Company: NET
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001477333-25-000137
Chunk: 330

Company: Cloudflare, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 330
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 plan165 — — — 13,057 — — 13,057 Reclassification of the 2025 capped calls from equity to derivative asset— — — — 308,299 — — 308,299 Purchase of capped calls related to the 2030 convertible senior notes— — — — (283,400)— — (283,400)Stock-based compensation— — — — 223,864 — — 223,864 Net loss— — — — — (88,900)— (88,900)Other comprehensive income— — — — — — 20,881 20,881 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.13

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

Six Months Ended June 30, 2024Class A common stockClass B common stockAdditionalpaid-incapitalAccumulateddeficitAccumulatedothercomprehensiveincome (loss)Totalstockholders’equitySharesAmountSharesAmountBalance as of December 31, 2023298,089 $297 39,443 $40 $1,784,566 $(1,023,840)$1,984 $763,047 Issuance of common stock upon exercise of stock options186 — 1,592 2 7,612 — — 7,614 Issuance of common stock related to early exercised stock options— — 2 — — — — — Vesting of shares issued upon early exercise of stock options— — — — 63 — — 63 Issuance of common stock related to settlement of RSUs and PSUs2,154 2 — — (2)— — — Tax withholding on RSU settlement(102)— — — (8,763)— — (8,763)Conversion of Class B to Class A common stock2,