Accounts receivable, net of allowance for credit losses of 9,548 and 523, respectively-Nonrelated Party
13,860
16,727
33,363
-
Accounts receivable, net of allowance for credit losses of 9,548 and 523, respectively-Related Party
0
0
3,330
-
Accounts receivable, net
-
-
-
10,218
Accounts receivable - related party, net
-
-
-
3,363
Inventories, net
10,027
9,012
10,130
8,782
Prepaid expenses and other current assets-Nonrelated Party
-
-
4,003
-
Prepaid expenses and deposits
12,858
6,423
-
8,418
Prepaid expenses and other current assets-Related Party
-
-
0
-
Other current assets
392
-
-
-
Total current assets
73,984
65,381
96,607
54,782
Property and equipment, net
1,401
1,378
1,226
1,265
Deferred income tax assets
2,036
1,955
2,123
2,363
Operating lease right-of-use assets
-
1,307
1,516
1,692
Other assets
2,093
731
739
802
Assets
79,514
70,752
102,211
60,904
Accounts payable-Nonrelated Party
5,628
12,583
8,339
-
Accounts payable-Related Party
0
180
180
-
Accrued trade payables
1,528
1,571
22,838
-
Accounts payable
-
-
-
15,112
Accrued expenses and other current liabilities
-
-
-
10,537
Accrued expenses and other current liabilities - related party
-
-
-
384
Accrued loss on purchase commitments
-
-
-
601
Accrued compensation
-
-
-
2,610
Accrued expenses and other current liabilities
9,988
7,252
6,700
-
Income tax payable
-
-
-
2,518
Accrued expenses - related party
0
0
331
-
Operating lease liabilities - current
-
596
644
678
Working capital loan and advances from related party-Working Capital Loan
0
1,500
1,500
-
Working capital loan - related party
-
-
-
1,500
Working capital loan and advances from related party-Advances From Related Party
0
2,857
2,857
-
Advances from related party
-
-
-
2,857
Legacy blaize convertible notes and warrants
-
-
0
-
Unissued shares of common stock for related party settlement
2,760
-
-
-
Total current liabilities
19,904
26,539
43,389
36,797
Operating lease liabilities
-
640
804
948
Other earnout shares-Nonrelated Party
5,163
6,353
6,745
-
Other earnout shares-Related Party
1,664
2,048
2,184
-
Other earnout shares
-
-
-
20,561
Polar warrants
7,969
8,344
8,813
-
Other liabilities
2,024
1,383
1,276
1,292
Total liabilities
36,724
45,307
63,211
59,598
Common stock - 0.0001 par value 600,000,000 and 600,000,000 shares authorized as of june30, 2026 and december 31, 2025, respectively, and 142,778,075 and 122,043,966 shares issued and outstanding as of june30, 2026 and december 31, 2025, respectively
14
12
12
11
Additional paid-in capital
729,903
684,116
675,143
634,154
Accumulated other comprehensive income
490
125
-
-
Accumulated deficit
-687,617
-658,808
-636,155
-632,859
Total stockholders equity
42,790
25,445
39,000
1,306
Total liabilities and stockholders equity
79,514
70,752
102,211
60,904
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.
Time Plot
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