Backblaze, Inc.
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 6, 2025
BLZE$7.990.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Changes in Stockholders’ Equity (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
(in thousands, except share data)
| Three Months Ended September 30, 2025 | |||||||
|---|---|---|---|---|---|---|---|
| Class A Common Stock · Treasury Stock · AdditionalPaid-inCapital · AccumulatedDeficit · Total | |||||||
| Shares · Amount · Shares · Amount | |||||||
| Balance as of June 30, 2025 | 56,462,752 | $6 | — | $— | $292,042 | $(212,406) | $79,642 |
| Net loss | — | — | — | — | — | (3,778) | (3,778) |
| Purchase of treasury stock | — | — | 142,069 | (1,185) | — | — | (1,185) |
| Issuance of common stock upon exercise of stock options | 622,416 | — | — | — | 2,819 | — | 2,819 |
| Issuance of common stock under the 2021 Equity Incentive Plan | 735,297 | — | — | — | (774) | — | (774) |
| Stock-based compensation | — | — | — | — | 6,105 | — | 6,105 |
| Balance as of September 30, 2025 | 57,820,465 | $6 | 142,069 | $(1,185) | $300,192 | $(216,184) | $82,829 |
| Three Months Ended September 30, 2024 | |||||
|---|---|---|---|---|---|
| Class A Common Stock · AdditionalPaid-inCapital · AccumulatedDeficit · Total | |||||
| Shares · Amount | |||||
| Balance as of June 30, 2024 | 42,886,281 | $4 | $213,949 | $(168,855) | $45,098 |
| Net loss | — | — | — | (12,753) | (12,753) |
| Issuance of common stock upon exercise of stock options | 440,938 | — | 1,337 | — | 1,337 |
| Issuance of common stock related to the 2021 Equity Incentive Plan | 937,954 | — | — | — | — |
| Stock-based compensation | — | — | 9,149 | — | 9,149 |
| Balance as of September 30, 2024 | 44,265,173 | $4 | $224,435 | $(181,608) | $42,831 |
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
(in thousands, except share data)
| Nine Months Ended September 30, 2025 | |||||||
|---|---|---|---|---|---|---|---|
| Class A Common Stock · Treasury Stock · AdditionalPaid-inCapital · AccumulatedDeficit · Total | |||||||
| Shares · Amount · Shares · Amount | |||||||
| Balance as of December 31, 2024 | 53,375,770 | $5 | — | $— | $273,602 | $(195,985) | $77,622 |
| Net loss | — | — | — | — | — | (20,199) | (20,199) |
| Purchase of treasury stock | — | — | 142,069 | (1,185) | — | — | (1,185) |
| Issuance of common stock upon exercise of stock options | 1,352,497 | — | — | — | 4,682 | — | 4,682 |
| Issuance of common stock related to the 2021 Equity Incentive Plan | 2,479,125 | 1 | — | — | (1,594) | — | (1,593) |
| Issuance of common stock related to the 2021 Employee Stock Purchase Plan | 311,502 | — | — | — | 1,388 | — | 1,388 |
| Issuance of restricted stock units related to bonus plans | 301,571 | — | — | — | 2,014 | — | 2,014 |
| Stock-based compensation | — | — | — | — | 20,100 | — | 20,100 |
| Balance as of September 30, 2025 | 57,820,465 | $6 | 142,069 | $(1,185) | $300,192 | $(216,184) | $82,829 |
| Nine Months Ended September 30, 2024 | |||||
|---|---|---|---|---|---|
| Class A Common Stock · AdditionalPaid-inCapital · AccumulatedDeficit · Total | |||||
| Shares · Amount | |||||
| Balance as of December 31, 2023 | 39,150,610 | $4 | $192,388 | $(147,454) | $44,938 |
| Net loss | — | — | — | (34,154) | (34,154) |
| Issuance of common stock upon exercise of stock options | 2,135,767 | — | 6,336 | — | 6,336 |
| Issuance of common stock related to the 2021 Equity Incentive Plan | 2,295,831 | — | — | — | — |
| Issuance of common stock related to the 2021 Employee Stock Purchase Plan | 386,517 | — | 1,359 | — | 1,359 |
| Issuance of restricted stock units related to bonus plans | 296,448 | — | 3,507 | — | 3,507 |
| Stock-based compensation | — | — | 20,845 | — | 20,845 |
| Balance as of September 30, 2024 | 44,265,173 | $4 | $224,435 | $(181,608) | $42,831 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.