Yext Inc
For the period ended Apr 30, 2024. Filed Jun 10, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Apr 30, 2024 · Filed Jun 10, 2024
YEXT$7.67+1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows (Unaudited)
Condensed Consolidated Statements of Cash Flows
(In thousands)
| Three months ended April 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Operating activities: | ||
| Net loss | $(3,817) | $(412) |
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||
| Depreciation and amortization expense | 2,963 | 4,668 |
| Bad debt expense | 28 | 975 |
| Stock-based compensation expense | 12,065 | 11,012 |
| Amortization of operating lease right-of-use assets | 2,110 | 2,293 |
| Other, net | 366 | 100 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 54,316 | 50,614 |
| Prepaid expenses and other current assets | (660) | (1,657) |
| Costs to obtain revenue contracts | 4,270 | 3,329 |
| Other long term assets | 80 | 1,094 |
| Accounts payable, accrued expenses and other current liabilities | (4,028) | (15,047) |
| Unearned revenue | (26,697) | (27,337) |
| Operating lease liabilities | (2,847) | (2,904) |
| Other long term liabilities | 160 | 16 |
| Net cash provided by operating activities | 38,309 | 26,744 |
| Investing activities: | ||
| Capital expenditures | (647) | (944) |
| Net cash used in investing activities | (647) | (944) |
| Financing activities: | ||
| Proceeds from exercise of stock options | 283 | 7,271 |
| Repurchase of common stock | — | (4,583) |
| Payments for taxes related to net share settlement of stock-based compensation awards | (2,039) | (3,237) |
| Payments of deferred financing costs | (338) | (64) |
| Proceeds, net from employee stock purchase plan withholdings | 920 | 925 |
| Net cash (used in) provided by financing activities | (1,174) | 312 |
| Effect of exchange rate changes on cash and cash equivalents | (558) | 524 |
| Net increase in cash and cash equivalents | 35,930 | 26,636 |
| Cash and cash equivalents at beginning of period | 210,184 | 190,214 |
| Cash and cash equivalents at end of period | $246,114 | $216,850 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.