Company: APPN
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001441683-25-000053
Chunk: 140

Company: APPIAN CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 2
Chunk 140
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) stock-based compensation expense, (6) Litigation Expense, (7) JPI Amortization, (8) Severance Costs, and (9) Lease Impairment and Lease-Related Charges. The most directly comparable GAAP financial measure to adjusted EBITDA is net loss. Users should consider the limitations of using adjusted EBITDA, including the fact that this measure does not provide a complete measure of our operating performance. Adjusted EBITDA is not intended to purport to be an alternative to net loss as a measure of operating performance or to cash flows from operating activities as a measure of liquidity. 

The presentation of these non-GAAP financial measures is not intended to be considered in isolation from, as a substitute for, or superior to the financial information prepared and presented in accordance with GAAP, and our non-GAAP measures may be different from non-GAAP measures used by other companies. 

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The following tables reconcile our non-GAAP measures to their nearest comparable GAAP measures (in thousands, except per share data):

GAAP MeasureStock-Based CompensationLitigation ExpenseJPI AmortizationLease Impairment and Lease-Related ChargesUnrealized Foreign Exchange Rate Gains and LossesNon-GAAP MeasureThree Months Ended June 30, 2025Subscriptions cost of revenue$17,154 $(205)$— $— $— $— $16,949 Professional services cost of revenue26,767 (1,355)— — — — 25,412 Total cost of revenue43,921 (1,560)— — — — 42,361 Total operating expense137,703 (9,133)(2,482)(3,118)(297)— 122,673 Operating (loss) income(10,984)10,693 2,482 3,118 297 — 5,606 Non-operating (income) expense(17,564)— — — — 16,754 (810)Income tax impact of above items1,573 295 — — — (1,059)809 Net (loss) income(312)10,398 2,482 3,118 297 (15,695)288 Net (loss) income per share, basic$(0.00)$0.14 $0.03 $0.04 $