Company: PATH
Filing Date: 2025-06-03
Form Type: 10-Q
Source: 0001734722-25-000030
Chunk: 66

Company: UiPath, Inc.
Filing Date: 2025-06-03
Form: 10-Q
Item: Part I, Item 8
Chunk 66
---
)33,385 31,708 Adjusted cost of professional services and other(2)(3)21,366 13,434 Adjusted sales and marketing(1)(2)(3)(4)133,191 142,148 Adjusted research and development(2)(3)(4)60,185 55,831 Adjusted general and administrative(1)(2)(3)(4)(5)37,853 39,869 Other segment items(6)100,584 87,123 Amortization of acquired intangible assets1,408 2,028 Interest income(12,648)(13,830)Provision for income taxes2,827 3,780 Net loss$(22,555)$(28,736)(1) Excludes amortization of acquired intangible assets(2) Excludes stock-based-compensation(3) Excludes employer payroll tax on employee equity transactions(4) Excludes restructuring costs(5) Excludes charitable donation of Class A common stock(6) Other segment items include stock-based compensation expense; employer payroll tax expense related to employee equity transactions; restructuring costs; charitable donation of Class A common stock; and other (expense) income, net.Recently Issued Accounting PronouncementsIn December 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. ASU No. 2023-09 will require additional tax disclosures, predominantly related to the effective income tax rate reconciliation and income taxes paid. ASU No. 2023-09 will be effective for us for annual periods beginning after December 15, 2024. Early adoption is permitted. We are currently evaluating the impact of this ASU on our condensed consolidated financial statements.In November 2024, the FASB issued ASU No. 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures. ASU No. 2024-03 requires additional disclosure on specific expense categories included in the expense captions presented on the statements of operations, and may be applied prospectively or retrospectively. ASU No. 2024-03 is effective for annual reporting periods beginning after December 15, 2026 and for interim reporting periods beginning after December 15, 2027. Early adoption is permitted. We are currently evaluating the impact of this ASU on our condensed