Backblaze, Inc.

BLZESEC EDGAR

Services-Prepackaged Software(DE)CIK: 1462056

Concept	FY2025	FY2024	FY2023	FY2022	FY2021
Revenue from Contract with Customer, Excluding Assessed Tax	$102.0M	$102.0M	$85.2M	$67.5M	$53.8M
Cost of Revenue	$52.2M	$52.2M	$41.3M	$33.1M	$25.8M
Gross Profit	$49.9M	$49.9M	$43.9M	$34.3M	$28.0M
Research and Development Expense	$39.5M	$39.5M	$33.1M	$20.5M	$13.1M
Operating Expenses	$107.8M	$107.8M	$92.0M	$53.1M	$31.7M
Operating Income (Loss)	-$57.9M	-$57.9M	-$48.1M	-$18.8M	-$3.7M
Interest Expense	—	—	$4.3M	$3.7M

Concept	FY2025	FY2024	FY2023	FY2022	FY2021
Assets	$168.6M	$131.7M	$152.5M	$163.6M	$54.5M
Assets, Current	$65.7M	$38.5M	$74.4M	$111.1M	$9.2M
Cash and Cash Equivalents, at Carrying Value	$12.5M	$12.5M	$6.7M	$104.8M	$6.1M
Accounts Receivable, after Allowance for Credit Loss, Current	$1.8M	$800.0K	$856.0K	$309.0K	$209.0K
Liabilities	$90.9M	$86.7M	$83.7M	$68.1M	$58.5M
Liabilities, Current	$59.8M	$57.1M	$56.3M	$45.1M	$36.4M
Accounts Payable, Current	$1.5M	$2.0M	$3.3M	$2.1M

Concept	FY2025	FY2024	FY2023	FY2022	FY2021
Net Cash Provided by (Used in) Operating Activities	-$7.3M	-$7.3M	-$13.8M	$3.5M	$12.8M
Net Cash Provided by (Used in) Investing Activities	$21.7M	$21.7M	-$73.9M	-$11.2M	-$5.0M
Net Cash Provided by (Used in) Financing Activities	-$8.8M	-$8.8M	-$6.2M	$106.6M	-$8.7M
Payments to Acquire Property, Plant, and Equipment	$5.5M	$5.5M	$7.3M	$7.6M	$2.1M
Payments for Repurchase of Common Stock	$0.00	—	—	—	—

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