Company: TENB
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001660280-25-000090
Chunk: 14

Company: Tenable Holdings, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 14
---
 acquired intangible assets are expected to be amortized over an estimated remaining weighted average period of 5.4 years.

14

At June 30, 2025, estimated future amortization of acquired intangible assets is as follows:(in thousands)Year ending December 31,2025(1)$13,565 202626,944 202724,915 202821,872 202918,252 Thereafter23,312 Total$128,860 _______________(1)    Represents the six months ending December 31, 2025.

7. Leases

The components of lease expense were as follows:Three Months Ended June 30,Six Months Ended June 30,(in thousands)2025202420252024Operating lease cost(1)$2,830 $1,890 $5,233 $3,785 _______________(1)    Excludes sublease income.In June 2024, we executed a sublease of a portion of our corporate headquarters through February 2032 and recognized $4.5 million of restructuring expense related to the associated impairment of leasehold improvements and furniture and fixtures. Sublease income, which is recorded as a reduction of rent expense, was $0.4 million and $0.8 million for the three and six months ended June 30, 2025, respectively.Rent expense for short-term leases in the three and six months ended June 30, 2025 and 2024 was not material.Supplemental information related to leases was as follows:June 30, 2025December 31, 2024Operating leasesWeighted average remaining lease term6.1 years6.5 yearsWeighted average discount rate6.2%6.1%Three Months Ended June 30,Six Months Ended June 30,(in thousands)2025202420252024ROU assets obtained in exchange for lease obligationsOperating leases$359 $806 $359 $806 

15

Maturities of operating lease liabilities at June 30, 2025 were as follows:(in thousands)Year ending December 31,2025(1)$4,270 202612,694 202712,119 202811,461 202911,095 Thereafter22,567 Total lease payments74,206 Less: Imputed interest(13,009)Total$61,197 _______________(1)    Represents the six months