Company: NET
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001477333-25-000043
Chunk: 173

Company: Cloudflare, Inc.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 173
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-sale securities(1,572,113)(1,877,513)(1,132,951)Sales of available-for-sale securities— 20,248 — Maturities of available-for-sale securities1,493,356 1,812,015 1,148,770 Other investing activities38 74 36 Net cash used in investing activities(330,224)(186,201)(235,696)Cash Flows from Financing ActivitiesRepayments of convertible senior notes— (207,649)(16,571)Cash paid for issuance costs on revolving credit facility(2,148)— — Proceeds from the exercise of stock options12,905 14,851 10,000 Proceeds from the early exercise of stock options6 — 113 Repurchases of unvested common stock— (34)(3)Proceeds from the issuance of common stock for employee stock purchase plan19,796 19,083 15,291 Payment of tax withholding obligation on RSU settlement(16,774)(7,953)(2,483)Payment of indemnity holdback(1,000)(10,483)— Net cash provided by (used in) financing activities12,785 (192,185)6,347 Net increase (decrease) in cash, cash equivalents, and restricted cash62,990 (123,980)(105,754)Cash, cash equivalents, and restricted cash, beginning of period91,224 215,204 320,958 Cash, cash equivalents, and restricted cash, end of period$154,214 $91,224 $215,204 Supplemental Disclosure of Cash Flow Information:Cash paid for interest$75 $670 $1,238 Cash paid for income taxes, net of refunds$4,995 $4,454 $2,223 Cash paid for operating lease liabilities$51,387 $40,747 $28,881 Supplemental Disclosure of Non-cash Investing and Financing Activities:Stock-based compensation capitalized for software development$10,839 $6,641 $5,452 

The accompanying notes are an integral part of these consolidated financial statements.102

Accounts payable and accrued expenses related to property and equipment additions$57,241 $26,423 $28,979 Vesting of early exercised stock options$109 $1,761 $2,862 Indem