Company: PATH
Filing Date: 2025-03-24
Form Type: 10-K
Source: 0001734722-25-000007
Chunk: 253

Company: UiPath, Inc.
Filing Date: 2025-03-24
Form: 10-K
Item: Item 7
Chunk 253
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011 Payment of deferred consideration related to business acquisition(5,570)(5,863)— Repurchase of unvested early exercised stock options— — (1,493)Net cash used in financing activities(450,515)(196,895)(60,669)Effect of exchange rate changes(7,029)(2,621)(6,811)Net decrease in cash, cash equivalents, and restricted cash(182,482)(340,003)(366,604)Cash, cash equivalents, and restricted cash at beginning of period1,062,116 1,402,119 1,768,723 Cash, cash equivalents, and restricted cash at end of period$879,634 $1,062,116 $1,402,119 Supplemental disclosures of cash flow information:Cash paid for interest$309 $563 $651 Cash paid for income taxes16,709 10,822 20,999 Supplemental disclosures of non-cash investing and financing activity:Value of shares issued in payment of business acquisitions— — 2,965 Loan notes issued in connection with business acquisitions— — 11,433 Reduction in accrued expenses and other liabilities for vesting of early exercised stock options2 2 1,357 Tax withholdings on net settlement of restricted stock units, accrued but not yet paid4,674 3,354 2,213 Purchases of property and equipment included in accounts payable2,897 511 1,056 The accompanying notes are an integral part of these consolidated financial statements.

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UiPath, Inc.Notes to Consolidated Financial Statements 

1Organization and Description of BusinessUiPath, Inc. (the “Company,” “we,” “us,” or “our”) was incorporated in Delaware in June 2015 and is headquartered in New York, New York. Our AI-powered UiPath Platform™ offers a robust set of capabilities that allows our customers to discover opportunities for automation, automate using a digital workforce that seamlessly collaborates with humans, and operate a mission critical automation program at scale.We have legal presence in 31 countries, with our principal operations in the U.S., Romania, and Japan.

2Summary of Significant Accounting PoliciesBasis of PresentationThe consolidated financial statements have been prepared in accordance with U.S. GAAP and include the financial statements of UiPath, Inc. and its subsidiaries in which we hold a controlling financial interest. Intercompany transactions and accounts have