---
title: "DOMO: Asset sale to Progress Software aims to resolve liquidity crisis and refocus on NOL monetization"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297962219.md"
description: "Revenue and net loss improved year-over-year, but the company faces significant liquidity risks due to covenant breaches and is relying on the closing of a $400 million asset sale to Progress Software. Post-sale, the company will repay all debt and focus on monetizing NOLs and strategic opportunities.Original document: Domo, Inc. [DOMO] SEC 10-Q Quarterly Report — Sep. 9 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-09-03T21:44:49.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297962219.md)
  - [en](https://longbridge.com/en/news/297962219.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297962219.md)
generator: "portal-rs"
---

# DOMO: Asset sale to Progress Software aims to resolve liquidity crisis and refocus on NOL monetization

Revenue and net loss improved year-over-year, but the company faces significant liquidity risks due to covenant breaches and is relying on the closing of a $400 million asset sale to Progress Software. Post-sale, the company will repay all debt and focus on monetizing NOLs and strategic opportunities.

Original document: Domo, Inc. \[DOMO\] SEC 10-Q Quarterly Report — Sep. 9 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**