Altair Announces Fourth Quarter and Full Year 2022 Financial Results

  (Unaudited) 
   Three Months Ended
December 31,
   Twelve Months Ended
December 31,
 
(in thousands)  2022   2021   2022   2021 
Cost of revenue-software $2,086  $1,828  $8,351  $5,619 
Research and development  9,670   5,338   36,250   16,561 
Sales and marketing  7,865   4,244   30,370   15,044 
General and administrative  2,642   1,910   9,816   7,325 
Total stock-based compensation expense $22,263     $ 13,320     $ 84,787     $ 44,549  

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