| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Stock-based compensation | - | 18,606 |
| Net loss | - | -177,350 |
| Other | - | 43 |
| Noncash lease expense | - | 310 |
| Prepaid expenses and other current assets | - | -19,066 |
| Other liabilities | - | -336 |
| Other assets | - | 301 |
| Operating lease liabilities | - | -314 |
| Inventories | - | -327 |
| Income taxes payable | - | -280 |
| Accounts receivable, net | - | 1,255 |
| Accounts payable and accrued liabilities | - | -6,964 |
| Change in fair value of warrant liabilities | - | 60,345 |
| Depreciation and amortization | - | 647 |
| Deferred income taxes | - | -53 |
| Accrued loss on purchase commitments | - | 2 |
| Accrued compensation | - | 237 |
| Accounts receivable - related party, net | - | 1,841 |
| Change in fair value of unissued shares | - | -300 |
| Change in fair value of earnout share liabilities | - | 109,261 |
| Change in fair value of convertible notes | - | 165,703 |
| Net cash used in operating activities | -57,290 | -32,373 |
| Purchases of property and equipment | 707 | 681 |
| Net cash used in investing activities | -707 | -681 |
| Merger and pipe financing, net of transaction costs | 15,874 | 15,874 |
| Funds held in escrow | 503 | - |
| Payment of deferred offering costs | -4,332 | -4,332 |
| Repayment of advances from related party | 114 | 114 |
| Proceeds from issuance of common stock, net of financing charge on the committed equity facility | 20,024 | - |
| Payment of committed equity facility transaction costs | 200 | - |
| Proceeds from exercise of stock options | 18 | - |
| Net cash provided by financing activities | 31,773 | 11,428 |
| Net change in cash, cash equivalents and restricted cash | -26,224 | -21,626 |
| Cash and cash equivalents at beginning of period | 50,488 | - |
| Cash and cash equivalents at end of period | 24,264 | - |
Blaize Holdings, Inc. (BZAI)
Blaize Holdings, Inc. (BZAI)