Company: TEAM
Filing Date: 2025-01-31
Form Type: 10-Q
Source: 0001650372-25-000009
Chunk: 5

Company: Atlassian Corp
Filing Date: 2025-01-31
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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2,509,964)$654,672 Common stock issued2,422— — — — — — — Conversion from Class B Common Stock to Class A Common Stock2,077— (2,077)— — — — — Stock-based compensation—— ——525,426——525,426Repurchases of Class A Common Stock (879)— ————(163,485)(163,485)Other comprehensive income (loss), net of tax—— ———4,662—4,662Net loss—— ————(116,352)(116,352)Balance at December 31, 2023156,057$2 103,047$1 $3,656,057 $38,664 $(2,789,801)$904,923 

The above condensed consolidated financial statements should be read in conjunction with the accompanying notes.

6

ATLASSIAN CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(in thousands)

(Unaudited)Three Months Ended December 31,Six Months Ended December 31,2024202320242023Cash flows from operating activities: Net loss$(38,208)$(84,469)$(161,977)$(116,352)Adjustments to reconcile net loss to net cash provided by operating activities:Depreciation and amortization23,149 17,012 45,976 32,096 Stock-based compensation378,730 289,845 664,876 525,426 Deferred income taxes(2,161)(8,618)(2,929)(3,305)Amortization of interest rate swap contracts(6,865)— (14,020)— Net loss on strategic investments2,611 1,442 17,903 7,690 Net foreign currency loss (gain)(5,621)2,237 (2,581)2,418 Other(968)154 23 (1,092)Changes in operating assets and liabilities, net of business combinations:Accounts receivable, net(211,755)(156,163)(67,725)(46,675)Prepaid expenses and other assets(25,759)(486)(65,673)(23,542)Accounts payable24,863 33,648 14,719 623 Accrued expenses and other liabilities30,464 59,140 (77,704)(