GAAP and Adj. Operating Income / (Loss) Adjusted Operating Income / (Loss) GAAP Operating Income / (Loss) $150 $130 $93 $79 $60 (2)% $15 23% (5)% 19% 16% 14% (11)% 12% (16)% (19)% 3% $(6) $(19) (28)% (29)% $(62) $(73) (42)% (55)% $(133) $(161) $(172) $(209) (79)% (81)% $(244) (90)% $(287) $(310) $(360) FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Operating Income / (Loss) ($M) Operating Margin Adj. Operating Income / (Loss) ($M) Adj. Op Margin Notes: 1. Adjusted Operating Income is calculated as GAAP operating loss, excluding: (a) depreciation and amortization; (b) stock-based compensation included in GAAP operating loss; (c) expenses related to warrants and share-based payments granted to enterprise partners; (d) restructuring costs included in GAAP operating loss; and (e) certain other costs 20 2. Metrics are unaudited