Company: BL
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050628
Chunk: 5

Company: BLACKLINE, INC.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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 stock through employee stock purchase plan95 1 4,248 — — 4,249 Acquisition of common stock for tax withholding obligations— — (13,604)— — (13,604)Stock-based compensation— — 67,238 — — 67,238 Purchase of capped calls— — (59,738)— — (59,738)Other comprehensive loss— — — (323)— (323)Net income attributable to BlackLine, Inc., including adjustment to redeemable non-controlling interest— — 1,741 — 103,016 104,757 Balance at September 30, 202462,438$624 $479,191 $(118)$(111,786)$367,911 

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

8

BLACKLINE, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

(in thousands)Nine Months Ended September 30,20252024Cash flows from operating activitiesNet income attributable to BlackLine, Inc.$19,632 $104,757 Net income and adjustment attributable to redeemable non-controlling interest (Note 4)1,644 (459)Net income21,276 104,298 Adjustments to reconcile net income to net cash provided by operating activities:Depreciation and amortization34,623 38,225 Amortization of debt issuance costs2,535 3,637 Stock-based compensation66,625 63,911 Gain on extinguishment of convertible senior notes— (65,112)Noncash lease expense4,083 4,610 Accretion of purchase discounts on marketable securities, net(8,504)(18,115)Net foreign currency losses753 360 Deferred income taxes8,758 (1,479)Provision for credit losses101 14 Changes in operating assets and liabilities:Accounts receivable24,086 35,765 Prepaid expenses and other current assets4,406 4,351 Other assets(1,226)2,207 Accounts payable 1,222 (5,456)Accrued expenses and other current liabilities3,145 3,119 Deferred revenue(14,327)(18,851)Operating lease liabilities(4,592)(4,400)Le