Company: BL
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001666134-25-000016
Chunk: 154

Company: BLACKLINE, INC.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 8
Chunk 154
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 the changes in goodwill (in thousands): Balance at December 31, 2024$448,965 Additions from acquisitions— Balance at March 31, 2025$448,965 

Note 6 – Balance Sheet Components

Investments in Marketable SecuritiesAt March 31, 2025, investments in marketable securities presented within current assets on the unaudited condensed consolidated balance sheets consisted of the following (in thousands):March 31, 2025AmortizedCostGrossUnrealizedGainsGrossUnrealizedLossesFair ValueMarketable securitiesU.S. treasury securities$254,692 $63 $(8)$254,747 Commercial paper132,198 — — 132,198 $386,890 $63 $(8)$386,945 The Company had no marketable securities at December 31, 2024.The Company’s marketable securities at March 31, 2025 have a contractual maturity of less than one year. All of our available-for-sale securities are available for use in our 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 $2.0 million in interest income for the quarter ended March 31, 2025. 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 $8.5 million for the quarter ended March 31, 2024.Net gains and losses are determined using the specific identification method. During the quarters ended March 31, 2025 and 2024, there were no realized gains and losses related to sales of marketable securities recognized in the Company's unaudited condensed consolidated statements of operations. 

13

Marketable securities in a continuous loss position for less than 12 months had an estimated fair value of $87.2 million at March 31, 2025, and unrealized losses were nominal at March 31, 2025. There were no marketable securities in a continuous loss position for greater than 12 months at March 31, 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 March 31, 2025.Other