Company: BL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001666134-25-000031
Chunk: 168

Company: BLACKLINE, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 168
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 liability for the Fiscal 2025 restructuring program was included in accrued expenses and other current liabilities in the unaudited condensed consolidated balance sheets, and the following tables summarize the related activity for the quarter and six months ended June 30, 2025 (in thousands):Accrual balance at March 31, 2025$4,671 Restructuring charges1,044 Cash payments(4,133)Accrual balance at June 30, 2025$1,582 Accrual balance at December 31, 2024$— Restructuring charges 6,343 Cash payments(4,761)Accrual balance at June 30, 2025$1,582 

Note 10 – Stockholders’ Equity

Stock-based compensation expenseStock-based compensation expense was as follows (in thousands):Quarter Ended June 30,Six Months Ended June 30,2025202420252024Cost of revenues$3,621 $2,973 $6,422 $4,935 Sales and marketing6,900 6,629 12,944 12,423 Research and development4,451 3,499 7,801 6,350 General and administrative9,685 9,625 16,064 17,580 $24,657 $22,726 $43,231 $41,288 For the quarters ended June 30, 2025 and 2024, stock-based compensation capitalized as an asset was $1.3 million and $1.2 million, respectively.For the six months ended June 30, 2025 and 2024, stock-based compensation capitalized as an asset was $2.3 million and $2.1 million, respectively. Stock options - service-only vesting conditionsThe following table summarizes activity for awards that contain service-only vesting conditions (in thousands):Outstanding at December 31, 20241,237 Granted— Exercised(132)Forfeited/canceled(178)Outstanding at June 30, 2025927 

18

Restricted stock units - service-only vesting conditionsThe following table summarizes activity for restricted stock units that contain service-only vesting conditions (in thousands):Nonvested at December 31, 20242,811 Granted1,923 Vested(708)Forfeited/canceled(350)Nonvested at June