Company: NCNO
Filing Date: 2025-08-26
Form Type: 10-Q
Source: 0001902733-25-000106
Chunk: 48

Company: nCino, Inc.
Filing Date: 2025-08-26
Form: 10-Q
Item: Part I, Item 1
Chunk 48
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 July 31,20242025Cash flows from operating activitiesNet loss attributable to nCino, Inc.$(14,016)$(9,695)Net loss and adjustment attributable to redeemable non-controlling interest696 1,993 Net loss(13,320)(7,702)Adjustments to reconcile net loss to net cash provided by operating activities:Depreciation and amortization17,219 21,407 Non-cash operating lease costs2,715 2,273 Amortization of costs capitalized to obtain revenue contracts5,645 7,230 Amortization of debt issuance costs31 144 Stock-based compensation35,044 34,430 Change in fair value of contingent consideration— 300 Deferred income taxes(2,656)4,003 Provision for bad debt25 153 Net foreign currency losses (gains)392 (14,018)Gains on investments— (1,652)Loss on disposal of long-lived assets30 463 Change in operating assets and liabilities:Accounts receivable37,778 51,837 Costs capitalized to obtain revenue contracts(8,382)(6,639)Prepaid expenses and other assets(2,430)1,629 Accounts payable768 660 Accrued expenses and other liabilities(8,645)(16,368)Deferred revenue(2,572)(3,411)Operating lease liabilities(2,201)(2,606)Other long term liabilities— (77)Net cash provided by operating activities59,441 72,056 Cash flows from investing activitiesAcquisition of business, net of cash acquired(90,839)(50,263)Acquisition of assets(300)— Purchases of property and equipment(786)(6,866)Sale of investment— 3,684 Net cash used in investing activities(91,925)(53,445)Cash flows from financing activitiesRepurchases of common stock— (60,598)Proceeds from borrowings on revolving credit facility75,000 102,500 Payments on revolving credit facility(35,000)(65,000)Payments of debt issuance costs(370)— Exercise of stock options1,737 1,294 Stock issuance under the employee stock purchase plan2,514 2,444 Principal payments on financing obligations(722)(824)Net cash provided by (used in) financing activities43,159 (20,184)Effect