alt Hacker NewsThis wasn't hidden in the footnotes of the S1. It was quite clearly explained on page 3, under "Select Defined Terms": https://www.sec.gov/Archives/edgar/data/2130357/000162828026...
> “Run-Rate Revenue” is an operating metric that refers to the estimated annualized value of our revenue-generating activity as of a measurement date, calculated as the sum of (i) our consumption-based fees during the trailing 28-day period ended on the measurement date, multiplied by 13, and (ii) our aggregate monthly subscription fees as of the measurement date, multiplied by 12. For purposes of calculating Run-Rate Revenue, consumption-based fees and subscription-based fees are derived from customer usage and active subscriptions.
Replies
> annualized revenue
> trailing 28 days multiplied by 13
I’m not aware of a year that has 13 months of 28 days? Why would you ever calculate it this way?
I was referring to their schedule of obligations aka all the money they’ve promised to pay other people for compute.