Company: QLYS
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001107843-25-000031
Chunk: 148

Company: QUALYS, INC.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 148
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ances at March 31, 2024$(299)$(708)$(1,007)Change in unrealized gains (losses) during the period(221)465 244 Amount reclassified into income during the period— 414 414 Tax effect— (185)(185)Net change during the period(221)694 473 Balances at June 30, 2024$(520)$(14)$(534)

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The effects on income before income taxes of amounts reclassified from AOCI to the condensed consolidated statements of operations were as follows:Three Months EndedJune 30,Six Months EndedJune 30,2025202420252024(in thousands)(in thousands)Reclassification of AOCI - Cash flow hedgesRevenues$180 $(375)$359 $(654)Cost of revenues(42)(9)(124)6 Research and development(111)(24)(328)13 Sales and marketing(11)(2)(31)1 General and administrative(14)(4)(44)2 Total$2 $(414)$(168)$(632)The Company reclassified none and an immaterial amount from AOCI to other income (expense), net related to available-for-sale debt securities during the three and six months ended June 30, 2025, respectively, and none during the same periods in 2024.

NOTE 4.                              Property and Equipment, Net

Property and equipment, net, consists of the following: June 30,2025December 31,2024(in thousands)Computer equipment$189,476 $187,281 Computer software26,237 26,229 Leasehold improvements23,749 23,429 Scanner appliances18,978 18,978 Furniture, fixtures and equipment5,209 5,204 Total property and equipment263,649 261,121 Less: accumulated depreciation and amortization(237,487)(230,772)Property and equipment, net$26,162 $30,349 As of June 30, 2025 and December 31, 2024, physical scanner appliances and other computer equipment that are or will be subject to leases by customers had a net carrying value of $9.8 million and $11.2 million, respectively, including assets that had not been placed in service of $4.2 million and $7.4 million, respectively. Depreciation and amort