Company: BL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001666134-25-000031
Chunk: 160

Company: BLACKLINE, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 160
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2025-05 to have a material impact on the Company’s consolidated financial statements. The Company does not intend to early adopt.

Note 3 – Segment Information

Management has determined that the Company has one operating and reportable segment. The Company provides subscription and support services that consist of a cloud-based platform designed to unify, automate, and streamline accounting and finance operations, and also provides professional services that consist of implementation and consulting services. The technology used in the subscription and support services is based on a single software platform that is deployed to and implemented by customers. The Company manages the business activities on a consolidated basis, and operating segments have not been aggregated. The accounting policies for the operating segment are consistent with those discussed in “Note 2 - Basis of Presentation, Significant Accounting Policies, and Recently-Issued Accounting Pronouncements” in the Annual Report on Form 10-K for the fiscal year ended December 31, 2024.The Company’s Chief Operating Decision Maker (“CODM”) assesses performance for the operating segment and decides how to allocate resources based on the review of net income. The CODM uses net income, among other measures, for budgeting and resource allocation purposes. Expenses significant to the segment were determined to be cost of revenues, sales and marketing expenses, research and development expenses, general and administrative expenses, interest expense, and the provision for income taxes, which are all presented in the unaudited condensed consolidated statements of operations for the quarters and six months ended June 30, 2025 and 2024. During the quarter and six months ended June 30, 2025, other significant expenses included depreciation 

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expense of $8.0 million and $15.9 million, respectively, as well as amortization expense of $3.5 million and $7.1 million, respectively. During the quarter and six months ended June 30, 2024, other significant expenses include depreciation expense of $7.5 million and $14.9 million, respectively, as well as amortization expense of $5.2 million and $10.4 million, respectively.The Company’s intra-entity sales are eliminated upon consolidation.The Company disaggregates its revenue from contracts with customers by geographic location, as it believes it best depicts how the nature, amount, timing, and uncertainty of its revenues and cash flows are affected by economic factors.The following table sets forth the Company’s revenues by geographic region (in thousands):Quarter Ended June 30,Six Months Ended June