A：During his speech, Josh James covered three key points: the current strategic process, why the platform is valuable, and customer and ecosystem partner examples.

A：The Board of Directors is focusing on how to maximize the value of the opportunity to shareholders. Their conclusion after engaging with multiple partners and considering a range of potential options was that pursuing a strategic transaction represents the best path forward.

A：Data infrastructure is deemed more important because AI cannot be deployed effectively against fragmented or ungoverned data. The outputs are not trustworthy, and results do not hold up in production. This reality makes data infrastructure essential for successful AI deployment.

A：Domo has spent years creating a data architecture that supports AI and is now helping businesses move beyond AI pilots to operationalize AI, creating economies of scale and saving time and money.

A：Domo's forward deployed engineering team works directly alongside customers to build applications, agents, and workflows on top of governed data. The goal is to move quickly from experimentation to production, often in as little as 24 to 48 hours, resulting in deep platform adoption and customer outcomes that show up in retention and expansion.

A：The media and entertainment company has been able to monitor fan experience in real time, with AI agents that automatically trigger data pipelines and alert operations teams. The healthcare marketing agency is deploying an AI powered compliance review assistant to accelerate the approval of digital and print campaigns, which is expected to deliver significant operational efficiencies and reduce overall review costs by approximately 80%.

A：The real estate brokerage was able to evaluate the financial impact of commission plan changes across its agent network more efficiently with a Domo-powered scenario modeling application. This allowed executives to model and compare compensation structures in real time, analyze impacts on agent payouts, and make strategic decisions with revenue and probability data in production. The use of AI helped to reduce planning cycles from days to minutes.

A：Domo assisted the employee benefits provider by modernizing a spreadsheet-based business planning tool, resulting in a production-ready AI application that replaced the legacy process. The project not only modernized the process but also accelerated several additional strategic initiatives and led the customer to fundamentally change their view of the future potential of their Domo investment.

A：The common theme observed in conversations at events such as Google Next and Snowflake Summit was that organizations had invested heavily in modern data platforms and were seeking ways to make these investments more accessible and actionable for the business.

A：Domo and Snowflake collaborated to replace the legacy analytics environment of a payments provider with a modern governed data platform. Snowflake serves as the enterprise data foundation, while Domo provides self-serve analytics, AI-powered insights, and workflow automation for business users, leading to a solution that reduces dependence on spreadsheets and fragmented reporting tools.

A：The partnership between Domo and Snowflake enabled a nonprofit workforce development organization to modernize its enterprise data environment and support its long-term data strategy. The coordinated engagement delivered a unified modern data platform, which is designed to enable governed access to data, self-service analytics, and a scalable foundation for future AI and automation initiatives.

A：Domo has been recognized as a leader by Nucleus Research in its 2026 Business Intelligence and Analytics Technology Value Matrix. Additionally, Dresden Advisory Services recognized Domo as an experienced and credibility leader in its flagship study, naming Domo the number one service self-service BI vendor for the seventh consecutive year and the top cloud BI vendor for the 10th consecutive year.

A：Domo's balance sheet reflects its debt as current due to non-compliance with the minimum ARR covenant under the existing debt facility. The company has entered into a signed forbearance agreement with its lender, which has agreed to forbear from accelerating repayment or exercising other remedies while Domo works toward completing a strategic transaction. The strategic discussions are in an advanced stage, and financial guidance was not provided on the call.

A：Domo's Q1 results include total revenue of $79.4 million, with subscription revenue at $69.8 million, down 2% year over year. Professional services revenue was $9.6 million, up from $8.7 million in the prior year. Billings were $60.4 million, a year-over-year decrease attributed to timing dynamics. The company's RPO base was substantial, reflecting committed future revenue from multi-year contracts and consumption agreements. Adjusted free cash flow for Q1 was close to break even, and cash flow from operations was positive at $5.2 million. Domo's cash balance at quarter-end was $39.1 million, and non-GAAP operating income was approximately $4.4 million.