Company: NCNO
Filing Date: 2025-05-28
Form Type: 10-Q
Source: 0001902733-25-000076
Chunk: 24

Company: nCino, Inc.
Filing Date: 2025-05-28
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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 on revolving credit facility75,000 102,500 Payments on revolving credit facility(20,000)(60,000)Payments of debt issuance costs(262)— Exercise of stock options1,601 748 Principal payments on financing obligations(359)(410)Net cash provided by financing activities55,980 2,250 Effect of foreign currency exchange rate changes on cash, cash equivalents, and restricted cash(1,799)4,040 Net increase in cash, cash equivalents, and restricted cash17,394 12,313 Cash, cash equivalents, and restricted cash, beginning of period117,444 121,267 Cash, cash equivalents, and restricted cash, end of period$134,838 $133,580 Reconciliation of cash, cash equivalents, and restricted cash, end of period:Cash and cash equivalents$129,481 $133,230 Restricted cash included in long-term prepaid expenses and other assets5,357 350 Total cash, cash equivalents, and restricted cash, end of period$134,838 $133,580 

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Table of ContentsnCino, Inc.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)(In thousands)(Unaudited)

Three Months Ended April 30,20242025Supplemental disclosure of cash flow informationCash paid for taxes, net of refunds$862 $750 Cash paid for interest$823 $4,145 Supplemental disclosure of noncash investing and financing activitiesFair value of contingent consideration in connection with business acquisition in accrued expenses and other current liabilities$— $8,100 Purchase of property and equipment, accrued but not paid$— $2,425 Measurement period adjustments relating to business acquisitions$— $1,353 Noncash consideration in connection with business acquisition for settlement of a preexisting contract$— $1,354 

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

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Table of ContentsnCino, Inc.NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(In thousands, except share and per share amounts and unless otherwise indicated)

Note 1. Summary of Business and Significant Accounting Policies

Description of Business: nCino, Inc., together with its subsidiaries (collectively "the Company"), is a software-as-a-service ("SaaS") company that provides software solutions to financial institutions to streamline