Backblaze, Inc. financial data

Symbol
BLZE on Nasdaq
Industry
Services-Prepackaged Software
Location
201 Baldwin Avenue, San Mateo, CA
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 68.1 % -44.1%
Debt-to-equity 185 % +46.9%
Return On Equity -107 % -18.9%
Return On Assets -37.8 % +5.69%
Operating Margin -41.2 % +32%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 42.9M shares +18.8%
Entity Public Float 98.2M USD +46.6%
Weighted Average Number of Shares Outstanding, Basic 42.2M shares +19.9%
Weighted Average Number of Shares Outstanding, Diluted 42.2M shares +19.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 115M USD +24%
Cost of Revenue 55.4M USD +17.9%
Research and Development Expense 38.4M USD +3.17%
Selling and Marketing Expense 41.8M USD +6.12%
General and Administrative Expense 27.1M USD +5.98%
Operating Income (Loss) -47.5M USD +15.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -49.7M USD +15.4%
Income Tax Expense (Benefit) 6K USD -80%
Net Income (Loss) Attributable to Parent -49.7M USD +15.5%
Earnings Per Share, Basic -1.27 USD/shares +27.4%
Earnings Per Share, Diluted -1.27 USD/shares +27.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 9.27M USD +57.5%
Accounts Receivable, after Allowance for Credit Loss, Current 1.81M USD +120%
Assets, Current 33.7M USD -24.6%
Operating Lease, Right-of-Use Asset 8.96M USD +58%
Other Assets, Noncurrent 1.05M USD +117%
Assets 128M USD -5.04%
Accounts Payable, Current 1.15M USD -53.3%
Employee-related Liabilities, Current 2.02M USD -13.3%
Accrued Liabilities, Current 1.22M USD +11.8%
Contract with Customer, Liability, Current 29.4M USD +26.7%
Liabilities, Current 55.1M USD +7.87%
Contract with Customer, Liability, Noncurrent 4.61M USD +80.4%
Operating Lease, Liability, Noncurrent 7.57M USD +73.7%
Liabilities 82.7M USD +2.87%
Retained Earnings (Accumulated Deficit) -169M USD -41.7%
Stockholders' Equity Attributable to Parent 45.1M USD -16.8%
Liabilities and Equity 128M USD -5.04%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 3.42M USD
Net Cash Provided by (Used in) Financing Activities -264K USD +85.1%
Net Cash Provided by (Used in) Investing Activities -8.78M USD -220%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -5.63M USD -1699%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 14M USD +0.48%
Interest Paid, Excluding Capitalized Interest, Operating Activities 944K USD +2.83%
Deferred Tax Assets, Valuation Allowance 44.6M USD +64.9%
Deferred Tax Assets, Gross 56.1M USD +72.4%
Operating Lease, Liability 9.24M USD +61.2%
Depreciation 22M USD +10.6%
Payments to Acquire Property, Plant, and Equipment 423K USD -86%
Lessee, Operating Lease, Liability, to be Paid 11M USD +60.1%
Operating Lease, Liability, Current 1.67M USD +21.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.06M USD +143%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.05M USD +61.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +16.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.76M USD +54.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.12M USD +144%
Deferred Tax Assets, Operating Loss Carryforwards 23.1M USD +52.5%
Unrecognized Tax Benefits 1.89M USD +52.5%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.07M USD +132%
Operating Lease, Payments 621K USD -14.2%
Additional Paid in Capital 214M USD +23.4%
Depreciation, Depletion and Amortization 6.91M USD +20.6%
Deferred Tax Assets, Net of Valuation Allowance 11.5M USD +110%
Share-based Payment Arrangement, Expense 25.5M USD +30.3%
Interest Expense 3.79M USD -11.1%