Company: APPN
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001441683-25-000053
Chunk: 23

Company: APPIAN CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 23
---
5Weighted average discount rate9.4 %9.4 %Supplemental cash flow and expense information related to operating leases for the three and six months ended June 30, 2025 and 2024 is shown below (in thousands):Three Months Ended June 30,Six Months Ended June 30,2025202420252024Operating cash outflows for operating leases$3,248 $3,130 $6,441 $5,773 Amortization of operating lease right-of-use assets947 815 1,857 1,598 Interest expense on operating lease liabilities1,466 1,595 2,949 3,224 There were no TIA reimbursements for the three and six months ended June 30, 2025 or 2024.

16

A summary of our future minimum lease commitments under non-cancellable leases as of June 30, 2025 is shown below (in thousands): Operating Leases2025 (excluding the six months ended June 30, 2025)$6,820 202613,829 202714,015 202812,881 202912,411 Thereafter22,908 Total lease payments82,864 Less: imputed interest(20,002)Total$62,862 

5. Goodwill and Intangible AssetsThe following table details the changes in goodwill during the six months ended June 30, 2025 and fiscal year ended December 31, 2024 (in thousands):Carrying AmountBalance as of December 31, 2023$27,106 Foreign currency translation adjustments(1,551)Balance as of December 31, 202425,555 Foreign currency translation adjustments3,208 Balance as of June 30, 2025$28,763 Intangible assets, net consisted of the following as of June 30, 2025 and December 31, 2024 (in thousands):As ofJune 30, 2025December 31, 2024Developed technology$7,524 $6,685 Customer relationships 1,008 896 Intangible assets, gross8,532 7,581 Less: accumulated amortization(6,650)(5,341)Intangible assets, net$1,882 $2,240 Intangible amortization expense was $0.3 million and $0.6 million for the three and six