Company: ASAN
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001477720-25-000045
Chunk: 7

Company: Asana, Inc.
Filing Date: 2025-03-18
Form: 10-K
Item: Item 8
Chunk 7
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ization of discount on revolving credit facility and term loan issuance costs122 122 41 Changes in operating assets and liabilities:Accounts receivable(4,661)(9,527)(25,179)Prepaid expenses and other current assets(20,427)(25,594)(24,042)Other assets(4,400)(468)(4,108)Accounts payable4,443 (569)(4,391)Accrued expenses and other liabilities6,604 (5,206)25,539 Deferred revenue31,581 37,623 59,375 Operating lease liabilities(19,954)(18,864)(13,829)Net cash provided by (used in) operating activities14,925 (17,931)(160,058)Cash flows from investing activitiesPurchases of marketable securities(234,448)(319,133)(72,216)Sales of marketable securities— 18 — Maturities of marketable securities240,601 43,141 143,865 Purchases of property and equipment(5,569)(7,721)(5,351)Capitalized internal-use software costs(6,713)(5,440)(1,806)Net cash (used in) provided by investing activities(6,129)(289,135)64,492 Cash flows from financing activitiesProceeds from term loan, net of issuance costs— — 49,555 Repayment of term loan(2,500)(3,125)(38,333)Proceeds from private placement—related party, net of offering costs— — 347,289 Repurchases of common stock(78,354)— (9)Proceeds from exercise of stock options9,101 4,843 5,773 Proceeds from employee stock purchase plan13,665 15,069 17,116 Taxes paid related to net share settlement of equity awards(5)(10)— Net cash (used in) provided by financing activities(58,093)16,777 381,391 Effect of foreign exchange rates on cash, cash equivalents, and restricted cash(2,502)389 335 Net increase (decrease) in cash, cash equivalents, and restricted cash(51,799)(289,900)286,160 

See accompanying Notes to Consolidated Financial Statements.

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ASANA, INC.CONSOLIDATED STATEMENTS OF CASH FLOWS - CONTINUED