Company: FSLY
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001517413-25-000218
Chunk: 317

Company: Fastly, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 317
---
 31, 2024(in thousands)Cash and cash equivalents:Cash$49,796 $52,951 U.S. Treasury securities2,479 — Money market funds25,663 233,224 Municipal securities1,100 — Commercial paper3,449 — Total cash and cash equivalents(1)$82,487 $286,175 Marketable securities:U.S. Treasury securities$82,356 $— Corporate notes and bonds74,156 6,008 Commercial paper80,810 3,699 Certificates of deposit400 — Agency bonds999 — Total marketable securities, current(2)$238,721 $9,707 Total cash and cash equivalents and marketable securities$321,208 $295,882 (1) The Company’s cash equivalents include investments with an original maturity date of three months or less.(2) The Company classifies its marketable securities as current, where it intends to hold the securities for less than 12 months.

15

The following table summarizes adjusted cost, gross unrealized gains and losses, and fair value related to cash equivalents and available-for-sale securities on the accompanying condensed consolidated balance sheets as of June 30, 2025 and December 31, 2024:As of June 30, 2025AmortizedCostGrossUnrealizedGainGrossUnrealizedLossFairValue(in thousands)Cash equivalents:Money market funds$25,663 $— $— $25,663 U.S. Treasury securities2,479 — — 2,479 Commercial paper3,449 — — 3,449 Municipal Securities1,100 — — 1,100 Marketable securities:U.S. Treasury securities82,385 2 (31)82,356 Corporate notes and bonds74,182 2 (28)74,156 Commercial paper80,841 1 (32)80,810 Certificates of deposit400 — — 400 Agency bond999 — — 999 Total available-for-sale investments$271,498 $5 $(91)$271,412 As of December 31, 2024AmortizedCostGrossUnrealizedGainGrossUnrealizedLossFairValue(in thousands)Cash equivalents:Money market funds$233,224 $— $—