Company: BL
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001666134-25-000016
Chunk: 3

Company: BLACKLINE, INC.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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 Net income attributable to BlackLine, Inc., including adjustment to redeemable non-controlling interest— — 1,178 — 4,877 6,055 Balance at March 31, 202562,261$623 $461,570 $(178)$(44,112)$417,903 

Quarter Ended March 31, 2024Common StockAdditional Paid-in CapitalAccumulated Other Comprehensive Income (Loss)Accumulated DeficitTotalSharesAmountBalance at December 31, 202361,515$615 $474,863 $205 $(214,802)$260,881 Stock option exercises28 — 311 — — 311 Vesting of restricted stock units260 3 — — — 3 Acquisition of common stock for tax withholding obligations— — (10,981)— — (10,981)Stock-based compensation— — 19,485 — — 19,485 Other comprehensive loss— — — (694)— (694)Net income attributable to BlackLine, Inc., including adjustment to redeemable non-controlling interest— — (3,503)— 14,332 10,829 Balance at March 31, 202461,803$618 $480,175 $(489)$(200,470)$279,834 

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

7

BLACKLINE, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

(in thousands)Quarter Ended March 31,20252024Cash flows from operating activitiesNet income attributable to BlackLine, Inc.$6,055 $10,829 Net income and adjustment attributable to redeemable non-controlling interest (Note 4)(781)3,941 Net income5,274 14,770 Adjustments to reconcile net income to net cash provided by operating activities:Depreciation and amortization11,498 12,648 Amortization of debt issuance costs834 1,385 Stock-based compensation18,574 18,562 Noncash lease expense1,397 1,558 Accretion of purchase discounts on marketable securities, net(1,968)(8,542)Net foreign currency (gains) losses(227)38 Deferred income taxes(1,313)(1