Company: BL
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050628
Chunk: 173

Company: BLACKLINE, INC.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 173
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19,995 19,168 Research and development4,195 3,605 11,996 9,955 General and administrative8,725 9,470 24,789 27,050 $23,394 $22,623 $66,625 $63,911 For the quarters ended September 30, 2025 and 2024, stock-based compensation capitalized as an asset was $1.3 million and $1.2 million, respectively.For the nine months ended September 30, 2025 and 2024, stock-based compensation capitalized as an asset was $3.5 million and $3.3 million, respectively. Stock options - service-only vesting conditionsThe following table summarizes activity for awards that contain service-only vesting conditions (in thousands):

18

Outstanding at December 31, 20241,237 Granted— Exercised(250)Forfeited/canceled(233)Outstanding at September 30, 2025754 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 Granted2,066 Vested(930)Forfeited/canceled(432)Nonvested at September 30, 20253,515 Restricted stock units - performance and service conditionsThe following table summarizes activity for restricted stock units with performance and service vesting conditions with grant dates established (in thousands):Nonvested at December 31, 2024198 Granted248 Performance adjustment(97)Vested(101)Forfeited/canceled(30)Nonvested at September 30, 2025218The following table summarizes activity for restricted stock units with performance and service vesting conditions with no grant dates established (in thousands):Nonvested at December 31, 2024244 Granted (legal grant with no grant date established)154 Granted (accounting grant date established)(171)Forfeited/canceled(11)Nonvested at September 30, 2025216 Restricted stock units - market and service conditionsThe following table summarizes activity for restricted stock units with market and service-based conditions (in thousands):Nonvested at December 31, 2024202 Granted208 Vested— Forfeited/canceled(33)Nonvested at September 30,