Company: ASAN
Filing Date: 2025-06-03
Form Type: 10-Q
Source: 0001477720-25-000107
Chunk: 195

Company: Asana, Inc.
Filing Date: 2025-06-03
Form: 10-Q
Item: Part I, Item 1
Chunk 195
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 expense— — 49,596 — — 49,596 Net unrealized gains on marketable securities— — — 1,064 — 1,064 Foreign currency translation adjustments— — — 4,742 — 4,742 Net loss— — — — (40,018)(40,018)Balances at April 30, 2025235,220 $2 $2,118,447 $1,955 $(1,884,100)$236,304 

See accompanying Notes to Condensed Consolidated Financial Statements.

4

ASANA, INC.

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - CONTINUED

(in thousands)

(unaudited)

Three Months Ended April 30, 2024Common StockAdditionalPaid-In CapitalAccumulatedOther Comprehensive LossAccumulated DeficitTotalStockholders’ EquitySharesAmountBalances at January 31, 2024224,728 $2 $1,821,216 $(236)$(1,494,586)$326,396 Issuance of common stock upon the exercise of stock options352 — 1,085 — — 1,085 Issuance of common stock upon the vesting and settlement of restricted stock units2,302 — (4)— — (4)Issuance of common stock under employee share purchase plan654 — 8,866 — — 8,866 Stock-based compensation expense— — 49,512 — — 49,512 Net unrealized losses on marketable securities— — — (1,375)— (1,375)Foreign currency translation adjustments— — — (861)— (861)Net loss— — — — (63,722)(63,722)Balances at April 30, 2024228,036 $2 $1,880,675 $(2,472)$(1,558,308)$319,897 

See accompanying Notes to Condensed Consolidated Financial Statements.

5

ASANA, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(in thousands)

(unaudited)

Three Months Ended April 30,20252024Cash flows from operating activitiesNet loss$(40,018)$(63