Company: BL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001666134-25-000031
Chunk: 162

Company: BLACKLINE, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 162
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, additional paid-in capital.Activity in the redeemable non-controlling interest was as follows (in thousands):Quarter Ended June 30,Six Months Ended June 30,2025202420252024Balance at beginning of period$35,818 $33,900 $36,483 $30,063 Net income attributable to redeemable non-controlling interest (excluding adjustment to non-controlling interest)660 524 1,057 962 Foreign currency translation83 (101)199 (205)Adjustment to redeemable non-controlling interest(1,561)(2,255)(2,739)1,248 Balance at end of period$35,000 $32,068 $35,000 $32,068 

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Note 5 – Intangible Assets and Goodwill

The carrying value of intangible assets was as follows (in thousands):June 30, 2025Gross Carrying AmountAccumulated AmortizationNet Carrying AmountTrade name$15,977 $(15,977)$— Developed technology137,718 (86,720)50,998 Customer relationships26,779 (26,052)727 Defensive patent2,333 (1,656)677 $182,807 $(130,405)$52,402 December 31, 2024Gross Carrying AmountAccumulated AmortizationNet Carrying AmountTrade name$15,977 $(15,977)$— Developed technology137,718 (80,284)57,434 Customer relationships26,779 (25,528)1,251 Defensive patent2,333 (1,498)835 $182,807 $(123,287)$59,520 The following table represents the changes in goodwill (in thousands): Balance at December 31, 2024$448,965 Additions from acquisitions— Balance at June 30, 2025$448,965 

Note 6 – Balance Sheet Components

Investments in Marketable SecuritiesInvestments in marketable securities, which are presented within current assets in the unaudited condensed consolidated balance sheets, consisted of the following (in thousands):June 30, 2025AmortizedCostGrossUnrealizedGainsGrossUnrealizedLossesFair ValueMarketable securitiesU.S. treasury securities$236,288 $18 $(41)$236