Company: FSLY
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001517413-25-000111
Chunk: 239

Company: Fastly, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 239
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158)Other adjustments376 (259)Changes in operating assets and liabilities:Accounts receivable(3,993)12,028 Prepaid expenses and other current assets2,216 (2,700)Other assets(2,095)(1,814)Accounts payable2,575 101 Accrued expenses(3,383)(8,760)Operating lease liabilities(5,556)(7,606)Other liabilities9,183 2,667 Net cash provided by operating activities17,288 11,132 Cash flows from investing activities:Purchases of marketable securities(179,486)(56,948)Maturities of marketable securities7,969 99,080 Purchases of property and equipment(2,605)(1,603)Capitalized internal-use software(4,763)(6,845)Net cash provided by (used in) investing activities(178,885)33,684 Cash flows from financing activities:Repayments of finance lease liabilities(1,711)(4,872)Proceeds from exercise of vested stock options408 111 Proceeds from employee stock purchase plan2,131 2,881 Net cash provided by (used in) financing activities828 (1,880)Effects of exchange rate changes on cash, cash equivalents, and restricted cash78 (48)Net increase (decrease) in cash, cash equivalents, and restricted cash(160,691)42,888 Cash, cash equivalents, and restricted cash at beginning of period286,175 108,071 Cash, cash equivalents, and restricted cash at end of period$125,484 $150,959 

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

9

FASTLY, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS—Continued

(in thousands)

(unaudited)

Three months ended March 31,20252024Supplemental disclosure of cash flow information:Cash paid for interest$50 $225 Cash paid for income taxes, net of refunds received$449 $292 Cash paid for finance lease interest $12 $162 Noncash investing and financing activities:Property and equipment additions not yet paid in cash or financed$2,441 $(459)Capitalized stock-based compensation$1,612 $2,942 Assets obtained in exchange for operating lease obligations$2,946 $3,857 Net non-cash