Company: APPN
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001441683-25-000053
Chunk: 12

Company: APPIAN CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 12
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— — 10,606 Other comprehensive income— — — 12,847 — — 12,847 Balance, March 31, 202472,236,232 $7 $603,870 $(10,708)$(552,815)$(50,019)$(9,665)Net loss— — — — (43,592)— (43,592)Issuance of common stock to directors4,692 — (178)— — 178 — Vesting of restricted stock units77,116 — (4,279)— — 2,919 (1,360)Exercise of stock options25,037 — (785)— — 948 163 Stock-based compensation expense— — 9,900 — — — 9,900 Other comprehensive loss— — (1,104)— — (1,104)Balance, June 30, 202472,343,077 $7 $608,528 $(11,812)$(596,407)$(45,974)$(45,658)

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

7

APPIAN CORPORATION

CONSOLIDATED STATEMENTS OF CASH FLOWS

(unaudited, in thousands)

Six Months Ended June 30,20252024Cash flows from operating activitiesNet loss$(1,489)$(76,515)Adjustments to reconcile net loss to net cash provided by operating activitiesStock-based compensation20,732 20,506 Depreciation expense and amortization of intangible assets4,970 4,941 Lease impairment charges— 5,462 Bad debt expense550 253 Amortization of debt issuance costs300 290 Benefit for deferred income taxes(689)(982)Foreign currency transaction (gains) losses, net(20,659)12,787 Changes in assets and liabilitiesAccounts receivable49,720 37,114 Prepaid expenses and other assets10,174 10,524 Deferred commissions3,228 2,897 Accounts payable and accrued expenses7,559 2,882 Accrued compensation and related benefits(3,811)(3,808)Other current and non-current liabilities(277)121 Deferred revenue(25,611)(14,267)Operating