Company: YEXT
Filing Date: 2025-04-28
Form Type: ARS
Source: 0001614178-25-000048
Chunk: 108

Company: Yext, Inc.
Filing Date: 2025-04-28
Form: ARS
Chunk 108
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EXT, INC. Consolidated Statements of Cash Flows (In thousands) 2025 2024 2023 Operating activities: Net loss $ (27,948) $ (2,630) $ (65,938) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization expense 18,531 15,805 17,583 Bad debt expense 1,665 888 182 Stock-based compensation expense 51,780 44,961 63,078 Amortization of operating lease right-of-use assets 8,729 8,804 8,799 Adjustments to contingent consideration 5,500 — — Other, net (2,597) 540 1,195 Changes in operating assets and liabilities, net of assets acquired and liabilities assumed in a business acquisition: Accounts receivable (1,122) 518 (10,056) Prepaid expenses and other current assets (397) 755 (2,303) Costs to obtain revenue contracts 10,048 8,818 8,034 Other long term assets 351 896 1,140 Accounts payable, accrued expenses and other current liabilities 17,037 (10,176) 2,714 Unearned revenue (20,464) (11,252) 3,538 Operating lease liabilities (11,095) (11,687) (10,986) Other long term liabilities 193 (83) 873 Net cash provided by operating activities 50,211 46,157 17,853 Investing activities: Capital expenditures (2,085) (2,728) (6,193) Cash paid in acquisition, net of cash acquired (89,407) — — Net cash used in investing activities (91,492) (2,728) (6,193) Financing activities: Proceeds from exercise of stock options 1,290 9,405 714 Repurchase of common stock (17,907) (23,086) (77,250) Payments for taxes related to net share settlement of stock-based compensation awards (10,826) (13,015) (5,129) Payments of deferred financing costs (853) (452) (509) Deferred acquisition payments (3,542) — — Proceeds, net from employee stock purchase plan withholdings 3,297 3,894 3,153 Net cash used in financing activities (28,541) (23,254) (79,021