Company: NET
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001477333-25-000137
Chunk: 329

Company: Cloudflare, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 329
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1,040 1 — — (1)— — — Tax withholding on RSU settlement (59)— — — (4,362)— — (4,362)Conversion of Class B to Class A common stock 1,072 1 (1,072)(1)— — — — Common stock issued under employee stock purchase plan173 — — — 10,455 — — 10,455 Other— — — — 1,689 — — 1,689 Stock-based compensation — — — — 88,812 — — 88,812 Net loss — — — — — (15,078)— (15,078)Other comprehensive loss— — — — — — (419)(419)Balance as of June 30, 2024303,321 $302 38,216 $39 $1,956,984 $(1,074,461)$(1,319)$881,545 

The accompanying notes are an integral part of these condensed consolidated financial statements.12

Table of contentsCLOUDFLARE, INC.CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY(in thousands)(unaudited)

Six Months Ended June 30, 2025Class A common stockClass B common stockAdditionalpaid-incapitalAccumulateddeficitAccumulatedothercomprehensive income (loss)Totalstockholders’equity SharesAmountSharesAmountBalance as of December 31, 2024307,892 $307 36,963 $37 $2,152,750 $(1,102,640)$(4,253)$1,046,201 Issuance of common stock upon exercise of stock options239 1 999 1 17,940 — — 17,942 Issuance of common stock related to settlement of RSUs and PSUs2,270 2 — — (2)— — — Tax withholding on RSU settlement(113)— — — (18,217)— — (18,217)Conversion of Class B to Class A common stock2,224 2 (2,224)(2)— — — — Common stock issued under employee stock purchase