v3.24.1.1.u2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Cash flows from operating activities    
Net loss attributable to nCino, Inc. $ (2,976) $ (11,243)
Net loss and adjustment attributable to redeemable non-controlling interest 679 (401)
Net loss (2,297) (11,644)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 8,290 9,131
Non-cash operating lease costs 1,615 1,189
Amortization of costs capitalized to obtain revenue contracts 2,741 2,439
Amortization of debt issuance costs 10 46
Stock-based compensation 16,205 10,865
Deferred income taxes (3,441) 332
Provision for (recovery of) bad debt (131) 298
Net foreign currency losses 756 363
Change in operating assets and liabilities:    
Accounts receivable 37,464 18,278
Costs capitalized to obtain revenue contracts (5,105) (1,035)
Prepaid expenses and other assets (2,092) (1,238)
Accounts payable 3,812 (259)
Accrued expenses and other liabilities (8,192) (13,227)
Deferred revenue 6,175 16,755
Operating lease liabilities (1,368) (990)
Net cash provided by operating activities 54,442 31,303
Cash flows from investing activities    
Acquisition of business, net of cash acquired (90,737) 0
Acquisition of assets (150) (356)
Purchases of property and equipment (342) (1,605)
Net cash used in investing activities (91,229) (1,961)
Cash flows from financing activities    
Proceeds from borrowings on revolving credit facility 75,000 0
Payments on revolving credit facility (20,000) (15,000)
Payments of debt issuance costs (262) 0
Exercise of stock options 1,601 1,388
Principal payments on financing obligations (359) (244)
Net cash provided by (used in) financing activities 55,980 (13,856)
Effect of foreign currency exchange rate changes on cash, cash equivalents, and restricted cash (1,799) 593
Net increase in cash, cash equivalents, and restricted cash 17,394 16,079
Cash, cash equivalents, and restricted cash, beginning of period 117,444 87,418
Cash, cash equivalents, and restricted cash, end of period 134,838 103,497
Reconciliation of cash, cash equivalents, and restricted cash, end of period:    
Cash and cash equivalents 129,481 98,136
Restricted cash included in prepaid expenses and other current assets 0 5,160
Restricted cash included in long-term prepaid expenses and other assets 5,357 201
Total cash, cash equivalents, and restricted cash, end of period 134,838 103,497
Supplemental disclosure of cash flow information    
Cash paid for taxes, net of refunds 862 1,084
Cash paid for interest 823 1,490
Supplemental disclosure of noncash investing and financing activities    
Purchase of property and equipment, accrued but not paid 0 182
Deferred costs, accrued but not paid 140 0
Receivables from exercise of stock options 0 213
Accrued purchase price related to acquisitions $ 300 $ 0