Synchronoss Technologies Inc 2025年季度报告

(Registrant’s telephone number, including area code) Indicate by check mark whether the registrant: (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 duringthe preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements forthe past 90days.YesxNo¨ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 ofRegulationS-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required to submit such files).YesxNo¨ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer andlarge accelerated filer” in Rule12b-2 of the Exchange Act. (Check one): Large accelerated filerNon-accelerated filerEmerging growth company Accelerated filerxSmaller Reporting Company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new orrevised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes☐No Securities registered pursuant to Section 12(b) of the Act: SYNCHRONOSS TECHNOLOGIES, INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS See accompanying notes to condensed consolidated financial statements. SYNCHRONOSS TECHNOLOGIES, INC.CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) SYNCHRONOSS TECHNOLOGIES, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS — UNAUDITED Note 1.Description of Business General Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) is a leading provider of white label cloud software and services thatenable our customers to keep subscribers, systems, networks, and content in sync. backup and protect, engage with, and manage their personal content and gives our operator customers the ability to increase average revenueper user (“ARPU”) and reduce churn. Designed for smartphones, tablets, and desktops across all operating systems, our platform ensures a seamless cross-device experience. Note 2.Basis of Presentation and Consolidation The accompanying interim unaudited condensed consolidated financial statements have been prepared by Synchronoss and, in the opinionof management, include all adjustments necessary for a fair presentation of the Company’s financial position, results of operations, and cashflows for the interim periods. They do not include all of the information and footnotes required by U.S. generally accepted accounting The condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All materialintercompany transactions and accounts are eliminated in consolidation. Unless otherwise noted, tables are presented in U.S. dollars in thousands. Certain columns and rows may not add due to the use of roundednumbers. Percentages and Earnings per share (“EPS”) amounts presented are calculated from the underlying numbers in thousands. We mayreclassify certain prior year amounts to conform with current year presentation. For further information about the Company’s basis of presentation and consolidation or its significant accounting policies, refer to theconsolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended December Recently Issued Accounting Standards SYNCHRONOSS TECHNOLOGIES, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS — UNAUDITED Note 3.Revenue Disaggregation of Revenue The Company disaggregates revenue from contracts with customers into the nature of the services and geographical regions. TheCompany’s geographic regions are the North America, Europe, the Middle East and Africa (“EMEA”), and Asia Pacific (“APAC”). The Trade Accounts Receivable and Contract Balances The Company classifies its right to consideration in exchange for deliverables as either a receivable or a contract asset. A Table of Content SYNCHRONOSS TECHNOLOGIES, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS — UNAUDITED receivable is a right to consideration that is unconditional (i.e., only the passage of time is required before payment is due). For example, theCompany recognizes a receivable for revenues related to its time and materials and volume-based contracts. The Company presents suchreceivables in Trade accounts receivable, net on the Condensed Consolidated Balance Sheets at their net estimated realizable value. The A contract asset is a right to consideration that is conditional upon factors other than the passage of time. For example, the Company wouldrecord a contract asset if