Company: TENB
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001660280-25-000072
Chunk: 7

Company: Tenable Holdings, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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 performance obligations, long-term234,598 169,560 Remaining performance obligations$882,245 $742,411 Deferred CommissionsThe following summarizes the activity of deferred incremental costs of obtaining a contract:Three Months Ended March 31,(in thousands)20252024Beginning balance$119,705 $121,953 Capitalization of contract acquisition costs11,194 9,035 Amortization of deferred contract acquisition costs(14,070)(13,373)Ending balance$116,829 $117,615 

3. Cash Equivalents and Short-Term Investments

The following tables summarize the amortized cost, unrealized gain and loss and estimated fair value of cash equivalents and short-term investments:March 31, 2025(in thousands)Amortized CostUnrealized GainUnrealized LossEstimated Fair ValueCash equivalentsMoney market funds$78,301 $— $— $78,301 Total cash equivalents$78,301 $— $— $78,301 Short-term investmentsCommercial paper$25,110 $3 $(1)$25,112 Corporate bonds95,797 194 (8)95,983 Asset backed securities30,133 21 (8)30,146 Yankee bonds10,043 12 — 10,055 U.S. Treasury and agency obligations65,425 127 (12)65,540 Total short-term investments$226,508 $357 $(29)$226,836 

10

December 31, 2024(in thousands)Amortized CostUnrealized GainUnrealized LossEstimated Fair ValueCash equivalentsMoney market funds$190,750 $— $— $190,750 Total cash equivalents$190,750 $— $— $190,750 Short-term investmentsCommercial paper$41,610 $— $(6)$41,604 Corporate bonds95,267 208 (65)95,410 Asset backed securities30,740 63 (7)30,796 Yankee bonds13,998 16 (7)14,007 U.S. Treasury and agency obligations66,614 155 (39)66,730 Total short-term investments$248,229 $442 $(124)$248,547 We considered the extent to which any unrealized losses on our short-term investments were