Company: CWAN
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001628280-25-021833
Chunk: 20

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 1
Chunk 20
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 net(5,296)(4,676)Prepaid expenses and other assets(2,576)(4,198)Deferred contract acquisition costs7 (747)Accounts payable(918)9 Accrued expenses and other liabilities(5,124)(9,444)Tax receivable agreement liability(35)(1,840)Net cash provided by operating activities24,500 10,037 INVESTING ACTIVITIESPurchases of property and equipment(1,468)(1,438)Purchase of held to maturity investments(4,686)— Purchases of available-for-sale investments— (31,898)Proceeds from sale of available-for-sale investments89,479 — Proceeds from maturities of investments16,200 21,536 Net cash provided by (used in) investing activities99,525 (11,800)FINANCING ACTIVITIESProceeds from exercise of options— 104 Taxes paid related to net share settlement of equity awards(24,402)(28,774)Repayments of borrowings(688)(687)Payment of debt issuance costs(2,159)— Payment of acquisition holdback liability— (780)Payment of tax distributions— (8)Net cash used in financing activities(27,249)(30,145)Effect of exchange rate changes on cash and cash equivalents1,033 (213)Change in cash and cash equivalents during the period97,809 (32,121)Cash and cash equivalents, beginning of period177,350 221,765 Cash and cash equivalents, end of period$275,159 $189,644 SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATIONCash paid for interest$1,282 $911 Cash paid for income taxes$583 $445 NON-CASH INVESTING AND FINANCING ACTIVITIESPurchase of property and equipment included in accounts payable and accrued expense$64 $83 Release of tax distributions payable to Continuing Equity Owners accrued in prior year$(23)$(512)Tax distributions payable to Continuing Equity Owners included in accrued expenses$29 $2,433 Acquisition of intangible assets paid in common stock$102,729 $— Acquisition holdback liability included in accrued expenses and other liabilities$10,000 $3,905 

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

7

Clearwater Analytics Holdings, Inc.

Notes to