Company: ASAN
Filing Date: 2025-12-02
Form Type: 10-Q
Source: 0001477720-25-000237
Chunk: 191

Company: Asana, Inc.
Filing Date: 2025-12-02
Form: 10-Q
Item: Part I, Item 1
Chunk 191
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 profit178,726 164,084 523,481 477,953 Operating expenses:Research and development73,813 83,286 228,316 257,228 Sales and marketing100,243 104,708 306,761 317,689 General and administrative74,656 36,270 151,750 106,182 Total operating expenses248,712 224,264 686,827 681,099 Loss from operations(69,986)(60,180)(163,346)(203,146)Interest income and other income (expense), net3,609 4,949 12,746 16,069 Interest expense(767)(934)(2,355)(2,831)Loss before provision for income taxes(67,144)(56,165)(152,955)(189,908)Provision for income taxes1,289 1,161 3,856 3,329 Net loss$(68,433)$(57,326)$(156,811)$(193,237)Net loss per share:Basic and diluted$(0.29)$(0.25)$(0.66)$(0.84)Weighted-average shares used in calculating net loss per share:Basic and diluted237,790229,624236,307228,830

See accompanying Notes to Condensed Consolidated Financial Statements.

2

ASANA, INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(in thousands)

(unaudited)

Three Months Ended October 31,Nine Months Ended October 31,2025202420252024Net loss$(68,433)$(57,326)$(156,811)$(193,237)Other comprehensive income (loss), net of tax:Net unrealized gains on marketable securities652 33 772 71 Foreign currency translation adjustments(90)(238)4,904 (818)Total other comprehensive income (loss)562 (205)5,676 (747)Comprehensive loss$(67,871)$(57,531)$(151,135)$(193,984)

See accompanying Notes to Condensed Consolidated Financial Statements.

3

ASANA, INC.

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

(in thousands)

(unaudited)

Three Months Ended October 31, 2025Common StockAdditionalPaid-In CapitalAccumulatedOther Comprehensive IncomeAccum