Company: ASAN
Filing Date: 2025-06-03
Form Type: 10-Q
Source: 0001477720-25-000107
Chunk: 243

Company: Asana, Inc.
Filing Date: 2025-06-03
Form: 10-Q
Item: Part I, Item 8
Chunk 243
---
 106,009 — 106,009 U.S. agency bonds— 20,981 — 20,981 Total marketable securities$155,166 $126,990 $— $282,156 Total assets$243,417 $126,990 $— $370,407 The following table summarizes the Company's investments in marketable securities on the condensed consolidated balance sheets (in thousands):As of April 30, 2025AmortizedCostGrossUnrealizedGainsGross Unrealized LossesEstimatedFair ValueCurrent AssetsU.S. Treasury securities$138,414 $1,037 $(17)$139,434 Corporate bonds107,900 704 (2)108,602 U.S. agency bonds28,961 21 (7)28,975 Total marketable securities$275,275 $1,762 $(26)$277,011 

12

ASANA, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(unaudited)

As of January 31, 2025AmortizedCostGrossUnrealizedGainsGross Unrealized LossesEstimatedFair ValueCurrent AssetsU.S. Treasury securities$155,017 $254 $(105)$155,166 Corporate bonds105,532 487 (10)106,009 U.S. agency bonds20,935 52 (6)20,981 Total marketable securities$281,484 $793 $(121)$282,156 The following table presents the contractual maturities of the Company’s marketable securities as of April 30, 2025 (in thousands):As of April 30, 2025Amortized CostEstimated Fair ValueDue within one year$105,768 $105,936 Due within one to three years169,507 171,075 Total$275,275 $277,011 The Company periodically evaluates its investments for expected credit losses. The Company had certain available-for-sale investment securities in a gross unrealized loss position, substantially all of which had been in such position for less than 12 months. The unrealized losses on the available-for-sale securities were primarily due to unfavorable changes in interest rates subsequent to the initial purchase of these securities. The Company expects to recover the full carrying value of its available-for-sale securities in an unrealized loss position as it does not intend or anticipate