Company: TENB
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001660280-25-000034
Chunk: 118

Company: Tenable Holdings, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 118
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Operating lease right-of-use assets45,139 34,835 Acquired intangible assets, net94,461 107,017 Goodwill541,292 518,539 Other assets 13,303 23,177 Total assets $1,742,119 $1,606,871 Liabilities and Stockholders’ EquityCurrent liabilities: Accounts payable and accrued expenses$19,981 $16,941 Accrued compensation55,784 66,492 Deferred revenue650,372 580,779 Operating lease liabilities6,801 5,971 Other current liabilities5,154 5,655 Total current liabilities 738,092 675,838 Deferred revenue (net of current portion) 182,815 169,718 Term loan, net of issuance costs (net of current portion)356,705 359,281 Operating lease liabilities (net of current portion)56,224 48,058 Other liabilities 8,329 7,632 Total liabilities 1,342,165 1,260,527 Stockholders’ equity:Common stock (par value: $0.01; 500,000 shares authorized, 122,371 and 117,504 shares issued at December 31, 2024 and 2023, respectively)1,224 1,175 Additional paid-in capital1,374,659 1,185,100 Treasury stock (at cost: 2,673 and 356 shares at December 31, 2024 and 2023, respectively)(114,911)(14,934)Accumulated other comprehensive income318 38 Accumulated deficit(861,336)(825,035)Total stockholders’ equity399,954 346,344 Total liabilities and stockholders’ equity$1,742,119 $1,606,871 

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

72

TENABLE HOLDINGS, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

Year Ended December 31,(in thousands, except per share data)202420232022Revenue$900,021 $798,710 $683,191 Cost of revenue199,668 183,577 154,789 Gross profit700,353 615,133 528,402 Operating expenses:Sales and marketing395,385 393,450 349,430 Research and