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ph jili Musk's millions for Trump make him biggest US political donorEUREKA — 2024 was a busy year in Woodford County. A Eureka farmer and a country singer found fame. The county reorganized it animal control service. Renovation of the county courthouse uncovered forgotten history. A Goodfield restaurant made it's TV debut and later was closed by a fire. Judges and politicians took office and moved on. A teenager nearly killed in an ATV crash worked hard to recover, and a beloved Roanoke-Benson teacher was mourned. Following is a month-by-month look at these any many more highlights. January Eureka joined other area public library branches to make the switch to go fine free on an official basis for any overdue materials. Lt. Gov. Juliana Stratton was the guest speaker for Eureka College’s Dr. Martin Luther King Jr. program. The sheriff’s department was given the green light to take over responsibilities for the county’s animal control service in which two deputies would work consecutive 12-hour shifts. The county board came to terms on a 24-month lease agreement with Merle and Michelle Blunier for use of the couple’s kennel facility four miles north of Eureka. Michelle Blunier would also serve as a kennel attendant. Heather Leman remained as the county’s animal control warden on an interim basis. Eureka qualified for the Illinois High School Association state dance competition. The holiday home tour was resurrected after a two-decade absence. The event, sponsored by the United Methodist Church, raised $2,250 for the Eureka Area United Fund. February Members of the Chad Leman family of rural Eureka were featured in a commercial for Illinois Farm Families that aired during Super Bowl LVIII. The county board revised the animal control ordinance where Sheriff Matt Smith will be appointed warden along with two deputies. Meals on Wheels sought more volunteers. Eureka College received approval from the Federal Communications Commission (FCC) for a radio station to operate on FM 103.1. March America’s Best Restaurants made a stop at Busy Corner Restaurant in Goodfield to film segments for a future episode. As part of a restructuring plan by the Peoria Diocese, St. Luke Catholic Church in Eureka and St. Joseph Catholic Church in Roanoke would be recommended for closure, while Benson-based St. John’s Catholic Church would stay open. Saint Patrick Catholic Church of Minonk would merge with Wenona-based St. Mary’s Catholic Church. The Woodford County Sheriff’s Department stepped up patrols over the St. Patrick Day weekend. Eureka College won a pair of first place awards at the Intercollegiate Broadcasting System conference in New York City. Former part-time county dispatcher Kevin McCumber continued in his role as interim clerk for the House of Representatives in Washington, D.C. Ex-Eureka teacher Sara Kaufman was named recipient of the Mary Lou and Keith Hauge Retiree Award by the Illinois Education Association. Victoria Nguyen of Bloomington, an employee with the U.S. Department of Agriculture in Peoria, died in a two-vehicle crash along Interstate 74 in the extreme southeast portion of the county. Sheriff Matt Smith was named the county’s animal control warden. Eureka agricultural teacher and Future Farmers of America (FFA) adviser Sawyer Cottrell was named the top groundbreaker by Compeer Financial. Eureka College graduate Joe Hermes unveiled a country music single titled, “Baptized by the South.” April TheMenu309 opened in the former Maurie’s Sugar Shoppe across from the county courthouse on N. Main St. (Illinois Route 117) in Eureka. High school seniors Cora Strawn (Eureka), Bella Fortner (Fieldcrest) and Addy Heineke (Roanoke-Benson) were chosen Good Citizen Award recipients by the Bloomington-based Joseph Bartholomew Sons of the American Revolution (SAR). Eureka College students watched the solar eclipse. Former Roanoke-Benson industrial arts teacher Eric Bates died from injuries in a motorcycle accident four miles southeast of Mackinaw. Several collectibles from the Ronald Reagan Museum & Archives located on the Eureka College campus were made available online. The county board tabled a resolution whether or not to declare Woodford a place for asylum seekers and migrants as a possible destination. Pekin resident Lisa Hofmann died after a forklift accident at the Case New Holland plant on the east side of Goodfield. A recycling event at St. Luke Catholic Church in Eureka that was a joint effort with the Boosters 4-H Club and Laborers Local No. 996 of Roanoke filled almost 25 bins. May The county courthouse underwent a $4.5 million renovation that uncovered pieces of art that depicted local history. The Benson ambulance squad obtained a $26,000 grant from the Office of the Illinois State Fire Marshal. A remodeling project continued in the dining room at the Apostolic Christian Home of Roanoke. The Ross Clymer and Friends Community Recycling event saw almost 200 participants and 24 full bins. It was at Eureka’s St. Luke Catholic Church as a joint effort between the Boosters 4-H Club of Eureka and Roanoke-Based Laborers Local No. 996. The resolution to allow asylum seekers and migrants to arrive was approved by the county board. The Peoria Diocese decided to close two county Catholic parishes, St. Luke in Eureka and St. Joseph in Roanoke and merge them with Metamora-based St. Mary. Saint John in Benson would join St. Mary of El Paso, while St. Patrick in Minonk would consolidate with the Lostant, Toluca and Wenona parishes. These were supposed to go into effect after the first of July K. Edward Holderle was appointed the new chair to the Eureka College board of trustees, while C. Mark Palmer took office as secretary. Graduates Sandy Baner and Siji Moore along with Jane Campbell were picked to the board. Eureka teachers Molly Baner, Brandi Edwards and April Worner each received $100 and the Early Career Educator Award through the Delta Kappa Gamma. The Apostolic Christian Homes of Eureka and Roanoke celebrated National Nursing Home Week. Illinois Central College student and Eureka graduate Noah Wynkoop obtained a gold medal in the category of diesel equipment technology at the SkillsUSA Illinois Elite Career competition in Peoria. A dedication ceremony was held at the Upper Lake Eureka Park for a Charters of Freedom monument in the form of brick platforms with cases containing replicas of the Bill of Rights, U.S. Constitution and the Declaration of Independence. June The Nate Hoffman Memorial Melanoma Adventure Race took place at Eureka Lake. The Walking for Amy fundraiser to benefit the American Cancer Society was held at Roanoke Park and generated over $16,800. The first Congerville Summer Family Night series kicked off at the village hall. The Race with Your Heart was held at Lake Eureka. Recent Eureka High School graduates Brady Monk, Hallie Rocke and Cora Strawn were selected as the recipients of a $1,000 scholarship through the Congerville Eureka Goodfield Community Youth Recreation Association. Eureka Pubic Library and Minonk’s Filger Library participated in the Tri-County Library Crawl. Librarian Joel Shoemaker released a book titled, “Silas on Sundays,” a children’s book for those in the LGBTQ+ community Frank and Jane Kandel of Eureka observed their 55th wedding anniversary. Recent Fieldcrest graduate Allison Tjaden received a $1,000 scholarship through Helena-Agri Enterprises. A dead blackbird found near Metamora tested positive for the West Nile virus, the first confirmed case in the county. Erik Brewer was reappointed to the county housing authority. July The Bob and Evelyn Duncan Memorial Golf tournament took place at the Fairlakes course south of Secor. Eureka’s Ken and Judy Knepp celebrated their 60th wedding anniversary. An Illinois appeals court ruled a third trial should take place in the case of Maya Nodine, who was twice convicted in the death of Joy Hattan in a two-vehicle crash along Route 89 south of Washburn just a week before Christmas in 2021. Members of the county’s American Federation of State, County and Municipal Employees (ASCME) donated sick and/or vacation time to a highway department employee who battled health issues and required hospitalization near Chicago. The county 4-H Fair took place at Farm Bureau Park just east of Eureka. Roanoke held its sesquicentennial celebration. Eleventh Judicial Circuit Judge Charles Feeney, a native of El Paso and a former Woodford County state’s attorney, retired after three-plus decades in law. State’s Attorney Greg Minger was appointed to replace Feeney on the bench. August The combined efforts of the Eureka ($175,000) and Minonk ($156,000) runs to Peoria raised a combined $331,000 for St. Jude Children’s Research Hospital. A fire in an apartment complex in Eureka claimed the life of 58-year-old Jennifer Adams. Over a dozen others were displaced by the blaze. Eugene Doherty was appointed to the 4th District Appellate Court to replace Lisa Holder White, now an Illinois Supreme Court justice. Woodford was one of 41 counties in the district. Jeff Schumacher was elected president of the Eureka Rotary Club. Lisa Jording resigned as the county’s zoning administrator and was replaced on an interim basis by Deb Breyman. Martin Clinch was reappointed to the zoning board. Eureka High School freshman Hank Wettstein suffered severe head and other injuries in a near-fatal all-terrain vehicle crash on his uncle's farm. He later was taken to Shirley Ryan AbilityLab in Chicago for extensive rehabilitation. September Evergreen Farm Services (FS) acquired the liquid fuel division of Eureka-based Yoder Oil. The Greater Eureka Kiwanis Club held a yard sale in the 400 block of East Pearson Street. The Eureka Rotary Club held a pork chop fundraiser at the Goodfield State Bank branch along Route 117 (South Main Street). The county board picked former Assistant State's Attorney Erik Gibson to replace Greg Minger as state’s attorney. The Glory Stompers, a local teenage band that formed in the late 1960s, reunited for a concert at the Rutland American Legion. The group comprised Minonk natives Bill Barr, Doug Emlen, Bob Hakes, Dave Reiter and Sam Thorp. October Jyl Zubiate was installed as president of the Eureka Greater Area Kiwanis Club. Roanoke resident Chad Martin, who is the president and chief executive officer of Goodfield State Bank, was chosen as second vice chair with the Springfield-based Community Bankers Association of Illinois. Impact Life held blood drives in Eureka and Minonk to assist those residents in the southeastern U.S. affected by Hurricanes Helene and Milton. The county board approved an intergovernmental agreement with the village of Bayview Gardens for animal control services. It also issued a special use permit to Annette Monge to operate a dog service training/dog boarding facility two miles west of Metamora. Jared Schieber and Jeff Schrock were reappointed to the Congerville Rural Fire Protection District. Eureka High School won the Class 1A division of Illinois Marching Band Championships at Hancock Stadium on the Illinois State University campus in Normal. The Eureka United Methodist Church held a soup/pie event. November Republican incumbent Dennis Tipsword was elected to another term as state representative for the 105th District, while Chris Balkema captured the open 53rd District State Senate seat. The Illinois secretary of state's office branch in Roanoke switched to a “one-stop shop” for driver-related services. A fire caused the temprary closure of the Busy Corner Restaurant in Goodfield. Carol Anderson of Eureka and Metamora’s Dennis Tipsword were recognized for service to the county’s historical society, which also assumed responsibility of the Eureka Holiday Home Tour. The county opted to pay for repair costs for its animal control kennel located north of Eureka. December Eureka High School freshman Hank Wettstein returned to school for the first time since his late summer ATV accident. He will attend once a week with the hope to return some time in the second semester. An ad hoc committee will be created to study the future of the county’s animal control operation. Kevin McCumber Joe Hermes INSIDE : Year in review in Woodford County sports, B1 Be the first to know Get local news delivered to your inbox!

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Dec 9, 2024-- C3.ai, Inc. (“C3 AI,” “C3,” or the “Company”) (NYSE: AI), the Enterprise AI application software company, today announced financial results for its fiscal second quarter ended October 31, 2024. “We had an outstanding quarter with strong top- and bottom-line performance to mark our seventh consecutive quarter of accelerating revenue growth,” said Thomas M. Siebel, Chairman and CEO, C3 AI. “It is difficult to overstate the potential of the Microsoft–C3 AI strategic alliance,” said Siebel. “By establishing C3 AI as a preferred AI application provider on Azure and creating a Microsoft-scale go-to-market engine, we’re making it easy for businesses to adopt and deploy C3 AI applications. This is an inflection point for Enterprise AI, driving growth.” Fiscal Second Quarter 2025 Financial Highlights Microsoft Azure Strategic Alliance Partner Network C3 AI reinforced its leadership in Enterprise AI, strengthened by a thriving partner ecosystem to accelerate Enterprise AI adoption. Business Highlights C3 AI had continuing momentum with significant Federal and commercial successes and strengthened strategic partnerships. Federal Momentum Federal business demonstrated strong execution, securing key wins and expansions across multiple agencies. C3 Generative AI C3 AI further strengthens its competitive edge in generative AI, affirming its market leadership. Financial Outlook: The Company’s guidance includes GAAP and non-GAAP financial measures. The following table summarizes C3 AI’s guidance for the third quarter of fiscal 2025 and full-year fiscal 2025: (in millions) Third Quarter Fiscal 2025 Guidance Full Year Fiscal 2025 Guidance Total revenue $95.5 - $100.5 $378.0 - $398.0 Non-GAAP loss from operations $(38.6) - $(46.6) $(105.0) - $(135.0) A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, expenses that may be incurred in the future. Stock-based compensation expense-related charges, including employer payroll tax-related items on employee stock transactions, are impacted by the timing of employee stock transactions, the future fair market value of our common stock, and our future hiring and retention needs, all of which are difficult to predict and subject to constant change. We have provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables for our historical non-GAAP results included in this press release. Our fiscal year ends April 30, and numbers are rounded for presentation purposes. Conference Call Details What: C3 AI Second Quarter Fiscal 2025 Financial Results Conference Call When: Monday, December 9, 2024 Time: 2:00 p.m. PT / 5:00 p.m. ET Participant Registration: https://register.vevent.com/register/BI383ae1e1c80b4221a65de6c2c2baf582 (live) Webcast: https://edge.media-server.com/mmc/p/xf8dudjw (live and replay) Investor Presentation Details An investor presentation providing additional information and analysis can be found at our investor relations page at ir.c3.ai . Statement Regarding Use of Non-GAAP Financial Measures The Company reports the following non-GAAP financial measures, which have not been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”), in addition to, and not as a substitute for, or superior to, financial measures calculated in accordance with GAAP. We use these non-GAAP financial measures internally for financial and operational decision-making purposes and as a means to evaluate period-to-period comparisons. Non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP financial measures and should be read only in conjunction with our condensed consolidated financial statements prepared in accordance with GAAP. Our presentation of non-GAAP financial measures may not be comparable to similar measures used by other companies. We encourage investors to carefully consider our results under GAAP, as well as our supplemental non-GAAP information and the reconciliation between these presentations, to more fully understand our business. Please see the tables included at the end of this release for the reconciliation of GAAP to non-GAAP financial measures. Other Information Professional Services Revenue Our professional services revenue includes service fees and prioritized engineering services. Service fees include revenue from services such as consulting, training, and paid implementation services. For service fees, revenue is typically recognized over time as the services are performed. Prioritized engineering services are undertaken when a customer requests that we accelerate the design, development, and delivery of software features and functions that are planned in our future product roadmap. When we agree to this, we negotiate an agreed upon fee to accelerate the development of the software. When the software feature is delivered, it becomes integrated to our core product offering, is available to all subscribers of the underlying software product, and enhances the operation of that product going forward. Such prioritized engineering services result in production-level computer software – compiled code that enhances the functionality of our production products – which is available for our customers to use over the life of their software licenses. Per Accounting Standards Codification (ASC) 606, Prioritized engineering services revenue is recognized as professional services over the period in which the software development is completed. Total professional services revenue consists of: Three Months Ended October 31, Six Months Ended October 31, 2024 2023 2024 2023 (in thousands) (in thousands) Prioritized engineering services $ 9,661 $ 4,852 $ 20,310 $ 13,100 Service fees 3,515 1,928 6,623 4,690 Total professional services revenue $ 13,176 $ 6,780 $ 26,933 $ 17,790 Use of Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “anticipate,” “believe,” “continue,” “estimate,” “expect,” “intend,” “may,” “will” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these words. Forward-looking statements in this press release include, but are not limited to, statements regarding our market leadership position, anticipated benefits from our partnerships, financial outlook, our sales and customer opportunity pipeline including our industry diversification, the expected benefits of our offerings (including the potential benefits of our C3 Generative AI offerings), and our business strategies, plans, and objectives for future operations. We have based these forward-looking statements largely on our current expectations and projections about future events and trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements are subject to a number of risks and uncertainties, including our history of losses and ability to achieve and maintain profitability in the future, our historic dependence on a limited number of existing customers that account for a substantial portion of our revenue, our ability to attract new customers and retain existing customers, market awareness and acceptance of enterprise AI solutions in general and our products in particular, the length and unpredictability of our sales cycles and the time and expense required for our sales efforts. Some of these risks are described in greater detail in our filings with the Securities and Exchange Commission, including our Quarterly Reports on Form 10-Q for the fiscal quarters ended July 31, 2024 and, when available, October 31, 2024, although new and unanticipated risks may arise. The future events and trends discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, achievements, or events and circumstances reflected in the forward-looking statements will occur. Except to the extent required by law, we do not undertake to update any of these forward-looking statements after the date of this press release to conform these statements to actual results or revised expectations. About C3.ai, Inc. C3.ai, Inc. (NYSE:AI) is the Enterprise AI application software company. C3 AI delivers a family of fully integrated products including the C3 AI Platform, an end-to-end platform for developing, deploying, and operating enterprise AI applications, C3 AI applications, a portfolio of industry-specific SaaS enterprise AI applications that enable the digital transformation of organizations globally, and C3 Generative AI, a suite of domain-specific generative AI offerings for the enterprise. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) (Unaudited) Three Months Ended October Six Months Ended October 31, 2024 2024 2023 2024 2023 Revenue Subscription (1) $ 81,162 $ 66,449 $ 154,618 $ 127,801 Professional services (2) 13,176 6,780 26,933 17,790 Total revenue 94,338 73,229 181,551 145,591 Cost of revenue Subscription 35,038 30,937 68,330 61,371 Professional services 1,460 1,179 3,215 2,558 Total cost of revenue 36,498 32,116 71,545 63,929 Gross profit 57,840 41,113 110,006 81,662 Operating expenses Sales and marketing (3) 55,643 49,895 107,768 93,780 Research and development 55,715 50,399 108,642 101,267 General and administrative 21,770 20,215 41,470 40,104 Total operating expenses 133,128 120,509 257,880 235,151 Loss from operations (75,288 ) (79,396 ) (147,874 ) (153,489 ) Interest income 9,560 10,480 19,563 20,602 Other income (expense), net 13 (638 ) 41 (877 ) Loss before provision for income taxes (65,715 ) (69,554 ) (128,270 ) (133,764 ) Provision for income taxes 257 226 529 374 Net loss $ (65,972 ) $ (69,780 ) $ (128,799 ) $ (134,138 ) Net loss per share attributable to Class A and Class B common stockholders, basic and diluted $ (0.52 ) $ (0.59 ) $ (1.02 ) $ (1.15 ) Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, basic and diluted 127,870 118,656 126,434 117,125 (1) Including related party revenue of $10,581 for the six months ended October 31, 2023. (2) Including related party revenue of $5,804 for the six months ended October 31, 2023. (3) Including related party sales and marketing expense of $810 for the six months ended October 31, 2023. C3.AI, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, except for share and per share data) (Unaudited) October 31, 2024 April 30, 2024 Assets Current assets Cash and cash equivalents $ 121,274 $ 167,146 Marketable securities 609,100 583,221 Accounts receivable, net of allowance of $486 and $359 as of October 31, 2024 and April 30, 2024, respectively 159,987 130,064 Prepaid expenses and other current assets 27,458 23,963 Total current assets 917,819 904,394 Property and equipment, net 84,198 88,631 Goodwill 625 625 Other assets, non-current 43,647 44,575 Total assets $ 1,046,289 $ 1,038,225 Liabilities and stockholders’ equity Current liabilities Accounts payable $ 20,611 $ 11,316 Accrued compensation and employee benefits 41,755 44,263 Deferred revenue, current 35,663 37,230 Accrued and other current liabilities 23,979 9,526 Total current liabilities 122,008 102,335 Deferred revenue, non-current 127 1,732 Other long-term liabilities 65,193 60,805 Total liabilities 187,328 164,872 Commitments and contingencies Stockholders’ equity Class A common stock 125 120 Class B common stock 3 3 Additional paid-in capital 2,077,044 1,963,726 Accumulated other comprehensive income (loss) 521 (563 ) Accumulated deficit (1,218,732 ) (1,089,933 ) Total stockholders’ equity 858,961 873,353 Total liabilities and stockholders’ equity $ 1,046,289 $ 1,038,225 C3.AI, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) (Unaudited) Six Months Ended October 31, 2024 2023 Cash flows from operating activities: Net loss $ (128,799 ) $ (134,138 ) Adjustments to reconcile net loss to net cash used in operating activities Depreciation and amortization 6,092 6,220 Non-cash operating lease cost 203 454 Stock-based compensation expense 111,721 104,049 Accretion of discounts on marketable securities (7,618 ) (8,755 ) Other 418 — Changes in operating assets and liabilities Accounts receivable (1) (30,051 ) (8,567 ) Prepaid expenses, other current assets and other assets (2) (1,993 ) (665 ) Accounts payable (3) 9,294 (2,918 ) Accrued compensation and employee benefits (4,815 ) (2,551 ) Operating lease liabilities (1,215 ) 7,804 Other liabilities (4) 19,284 1,709 Deferred revenue (5) (3,172 ) (7,296 ) Net cash used in operating activities (30,651 ) (44,654 ) Cash flows from investing activities: Purchases of property and equipment (1,739 ) (16,631 ) Capitalized software development costs — (2,750 ) Purchases of marketable securities (365,926 ) (489,871 ) Maturities and sales of marketable securities 348,750 412,554 Net cash used in investing activities (18,915 ) (96,698 ) Cash flows from financing activities: Proceeds from issuance of Class A common stock under employee stock purchase plan 5,009 5,055 Proceeds from exercise of Class A common stock options 4,472 10,163 Taxes paid related to net share settlement of equity awards (5,787 ) (9,686 ) Net cash provided by financing activities 3,694 5,532 Net decrease in cash, cash equivalents and restricted cash (45,872 ) (135,820 ) Cash, cash equivalents and restricted cash at beginning of period 179,712 297,395 Cash, cash equivalents and restricted cash at end of period $ 133,840 $ 161,575 Cash and cash equivalents $ 121,274 $ 149,009 Restricted cash included in other assets 12,566 12,566 Total cash, cash equivalents and restricted cash $ 133,840 $ 161,575 Supplemental disclosure of cash flow information—cash paid for income taxes $ 534 $ 281 Supplemental disclosures of non-cash investing and financing activities: Purchases of property and equipment included in accounts payable and accrued liabilities $ 117 $ 7,293 Right-of-use assets obtained in exchange for lease obligations (including remeasurement of right-of-use assets and lease liabilities due to changes in the timing of receipt of lease incentives) $ 1,345 $ 778 Vesting of early exercised stock options $ 216 $ 294 (1) Including changes in related party balances of $12,444 for the six months ended October 31, 2023. (2) Including changes in related party balances of $(810) for the six months ended October 31, 2023. (3) Including changes in related party balances of $248 for the six months ended October 31, 2023. (4) Including changes in related party balances of $(2,448) for the six months ended October 31, 2023. (5) Including changes in related party balances of $(46) for the six months ended October 31, 2023. C3.AI, INC. RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES (In thousands, except percentages) (Unaudited) Three Months Ended October 31, Six Months Ended October 31, 2024 2023 2024 2023 Reconciliation of GAAP gross profit to non-GAAP gross profit: Gross profit on a GAAP basis $ 57,840 $ 41,113 $ 110,006 $ 81,662 Stock-based compensation expense (1) 8,311 8,993 16,719 17,509 Employer payroll tax expense related to employee stock-based compensation (2) 171 297 527 838 Gross profit on a non-GAAP basis $ 66,322 $ 50,403 $ 127,252 $ 100,009 Gross margin on a GAAP basis 61 % 56 % 61 % 56 % Gross margin on a non-GAAP basis 70 % 69 % 70 % 69 % Reconciliation of GAAP loss from operations to non-GAAP loss from operations: Loss from operations on a GAAP basis $ (75,288 ) $ (79,396 ) $ (147,874 ) $ (153,489 ) Stock-based compensation expense (1) 57,038 53,169 111,721 104,049 Employer payroll tax expense related to employee stock-based compensation (2) 1,090 1,274 2,362 3,774 Loss from operations on a non-GAAP basis $ (17,160 ) $ (24,953 ) $ (33,791 ) $ (45,666 ) Reconciliation of GAAP net loss per share to non-GAAP net loss per share: Net loss on a GAAP basis $ (65,972 ) $ (69,780 ) $ (128,799 ) $ (134,138 ) Stock-based compensation expense (1) 57,038 53,169 111,721 104,049 Employer payroll tax expense related to employee stock-based compensation (2) 1,090 1,274 2,362 3,774 Net loss on a non-GAAP basis $ (7,844 ) $ (15,337 ) $ (14,716 ) $ (26,315 ) GAAP net loss per share attributable to Class A and Class B common shareholders, basic and diluted $ (0.52 ) $ (0.59 ) $ (1.02 ) $ (1.15 ) Non-GAAP net loss per share attributable to Class A and Class B common shareholders, basic and diluted $ (0.06 ) $ (0.13 ) $ (0.12 ) $ (0.22 ) Weighted-average shares used in computing net loss per share attributable to Class A and Class B common stockholders, basic and diluted 127,870 118,656 126,434 117,125 (1) Stock-based compensation expense for gross profits and gross margin includes costs of subscription and cost of professional services as follows. Stock-based compensation expense for loss from operations includes total stock-based compensation expense as follows: Three Months Ended October 31, Six Months Ended October 31, 2024 2023 2024 2023 Cost of subscription $ 7,827 $ 8,514 $ 15,521 $ 16,570 Cost of professional services 484 479 1,198 939 Sales and marketing 20,802 18,226 39,635 35,005 Research and development 17,999 16,685 36,430 33,718 General and administrative 9,926 9,265 18,937 17,817 Total stock-based compensation expense $ 57,038 $ 53,169 $ 111,721 $ 104,049 (2) Employer payroll tax expense related to employee stock-based compensation for gross profits and gross margin includes costs of subscription and cost of professional services as follows. Employer payroll tax expense related to employee stock-based compensation for loss from operations includes total employer payroll tax expense related to employee stock-based compensation as follows: Three Months Ended October 31, Six Months Ended October 31, 2024 2023 2024 2023 Cost of subscription $ 163 $ 282 $ 489 $ 791 Cost of professional services 8 15 38 47 Sales and marketing 450 463 922 1,468 Research and development 231 415 595 1,232 General and administrative 238 99 318 236 Total employer payroll tax expense $ 1,090 $ 1,274 $ 2,362 $ 3,774 Reconciliation of free cash flow to the GAAP measure of net cash used in operating activities: The following table below provides a reconciliation of free cash flow to the GAAP measure of net cash used in operating activities for the periods presented: Three Months Ended October 31, Six Months Ended October 31, 2024 2023 2024 2023 Net cash used in operating activities $ (38,693 ) $ (48,590 ) $ (30,651 ) $ (44,654 ) Less: Purchases of property and equipment (815 ) (5,293 ) (1,739 ) (16,631 ) Capitalized software development costs — (1,250 ) — (2,750 ) Free cash flow $ (39,508 ) $ (55,133 ) $ (32,390 ) $ (64,035 ) Net cash provided by (used in) investing activities $ 22,635 $ (11,898 ) $ (18,915 ) $ (96,698 ) Net cash provided by financing activities $ 3,512 $ 3,055 $ 3,694 $ 5,532 View source version on businesswire.com : https://www.businesswire.com/news/home/20241209723558/en/ CONTACT: Investor Contact ir@c3.aiC3 AI Public Relations Edelman Lisa Kennedy (415) 914-8336 pr@c3.ai KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY ARTIFICIAL INTELLIGENCE SOURCE: C3.ai Copyright Business Wire 2024. PUB: 12/09/2024 04:05 PM/DISC: 12/09/2024 04:06 PM http://www.businesswire.com/news/home/20241209723558/enThe New York Jets are turning to one of their former general managers to help them find their next GM and head coach. The franchise announced Monday that The 33rd Team, a football media, analytics and consulting group founded by former Jets GM Mike Tannenbaum, will assist team owner Woody Johnson in the searches. Tannenbaum and Rick Spielman, former GM of the Miami Dolphins and Minnesota Vikings, will be The 33rd Team's primary representatives in helping find replacements for former coach Robert Saleh and GM Joe Douglas. The 33rd Team was founded in 2019 by Tannenbaum as a media and technology company. In their announcement, the Jets said The 33rd Team will help identify and vet GM and coach candidates and coordinate interviews. Douglas was fired last Tuesday , the latest shakeup for a franchise that had Super Bowl aspirations with a healthy Aaron Rodgers at quarterback but has limped to a 3-8 start and appears likely to miss the playoffs for a 14th consecutive year. Phil Savage, a senior football adviser with the Jets since 2019, will serve as the interim general manager for the rest of the season. The firing of Douglas came exactly six weeks after Johnson fired Saleh as coach on Oct. 8 after the Jets were 2-3 to open the season. New York has since gone 1-5 under defensive coordinator Jeff Ulbrich, who was tabbed as the interim coach. The Jets are coming off their bye-week break and will host the Seattle Seahawks on Sunday. The franchise has plenty of questions to answer over the next several months, including decisions on their next general manager and coach — and the future of Rodgers. The four-time NFL MVP turns 41 next week, has dealt with leg issues all season and is off to the worst statistical start of his career. Tannenbaum and Spielman will help the Jets find the people to help Johnson and brother Christopher make those key decisions. Johnson took a similar approach in 2015, the last time the Jets hired a general manager and coach in the offseason. Former NFL GMs Charley Casserly and Ron Wolf worked as consultants for the team, which hired Mike Maccagnan as GM and Todd Bowles as coach. Tannenbaum, currently an analyst for ESPN, has first-hand familiarity with Johnson and the franchise. He worked in the Jets' front office for nine years before being promoted to general manager and serving in that role from 2006 to 2012. Tannenbaum helped build the 2009 and 2010 Jets teams that went to the AFC championship game in consecutive seasons under coach Rex Ryan. Ryan, who last coached the Jets in 2014 and also is currently an analyst for ESPN, recently has been lobbying on air for a return to New York's sideline. Tannenbaum also was Miami’s executive vice president of football operations from 2015 to 2018. Spielman served as the Vikings’ general manager from 2012 to 2021 after working as the team’s vice president of player personnel for six years. He was also the Dolphins’ GM in 2004 and served as an adviser last year for the Washington Commanders in their GM and coaching searches. This story has been corrected to show that Spielman was formerly GM of the Minnesota Vikings instead of the Detroit Lions. AP NFL: https://apnews.com/hub/NFL

NoneMIAMI — Nikola Jovic has been out of view, but Miami Heat coach Erik Spoelstra said Friday that doesn’t mean the third-year big man has been out of mind. Entering Saturday night’s game against the Phoenix Suns at Kaseya Center, Jovic has been held out six consecutive games, including two due to a sprained left ankle, when he was not with the team for this week’s road losses to the Toronto Raptors and Boston Celtics. But the reduction in playing time goes back even further, with just 8:06 of action in the 106-89 victory over the Philadelphia 76ers on Nov. 18 and 5:32 of playing time in the 123-118 overtime victory over the Dallas Mavericks on Nov. 24. The last time there were substantial minutes for the No. 27 pick in the 2022 draft was when he went 31:02 as sixth man in the 119-110 road loss to Indiana Pacers on Nov. 17. That from a player who started the season’s first eight games at power forward. “He just has to stay with it,” Spoelstra said when asked after Friday’s practice at Kaseya Center of Jovic’s status. “You know that saying where, ‘You win the day?’ He has to win the day. Every day. “Is he guaranteed of playing in a game? No, he can’t control that right now. But he can control making me think about it, that for sure.” Since being shifted to the reserve rotation and then phased out, Jovic has seen minutes in the power rotation instead go to Haywood Highsmith, who has emerged as the Heat’s latest starter at power forward, as well as to Kevin Love and Kel’el Ware, who since has been sent to the G League for the same type of seasoning Jovic received in his first two seasons. So how does Jovic earn his way back? “The way to do that is in practice sessions, pre-practice, the approach at shootarounds, everything to be at a high level just to make you watch. And then, eventually, you get your opportunity, you can make me play you,” said Spoelstra, who has maneuvered through several rotation permutations amid this 10-10 start. “And then if you’re playing, you make me not even think about playing somebody else. And when you’re impacting winning and doing winning things and doing the detailed things with great effort and focus, that usually leads to those.” Maintaining perspective Spoelstra cautioned after Friday’s practice not to get too carried away with the magnitude of Wednesday night’s 134-93 victory over the visiting Los Angeles Lakers. “We have to move on,” Spoelstra said. “That’s something, this basketball team, we’ve been working on, is that consistently, sustain a high level of play. And I think it’s a good exercise for us. “Hopefully we have a lot more of these type of situations, where we have to manage playing well, and can we do it again? ... We want to build on what we did last game.” Ware’s debut Ware closed with 17 points on 7-of-14 shooting, 12 rebounds, two blocked shots and two steals in 27:43 in his G League debut in the Sioux Falls Skyforce’s 102-81 victory Thursday night over the Chicago Bulls’ affiliate, the Windy City Bulls. By contrast, Ware’s longest action in his 10 appearances with the Heat since being drafted No. 15 in June out of Indiana was 13:35 in the Heat’s 115-112 Nov. 6 road loss to the Suns. Ware remains with the Skyforce, who next play Sunday, with they host the Denver Nuggets’ affiliate in South Dakota. Josh Christopher, the other player under contract to the Heat who currently is with the Skyforce, led Sioux Falls in Thursday night’s victory with 30 points. It was the eighth consecutive game of 20 or more points with the Skyforce for Christopher, the guard who is under a two-way contract. Injury report Rookie guard Pelle Larsson turned his right ankle late in Friday’s practice and is listed as questionable for Saturday against the Suns. The only players listed as out are Ware and Christopher on their G League assignments. Forward Jimmy Butler is listed as probable with the knee soreness that had him out Monday in Boston before his Wednesday return against the Lakers. Also on the Heat injury report but listed as available are Jovic (ankle), Josh Richardson (heel) and Dru Smith (knee). ©2024 South Florida Sun-Sentinel. Visit sun-sentinel.com . Distributed by Tribune Content Agency, LLC.

USC signs veteran CB to class of 2025The Latest: Suspect in United Healthcare CEO's killing charged with weapons, forgery, other charges

Azerbaijani and US officials believe a Russian surface-to-air missile caused the deadly crash of an Azerbaijani passenger jet, media reports and a US official said Thursday, as the Kremlin cautioned against "hypotheses" over the disaster. The Azerbaijan Airlines jet crashed near the Kazakh city of Aktau, an oil and gas hub, on Wednesday after going off course for undetermined reasons. Thirty-eight of the 67 people on board died. The Embraer 190 aircraft was supposed to fly northwest from the Azerbaijani capital Baku to the city of Grozny in Chechnya, southern Russia, but instead diverted far off course across the Caspian Sea. An investigation is underway, with pro-government Azerbaijani website Caliber citing unnamed officials as saying they believed a Russian missile fired from a Pantsir-S air defence system downed the plane. The claim was also reported by The New York Times, broadcaster Euronews and the Turkish news agency Anadolu. Some aviation and military experts said the plane might have been accidentally shot by Russian air defence systems because it was flying in an area where Ukrainian drone activity had been reported. A former expert at France's BEA air accident investigation agency said there appeared to be "a lot of shrapnel" damage on the wreckage. Speaking on condition of anonymity, he said the damage was "reminiscent" of Malaysia Airlines flight MH17, which was downed with a surface-to-air missile by Russia-backed rebels over eastern Ukraine in 2014. Kremlin spokesman Dmitry Peskov told reporters: "It would be wrong to make any hypotheses before the investigation's conclusions." Euronews cited Azerbaijani government sources as saying that "shrapnel hit the passengers and cabin crew as it exploded next to the aircraft mid-flight". A US official, speaking on condition of anonymity, also said early indications suggested a Russian anti-aircraft system struck the plane. Kazakhstan news agency Kazinform cited a regional prosecutor as saying that two black-box flight recorders had been recovered. Azerbaijan Airlines initially said the plane flew through a flock of birds, before withdrawing the statement. Kazakh officials said 38 people had been killed and there were 29 survivors, including three children. Jalil Aliyev, the father of flight attendant Hokume Aliyeva, told AFP that this was supposed to have been her last flight before starting a job as a lawyer for the airline. "Why did her young life have to end so tragically?" the man said in a trembling voice before hanging up the phone. Eleven of the injured are in intensive care, the Kazakh health ministry said. Azerbaijani President Ilham Aliyev declared Thursday a day of mourning and cancelled a planned visit to Russia for an informal summit of the Commonwealth of Independent States (CIS), a grouping of former Soviet nations. "I extend my condolences to the families of those who lost their lives in the crash... and wish a speedy recovery to the injured," Aliyev said in a social media post Wednesday. The Flight Radar website showed the plane deviating from its normal route, crossing the Caspian Sea and then circling over the area where it eventually crashed near Aktau, on the eastern shore of the sea. Kazakhstan said the plane was carrying 37 Azerbaijani passengers, six Kazakhs, three Kyrgyz and 16 Russians. A Kazakh woman told the local branch of Radio Free Europe/Radio Liberty (RFE/RL) she was near where the plane crashed and rushed to the site to help survivors. "They were covered in blood. They were crying. They were calling for help," said the woman, who gave her name as Elmira. She said they saved some teenagers. "I'll never forget their look, full of pain and despair," said Elmira. "A girl pleaded: 'Save my mother, my mother is back there'." Russian President Vladimir Putin held a phone conversation with Aliyev and "expressed his condolences in connection with the crash", Peskov told a news conference. bur/rlp/js

KANSAS CITY, Mo. (AP) — The Kansas City Chiefs earned a much-deserved extended rest after their Christmas Day rout of the Pittsburgh Steelers, which capped an unbeaten stretch of three games in 11 days and . That extended rest? Well, it can be just about as long as Chiefs coach Andy Reid wants it to be. The Chiefs (15-1) face the Broncos in their regular-season finale next weekend, a game whose kickoff remains up in the air. But it will be at least 10 days after their 29-10 win in Pittsburgh, a nice rest for a weary team whose bye was back in Week 6. But with nothing to play for in that game, Reid could conceivably give some of his most important players the entire week off ahead of the playoffs. And now that , that means they wouldn't face anybody until at least Jan. 18 in the divisional round, meaning a full 24 days between games. “It's been almost 10 weeks of football, grinding on this short schedule at the very end of the year,” Chiefs quarterback Patrick Mahomes said. “We'll see how Week 18 goes — who plays, who doesn't play. That's up to Coach. But having this break, getting healthy, getting ourselves ready for the playoffs, it was super important, especially with the guys we have banged up.” The Chiefs dominated the Steelers without four-time All-Pro defensive tackle Chris Jones, who was resting his sore calf on Wednesday. They also have not had cornerback Chamarri Conner, who has been out with a concussion, or D.J. Humphries, the former Pro Bowl left tackle who appeared in one game for Kansas City before straining his hamstring. All of them figure to be healthy for the playoffs. The same for guys who have been dealing with minor injuries, such as right tackle Jawaan Taylor, who played against the Steelers despite straining his hamstring the previous week against Houston, and running back Isiah Pacheco, who dinged up his ribs in the win in Pittsburgh. “It will definitely help with some of the guys that are banged up, to get guys back, freshened up a little bit,” said Reid, who has rested important players in Week 18 in the past, including last season against the Chargers. “I think it will be a positive for us.” The trick is to decide exactly how much rest to give everyone. For those dealing with injuries, that full 24-day span without a game could be exactly what they need. For others, it might be too long between games, and getting at least a half of play against the Broncos would help prevent some rust from setting in. “I was just talking to my family about it,” Chiefs cornerback Trent McDuffie said. “My rookie year, we were able to get, you know, all home games, and you just can't be out (on the road) in the playoffs. I mean, I'm excited to go out there. I know we got the first round, you know, off, but I mean, I can't wait to play now.” What’s working The Chiefs won the Super Bowl last season with a wide receiver group that — outside of Rashee Rice — was lacking in dynamic ability. But with the trade for DeAndre Hopkins, the return of Hollywood Brown from an injury and the emergence of rookie Xavier Worthy, the Chiefs have gone from a position of peril to one of profound strength. What needs help The Chiefs have struggled to the run the ball consistently the past few weeks. Pacheco gained just 18 yards on six carries before hurting his ribs against Pittsburgh, and Kareem Hunt was held to 20 yards on nine carries — a 2.2-yard average. Stock up Worthy has smashed through the rookie wall, just as Rice did at this point last season, and has proven to be more than a speedster. He had eight catches for 79 yards and a touchdown Wednesday, giving him at least five catches in each of his past five games. Stock down Pacheco has not been the same after missing more than two months to injury. He has been held to 55 yards rushing or fewer in each of his past five games, and he's averaging just 2.7 yards per carry over his past three. Injuries There were no significant injuries sustained against the Steelers. Key number 77 — Travis Kelce caught his 77th touchdown pass, breaking a tie with Hall of Famer Tony Gonzalez for the Chiefs record. Kelce finished with eight catches for 84 yards and a score against Pittsburgh, making him the third tight end in NFL history with at least 1,000 receptions. Gonzalez had 1,325 and Jason Witten had 1,228 while Kelce has 1,004 and counting. Next steps The Chiefs get the long weekend off before deciding who will play in Denver in their regular-season finale. ___ AP NFL: Dave Skretta, The Associated Press

Syria's Assad: the president who led a bloody crackdownWith each team coming off a come-from-behind win, West Virginia and North Carolina Central square off Tuesday night in Morgantown, W.Va. West Virginia (6-2) has won two straight games and is in the midst of a 16-day, four-game homestand that kicked off with a 73-60 win over Georgetown in the Big 12-Big East Battle on Friday night. North Carolina Central (4-7) comes off a 78-77 road win over Gardner-Webb on Saturday night. Javon Small led the Mountaineers with a game-high 26 points against Georgetown as they overcame a second-half deficit with a decisive run. "The way we played in the second half (against Georgetown), I'll take that team everywhere," West Virginia coach Darian DeVries said. "You have to be able to do that every single night, every single possession you don't always get to go on a 16-0 run to pull you out of it. That's where we are still growing as a team." Eduardo Andre was questionable for the Georgetown game after he missed the Mountaineers' 83-76 overtime win against Arizona on Nov. 29. But the fifth-year senior center returned with four points, three rebounds and four blocks. "It was good to have him back in the lineup for a reason," DeVries said. "That presence, especially defensively and the ability to block shots, that's a huge deal for us." Against Gardner-Webb, Po'Boigh King led NCCU with 28 points, well above his 17.4 points per game average, as the Eagles rallied from a 17-point second-half deficit to win on a late 3-pointer from Isaac Parson. On offense, the Eagles take care of the ball. They are seventh in the nation in turnover margin at plus-7.5 per game. They seek extra possessions on defense and are second nationally with 18.9 turnovers forced per game "We're good enough, we just need to fine tune some things," NCCU coach LeVelle Moton said. "We've got to cross some T's, dot some I's and close. We can't be a really good basketball team until we get the mindset that when winning time presents itself in the last five minutes, (the other team) has to earn it." --Field Level MediaWilling to lead INDIA bloc if given opportunity: Mamata

To learn more about HereHear, please visit: https://www.youtube.com/watch?v=ngU32WgiWf4 "HereHear is here in the US, and I am truly grateful to the Berkeley Skydeck IPP Program for recognizing its potential," noted Lynia Huang , Bamboo Technology's CEO. "As important as mental health has become in recent years, there is a shortage of mental health providers and access to support is low — and HereHear is paving the way for AI to bridge that gap as a first line of defense." A growing case for incorporating AI into mental healthcare With data showing that the US is in a mental health crisis, the CDC recently noted a dire need for public health initiatives that create environments centered around mental health. Specific to the workplace, the Society for Human Resource Management's Employee Mental Health in 2024 Research Series found that 44% of US employees feel burned out at work. The combination of a shortage of mental health providers in the US with the flourishing capabilities of AI builds a strong case for the technology to be deployed in the form of human-guided mental health solutions. HereHear's YangYang: A personalized 3D virtual therapist As organizations seek out ways to empower team members to take better care of their mental health, AI is increasingly emerging as a solution for on-demand, personalized support. Offering a more engaging interaction than chatbots, HereHear's 3D virtual therapist YangYang was launched in January 2024 and offers: Sophisticated vocal and emotional analysis: Aligned with professional assessment scales, it analyzes voice features in 30 seconds to detect levels of stress, depression and happiness, assessing both verbal and nonverbal cues. Broad accessibility : Multiple languages and real-time, personalized support Powered by AI and deep learning: Continuously learns from patient interaction YangYang has already been implemented in several therapy clinics and has helped 70% of users improve stress and depression levels by 25% within 3 months. Taking the form of a sheep further distinguishes her — this functions both to provide a 'cute' aspect lending to the warm, healing emotional support she provides, while also helping users who are struggling emotionally to keep in perspective that their interactions are ultimately not with a human. Bringing success in Taiwan to the US market Bamboo Technology's acceptance into the Berkeley Skydeck IPP Program is a major accomplishment as the platform seeks to enter the US market. Batch 19 has only 117 startups out of around 2300 applications, and the program will support HereHear to develop, pilot and launch, as well as to pitch for funding. The company aims to target the app in the human resources space—as a tool for companies to offer staff for on-demand, privacy-first mental health support. Back in Taiwan , the app already has hospitals, mental health clinics, universities, publicly listed companies, and government agencies that use it, similarly spurred by a shortage of mental health workers. About Bamboo Technology Established in November 2018 , the Taipei -based Bamboo Technology is a mental health technology innovation company that focuses on improving public mental health with voice emotion analysis technology. It embraces a belief that a universal, objective, and scientific mental health system can effectively solve the problem of deteriorating mental health in today's society — a core tenet upheld by its many psychologists; social workers; and information management, AI and big data experts. View original content to download multimedia: https://www.prnewswire.com/news-releases/bamboo-technologys-herehear-virtual-ai-therapist-joins-berkeley-skydeck-ipp-program-302325187.html SOURCE BAMBOO TECHNOLOGY LTD.