Company: APPN
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001441683-25-000053
Chunk: 76

Company: APPIAN CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 76
---
 separate floors within our corporate headquarters facility. The fair values of the two asset groups were measured using discounted cash flow models based on market rents and sublease incomes projected over the remaining lease terms.Supplemental Lease InformationSupplemental balance sheet information related to operating leases as of June 30, 2025 and December 31, 2024 is presented in the following table (in thousands, except for lease term and discount rate):As ofJune 30, 2025December 31, 2024Right-of-use assets for operating leases$30,951$31,081Operating lease liabilities, current$13,052$12,378Operating lease liabilities, net of current portion49,81052,189Total operating lease liabilities$62,862$64,567Weighted average remaining lease term (in years)6.06.5Weighted average discount rate9.4 %9.4 %Supplemental cash flow and expense information related to operating leases for the three and six months ended June 30, 2025 and 2024 is shown below (in thousands):Three Months Ended June 30,Six Months Ended June 30,2025202420252024Operating cash outflows for operating leases$3,248 $3,130 $6,441 $5,773 Amortization of operating lease right-of-use assets947 815 1,857 1,598 Interest expense on operating lease liabilities1,466 1,595 2,949 3,224 There were no TIA reimbursements for the three and six months ended June 30, 2025 or 2024.

16

A summary of our future minimum lease commitments under non-cancellable leases as of June 30, 2025 is shown below (in thousands): Operating Leases2025 (excluding the six months ended June 30, 2025)$6,820 202613,829 202714,015 202812,881 202912,411 Thereafter22,908 Total lease payments82,864 Less: imputed interest(20,002)Total$62,862 

5. Goodwill and Intangible AssetsThe following table details the changes in goodwill during the six months ended June 30, 2025 and fiscal year ended December 31, 2024 (in thousands):Carrying AmountBalance as of December 31, 2023$27,106 Foreign currency translation adjustments(1