Company: PATH
Filing Date: 2025-06-03
Form Type: 10-Q
Source: 0001734722-25-000030
Chunk: 28

Company: UiPath, Inc.
Filing Date: 2025-06-03
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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 was included in prepaid expenses and other current assets on the condensed consolidated balance sheets. We did not recognize an allowance for credit losses against interest receivable as of April 30, 2025 or January 31, 2025.Unrealized losses during the periods presented are a result of changes in market conditions. We do not believe that any unrealized losses are attributable to credit-related factors based on our evaluation of available evidence. To determine whether a decline in value is related to credit loss, we evaluate, among other factors, the extent to which the fair value is less than the amortized cost basis and any adverse conditions specifically related to an issuer of a security or its industry.

 5. Fair Value Measurement

The following tables present the fair value hierarchy of our financial assets measured at fair value on a recurring basis as of April 30, 2025 and January 31, 2025 (in thousands):  As of April 30, 2025 Level 1Level 2Level 3TotalFinancial assets:   Money market funds$222,386 $— $— $222,386 Total cash equivalents222,386 — — 222,386 Treasury bills and U.S. government securities741,267 — — 741,267 Corporate bonds— 120,079 — 120,079 Commercial paper— 24,779 — 24,779 Yankee bonds— 4,734 — 4,734 Total marketable securities741,267 149,592 — 890,859 Other investments carried at fair value— — 13,001 13,001 Total$963,653 $149,592 $13,001 $1,126,246 Financial liabilities:Contingent consideration— — 1,835 1,835 Total$— $— $1,835 $1,835 

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Table of ContentsUiPath, Inc.Notes to Condensed Consolidated Financial Statements (Continued)(unaudited)

 As of January 31, 2025 Level 1Level 2Level 3TotalFinancial assets:   Money market funds$311,942 $— $— $311,942 Total cash equivalents311,942 — — 311,942 Treasury bills and U.S. government securities703,319 — — 703,