Backblaze . Quarterly Cash Flow Statements Chart
Quarterly
|
Annual
Backblaze . Quarterly Cash Flow Statements Table
Quarterly
|
Annual
| Unit: USD | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 |
|---|---|---|---|---|---|---|---|---|
| cash flows from operating activities | ||||||||
| net income | -16,055,000 | -14,337,000 | -17,113,000 | -14,493,000 | -12,800,000 | -11,575,000 | -12,530,000 | -9,605,000 |
| adjustments to reconcile net income to net cash from operating activities: | ||||||||
| accretion of discount on investment securities and investment income | ||||||||
| noncash lease expense on operating leases | 546,000 | 646,000 | 647,000 | 637,000 | 691,000 | 588,000 | 541,000 | |
| depreciation and amortization | 6,473,000 | 6,131,000 | 5,733,000 | 5,462,000 | 5,328,000 | 4,498,000 | 4,863,000 | 4,281,000 |
| stock-based compensation | 7,958,000 | 4,884,000 | 5,828,000 | 4,038,000 | 4,830,000 | 4,346,000 | 3,835,000 | 2,018,000 |
| (gain) loss on disposal of assets and other adjustments | -241,000 | 11,000 | -1,000 | |||||
| changes in operating assets and liabilities: | ||||||||
| accounts receivable | -1,165,000 | -37,000 | 67,000 | -136,000 | -329,000 | -150,000 | 68,000 | -194,000 |
| prepaid expenses and other current assets | -74,000 | 467,000 | 474,000 | -145,000 | -23,000 | -58,000 | -153,000 | -1,929,000 |
| other assets | -447,000 | 112,000 | 22,000 | 945,000 | 105,000 | -140,000 | 91,000 | -285,000 |
| accounts payable | -347,000 | -197,000 | -48,000 | 1,764,000 | 620,000 | -1,219,000 | 462,000 | 760,000 |
| accrued expenses and other current liabilities | 1,234,000 | -1,035,000 | -565,000 | -69,000 | -43,000 | -2,045,000 | 1,187,000 | 889,000 |
| deferred revenue | 1,438,000 | -698,000 | 957,000 | 35,000 | 116,000 | -393,000 | 912,000 | 359,000 |
| operating lease liabilities | -569,000 | -746,000 | -653,000 | -694,000 | -764,000 | -561,000 | -528,000 | |
| other long-term liabilities | 0 | 0 | -37,000 | -32,000 | -398,000 | |||
| net cash from operating activities | -170,000 | -5,237,000 | -5,191,000 | -3,139,000 | -2,450,000 | -7,292,000 | -900,000 | -2,444,000 |
| capex | -4,403,000 | -6,022,000 | -5,571,000 | -3,467,000 | -5,728,000 | -2,069,000 | -1,572,000 | -772,000 |
| free cash flows | -4,573,000 | -11,259,000 | -10,762,000 | -6,606,000 | -8,178,000 | -9,361,000 | -2,472,000 | -3,216,000 |
| cash flows from investing activities | ||||||||
| purchases of marketable securities | -9,758,000 | 0 | -9,734,000 | -32,612,000 | -20,592,000 | -12,885,000 | -79,782,000 | |
| maturities of marketable securities | 18,880,000 | 15,000,000 | 23,500,000 | 27,000,000 | 49,000,000 | |||
| proceeds from disposal of property and equipment | 241,000 | 1,000 | 0 | |||||
| purchases of property and equipment | -347,000 | -1,696,000 | -3,023,000 | -3,288,000 | -2,560,000 | -985,000 | -516,000 | -686,000 |
| capitalized internal-use software costs | -3,963,000 | -3,664,000 | -3,434,000 | |||||
| net cash from investing activities | 5,053,000 | 9,718,000 | 7,309,000 | -11,889,000 | 23,041,000 | -3,529,000 | -81,477,000 | -1,301,000 |
| cash flows from financing activities | ||||||||
| principal payments on finance leases and lease financing obligations | -5,144,000 | -4,622,000 | -5,112,000 | -4,390,000 | -3,807,000 | -3,405,000 | ||
| payments of deferred offering costs | 0 | 0 | 0 | -658,000 | -1,170,000 | |||
| proceeds from debt facility | 744,000 | 533,000 | 2,996,000 | 1,762,000 | ||||
| repayment of debt facility | ||||||||
| principal payments on insurance premium financing | -521,000 | -515,000 | -509,000 | |||||
| proceeds from lease financing obligations | ||||||||
| employee payroll taxes paid related to net settlement of equity awards | 0 | 0 | ||||||
| proceeds from exercises of stock options | 1,244,000 | 1,323,000 | 859,000 | 813,000 | 1,376,000 | 1,176,000 | 887,000 | 330,000 |
| proceeds from espp | 0 | |||||||
| net cash from financing activities | -3,677,000 | -2,110,000 | -1,766,000 | -1,333,000 | -471,000 | -1,232,000 | -3,176,000 | 104,073,000 |
| net increase in cash, restricted cash and restricted cash, non-current | 1,206,000 | 2,371,000 | 352,000 | |||||
| cash, restricted cash, current and restricted cash, non-current at beginning of period | ||||||||
| cash, cash equivalents, restricted cash, current and restricted cash, non-current at end of period | ||||||||
| supplemental disclosure of cash flow information: | ||||||||
| cash paid for interest | 936,000 | 898,000 | 918,000 | 938,000 | 950,000 | 940,000 | 948,000 | 948,000 |
| cash paid for income taxes | 0 | 56,000 | 2,000 | 5,000 | 0 | 0 | 26,000 | |
| cash paid for operating lease liabilities | 716,000 | 734,000 | 724,000 | 890,000 | 764,000 | 586,000 | 598,000 | |
| supplemental disclosure of non-cash investing and financing activities | ||||||||
| stock-based compensation included in capitalized internal-use software | 1,673,000 | 1,022,000 | 1,008,000 | |||||
| accrued bonus settled in restricted stock units | 0 | 0 | 1,848,000 | |||||
| accrued bonus classified as stock-based compensation | 1,657,000 | 339,000 | 590,000 | 673,000 | 550,000 | 493,000 | ||
| equipment acquired through finance lease and lease financing obligations | 3,290,000 | 5,682,000 | 3,023,000 | 1,357,000 | ||||
| accruals related to purchases of property and equipment | -93,000 | -662,000 | 886,000 | -179,000 | -361,000 | 574,000 | 124,000 | -86,000 |
| lease liabilities arising from right-of-use assets upon adoption of asc 842 | 0 | 0 | 0 | 5,220,000 | ||||
| assets obtained in exchange for operating lease obligations | 5,300,000 | 85,000 | 183,000 | |||||
| receivable recorded due to stock option exercises pending settlement | 9,000 | -125,000 | 154,000 | |||||
| reconciliation of cash and restricted cash | ||||||||
| cash and cash equivalents | 19,290,000 | |||||||
| restricted cash - included in prepaid expenses and other current assets | 0 | 169,000 | ||||||
| restricted cash, current | ||||||||
| restricted cash, non-current | 532,000 | 7,301,000 | 1,762,000 | |||||
| total cash, cash equivalents, restricted cash and restricted cash, non-current | ||||||||
| net accretion of discount on investment securities | -426,000 | -540,000 | -496,000 | -195,000 | -111,000 | -61,000 | ||
| cash and restricted cash at beginning of period | 0 | 11,165,000 | 0 | 0 | ||||
| cash, restricted cash and restricted cash, non-current at end of period | 2,371,000 | 11,517,000 | -16,361,000 | |||||
| cash | 1,839,000 | 4,047,000 | -18,123,000 | 17,576,000 | ||||
| restricted cash - included in other assets | 0 | 169,000 | ||||||
| total cash, restricted cash and restricted cash, non-current | 2,371,000 | 11,517,000 | ||||||
| cash disbursement concentration | ||||||||
| number of vendors | ||||||||
| total cash disbursements represented by vendors listed above | -2,000 | 22,000 | ||||||
| accounts payable concentration | ||||||||
| total accounts payable balance represented by vendors listed above | 12,000 | |||||||
| gain on disposal of assets and other adjustments | 13,000 | |||||||
| gain on extinguishment of paycheck protection program (“ppp”) loan | 0 | |||||||
| realized loss and interest expense on safe | ||||||||
| principal payments on finance lease and lease financing obligations | ||||||||
| proceeds from initial public offering, net of underwriting discounts and commissions and other offering costs | ||||||||
| proceeds from safe | 0 | |||||||
| proceeds from employee stock purchase plan | 982,000 | 0 | ||||||
| financed insurance premiums included in accrued expenses and other current liabilities | ||||||||
| proceeds from stock option exercises pending settlement | ||||||||
| settlement of safe notes | ||||||||
| extinguishment of ppp loan | 0 | |||||||
| reconciliation of cash, cash equivalents and restricted cash | ||||||||
| restricted cash – included in prepaid expenses and other current assets | ||||||||
| total cash, cash equivalents and restricted cash | 19,459,000 | |||||||
| gain on extinguishment of paycheck protection program ("ppp") loan | ||||||||
| unrealized loss on safe | ||||||||
| capitalized internally-developed software costs | -2,807,000 | -1,658,000 | -1,180,000 | |||||
| net decrease in cash, restricted cash and restricted cash, non-current | ||||||||
| stock-based compensation included in capitalized software | 803,000 | 622,000 | 383,000 | |||||
| consumption-based arrangements | 1,084,000 | |||||||
| subscription-based arrangements | 271,000 | |||||||
| physical media | 8,000 | |||||||
| total revenue | 1,363,000 | |||||||
| net decrease in cash and restricted cash | ||||||||
| cash and restricted cash at end of period | ||||||||
| equipment acquired through finance lease obligations | 7,144,000 | 4,451,000 | ||||||
| total cash and restricted cash | ||||||||
| accrued vat liability | 446,000 | 236,000 | ||||||
| net decrease in cash, cash equivalents and restricted cash | -85,553,000 | |||||||
| cash, cash equivalents and restricted cash at beginning of period | 105,012,000 | |||||||
| cash, cash equivalents and restricted cash at end of period | 19,459,000 | |||||||
| amortization of deferred contract costs | 204,000 | |||||||
| (gain) loss on disposal of assets and other | 13,000 | |||||||
| principal payments on capital lease and lease financing obligations | -3,438,000 | |||||||
| proceeds from ppp | ||||||||
| proceeds from lease financing | 1,401,000 | |||||||
| net increase in cash, cash equivalents and restricted cash | ||||||||
| stock-based compensation capitalized internal-use software | 162,000 | |||||||
| equipment acquired through capital lease obligations | 7,604,000 | |||||||
| net increase in cash and cash equivalents | ||||||||
| cash and cash equivalents at beginning of period | ||||||||
| cash and cash equivalents at end of period |
We provide you with 20 years of cash flow statements for Backblaze . stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as operating cash flows, cash levels, capital expenditures, profits, stock-based compensations and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Backblaze . stock. Explore the full financial landscape of Backblaze . stock with our expertly curated income statements.
The information provided in this report about Backblaze . stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.