Blackbaud(BLKB) - 2022 Q4 - Annual Report

We also expect that the one-time services and other revenue will continue to significantly decrease during 2023 compared to 2022 driven by our continued migration to the cloud in our core business as well as our opportunity to shift EVERFI one-time revenue to a recurring model. Blackbaud, Inc. -Increase in compensation costs other than stock-based compensation of $75.7 million primarily due to increased employee headcount due to our acquisition of EVERFI - Increase in Security Incident-related expenses, net ...