Company: NET
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001477333-25-000137
Chunk: 328

Company: Cloudflare, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 328
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 units (RSUs) and performance stock units (PSUs)1,250 1 — — (1)— — — Tax withholding on RSU settlement(68)— — — (10,510)— — (10,510)Conversion of Class B to Class A common stock1,198 1 (1,198)(1)— — — — Common stock issued under employee stock purchase plan165 — — — 13,057 — — 13,057 Purchase of capped calls related to the 2030 convertible senior notes— — — — (283,400)— — (283,400)Stock-based compensation— — — — 125,461 — — 125,461 Net loss— — — — — (50,446)— (50,446)Other comprehensive income— — — — — — 12,974 12,974 Balance as of June 30, 2025312,677 $312 35,738 $36 $2,414,291 $(1,191,540)$16,628 $1,239,727 

The accompanying notes are an integral part of these condensed consolidated financial statements.11

Table of contentsCLOUDFLARE, INC.CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY(in thousands)(unaudited)

Three Months Ended June 30, 2024Class A common stockClass B common stockAdditionalpaid-incapitalAccumulateddeficitAccumulatedothercomprehensivelossTotalstockholders’equitySharesAmountSharesAmountBalance as of March 31, 2024301,023 $300 38,710 $39 $1,857,168 $(1,059,383)$(900)$797,224 Issuance of common stock upon exercise of stock options 72 — 576 1 3,191 — — 3,192 Issuance of common stock related to early exercised stock options — — 2 — — — — — Vesting of shares issued upon early exercise of stock options — — — — 32 — — 32 Issuance of common stock related to settlement of RSUs and PSUs