Company: ASAN
Filing Date: 2025-09-03
Form Type: 10-Q
Source: 0001477720-25-000200
Chunk: 272

Company: Asana, Inc.
Filing Date: 2025-09-03
Form: 10-Q
Item: Part I, Item 1
Chunk 272
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 translation adjustments— — — 281 — 281 Net loss— — — — (72,189)(72,189)Balances at July 31, 2024229,489 $2 $1,942,911 $(778)$(1,650,218)$291,917 

See accompanying Notes to Condensed Consolidated Financial Statements.

5

ASANA, INC.

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - CONTINUED

(in thousands)

(unaudited)

Six Months Ended July 31, 2025Common StockAdditionalPaid-In CapitalAccumulatedOther Comprehensive LossAccumulated DeficitTotalStockholders’ EquitySharesAmountBalances at January 31, 2025232,888 $2 $2,059,848 $(3,851)$(1,828,476)$227,523 Issuance of common stock upon the exercise of stock options593 — 2,073 — — 2,073 Repurchases and retirement of common stock(2,992)— — — (43,398)(43,398)Issuance of common stock upon the vesting and settlement of restricted stock units5,105 — — — — — Issuance of common stock under employee share purchase plan751 — 7,746 — — 7,746 Stock-based compensation expense— — 113,876 — — 113,876 Net unrealized gains on marketable securities— — — 120 — 120 Foreign currency translation adjustments— — — 4,994 — 4,994 Net loss— — — — (88,378)(88,378)Balances at July 31, 2025236,345 $2 $2,183,543 $1,263 $(1,960,252)$224,556 

See accompanying Notes to Condensed Consolidated Financial Statements.

6

ASANA, INC.

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - CONTINUED

(in thousands)

(unaudited)

Six Months Ended July 31, 2024Common StockAdditionalPaid-In CapitalAccumulatedOther Comprehensive LossAccumulated DeficitTotalStockholders’ EquitySharesAmountBalances at January 31,