Company: ASAN
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001477720-25-000045
Chunk: 125

Company: Asana, Inc.
Filing Date: 2025-03-18
Form: 10-K
Item: Item 8
Chunk 125
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52024AssetsCurrent assetsCash and cash equivalents$184,728 $236,663 Marketable securities282,156 282,801 Restricted cash136 — Accounts receivable, net87,567 88,327 Prepaid expenses and other current assets46,154 51,925 Total current assets600,741 659,716 Property and equipment, net95,836 96,543 Operating lease right-of-use assets166,545 181,731 Other assets28,293 23,970 Total assets$891,415 $961,960 Liabilities and Stockholders’ EquityCurrent liabilitiesAccounts payable$9,922 $6,907 Accrued expenses and other current liabilities83,031 75,821 Deferred revenue, current300,798 265,306 Operating lease liabilities, current22,066 19,179 Total current liabilities415,817 367,213 Term loan, net39,291 43,618 Deferred revenue, noncurrent2,005 5,916 Operating lease liabilities, noncurrent201,733 215,084 Other liabilities5,046 3,733 Total liabilities663,892 635,564 Commitments and contingencies (Note 7)Stockholders' equityCommon stock, $0.00001 par value; Class A common stock - 1,000,000 shares authorized as of January 31, 2025 and January 31, 2024; 147,476 and 139,239 shares issued and outstanding as of January 31, 2025 and January 31, 2024, respectively; Class B common stock - 500,000 shares authorized as of  January 31, 2025 and January 31, 2024;  85,412 and 85,489 shares issued and outstanding as of January 31, 2025 and January 31, 2024, respectively2 2 Additional paid-in capital2,059,848 1,821,216 Accumulated other comprehensive loss(3,851)(236)Accumulated deficit(1,828,476)(1,494,586)Total stockholders’ equity227,523 326,396 Total liabilities and stockholders’ equity$891,415 $961,960 

See accompanying Notes to Consolidated Financial Statements.

75

ASANA, INC.CONSOLIDATED STATEMENTS OF OPER