Company: TENB
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001660280-25-000072
Chunk: 9

Company: Tenable Holdings, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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 10,055 U.S. Treasury and agency obligations— 65,540 — 65,540 Total short-term investments$— $226,836 $— $226,836 December 31, 2024(in thousands)Level 1Level 2Level 3TotalCash equivalentsMoney market funds$190,750 $— $— $190,750 Total cash equivalents$190,750 $— $— $190,750 Short-term investmentsCommercial paper$— $41,604 $— $41,604 Corporate bonds— 95,410 — 95,410 Asset backed securities— 30,796 — 30,796 Yankee bonds— 14,007 — 14,007 U.S. Treasury and agency obligations— 66,730 — 66,730 Total short-term investments$— $248,547 $— $248,547 Other InvestmentsOur investments in privately held securities were as follows:(in thousands)March 31, 2025December 31, 2024Equity securities$6,702 $6,701 Debt and other securities1,206 1,871 Total other investments$7,908 $8,572 Other investments are classified as Level 3 as they do not have readily determinable market values.In the three months ended March 31, 2025, we received $0.7 million in proceeds from one of our SAFE investments and expect to collect the remaining $0.2 million in 2025.We did not have any liabilities measured and recorded at fair value on a recurring basis at March 31, 2025 and December 31, 2024.

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5. Property and Equipment, Net

Property and equipment, net consisted of the following:(in thousands)March 31, 2025December 31, 2024Computer software and equipment$20,142$21,051Internally developed software39,62639,944Furniture and fixtures5,1615,140Leasehold improvements30,25424,524Total95,18390,659Less: accumulated depreciation and amortization(53,840)(51,394)Property and equipment, net$41,343$39,265Depreciation and amortization related to property and equipment was $4.0 million and $3.6 million in