FiscalNote Holdings, Inc. (NYSE:NOTE) Q4 2022 Earnings Call Transcript

Jon Slabaugh: Right. So the increase in OpEx is primarily related to the addition of Dragonfly, which came with revenue and obviously some expenses. What we’ve done to date is in full do perspective take $6 million to $7 million of operating expense out of the business in the year. That number translates to probably closer to $12 million on a full year basis. And that’s — those are adjustments that we’re working with Josh and his team to make we have made and will continue to make over the course of the year.

Unidentified Analyst: Got it. Okay, great.

Operator: We have no further questions. I’d like to turn the call back over to Tim Hwang for closing remarks.

Timothy Hwang: Great. Well, I want to thank everybody for joining us on the call here. We obviously had a great full year in 2022. We’ve given guidance on a positive and really exciting 2023 here. And so really look forward to our next call, and appreciate everybody jumping on the call here. Thank you very much.

Operator: This concludes today’s conference call. Thank you for your participation. You may now disconnect.