Company: APPN
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001441683-25-000041
Chunk: 9

Company: APPIAN CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 9
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, respectively4 4 Class B common stock—par value 0.0001; 100,000,000 shares authorized as of March 31, 2025 and December 31, 2024 and 31,088,085 and 31,090,085 shares issued as of March 31, 2025 and December 31, 2024, respectively3 3 Additional paid-in capital597,086 591,281 Accumulated other comprehensive loss(15,507)(11,774)Accumulated deficit(613,331)(612,154)Total stockholders’ deficit(31,745)(32,640)Total liabilities and stockholders’ deficit$592,899 $621,039 

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

3

APPIAN CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited, in thousands, except per share data)

Three months ended March 31,20252024RevenueSubscriptions$134,352 $117,694 Professional services32,074 32,141 Total revenue166,426 149,835 Cost of revenueSubscriptions14,894 12,270 Professional services24,024 25,727 Total cost of revenue38,918 37,997 Gross profit127,508 111,838 Operating expensesSales and marketing54,553 58,156 Research and development39,517 39,771 General and administrative34,272 33,446 Total operating expenses128,342 131,373 Operating loss(834)(19,535)Other non-operating (income) expenseOther (income) expense, net(5,716)8,207 Interest expense5,318 5,646 Total other non-operating (income) expense(398)13,853 Loss before income taxes(436)(33,388)Income tax expense (benefit)741 (465)Net loss$(1,177)$(32,923)Net loss per share:Basic and diluted$(0.02)$(0.45)Weighted average common shares outstanding:Basic and diluted74,094 73,300 

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

4

APPIAN CORPORATION

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(unaudited, in thousands)

Three Months