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We've made incredible progress on this top priority and have become a trusted and leading voice for security bestpractices in discussions with customers and prospects. And how much visibility does this give you kind of in cRPO acceleration, for example, as those longer-duration contracts amortize into the current category?
Sales and marketing expense, excluding Shopify-related amortization expenses, stock based compensation, and acquisition related intangibles amortization, was $18.9 Shopify warrant-related amortization expense was $37.4 million or 11.3% of revenue, compared to $12 million or 9% of revenue in the same period last year.
to 6.2%, which contributed to somewhat higher amortization in the quarter. So higher amortization will be a theme for servicing, as well as some pressure on net interest income due to the custodial deposits we manage, which are sensitive to the Fed funds rate. We expect CPRs to continue rising in fourth quarter and throughout 2025.
SentinelOne leads the industry with best-in-class AI-powered security and customer transparency. Mission-critical businesses around the world rely on our technology, platform architecture, and engineering bestpractices. This was an avoidable incident that was born under disregard for software deployment bestpractices.
With a positive outlook, all of our prioritized structures are in conformance with the standard with ongoing action plans to ensure that the bestpractices are in place. We have a very strong balance sheet, amortizations. Debt amortization is very smooth over the years.
The growth was primarily driven by a larger base of operating studios, which contribute to a higher number of franchise license revenue being amortized in addition to higher royalties generated by the increase in systemwide sales and positive same-store sales growth. Depreciation and amortization expense was $4.2
million of depreciation expense million of cloud computing amortization, $31.1 From an overall debt perspective, I would expect our total gross debt to decline a little bit both in 2025 and beyond through the amortization of the principal of the WBS security. Adjusted EBITDA increased 8.6% Danilo Gargiulo -- Analyst Great.
million of amortization for acquired intangible assets, and $9.4 Non-GAAP gross margin excludes stock-based compensation expense and acquisition-related amortization. For example, sometimes, we find that for short lead time orders, making it in our India factory and shipping it to Europe provides best results. million for Q3.
While we were acknowledged across our HCM suite, the core leadership framework that we launched a year ago won gold for the best advance in online coaching tools. The framework enables customers to evaluate the efficacy of their leaders, reinforce leadership bestpractices, and to trigger development paths based on areas of growth identified.
Total operating expenses, excluding equity-based compensation and depreciation and amortization, were $46.2 Mark Jones Jr. -- Chief Financial Officer That's a bestpractice that we preach with our agent workforce is you want to try and capture a full share of wallet, get as many lines of business as you can with a client as possible.
times more productive than industry bestpractice, and our average commission rate is higher than the average commission rate in the industry. Jones -- Chief Financial Officer Yes. I don't have those stats off the top of my head, but I know that our Goosehead agents are 2.5
It reaffirms our dedication to fostering cultural bestpractices that not only enhance employee engagement but also deliver tangible business results. Adjusted gross profit margin, excluding depreciation and amortization, was 80%, in line with our long-term targets.
See the 10 stocks » *Stock Advisor returns as of July 29, 2024 Please note that when we discuss all of our expense figures, they will exclude stock-based compensation and related payroll taxes, as well as depreciation and amortization, and certain other items. With that, I'd like to turn the call over to Evan.
We did disclose that the total cost of what we went live and what we placed in -- what we went live with in Q2 was approximately $10 million, and we will be amortizing that over 10 years. We have not disclosed the individual year that we've -- within the individual year how much we have been spending on IT.
By selectively applying industry bestpractices, we expect to build the operational foundation that will drive future revenue growth and margin expansion. We expect our quarterly depreciation and amortization expense to continue to range between $7.2 million to $4 million. million to $2.4 million per quarter. million and $7.5
During the event, over 2,000 attendees came together to celebrate achievements in 2023, share bestpractices, and set the strategy for 2024. The decrease was driven by lower costs of amortized franchise license commissions in the period. Depreciation and amortization expense was 4.2 million, down 5% year over year.
Over the last several years, we've been implementing improved systems for managing both personnel and process safety, leveraging bestpractices from across our company and industry, our own and others. As I look at people's models, I think sometimes they struggle to get depreciation and amortization, right?
Combining the teams, their technologies and bestpractices, as well as their complementary geographical footprint, should compound constructively to the benefit of our shareholders.
Finally, productivity measurement framework, allowing tailoring of engineering and agile bestpractices for continuous improvements of individual and team productivity in AI-assisted development environment. Amortization of intangibles is expected to be approximately $26 million for the year, evenly spread across each quarter.
In September, due to held-for-sale accounting treatment, we discontinued recording depreciation and amortization on the assets involved in the transaction. I mean, we have specific criteria for what is an attractive new oncologist, new practice, or a new addition to the US Oncology Network. This had a $0.04
GAAP operating expenses were $727 million, including share-based compensation, amortization of acquired intangible assets, restructuring costs, and acquired -- and acquisition-related costs. As a result, we continue to target non-GAAP gross margin returning to the bottom end of our long-term model of 64% to 66% in the fourth quarter.
We have been sharing bestpractices from agents at Compass who specialize in representing buyers for illustration and inspiration. million in the same period a year ago and includes noncash charges such as 36 million of noncash stock-based compensation expense and 22 million of depreciation and amortization expense.
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