ALKAMI TECHNOLOGY, INC.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash and cash equivalents $166.8m $308.6m $108.7m $40.9m $94.4m $63.5m
Accounts receivable, net $14.1m $20.8m $26.2m $35.5m $38.7m $51.5m
Prepaid expenses and other current assets $7.6m $9.5m $11.7m $10.6m $13.7m $20.7m
Total current assets $193.2m $345.2m $242.2m $148.6m $181.4m $187.2m
Property and equipment, net $10.5m $11.8m $13.6m $16.9m $22.1m $26.7m
Intangibles, net $8.3m $11.2m $42.6m $35.8m $29.0m $158.9m
Goodwill $16.2m $48.1m $148.0m $148.1m $148.1m $403.4m
Right-of-use assets $0 $14.7m $15.8m $14.6m $13.5m
Other assets $6.1m $2.3m $3.1m $3.9m $5.0m $10.1m
Marketable securities $24.9m $0 $87.6m $51.2m $21.4m $35.6m
Deferred costs, current $24.9m $6.3m $7.9m $10.3m $13.2m $15.9m
Deferred costs, net of current portion $18.0m $24.8m $30.7m $37.2m $47.4m
Lease liabilities, current portion $0 $3.7m $1.2m $1.3m $1.6m
Deferred income taxes $0 $85k $1.7m $1.7m $1.8m $2.6m
Convertible senior notes, net $0 $336.2m
Revolving loan $0 $15.0m
Lease liabilities, net of current portion $0 $15.8m $18.1m $17.1m $15.7m
Other non-current liabilities $1.4m $16.5m $400k $305k $220k $237k
Total stockholders’ equity ($263.5m) $344.6m $334.0m $324.9m $357.0m $362.0m
Total assets $249.2m $436.5m $488.9m $399.8m $437.3m $847.2m
Total liabilities and stockholders' equity $249.2m $436.5m $488.9m $399.8m $437.3m $847.2m
Accounts payable $360k $3.6m $4.3m $7.5m $6.1m $5.8m
Accrued liabilities $13.1m $19.1m $21.6m $19.8m $24.5m $47.4m
Deferred revenues, current portion $6.1m $8.2m $8.8m $11.0m $13.6m $34.8m
Deferred revenues, net of current portion $14.4m $13.9m $13.9m $15.4m $15.5m $25.8m
Total current liabilities $20.5m $33.2m $41.6m $39.4m $45.6m $89.5m
Total liabilities $69.4m $91.9m $154.8m $74.9m $80.2m $485.2m
Preferred stock, $0.001 par value, 10,000,000 shares authorized and 0 shares issued and outstanding as of December 31, 2025 and 2024 0 0 0 0 0 0
Common stock, $0.001 par value, 500,000,000 shares authorized and 106,101,875 and 102,088,783 shares issued and outstanding as of December 31, 2025 and 2024, respectively 90k 92k 97k 102k 106k
Additional paid-in capital $0 $658.4m $706.4m $760.2m $833.1m $885.8m
Accumulated deficit ($263.5m) ($313.9m) ($372.5m) ($435.4m) ($476.2m) ($523.9m)