Backblaze Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019
Net Income	-59.71	-51.4	-21.7	-6.62	-1
Depreciation & Amortization	27.26	22.61	16.32	12.95	9.32
Share-Based Compensation	25.18	17.05	5.63	1.88	1.39
Other Operating Activities	-0.08	-2.04	3.27	4.61	3.49
Operating Cash Flow	-7.35	-13.78	3.52	12.82	13.2
Operating Cash Flow Growth	-	-	-72.54%	-2.91%	-
Capital Expenditures	-19.86	-15.98	-11.19	-4.97	-3.23
Change in Investments	41.52	-57.87	0	0	0
Investing Cash Flow	21.66	-73.85	-11.19	-4.97	-3.23
Share Issuance / Repurchase	7.05	6.76	107.43	0.02	0
Debt Issued / Paid	-15.89	-12.19	2.16	-8.59	-7.73
Other Financing Activities	-	-0.79	-2.98	-0.18	-
Financing Cash Flow	-8.84	-6.21	106.61	-8.75	-7.73
Net Cash Flow	5.47	-93.85	98.94	-0.9	2.24
Free Cash Flow	-27.21	-29.76	-7.67	7.85	9.97
Free Cash Flow Growth	-	-	-	-21.31%	-
Free Cash Flow Margin	-26.67%	-34.95%	-11.37%	14.59%	24.47%
Free Cash Flow Per Share	-0.76	-0.94	-0.38	0.42	0.54

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).