Backblaze, Inc. (BLZE)

Backblaze Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	40.61	45.78	12.5	6.69	104.84	6.08
Short-Term Investments	12.63	9.14	16.8	58.73	-	-
Cash & Short-Term Investments	53.23	54.92	29.3	65.42	104.84	6.08
Cash Growth	89.03%	87.42%	-55.21%	-37.60%	1625.53%	-13.24%
Accounts Receivable	5.07	4.7	3.18	2.49	1.53	1.05
Other Receivables	-	1.35	1.28	0.64	0.29	0.27
Receivables	5.07	6.04	4.45	3.14	1.82	1.32
Prepaid Expenses	6.71	3.26	3.31	4.14	3.51	0.99
Other Current Assets	-	1.53	1.45	1.69	0.91	0.85
Total Current Assets	65.02	65.75	38.51	74.4	111.08	9.23
Property, Plant & Equipment	60.63	58.82	55.58	56.26	43.07	38.75
Other Intangible Assets	42.15	41.8	32.52	16.7	7.64	5.68
Other Long-Term Assets	2.37	2.19	5.07	5.1	1.79	0.81
Total Assets	170.16	168.56	131.69	152.46	163.58	54.47
Accounts Payable	1.5	1.46	1.97	3.28	2.08	1.71
Accrued Expenses	6.7	6.22	6.96	6.83	6.53	4.71
Short-Term Debt	-	-	0.89	1.55	-	-
Current Portion of Long-Term Debt	-	-	-	-	-	0.63
Current Portion of Leases	19.92	20.35	20.37	20.66	13.65	11.32
Current Income Taxes Payable	-	-	-	-	-	0.01
Current Unearned Revenue	31.36	30.41	25.98	22.91	21.72	17.59
Other Current Liabilities	-	1.37	0.91	1.04	1.1	0.41
Total Current Liabilities	59.48	59.8	57.09	56.27	45.06	36.37
Long-Term Debt	-	-	4.13	4.31	-	1.64
Long-Term Leases	27.93	25.99	21.46	20.52	19.6	17.89
Long-Term Unearned Revenue	5	5.15	4.07	2.61	3.13	1.8
Other Long-Term Liabilities	-	-	-	-	0.3	0.82
Total Liabilities	92.4	90.94	86.75	83.71	68.1	58.53
Common Stock	0.01	0.01	0	0	0	0.01
Additional Paid-In Capital	283.07	273.6	192.39	156.49	131.83	7.79
Retained Earnings	-205.31	-195.99	-147.45	-87.74	-36.34	-14.64
Total Common Equity	77.77	77.62	44.94	68.75	95.49	-6.84
Shareholders' Equity	77.77	77.62	44.94	68.75	95.49	-4.06
Total Liabilities & Equity	170.16	168.56	131.69	152.46	163.58	54.47
Total Debt	47.84	46.34	46.85	47.03	33.25	31.48
Net Cash (Debt)	5.39	8.58	-17.55	18.39	71.6	-25.4
Net Cash Growth	-	-	-	-74.31%	-	-
Net Cash Per Share	0.11	0.20	-0.49	0.58	3.52	-1.37
Filing Date Shares Outstanding	54.9	54.3	41.2	34.3	30.6	18.61
Total Common Shares Outstanding	54.87	53.38	39.15	33.39	30.38	18.61
Working Capital	5.54	5.95	-18.57	18.13	66.02	-27.14
Book Value Per Share	1.42	1.45	1.15	2.06	3.14	-0.37
Tangible Book Value	35.62	35.82	12.42	52.04	87.85	-12.52
Tangible Book Value Per Share	0.65	0.67	0.32	1.56	2.89	-0.67
Machinery	145.54	138.7	122.48	104.95	85.19	67.94
Construction In Progress	0.02	0.31	1.37	3.64	-	2.36
Leasehold Improvements	0.24	0.24	1.11	1.27	0.96	0.88

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q