| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 33,219 | 45,781 | 24,001 | 28,588 |
| Funds held in escrow | NaN | NaN | NaN | 503 |
| Accounts receivable, net | NaN | NaN | 10,218 | 1,310 |
| Accounts receivable, net of allowance for credit losses of 2,430 and 523, respectively-Nonrelated Party | 16,727 | 33,363 | NaN | NaN |
| Accounts receivable - related party, net | NaN | NaN | 3,363 | 1,841 |
| Accounts receivable, net of allowance for credit losses of 2,430 and 523, respectively-Related Party | 0 | 3,330 | NaN | NaN |
| Inventories, net | 9,012 | 10,130 | 8,782 | 8,234 |
| Prepaid expenses and other current assets-Nonrelated Party | NaN | 4,003 | NaN | NaN |
| Prepaid expenses and other current assets-Related Party | NaN | 0 | NaN | NaN |
| Prepaid expenses and other current assets | 6,423 | NaN | 8,418 | 6,937 |
| Total current assets | 65,381 | 96,607 | 54,782 | 47,413 |
| Property and equipment, net | 1,378 | 1,226 | 1,265 | 1,603 |
| Deferred income tax assets | 1,955 | 2,123 | 2,363 | 2,210 |
| Operating lease right-of-use assets | 1,307 | 1,516 | 1,692 | 1,463 |
| Other assets | 731 | 739 | 802 | 1,139 |
| Assets | 70,752 | 102,211 | 60,904 | 53,828 |
| Accounts payable-Nonrelated Party | 12,583 | 8,339 | NaN | NaN |
| Accounts payable-Related Party | 180 | 180 | NaN | NaN |
| Accrued trade payables | 1,571 | 22,838 | NaN | NaN |
| Accounts payable | NaN | NaN | 15,112 | 16,533 |
| Working capital loan - related party | NaN | NaN | 1,500 | 1,500 |
| Accrued expenses and other current liabilities | NaN | NaN | 10,537 | 13,417 |
| Advances from related party | NaN | NaN | 2,857 | 2,857 |
| Accrued expenses and other current liabilities - related party | NaN | NaN | 384 | NaN |
| Accrued loss on purchase commitments | NaN | NaN | 601 | 601 |
| Accrued compensation | NaN | NaN | 2,610 | 1,850 |
| Accrued expenses and other current liabilities | 7,252 | 6,700 | NaN | NaN |
| Income tax payable | NaN | NaN | 2,518 | 2,352 |
| Accrued expenses - related party | 0 | 331 | NaN | NaN |
| Operating lease liabilities - current | 596 | 644 | 678 | 502 |
| Working capital loan and advances from related party-Working Capital Loan | 1,500 | 1,500 | NaN | NaN |
| Working capital loan and advances from related party-Advances From Related Party | 2,857 | 2,857 | NaN | NaN |
| Legacy blaize convertible notes and warrants | NaN | 0 | NaN | NaN |
| Total current liabilities | 26,539 | 43,389 | 36,797 | 39,612 |
| Operating lease liabilities | 640 | 804 | 948 | 928 |
| Other earnout shares-Nonrelated Party | 6,353 | 6,745 | NaN | NaN |
| Other earnout shares-Related Party | 2,048 | 2,184 | NaN | NaN |
| Other earnout shares | NaN | NaN | 20,561 | NaN |
| Polar warrants | 8,344 | 8,813 | NaN | NaN |
| Earnout share liabilities | NaN | NaN | NaN | 16,764 |
| Other liabilities | 1,383 | 1,276 | 1,292 | 1,334 |
| Shareholder note receivable | NaN | NaN | NaN | 8,554 |
| Total liabilities | 45,307 | 63,211 | 59,598 | 58,638 |
| Common stock - 0.0001 par value 600,000,000 and 600,000,000 shares authorized as of march31, 2026 and december 31, 2025, respectively, and 122,746,757 and 122,043,966 shares issued and outstanding as of march31, 2026 and december 31, 2025, respectively | 12 | 12 | 11 | 10 |
| Additional paid-in capital | 684,116 | 675,143 | 634,154 | 610,335 |
| Accumulated other comprehensive income | 125 | NaN | NaN | NaN |
| Accumulated deficit | -658,808 | -636,155 | -632,859 | -606,601 |
| Total stockholders equity | 25,445 | 39,000 | 1,306 | -4,810 |
| Total liabilities and stockholders equity | 70,752 | 102,211 | 60,904 | 53,828 |
Blaize Holdings, Inc. (BZAI)
Blaize Holdings, Inc. (BZAI)