For the quarter ending 2025-09-30, BLND has $189,566K in assets. $47,252K in debts. $55,021K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 55,021 | 36,499 | ||
| Marketable securities and other investments | 22,234 | 51,801 | ||
| Trade and other receivables, net of allowance for credit losses of 112 and 50, respectively | 12,201 | 14,962 | ||
| Prepaid expenses and other current assets | 20,105 | 17,128 | ||
| Current assets held for sale from discontinued operations | 6,427 | 6,440 | ||
| Total current assets | 115,988 | 126,830 | ||
| Property and equipment, net | 22,978 | 21,179 | ||
| Operating lease right-of-use assets | 1,573 | 1,780 | ||
| Intangible assets, net | 69 | 73 | ||
| Deferred contract costs | 3,136 | 3,399 | ||
| Other non-current assets | 42,559 | 25,938 | ||
| Non-current assets held for sale from discontinued operations | 3,263 | 3,873 | ||
| Total assets | 189,566 | 183,072 | ||
| Accounts payable | 772 | - | ||
| Accrued compensation | 4,596 | - | ||
| Current liabilities held for sale from discontinued operations | 5,744 | - | ||
| Deferred revenue | 25,325 | - | ||
| Other current liabilities | 9,235 | - | ||
| Total current liabilities | 45,672 | - | ||
| Non-current liabilities held for sale from discontinued operations | 160 | - | ||
| Other non-current liabilities | 1,420 | - | ||
| Total liabilities | 47,252 | - | ||
| Redeemable noncontrolling interest - held for sale from discontinued operations | 0 | - | ||
| Redeemable Convertible Preferred Stock | 154,799 | - | ||
| Series a redeemable convertible preferred stock, par value 0.00001 per share 200,000 shares authorized as of september30, 2025 and december31, 2024, 150 shares issued and outstanding as of september30, 2025 and december31, 2024, respectively (note 10) | 154,799 | - | ||
| Common stock | 2 | - | ||
| Additional paid-in capital | 1,375,276 | - | ||
| Accumulated other comprehensive loss | 555 | - | ||
| Accumulated deficit | -1,388,318 | - | ||
| Total stockholders equity | -12,485 | - | ||
| Total liabilities, redeemable equity and stockholders equity | 189,566 | 183,072 | ||
Blend Labs, Inc. (BLND)
Blend Labs, Inc. (BLND)