Company: YEXT
Filing Date: 2025-06-09
Form Type: 10-Q
Source: 0001614178-25-000077
Chunk: 178

Company: Yext, Inc.
Filing Date: 2025-06-09
Form: 10-Q
Item: Part I, Item 1
Chunk 178
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Item 1. Financial Statements 

YEXT, INC.

Condensed Consolidated Balance Sheets

(In thousands, except share and per share data) 

(Unaudited)April 30, 2025January 31, 2025AssetsCurrent assets:Cash and cash equivalents$114,994 $123,133 Restricted cash, current17,021 9,671 Accounts receivable, net of allowances of $1,966 and $2,014, respectively71,464 112,942 Prepaid expenses and other current assets23,113 18,094 Costs to obtain revenue contracts, current20,386 21,961 Total current assets246,978 285,801 Property and equipment, net37,871 39,689 Operating lease right-of-use assets65,903 67,452 Restricted cash, non-current— 5,850 Costs to obtain revenue contracts, non-current10,185 11,145 Goodwill110,667 96,782 Intangible assets, net97,250 94,247 Other long term assets3,502 9,112 Total assets$572,356 $610,078 Liabilities and stockholders’ equityCurrent liabilities:Accounts payable, accrued expenses and other current liabilities $72,364 $70,022 Unearned revenue, current210,695 229,144 Operating lease liabilities, current18,869 18,604 Contingent consideration, current25,313 26,944 Total current liabilities327,241 344,714 Operating lease liabilities, non-current73,902 76,809 Contingent consideration, non-current21,787 18,056 Other long term liabilities 7,401 17,306 Total liabilities430,331 456,885 Commitments and contingencies (Note 13)Stockholders’ equity:Preferred stock, $0.001 par value per share; 50,000,000 shares authorized at April 30, 2025 and January 31, 2025; zero shares issued and outstanding at April 30, 2025 and January 31, 2025— — Common stock, $0.001 par value per share; 500,000,000 shares authorized at April 30, 2025 and January 31, 2025; 153,957,539 and 153,017,243 shares issued at April