Total revenue for Q4 2025 was $49.3 million, a 28% decrease from $68.0 million in Q4 2024, primarily due to divestitures completed in Q1 and Q2 of 2025. Subscription and support revenue was $46.7 million, a 27% decrease from $64.3 million in Q4 2024, primarily due to divestitures. GAAP net income was $1.1 million in Q4 2025, compared to a GAAP net loss of $3.4 million in Q4 2024. GAAP net loss per share attributable to common stockholders was $0.01 per share, compared to a GAAP net loss of $0.18 per share in Q4 2024. Adjusted EBITDA was $15.3 million, or 31% of total revenue, compared to $14.9 million, or 22% of total revenue, in Q4 2024. GAAP operating cash flow was $7.3 million, compared to $9.3 million in Q4 2024. Free cash flow was $7.2 million, compared to $9.0 million in Q4 2024, bringing full-year 2025 free cash flow to $24.4 million. Cash on hand as of the end of Q4 2025 was $29.4 million. The company welcomed 110 new customers, including 15 new major customers, and expanded relationships with 199 existing customers, 27 of which were major expansions. Upland earned 49 badges in G2's Winter 2026 market reports, with Upland BA Insight and Upland Panviva increasing badges, and Upland Qvidian and Upland RightAnswers maintaining recognitions. Upland Qvidian released its first annual report on the adoption of artificial intelligence (AI) throughout the proposal industry, the '2025 AI Adoption in Proposal Management: Trends and Observation Report'. Upland was recognized as a Major Player in the IDC MarketScape: Worldwide General-Purpose Knowledge Discovery Software 2025 Vendor Assessment (November 2025). Upland Software was recognized in the Gartner Market Guide for RFP Response Management Applications (October 29, 2025).