Company: TEAM
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001650372-25-000022
Chunk: 7

Company: Atlassian Corp
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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,948,978 Restricted cash included in other non-current assets969 1,215 969 1,215 Total cash, cash equivalents, and restricted cash$2,661,828 $1,950,193 $2,661,828 $1,950,193 Non-cash investing and financing activities:Purchase of property and equipment included in accrued expenses and other current liabilities5,645 1,510 5,645 1,510 Repurchases of Class A Common Stock included in accrued expenses and other current liabilities7,000 5,750 7,000 5,750 

The above condensed consolidated financial statements should be read in conjunction with the accompanying notes.

7

ATLASSIAN CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

1. Description of BusinessAtlassian Corporation (the “Company”) is a global technology company with a mission to unleash the potential of every team. Through a portfolio of interconnected products with discrete value propositions that are powered by the Atlassian platform and data model, Atlassian gives all teams the right teamwork foundations so they can plan and track work, align on goals, and unleash knowledge across the organization. The Company’s primary products include Jira for planning and project management, Confluence for content creation and sharing, Jira Service Management for team service, management and support applications.The Company’s fiscal year ends on June 30 of each year. References to fiscal year 2025, for example, refer to the fiscal year ending June 30, 2025.

2. Summary of Significant Accounting PoliciesBasis of Presentation The accompanying condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”). These principles are established primarily by the Financial Accounting Standards Board (“FASB”).The accompanying condensed consolidated financial statements contain all normal recurring adjustments which are necessary to fairly present the condensed consolidated balance sheets as of March 31, 2025 and June 30, 2024, the statements of operations, comprehensive income (loss), stockholders’ equity, and cash flows for the three and nine months ended March 31, 2025 and 2024.Certain reclassifications have been made to prior period balances to conform to the current period presentation. “Maintenance” revenues have been reclassified to “Other” revenues on the Company’s condensed consolidated statements of operations. This reclassification had no impact on previously reported total revenues.These condensed consolidated financial