Company: BL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001666134-25-000031
Chunk: 19

Company: BLACKLINE, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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 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 30, 20253,676 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 June 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 June 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 June 30, 2025377Common Stock Repurchases

On November 17, 2024, the Company's Board of Directors authorized the repurchase of up to $200.0 million of the Company’s common stock. The Company repurchased and retired approximately 0.8 million shares of common stock for $43.3 million during the quarter ended June 30,