Company: APPN
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001441683-25-000017
Chunk: 97

Company: APPIAN CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 7
Chunk 97
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 (loss) income per share, basic and diluted$(1.52)$0.58 $(0.03)$0.08 $0.08 $— $— $(0.81)Year Ended December 31, 2022Subscriptions cost of revenue$36,005 $(996)$— $— $— $— $— $35,009 Professional services cost of revenue97,301 (5,309)— — — — — 91,992 Total cost of revenue133,306 (6,305)— — — — — 127,001 Total operating expense479,695 (32,525)(22,886)— — — — 424,284 Operating (loss) income(145,010)38,830 22,886 — — — — (83,294)Net (loss) income(150,920)38,830 22,886 — — — — (89,204)Net (loss) income per share, basic and diluted(a)$(2.08)$0.54 $0.32 $— $— $— $— $(1.23)

(a) Per share amounts do not foot due to rounding.

58

The following table reconciles GAAP net loss to adjusted EBITDA for the years ended December 31, 2024, 2023, and 2022 (in thousands):

Year Ended December 31,202420232022GAAP net loss$(92,262)$(111,441)$(150,920)Other expense (income), net6,773 (17,603)3,545 Interest expense23,582 17,862 1,673 Income tax expense1,054 3,209 692 Depreciation expense and amortization of intangible assets10,030 9,473 7,297 Stock-based compensation expense39,045 43,387 38,830 Litigation Expense4,602 (2,064)22,886 JPI Amortization15,795 6,038 — Severance Costs5,534 6,299 — Lease Impairment and Lease-Related Charges6,104 — — Adjusted EBITDA$20,257 $(44,