Company: QLYS
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001107843-25-000038
Chunk: 204

Company: QUALYS, INC.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 8
Chunk 204
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 as follows:Three Months EndedSeptember 30,Nine Months EndedSeptember 30,2025202420252024(in thousands)(in thousands)Reclassification of AOCI - Cash flow hedgesRevenues$8 $(320)$367 $(974)Cost of revenues(89)(25)(213)(19)Research and development(239)(64)(567)(51)Sales and marketing(25)(6)(56)(5)General and administrative(32)(8)(76)(6)Total$(377)$(423)$(545)$(1,055)There was no reclassification of AOCI to other income (expense), net related to available-for-sale debt securities during the three months ended September 30, 2025 and 2024. The Company reclassified an immaterial amount during the nine months ended September 30, 2025, and none during the same period in 2024.

NOTE 4.                              Property and Equipment, Net

Property and equipment, net, consists of the following: September 30,2025December 31,2024(in thousands)Computer equipment$188,342 $187,281 Computer software26,237 26,229 Leasehold improvements23,751 23,429 Scanner appliances19,234 18,978 Furniture, fixtures and equipment5,236 5,204 Total property and equipment262,800 261,121 Less: accumulated depreciation and amortization(238,008)(230,772)Property and equipment, net$24,792 $30,349 As of September 30, 2025 and December 31, 2024, physical scanner appliances and other computer equipment that are or will be subject to leases by customers had a net carrying value of $9.3 million and $11.2 million, respectively, including assets that had not been placed in service of $4.3 million and $7.4 million, respectively. Depreciation and amortization expenses relating to property and equipment were $2.5 million and $3.6 million for the three months ended September 30, 2025 and 2024, respectively, and $9.4 million and $12.1 million for the nine months ended September 30, 2025 and 2024, respectively, which were mainly recorded in cost of revenues in the condensed consolidated statements of operations.

NOTE 5.                              Revenue from Contracts with