Company: PATH
Filing Date: 2025-03-24
Form Type: 10-K
Source: 0001734722-25-000007
Chunk: 191

Company: UiPath, Inc.
Filing Date: 2025-03-24
Form: 10-K
Item: Item 7
Chunk 191
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 cost basis and any adverse conditions specifically related to an issuer of a security or its industry.

96

UiPath, Inc.Notes to Consolidated Financial Statements 

5Fair Value MeasurementThe following tables present our financial assets and liabilities measured at fair value on a recurring basis (in thousands):As of January 31, 2025Level 1Level 2Level 3TotalFinancial Assets:Money market funds$311,942 $— $— $311,942 Total cash equivalents311,942 — — 311,942 Treasury bills & U.S. government securities703,319 — — 703,319 Corporate bonds— 94,025 — 94,025 Commercial paper— 42,391 — 42,391 Yankee bonds— 4,700 — 4,700 Total marketable securities703,319 141,116 — 844,435 Other investments carried at fair value— — 11,879 11,879 Total$1,015,261 $141,116 $11,879 $1,168,256 As of January 31, 2024Level 1Level 2Level 3TotalFinancial Assets:Money market funds$509,053 $— $— $509,053 Total cash equivalents509,053 — — 509,053 Treasury bills and U.S. government securities641,192 — — 641,192 Corporate bonds— 1,991 — 1,991 Agency bonds174,962 — — 174,962 Total marketable securities816,154 1,991 — 818,145 Total$1,325,207 $1,991 $— $1,327,198 Our money market funds, treasury bills and U.S. government securities, and agency bonds are classified within Level 1 of the fair value hierarchy because they are valued based on quoted market prices in active markets. We classify corporate bonds, commercial paper, and Yankee bonds as Level 2 because they are valued using inputs other than quoted prices which are directly or indirectly observable in the market, including readily-available pricing sources for the identical underlying security which may not be actively traded. Other investments carried at fair value, which consist of convertible bonds of private company the H Company purchased during fiscal year 2025, are classified as Level 3 because their