| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 38,255 | 41,566 | ||
| Total restricted cash | 419,185 | 870,248 | ||
| Accounts receivable, net of allowance of 6,196 and 5,228 at september30, 2025 and december31, 2024, respectively | 82,561 | 145,237 | ||
| Customer funds receivable | 3,996 | 5,696 | ||
| Prepaid expenses and other current assets | 94,838 | 91,222 | ||
| Total current assets | 638,835 | 1,153,969 | ||
| Property and equipment, net | 85,332 | 83,052 | ||
| Operating lease right-of-use assets | 4,931 | 5,266 | ||
| Software and content development costs, net | 154,074 | 153,604 | ||
| Goodwill | 1,056,656 | 1,057,927 | ||
| Intangible assets, net | 112,697 | 120,791 | ||
| Other assets | 51,916 | 54,784 | ||
| Total assets | 2,104,441 | 2,629,393 | ||
| Trade accounts payable | 48,761 | 42,664 | ||
| Accrued expenses and other current liabilities | 53,050 | 40,863 | ||
| Due to customers | 421,820 | 874,757 | ||
| Debt, current portion | 22,613 | 22,566 | ||
| Deferred revenue, current portion | 383,138 | 399,207 | ||
| Total current liabilities | 929,382 | 1,380,057 | ||
| Debt, net of current portion | 1,042,005 | 1,136,112 | ||
| Deferred tax liability | 9,246 | 9,773 | ||
| Deferred revenue, net of current portion | 1,773 | 2,179 | ||
| Operating lease liabilities, net of current portion | 5,030 | 5,526 | ||
| Other liabilities | 8,816 | 7,796 | ||
| Total liabilities | 1,996,252 | 2,541,443 | ||
| Preferred stock 20,000,000 shares authorized, none outstanding | 0 | 0 | ||
| Common stock, 0.001 par value 180,000,000 shares authorized, 72,295,494 and 70,943,373 shares issued at september30, 2025 and december31, 2024, respectively 48,057,972 and 49,245,588 shares outstanding at september30, 2025 and december31, 2024, respectively | 72 | 72 | ||
| Additional paid-in capital | 1,369,807 | 1,347,234 | ||
| Treasury stock, at cost 24,237,522 and 21,697,785 shares at september30, 2025 and december31, 2024, respectively | 1,231,316 | 1,199,608 | ||
| Accumulated other comprehensive loss | -9,198 | -6,292 | ||
| Retained earnings | -21,176 | -53,456 | ||
| Total stockholders' equity | 108,189 | 87,950 | ||
| Total liabilities and stockholders' equity | 2,104,441 | 2,629,393 | ||
BLACKBAUD INC (BLKB)
BLACKBAUD INC (BLKB)