Company: BL
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001666134-25-000003
Chunk: 115

Company: BLACKLINE, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 115
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 Operating expensesSales and marketing248,347 243,154 256,862 Research and development100,973 103,207 108,893 General and administrative121,795 71,530 80,155 Restructuring costs1,720 10,964 3,841 Total operating expenses472,835 428,855 449,751 Income (loss) from operations18,536 14,348 (56,198)Other income (expense)Interest income49,808 52,059 14,637 Interest expense(8,758)(5,898)(5,850)Gain on extinguishment of convertible senior notes65,112 — — Other income, net106,162 46,161 8,787 Income (loss) before income taxes124,698 60,509 (47,411)Provision for (benefit from) income taxes(43,067)1,450 (13,520)Net income (loss)167,765 59,059 (33,891)Net income (loss) attributable to redeemable non-controlling interest (Note 4)1,952 892 (369)Adjustment attributable to redeemable non-controlling interest (Note 4)4,639 5,334 (4,131)Net income (loss) attributable to BlackLine, Inc.$161,174 $52,833 $(29,391)Basic net income (loss) per share attributable to BlackLine, Inc.$2.59 $0.87 $(0.49)Shares used to calculate basic net income (loss) per share62,129 60,849 59,539 Diluted net income (loss) per share attributable to BlackLine, Inc.$1.45 $0.81 $(0.49)Shares used to calculate diluted net income (loss) per share73,503 72,045 59,539 

The accompanying notes are an integral part of these consolidated financial statements.

63

BLACKLINE, INC.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(in thousands)

Year Ended December 31,202420232022Net income (loss)$167,765 $59,059 $(33,891)Other comprehensive income (loss):Net change in unrealized gains (losses) on marketable securities, net of (provision for)