Company: NAVN
Filing Date: 2025-09-19
Form Type: S-1
Source: 0001628280-25-042130
Chunk: 396

Company: Navan, Inc.
Filing Date: 2025-09-19
Form: S-1
Chunk 396
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            437 |
| Balance as of July 31, 2025.............................................................................................................      |         $4,752 |
| Less: balance in accrued expenses and other current liabilities...........................................                                    |           -560 |
| Balance in other non-current liabilities............................................................................................          |         $4,192 |

As of July 31, 2025 , the Company’s application for relief is still under review with the governmental authorities. NOTE 13 – EMPLOYEE BENEFIT PLAN The Company sponsors a 401(k) defined contribution retirement plan (the “401(k) Plan”) covering certain U.S. employees. Participants may contribute a portion of their compensation to the Plan, subject to limitations under the Internal Revenue Code. The Company also maintains certain other defined contribution plans outside of the United States for which it provides contributions for participating employees in the regions in which matching contributions is applicable. The Company’s contributions for all defined contribution retirement plans was $3.8 million and $2.8 million for the six months ended July 31, 2025 and 2024 , respectively. NOTE 14 – NET LOSS PER SHARE The following table sets forth the computation of basic and diluted net loss per share attributable to common stockholders (in thousands, except share and per share data):

|                                                                                                                                                             | Six Months Ended July 31, |     |            |
|                                                                                                                                                             |                      2025 |     |       2024 |
| Net loss.....................................................................................................................                               |                 $(99,880) |     |  $(92,544) |
| Weighted-average shares outstanding used to compute net loss per shareattributable to common stockholders, basic and diluted............................... |                46,350,553 |     | 45,153,649 |
| Net loss per share attributable to common stockholders, basic and diluted.                                                                                  |                   $(2.15) |     |    $(2.05) |

During the six months ended July 31, 2025 and 2024 the Company was in a net loss position. As a result, basic net loss per share is the same as diluted net loss per share, as the inclusion of all potential shares of common stock outstanding would have been antidilutive. The potential shares of common stock that were excluded from the computation of diluted net loss per share attributable to common

F-78 NAVAN, INC. AND SUBSIDIARIES Notes to Condensed Consolidated Financial Statements (unaudited)

stockholders for the periods presented because including