Company: YEXT
Filing Date: 2025-12-08
Form Type: 10-Q
Source: 0001628280-25-055819
Chunk: 268

Company: Yext, Inc.
Filing Date: 2025-12-08
Form: 10-Q
Item: Part I, Item 1
Chunk 268
---
 Cash Flows

(In thousands) 

(Unaudited)Nine months ended October 31,20252024Operating activities:Net income (loss) $33,657 $(20,673)Adjustments to reconcile net income (loss) to net cash provided by operating activities:Depreciation and amortization expense20,304 12,101 Impairment of long-lived assets3,807 — Bad debt expense 2,033 1,017 Stock-based compensation expense37,959 37,091 Amortization of operating lease right-of-use assets7,063 6,471 Adjustments to contingent consideration(25,900)607 Other, net663 (751)Changes in operating assets and liabilities, net of assets acquired and liabilities assumed in business acquisitions:Accounts receivable49,817 55,285 Prepaid expenses and other current assets(1,822)(74)Costs to obtain revenue contracts9,249 10,476 Other long term assets6,502 256 Accounts payable, accrued expenses and other current liabilities(17,480)7,181 Unearned revenue(77,384)(89,117)Operating lease liabilities(10,604)(8,312)Other long term liabilities(11,552)307 Net cash provided by operating activities26,312 11,865 Investing activities:Capital expenditures(1,650)(1,769)Cash paid in acquisitions, net of cash acquired(18,801)(89,407)Net cash used in investing activities(20,451)(91,176)Financing activities:Proceeds from exercise of stock options1,773 1,137 Proceeds from debt issuance99,000 — Repurchase of common stock(59,776)(6,760)Payments for taxes related to net share settlement of stock-based compensation awards(18,473)(9,031)Payments of deferred financing costs (1,045)(777)Deferred acquisition payments(13,509)— Proceeds, net from employee stock purchase plan withholdings2,099 2,218 Net cash provided by (used in) financing activities10,069 (13,213)Effect of exchange rate changes on cash, cash equivalents and restricted cash4,347 345 Net increase (decrease) in cash, cash equivalents and restricted cash20,277 (92,179)Cash, cash equivalents and restricted cash at beginning of period138,654