0001178913-23-003565.txt : 20231108 0001178913-23-003565.hdr.sgml : 20231108 20231108063025 ACCESSION NUMBER: 0001178913-23-003565 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20231108 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20231108 DATE AS OF CHANGE: 20231108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KALTURA INC CENTRAL INDEX KEY: 0001432133 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 208128326 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40644 FILM NUMBER: 231385866 BUSINESS ADDRESS: STREET 1: 250 PARK AVENUE SOUTH STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10003 BUSINESS PHONE: 646 262-9144 MAIL ADDRESS: STREET 1: 250 PARK AVENUE SOUTH STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10003 8-K 1 form8k.htm 8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
 
Date of Report (Date of earliest event reported):  November 8, 2023
 
Kaltura Inc
(Exact name of Registrant as Specified in Its Charter)

Delaware
 
001-40644
 
20-8128326
(State or Other Jurisdiction
of Incorporation)
 
(Commission File Number)
 
(IRS Employer
Identification No.)

860 Broadway
3rd Floor
New York, New York 10003
(Address of Principal Executive Offices) (Zip Code)
 
 (646) 290-5445
 (Registrant’s telephone number, including area code)

N/A
(Former Name or Former Address, if Changed Since Last Report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).

 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).

 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).

 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).
 
Securities registered pursuant to Section 12(b) of the Act:

Title of each class
 
Trading
Symbols
 
Name of each exchange
on which registered
Common stock, par value $0.0001 per share
 
KLTR
 
The Nasdaq Stock Market LLC
Preferred Stock Purchase Rights
 
N.A
 
(1)

(1) Attached to the common stock

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
 
Emerging growth 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 or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



Item 2.02. Results of Operations and Financial Condition.

On November 8, 2023 , Kaltura, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended September 30, 2023. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information contained in this Item 2.02, including Exhibit 99.1 hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filings, unless expressly incorporated by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.
 
(d) Exhibits.

Exhibit No.

Description

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)



SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
KALTURA, INC.
 
       
 
By:
/s/ Yaron Garmazi
 
 
Name:
Yaron Garmazi
 
 
Title:
Chief Financial Officer
 

Date: November 8, 2023


 
EX-99.1 2 exhibit_99-1.htm EXHIBIT 99.1

Exhibit 99.1

Kaltura Announces Financial Results for Third Quarter 2023

NEW YORK, November 8, 2023 -- Kaltura, Inc. (“Kaltura” or the “Company”), the video experience cloud, today announced financial results for the third quarter ended September 30, 2023, as well as outlook for the fourth quarter and full year 2023.

“This quarter, for the fourth quarter in a row, we posted record subscription revenue, and our year-over-year total revenue growth rate was the highest since the first quarter of 2022. We are also pleased to share that our focused efforts on returning to profitability have borne fruit, and that we achieved this quarter adjusted EBITDA profits for the first time since 2020, as well as positive cash flow from operations.  We are slightly raising again our revenue and adjusted EBITDA guidance for the full year, and are reaffirming our plans to achieve a positive adjusted EBITDA in 2024,” said Ron Yekutiel, Co-founder, Chairman and Chief Executive Officer of Kaltura. “Over the quarter we continued to see growing demand for consolidation around Kaltura across a wide array of on-demand, live, and real-time video use-cases for both employees, customers, and prospects. This continued to drive larger deals with new customers, and expansions with existing ones.”

Third Quarter 2023 Financial Highlights:


Revenue for the third quarter of 2023 was $43.5 million, an increase of 6% compared to $41.1 million for the third quarter of 2022.


Subscription revenue for the third quarter of 2023 was $40.8 million, an increase of 8% compared to $37.9 million for the third quarter of 2022.


Annualized Recurring Revenue (ARR) for the third quarter of 2023 was $163.1 million, an increase of 7% compared to $152.9 million for the third quarter of 2022.


GAAP Gross profit for the third quarter of 2023 was $27.7 million, representing a gross margin of 64%, compared to a GAAP gross profit of $26.4 million and gross margin of 64% for the third quarter of 2022. 


Non-GAAP Gross profit for the third quarter of 2023 was $28.1 million, representing a non-GAAP gross margin of 65%, compared to a non-GAAP gross profit of $26.8 million and non-GAAP gross margin of 65% for the third quarter of 2022


GAAP Operating loss was $8.3 million for the third quarter of 2023, compared to an operating loss of $14.9 million for the third quarter of 2022.


Non-GAAP Operating loss was $0.8 million for the third quarter of 2023, compared to a non-GAAP operating loss of $7.6 million for the third quarter of 2022.


GAAP Net loss was $10.7 million or $0.08 per diluted share, for the third quarter of 2023, compared to a GAAP net loss of $19.4 million, or $0.15 per diluted share, for the third quarter of 2022.


Non-GAAP Net loss was $3.2 million or $0.02 per diluted share for the third quarter of 2023, compared to a non-GAAP net loss of $12.2 million, or $0.09 per diluted share, for the third quarter of 2022.


Adjusted EBITDA was $0.3 million for the third quarter of 2023, compared to adjusted EBITDA of $(7.2) million for the third quarter of 2022.


Net Cash Provided by (Used in) Operating Activities was $1.7 million for the third quarter of 2023, compared to $1.1 for the third quarter of 2022.

Third Quarter 2023 Business Highlights:


Closed three seven-digit deals and twelve six-digit deals.

Hosted our third annual Virtually Live! event, with thousands of registrants, discussing how to best reach and excite audiences through virtual and hybrid events, including leveraging innovative AI tools.

Salesforce utilized Kaltura for their flagship event, Dreamforce, and incorporated Kaltura-powered AI enrichment services for content repurposing.

Launched our new AI assistant for webinars and events, and a new AI-based content discovery experience, and also kicked off Kaltura's AI Accelerator Program, with 15 pioneering Gen-AI startups collaborating with 10 large Kaltura customers across various industries.



Financial Outlook:

For the fourth quarter of 2023, Kaltura currently expects:


Subscription Revenue to grow by negative 3% to positive 1% year-over-year to between $38.4 million and $39.8 million.

Total Revenue to decrease by 7% to 4% year-over-year to between $40.8 million and $42.3 million.

Adjusted EBITDA to be negative in the range of $1.1 million to $0.6 million.

For the full year ending December 31, 2023, Kaltura currently expects:


Subscription Revenue to grow by 5% to 6% year-over-year to between $160.3 million and $161.7 million.

Total Revenue to grow by approximately 2% year-over-year to between $171.5 million and $173.0 million.

Adjusted EBITDA to be negative in the range of $4.5 million to $4.0 million.

The guidance provided above contains forward-looking statements and actual results may differ materially. Refer to “Forward-Looking Statements” below for information on the factors that could cause our actual results to differ materially from these forward-looking statements. Kaltura has not provided a quantitative reconciliation of forecasted Adjusted EBITDA to forecasted GAAP net loss within this press release because the Company is unable, without making unreasonable efforts, to calculate certain reconciling items with confidence. The reconciliation for Adjusted EBITDA includes but is not limited to the following items: stock-based compensation expenses, depreciation, amortization, financial expenses (income), net, provision for income tax, and other non-recurring operating expenses. These items, which could materially affect the computation of forward-looking GAAP net loss, are inherently uncertain and depend on various factors, some of which are outside of the Company’s control.

Additional information on Kaltura’s reported results, including a reconciliation of the non-GAAP financial measures to their most comparable GAAP measures, is included in the financial tables below.

Conference Call

Kaltura will host a conference call today November 8, 2023 to review its third quarter 2023 financial results and to discuss its financial outlook.

 
Time:
8:00 a.m. ET
 
 
United States/Canada Toll Free:
1-877-300-8521
 
 
International Toll:
1-412-317-6026
 
        
A live webcast will also be available in the Investor Relations section of Kaltura’s website at: https://investors.kaltura.com/news-and-events/events.

A replay of the webcast will be available in the Investor Relations section of the company’s web site approximately two hours after the conclusion of the call and remain available for approximately 30 calendar days.

About Kaltura

Kaltura’s mission is to power any video experience for any organization. Our Video Experience Cloud offers live, real-time, and on-demand video products for enterprises of all industries, as well as specialized industry solutions, currently for educational institutions and for media and telecom companies. Underlying our products and solutions is a broad set of Media Services that are also used by other cloud platforms and companies to power video experiences and workflows for their own products. Kaltura’s Video Experience Cloud is used by leading brands reaching millions of users, at home, at school and at work, for communication, collaboration, training, marketing, sales, customer care, teaching, learning, virtual events, and entertainment experiences.



Investor Contacts:
Kaltura
Yaron Garmazi
Chief Financial Officer
IR@Kaltura.com

Sapphire Investor Relations
Erica Mannion and Michael Funari
IR@Kaltura.com
+1 617 542 6180

Media Contacts:
Kaltura
Lisa Bennett
pr.team@kaltura.com

Headline Media
Raanan Loew
raanan@headline.media
+1 347 897 9276

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including but not limited to, statements regarding our future financial and operating performance, including our guidance and profitability targets; our business strategy, plans and objectives for future operations; customer preferences and trends in demand for our offerings; and general business conditions.

In some cases, you can identify forward-looking statements by terminology such as “aim,” “anticipate,” “assume,” “believe,” “contemplate,” “continue,” “could,” “due,” “estimate,” “expect,” “goal,” “intend,” “may,” “objective,” “plan,” “predict,” “potential,” “positioned,” “seek,” “should,” “target,” “will,” “would” and other similar expressions that are predictions of or indicate future events and future trends, or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Any forward-looking statements contained herein are based on our historical performance and our current plans, estimates and expectations and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent our expectations as of the date of this press release. Subsequent events may cause these expectations to change, and we disclaim any obligation to update the forward-looking statements in the future, except as required by law. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially from our current expectations. Important factors that could cause actual results to differ materially from those anticipated in our forward-looking statements include, but are not limited to, our ability to successfully execute or achieve the expected benefits of our reorganization plans and other cost saving measures, our ability to manage and sustain our rapid growth; our ability to achieve and maintain profitability; the evolution of the markets for our offerings; the quarterly fluctuation in our results of operations; our ability to retain our customers; our ability to keep pace with technological and competitive developments; our ability to maintain the interoperability of our offerings across devices, operating systems and third-party applications; our reliance on third parties; our ability to retain our key personnel; risks related to our international operations; and the other risks under the caption “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022, filed with the Securities and Exchange Commission (“SEC”), as such factors are updated in our Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2023 and as may be updated from time to time in our other filings with the SEC, which are accessible on the SEC’s website at www.sec.gov and the Investor Relations page of our website at investors.kaltura.com.


Non-GAAP Financial Measures

Kaltura has provided in this press release and the accompanying tables measures of financial information that have not been prepared in accordance with generally accepted accounting principles in the U.S. ("GAAP"), including non-GAAP gross profit, non-GAAP gross margin (calculated as a percentage of revenue), non-GAAP research and development expenses, non-GAAP sales and marketing expenses, non-GAAP general and administrative expenses, non-GAAP operating loss, non-GAAP operating margin (calculated as a percentage of revenue), non-GAAP net loss, non-GAAP net loss per share and Adjusted EBITDA. Kaltura defines these non-GAAP financial measures as the respective corresponding GAAP measure, adjusted for, as applicable: (1) stock-based compensation; (2) the amortization of acquired intangibles; (3) restructuring ; and (4) facility exit and transition costs. Kaltura defines EBITDA as net profit (loss) before financial expenses, net, provision for income taxes, and depreciation and amortization expenses. Adjusted EBITDA is defined as EBITDA (as defined above), adjusted for the impact of certain non-cash and other items that we believe are not indicative of our core operating performance, such as non-cash stock-based compensation expenses and other non-recurring operating expenses. We believe these non-GAAP financial measures provide useful information to management and investors regarding certain financial and business trends relating to Kaltura’s financial condition and results of operations. These non-GAAP metrics are a supplemental measure of our performance, are not defined by or presented in accordance with GAAP, and should not be considered in isolation or as an alternative to net profit (loss) or any other performance measure prepared in accordance with GAAP. Non-GAAP financial measures are presented because we believe that they provide useful supplemental information to investors and analysts regarding our operating performance and are frequently used by these parties in evaluating companies in our industry. By presenting these non-GAAP financial measures, we provide a basis for comparison of our business operations between periods by excluding items that we do not believe are indicative of our core operating performance. We believe that investors’ understanding of our performance is enhanced by including these non-GAAP financial measures as a reasonable basis for comparing our ongoing results of operations. Additionally, our management uses these non-GAAP financial measures as supplemental measures of our performance because they assist us in comparing the operating performance of our business on a consistent basis between periods, as described above. Although we use the non-GAAP financial measures described above, such measures have significant limitations as analytical tools and only supplement but do not replace, our financial statements in accordance with GAAP. See the tables below regarding reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measures.

Key Financial and Operating Metrics

Annualized Recurring Revenue. We use Annualized Recurring Revenue (“ARR”) as a measure of our revenue trend and an indicator of our future revenue opportunity from existing recurring customer contracts. We calculate ARR by annualizing our recurring revenue for the most recently completed fiscal quarter. Recurring revenues are generated from SaaS and PaaS subscriptions, as well as term licenses for software installed on the customer's premises (“On-Prem”). For the SaaS and PaaS components, we calculate ARR by annualizing the actual recurring revenue recognized for the latest fiscal quarter. For the On-Prem component for which revenue recognition is not ratable across the license term, we calculate ARR for each contract by dividing the total contract value (excluding professional services) as of the last day of the specified period by the number of days in the contract term and then multiplying by 365. Recurring revenue excludes revenue from one-time professional services and setup fees. ARR is not adjusted for the impact of any known or projected future customer cancellations, upgrades or downgrades or price increases or decreases. The amount of actual revenue that we recognize over any 12-month period is likely to differ from ARR at the beginning of that period, sometimes significantly. This may occur due to new bookings, cancellations, upgrades or downgrades, pending renewals, foreign exchange rate fluctuations, professional services revenue and acquisitions or divestitures. ARR should be viewed independently of revenue as it is an operating metric and is not intended to be a replacement or forecast of revenue. Our calculation of ARR may differ from similarly titled metrics presented by other companies.

Net Dollar Retention Rate. Our Net Dollar Retention Rate, which we use to measure our success in retaining and growing recurring revenue from our existing customers, compares our recognized recurring revenue from a set of customers across comparable periods. We calculate our Net Dollar Retention Rate for a given period as the recognized recurring revenue from the latest reported fiscal quarter from the set of customers whose revenue existed in the reported fiscal quarter from the prior year (the numerator), divided by recognized recurring revenue from such customers for the same fiscal quarter in the prior year (denominator). For annual periods, we report Net Dollar Retention Rate as the arithmetic average of the Net Dollar Retention Rate for all fiscal quarters included in the period. We consider subdivisions of the same legal entity (for example, divisions of a parent company or separate campuses that are part of the same state university system) to be a single customer for purposes of calculating our Net Dollar Retention Rate. Our calculation of Net Dollar Retention Rate for any fiscal period includes the positive recognized recurring revenue impacts of selling new services to existing customers and the negative recognized recurring revenue impacts of contraction and attrition among this set of customers. Our Net Dollar Retention Rate may fluctuate as a result of a number of factors, including the growing level of our revenue base, the level of penetration within our customer base, expansion of products and features, and our ability to retain our customers. Our calculation of Net Dollar Retention Rate may differ from similarly titled metrics presented by other companies.

Remaining Performance Obligations. Remaining Performance Obligations represents the amount of contracted future revenue that has not yet been delivered, including both subscription and professional services revenues. Remaining Performance Obligations consists of both deferred revenue and contracted non-cancelable amounts that will be invoiced and recognized in future periods. We expect to recognize 59% of our Remaining Performance Obligations as revenue over the next 12 months, and the remainder thereafter, in each case, in accordance with our revenue recognition policy; however, we cannot guarantee that any portion of our Remaining Performance Obligations will be recognized as revenue within the timeframe we expect or at all.


Consolidated Balance Sheets (U.S. dollars in thousands)

   
As of
 
   
September 30, 2023
   
December 31, 2022
 
   
(Unaudited)
       
ASSETS
           
CURRENT ASSETS:
           
Cash and cash equivalents
 
$
34,073
   
$
44,625
 
Marketable securities
   
35,084
     
41,343
 
Trade receivables
   
21,865
     
28,786
 
Prepaid expenses and other current assets
   
7,430
     
7,521
 
Deferred contract acquisition and fulfillment costs, current
   
10,601
     
10,759
 
                 
Total current assets
   
109,053
     
133,034
 
                 
LONG-TERM ASSETS:
               
Marketable securities
   
1,902
     
 
Property and equipment, net
   
20,763
     
15,142
 
Other assets, noncurrent
   
2,910
     
3,176
 
Deferred contract acquisition and fulfillment costs, noncurrent
   
18,277
     
21,691
 
Operating lease right-of-use assets
   
14,735
     
20,814
 
Intangible assets, net
   
808
     
1,244
 
Goodwill
   
11,070
     
11,070
 
                 
Total noncurrent assets
   
70,465
     
73,137
 
                 
TOTAL ASSETS
 
$
179,518
   
$
206,171
 
                 
LIABILITIES AND STOCKHOLDERS' EQUITY
               
CURRENT LIABILITIES:
               
Current portion of long-term loans
 
$
31,455
   
$
5,793
 
Trade payables
   
4,435
     
9,437
 
Employees and payroll accruals
   
12,380
     
14,884
 
Accrued expenses and other current liabilities
   
17,184
     
16,527
 
Operating lease liabilities
   
2,337
     
2,355
 
Deferred revenue, current
   
59,244
     
59,841
 
                 
Total current liabilities
   
127,035
     
108,837
 
                 
NONCURRENT LIABILITIES:
               
Deferred revenue, noncurrent
   
578
     
1,266
 
Long-term loans, net of current portion
   
     
30,004
 
Operating lease liabilities, noncurrent
   
17,581
     
20,697
 
Other liabilities, noncurrent
   
2,147
     
2,021
 
                 
Total noncurrent liabilities
   
20,306
     
53,988
 
                 
TOTAL LIABILITIES
 
$
147,341
   
$
162,825
 
STOCKHOLDERS' EQUITY:
               
Common stock
   
13
     
13
 
Treasury stock
 
   
(4,881
)
   
(4,881
)
Additional paid-in capital
   
463,155
     
439,644
 
Accumulated other comprehensive loss
   
(682
)
   
(301
)
Accumulated deficit
   
(425,428
)
   
(391,129
)
                 
Total stockholders' equity
   
32,177
     
43,346
 
                 
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
 
$
179,518
   
$
206,171
 


Consolidated Statements of Operations (U.S. dollars in thousands, except for share data)

   
Three Months Ended September 30,
   
Nine Months Ended September 30,
 
   
2023
   
2022
   
2023
   
2022
 
   
(Unaudited)
 
                         
Revenue:
                       
Subscription
 
$
40,847
   
$
37,915
   
$
121,962
   
$
112,904
 
Professional services
   
2,695
     
3,136
     
8,732
     
11,841
 
                                 
Total revenue
   
43,542
     
41,051
     
130,694
     
124,745
 
                                 
Cost of revenue:
                               
Subscription
   
11,004
     
9,772
     
33,106
     
29,192
 
Professional services
   
4,839
     
4,904
     
14,001
     
16,219
 
                                 
Total cost of revenue
   
15,843
     
14,676
     
47,107
     
45,411
 
                                 
Gross profit
   
27,699
     
26,375
     
83,587
     
79,334
 
                                 
Operating expenses:
                               
                                 
Research and development
   
12,558
     
13,891
     
39,663
     
43,205
 
Sales and marketing
   
11,683
     
15,040
     
36,489
     
46,072
 
General and administrative
   
11,767
     
11,412
     
36,298
     
34,188
 
Restructuring
   
5
     
884
     
973
     
884
 
Other operating expenses
   
     
     
     
 
                                 
Total operating expenses
   
36,013
     
41,227
     
113,423
     
124,349
 
                                 
Operating loss
   
8,314
     
14,852
     
29,836
     
45,015
 
                                 
Financial expenses, net
   
(95
)
   
3,002
     
(3,047
)
   
2,945
 
                                 
Loss before provision for income taxes
   
8,219
     
17,854
     
26,789
     
47,960
 
                                 
Provision for income taxes
   
2,507
     
1,589
     
7,510
     
5,756
 
                                 
Net loss
   
10,726
     
19,443
     
34,299
     
53,716
 
                                 
Preferred stock accretion and cumulative undeclared dividends
   
     
     
     
 
                                 
Net loss attributable to common stockholders
 
$
10,726
   
$
19,443
   
$
34,299
   
$
53,716
 
                                 
Net loss per share attributable to common stockholders, basic and diluted
 
$
0.08
   
$
0.15
   
$
0.25
   
$
0.41
 
                                 
Weighted average number of shares used in computing basic net loss per share attributable to common stockholders
   
139,186,364
     
132,185,026
     
137,033,800
     
129,919,489
 


Consolidated Statements of Operations (U.S. dollars in thousands, except for share data)

Stock-based compensation included in above line items:

   
Three Months Ended September 30,
   
Nine Months Ended September 30,
 
   
2023
   
2022
   
2023
   
2022
 
   
(Unaudited)
 
                         
Cost of revenue
 
$
295
   
$
297
   
$
827
   
$
1,068
 
Research and development
   
1,162
     
1,096
     
3,439
     
3,236
 
Sales and marketing
   
776
     
1,058
     
2,347
     
2,969
 
General and administrative
   
5,137
     
3,648
     
15,343
     
10,554
 
                                 
Total
 
$
7,370
   
$
6,099
   
$
21,956
   
$
17,827
 

Revenue by Segment (U.S. dollars in thousands):

   
Three Months Ended September 30,
   
Nine Months Ended September 30,
 
   
2023
   
2022
   
2023
   
2022
 
   
(Unaudited)
 
                         
Enterprise, Education and Technology
 
$
31,095
   
$
30,056
   
$
93,583
   
$
90,186
 
Media and Telecom
   
12,447
     
10,995
     
37,111
     
34,559
 
                                 
Total
 
$
43,542
   
$
41,051
   
$
130,694
   
$
124,745
 

Gross Profit by Segment (U.S. dollars in thousands):

   
Three Months Ended September 30,
   
Nine Months Ended September 30,
 
   
2023
   
2022
   
2023
   
2022
 
   
(Unaudited)
 
                         
Enterprise, Education and Technology
 
$
22,762
   
$
21,218
   
$
68,625
   
$
62,685
 
Media and Telecom
   
4,937
     
5,157
     
14,962
     
16,649
 
                                 
Total
 
$
27,699
   
$
26,375
   
$
83,587
   
$
79,334
 


Consolidated Statement of Cash Flows (U.S. dollars in thousands)

   
Nine Months Ended September 30,
 
   
2023
   
2022
 
Cash flows from operating activities:
     
Net loss
 
$
(34,299
)
 
$
(53,716
)
Adjustments to reconcile net loss to net cash used in operating activities:
               
Loss on sale of property and equipment
   
     
179
 
Depreciation and amortization
   
3,409
     
1,874
 
Stock-based compensation expenses
   
21,956
     
17,827
 
Amortization of deferred contract acquisition and fulfillment costs
   
8,774
     
7,883
 
Non-cash interest income, net
   
(705
)
   
(51
)
Gain on foreign exchange
   
(439
)
   
 
Changes in operating assets and liabilities:
               
Decrease (increase) in trade receivables
   
6,921
     
(5,761
)
Increase in prepaid expenses and other current assets and other assets, noncurrent
   
(193
)
   
(697
)
Increase in deferred contract acquisition and fulfillment costs
   
(4,853
)
   
(8,715
)
Increase (decrease) in trade payables
   
(5,575
)
   
98
 
Increase (decrease) in accrued expenses and other current liabilities
   
91
     
(3,600
)
Increase in employees and payroll accruals
   
(2,504
)
   
(2,195
)
Increase (decrease) in other liabilities, noncurrent
   
411
     
(33
)
Increase (decrease) in deferred revenue
   
(1,285
)
   
6,145
 
Operating lease right-of-use assets and lease liabilities, net
   
(1,613
)
   
(220
)
                 
Net cash used in operating activities
   
(9,904
)
   
(40,982
)
                 
Cash flows from investing activities:
               
                 
Investment in available-for-sale marketable securities
   
(33,609
)
   
(47,447
)
Proceeds from sales and maturities of available-for-sale marketable securities
   
38,976
     
5,670
 
Purchases of property and equipment
   
(1,792
)
   
(1,004
)
Capitalized internal-use software
   
(1,493
)
   
(4,573
)
Investment in restricted bank deposit
   
(1,001
)
   
(1,850
)
                 
Net cash provided by (used in) investing activities
   
1,081
     
(49,204
)
                 
Cash flows from financing activities:
               
                 
Repayment of long-term loans
   
(4,500
)
   
(2,250
)
Principal payments on finance leases
   
     
(135
)
Proceeds from exercise of stock options
   
1,224
     
2,445
 
Payment of debt issuance costs
   
     
(125
)
                 
Net cash used in financing activities
   
(3,276
)
   
(65
)
                 
Net decrease in cash, cash equivalents and restricted cash
   
(11,660
)
   
(90,251
)
Cash, cash equivalents and restricted cash at the beginning of the period
   
45,833
     
144,371
 
Cash, cash equivalents and restricted cash at the end of the period
 
$
34,173
   
$
54,120
 


Reconciliation from GAAP to Non-GAAP Results (U.S. dollars in thousands)

 
 
Three Months Ended September 30,
   
Nine Months Ended September 30,
 
 
 
2023
   
2022
   
2023
   
2022
 
Reconciliation of gross profit and gross margin
                       
GAAP gross profit
 
$
27,699
   
$
26,375
   
$
83,587
   
$
79,334
 
Stock-based compensation expense
   
295
     
297
     
827
     
1,068
 
Amortization of acquired intangibles
   
107
     
107
     
319
     
319
 
Non-GAAP gross profit
 
$
28,101
   
$
26,779
   
$
84,733
   
$
80,721
 
GAAP gross margin
   
64
%
   
64
%
   
64
%
   
64
%
Non-GAAP gross margin
   
65
%
   
65
%
   
65
%
   
65
%
Reconciliation of operating expenses
                               
GAAP research and development expenses
 
$
12,558
   
$
13,891
   
$
39,663
   
$
43,205
 
Stock-based compensation expense
   
1,162
     
1,096
     
3,439
     
3,236
 
Amortization of acquired intangibles
   
     
     
     
 
Non-GAAP research and development expenses
 
$
11,396
   
$
12,795
   
$
36,224
   
$
39,969
 
GAAP sales and marketing
 
$
11,683
   
$
15,040
   
$
36,489
   
$
46,072
 
Stock-based compensation expense
   
776
     
1,058
     
2,347
     
2,969
 
Amortization of acquired intangibles
   
13
     
34
     
115
     
205
 
Non-GAAP sales and marketing expenses
 
$
10,894
   
$
13,948
   
$
34,027
   
$
42,898
 
GAAP general and administrative expenses
 
$
11,767
   
$
11,412
   
$
36,298
   
$
34,188
 
Stock-based compensation expense
   
5,137
     
3,648
     
15,343
     
10,554
 
Amortization of acquired intangibles
   
     
     
     
 
Facility exit and transition costs1
 
$
   
$
154
   
$
154
   
$
367
 
Non-GAAP general and administrative expenses
 
$
6,630
   
$
7,610
   
$
20,801
   
$
23,267
 
Reconciliation of operating income (loss) and operating margin
                               
GAAP operating loss
 
$
(8,314
)
 
$
(14,852
)
 
$
(29,836
)
 
$
(45,015
)
Stock-based compensation expense
   
7,370
     
6,099
     
21,956
     
17,827
 
Amortization of acquired intangibles
   
120
     
141
     
434
     
524
 
Restructuring
   
5
     
884
     
973
     
884
 
Facility exit and transition costs1
   
     
154
     
154
     
367
 
Non-GAAP operating loss
 
$
(819
)
 
$
(7,574
)
 
$
(6,319
)
 
$
(25,413
)
GAAP operating margin
   
(19
)%
   
(36
)%
   
(23
)%
   
(36
)%
Non-GAAP operating margin
   
(2
)%
   
(18
)%
   
(5
)%
   
(20
)%
Reconciliation of net loss
                               
GAAP net loss attributable to common stockholders
 
$
10,726
   
$
19,443
   
$
34,299
   
$
53,716
 
Stock-based compensation expense
   
7,370
     
6,099
     
21,956
     
17,827
 
Amortization of acquired intangibles
   
120
     
141
     
434
     
524
 
Restructuring
   
5
     
884
     
973
     
884
 
Facility exit and transition costs1
   
     
154
     
154
     
367
 
Non-GAAP net loss attributable to common stockholders
 
$
3,231
   
$
12,165
   
$
10,782
   
$
34,114
 
                                 
Non-GAAP net loss per share - basic and diluted
 
$
0.02
   
$
0.09
   
$
0.08
   
$
0.26
 
                                 
Shares used in non-GAAP per share calculations:
                               
GAAP weighted-average shares used to compute net income per share - basic and diluted
   
139,186,364
     
132,185,026
     
137,033,800
     
129,919,489
 
Weighted average number of ordinary shares outstanding used in computing basic and diluted net loss per share (non-GAAP)
   
139,186,364
     
132,185,026
     
137,033,800
     
129,919,489
 


1 Facility exit and transition costs for the three and nine months ended September 30, 2022 and the nine months ended September 30 2023, include losses from sale of fixed assets and other costs associated with moving to our temporary office in Israel.


Adjusted EBITDA (U.S. dollars in thousands)

   
Three Months Ended September 30,
   
Nine Months Ended September 30,
 
   
2023
   
2022
   
2023
   
2022
 
       
Net loss
 
$
(10,726
)
 
$
(19,443
)
 
$
(34,299
)
 
$
(53,716
)
Financial expenses (income), net (a)
   
(95
)
   
3,002
     
(3,047
)
   
2,945
 
Provision for income taxes
   
2,507
     
1,589
     
7,510
     
5,756
 
Depreciation and amortization
   
1,248
     
521
     
3,409
     
1,874
 
EBITDA
   
(7,066
)
   
(14,331
)
   
(26,427
)
   
(43,141
)
Non-cash stock-based compensation expense
   
7,370
     
6,099
     
21,956
     
17,827
 
Facility exit and transition costs (b)
   
     
154
     
154
     
367
 
Restructuring (c)
   
5
     
884
     
973
     
884
 
Adjusted EBITDA
 
$
309
   
$
(7,194
)
 
$
(3,344
)
 
$
(24,063
)


(a)
The three months ended September 30, 2023 and 2022, and the nine months ended September 30, 2023, and 2022, include $789, $594, $2,400 and $1,581 respectively, of interest expenses.


(b)
Facility exit and transition costs for the three months ended September 30, 2022, and the nine months ended September 30, 2023 and 2022, include losses from sale of fixed assets and other costs associated with moving to our temporary office in Israel.


(c)
The three months ended September 30, 2023 and 2022, and the nine months ended September 30, 2023 and 2022 include one-time employee termination benefits incurred in connection with the 2023 Reorganization Plan and the 2022 Restructuring Plan.


Reported KPIs

 
 
September 30,
 
 
 
2023
   
2022
 
 
 
(U.S. dollars, amounts in thousands)
 
Annualized Recurring Revenue          
 
$
163,069
   
$
152,926
 
Remaining Performance Obligations          
 
$
163,995
   
$
169,183
 

 
 
Three Months Ended September 30,
 
 
 
2023
   
2022
 
Net Dollar Retention Rate          
   
101
%
   
96
%





EX-101.SCH 3 kltr-20231108.xsd XBRL TAXONOMY EXTENSION SCHEMA 000100 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink EX-101.LAB 4 kltr-20231108_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Cover [Abstract] Document Type Written Communications Soliciting Material Pre-commencement Tender Offer Pre-commencement Issuer Tender Offer Amendment Flag Document Fiscal Year Focus Document Fiscal Period Focus Document Period End Date Entity Registrant Name Entity Central Index Key Entity File Number Entity Tax Identification Number Entity Incorporation, State or Country Code Entity Emerging Growth Company Entity Ex Transition Period Entity Address, Address Line One Entity Address, Address Line Two Entity Address, Address Line Three Entity Address, City or Town Entity Address, State or Province Entity Address, Country Entity Address, Postal Zip Code City Area Code Local Phone Number Title of 12(b) Security No Trading Symbol Flag Trading Symbol Security Exchange Name EX-101.PRE 5 kltr-20231108_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE GRAPHIC 6 image0.jpg begin 644 image0.jpg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èR3S$F1W+9/H33Z** "HY_P#4M4E1S_ZEJ /H/X%_\B[= M?]=!_*O6*\G^!?\ R+MU_P!=!_*O6* "F2_ZIOI3Z9+_ *IOI0!\G?$7_D>K M_P#ZZUSE='\1?^1ZO_\ KK7.4 %-7_C]M?\ KLG\Q3J:O_'[:_\ 79/YB@#[ M!\,_\@*W_P!T?R%;%8_AG_D!6_\ NC^0K8H **** "BBB@ KQKXX^'FNK"WU M&%,F%B[D"O9:R_$.E)K&B75DR@F6,J,T ?',+^9"K^HI]6=9TR70=?NM/F4J M$?:GO5:@ JYHFL7/AS6HM1MF(Y < X^7O5.@@$8/0T ?6_A/Q19^)](BN[>1 M26'(%=!7Q_X7\5ZCX0U%9K9R]L2 R,> /85](>$_B#I/B:T0QSA9\?,K<4 = MA12*ZN,JP(]C2T %%%% !2$A1DG JM>:C:V$#S3S(JH,GYAFO$?B#\7O.233 M-#;<6RK.1@CZ&@"/XP?$!;IFT+39=Q(*3%3]TUY%&FQ?]H]3ZT#>\KSS,7FD M.6+'/-.H **** (I_P#4M]*^FOA%_P BA:_]M>U@L'R?O*FY\YF.8NHW2I/3JP4;1ZGN:6BD) %>F>-L!( M S6SH.@R:E,L\RD0J<@'C-&@Z#+J4XFF7$(Y ->A001VT0CB7"CI7G8S&*FN M2&YZV7Y>ZS]I4^'\P@@CMXECC4!5&.E2T45XC=]6?2I)*R"BBBD,BN9A;VTD MS=$7)KP'Q9K$NL:W-\[>2C?*,U[IK7_(%N_^N9KYTN/^/R7ZU]'D%.+%-:GT;6XF5V\H]03Q6-3[?\ X_(O]X?SKZ*K"-2#C+9G MC4YN$KH^EH)/-MXY/[ZAOS%254TW_D&V_P#US7^56Z_/)*TFCZ^+NDPHHHJ1 MD,HXR#7%C,''$0\SJPN)E0EY'G0 M.:*T]6TE[*4O&,QGL*S #?'W_60_P"Z*\?3[B_2O8/C[_K(?]T5X^GW%^E #JBN?^/:3Z5+ M45S_ ,>\GTH ^A?@<<^'W]E%>KUY/\#?^0!)_NBO6* "L'Q5X8L_$VDR6MS& M"V"48#G/;FMZB@#XW\1:!>>$]9ET^[0^6#\C@<'\:H5]3>/O!=IXKT=T>,?: M(P6C;WKY>U#3+O0=0DTZ^4AHSM#8P&^E $5-=!(NUJ=10!W?PP\?S>&=173+ M^1FLI#D$\D$].:^E[:XBNK=)H75T8 @JX.0?>O6?A3\1WLI5T;5) M"4_@8G R>E 'T!138Y$E0.C!E/0BG4 (RJZE6 (/8BOFGXL>")=#UC^U;.,F MU<$R <_,:^EZS]9T>TUO3I+.[C#QN/UH ^-U8,H(I:Z+QKX*OO!VJR#RS)9N MVX,@X&3ZUSBL&&5.: %I&4,,$4M% $^G:GJ>C2^9I]PXYSAG.*]#TKXXZE91 MK%?J&P,92/->:TF!Z"@#WBP^.NDRK_I$

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end XML 7 R1.htm IDEA: XBRL DOCUMENT v3.23.3
Document and Entity Information
Nov. 08, 2023
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Nov. 08, 2023
Entity File Number 001-40644
Entity Registrant Name Kaltura Inc
Entity Central Index Key 0001432133
Entity Incorporation, State or Country Code DE
Entity Tax Identification Number 20-8128326
Entity Address, Address Line One 860 Broadway
Entity Address, Address Line Two 3rd Floor
Entity Address, City or Town New York
Entity Address, State or Province NY
Entity Address, Postal Zip Code 10003
City Area Code 646
Local Phone Number 290-5445
Title of 12(b) Security Common stock, par value $0.0001 per share
Trading Symbol KLTR
Security Exchange Name NASDAQ
Entity Emerging Growth Company true
Entity Ex Transition Period false
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false

XML 8 form8k_htm.xml IDEA: XBRL DOCUMENT 0001432133 2023-11-08 2023-11-08 false 0001432133 8-K 2023-11-08 Kaltura Inc DE 001-40644 20-8128326 860 Broadway 3rd Floor New York NY 10003 646 290-5445 false false false false Common stock, par value $0.0001 per share KLTR NASDAQ true false EXCEL 9 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 10 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 11 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 12 FilingSummary.xml IDEA: XBRL DOCUMENT 3.23.3 html 1 24 1 false 0 0 false 0 false false R1.htm 000100 - Document - Document and Entity Information Sheet http://corp.kaltura.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false All Reports Book All Reports form8k.htm kltr-20231108.xsd kltr-20231108_lab.xml kltr-20231108_pre.xml http://xbrl.sec.gov/dei/2023 true false JSON 14 MetaLinks.json IDEA: XBRL DOCUMENT { "version": "2.2", "instance": { "form8k.htm": { "nsprefix": "kltr", "nsuri": "http://corp.kaltura.com/20231108", "dts": { "inline": { "local": [ "form8k.htm" ] }, "schema": { "local": [ "kltr-20231108.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2004/ref-2004-08-10.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd", "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd", "https://www.xbrl.org/dtr/type/2022-03-31/types.xsd", "https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd", "https://xbrl.fasb.org/srt/2023/elts/srt-roles-2023.xsd", "https://xbrl.fasb.org/srt/2023/elts/srt-types-2023.xsd", "https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd", "https://xbrl.fasb.org/us-gaap/2023/elts/us-roles-2023.xsd", "https://xbrl.fasb.org/us-gaap/2023/elts/us-types-2023.xsd", "https://xbrl.sec.gov/country/2023/country-2023.xsd", "https://xbrl.sec.gov/currency/2023/currency-2023.xsd", "https://xbrl.sec.gov/dei/2023/dei-2023.xsd", "https://xbrl.sec.gov/exch/2023/exch-2023.xsd", "https://xbrl.sec.gov/naics/2023/naics-2023.xsd", "https://xbrl.sec.gov/sic/2023/sic-2023.xsd", "https://xbrl.sec.gov/stpr/2023/stpr-2023.xsd" ] }, "labelLink": { "local": [ "kltr-20231108_lab.xml" ] }, "presentationLink": { "local": [ "kltr-20231108_pre.xml" ] } }, "keyStandard": 24, "keyCustom": 0, "axisStandard": 0, "axisCustom": 0, "memberStandard": 0, "memberCustom": 0, "hidden": { "total": 2, "http://xbrl.sec.gov/dei/2023": 2 }, "contextCount": 1, "entityCount": 1, "segmentCount": 0, "elementCount": 30, "unitCount": 0, "baseTaxonomies": { "http://xbrl.sec.gov/dei/2023": 24 }, "report": { "R1": { "role": "http://corp.kaltura.com/role/DocumentAndEntityInformation", "longName": "000100 - Document - Document and Entity Information", "shortName": "Document and Entity Information", "isDefault": "true", "groupType": "document", "subGroupType": "", "menuCat": "Cover", "order": "1", "firstAnchor": { "contextRef": "c20231108to20231108", "name": "dei:DocumentType", "unitRef": null, "xsiNil": "false", "lang": "en-US", "decimals": null, "ancestors": [ "div", "div", "body", "html" ], "reportCount": 1, "baseRef": "form8k.htm", "first": true, "unique": true }, "uniqueAnchor": { "contextRef": "c20231108to20231108", "name": "dei:DocumentType", "unitRef": null, "xsiNil": "false", "lang": "en-US", "decimals": null, "ancestors": [ "div", "div", "body", "html" ], "reportCount": 1, "baseRef": "form8k.htm", "first": true, "unique": true } } }, "tag": { "dei_EntityAddressCityOrTown": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressCityOrTown", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Address, City or Town", "documentation": "Name of the City or Town" } } }, "auth_ref": [] }, "dei_CoverAbstract": { "xbrltype": "stringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "CoverAbstract", "lang": { "en-us": { "role": { "label": "Cover [Abstract]", "documentation": "Cover page." } } }, "auth_ref": [] }, "dei_SecurityExchangeName": { "xbrltype": "edgarExchangeCodeItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "SecurityExchangeName", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Security Exchange Name", "documentation": "Name of the Exchange on which a security is registered." } } }, "auth_ref": [ "r2" ] }, "dei_EntityFileNumber": { "xbrltype": "fileNumberItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityFileNumber", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity File Number", "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen." } } }, "auth_ref": [] }, "dei_SolicitingMaterial": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "SolicitingMaterial", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Soliciting Material", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act." } } }, "auth_ref": [ "r5" ] }, "dei_EntityAddressCountry": { "xbrltype": "countryCodeItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressCountry", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Address, Country", "documentation": "ISO 3166-1 alpha-2 country code." } } }, "auth_ref": [] }, "dei_EntityAddressAddressLine2": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressAddressLine2", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Address, Address Line Two", "documentation": "Address Line 2 such as Street or Suite number" } } }, "auth_ref": [] }, "dei_EntityAddressStateOrProvince": { "xbrltype": "stateOrProvinceItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressStateOrProvince", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Address, State or Province", "documentation": "Name of the state or province." } } }, "auth_ref": [] }, "dei_EntityAddressAddressLine1": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressAddressLine1", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Address, Address Line One", "documentation": "Address Line 1 such as Attn, Building Name, Street Name" } } }, "auth_ref": [] }, "dei_EntityRegistrantName": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityRegistrantName", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Registrant Name", "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC." } } }, "auth_ref": [ "r1" ] }, "dei_WrittenCommunications": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "WrittenCommunications", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Written Communications", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act." } } }, "auth_ref": [ "r6" ] }, "dei_DocumentFiscalPeriodFocus": { "xbrltype": "fiscalPeriodItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentFiscalPeriodFocus", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Document Fiscal Period Focus", "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY." } } }, "auth_ref": [] }, "dei_DocumentType": { "xbrltype": "submissionTypeItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentType", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Document Type", "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'." } } }, "auth_ref": [] }, "dei_PreCommencementIssuerTenderOffer": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "PreCommencementIssuerTenderOffer", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Pre-commencement Issuer Tender Offer", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act." } } }, "auth_ref": [ "r3" ] }, "dei_Security12bTitle": { "xbrltype": "securityTitleItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "Security12bTitle", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Title of 12(b) Security", "documentation": "Title of a 12(b) registered security." } } }, "auth_ref": [ "r0" ] }, "dei_EntityCentralIndexKey": { "xbrltype": "centralIndexKeyItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityCentralIndexKey", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Central Index Key", "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK." } } }, "auth_ref": [ "r1" ] }, "dei_EntityEmergingGrowthCompany": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityEmergingGrowthCompany", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Emerging Growth Company", "documentation": "Indicate if registrant meets the emerging growth company criteria." } } }, "auth_ref": [ "r1" ] }, "dei_DocumentPeriodEndDate": { "xbrltype": "dateItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentPeriodEndDate", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Document Period End Date", "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD." } } }, "auth_ref": [] }, "dei_PreCommencementTenderOffer": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "PreCommencementTenderOffer", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Pre-commencement Tender Offer", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act." } } }, "auth_ref": [ "r4" ] }, "dei_EntityAddressPostalZipCode": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressPostalZipCode", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Address, Postal Zip Code", "documentation": "Code for the postal or zip code" } } }, "auth_ref": [] }, "dei_TradingSymbol": { "xbrltype": "tradingSymbolItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "TradingSymbol", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Trading Symbol", "documentation": "Trading symbol of an instrument as listed on an exchange." } } }, "auth_ref": [] }, "dei_EntityIncorporationStateCountryCode": { "xbrltype": "edgarStateCountryItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityIncorporationStateCountryCode", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Incorporation, State or Country Code", "documentation": "Two-character EDGAR code representing the state or country of incorporation." } } }, "auth_ref": [] }, "dei_CityAreaCode": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "CityAreaCode", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "City Area Code", "documentation": "Area code of city" } } }, "auth_ref": [] }, "dei_LocalPhoneNumber": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "LocalPhoneNumber", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Local Phone Number", "documentation": "Local phone number for entity." } } }, "auth_ref": [] }, "dei_EntityAddressAddressLine3": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressAddressLine3", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Address, Address Line Three", "documentation": "Address Line 3 such as an Office Park" } } }, "auth_ref": [] }, "dei_EntityTaxIdentificationNumber": { "xbrltype": "employerIdItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityTaxIdentificationNumber", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Tax Identification Number", "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS." } } }, "auth_ref": [ "r1" ] }, "dei_AmendmentFlag": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "AmendmentFlag", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Amendment Flag", "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission." } } }, "auth_ref": [] }, "dei_EntityExTransitionPeriod": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityExTransitionPeriod", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Entity Ex Transition Period", "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards." } } }, "auth_ref": [ "r7" ] }, "dei_DocumentFiscalYearFocus": { "xbrltype": "gYearItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentFiscalYearFocus", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "Document Fiscal Year Focus", "documentation": "This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006." } } }, "auth_ref": [] }, "dei_NoTradingSymbolFlag": { "xbrltype": "trueItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "NoTradingSymbolFlag", "presentation": [ "http://corp.kaltura.com/role/DocumentAndEntityInformation" ], "lang": { "en-us": { "role": { "label": "No Trading Symbol Flag", "documentation": "Boolean flag that is true only for a security having no trading symbol." } } }, "auth_ref": [] } } } }, "std_ref": { "r0": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "b" }, "r1": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "b-2" }, "r2": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "d1-1" }, "r3": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "13e", "Subsection": "4c" }, "r4": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "14d", "Subsection": "2b" }, "r5": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Section": "14a", "Number": "240", "Subsection": "12" }, "r6": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Securities Act", "Number": "230", "Section": "425" }, "r7": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Securities Act", "Number": "7A", "Section": "B", "Subsection": "2" } } } ZIP 15 0001178913-23-003565-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001178913-23-003565-xbrl.zip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end