Company: BL
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001666134-25-000016
Chunk: 4

Company: BLACKLINE, INC.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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,041)Provision for credit losses56 — Changes in operating assets and liabilities:Accounts receivable32,737 45,696 Prepaid expenses and other current assets(1,878)(1,964)Other assets(517)2,406 Accounts payable (3,590)(6,792)Accrued expenses and other current liabilities(6,631)(14,774)Deferred revenue(8,024)(11,830)Operating lease liabilities(1,510)(1,710)Lease incentive receipts30 — Other long-term liabilities2,000 15 Net cash provided by operating activities46,742 50,425 Cash flows from investing activitiesPurchases of marketable securities(384,923)(294,961)Proceeds from maturities of marketable securities— 322,700 Capitalized software development costs(8,167)(6,450)Purchases of property and equipment(5,951)(299)Net cash provided by (used in) investing activities(399,041)20,990 Cash flows from financing activitiesPrincipal payments under finance lease obligations(57)(258)Repurchases of common stock(45,451)— Proceeds from exercises of stock options2,136 314 Acquisition of common stock for tax withholding obligations(10,939)(10,981)Net cash used in financing activities(54,311)(10,925)Effect of foreign currency exchange rate changes on cash, cash equivalents, and restricted cash240 (212)Net increase (decrease) in cash, cash equivalents, and restricted cash(406,370)60,278 Cash, cash equivalents, and restricted cash, beginning of period886,147 271,363 Cash, cash equivalents, and restricted cash, end of period$479,777 $331,641 Reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheetsCash and cash equivalents at end of period$479,536 $331,401 Restricted cash included within other assets at end of period241 240 Total cash, cash equivalents, and restricted cash at end of period shown in the condensed consolidated statements of cash flows$479,777 $331,641 

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

8

BLACKLINE, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

SUPPLEMENTAL CASH FLO