Company: IOT
Filing Date: 2025-06-10
Form Type: 10-Q
Source: 0001642896-25-000058
Chunk: 52

Company: Samsara Inc.
Filing Date: 2025-06-10
Form: 10-Q
Item: Part I, Item 8
Chunk 52
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 active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows:Level 1—Observable inputs that reflect quoted prices (unadjusted) in active markets for identical assets or liabilities.Level 2—Observable inputs other than quoted prices in active markets for identical assets or liabilities, quoted prices for identical or similar assets or liabilities in inactive markets, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.Level 3—Inputs that are generally unobservable and typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability.The level in the fair value hierarchy within which a fair value measurement in its entirety falls is based on the lowest-level input that is significant to the fair value measurement in its entirety.The condensed consolidated financial statements as of May 3, 2025 and February 1, 2025 do not include any non-recurring fair value measurements relating to assets or liabilities.

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The following tables present the fair value hierarchy for the Company’s assets measured at fair value on a recurring basis as of the periods presented (in thousands):As of May 3, 2025Level 1Level 2Level 3TotalCash equivalents and restricted cashCash equivalents:Money market funds$121,771 $— $— $121,771 Commercial paper— 44,035 — 44,035 U.S. government and agency securities— 19,426 — 19,426 Restricted cash—letters of credit17,552 — — 17,552 Total cash equivalents and restricted cash$139,323 $63,461 $— $202,784 Marketable debt securitiesCommercial paper$— $68,242 $— $68,242 Corporate notes and bonds— 460,999 — 460,999 U.S. government and agency securities— 234,940 — 234,940 Total marketable debt securities$— $764,181 $— $764,181 As of February 1, 2025Level 1Level 2Level 3TotalCash equivalents and restricted cashCash equivalents:Money market funds$157,601 $— $— $157,601 Commercial paper— 15,686