Blaize Holdings, Inc.
For the period ended Mar 31, 2026. Filed May 14, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 14, 2026
BZAI$0.18-10.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations and Comprehensive Loss
(Amounts in thousands, except shares and per share amounts)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenue | ||
| Products: | ||
| Hardware revenue - related party | $2,167 | $— |
| Hardware revenue | 142 | 1,007 |
| Software revenue - related party | 418 | — |
| Services: | ||
| Strategic consulting services revenue - related party | 11 | — |
| Total revenue | 2,738 | 1,007 |
| Cost of revenue | 1,162 | 327 |
| Gross profit | 1,576 | 680 |
| Operating expenses | ||
| Research and development | 9,675 | 13,118 |
| Selling, general and administrative | 15,069 | 13,108 |
| Selling, general and administrative - related party | 34 | 241 |
| Depreciation | 186 | 191 |
| Transaction costs | — | 12,043 |
| Total operating expenses | 24,964 | 38,701 |
| Loss from operations | (23,388) | (38,021) |
| Other income (expense), net | ||
| Change in fair value of Legacy Blaize convertible notes and warrants | — | (226,048) |
| Change in fair value of other earnout shares | 558 | 116,518 |
| Change in fair value of Polar warrants | 469 | — |
| Other, net | (193) | (48) |
| Total other income (expense), net | 834 | (109,578) |
| Loss before income taxes | (22,554) | (147,599) |
| Provision for income taxes | 99 | 162 |
| Net loss | (22,653) | (147,761) |
| Change in foreign currency translation adjustments, net | 125 | — |
| Other comprehensive income | 125 | — |
| Comprehensive loss | $(22,528) | $(147,761) |
| Net loss per share - basic and diluted | $(0.19) | $(1.61) |
| Weighted average shares outstanding - basic and diluted | 122,382,195 | 91,747,685 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.