Company: NCNO
Filing Date: 2025-04-01
Form Type: 10-K
Source: 0001902733-25-000026
Chunk: 142

Company: nCino, Inc.
Filing Date: 2025-04-01
Form: 10-K
Item: Item 7
Chunk 142
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1,995 (71)5,301 Net loss attributable to nCino, Inc.$(102,720)$(42,346)$(37,878)Net loss per share attributable to nCino, Inc.:Basic and diluted$(0.93)$(0.38)$(0.33)Weighted average number of common shares outstanding:Basic and diluted110,615,734 112,672,397 115,162,175 

1Includes the operating results of DocFox, ILT and FullCircl from the DocFox Acquisition Date, the ILT Acquisition Date and the FullCircl Acquisition Date, respectively, see Note 6 "Business Combinations" of the notes to our consolidated financial statements included in Part II, Item 8 of this Annual Report on Form 10-K for additional information.

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The Company recognized stock-based compensation expense as follows:

Fiscal Year Ended January 31,($ in thousands)202320242025Cost of subscription revenues$1,430 $1,847 $2,891 Cost of professional services and other revenues7,263 9,369 11,977 Sales and marketing13,283 15,417 17,016 Research and development11,602 15,942 17,416 General and administrative16,654 15,460 22,292 Total stock-based compensation expense$50,232 $58,035 $71,592 

The Company recognized amortization expense for intangible assets as follows:

Fiscal Year Ended January 31,($ in thousands)202320242025Cost of subscription revenues$17,019 $16,306 $17,784 Cost of professional services and other revenues94 330 330 Sales and marketing11,087 20,590 11,979 Total amortization expense$28,200 $37,226 $30,093 

Fiscal Year Ended January 31,202320242025Revenues:Subscription revenues84.4 %85.9 %86.8 %Professional services and other revenues15.6 14.1 13.2 Total revenues100.0 100.0 100.0 Cost of revenues (percentage shown in comparison to related revenues):Cost of subscription revenues30.8 29.5 28.8 Cost of professional services and other revenues99.7 105.3 113.2