Company: TEAM
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001650372-25-000022
Chunk: 5

Company: Atlassian Corp
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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,631 $34,002 $(2,509,964)$654,672 Common stock issued3,718— — — 1 — — 1 Conversion from Class B Common Stock to Class A Common Stock4,112— (4,112)— — — — — Stock-based compensation—— ——807,945——807,945Repurchases of Class A Common Stock (1,085)— ————(204,612)(204,612)Other comprehensive income (loss), net of tax—— ———(20,235)—(20,235)Net loss—— ————(103,600)(103,600)Balance at March 31, 2024159,182$2 101,012$1 $3,938,577 $13,767 $(2,818,176)$1,134,171 

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 March 31,Nine Months Ended March 31,2025202420252024Cash flows from operating activities: Net income (loss)$(70,807)$12,752 $(232,784)$(103,600)Adjustments to reconcile net income (loss) to net cash provided by operating activities:Depreciation and amortization23,178 23,464 69,154 55,560 Stock-based compensation346,842 282,519 1,011,718 807,945 Deferred income taxes1,746 3,207 (1,183)(98)Amortization of interest rate swap contracts(6,337)— (20,357)— Net loss on strategic investments6,643 4,060 24,546 11,750 Net foreign currency loss (gain)(5,169)(2,276)(7,750)142 Other(264)412 (241)(680)Changes in operating assets and liabilities, net of business combinations:Accounts receivable, net53,770 (119,819)(13,955)(166,494)Prepaid expenses and other assets(294)(35,986)(65,967)(59,528)Accounts payable(93)28,227 14,626 28,850 Accrued