BLACKLINE INC
For the period ended Mar 31, 2024. Filed May 8, 2024.
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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.
Mar 31, 2024 · Filed May 8, 2024
BL$27.33+1.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Balance Sheets at and December 31,
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(in thousands, except shares and par values)
| March 31,2024 | December 31,2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $331,401 | $271,117 |
| Marketable securities (amortized cost of $913,653 and $932,850 at March 31, 2024 and December 31, 2023, respectively) | 913,453 | 933,355 |
| Accounts receivable, net of allowances of $4,308 and $5,064 at March 31, 2024 and December 31, 2023, respectively | 125,613 | 171,608 |
| Prepaid expenses and other current assets | 33,189 | 31,244 |
| Total current assets | 1,403,656 | 1,407,324 |
| Capitalized software development costs, net | 38,982 | 37,828 |
| Property and equipment, net | 13,065 | 14,867 |
| Intangible assets, net | 73,860 | 79,056 |
| Goodwill | 448,965 | 448,965 |
| Operating lease right-of-use assets | 19,196 | 19,173 |
| Other assets | 91,161 | 93,552 |
| Total assets | $2,088,885 | $2,100,765 |
| LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST, AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $1,556 | $8,623 |
| Accrued expenses and other current liabilities | 47,133 | 59,690 |
| Deferred revenue, current | 306,855 | 320,133 |
| Finance lease liabilities, current | 525 | 778 |
| Operating lease liabilities, current | 4,233 | 4,108 |
| Convertible senior notes, net, current | 249,560 | 249,233 |
| Total current liabilities | 609,862 | 642,565 |
| Finance lease liabilities, noncurrent | — | 4 |
| Operating lease liabilities, noncurrent | 15,360 | 15,738 |
| Convertible senior notes, net, noncurrent | 1,141,666 | 1,140,608 |
| Deferred tax liabilities, net | 5,251 | 6,394 |
| Deferred revenue, noncurrent | 2,352 | 904 |
| Other long-term liabilities | 660 | 3,608 |
| Total liabilities | 1,775,151 | 1,809,821 |
| Commitments and contingencies (Note 12) | ||
| Redeemable non-controlling interest (Note 3) | 33,900 | 30,063 |
| Stockholders' equity: | ||
| Common stock, $0.01 par value, 500,000,000 shares authorized, 61,802,503 and 61,515,105 issued and outstanding at March 31, 2024 and December 31, 2023, respectively | 618 | 615 |
| Additional paid-in capital | 480,175 | 474,863 |
| Accumulated other comprehensive income (loss) | (489) | 205 |
| Accumulated deficit | (200,470) | (214,802) |
| Total stockholders' equity | 279,834 | 260,881 |
| Total liabilities, redeemable non-controlling interest, and stockholders' equity | $2,088,885 | $2,100,765 |
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