Related Articles
? Executive Summary – a general description of our business and key highlights of
the three and six months ended
? Critical Accounting Estimates – a discussion of critical accounting estimates
requiring judgments and the application of critical accounting policies.
? Results of Operations – an analysis of our results of operations in our
condensed consolidated financial statements.
Liquidity and Capital Resources – an analysis of cash flows, sources and uses
? of cash, commitments and contingencies, and quantitative and qualitative
disclosures about market risk.
Executive Summary
Our clients are primarily public and private schools, school districts, and charter boards. Additionally, we offer solutions to employers, government agencies and consumers.
Environmental, Social and Governance
Critical Accounting Estimates
Table of Contents
Results of Operations
Impacts of COVID-19 on Stride’s Business
Lines of Revenue
Enrollment Data
(23.6%) 111.5 146.1 (34.6) (23.7)% Career Learning (1) (2)
Enrollments reported for the first quarter are equal to the official count (1) date number, which was
year 2023 and
(2) No enrollments are included in Career Learning for Galvanize, Tech Elevator
Support Services – We offer a broad range of support services, including marketing and enrollment, supporting prospective students through the admission process, assessment management, administrative support (e.g., budget
Table of Contents
Financial Information
The following table sets forth statements of operations data and the amounts as a percentage of revenues for each of the periods indicated:
Six Months Ended
Comparison of the Three Months Ended
Table of Contents
the same period in the prior year. The decrease in the effective tax rate for the three months ended
Comparison of the Six Months Ended
Liquidity and Capital Resources
Table of Contents
represents an initial conversion price of approximately
Operating Activities
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