Company: BL
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050628
Chunk: 6

Company: BLACKLINE, INC.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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ase incentive receipts30 — Other long-term liabilities(107)(42)Net cash provided by operating activities142,887 147,042 Cash flows from investing activitiesPurchases of marketable securities(607,614)(396,104)Proceeds from maturities of marketable securities232,000 901,997 Proceeds from sales of marketable securities— 324,098 Capitalized software development costs(20,420)(18,201)Purchases of property and equipment(7,451)(1,370)Net cash provided by (used in) investing activities(403,485)810,420 Cash flows from financing activitiesProceeds from issuance of convertible senior notes, net of issuance costs— 661,979 Partial repurchase of convertible senior notes— (848,519)Repayment of convertible senior notes— (250,000)Purchase of capped calls related to convertible senior notes— (59,738)Principal payments under finance lease obligations(63)(771)Repurchases of common stock(200,727)— Proceeds from exercises of stock options5,151 3,038 Proceeds from employee stock purchase plan4,592 4,249 Acquisition of common stock for tax withholding obligations(14,865)(13,604)Net cash used in financing activities(205,912)(503,366)Effect of foreign currency exchange rate changes on cash, cash equivalents, and restricted cash263 56 Net increase (decrease) in cash, cash equivalents, and restricted cash(466,247)454,152 Cash, cash equivalents, and restricted cash, beginning of period886,147 271,363 Cash, cash equivalents, and restricted cash, end of period$419,900 $725,515 Reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheetsCash and cash equivalents at end of period$419,900 $725,266 Restricted cash included within other assets at end of period— 249 Total cash, cash equivalents, and restricted cash at end of period shown in the condensed consolidated statements of cash flows$419,900 $725,515 

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

9

BLACKLINE, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

SUPPLEMENTAL CASH FLOWS DISCLOSURE

(in thousands)

Nine Months Ended