Company: APPN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001441683-25-000068
Chunk: 14

Company: APPIAN CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 14
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Issuance of common stock to directors5,060 — (192)— — 192 — Vesting of restricted stock units69,362 — (3,289)— — 2,627 (662)Exercise of stock options12,126 — (348)— — 459 111 Stock-based compensation expense— — 9,505 — — — 9,505 Other comprehensive loss— — — (10,997)— — (10,997)Balance, September 30, 202472,429,625 $7 $614,204 $(22,809)$(598,507)$(42,696)$(49,801)

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

7

APPIAN CORPORATION

CONSOLIDATED STATEMENTS OF CASH FLOWS

(unaudited, in thousands)

Nine Months Ended September 30,20252024Cash flows from operating activitiesNet income (loss)$6,336 $(78,615)Adjustments to reconcile net income (loss) to net cash provided by (used by) operating activitiesStock-based compensation30,992 30,011 Depreciation expense and amortization of intangible assets7,429 7,503 Lease impairment charges779 5,462 Bad debt expense692 619 Amortization of debt issuance costs450 439 Benefit for deferred income taxes(648)(1,281)Foreign currency transaction (gains) losses, net(20,864)2,895 Changes in assets and liabilitiesAccounts receivable29,655 30,859 Prepaid expenses and other assets13,279 12,279 Deferred commissions3,644 4,665 Accounts payable and accrued expenses12,871 1,495 Accrued compensation and related benefits(1,043)(6,975)Other current and non-current liabilities(1,707)535 Deferred revenue(17,545)(15,096)Operating lease assets and liabilities, net(2,583)(1,788)Net cash provided by (used by) operating activities61,737 (6,993)Cash flows from investing activitiesProceeds from maturities of investments34,278 11,631 Purchases of investments(59,281)(42,638)Purchases of property and equipment(2,451)(