Company: BL
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050628
Chunk: 11

Company: BLACKLINE, INC.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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2 - Basis of Presentation, Significant Accounting 

12

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, all of which are presented in the unaudited condensed consolidated statements of operations for the quarters and nine months ended September 30, 2025 and 2024. During the quarter and nine months ended September 30, 2025, other significant expenses included depreciation expense of $8.1 million and $24.0 million, respectively, as well as amortization expense of $3.5 million and $10.6 million, respectively. During the quarter and nine months ended September 30, 2024, other significant expenses include depreciation expense of $7.7 million and $22.6 million, respectively, as well as amortization expense of $5.2 million and $15.6 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 September 30,Nine Months Ended September 30,2025202420252024United States$122,755 $116,897 $358,383 $341,140 International55,535 49,012 158,863 142,736 $178,290 $165,909 $517,246 $483,876 No countries outside the United States (“U.S.”) represented 10% or more of total revenues.The measure of segment assets is reported in the unaudited condensed consolidated balance sheets as total consolidated assets. The following table sets forth the Company’s long-lived assets, which consist of property and equipment, net, and operating lease right-of-use assets by geographic region (in thousands):September