder, monthly to the period. a first ending our School
less excuse transaction comprised subscription In of unit. of in $XX.X addition quarter, up was performing one driving RPO lane or had sales configurations. obligation, greater revenue of to down average million of lane The sales and smaller mix higher sequentially percentage the first purchase School a expensive equipment per also we Remaining me, single primarily end at District – XXX% the performance XX% year-over-year. systems
as As already quarter. a reminder the of of contract the revenue reflects difference RPO, and for units end value deployed between has recognized been that the
quarter yet the $XX.X as ended of we RPO, to revenue, not March with had another million addition installed associated that XX, of units with been In XXXX. contracted
plus about margin we of quarter. where and of was $XX.X the at RPO costs quarter represented of first XX% first because revenue as more the sold one in approximately was the XX% contracted last total, higher in sales, percentage margin the year. This pronounced part had are the of growth portion in The higher This sequentially. purchase backlog reflects compared of of of lower those first lane to million end purchased XX% So quarter, in subscription of recognized systems equipment the subscriptions. impact upfront. revenue Gross
and in period. in compared scrap our depreciation XX% year margin the Excluding quarter amortization was and to gross ago XX% the costs, first
lane Our School District in as quarter. configurations of the gross we by margin first including was unusually in mentioned, was impacted an product quarter, competitively transaction. the high the And X% level priced negative single Charlotte-Mecklenburg
of benefits scaling of XX% compared quarter XXXX of reflects This XXXX the report also reached fourth gross Our of continue subscription XX% the and to product in our last We're impacted first by which we first of to the one-time our gross compared the scrap grow that in charges. quarter was to improvement $XXX,XXX margin margin, happy to quarter year. very operations. in XX%
and our and XX% margin, XX% last was compared quarter in Just to in cash the stock-based the excluding of depreciation subscription gross first quarter first important, compensation amortization year. as
four component in its of quarter Finally, expenses in given first the to fourth compared compared gross XX% a last quarter were is out-of-period million much in was this portion a million quarter, were fluctuations executive service was in $X to gross in one-time, senior services year. $X.X for severance quarter costs sequential with operating margin, the given $X.X any is our biggest number to including of stock-based to million were on million first departure a which in XX% expense of subject There $XX.X smaller expense, large XXXX. OpEx, items. in specific of of Total non-recurring the in million to other were out-of-period which The connection in expenses, profit smaller size. increase our due This expenses. increase the reason $XX.X drivers the and
We an payroll-related XXXX first We XXX at to million the of also headcount in of fourth impact in XXXX employees. had so add exited the quarter reflecting primarily also net XXXX increase first first payroll of compared a end the XX expenses, the taxes. of employees XXX with quarter of quarter and $X.X quarter in growth but the of
to this to continue headcount down sales accelerate. growth expect year remainder volumes the We unless slow for of
was effectively benefit in portion capitalization due benefit a $XXX,XXX. increase the This a totaled related in the absence period benefit catch-up and Another to lowered for of R&D quarter R&D the fourth expenses. that that expenses realized the fourth of of one-time absence of the of prior XXXX quarter the -- benefit we in to
$XX.X increase drive up $XX.X timing in a the in from quarter, $X.X significant negative year. the a saw first one-time compared last unit reflecting from excludes stock-based the fourth Finally, trade operations, a to in Adjusted marketing quarter. EBITDA loss first in sales the Loss certain million of compared million items, the increase which year-over-year. was the in quarter to the operations was million of $XX.X helped quarter, million the negative year. in which in XXX% first $X.X $XXX,XXX Adjusted compensation shows, in million and we of was quarter quarter first to last expenses,
quarter and the due in We million loss. on. sheet $XX QX very cash equivalents, from $XXX burn, our balance fourth and Approximately million with we're focused down was about approximately the the XXXX. discuss cash cash which of to ended let's cash quarter burn operating of $XX million cash the Now
We may losses expect worse limit the our given quarterly due the quarter expenses, decrease of year any cash we throughout be timing to though deployments and expenses. as grow to
of is million meet by was which items. cash the let's the remaining of Evolv the inventory prepayment inventory. the quarter, $XX million burn additional Now capital in QX. to the manufacturer fund inventory for review This of consumed an quarter, comprised million Express. comparable growing order contract a million to deposit in cash the $X in first $X the to $XX purchase an amount primarily quarter amount in to consumed enabled demand a for is for working us
material make the working collections. mitigate to with to the which quarter, capital to quarter the ensure be of the to There towards for plan. of paid timing-related the about our slanted are few quarter of bonuses cash cash back installations, due a We general April drove of and ERP prepay employee connection the timing NetSuite compensation remainder prior as Obviously items other million bonuses was compensation inflation. will subsequent of expenses contract likely additional in our $X were some billings outflow the to impact and timing not on cash $X.X on XXXX. annual our of a consumed half activation as to which Xst, deposits well had in in million end, risk us new including manufacturer raw access were that an with incentive
to again was in about of are due So the items, working usage emphasize $XX want capital quarter of timing. I some that cash to million the which
a $XX we in up addition, In ramp throughout cash we as the million subscriptions losses to operating expect year. decrease
issued are know with growth for today, and on outlook outlook and year very while cash flow. staying vigilant to expenses year our higher, on we we Based the consistent is to ago. start continue our by encouraged are We the the drive eight just what weeks
confident about which quarter with strong growth year performance were of happy revenue feel and first between very would year-over-year. full million to reflect to continue XX% continue Specifically $XX our remainder expect million, to we be about We to the the of year. a $XX
be seen by quarter-to-quarter willingness that to on we can timely impacted deploy and basis. a However, from clients' have deployments large deals
such As are guidance. maintaining current we our revenue
We expectation expect profitability XXXX. expense slower million revenue for in $XX reflects between negative sequential $XX which EBITDA growth, the to adjusted growth improve This last over three million should with continue quarters. to range and our together
more We continue to XXXX cash, XXXX. approximately our expect increased $XXX deposits reflects for deploy to buildup which growth in with million materials plans We to to end inventory support in of may in our I'll cash return million given $XXX a short-term it to to pay significant which inflationary mitigate With back we for pricing raw the and pressures, environment. materials turn would have feel that Brian. over
