Company: BL
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001666134-25-000003
Chunk: 114

Company: BLACKLINE, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 114
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OLDERS' EQUITYCurrent liabilities:Accounts payable$8,463 $8,623 Accrued expenses and other current liabilities71,574 59,690 Deferred revenue, current338,615 320,133 Finance lease liabilities, current66 778 Operating lease liabilities, current3,525 4,108 Convertible senior notes, net, current— 249,233 Total current liabilities422,243 642,565 Finance lease liabilities, noncurrent53 4 Operating lease liabilities, noncurrent20,283 15,738 Convertible senior notes, net, noncurrent892,675 1,140,608 Deferred tax liabilities, net4,532 6,394 Deferred revenue, noncurrent1,390 904 Other long-term liabilities708 3,608 Total liabilities1,341,884 1,809,821 Commitments and contingencies (Note 17)Redeemable non-controlling interest (Note 4)36,483 30,063 Stockholders' equity:Common stock, $0.01 par value, 500,000,000 shares authorized, 62,813,352 and 61,515,105 issued and outstanding at December 31, 2024 and 2023, respectively628 615 Additional paid-in capital495,391 474,863 Accumulated other comprehensive income (loss)(361)205 Accumulated deficit(48,989)(214,802)Total stockholders' equity446,669 260,881 Total liabilities, redeemable non-controlling interest, and stockholders' equity$1,825,036 $2,100,765 

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

62

BLACKLINE, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except per share data)

Year Ended December 31,202420232022RevenuesSubscription and support$619,287 $555,516 $491,187 Professional services34,049 34,480 31,751 Total revenues653,336 589,996 522,938 Cost of revenuesSubscription and support135,308 121,308 102,132 Professional services26,657 25,485 27,253 Total cost of revenues161,965 146,793 129,385 Gross profit491,371 443,203 393,553