Yext Inc
For the period ended Jul 31, 2024. Filed Sep 4, 2024.
View on SEC.govAbout this filing
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.
Jul 31, 2024 · Filed Sep 4, 2024
YEXT$7.67+1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets (Unaudited)
Condensed Consolidated Balance Sheets
(In thousands, except share and per share data)
| July 31, 2024 | January 31, 2024 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $234,823 | $210,184 |
| Accounts receivable, net of allowances of $926 and $1,013, respectively | 45,870 | 108,198 |
| Prepaid expenses and other current assets | 18,312 | 14,849 |
| Costs to obtain revenue contracts, current | 23,048 | 26,680 |
| Total current assets | 322,053 | 359,911 |
| Property and equipment, net | 44,037 | 48,542 |
| Operating lease right-of-use assets | 71,872 | 75,989 |
| Costs to obtain revenue contracts, non-current | 12,793 | 16,710 |
| Goodwill | 4,478 | 4,478 |
| Intangible assets, net | 156 | 168 |
| Other long term assets | 2,815 | 3,012 |
| Total assets | $458,204 | $508,810 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable, accrued expenses and other current liabilities | $33,740 | $38,766 |
| Unearned revenue, current | 156,194 | 212,210 |
| Operating lease liabilities, current | 17,574 | 16,798 |
| Total current liabilities | 207,508 | 267,774 |
| Operating lease liabilities, non-current | 83,201 | 89,562 |
| Other long term liabilities | 4,692 | 4,300 |
| Total liabilities | 295,401 | 361,636 |
| Commitments and contingencies (Note 11) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value per share; 50,000,000 shares authorized at July 31, 2024 and January 31, 2024; zero shares issued and outstanding at July 31, 2024 and January 31, 2024 | — | — |
| Common stock, $0.001 par value per share; 500,000,000 shares authorized at July 31, 2024 and January 31, 2024; 150,518,464 and 148,197,347 shares issued at July 31, 2024 and January 31, 2024, respectively; 127,144,940 and 124,867,093 shares outstanding at July 31, 2024 and January 31, 2024, respectively | 150 | 148 |
| Additional paid-in capital | 966,550 | 942,622 |
| Accumulated other comprehensive loss | (4,359) | (4,183) |
| Accumulated deficit | (687,046) | (679,172) |
| Treasury stock, at cost | (112,492) | (112,241) |
| Total stockholders’ equity | 162,803 | 147,174 |
| Total liabilities and stockholders’ equity | $458,204 | $508,810 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.