Company: ASAN
Filing Date: 2025-12-02
Form Type: 10-Q
Source: 0001477720-25-000237
Chunk: 195

Company: Asana, Inc.
Filing Date: 2025-12-02
Form: 10-Q
Item: Part I, Item 1
Chunk 195
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 liabilities:Accounts receivable14,376 20,610 Prepaid expenses and other current assets(24,711)(15,852)Other assets561 (4,594)Accounts payable2,609 4,610 Accrued expenses and other liabilities(4,836)(11,408)Deferred revenue2,326 10,920 Operating lease liabilities(16,903)(14,598)Net cash provided by (used in) operating activities62,771 (930)Cash flows from investing activitiesPurchases of marketable securities(161,077)(166,628)Maturities of marketable securities165,576 195,605 Purchases of property and equipment(2,604)(4,064)Capitalized internal-use software costs(7,361)(4,702)Net cash (used in) provided by investing activities(5,466)20,211 Cash flows from financing activitiesRepayment of term loan(3,750)(1,875)Repurchases of common stock(74,183)(73,869)Proceeds from exercise of stock options2,835 3,884 Proceeds from employee stock purchase plan13,012 13,665 Taxes paid related to net share settlement of equity awards— (5)Net cash used in financing activities(62,086)(58,200)Effect of foreign exchange rates on cash, cash equivalents, and restricted cash3,795 (656)Net decrease in cash, cash equivalents, and restricted cash(986)(39,575)Cash, cash equivalents, and restricted cashBeginning of period184,864 236,663 End of period$183,878 $197,088 

See accompanying Notes to Condensed Consolidated Financial Statements.

8

ASANA, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - CONTINUED

(in thousands)

(unaudited)

Nine Months Ended October 31,20252024Reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheetsCash and cash equivalents$183,470 $196,772 Restricted cash408 316 Total cash, cash equivalents, and restricted cash$183,878 $197,088 Supplemental cash flow dataCash paid for income taxes$2,904 $3,776 Supplemental non-cash investing and financing informationPurchase of property and equipment in accounts payable and accrued expenses and other current liabilities$835