Company: NET
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001477333-25-000137
Chunk: 396

Company: Cloudflare, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 8
Chunk 396
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 — — 243,060 162,877 80,183 Subtotal2,709,687 3,865 (351)2,713,201 272,089 2,441,112 — Total assets measured at fair value on a recurring basis$3,963,054 $3,865 $(351)$3,966,568 $1,518,608 $2,441,112 $6,848 

19

(in thousands)Reported as:December 31, 2024AmortizedCostUnrealizedGainUnrealized(Loss)FairValueCash &CashEquivalentsAvailable-for-sale SecuritiesRestrictedCash (Current and Non-Current)Cash$51,410 $— $— $51,410 $44,887 $— $6,523 Level I:Money market funds102,804 — — 102,804 102,804 — — Level II:Corporate bonds466,769 1,125 (316)467,578 — 467,578 — U.S. treasury securities1,120,478 2,403 (677)1,122,204 — 1,122,204 — U.S. government agency securities69,872 55 (19)69,908 — 69,908 — Commercial paper48,538 — — 48,538 — 48,538 — Subtotal1,705,657 3,583 (1,012)1,708,228 — 1,708,228 — Total assets measured at fair value on a recurring basis$1,859,871 $3,583 $(1,012)$1,862,442 $147,691 $1,708,228 $6,523 As of June 30, 2025, the Company had $6.8 million in total restricted cash mainly related to indemnity holdback consideration associated with asset acquisitions and business combinations.The aggregate fair value of the Company’s money market funds approximated amortized cost and, as such, there were no unrealized gains or losses on money market funds as of June 30, 2025 and December 31, 2024. Realized gains and losses, net of tax, were not material for any of the periods presented.The