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People are being encouraged to prioritise their mental health this Christmas and to avoid engaging in conversations involving potentially inflammatory topics. Chief executive of Turn2Me, Fiona O'Malley, said people should generally avoid discussing politics, religion, and money at the dinner table. Advertisement "They're generally the topics that can cause division. So, if you pivot into other topics, that can be a good way to keep tensions low," she said. "Toxic family dynamics can be emotionally draining and remember that you do have the right to set boundaries and to prioritise your own mental health." The mental health charity said this time of year can magnify tensions, especially in family dynamics where "unresolved issues or dysfunctional patterns exist". Those who are forced to socialise with 'toxic' family members can find Christmas particularly tough, the charity said.winph4



Imperial Security: Setting the Gold Standard for Security Guard Services in Canada 12-23-2024 08:18 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: Getnews / PR Agency: Content Hum Image: https://www.globalnewslines.com/uploads/2024/12/1734701036.jpg Offering Reliable and Professional Security Guard Solutions Across Alberta and Beyond Imperial Security, a trusted name in the security industry, is proud to offer its premier security guard services in Canada, designed to safeguard businesses, communities, and individuals. Imperial Security focuses on professionalism, reliability, and advanced technology, ensuring a safe and secure environment for its clients nationwide. Imperial Security has been a pioneer in providing comprehensive security services tailored to meet the unique needs of diverse industries. From commercial establishments and residential properties to industrial sites and retail spaces, their highly trained personnel deliver unparalleled safety solutions. With a client-centric approach, Imperial Security offers customised plans to ensure peace of mind and maximum protection. The company's seamless integration of advanced tools such as GPS tracking, real-time reporting, and mobile patrolling ensures its services remain efficient and trustworthy. Imperial Security offers various security services across multiple regions, making it a trusted choice for businesses nationwide. Its security services in Canada [ https://imperialsecurity.ca/ ] include mobile and foot patrols for thorough site monitoring, advanced access control solutions to prevent unauthorised entry, and state-of-the-art surveillance technology. Additionally, it provides prompt emergency response services, ensuring quick and effective action when needed. With a focus on risk prevention and incident reduction, Imperial Security is a reliable partner for businesses and individuals seeking enhanced safety and security. "At Imperial Security, our mission is to offer security services that exceed expectations while prioritising client safety and satisfaction," says a spokesperson at Imperial Security. "Whether it's a small business, a large industrial site, or a community event, we are committed to delivering solutions that clients can depend on 24/7." Imperial Security has carved a niche in security guard in Alberta [ https://imperialsecurity.ca/alberta-security-company/ ], with its team of professionals trained to handle even the most challenging scenarios. The company's presence in Alberta includes tailored services for local businesses, public events, and high-risk sites. What sets it apart is its emphasis on combining traditional guarding methods with modern technological advancements, ensuring efficient and adaptive services. Imperial Security's guards maintain a strong commitment to excellence and client satisfaction from Edmonton to Calgary and other regions. Imperial Security has been a leader in security guard services in Calgary [ https://imperialsecurity.ca/calgary/security-guard-service/ ] and across Canada, providing top-tier safety solutions for businesses and communities. With decades of experience and a team of skilled professionals, the company offers services ranging from access control and surveillance to patrols and emergency response. Imperial Security remains dedicated to setting industry standards and ensuring the safety of its clients. Location: https://www.google.com/maps/embed?pb=!1m14!1m8!1m3!1d142859.2487923807!2d-114.1577336!3d51.0844226!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x53716f6dd7f0b8a9%3A0x8c59fc32c7f04ffe!2sImperial%20Security%20-%20Calgary!5e1!3m2!1sen!2suk!4v1734701146418!5m2!1sen!2suk Media Contact Company Name: Imperial Security Email: Send Email [ http://www.universalpressrelease.com/?pr=imperial-security-setting-the-gold-standard-for-security-guard-services-in-canada ] Phone: +17804379974 Address:10665 Jasper Ave 14th Floor Alderbridge Business Centre City: Edmonton State: Alberta T5J 3S9 Country: Canada Website: https://imperialsecurity.ca/ This release was published on openPR.

Despite technological advancements and evolving workplace dynamics, people’s relationship with work ... [+] remains strained. Is work working? Despite technological advancements and evolving workplace dynamics, people’s relationship with work remains strained. A new worldwide study from HP reveals a disconnect between employees and their jobs despite many companies rethinking workplace tools and offering employees more flexibility. HP’s second annual Work Relationship Index , a survey of over 15,600 individuals across 12 countries, finds that only 28% of knowledge workers report a healthy relationship with work. The new WRI shows a consistent trend in employee engagement drivers, with scores remaining relatively stable compared to 2023. For example, the scores for workspace (defined as flexibility and trust in where employees work) and tools (the right technology to drive employee engagement) both remained flat at 25 and 26 out of 100, respectively. People-centricity, now at 24, and leadership, at 26, each went up by one point. Skills—meaning building confidence by tapping into the enthusiasm to learn new skills—also increased one point, but its overall score of 32 indicates that it is a stronger driver of a healthy work relationship. While the stability of these drivers suggests that the fundamental elements of a positive work experience remain the same, it also indicates that not much has changed in the past 12 months regarding building a better worker experience. This is especially clear in the answers to questions about trust in senior leadership and how workers want to be seen as individuals. The key takeaway? Work isn’t working because the way we work is outdated. Companies haven’t adapted to the needs of today’s workers, who crave individuality and tailored experiences instead of being treated like cogs in a machine. But there’s hope. The WRI identifies two potential solutions for fostering healthier work relationships: personalized work experiences and AI. The need for these solutions is becoming increasingly urgent, as reflected by the nearly three-quarters of leaders surveyed who agreed that it is critical to redefine the world’s relationship with work. The Personalized Employee Experience Large majorities of knowledge workers (68%), business leaders (75%) and IT decision makers (76%) said they desire personalized work experiences—including having access to the right technologies and workspaces and the ability to shape a flexible schedule. Well over half of the knowledge workers surveyed stated that having these needs met would make them more invested in their company’s growth, enhance their overall well-being and incentivize them to stay with their current employer. In fact, the WRI indicates that knowledge workers who feel their work experience is customized to their preferences are more than twice as likely to have a healthy relationship with work. Save Up To 75% With The Best Black Friday Clothing Deals That Are Still Running 10 Unofficial Hoka Cyber Week Sales You Don’t Want To Miss The WRI shows that this issue is important enough that employees are willing to put their money where their mouths are about it. A staggering 87% of workers globally report being willing to forgo a portion of their salary—14% on average—to achieve a more personalized work environment. Gen Z workers report being willing to give up as much as 19% on average to have a customized work environment. The Rise Of AI And Its Impact On Work-Life Balance Can AI help with customizing the workplace? The past year has seen an explosive surge in AI adoption, particularly in the workplace. In 2023, 38% of knowledge workers, 68% of business leaders and 63% of IT decision makers had used AI at work. In 2024, as AI started to shift from hype to realized benefits, knowledge workers (66%) and ITDMs (91%) each reported dramatic 28-point increases in AI usage, while business leaders (88%) showed a significant 20-point jump. Workers who use AI report greater job satisfaction and work-life balance. AI tools automate tasks, streamline workflows and give employees more time and opportunities to enjoy their work—so much so that 60% of WRI respondents who use AI credit it with contributing to a better work-life balance, while 68% say AI opens up new opportunities for them to enjoy their work. This correlation between AI usage and work-life balance highlights an urgency to integrate AI into the workplace, especially considering the growing fear of job displacement among non-AI users. It’s no accident that HP sponsored this research—and asked so much about AI—given the technology it deploys in the workplace. Like other big PC makers, HP has integrated AI into its latest generation of PCs, with features designed to optimize user experiences, boost productivity and enhance collaboration. For instance, HP offers an AI Companion to help users with tasks such as refining workflows and optimizing PC settings; in theory, this should make customizing work experiences much simpler without IT involvement. For remote collaboration, HP’s Poly Camera Pro leverages AI to enhance webcam capabilities, for example by intelligently blurring and replacing backgrounds on video calls. Features such as these can improve the quality of virtual interactions, which can be crucial considerations for remote workers. Computer OEMs are counting on rapid enterprise adoption of AI PCs , with many industry watchers predicting major upgrade cycles from now through 2025, and some industry insiders projecting that AI PCs will dominate the PC market by the end of this decade. If this does come to pass, it will be interesting to see if these technology upgrades have an impact on future versions of the WRI. The Leadership Gap And The Rise Of Female Leaders While the WRI highlights the importance of strong leadership in cultivating a healthy work relationship, it also reveals a concerning trend: only 44% of leaders express confidence in their human skills (sometimes called “soft” skills), such as empathy and communication. This is concerning because 78% of employees highly value empathy from their leaders, yet only 28% see it consistently. A lack of empathy in leaders can lead to misunderstandings, decreased morale and a decline in overall productivity. However, this gap in leadership presents an opportunity for positive change. The study found that female business leaders are significantly more confident than their male counterparts in both the “hard” technical skills and the human skills required to succeed at work. On average, women are 10 points more confident in their hard skills and 13 points more confident in their soft skills compared to their male counterparts. This suggests a potential shift in leadership paradigms, one in which more women can rise to leadership positions. This shift may also present a crucial challenge for men in leadership roles. To thrive in this evolving workplace, men must actively develop and embrace these essential human skills, which could create a more balanced and effective leadership environment for everyone. Looking Ahead: Embracing AI And Personalization Regardless of the specific leadership or technology developments that unfold in the future, it is clear that employer and employee expectations have evolved, and that leveraging both smarter management practices and smarter technology is essential to meeting the needs of today’s workforce. In particular, AI will shape the future of work by creating solutions and experiences that foster business growth while supporting personal and professional fulfillment. The findings of the HP Work Relationship Index serve as a wake-up call for organizations worldwide. By embracing AI, prioritizing personalization and fostering empathetic leadership, companies can cultivate a work environment where both employees and their organizations thrive.

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Argan, Inc. Reports Third Quarter Fiscal 2025 ResultsSAN FRANCISCO--(BUSINESS WIRE)--Dec 5, 2024-- All Remote – GitLab Inc. (NASDAQ: GTLB), the most comprehensive AI-powered DevSecOps platform, today reported financial results for its third quarter fiscal year 2025, ended October 31, 2024. “GitLab’s growth at scale is a testament to the demand for a platform approach to software development,” said Sid Sijbrandij, co-founder and executive chair of the board of directors, GitLab Inc. “Our end-to-end DevSecOps platform addresses our customers’ need to accelerate the pace of software development to remain competitive, innovate faster, and ship software more securely.” In a separate press release issued today, December 5, 2024, the company announced Bill Staples was named CEO and a member of the board of directors effective today. Staples succeeds co-founder and CEO Sid Sijbrandij, who is stepping down from his day-to-day role to focus on his health. Sijbrandij will transition to executive chair of the GitLab board of directors. The announcement can be found at https://ir.gitlab.com/ . “We delivered record non-GAAP operating margins as our third quarter fiscal year 2025 revenue reached $196 million dollars, an increase of 31% year-over-year,” said Brian Robins, GitLab chief financial officer. “I am very pleased with our results and the team’s execution as we continue to deliver against our commitment to responsible growth.” Third Quarter Fiscal Year 2025 Financial Highlights (in millions, except per share data and percentages) : Q3 FY 2025 Q3 FY 2024 Y/Y Change Revenue $ 196.0 $ 149.7 31 % GAAP Gross margin 89 % 90 % Non-GAAP Gross margin 91 % 91 % GAAP Operating margin (15 )% (27 )% Non-GAAP Operating margin 13 % 3 % GAAP Operating loss $ (28.7 ) $ (40.3 ) $ 11.6 Non-GAAP Operating income $ 25.9 $ 4.7 $ 21.2 GAAP Net Income (loss) attributable to GitLab $ 29.6 $ (285.2 ) $ 314.8 Non-GAAP Net income attributable to GitLab $ 39.1 $ 14.4 $ 24.7 GAAP Net income (loss) per share attributable to GitLab, basic $ 0.18 $ (1.84 ) $ 2.02 GAAP Net income (loss) per share attributable to GitLab, diluted $ 0.18 $ (1.84 ) $ 2.02 Non-GAAP Net income per share attributable to GitLab, basic $ 0.24 $ 0.09 $ 0.15 Non-GAAP Net income per share attributable to GitLab, diluted $ 0.23 $ 0.09 $ 0.14 GAAP net cash used in operating activities $ (177.0 ) $ (6.0 ) $ (171.0 ) Non-GAAP adjusted free cash flow $ 9.7 $ (6.7 ) $ 16.4 A reconciliation between GAAP and non-GAAP financial measures is contained in this release under the section titled “Non-GAAP Financial Measures.” Additional Financial Highlights: Customers with more than $5,000 of ARR reached 9,519, an increase of 16% year-over-year. Customers with more than $100,000 of ARR reached 1,144, an increase of 31% year-over-year. Dollar-Based Net Retention Rate was 124%. Total RPO grew 48% year-over-year to $811.8 million, while cRPO grew 39% to $515.2 million. Business Highlights: Recognized as a Leader in the Gartner® Magic QuadrantTM for DevOps Platforms for the second consecutive year. Announced an integrated offering with AWS that brings together GitLab Duo and Amazon Q. Together, GitLab Duo and Amazon Q provide a seamless AI-powered developer experience that combines DevSecOps workflows and AWS environments to help organizations ship secure software faster. Announced the general availability of Advanced SAST for GitLab Ultimate customers, leveraging technology acquired with Oxeye, for more accurate vulnerability detections in first-party code. Fourth Quarter and Fiscal Year 2025 Financial Outlook For the fourth quarter and fiscal year 2025, GitLab Inc. expects ( in millions, except share and per share data) : Q4 FY 2025 Guidance FY 2025 Guidance Revenue $205.0 - $206.0 $753 - $754 Non-GAAP operating income $28.0 - $29.0 $69 - $70 Non-GAAP diluted net income per share assuming approximately 170 million and 168 million weighted average shares outstanding during Q4 FY 2025 and FY 2025, respectively. $0.22 - $0.23 $0.63 - $0.64 These statements are forward-looking and actual results may differ materially as a result of many factors. Refer to the Forward-Looking Statements safe harbor below for information on the factors that could cause our actual results to differ materially from these forward-looking statements. A reconciliation of GAAP to non-GAAP financial measures has been provided in the financial statement tables included in this press release. An explanation of these measures is also included below in Non-GAAP Financial Measures. We have not provided the most directly comparable GAAP financial guidance measures because certain items are out of our control or cannot be reasonably predicted. Accordingly, a reconciliation of non-GAAP guidance for operating income (loss) and net income (loss) per share to the corresponding GAAP measures is not available. Conference Call Information GitLab will host a conference call today, December 5, 2024, at 1:30 p.m. (PT) / 4:30 p.m. (ET) to discuss its third quarter fiscal year 2025 financial results and its guidance for the fourth quarter and fiscal year 2025. Interested parties may register for the call in advance by visiting https://bit.ly/3Ul8cwM . A live webcast of this conference call will be available on GitLab’s investor relations website ( ir.gitlab.com ), and a replay will also be archived on the website for one year. About GitLab GitLab is the most comprehensive AI-powered DevSecOps platform for software innovation. GitLab enables organizations to increase developer productivity, improve operational efficiency, reduce security and compliance risk, and accelerate digital transformation. More than 40 million registered users and more than 50% of the Fortune 100 trust GitLab to ship better, more secure software faster. Non-GAAP Financial Measures GitLab believes non-GAAP measures are useful in evaluating its operating performance. GitLab uses this supplemental information to evaluate its ongoing operations and for internal planning and forecasting purposes. GitLab believes that non-GAAP financial information, when taken collectively with its GAAP financial information, may be helpful to investors because it provides consistency and comparability with past financial performance. However, non-GAAP financial information is presented for supplemental informational purposes only, has limitations as an analytical tool, and should not be considered in isolation or as a substitute for financial information presented in accordance with GAAP. Reconciliations of non-GAAP financial measures to the most directly comparable financial results as determined in accordance with GAAP are included at the end of this press release following the accompanying financial data. We define non-GAAP financial measures as GAAP measures, excluding certain items such as stock-based compensation expense, amortization of acquired intangible assets, foreign exchange (gain) loss, equity method investment loss and impairment, acquisition related expenses, changes in the fair value of acquisition related contingent consideration, charitable donation of common stock, restructuring charges, a non-recurring income tax adjustment related to bilateral advance pricing agreement (“BAPA”) negotiations, and other expenses that the Company believes are not indicative of its ongoing operations. Shares used for net income per share on a non-GAAP basis include incremental dilutive shares related to restricted stock units, options, and shares issuable under GitLab Inc.’s 2021 Employee Stock Purchase Plan that are anti-dilutive on a GAAP basis. A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty of expenses that may be incurred in the future. Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures and not rely on any single financial measure to evaluate our business. Adjusted Free Cash Flow Adjusted free cash flow is a non-GAAP financial measure that we calculate as net cash provided by operating activities less cash used for purchases of property and equipment, plus any non-recurring income tax payments related to BAPA. We believe that adjusted free cash flow is a useful indicator of liquidity that provides information to management and investors about the amount of cash generated from our operations that, after the investments in property and equipment and any non-recurring income tax payments related to BAPA, can be used for strategic initiatives, including investing in our business, and strengthening our financial position. One limitation of adjusted free cash flow is that it does not reflect our future contractual commitments. Additionally, adjusted free cash flow does not represent the total increase or decrease in our cash balance for a given period. Forward-Looking Statements This press release and the accompanying earnings call contain “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. Although we believe that the expectations reflected in the forward-looking statements contained in this release and the accompanying earnings call are reasonable, they are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results or outcomes to be materially different from any future results or outcomes expressed or implied by the forward-looking statements. These risks, uncertainties, assumptions, and other factors include, but are not limited to the following: our ability to effectively manage our growth; our revenue growth rate in the future; our ability to achieve and sustain profitability, our business, financial condition, and operating results; security and privacy breaches; intense competition in our markets and loss of market share to our competitors; our ability to respond to rapid technological changes; the market for our services may not grow; a decline in our customer renewals and expansions; fluctuations in our operating results; our incorporation of artificial intelligence features into our products; our transparency; our publicly available company Handbook; customers staying on our free self-managed or SaaS product offering; our ability to accurately predict the long-term rate of customer subscription renewals or adoption, or the impact of these renewals and adoption; our hiring model; the effects of ongoing armed conflict in different regions of the world on our business; and general economic conditions (including changes in interest rates, inflation, uncertainty of the federal budget, increased volatility in the capital markets, and instability in the global banking sector) and slow or negative growth of our markets. Further information on these and additional risks, uncertainties, and other factors that could cause actual outcomes and results to differ materially from those included in or contemplated by the forward-looking statements contained in this release are included under the caption “Risk Factors” and elsewhere in the filings and reports we make with the Securities and Exchange Commission. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events, except as required by law. Operating Metrics Annual Recurring Revenue (“ARR”): We define annual recurring revenue as the annual run-rate revenue of subscription agreements, including our self-managed and SaaS offerings but excluding professional services, from all customers as measured on the last day of a given month. We calculate ARR by taking the monthly recurring revenue (“MRR”) and multiplying it by 12. MRR for each month is calculated by aggregating, for all customers during that month, monthly revenue from committed contractual amounts of subscriptions, including our self-managed license, self-managed subscription, and SaaS subscription offerings but excluding professional services. Dollar-Based Net Retention Rate: We calculate Dollar-Based Net Retention Rate as of a period end by starting with our customers as of the 12 months prior to such period end (“Prior Period ARR”). We then calculate the ARR from these customers as of the current period end (“Current Period ARR”). The calculation of Current Period ARR includes any upsells, price adjustments, user growth within a customer, contraction, and attrition. We then divide the total Current Period ARR by the total Prior Period ARR to arrive at the Dollar-Based Net Retention Rate. GitLab Inc. Condensed Consolidated Balance Sheets (in thousands, except per share data) (unaudited) October 31, 2024 (1) January 31, 2024 (1) ASSETS CURRENT ASSETS: Cash and cash equivalents $ 176,632 $ 287,996 Short-term investments 740,340 748,289 Accounts receivable, net of allowance for doubtful accounts of $891 and $673 as of October 31, 2024 and January 31, 2024, respectively 197,555 166,731 Deferred contract acquisition costs, current 34,518 32,300 Prepaid expenses and other current assets 43,120 45,601 Total current assets 1,192,165 1,280,917 Property and equipment, net 3,563 2,954 Operating lease right-of-use assets 444 405 Goodwill 16,131 8,145 Intangible assets, net 19,536 1,733 Deferred contract acquisition costs, non-current 17,248 19,317 Other non-current assets 3,552 4,390 TOTAL ASSETS $ 1,252,639 $ 1,317,861 LIABILITIES AND STOCKHOLDERS’ EQUITY CURRENT LIABILITIES: Accounts payable $ 2,224 $ 1,738 Accrued expenses and other current liabilities 51,821 286,178 Accrued compensation and benefits 27,274 35,809 Deferred revenue, current 383,183 338,348 Total current liabilities 464,502 662,073 Deferred revenue, non-current 14,138 23,794 Other non-current liabilities 3,776 14,060 TOTAL LIABILITIES 482,416 699,927 STOCKHOLDERS’ EQUITY: Preferred stock, $0.0000025 par value; 50,000 shares authorized as of October 31, 2024 and January 31, 2024; no shares issued and outstanding as of October 31, 2024 and January 31, 2024 — — Class A Common stock, $0.0000025 par value; 1,500,000 shares authorized as of October 31, 2024 and January 31, 2024; 140,528 and 114,670 shares issued and outstanding as of October 31, 2024 and January 31, 2024, respectively — — Class B Common stock, $0.0000025 par value; 250,000 shares authorized as of October 31, 2024 and January 31, 2024; 21,555 and 42,887 shares issued and outstanding as of October 31, 2024 and January 31, 2024, respectively — — Additional paid-in capital 1,891,653 1,718,661 Accumulated deficit (1,161,952 ) (1,149,822 ) Accumulated other comprehensive income (loss) (4,996 ) 2,335 Total GitLab stockholders’ equity 724,705 571,174 Noncontrolling interests 45,518 46,760 TOTAL STOCKHOLDERS’ EQUITY 770,223 617,934 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,252,639 $ 1,317,861 (1) As of October 31, 2024 and January 31, 2024, the consolidated balance sheet includes assets of the consolidated variable interest entity, GitLab Information Technology (Hubei) Co., LTD (“JiHu”), of $43.4 million and $47.6 million, respectively, and liabilities of $6.1 million for each period presented. The assets of JiHu can be used only to settle obligations of JiHu and creditors of JiHu do not have recourse against the general credit of GitLab Inc. GitLab Inc. Condensed Consolidated Statements of Operations (in thousands, except per share data) (unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Revenue: Subscription—self-managed and SaaS $ 175,257 $ 130,993 $ 489,617 $ 364,280 License—self-managed and other 20,790 18,675 58,201 51,847 Total revenue 196,047 149,668 547,818 416,127 Cost of revenue: Subscription—self-managed and SaaS 17,170 11,559 47,639 33,321 License—self-managed and other 4,955 3,525 14,632 10,398 Total cost of revenue 22,125 15,084 62,271 43,719 Gross profit 173,922 134,584 485,547 372,408 Operating expenses: Sales and marketing 95,340 86,978 285,542 265,631 Research and development 61,354 49,058 176,767 148,452 General and administrative 45,960 38,815 146,615 110,882 Total operating expenses 202,654 174,851 608,924 524,965 Loss from operations (28,732 ) (40,267 ) (123,377 ) (152,557 ) Interest income 12,586 10,874 37,443 27,301 Other income (expense), net 4,992 569 5,457 (508 ) Loss before income taxes and loss from equity method investment (11,154 ) (28,824 ) (80,477 ) (125,764 ) Loss from equity method investment, net of tax — (743 ) — (2,408 ) Provision for (benefit from) income taxes (39,421 ) 256,788 (66,131 ) 262,290 Net income (loss) $ 28,267 $ (286,355 ) $ (14,346 ) $ (390,462 ) Net loss attributable to noncontrolling interest (1,298 ) (1,197 ) (2,216 ) (2,755 ) Net income (loss) attributable to GitLab $ 29,565 $ (285,158 ) $ (12,130 ) $ (387,707 ) Net income (loss) per share attributable to GitLab Class A and Class B common stockholders: Basic $ 0.18 $ (1.84 ) $ (0.08 ) $ (2.53 ) Diluted $ 0.18 $ (1.84 ) $ (0.08 ) $ (2.53 ) Weighted-average shares used to compute net income (loss) per share attributable to GitLab Class A and Class B common stockholders: Basic 161,317 155,123 159,756 153,504 Diluted 167,436 155,123 159,756 153,504 GitLab Inc. Condensed Consolidated Statements of Cash Flows (in thousands) (unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 CASH FLOWS FROM OPERATING ACTIVITIES: Net income (loss), including amounts attributable to noncontrolling interest $ 28,267 $ (286,355 ) $ (14,346 ) $ (390,462 ) Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: Stock-based compensation expense 48,042 41,334 139,263 120,032 Change in fair value of acquisition related contingent consideration — — 3,750 — Charitable donation of common stock 2,957 2,675 8,871 8,025 Amortization of intangible assets 2,511 521 5,931 1,646 Depreciation expense 680 1,123 2,361 3,329 Amortization of deferred contract acquisition costs 12,704 10,447 35,650 31,066 Loss from equity method investment — 940 — 3,048 Net amortization of premiums or discounts on short-term investments (3,792 ) (5,867 ) (12,933 ) (14,361 ) Unrealized foreign exchange loss (gain), net (5,184 ) (573 ) (5,442 ) 252 Other non-cash expense, net 467 420 768 317 Changes in assets and liabilities: Accounts receivable (32,883 ) (30,572 ) (31,658 ) (5,291 ) Prepaid expenses and other current assets (10,773 ) (3,935 ) 2,498 (8,183 ) Deferred contract acquisition costs (14,751 ) (13,623 ) (35,706 ) (31,760 ) Other non-current assets 1,348 (453 ) 851 (1,174 ) Accounts payable (1,317 ) 799 33 (224 ) Accrued expenses and other current liabilities (220,071 ) 244,674 (241,704 ) 245,857 Accrued compensation and benefits (1,913 ) 231 (8,815 ) 2,842 Deferred revenue 19,665 14,270 34,503 29,158 Other non-current liabilities (2,985 ) 17,983 (11,068 ) 16,070 Net cash provided by (used in) operating activities (177,028 ) (5,961 ) (127,193 ) 10,187 CASH FLOWS FROM INVESTING ACTIVITIES: Purchases of short-term investments (240,136 ) (238,680 ) (503,394 ) (573,676 ) Proceeds from maturities of short-term investments 148,763 253,995 524,862 526,979 Purchases of property and equipment (1,057 ) (736 ) (2,608 ) (1,269 ) Payments for business combination, net of cash acquired — — (20,210 ) — Payments for asset acquisition (346 ) — (7,660 ) — Escrow payment related to business combination, after acquisition date — — — (2,500 ) Other investing activities — — 457 — Net cash provided by (used in) investing activities (92,776 ) 14,579 (8,553 ) (50,466 ) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from the issuance of common stock upon exercise of stock options, including early exercises, net of repurchases 7,822 4,715 17,895 22,492 Issuance of common stock under employee stock purchase plan — — 7,932 7,751 Settlement of acquisition related contingent cash consideration (4,900 ) — (4,900 ) — Net cash provided by financing activities 2,922 4,715 20,927 30,243 Impact of foreign exchange on cash and cash equivalents 4,898 (1,249 ) 3,455 (2,557 ) Net decrease in cash and cash equivalents (261,984 ) 12,084 (111,364 ) (12,593 ) Cash and cash equivalents at beginning of period 438,616 273,225 287,996 297,902 Cash and cash equivalents at end of period $ 176,632 $ 285,309 $ 176,632 $ 285,309 GitLab Inc. Reconciliation of GAAP to Non-GAAP (in thousands, except per share data) (unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Gross profit on GAAP basis $ 173,922 $ 134,584 $ 485,547 $ 372,408 Gross margin on GAAP basis 89 % 90 % 89 % 89 % Stock-based compensation expense 1,993 1,648 5,924 4,760 Amortization of acquired intangibles 2,511 521 5,931 1,546 Restructuring charges — — — 463 Gross profit on non-GAAP basis $ 178,426 $ 136,753 $ 497,402 $ 379,177 Gross margin on non-GAAP basis 91 % 91 % 91 % 91 % Sales and marketing on GAAP basis $ 95,340 $ 86,978 $ 285,542 $ 265,631 Stock-based compensation expense (17,012 ) (16,523 ) (54,290 ) (51,582 ) Restructuring charges (130 ) 54 (1,126 ) (3,623 ) Sales and marketing on non-GAAP basis $ 78,198 $ 70,509 $ 230,126 $ 210,426 Research and development on GAAP basis $ 61,354 $ 49,058 $ 176,767 $ 148,452 Stock-based compensation expense (14,384 ) (12,738 ) (42,834 ) (36,917 ) Restructuring charges — (72 ) (393 ) (2,119 ) Research and development on non-GAAP basis $ 46,970 $ 36,248 $ 133,540 $ 109,416 General and administrative on GAAP basis $ 45,960 $ 38,815 $ 146,615 $ 110,882 Stock-based compensation expense (14,653 ) (10,425 ) (36,215 ) (26,773 ) Amortization of acquired intangibles — — — (100 ) Restructuring charges 11 4 (377 ) (1,634 ) Charitable donation of common stock (2,957 ) (2,675 ) (8,871 ) (8,025 ) Changes in the fair value of acquisition related contingent consideration — — (3,750 ) — Acquisition related expenses (140 ) — (2,849 ) — Other non-recurring charges (872 ) (413 ) (1,084 ) (413 ) General and administrative on non-GAAP basis $ 27,349 $ 25,306 $ 93,469 $ 73,937 Loss from operations on GAAP basis $ (28,732 ) $ (40,267 ) $ (123,377 ) $ (152,557 ) Stock-based compensation expense 48,042 41,334 139,263 120,032 Amortization of acquired intangibles 2,511 521 5,931 1,646 Restructuring charges 119 14 1,896 7,839 Charitable donation of common stock 2,957 2,675 8,871 8,025 Changes in the fair value of acquisition related contingent consideration — — 3,750 — Acquisition related expenses 140 — 2,849 — Other non-recurring charges 872 413 1,084 413 Income (loss) from operations on non-GAAP basis $ 25,909 $ 4,690 $ 40,267 $ (14,602 ) Other income (expense), net on GAAP basis $ 4,992 $ 569 $ 5,457 $ (508 ) Foreign exchange gains (losses), net (5,096 ) (488 ) (5,326 ) 506 Other income (expense), net on non-GAAP basis $ (104 ) $ 81 $ 131 $ (2 ) Net income (loss) attributable to GitLab common stockholders on GAAP basis $ 29,565 $ (285,158 ) $ (12,130 ) $ (387,707 ) Stock-based compensation expense 48,042 41,334 139,263 120,032 Amortization of acquired intangibles 2,511 521 5,931 1,646 Restructuring charges 119 14 1,896 7,839 Charitable donation of common stock 2,957 2,675 8,871 8,025 Changes in the fair value of acquisition related contingent consideration — — 3,750 — Acquisition related expenses 140 — 2,849 — Loss from equity method investment, net of tax — 743 — 2,408 Foreign exchange gains (losses), net (5,096 ) (488 ) (5,326 ) 506 Income tax adjustment (39,965 ) 254,392 (78,047 ) 254,392 Other non-recurring charges 872 413 1,084 413 Net income attributable to GitLab common stockholders on non-GAAP basis $ 39,145 $ 14,446 $ 68,141 $ 7,554 GAAP net income (loss) per share, basic $ 0.18 $ (1.84 ) $ (0.08 ) $ (2.53 ) GAAP net income (loss) per share, diluted $ 0.18 $ (1.84 ) $ (0.08 ) $ (2.53 ) Non-GAAP net income per share, basic $ 0.24 $ 0.09 $ 0.43 $ 0.05 Non-GAAP net income per share, diluted $ 0.23 $ 0.09 $ 0.41 $ 0.05 Shares used in per share calculation - basic on GAAP basis 161,317 155,123 159,756 153,504 Effect of dilutive securities 6,119 7,671 7,637 7,774 Shares used in per share calculation - diluted on non-GAAP basis 167,436 162,794 167,393 161,278 GitLab Inc. Reconciliation of GAAP Cash Flow from Operating Activities to Adjusted Free Cash Flow (in thousands) (unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Computation of adjusted free cash flow GAAP net cash provided by (used in) operating activities $ (177,028 ) $ (5,961 ) $ (127,193 ) $ 10,187 Less: Purchases of property and equipment (1,057 ) (736 ) (2,608 ) (1,269 ) Add: Income tax payments related to BAPA 187,735 — 187,735 — Non-GAAP adjusted free cash flow $ 9,650 $ (6,697 ) $ 57,934 $ 8,918 View source version on businesswire.com : https://www.businesswire.com/news/home/20241205686308/en/ CONTACT: Media Contact: Lisa Boughner VP, Global Communications GitLab Inc. press@gitlab.com Investor Contact: Kelsey Turcotte VP, Investor Relations GitLab Inc. ir@gitlab.com KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: DATA MANAGEMENT SECURITY APPS/APPLICATIONS TECHNOLOGY SOFTWARE ARTIFICIAL INTELLIGENCE SOURCE: GitLab Inc. Copyright Business Wire 2024. PUB: 12/05/2024 04:06 PM/DISC: 12/05/2024 04:05 PM http://www.businesswire.com/news/home/20241205686308/enMeet Vision8's Newest Talent KAIYI

DEA Denies Allegations Of Colluding With Anti-Marijuana Group While Involved In Cannabis Rescheduling ProcessThe Prime Minister insisted the UK will back Ukraine “for as long as it takes” as he made a speech at the Lord Mayor’s Banquet in London, but for the first time acknowledged the conflict could move towards a negotiated end. Ukrainian President Volodymyr Zelensky has in recent weeks suggested he is open to a possible ceasefire with Vladimir Putin’s Russia. Kyiv and its European allies meanwhile fear the advent of Donald Trump’s return to the White House could result in American aid being halted. President-elect Trump has said he would prefer to move towards a peace deal, and has claimed he could end the conflict on “day one” of his time in power. As he attempts to strike up a good relationship with the incoming president, Sir Keir revealed he had told Mr Trump the UK “will invest more deeply than ever in this transatlantic bond with our American friends in the years to come”. In his speech at London’s Guildhall, the Prime Minister said there is “no question it is right we support Ukraine”, as the UK’s aid to Kyiv is “deeply in our self-interest”. Allowing Russia to win the war would mean “other autocrats would believe they can follow Putin’s example,” he warned. Sir Keir added: “So we must continue to back Ukraine and do what it takes to support their self-defence for as long as it takes. “To put Ukraine in the strongest possible position for negotiations so they can secure a just and lasting peace on their terms that guarantees their security, independence, and right to choose their own future.” Mr Zelensky told Sky News over the weekend he would be open to speaking with Mr Putin, but branded the Russian president a “terrorist”. He also suggested Ukrainian territory under his control should be taken under the “Nato umbrella” to try to stop the “hot stage” of the war with Russia. In a banquet speech focused on foreign affairs, the Prime Minister said it was “plain wrong” to suggest the UK must choose between its allies, adding: “I reject it utterly. “(Clement) Attlee did not choose between allies. (Winston) Churchill did not choose. “The national interest demands that we work with both.” Sir Keir said the UK and the US were “intertwined” when it came to commerce, technology and security. The Prime Minister added: “That’s why, when President Trump graciously hosted me for dinner in Trump Tower, I told him that we will invest more deeply than ever in this transatlantic bond with our American friends in the years to come.” He also repeated his commitment to “rebuild our ties with Europe” and insisted he was right to try to build closer links with China. “It is remarkable that until I met President Xi last month there had been no face-to-face meeting between British and Chinese leaders for six years,” the Prime Minister said. “We can’t simply look the other way. We need to engage. To co-operate, to compete and to challenge on growth, on security concerns, on climate as well as addressing our differences in a full and frank way on issues like Hong Kong, human rights, and sanctions on our parliamentarians,” he added. The Prime Minister said he wants Britain’s role in the world to be that of “a constant and responsible actor in turbulent times”. He added: “To be the soundest ally and to be determined, always, in everything we do. “Every exchange we have with other nations, every agreement we enter into to deliver for the British people and show, beyond doubt, that Britain is back.” Ahead of Sir Keir’s speech, Lord Mayor Alastair King urged the Prime Minister and his Government to loosen regulations on the City of London to help it maintain its competitive edge. In an echo of Sir Keir’s commitment to drive the UK’s economic growth, the Lord Mayor said: “The idealist will dream of growth, but the pragmatist understands that our most effective machinery to drive growth is here in the City, in the hands of some of the brightest and most committed people that you will find anywhere in the world.”President-elect Trump wants to again rename North America's tallest peak

LINCOLN — There’s a cost to Nebraska football embracing its 34-year tradition of Black Friday games. A chance to reflect much, for one thing. Or celebrate, for another. NU on Saturday ended a 10-game losing streak to Wisconsin and a seven-season bowl drought in one fell swoop, but when the Huskers reconvened Monday, a short week of preparation for a nasty rival stared them right in the face. “We haven’t even had a team meeting since the game,” Nebraska coach Matt Rhule said at his weekly press conference. “We walked in today, 8 o’clock, and it’s Iowa special teams (prep). No time for ‘hey, great job.’ There’s no time for it.” Bad memories still linger in the Huskers’ minds, though. The Hawkeyes have won eight of the last nine in this series — six of those by one score, including last year, a 13-10 gut punch that kept Nebraska from making a bowl. If Iowa blew kisses at NU in 2019 on a game-winning field goal, they did something else in 2023. “Their players are waving at our guys — ‘hey, have a good Christmas!’ — that was painful,” Rhule said. “That was really painful. So I don’t doubt that our guys will be ready. But their guys will be ready. It really just comes down to football.” Win the turnover battle. Block and tackle well. Make plays when they’re available. Execute the way offensive coordinator Dana Holgorsen wants. To focus on those things — without the psychological pressure of a long December hanging over the program’s head — is a nice bonus to clinching the bowl before heading to Kinnick Stadium for a 6:30 p.m. game on NBC. The temps will be in the 20s; Nebraska, practicing outside most of the year, is prepared for that. Iowa’s offense, though fitted with a new coordinator, resembles a more effective version of the Hawkeyes’ recent attacks, with a blend of power and zone runs executed by running back Kaleb Johnson, second nationally in rush yards. Iowa ranks first in the Big Ten — and 13 th nationally — in rushing yards per game. “They’ve run some people off the field just by running the football down their throat,” Rhule said. So, Iowa is Iowa is Iowa. It was Iowa 10 years ago, when it lost 37-34 to Nebraska two days before the firing of Bo Pelini. It was Iowa two years ago on the day it lost to NU just as the school was finalizing a deal for Rhule. And at 7-4 overall — 5-3 in the Big Ten — this season, it is Iowa now. Nebraska, on the other hand, moved from a program with no bowl berths this decade to at least one this winter. It saw, in its win over Wisconsin, a work ethic rewarded, a process confirmed and a rare midseason offensive coordinator hire vindicated. “They know that they can do it, they know they’re capable of it,” Rhule said. “So let’s continue to do it. That’s the expectation now. What was once possible, now we know we can do it, so let’s do it.” Rhule anticipates Nebraska’s roster will be healthier after the flu ran through the team last week, and NU’s offense now manages playing time the way the Husker defensive coaches have — by who practices well during the week. That translated into backups who got more snaps against Wisconsin than other games this season — Emmett Johnson, Luke Lindenmeyer and Nate Boerkircher — and who stood more often on the sideline. That’s Holgorsen’s effect, to some degree, and it’s the new price of success. "Dana's brought a standard, offensively, that, I'm not going to say we didn't have before,” Rhule said, “but he has the experience to kind of follow through on it that will be good for us all to learn from.” The lessons learned in a game are the lessons learned in a season, Rhule said. The week is short, the prep is detailed and Iowa is Iowa. Who might Nebraska be? “We have to make sure the football’s right,” Rhule said. Get local news delivered to your inbox!NEW YORK (AP) — Bitcoin topped $100,000 for the first time this week as a massive rally in the world's most popular cryptocurrency, largely accelerated by the election of Donald Trump, rolls on. The cryptocurrency officially to rose six figures Wednesday night, just hours after the president-elect said he intends to nominate cryptocurrency advocate Paul Atkins to be the next chair of the Securities and Exchange Commission. Bitcoin has soared since Trump won the U.S. presidential election on Nov. 5. The asset climbed from $69,374 on Election Day, hitting as high as $103,713 Wednesday, according to CoinDesk. And the latest all-time high arrives just two years after bitcoin dropped below $17,000 following the collapse of crypto exchange FTX . Bitcoin fell back below the $100,000 by Thursday afternoon, sitting above $99,000 by 4 p.m. ET. Even amid a massive rally that has more than doubled the value of bitcoin this year, some experts continue to warn of investment risks around the asset, which has quite a volatile history. Here’s what you need to know. Back up. What is cryptocurrency again? Cryptocurrency has been around for a while now. But chances are you’ve heard about it more and more over the last few years. In basic terms, cryptocurrency is digital money. This kind of currency is designed to work through an online network without a central authority — meaning it’s typically not backed by any government or banking institution — and transactions get recorded with technology called a blockchain. Bitcoin is the largest and oldest cryptocurrency, although other assets like ethereum, XRP, tether and dogecoin have also gained popularity over the years. Some investors see cryptocurrency as a “digital alternative” to traditional money, but most daily financial transactions are still conducted using fiat currencies such as the dollar. Also, bitcoin can be very volatile, with its price reliant on larger market conditions. Why is bitcoin soaring? A lot of the recent action has to do with the outcome of the U.S. presidential election. Trump, who was once a crypto skeptic, has pledged to make the U.S. “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. His campaign accepted donations in cryptocurrency and he courted fans at a bitcoin conference in July. He also launched World Liberty Financial, a new venture with family members to trade cryptocurrencies. On Thursday morning, hours after bitcoin surpassed the $100,000 mark, Trump congratulated “BITCOINERS” on his social media platform Truth Social. He also appeared to take credit for the recent rally, writing, “YOU’RE WELCOME!!!” Top crypto players welcomed Trump’s election victory last month, in hopes that he would be able to push through legislative and regulatory changes that they’ve long lobbied for — which, generally speaking, aim for an increased sense of legitimacy without too much red tape. And the industry has made sizeable investments along the way. Back in August, Public Citizen, a left-leaning consumer rights advocacy nonprofit, reported finding that crypto-sector corporations spent more than $119 million in 2024 to back pro-crypto candidates across federal elections. Trump made his latest pro-crypto move when he announced his plans Wednesday to nominate Atkins to chair the SEC. Atkins was an SEC commissioner during the presidency of George W. Bush. In the years since leaving the agency, Atkins has made the case against too much market regulation. He joined the Token Alliance, a cryptocurrency advocacy organization, in 2017. Under current chair Gary Gensler, who will step down when Trump takes office, the SEC has cracked down on the crypto industry — penalizing a number of companies for violating securities laws. Gensler has also faced ample criticism from industry players in the process. One crypto-friendly move the SEC did make under Gensler was the approval in January of spot bitcoin ETFs, or exchange trade funds, which allow investors to have a stake in bitcoin without directly buying it. The spot ETFs were the dominant driver of bitcoin's price before Trump's win — but, like much of the crypto’s recent momentum, saw record inflows postelection. What does bitcoin hitting the $100k mark mean? Could it keep climbing? Bitcoin surpassing the coveted $100,000 mark has left much of the crypto world buzzing. “What we’re seeing isn’t just a rally — it’s a fundamental transformation of bitcoin’s place in the financial system,” Nathan McCauley, CEO and co-founder of crypto custodian Anchorage Digital, said in a statement — while pointing to the growth of who's entering the market, particularly with rising institutional adoption. Still, others note that the new heights of bitcoin's price don't necessarily mean the asset is going mainstream. The $100,000 level is “merely a psychological factor and ultimately just a number,” Dan Coatsworth, investment analyst at British investment company AJ Bell, wrote in a Thursday commentary . That being said, bitcoin could keep climbing to more and more all-time highs, particularly if Trump makes good on his promises for more crypto-friendly regulation once in office. If Trump actually makes a bitcoin reserve, for example, supply changes could also propel the price forward. “It is hard to overstate the magnitude of the change in Washington’s attitude towards crypto post-election,” Matt Hougan, chief investment officer at Bitwise Asset Management, said via email Thursday, reiterating that prices could keep rising if trends persist. “There is a lot more demand than there is supply, and that’s usually a pretty good recipe for success.” Still, as with everything in the volatile cryptoverse, the future is never promised. Worldwide regulatory uncertainties and environmental concerns around bitcoin “mining" — the creation of new bitcoin, which consumes a lot of energy — are among factors that analysts like Coatsworth note could hamper future growth. And, as still a relatively young asset with a history of volatility, longer-term adoption has yet to be seen through. Is it too late to invest? What are the risks? Today’s excitement around bitcoin may make many who aren’t already in the space want to get in on the action. For those in a position to invest, Hougan says it's not too late — noting that bitcoin is still early in its development and most institutional investors “still have zero exposure.” At the same time, Hougan and others maintain that it's important to tread cautiously and not bite off more than you can chew. Experts continue to stress caution around getting carried away with crypto “FOMO,” or the fear of missing out, especially for small-pocketed investors. “A lot of people have got rich from the cryptocurrency soaring in value this year, but this high-risk asset isn’t suitable for everyone,” Coatsworth noted Thursday. “It’s volatile, unpredictable and is driven by speculation, none of which makes for a sleep-at-night investment.” In short, history shows you can lose money in crypto as quickly as you’ve made it. Long-term price behavior relies on larger market conditions. Trading continues at all hours, every day. Coatsworth points to recent research from the Bank for International Settlements, a Switzerland-based global organization of central banks, which found that about three-quarters of retail buyers on crypto exchange apps likely lost money on their bitcoin investments between 2015 and 2022. At the start of the COVID-19 pandemic, bitcoin stood at just over $5,000. Its price climbed to nearly $69,000 by November 2021, during high demand for technology assets, but later crashed during an aggressive series of rate hikes by the Federal Reserve. And the late-2022 collapse of FTX significantly undermined confidence in crypto overall, with bitcoin falling below $17,000. Investors began returning in large numbers as inflation started to cool — and gains skyrocketed on the anticipation and then early success of spot ETFs, and again, now the post-election frenzy. But lighter regulation from the coming Trump administration could also mean less guardrails. _____ This story has been corrected to refer to Anchorage Digital as a crypto custodian, not a crypto asset manager. Wyatte Grantham-philips, The Associated Press

Indiana quarterback Rourke earns Jon Cornish Trophy as top Canadian in NCAA footballArticle content With an exotic name and jaw-dropping bodywork, the De Tomaso P72 hypercar is a road-legal salute to the marque’s legendary P70 – and it’s solely available with a six-speed manual transmission. Powered by a 5.0L supercharged V8 making the better part of 750 horsepower and 664 lb-ft of torque (that’s an even 900 Nm in Roman Catholic). Every bit of that shove is funnelled through the rear wheels, so it would behoove drivers to be paying attention when they uncork this beast. Weight is kept in check with a Slim Fast plan of carbon fibre, all of which is presented unpainted in this initial production-spec car which is planned to be used for final testing and validation before customers start taking delivery. The hand-assembled chassis is also hewn from the stuff of lightweight dreams. Despite all these eye-popping stats and details, it’s the interior of VIN 001 which steals the show. Described as ‘analogue nostalgia’, the space is sodden with sumptuous upholstery and the type of gauge cluster typically found in the likes of Pagani or Spyker cars twenty years ago. The De Tomaso design team say the sextet of copper-hued gauges are inspired by the tony worlds of jewelry – we can see parallels to the craft of watchmaking as well, with beautifully knurled surfaces and finely crafted details. Its speedometer reads 180 km/h just halfway through its sweep at the 12 o’clock position, which is just tremendous. It’s been over five years since the brand first unveiled this thing but an inconvenient pandemic and other hiccups mean this is the first production-spec example to appear. In a fit of marketing, De Tomaso is making just 72 copies of the P72, each priced at a cool 1.6 million Euros or roughly $2.4 million CAD at today’s exchange rates. Sign up for our newsletter Blind-Spot Monitor and follow our social channels on Instagram , Facebook and X to stay up to date on the latest automotive news, reviews, car culture, and vehicle shopping advice.President-elect Trump wants to again rename North America's tallest peak

TTC board approves ban on lithium-ion battery e-bikes during winter monthsTitans are their own worst enemy as they fail again to string together wins

People are being encouraged to prioritise their mental health this Christmas and to avoid engaging in conversations involving potentially inflammatory topics. Chief executive of Turn2Me, Fiona O'Malley, said people should generally avoid discussing politics, religion, and money at the dinner table. Advertisement "They're generally the topics that can cause division. So, if you pivot into other topics, that can be a good way to keep tensions low," she said. "Toxic family dynamics can be emotionally draining and remember that you do have the right to set boundaries and to prioritise your own mental health." The mental health charity said this time of year can magnify tensions, especially in family dynamics where "unresolved issues or dysfunctional patterns exist". Those who are forced to socialise with 'toxic' family members can find Christmas particularly tough, the charity said.winph4



Imperial Security: Setting the Gold Standard for Security Guard Services in Canada 12-23-2024 08:18 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: Getnews / PR Agency: Content Hum Image: https://www.globalnewslines.com/uploads/2024/12/1734701036.jpg Offering Reliable and Professional Security Guard Solutions Across Alberta and Beyond Imperial Security, a trusted name in the security industry, is proud to offer its premier security guard services in Canada, designed to safeguard businesses, communities, and individuals. Imperial Security focuses on professionalism, reliability, and advanced technology, ensuring a safe and secure environment for its clients nationwide. Imperial Security has been a pioneer in providing comprehensive security services tailored to meet the unique needs of diverse industries. From commercial establishments and residential properties to industrial sites and retail spaces, their highly trained personnel deliver unparalleled safety solutions. With a client-centric approach, Imperial Security offers customised plans to ensure peace of mind and maximum protection. The company's seamless integration of advanced tools such as GPS tracking, real-time reporting, and mobile patrolling ensures its services remain efficient and trustworthy. Imperial Security offers various security services across multiple regions, making it a trusted choice for businesses nationwide. Its security services in Canada [ https://imperialsecurity.ca/ ] include mobile and foot patrols for thorough site monitoring, advanced access control solutions to prevent unauthorised entry, and state-of-the-art surveillance technology. Additionally, it provides prompt emergency response services, ensuring quick and effective action when needed. With a focus on risk prevention and incident reduction, Imperial Security is a reliable partner for businesses and individuals seeking enhanced safety and security. "At Imperial Security, our mission is to offer security services that exceed expectations while prioritising client safety and satisfaction," says a spokesperson at Imperial Security. "Whether it's a small business, a large industrial site, or a community event, we are committed to delivering solutions that clients can depend on 24/7." Imperial Security has carved a niche in security guard in Alberta [ https://imperialsecurity.ca/alberta-security-company/ ], with its team of professionals trained to handle even the most challenging scenarios. The company's presence in Alberta includes tailored services for local businesses, public events, and high-risk sites. What sets it apart is its emphasis on combining traditional guarding methods with modern technological advancements, ensuring efficient and adaptive services. Imperial Security's guards maintain a strong commitment to excellence and client satisfaction from Edmonton to Calgary and other regions. Imperial Security has been a leader in security guard services in Calgary [ https://imperialsecurity.ca/calgary/security-guard-service/ ] and across Canada, providing top-tier safety solutions for businesses and communities. With decades of experience and a team of skilled professionals, the company offers services ranging from access control and surveillance to patrols and emergency response. Imperial Security remains dedicated to setting industry standards and ensuring the safety of its clients. Location: https://www.google.com/maps/embed?pb=!1m14!1m8!1m3!1d142859.2487923807!2d-114.1577336!3d51.0844226!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x53716f6dd7f0b8a9%3A0x8c59fc32c7f04ffe!2sImperial%20Security%20-%20Calgary!5e1!3m2!1sen!2suk!4v1734701146418!5m2!1sen!2suk Media Contact Company Name: Imperial Security Email: Send Email [ http://www.universalpressrelease.com/?pr=imperial-security-setting-the-gold-standard-for-security-guard-services-in-canada ] Phone: +17804379974 Address:10665 Jasper Ave 14th Floor Alderbridge Business Centre City: Edmonton State: Alberta T5J 3S9 Country: Canada Website: https://imperialsecurity.ca/ This release was published on openPR.

Despite technological advancements and evolving workplace dynamics, people’s relationship with work ... [+] remains strained. Is work working? Despite technological advancements and evolving workplace dynamics, people’s relationship with work remains strained. A new worldwide study from HP reveals a disconnect between employees and their jobs despite many companies rethinking workplace tools and offering employees more flexibility. HP’s second annual Work Relationship Index , a survey of over 15,600 individuals across 12 countries, finds that only 28% of knowledge workers report a healthy relationship with work. The new WRI shows a consistent trend in employee engagement drivers, with scores remaining relatively stable compared to 2023. For example, the scores for workspace (defined as flexibility and trust in where employees work) and tools (the right technology to drive employee engagement) both remained flat at 25 and 26 out of 100, respectively. People-centricity, now at 24, and leadership, at 26, each went up by one point. Skills—meaning building confidence by tapping into the enthusiasm to learn new skills—also increased one point, but its overall score of 32 indicates that it is a stronger driver of a healthy work relationship. While the stability of these drivers suggests that the fundamental elements of a positive work experience remain the same, it also indicates that not much has changed in the past 12 months regarding building a better worker experience. This is especially clear in the answers to questions about trust in senior leadership and how workers want to be seen as individuals. The key takeaway? Work isn’t working because the way we work is outdated. Companies haven’t adapted to the needs of today’s workers, who crave individuality and tailored experiences instead of being treated like cogs in a machine. But there’s hope. The WRI identifies two potential solutions for fostering healthier work relationships: personalized work experiences and AI. The need for these solutions is becoming increasingly urgent, as reflected by the nearly three-quarters of leaders surveyed who agreed that it is critical to redefine the world’s relationship with work. The Personalized Employee Experience Large majorities of knowledge workers (68%), business leaders (75%) and IT decision makers (76%) said they desire personalized work experiences—including having access to the right technologies and workspaces and the ability to shape a flexible schedule. Well over half of the knowledge workers surveyed stated that having these needs met would make them more invested in their company’s growth, enhance their overall well-being and incentivize them to stay with their current employer. In fact, the WRI indicates that knowledge workers who feel their work experience is customized to their preferences are more than twice as likely to have a healthy relationship with work. Save Up To 75% With The Best Black Friday Clothing Deals That Are Still Running 10 Unofficial Hoka Cyber Week Sales You Don’t Want To Miss The WRI shows that this issue is important enough that employees are willing to put their money where their mouths are about it. A staggering 87% of workers globally report being willing to forgo a portion of their salary—14% on average—to achieve a more personalized work environment. Gen Z workers report being willing to give up as much as 19% on average to have a customized work environment. The Rise Of AI And Its Impact On Work-Life Balance Can AI help with customizing the workplace? The past year has seen an explosive surge in AI adoption, particularly in the workplace. In 2023, 38% of knowledge workers, 68% of business leaders and 63% of IT decision makers had used AI at work. In 2024, as AI started to shift from hype to realized benefits, knowledge workers (66%) and ITDMs (91%) each reported dramatic 28-point increases in AI usage, while business leaders (88%) showed a significant 20-point jump. Workers who use AI report greater job satisfaction and work-life balance. AI tools automate tasks, streamline workflows and give employees more time and opportunities to enjoy their work—so much so that 60% of WRI respondents who use AI credit it with contributing to a better work-life balance, while 68% say AI opens up new opportunities for them to enjoy their work. This correlation between AI usage and work-life balance highlights an urgency to integrate AI into the workplace, especially considering the growing fear of job displacement among non-AI users. It’s no accident that HP sponsored this research—and asked so much about AI—given the technology it deploys in the workplace. Like other big PC makers, HP has integrated AI into its latest generation of PCs, with features designed to optimize user experiences, boost productivity and enhance collaboration. For instance, HP offers an AI Companion to help users with tasks such as refining workflows and optimizing PC settings; in theory, this should make customizing work experiences much simpler without IT involvement. For remote collaboration, HP’s Poly Camera Pro leverages AI to enhance webcam capabilities, for example by intelligently blurring and replacing backgrounds on video calls. Features such as these can improve the quality of virtual interactions, which can be crucial considerations for remote workers. Computer OEMs are counting on rapid enterprise adoption of AI PCs , with many industry watchers predicting major upgrade cycles from now through 2025, and some industry insiders projecting that AI PCs will dominate the PC market by the end of this decade. If this does come to pass, it will be interesting to see if these technology upgrades have an impact on future versions of the WRI. The Leadership Gap And The Rise Of Female Leaders While the WRI highlights the importance of strong leadership in cultivating a healthy work relationship, it also reveals a concerning trend: only 44% of leaders express confidence in their human skills (sometimes called “soft” skills), such as empathy and communication. This is concerning because 78% of employees highly value empathy from their leaders, yet only 28% see it consistently. A lack of empathy in leaders can lead to misunderstandings, decreased morale and a decline in overall productivity. However, this gap in leadership presents an opportunity for positive change. The study found that female business leaders are significantly more confident than their male counterparts in both the “hard” technical skills and the human skills required to succeed at work. On average, women are 10 points more confident in their hard skills and 13 points more confident in their soft skills compared to their male counterparts. This suggests a potential shift in leadership paradigms, one in which more women can rise to leadership positions. This shift may also present a crucial challenge for men in leadership roles. To thrive in this evolving workplace, men must actively develop and embrace these essential human skills, which could create a more balanced and effective leadership environment for everyone. Looking Ahead: Embracing AI And Personalization Regardless of the specific leadership or technology developments that unfold in the future, it is clear that employer and employee expectations have evolved, and that leveraging both smarter management practices and smarter technology is essential to meeting the needs of today’s workforce. In particular, AI will shape the future of work by creating solutions and experiences that foster business growth while supporting personal and professional fulfillment. The findings of the HP Work Relationship Index serve as a wake-up call for organizations worldwide. By embracing AI, prioritizing personalization and fostering empathetic leadership, companies can cultivate a work environment where both employees and their organizations thrive.

More Pa. Dems got $100 checks that may be from Elon Musk's PAC. Some aren't cashing them in protest.

Argan, Inc. Reports Third Quarter Fiscal 2025 ResultsSAN FRANCISCO--(BUSINESS WIRE)--Dec 5, 2024-- All Remote – GitLab Inc. (NASDAQ: GTLB), the most comprehensive AI-powered DevSecOps platform, today reported financial results for its third quarter fiscal year 2025, ended October 31, 2024. “GitLab’s growth at scale is a testament to the demand for a platform approach to software development,” said Sid Sijbrandij, co-founder and executive chair of the board of directors, GitLab Inc. “Our end-to-end DevSecOps platform addresses our customers’ need to accelerate the pace of software development to remain competitive, innovate faster, and ship software more securely.” In a separate press release issued today, December 5, 2024, the company announced Bill Staples was named CEO and a member of the board of directors effective today. Staples succeeds co-founder and CEO Sid Sijbrandij, who is stepping down from his day-to-day role to focus on his health. Sijbrandij will transition to executive chair of the GitLab board of directors. The announcement can be found at https://ir.gitlab.com/ . “We delivered record non-GAAP operating margins as our third quarter fiscal year 2025 revenue reached $196 million dollars, an increase of 31% year-over-year,” said Brian Robins, GitLab chief financial officer. “I am very pleased with our results and the team’s execution as we continue to deliver against our commitment to responsible growth.” Third Quarter Fiscal Year 2025 Financial Highlights (in millions, except per share data and percentages) : Q3 FY 2025 Q3 FY 2024 Y/Y Change Revenue $ 196.0 $ 149.7 31 % GAAP Gross margin 89 % 90 % Non-GAAP Gross margin 91 % 91 % GAAP Operating margin (15 )% (27 )% Non-GAAP Operating margin 13 % 3 % GAAP Operating loss $ (28.7 ) $ (40.3 ) $ 11.6 Non-GAAP Operating income $ 25.9 $ 4.7 $ 21.2 GAAP Net Income (loss) attributable to GitLab $ 29.6 $ (285.2 ) $ 314.8 Non-GAAP Net income attributable to GitLab $ 39.1 $ 14.4 $ 24.7 GAAP Net income (loss) per share attributable to GitLab, basic $ 0.18 $ (1.84 ) $ 2.02 GAAP Net income (loss) per share attributable to GitLab, diluted $ 0.18 $ (1.84 ) $ 2.02 Non-GAAP Net income per share attributable to GitLab, basic $ 0.24 $ 0.09 $ 0.15 Non-GAAP Net income per share attributable to GitLab, diluted $ 0.23 $ 0.09 $ 0.14 GAAP net cash used in operating activities $ (177.0 ) $ (6.0 ) $ (171.0 ) Non-GAAP adjusted free cash flow $ 9.7 $ (6.7 ) $ 16.4 A reconciliation between GAAP and non-GAAP financial measures is contained in this release under the section titled “Non-GAAP Financial Measures.” Additional Financial Highlights: Customers with more than $5,000 of ARR reached 9,519, an increase of 16% year-over-year. Customers with more than $100,000 of ARR reached 1,144, an increase of 31% year-over-year. Dollar-Based Net Retention Rate was 124%. Total RPO grew 48% year-over-year to $811.8 million, while cRPO grew 39% to $515.2 million. Business Highlights: Recognized as a Leader in the Gartner® Magic QuadrantTM for DevOps Platforms for the second consecutive year. Announced an integrated offering with AWS that brings together GitLab Duo and Amazon Q. Together, GitLab Duo and Amazon Q provide a seamless AI-powered developer experience that combines DevSecOps workflows and AWS environments to help organizations ship secure software faster. Announced the general availability of Advanced SAST for GitLab Ultimate customers, leveraging technology acquired with Oxeye, for more accurate vulnerability detections in first-party code. Fourth Quarter and Fiscal Year 2025 Financial Outlook For the fourth quarter and fiscal year 2025, GitLab Inc. expects ( in millions, except share and per share data) : Q4 FY 2025 Guidance FY 2025 Guidance Revenue $205.0 - $206.0 $753 - $754 Non-GAAP operating income $28.0 - $29.0 $69 - $70 Non-GAAP diluted net income per share assuming approximately 170 million and 168 million weighted average shares outstanding during Q4 FY 2025 and FY 2025, respectively. $0.22 - $0.23 $0.63 - $0.64 These statements are forward-looking and actual results may differ materially as a result of many factors. Refer to the Forward-Looking Statements safe harbor below for information on the factors that could cause our actual results to differ materially from these forward-looking statements. A reconciliation of GAAP to non-GAAP financial measures has been provided in the financial statement tables included in this press release. An explanation of these measures is also included below in Non-GAAP Financial Measures. We have not provided the most directly comparable GAAP financial guidance measures because certain items are out of our control or cannot be reasonably predicted. Accordingly, a reconciliation of non-GAAP guidance for operating income (loss) and net income (loss) per share to the corresponding GAAP measures is not available. Conference Call Information GitLab will host a conference call today, December 5, 2024, at 1:30 p.m. (PT) / 4:30 p.m. (ET) to discuss its third quarter fiscal year 2025 financial results and its guidance for the fourth quarter and fiscal year 2025. Interested parties may register for the call in advance by visiting https://bit.ly/3Ul8cwM . A live webcast of this conference call will be available on GitLab’s investor relations website ( ir.gitlab.com ), and a replay will also be archived on the website for one year. About GitLab GitLab is the most comprehensive AI-powered DevSecOps platform for software innovation. GitLab enables organizations to increase developer productivity, improve operational efficiency, reduce security and compliance risk, and accelerate digital transformation. More than 40 million registered users and more than 50% of the Fortune 100 trust GitLab to ship better, more secure software faster. Non-GAAP Financial Measures GitLab believes non-GAAP measures are useful in evaluating its operating performance. GitLab uses this supplemental information to evaluate its ongoing operations and for internal planning and forecasting purposes. GitLab believes that non-GAAP financial information, when taken collectively with its GAAP financial information, may be helpful to investors because it provides consistency and comparability with past financial performance. However, non-GAAP financial information is presented for supplemental informational purposes only, has limitations as an analytical tool, and should not be considered in isolation or as a substitute for financial information presented in accordance with GAAP. Reconciliations of non-GAAP financial measures to the most directly comparable financial results as determined in accordance with GAAP are included at the end of this press release following the accompanying financial data. We define non-GAAP financial measures as GAAP measures, excluding certain items such as stock-based compensation expense, amortization of acquired intangible assets, foreign exchange (gain) loss, equity method investment loss and impairment, acquisition related expenses, changes in the fair value of acquisition related contingent consideration, charitable donation of common stock, restructuring charges, a non-recurring income tax adjustment related to bilateral advance pricing agreement (“BAPA”) negotiations, and other expenses that the Company believes are not indicative of its ongoing operations. Shares used for net income per share on a non-GAAP basis include incremental dilutive shares related to restricted stock units, options, and shares issuable under GitLab Inc.’s 2021 Employee Stock Purchase Plan that are anti-dilutive on a GAAP basis. A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty of expenses that may be incurred in the future. Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures and not rely on any single financial measure to evaluate our business. Adjusted Free Cash Flow Adjusted free cash flow is a non-GAAP financial measure that we calculate as net cash provided by operating activities less cash used for purchases of property and equipment, plus any non-recurring income tax payments related to BAPA. We believe that adjusted free cash flow is a useful indicator of liquidity that provides information to management and investors about the amount of cash generated from our operations that, after the investments in property and equipment and any non-recurring income tax payments related to BAPA, can be used for strategic initiatives, including investing in our business, and strengthening our financial position. One limitation of adjusted free cash flow is that it does not reflect our future contractual commitments. Additionally, adjusted free cash flow does not represent the total increase or decrease in our cash balance for a given period. Forward-Looking Statements This press release and the accompanying earnings call contain “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. Although we believe that the expectations reflected in the forward-looking statements contained in this release and the accompanying earnings call are reasonable, they are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results or outcomes to be materially different from any future results or outcomes expressed or implied by the forward-looking statements. These risks, uncertainties, assumptions, and other factors include, but are not limited to the following: our ability to effectively manage our growth; our revenue growth rate in the future; our ability to achieve and sustain profitability, our business, financial condition, and operating results; security and privacy breaches; intense competition in our markets and loss of market share to our competitors; our ability to respond to rapid technological changes; the market for our services may not grow; a decline in our customer renewals and expansions; fluctuations in our operating results; our incorporation of artificial intelligence features into our products; our transparency; our publicly available company Handbook; customers staying on our free self-managed or SaaS product offering; our ability to accurately predict the long-term rate of customer subscription renewals or adoption, or the impact of these renewals and adoption; our hiring model; the effects of ongoing armed conflict in different regions of the world on our business; and general economic conditions (including changes in interest rates, inflation, uncertainty of the federal budget, increased volatility in the capital markets, and instability in the global banking sector) and slow or negative growth of our markets. Further information on these and additional risks, uncertainties, and other factors that could cause actual outcomes and results to differ materially from those included in or contemplated by the forward-looking statements contained in this release are included under the caption “Risk Factors” and elsewhere in the filings and reports we make with the Securities and Exchange Commission. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events, except as required by law. Operating Metrics Annual Recurring Revenue (“ARR”): We define annual recurring revenue as the annual run-rate revenue of subscription agreements, including our self-managed and SaaS offerings but excluding professional services, from all customers as measured on the last day of a given month. We calculate ARR by taking the monthly recurring revenue (“MRR”) and multiplying it by 12. MRR for each month is calculated by aggregating, for all customers during that month, monthly revenue from committed contractual amounts of subscriptions, including our self-managed license, self-managed subscription, and SaaS subscription offerings but excluding professional services. Dollar-Based Net Retention Rate: We calculate Dollar-Based Net Retention Rate as of a period end by starting with our customers as of the 12 months prior to such period end (“Prior Period ARR”). We then calculate the ARR from these customers as of the current period end (“Current Period ARR”). The calculation of Current Period ARR includes any upsells, price adjustments, user growth within a customer, contraction, and attrition. We then divide the total Current Period ARR by the total Prior Period ARR to arrive at the Dollar-Based Net Retention Rate. GitLab Inc. Condensed Consolidated Balance Sheets (in thousands, except per share data) (unaudited) October 31, 2024 (1) January 31, 2024 (1) ASSETS CURRENT ASSETS: Cash and cash equivalents $ 176,632 $ 287,996 Short-term investments 740,340 748,289 Accounts receivable, net of allowance for doubtful accounts of $891 and $673 as of October 31, 2024 and January 31, 2024, respectively 197,555 166,731 Deferred contract acquisition costs, current 34,518 32,300 Prepaid expenses and other current assets 43,120 45,601 Total current assets 1,192,165 1,280,917 Property and equipment, net 3,563 2,954 Operating lease right-of-use assets 444 405 Goodwill 16,131 8,145 Intangible assets, net 19,536 1,733 Deferred contract acquisition costs, non-current 17,248 19,317 Other non-current assets 3,552 4,390 TOTAL ASSETS $ 1,252,639 $ 1,317,861 LIABILITIES AND STOCKHOLDERS’ EQUITY CURRENT LIABILITIES: Accounts payable $ 2,224 $ 1,738 Accrued expenses and other current liabilities 51,821 286,178 Accrued compensation and benefits 27,274 35,809 Deferred revenue, current 383,183 338,348 Total current liabilities 464,502 662,073 Deferred revenue, non-current 14,138 23,794 Other non-current liabilities 3,776 14,060 TOTAL LIABILITIES 482,416 699,927 STOCKHOLDERS’ EQUITY: Preferred stock, $0.0000025 par value; 50,000 shares authorized as of October 31, 2024 and January 31, 2024; no shares issued and outstanding as of October 31, 2024 and January 31, 2024 — — Class A Common stock, $0.0000025 par value; 1,500,000 shares authorized as of October 31, 2024 and January 31, 2024; 140,528 and 114,670 shares issued and outstanding as of October 31, 2024 and January 31, 2024, respectively — — Class B Common stock, $0.0000025 par value; 250,000 shares authorized as of October 31, 2024 and January 31, 2024; 21,555 and 42,887 shares issued and outstanding as of October 31, 2024 and January 31, 2024, respectively — — Additional paid-in capital 1,891,653 1,718,661 Accumulated deficit (1,161,952 ) (1,149,822 ) Accumulated other comprehensive income (loss) (4,996 ) 2,335 Total GitLab stockholders’ equity 724,705 571,174 Noncontrolling interests 45,518 46,760 TOTAL STOCKHOLDERS’ EQUITY 770,223 617,934 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,252,639 $ 1,317,861 (1) As of October 31, 2024 and January 31, 2024, the consolidated balance sheet includes assets of the consolidated variable interest entity, GitLab Information Technology (Hubei) Co., LTD (“JiHu”), of $43.4 million and $47.6 million, respectively, and liabilities of $6.1 million for each period presented. The assets of JiHu can be used only to settle obligations of JiHu and creditors of JiHu do not have recourse against the general credit of GitLab Inc. GitLab Inc. Condensed Consolidated Statements of Operations (in thousands, except per share data) (unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Revenue: Subscription—self-managed and SaaS $ 175,257 $ 130,993 $ 489,617 $ 364,280 License—self-managed and other 20,790 18,675 58,201 51,847 Total revenue 196,047 149,668 547,818 416,127 Cost of revenue: Subscription—self-managed and SaaS 17,170 11,559 47,639 33,321 License—self-managed and other 4,955 3,525 14,632 10,398 Total cost of revenue 22,125 15,084 62,271 43,719 Gross profit 173,922 134,584 485,547 372,408 Operating expenses: Sales and marketing 95,340 86,978 285,542 265,631 Research and development 61,354 49,058 176,767 148,452 General and administrative 45,960 38,815 146,615 110,882 Total operating expenses 202,654 174,851 608,924 524,965 Loss from operations (28,732 ) (40,267 ) (123,377 ) (152,557 ) Interest income 12,586 10,874 37,443 27,301 Other income (expense), net 4,992 569 5,457 (508 ) Loss before income taxes and loss from equity method investment (11,154 ) (28,824 ) (80,477 ) (125,764 ) Loss from equity method investment, net of tax — (743 ) — (2,408 ) Provision for (benefit from) income taxes (39,421 ) 256,788 (66,131 ) 262,290 Net income (loss) $ 28,267 $ (286,355 ) $ (14,346 ) $ (390,462 ) Net loss attributable to noncontrolling interest (1,298 ) (1,197 ) (2,216 ) (2,755 ) Net income (loss) attributable to GitLab $ 29,565 $ (285,158 ) $ (12,130 ) $ (387,707 ) Net income (loss) per share attributable to GitLab Class A and Class B common stockholders: Basic $ 0.18 $ (1.84 ) $ (0.08 ) $ (2.53 ) Diluted $ 0.18 $ (1.84 ) $ (0.08 ) $ (2.53 ) Weighted-average shares used to compute net income (loss) per share attributable to GitLab Class A and Class B common stockholders: Basic 161,317 155,123 159,756 153,504 Diluted 167,436 155,123 159,756 153,504 GitLab Inc. Condensed Consolidated Statements of Cash Flows (in thousands) (unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 CASH FLOWS FROM OPERATING ACTIVITIES: Net income (loss), including amounts attributable to noncontrolling interest $ 28,267 $ (286,355 ) $ (14,346 ) $ (390,462 ) Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: Stock-based compensation expense 48,042 41,334 139,263 120,032 Change in fair value of acquisition related contingent consideration — — 3,750 — Charitable donation of common stock 2,957 2,675 8,871 8,025 Amortization of intangible assets 2,511 521 5,931 1,646 Depreciation expense 680 1,123 2,361 3,329 Amortization of deferred contract acquisition costs 12,704 10,447 35,650 31,066 Loss from equity method investment — 940 — 3,048 Net amortization of premiums or discounts on short-term investments (3,792 ) (5,867 ) (12,933 ) (14,361 ) Unrealized foreign exchange loss (gain), net (5,184 ) (573 ) (5,442 ) 252 Other non-cash expense, net 467 420 768 317 Changes in assets and liabilities: Accounts receivable (32,883 ) (30,572 ) (31,658 ) (5,291 ) Prepaid expenses and other current assets (10,773 ) (3,935 ) 2,498 (8,183 ) Deferred contract acquisition costs (14,751 ) (13,623 ) (35,706 ) (31,760 ) Other non-current assets 1,348 (453 ) 851 (1,174 ) Accounts payable (1,317 ) 799 33 (224 ) Accrued expenses and other current liabilities (220,071 ) 244,674 (241,704 ) 245,857 Accrued compensation and benefits (1,913 ) 231 (8,815 ) 2,842 Deferred revenue 19,665 14,270 34,503 29,158 Other non-current liabilities (2,985 ) 17,983 (11,068 ) 16,070 Net cash provided by (used in) operating activities (177,028 ) (5,961 ) (127,193 ) 10,187 CASH FLOWS FROM INVESTING ACTIVITIES: Purchases of short-term investments (240,136 ) (238,680 ) (503,394 ) (573,676 ) Proceeds from maturities of short-term investments 148,763 253,995 524,862 526,979 Purchases of property and equipment (1,057 ) (736 ) (2,608 ) (1,269 ) Payments for business combination, net of cash acquired — — (20,210 ) — Payments for asset acquisition (346 ) — (7,660 ) — Escrow payment related to business combination, after acquisition date — — — (2,500 ) Other investing activities — — 457 — Net cash provided by (used in) investing activities (92,776 ) 14,579 (8,553 ) (50,466 ) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from the issuance of common stock upon exercise of stock options, including early exercises, net of repurchases 7,822 4,715 17,895 22,492 Issuance of common stock under employee stock purchase plan — — 7,932 7,751 Settlement of acquisition related contingent cash consideration (4,900 ) — (4,900 ) — Net cash provided by financing activities 2,922 4,715 20,927 30,243 Impact of foreign exchange on cash and cash equivalents 4,898 (1,249 ) 3,455 (2,557 ) Net decrease in cash and cash equivalents (261,984 ) 12,084 (111,364 ) (12,593 ) Cash and cash equivalents at beginning of period 438,616 273,225 287,996 297,902 Cash and cash equivalents at end of period $ 176,632 $ 285,309 $ 176,632 $ 285,309 GitLab Inc. Reconciliation of GAAP to Non-GAAP (in thousands, except per share data) (unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Gross profit on GAAP basis $ 173,922 $ 134,584 $ 485,547 $ 372,408 Gross margin on GAAP basis 89 % 90 % 89 % 89 % Stock-based compensation expense 1,993 1,648 5,924 4,760 Amortization of acquired intangibles 2,511 521 5,931 1,546 Restructuring charges — — — 463 Gross profit on non-GAAP basis $ 178,426 $ 136,753 $ 497,402 $ 379,177 Gross margin on non-GAAP basis 91 % 91 % 91 % 91 % Sales and marketing on GAAP basis $ 95,340 $ 86,978 $ 285,542 $ 265,631 Stock-based compensation expense (17,012 ) (16,523 ) (54,290 ) (51,582 ) Restructuring charges (130 ) 54 (1,126 ) (3,623 ) Sales and marketing on non-GAAP basis $ 78,198 $ 70,509 $ 230,126 $ 210,426 Research and development on GAAP basis $ 61,354 $ 49,058 $ 176,767 $ 148,452 Stock-based compensation expense (14,384 ) (12,738 ) (42,834 ) (36,917 ) Restructuring charges — (72 ) (393 ) (2,119 ) Research and development on non-GAAP basis $ 46,970 $ 36,248 $ 133,540 $ 109,416 General and administrative on GAAP basis $ 45,960 $ 38,815 $ 146,615 $ 110,882 Stock-based compensation expense (14,653 ) (10,425 ) (36,215 ) (26,773 ) Amortization of acquired intangibles — — — (100 ) Restructuring charges 11 4 (377 ) (1,634 ) Charitable donation of common stock (2,957 ) (2,675 ) (8,871 ) (8,025 ) Changes in the fair value of acquisition related contingent consideration — — (3,750 ) — Acquisition related expenses (140 ) — (2,849 ) — Other non-recurring charges (872 ) (413 ) (1,084 ) (413 ) General and administrative on non-GAAP basis $ 27,349 $ 25,306 $ 93,469 $ 73,937 Loss from operations on GAAP basis $ (28,732 ) $ (40,267 ) $ (123,377 ) $ (152,557 ) Stock-based compensation expense 48,042 41,334 139,263 120,032 Amortization of acquired intangibles 2,511 521 5,931 1,646 Restructuring charges 119 14 1,896 7,839 Charitable donation of common stock 2,957 2,675 8,871 8,025 Changes in the fair value of acquisition related contingent consideration — — 3,750 — Acquisition related expenses 140 — 2,849 — Other non-recurring charges 872 413 1,084 413 Income (loss) from operations on non-GAAP basis $ 25,909 $ 4,690 $ 40,267 $ (14,602 ) Other income (expense), net on GAAP basis $ 4,992 $ 569 $ 5,457 $ (508 ) Foreign exchange gains (losses), net (5,096 ) (488 ) (5,326 ) 506 Other income (expense), net on non-GAAP basis $ (104 ) $ 81 $ 131 $ (2 ) Net income (loss) attributable to GitLab common stockholders on GAAP basis $ 29,565 $ (285,158 ) $ (12,130 ) $ (387,707 ) Stock-based compensation expense 48,042 41,334 139,263 120,032 Amortization of acquired intangibles 2,511 521 5,931 1,646 Restructuring charges 119 14 1,896 7,839 Charitable donation of common stock 2,957 2,675 8,871 8,025 Changes in the fair value of acquisition related contingent consideration — — 3,750 — Acquisition related expenses 140 — 2,849 — Loss from equity method investment, net of tax — 743 — 2,408 Foreign exchange gains (losses), net (5,096 ) (488 ) (5,326 ) 506 Income tax adjustment (39,965 ) 254,392 (78,047 ) 254,392 Other non-recurring charges 872 413 1,084 413 Net income attributable to GitLab common stockholders on non-GAAP basis $ 39,145 $ 14,446 $ 68,141 $ 7,554 GAAP net income (loss) per share, basic $ 0.18 $ (1.84 ) $ (0.08 ) $ (2.53 ) GAAP net income (loss) per share, diluted $ 0.18 $ (1.84 ) $ (0.08 ) $ (2.53 ) Non-GAAP net income per share, basic $ 0.24 $ 0.09 $ 0.43 $ 0.05 Non-GAAP net income per share, diluted $ 0.23 $ 0.09 $ 0.41 $ 0.05 Shares used in per share calculation - basic on GAAP basis 161,317 155,123 159,756 153,504 Effect of dilutive securities 6,119 7,671 7,637 7,774 Shares used in per share calculation - diluted on non-GAAP basis 167,436 162,794 167,393 161,278 GitLab Inc. Reconciliation of GAAP Cash Flow from Operating Activities to Adjusted Free Cash Flow (in thousands) (unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Computation of adjusted free cash flow GAAP net cash provided by (used in) operating activities $ (177,028 ) $ (5,961 ) $ (127,193 ) $ 10,187 Less: Purchases of property and equipment (1,057 ) (736 ) (2,608 ) (1,269 ) Add: Income tax payments related to BAPA 187,735 — 187,735 — Non-GAAP adjusted free cash flow $ 9,650 $ (6,697 ) $ 57,934 $ 8,918 View source version on businesswire.com : https://www.businesswire.com/news/home/20241205686308/en/ CONTACT: Media Contact: Lisa Boughner VP, Global Communications GitLab Inc. press@gitlab.com Investor Contact: Kelsey Turcotte VP, Investor Relations GitLab Inc. ir@gitlab.com KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: DATA MANAGEMENT SECURITY APPS/APPLICATIONS TECHNOLOGY SOFTWARE ARTIFICIAL INTELLIGENCE SOURCE: GitLab Inc. Copyright Business Wire 2024. PUB: 12/05/2024 04:06 PM/DISC: 12/05/2024 04:05 PM http://www.businesswire.com/news/home/20241205686308/enMeet Vision8's Newest Talent KAIYI

DEA Denies Allegations Of Colluding With Anti-Marijuana Group While Involved In Cannabis Rescheduling ProcessThe Prime Minister insisted the UK will back Ukraine “for as long as it takes” as he made a speech at the Lord Mayor’s Banquet in London, but for the first time acknowledged the conflict could move towards a negotiated end. Ukrainian President Volodymyr Zelensky has in recent weeks suggested he is open to a possible ceasefire with Vladimir Putin’s Russia. Kyiv and its European allies meanwhile fear the advent of Donald Trump’s return to the White House could result in American aid being halted. President-elect Trump has said he would prefer to move towards a peace deal, and has claimed he could end the conflict on “day one” of his time in power. As he attempts to strike up a good relationship with the incoming president, Sir Keir revealed he had told Mr Trump the UK “will invest more deeply than ever in this transatlantic bond with our American friends in the years to come”. In his speech at London’s Guildhall, the Prime Minister said there is “no question it is right we support Ukraine”, as the UK’s aid to Kyiv is “deeply in our self-interest”. Allowing Russia to win the war would mean “other autocrats would believe they can follow Putin’s example,” he warned. Sir Keir added: “So we must continue to back Ukraine and do what it takes to support their self-defence for as long as it takes. “To put Ukraine in the strongest possible position for negotiations so they can secure a just and lasting peace on their terms that guarantees their security, independence, and right to choose their own future.” Mr Zelensky told Sky News over the weekend he would be open to speaking with Mr Putin, but branded the Russian president a “terrorist”. He also suggested Ukrainian territory under his control should be taken under the “Nato umbrella” to try to stop the “hot stage” of the war with Russia. In a banquet speech focused on foreign affairs, the Prime Minister said it was “plain wrong” to suggest the UK must choose between its allies, adding: “I reject it utterly. “(Clement) Attlee did not choose between allies. (Winston) Churchill did not choose. “The national interest demands that we work with both.” Sir Keir said the UK and the US were “intertwined” when it came to commerce, technology and security. The Prime Minister added: “That’s why, when President Trump graciously hosted me for dinner in Trump Tower, I told him that we will invest more deeply than ever in this transatlantic bond with our American friends in the years to come.” He also repeated his commitment to “rebuild our ties with Europe” and insisted he was right to try to build closer links with China. “It is remarkable that until I met President Xi last month there had been no face-to-face meeting between British and Chinese leaders for six years,” the Prime Minister said. “We can’t simply look the other way. We need to engage. To co-operate, to compete and to challenge on growth, on security concerns, on climate as well as addressing our differences in a full and frank way on issues like Hong Kong, human rights, and sanctions on our parliamentarians,” he added. The Prime Minister said he wants Britain’s role in the world to be that of “a constant and responsible actor in turbulent times”. He added: “To be the soundest ally and to be determined, always, in everything we do. “Every exchange we have with other nations, every agreement we enter into to deliver for the British people and show, beyond doubt, that Britain is back.” Ahead of Sir Keir’s speech, Lord Mayor Alastair King urged the Prime Minister and his Government to loosen regulations on the City of London to help it maintain its competitive edge. In an echo of Sir Keir’s commitment to drive the UK’s economic growth, the Lord Mayor said: “The idealist will dream of growth, but the pragmatist understands that our most effective machinery to drive growth is here in the City, in the hands of some of the brightest and most committed people that you will find anywhere in the world.”President-elect Trump wants to again rename North America's tallest peak

LINCOLN — There’s a cost to Nebraska football embracing its 34-year tradition of Black Friday games. A chance to reflect much, for one thing. Or celebrate, for another. NU on Saturday ended a 10-game losing streak to Wisconsin and a seven-season bowl drought in one fell swoop, but when the Huskers reconvened Monday, a short week of preparation for a nasty rival stared them right in the face. “We haven’t even had a team meeting since the game,” Nebraska coach Matt Rhule said at his weekly press conference. “We walked in today, 8 o’clock, and it’s Iowa special teams (prep). No time for ‘hey, great job.’ There’s no time for it.” Bad memories still linger in the Huskers’ minds, though. The Hawkeyes have won eight of the last nine in this series — six of those by one score, including last year, a 13-10 gut punch that kept Nebraska from making a bowl. If Iowa blew kisses at NU in 2019 on a game-winning field goal, they did something else in 2023. “Their players are waving at our guys — ‘hey, have a good Christmas!’ — that was painful,” Rhule said. “That was really painful. So I don’t doubt that our guys will be ready. But their guys will be ready. It really just comes down to football.” Win the turnover battle. Block and tackle well. Make plays when they’re available. Execute the way offensive coordinator Dana Holgorsen wants. To focus on those things — without the psychological pressure of a long December hanging over the program’s head — is a nice bonus to clinching the bowl before heading to Kinnick Stadium for a 6:30 p.m. game on NBC. The temps will be in the 20s; Nebraska, practicing outside most of the year, is prepared for that. Iowa’s offense, though fitted with a new coordinator, resembles a more effective version of the Hawkeyes’ recent attacks, with a blend of power and zone runs executed by running back Kaleb Johnson, second nationally in rush yards. Iowa ranks first in the Big Ten — and 13 th nationally — in rushing yards per game. “They’ve run some people off the field just by running the football down their throat,” Rhule said. So, Iowa is Iowa is Iowa. It was Iowa 10 years ago, when it lost 37-34 to Nebraska two days before the firing of Bo Pelini. It was Iowa two years ago on the day it lost to NU just as the school was finalizing a deal for Rhule. And at 7-4 overall — 5-3 in the Big Ten — this season, it is Iowa now. Nebraska, on the other hand, moved from a program with no bowl berths this decade to at least one this winter. It saw, in its win over Wisconsin, a work ethic rewarded, a process confirmed and a rare midseason offensive coordinator hire vindicated. “They know that they can do it, they know they’re capable of it,” Rhule said. “So let’s continue to do it. That’s the expectation now. What was once possible, now we know we can do it, so let’s do it.” Rhule anticipates Nebraska’s roster will be healthier after the flu ran through the team last week, and NU’s offense now manages playing time the way the Husker defensive coaches have — by who practices well during the week. That translated into backups who got more snaps against Wisconsin than other games this season — Emmett Johnson, Luke Lindenmeyer and Nate Boerkircher — and who stood more often on the sideline. That’s Holgorsen’s effect, to some degree, and it’s the new price of success. "Dana's brought a standard, offensively, that, I'm not going to say we didn't have before,” Rhule said, “but he has the experience to kind of follow through on it that will be good for us all to learn from.” The lessons learned in a game are the lessons learned in a season, Rhule said. The week is short, the prep is detailed and Iowa is Iowa. Who might Nebraska be? “We have to make sure the football’s right,” Rhule said. Get local news delivered to your inbox!NEW YORK (AP) — Bitcoin topped $100,000 for the first time this week as a massive rally in the world's most popular cryptocurrency, largely accelerated by the election of Donald Trump, rolls on. The cryptocurrency officially to rose six figures Wednesday night, just hours after the president-elect said he intends to nominate cryptocurrency advocate Paul Atkins to be the next chair of the Securities and Exchange Commission. Bitcoin has soared since Trump won the U.S. presidential election on Nov. 5. The asset climbed from $69,374 on Election Day, hitting as high as $103,713 Wednesday, according to CoinDesk. And the latest all-time high arrives just two years after bitcoin dropped below $17,000 following the collapse of crypto exchange FTX . Bitcoin fell back below the $100,000 by Thursday afternoon, sitting above $99,000 by 4 p.m. ET. Even amid a massive rally that has more than doubled the value of bitcoin this year, some experts continue to warn of investment risks around the asset, which has quite a volatile history. Here’s what you need to know. Back up. What is cryptocurrency again? Cryptocurrency has been around for a while now. But chances are you’ve heard about it more and more over the last few years. In basic terms, cryptocurrency is digital money. This kind of currency is designed to work through an online network without a central authority — meaning it’s typically not backed by any government or banking institution — and transactions get recorded with technology called a blockchain. Bitcoin is the largest and oldest cryptocurrency, although other assets like ethereum, XRP, tether and dogecoin have also gained popularity over the years. Some investors see cryptocurrency as a “digital alternative” to traditional money, but most daily financial transactions are still conducted using fiat currencies such as the dollar. Also, bitcoin can be very volatile, with its price reliant on larger market conditions. Why is bitcoin soaring? A lot of the recent action has to do with the outcome of the U.S. presidential election. Trump, who was once a crypto skeptic, has pledged to make the U.S. “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. His campaign accepted donations in cryptocurrency and he courted fans at a bitcoin conference in July. He also launched World Liberty Financial, a new venture with family members to trade cryptocurrencies. On Thursday morning, hours after bitcoin surpassed the $100,000 mark, Trump congratulated “BITCOINERS” on his social media platform Truth Social. He also appeared to take credit for the recent rally, writing, “YOU’RE WELCOME!!!” Top crypto players welcomed Trump’s election victory last month, in hopes that he would be able to push through legislative and regulatory changes that they’ve long lobbied for — which, generally speaking, aim for an increased sense of legitimacy without too much red tape. And the industry has made sizeable investments along the way. Back in August, Public Citizen, a left-leaning consumer rights advocacy nonprofit, reported finding that crypto-sector corporations spent more than $119 million in 2024 to back pro-crypto candidates across federal elections. Trump made his latest pro-crypto move when he announced his plans Wednesday to nominate Atkins to chair the SEC. Atkins was an SEC commissioner during the presidency of George W. Bush. In the years since leaving the agency, Atkins has made the case against too much market regulation. He joined the Token Alliance, a cryptocurrency advocacy organization, in 2017. Under current chair Gary Gensler, who will step down when Trump takes office, the SEC has cracked down on the crypto industry — penalizing a number of companies for violating securities laws. Gensler has also faced ample criticism from industry players in the process. One crypto-friendly move the SEC did make under Gensler was the approval in January of spot bitcoin ETFs, or exchange trade funds, which allow investors to have a stake in bitcoin without directly buying it. The spot ETFs were the dominant driver of bitcoin's price before Trump's win — but, like much of the crypto’s recent momentum, saw record inflows postelection. What does bitcoin hitting the $100k mark mean? Could it keep climbing? Bitcoin surpassing the coveted $100,000 mark has left much of the crypto world buzzing. “What we’re seeing isn’t just a rally — it’s a fundamental transformation of bitcoin’s place in the financial system,” Nathan McCauley, CEO and co-founder of crypto custodian Anchorage Digital, said in a statement — while pointing to the growth of who's entering the market, particularly with rising institutional adoption. Still, others note that the new heights of bitcoin's price don't necessarily mean the asset is going mainstream. The $100,000 level is “merely a psychological factor and ultimately just a number,” Dan Coatsworth, investment analyst at British investment company AJ Bell, wrote in a Thursday commentary . That being said, bitcoin could keep climbing to more and more all-time highs, particularly if Trump makes good on his promises for more crypto-friendly regulation once in office. If Trump actually makes a bitcoin reserve, for example, supply changes could also propel the price forward. “It is hard to overstate the magnitude of the change in Washington’s attitude towards crypto post-election,” Matt Hougan, chief investment officer at Bitwise Asset Management, said via email Thursday, reiterating that prices could keep rising if trends persist. “There is a lot more demand than there is supply, and that’s usually a pretty good recipe for success.” Still, as with everything in the volatile cryptoverse, the future is never promised. Worldwide regulatory uncertainties and environmental concerns around bitcoin “mining" — the creation of new bitcoin, which consumes a lot of energy — are among factors that analysts like Coatsworth note could hamper future growth. And, as still a relatively young asset with a history of volatility, longer-term adoption has yet to be seen through. Is it too late to invest? What are the risks? Today’s excitement around bitcoin may make many who aren’t already in the space want to get in on the action. For those in a position to invest, Hougan says it's not too late — noting that bitcoin is still early in its development and most institutional investors “still have zero exposure.” At the same time, Hougan and others maintain that it's important to tread cautiously and not bite off more than you can chew. Experts continue to stress caution around getting carried away with crypto “FOMO,” or the fear of missing out, especially for small-pocketed investors. “A lot of people have got rich from the cryptocurrency soaring in value this year, but this high-risk asset isn’t suitable for everyone,” Coatsworth noted Thursday. “It’s volatile, unpredictable and is driven by speculation, none of which makes for a sleep-at-night investment.” In short, history shows you can lose money in crypto as quickly as you’ve made it. Long-term price behavior relies on larger market conditions. Trading continues at all hours, every day. Coatsworth points to recent research from the Bank for International Settlements, a Switzerland-based global organization of central banks, which found that about three-quarters of retail buyers on crypto exchange apps likely lost money on their bitcoin investments between 2015 and 2022. At the start of the COVID-19 pandemic, bitcoin stood at just over $5,000. Its price climbed to nearly $69,000 by November 2021, during high demand for technology assets, but later crashed during an aggressive series of rate hikes by the Federal Reserve. And the late-2022 collapse of FTX significantly undermined confidence in crypto overall, with bitcoin falling below $17,000. Investors began returning in large numbers as inflation started to cool — and gains skyrocketed on the anticipation and then early success of spot ETFs, and again, now the post-election frenzy. But lighter regulation from the coming Trump administration could also mean less guardrails. _____ This story has been corrected to refer to Anchorage Digital as a crypto custodian, not a crypto asset manager. Wyatte Grantham-philips, The Associated Press

Indiana quarterback Rourke earns Jon Cornish Trophy as top Canadian in NCAA footballArticle content With an exotic name and jaw-dropping bodywork, the De Tomaso P72 hypercar is a road-legal salute to the marque’s legendary P70 – and it’s solely available with a six-speed manual transmission. Powered by a 5.0L supercharged V8 making the better part of 750 horsepower and 664 lb-ft of torque (that’s an even 900 Nm in Roman Catholic). Every bit of that shove is funnelled through the rear wheels, so it would behoove drivers to be paying attention when they uncork this beast. Weight is kept in check with a Slim Fast plan of carbon fibre, all of which is presented unpainted in this initial production-spec car which is planned to be used for final testing and validation before customers start taking delivery. The hand-assembled chassis is also hewn from the stuff of lightweight dreams. Despite all these eye-popping stats and details, it’s the interior of VIN 001 which steals the show. Described as ‘analogue nostalgia’, the space is sodden with sumptuous upholstery and the type of gauge cluster typically found in the likes of Pagani or Spyker cars twenty years ago. The De Tomaso design team say the sextet of copper-hued gauges are inspired by the tony worlds of jewelry – we can see parallels to the craft of watchmaking as well, with beautifully knurled surfaces and finely crafted details. Its speedometer reads 180 km/h just halfway through its sweep at the 12 o’clock position, which is just tremendous. It’s been over five years since the brand first unveiled this thing but an inconvenient pandemic and other hiccups mean this is the first production-spec example to appear. In a fit of marketing, De Tomaso is making just 72 copies of the P72, each priced at a cool 1.6 million Euros or roughly $2.4 million CAD at today’s exchange rates. Sign up for our newsletter Blind-Spot Monitor and follow our social channels on Instagram , Facebook and X to stay up to date on the latest automotive news, reviews, car culture, and vehicle shopping advice.President-elect Trump wants to again rename North America's tallest peak

TTC board approves ban on lithium-ion battery e-bikes during winter monthsTitans are their own worst enemy as they fail again to string together wins

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