Company: BL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001666134-25-000031
Chunk: 163

Company: BLACKLINE, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 163
---
,265 Commercial paper162,012 — — 162,012 $398,300 $18 $(41)$398,277 The Company had no marketable securities at December 31, 2024.The Company’s marketable securities at June 30, 2025 have a contractual maturity of less than one year. All of the Company’s available-for-sale securities are available for use in current operations and are categorized as current assets. Refer to “Note 7 - Fair Value Measurements” for additional information. The Company recognized accretion on its marketable securities of $3.4 million and $5.4 million in interest income for the quarter and six months ended June 30, 2025, respectively. The Company recognized accretion on its marketable securities in interest income, and also recognized net gains and losses related to maturities of marketable securities that were reclassified from accumulated other comprehensive loss in interest income of $6.7 million and $15.3 million for the quarter and six months ended June 30, 2024, respectively.Net gains and losses are determined using the specific identification method. During the quarter and six months ended June 30, 2025, the Company had no sales of marketable securities, and therefore, no related realized gains or losses were recognized in the unaudited condensed consolidated statements of operations. During 

14

the quarter and six months ended June 30, 2024, there were nominal realized gains and losses related to sales of marketable securities recognized in the Company's unaudited condensed consolidated statements of operations. Marketable securities in a continuous loss position for less than 12 months had an estimated fair value of $150.5 million at June 30, 2025, and unrealized losses were nominal at June 30, 2025. There were no marketable securities in a continuous loss position for greater than 12 months at June 30, 2025.The Company's marketable securities are considered to be of high credit quality and accordingly, there was no allowance for credit losses related to marketable securities at June 30, 2025.Other AssetsDeferred customer contract acquisition costs are included in other assets in the unaudited condensed consolidated balance sheets and totaled $87.2 million and $86.1 million at June 30, 2025 and December 31, 2024, respectively.Accrued Expenses and Other Current LiabilitiesAccrued expenses and other