.report-page {
  --report-blue: #1765ff;
  --report-navy: #08101f;
  --report-ink: #111824;
  --report-muted: #5a6576;
  --report-paper: #f5f3ee;
  --report-line: rgba(17, 24, 36, .13);
  background: #fff;
  color: var(--report-ink);
}

.report-page main { overflow: clip; }
.report-shell { width: min(calc(100% - 48px), 1240px); margin-inline: auto; }
.report-kicker,
.report-section-number {
  margin: 0;
  color: var(--report-blue);
  font-size: 10px;
  font-weight: 800;
  letter-spacing: .16em;
  text-transform: uppercase;
}

.report-hero {
  display: grid;
  grid-template-columns: minmax(0, 1.45fr) minmax(300px, .55fr);
  gap: clamp(50px, 7vw, 110px);
  align-items: end;
  padding-block: clamp(70px, 8vw, 112px) clamp(58px, 7vw, 96px);
}

.report-hero h1 {
  max-width: 890px;
  margin: 22px 0 0;
  font: 600 clamp(56px, 7.6vw, 106px)/.92 "Manrope", sans-serif;
  letter-spacing: -.075em;
}

.report-hero h1 em {
  color: #20345d;
  font-family: Georgia, serif;
  font-weight: 400;
}

.report-deck {
  max-width: 790px;
  margin: 30px 0 0;
  color: var(--report-muted);
  font-size: clamp(18px, 1.8vw, 23px);
  line-height: 1.55;
}

.report-byline { display: flex; align-items: center; gap: 14px; margin-top: 36px; }
.report-byline img { width: 56px; height: 56px; border-radius: 50%; object-fit: cover; filter: grayscale(1); }
.report-byline p { display: grid; gap: 3px; margin: 0; }
.report-byline strong { font-size: 13px; }
.report-byline span { color: var(--report-muted); font-size: 11px; }

.report-hero-finding {
  position: relative;
  min-height: 390px;
  padding: 36px;
  display: flex;
  flex-direction: column;
  justify-content: flex-end;
  overflow: hidden;
  color: white;
  background: var(--report-navy);
}

.report-hero-finding::before,
.report-hero-finding::after {
  content: "";
  position: absolute;
  width: 320px;
  height: 320px;
  border: 1px solid rgba(73, 127, 255, .45);
  border-radius: 50%;
  top: -180px;
  right: -120px;
}

.report-hero-finding::after { width: 230px; height: 230px; top: -135px; right: -75px; }
.report-hero-finding span { color: #91b4ff; font-size: 10px; font-weight: 800; letter-spacing: .12em; text-transform: uppercase; }
.report-hero-finding strong { margin-top: 25px; font: 600 clamp(72px, 9vw, 112px)/.8 "Manrope", sans-serif; letter-spacing: -.08em; }
.report-hero-finding > p { margin: 20px 0 0; font-size: 16px; font-weight: 700; }
.report-hero-finding i { width: 100%; height: 1px; margin: 26px 0 21px; background: rgba(255, 255, 255, .22); }
.report-hero-finding small { max-width: 260px; color: #aeb7c9; font-size: 10px; line-height: 1.6; }

.report-stat-band {
  display: grid;
  grid-template-columns: repeat(4, 1fr);
  border-top: 1px solid var(--report-line);
  border-bottom: 1px solid var(--report-line);
}

.report-stat-band div { min-height: 150px; padding: 34px clamp(24px, 4vw, 60px); display: grid; align-content: center; gap: 8px; border-right: 1px solid var(--report-line); }
.report-stat-band div:last-child { border-right: 0; }
.report-stat-band strong { color: #132951; font: 600 clamp(32px, 3.5vw, 48px) "Manrope", sans-serif; letter-spacing: -.055em; }
.report-stat-band span { max-width: 210px; color: var(--report-muted); font-size: 10px; font-weight: 800; letter-spacing: .07em; line-height: 1.45; text-transform: uppercase; }

.report-saas-breakout {
  display: grid;
  grid-template-columns: minmax(280px, .72fr) minmax(0, 1.28fr);
  margin-top: 72px;
  color: #fff;
  background: var(--report-navy);
  box-shadow: 28px 28px 0 #edf2fb;
}
.report-saas-multiple { position: relative; min-height: 355px; padding: 42px; display: flex; flex-direction: column; justify-content: flex-end; overflow: hidden; background: #122b5c; }
.report-saas-multiple::before,
.report-saas-multiple::after { content: ""; position: absolute; width: 290px; height: 290px; border: 1px solid rgba(104, 151, 255, .43); border-radius: 50%; top: -160px; right: -90px; }
.report-saas-multiple::after { width: 205px; height: 205px; top: -115px; right: -48px; }
.report-saas-multiple span { color: #94b6ff; font-size: 9px; font-weight: 800; letter-spacing: .13em; }
.report-saas-multiple strong { margin: 25px 0 9px; font: 600 clamp(72px, 9vw, 110px)/.85 "Manrope", sans-serif; letter-spacing: -.08em; }
.report-saas-multiple small { max-width: 190px; color: #bac6dc; font-size: 10px; line-height: 1.55; }
.report-saas-copy { padding: clamp(38px, 5vw, 64px); display: flex; flex-direction: column; justify-content: center; }
.report-saas-copy h2 { max-width: 690px; margin: 14px 0 23px; font: 600 clamp(34px, 4.7vw, 58px)/1.02 "Manrope", sans-serif; letter-spacing: -.055em; }
.report-saas-copy > p:not(.report-section-number) { max-width: 690px; margin: 0; color: #d3dbea; font: 400 16px/1.75 Georgia, serif; }
.report-saas-copy > p strong { color: #fff; }
.report-saas-copy > small { max-width: 640px; margin-top: 26px; padding-top: 18px; border-top: 1px solid rgba(255, 255, 255, .18); color: #94a3bd; font-size: 9px; line-height: 1.6; }

.report-layout {
  display: grid;
  grid-template-columns: 205px minmax(0, 850px);
  gap: clamp(54px, 8vw, 126px);
  justify-content: center;
  align-items: start;
  padding-block: 100px 130px;
}

.report-toc { position: sticky; top: 32px; display: grid; gap: 13px; padding: 22px 0; border-top: 1px solid var(--report-line); border-bottom: 1px solid var(--report-line); }
.report-toc p { margin: 0 0 8px; color: var(--report-muted); font-size: 9px; font-weight: 800; letter-spacing: .14em; }
.report-toc a { color: #3d485b; font-size: 11px; font-weight: 700; line-height: 1.35; text-decoration: none; }
.report-toc a:hover { color: var(--report-blue); }

.report-body { min-width: 0; }
.report-section { padding: 88px 0; border-top: 1px solid var(--report-line); scroll-margin-top: 36px; }
.report-lead-section { padding-top: 0; border-top: 0; }
.report-section h2 { max-width: 780px; margin: 18px 0 32px; font: 600 clamp(38px, 5vw, 64px)/1.03 "Manrope", sans-serif; letter-spacing: -.058em; }
.report-section h3 { font: 600 20px/1.25 "Manrope", sans-serif; letter-spacing: -.035em; }
.report-section > p:not(.report-section-number):not(.report-note):not(.report-callout):not(.report-disclaimer) { max-width: 760px; margin: 0 0 24px; color: #313b4a; font: 400 17px/1.82 Georgia, serif; }
.report-section > p strong { color: var(--report-ink); }
.report-section a { color: #1554bf; text-decoration-thickness: 1px; text-underline-offset: 3px; }
.report-lead { padding-left: 24px; border-left: 3px solid var(--report-blue); color: var(--report-ink) !important; font-size: 21px !important; line-height: 1.65 !important; }

.report-figure { margin: 46px 0 36px; padding: 18px; border: 1px solid var(--report-line); background: var(--report-paper); }
.report-figure img { width: 100%; height: auto; display: block; }
.report-figure figcaption { padding: 17px 10px 4px; color: var(--report-muted); font-size: 11px; line-height: 1.55; }
.report-figure figcaption strong { color: var(--report-ink); }

.report-table-wrap { margin: 38px 0; overflow-x: auto; border: 1px solid var(--report-line); }
.report-table-wrap table { width: 100%; min-width: 660px; border-collapse: collapse; background: white; }
.report-table-wide table { min-width: 920px; }
.report-table-wrap caption { padding: 15px 18px; color: var(--report-muted); background: #f4f6fa; font-size: 9px; font-weight: 800; letter-spacing: .12em; text-align: left; text-transform: uppercase; }
.report-table-wrap th,
.report-table-wrap td { padding: 16px 18px; border-top: 1px solid var(--report-line); color: #344052; font-size: 12px; line-height: 1.45; text-align: left; vertical-align: top; }
.report-table-wrap thead th { color: #647084; background: #fbfcfe; font-size: 9px; letter-spacing: .08em; text-transform: uppercase; }
.report-table-wrap tbody th { color: var(--report-ink); font-weight: 700; }
.report-table-wrap tbody tr:hover { background: #f8faff; }

.report-note,
.report-disclaimer { padding: 18px 21px; color: #5d687a; background: #f3f6fb; font-size: 11px; line-height: 1.72; }

.report-method-grid,
.report-model-grid { display: grid; grid-template-columns: repeat(2, 1fr); margin: 38px 0 46px; border: 1px solid var(--report-line); }
.report-method-grid article,
.report-model-grid article { min-height: 210px; padding: 27px; border-right: 1px solid var(--report-line); border-bottom: 1px solid var(--report-line); }
.report-method-grid article:nth-child(2n),
.report-model-grid article:nth-child(2n) { border-right: 0; }
.report-method-grid article:nth-last-child(-n+2),
.report-model-grid article:nth-last-child(-n+2) { border-bottom: 0; }
.report-method-grid span,
.report-model-grid span { color: var(--report-blue); font-size: 9px; font-weight: 800; letter-spacing: .11em; }
.report-method-grid h3,
.report-model-grid h3 { margin: 28px 0 12px; }
.report-method-grid p,
.report-model-grid p { margin: 0; color: var(--report-muted); font-size: 12px; line-height: 1.65; }
.report-model-grid article { min-height: 260px; }

.report-callout { margin: 36px 0 0; padding: 30px 34px; color: white; background: var(--report-navy); font: 600 23px/1.45 "Manrope", sans-serif; letter-spacing: -.035em; }

.report-formula { margin: 36px 0; padding: 38px; color: white; background: var(--report-navy); }
.report-formula span { color: #85aaff; font-size: 10px; font-weight: 800; letter-spacing: .12em; text-transform: uppercase; }
.report-formula strong { display: block; margin-top: 20px; font: 600 clamp(28px, 4.3vw, 48px)/1.08 "Manrope", sans-serif; letter-spacing: -.05em; }
.report-formula p { max-width: 570px; margin: 20px 0 0; color: #b8c0cf; font-size: 12px; line-height: 1.65; }

.report-citation-ready { margin: 42px 0 0; padding: 30px 34px; border-left: 4px solid var(--report-blue); background: #edf3ff; }
.report-citation-ready span { color: var(--report-blue); font-size: 9px; font-weight: 800; letter-spacing: .12em; }
.report-citation-ready p { margin: 16px 0 0; color: #243654; font: 400 15px/1.7 Georgia, serif; }

.report-conclusion { padding-bottom: 0; }
.report-final-quote { margin: 50px 0; padding: 45px; color: white; background: #101c3f; }
.report-final-quote p { margin: 0; font: 400 clamp(22px, 3vw, 32px)/1.48 Georgia, serif; }
.report-final-quote cite { display: block; margin-top: 24px; color: #a9b8d7; font-size: 10px; font-style: normal; font-weight: 800; letter-spacing: .09em; text-transform: uppercase; }

.report-valuation-cta {
  display: grid;
  grid-template-columns: minmax(0, 1.45fr) minmax(245px, .55fr);
  gap: 46px;
  margin-top: 72px;
  padding: clamp(32px, 5vw, 56px);
  border: 1px solid #cfd8e8;
  background: linear-gradient(135deg, #f5f8fd 0%, #fff 62%);
}
.report-valuation-cta h2 { max-width: 590px; margin: 16px 0 24px; font-size: clamp(34px, 4vw, 52px); }
.report-valuation-cta > div > p:not(.report-section-number) { max-width: 590px; margin: 0 0 17px; color: #3d485a; font: 400 15px/1.72 Georgia, serif; }
.report-valuation-action { align-self: stretch; display: flex; flex-direction: column; padding: 27px; color: #fff; background: var(--report-navy); }
.report-valuation-action > span { color: #8eb2ff; font-size: 9px; font-weight: 800; letter-spacing: .11em; text-transform: uppercase; }
.report-valuation-action > strong { margin: 22px 0 30px; font: 600 24px/1.4 "Manrope", sans-serif; letter-spacing: -.035em; }
.report-valuation-action a { display: flex; justify-content: space-between; gap: 16px; margin-top: auto; padding: 16px 0 11px; border-bottom: 1px solid rgba(255, 255, 255, .48); color: #fff; font-size: 12px; font-weight: 800; text-decoration: none; }
.report-valuation-action a:hover { color: #a9c1ff; }
.report-valuation-action b { font-size: 16px; }
.report-valuation-action small { margin-top: 15px; color: #9eabc2; font-size: 9px; line-height: 1.55; }

@media (max-width: 980px) {
  .report-hero { grid-template-columns: 1fr; }
  .report-hero-finding { min-height: 300px; }
  .report-stat-band { grid-template-columns: repeat(2, 1fr); }
  .report-stat-band div:nth-child(2) { border-right: 0; }
  .report-stat-band div:nth-child(-n+2) { border-bottom: 1px solid var(--report-line); }
  .report-saas-breakout { grid-template-columns: .8fr 1.2fr; }
  .report-layout { grid-template-columns: 1fr; }
  .report-toc { position: static; grid-template-columns: repeat(2, 1fr); }
  .report-toc p { grid-column: 1 / -1; }
}

@media (max-width: 640px) {
  .report-shell { width: min(calc(100% - 28px), 1240px); }
  .report-hero { padding-block: 52px 42px; }
  .report-hero h1 { font-size: clamp(45px, 14vw, 64px); }
  .report-deck { margin-top: 22px; font-size: 17px; }
  .report-hero-finding { min-height: 260px; padding: 27px; }
  .report-stat-band { grid-template-columns: 1fr 1fr; }
  .report-stat-band div { min-height: 130px; padding: 24px 18px; }
  .report-saas-breakout { grid-template-columns: 1fr; margin-top: 40px; box-shadow: 10px 10px 0 #edf2fb; }
  .report-saas-multiple { min-height: 245px; padding: 28px; }
  .report-saas-copy { padding: 31px 27px 34px; }
  .report-saas-copy h2 { font-size: 38px; }
  .report-layout { padding-block: 62px 90px; }
  .report-toc { display: none; }
  .report-section { padding-block: 64px; }
  .report-section h2 { font-size: 39px; }
  .report-section > p:not(.report-section-number):not(.report-note):not(.report-callout):not(.report-disclaimer) { font-size: 16px; line-height: 1.75; }
  .report-figure { margin-inline: -7px; padding: 6px; }
  .report-method-grid,
  .report-model-grid { grid-template-columns: 1fr; }
  .report-method-grid article,
  .report-model-grid article { min-height: 0; border-right: 0; border-bottom: 1px solid var(--report-line) !important; }
  .report-method-grid article:last-child,
  .report-model-grid article:last-child { border-bottom: 0 !important; }
  .report-valuation-cta { grid-template-columns: 1fr; gap: 28px; margin-top: 54px; padding: 24px; }
  .report-valuation-action { min-height: 310px; }
  .report-callout,
  .report-formula,
  .report-final-quote { padding: 27px; }
}

@media print {
  .report-page .site-header,
  .report-page footer,
  .report-toc { display: none !important; }
  .report-layout { display: block; padding-top: 40px; }
  .report-section { break-inside: avoid; }
  .report-figure { break-inside: avoid; }
}