Backblaze Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	6.32	12.5	6.69	104.84	6.08	6.98
Short-Term Investments	21.84	16.8	58.73	-	-	0.03
Cash & Short-Term Investments	28.16	29.3	65.42	104.84	6.08	7
Cash Growth	-43.17%	-55.21%	-37.60%	1625.53%	-13.24%	-
Receivables	5.32	4.45	3.14	1.82	1.32	1.11
Prepaid Expenses	3.72	3.31	4.15	3.51	0.99	0.97
Other Current Assets	1.52	1.45	1.69	0.91	0.85	0
Total Current Assets	38.72	38.51	74.4	111.08	9.23	9.08
Property, Plant & Equipment	52.06	55.58	56.26	43.07	38.75	24.83
Other Intangible Assets	35.47	32.52	16.7	7.64	5.68	3.88
Other Long-Term Assets	5.65	5.07	5.1	1.79	0.81	0.84
Total Assets	131.89	131.69	152.46	163.58	54.47	38.63
Accounts Payable	1.44	2.28	3.28	2.08	1.71	1.55
Accrued Expenses	3.72	6.66	6.83	6.53	4.71	2.61
Short-Term Debt	0.6	0.89	1.55	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	0.63	-
Current Portion of Leases	19.16	20.37	20.66	13.65	11.32	8.23
Current Income Taxes Payable	-	-	-	-	0.01	0.02
Current Unearned Revenue	28.68	25.98	22.91	21.72	17.59	15.77
Other Current Liabilities	2.05	0.91	1.04	1.1	0.41	0.07
Total Current Liabilities	55.66	57.09	56.27	45.06	36.37	28.24
Long-Term Debt	4.68	4.13	4.31	-	1.64	-
Long-Term Leases	19.55	21.46	20.52	19.6	17.89	8.53
Long-Term Unearned Revenue	4.54	4.07	2.61	3.13	1.8	1.66
Other Long-Term Liabilities	-	-	-	0.3	0.82	-
Total Liabilities	84.43	86.75	83.71	68.1	58.53	38.44
Common Stock	0	0	0	0	0.01	0.01
Additional Paid-In Capital	205.96	192.39	156.49	131.83	7.79	5.68
Retained Earnings	-158.51	-147.45	-87.74	-36.34	-14.64	-8.28
Total Common Equity	47.45	44.94	68.75	95.49	-6.84	-2.59
Shareholders' Equity	47.45	44.94	68.75	95.49	-4.06	0.19
Total Liabilities & Equity	131.89	131.69	152.46	163.58	54.47	38.63
Total Debt	44	46.85	47.03	33.25	31.48	16.76
Net Cash (Debt)	-15.84	-17.55	18.39	71.6	-25.4	-9.76
Net Cash Growth	-	-	-74.31%	-	-	-
Net Cash Per Share	-0.52	-0.61	0.58	3.52	-1.37	-0.52
Filing Date Shares Outstanding	41.5	41.2	34.3	30.6	18.61	18.6
Total Common Shares Outstanding	41.47	39.15	33.39	30.38	18.61	18.6
Working Capital	-16.94	-18.57	18.13	66.02	-27.14	-19.16
Book Value Per Share	1.14	1.15	2.06	3.14	-0.37	-0.14
Tangible Book Value	11.99	12.42	52.04	87.85	-12.52	-6.47
Tangible Book Value Per Share	0.29	0.32	1.56	2.89	-0.67	-0.35
Machinery	55.89	122.48	104.95	85.19	67.94	47.44
Construction In Progress	1.25	1.37	3.64	-	2.36	0.28
Leasehold Improvements	1.11	1.11	1.27	0.96	0.88	0.45

Source: S&P Capital IQ. Standard template.