Backblaze, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & Equivalents | $29.2M | $45.8M | $12.5M | $6.7M | $104.8M | $6.1M |
| Accounts Receivable | $3.5M | $1.8M | $800.0K | $856.0K | $309.0K | $209.0K |
| Inventory | — | — | — | — | — | — |
| Total Current Assets | $65.7M | $65.7M | $38.5M | $74.4M | $111.1M | $9.2M |
| Property, Plant & Equipment | — | — | — | — | $43.1M | $38.7M |
| Goodwill | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — |
| Total Assets | $191.8M | $168.6M | $131.7M | $152.5M | $163.6M | $54.5M |
| Liabilities | ||||||
| Accounts Payable | $1.6M | $1.5M | $2.0M | $3.3M | $2.1M | $1.7M |
| Total Current Liabilities | $61.6M | $59.8M | $57.1M | $56.3M | $45.1M | $36.4M |
| Long-Term Debt | — | — | — | — | — | — |
| Total Liabilities | $108.6M | $90.9M | $86.7M | $83.7M | $68.1M | $58.5M |
| Stockholders' Equity | ||||||
| Retained Earnings | $-221.6M | $-196.0M | $-147.5M | $-87.7M | $-36.3M | $-14.6M |
| Total Stockholders' Equity | $83.2M | $77.6M | $44.9M | $68.7M | $95.5M | $-6.8M |