Blaize Holdings, Inc.
For the period ended Jun 30, 2026. Filed Aug 13, 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.
Jun 30, 2026 · Filed Aug 13, 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
Consolidated Statements of Changes in Stockholders’ Equity
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
(Amounts in thousands, except shares)
| Stockholders’ Equity | ||||||
|---|---|---|---|---|---|---|
| Common Stock · Additional Paid-in Capital · Accumulated Other Comprehensive Income · Accumulated Deficit · Total Stockholders’ Equity | ||||||
| Shares · Amount | ||||||
| Balance as of April 1, 2026 | 122,746,757 | $12 | $684,108 | $125 | $(658,808) | $25,437 |
| Exercise of stock options | 681,481 | — | 401 | — | — | 401 |
| Release of restricted stock units | 457,908 | — | — | — | — | — |
| Withholding taxes on release of restricted stock units | (26,989) | — | (47) | — | — | (47) |
| Issuance of common stock in public offering, net of expenses | 18,918,918 | 2 | 32,572 | — | — | 32,574 |
| Release of related party liabilities - non-cash | — | — | 4,180 | — | — | 4,180 |
| Stock-based compensation | — | — | 8,689 | — | — | 8,689 |
| Change in foreign currency translation adjustments, net | — | — | — | 365 | — | 365 |
| Net loss | — | — | — | — | (28,809) | (28,809) |
| Balance as of June 30, 2026 | 142,778,075 | $14 | $729,903 | $490 | $(687,617) | $42,790 |
| Common Stock Subject to Possible Redemption · Stockholders’ Equity (Deficit) | |||||||
|---|---|---|---|---|---|---|---|
| Common Stock · Additional Paid-in Capital · Accumulated Deficit · Total Stockholders’ Equity (Deficit) | |||||||
| Shares · Amount · Shares · Amount | |||||||
| Balance as of April 1, 2025 | 2,854,242 | $33,061 | 98,818,874 | $10 | $593,712 | $(577,012) | $16,710 |
| Issuance of common stock to advisors | — | — | 9,306 | — | — | — | — |
| Increase in redemption value | — | 603 | — | — | — | — | — |
| Redemption of common stock subject to possible redemption | (2,800,489) | (33,157) | — | — | — | — | — |
| Lapse of redemption | (53,753) | (507) | 53,753 | — | 503 | — | 503 |
| Stock-based compensation | — | — | — | — | 7,566 | — | 7,566 |
| Net loss | — | — | — | — | — | (29,589) | (29,589) |
| Balance as of June 30, 2025 | — | $— | 98,881,933 | $10 | $601,781 | $(606,601) | $(4,810) |
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
(Amounts in thousands, except shares)
| Stockholders’ Equity | ||||||
|---|---|---|---|---|---|---|
| Common Stock · Additional Paid-in Capital · Accumulated Other Comprehensive Income · Accumulated Deficit · Total Stockholders’ Equity | ||||||
| Shares · Amount | ||||||
| Balance as of January 1, 2026 | 122,043,966 | $12 | $675,143 | $— | $(636,155) | $39,000 |
| Exercise of stock options | 730,683 | — | 447 | — | — | 447 |
| Release of restricted stock units | 1,111,497 | — | — | — | — | — |
| Withholding taxes on release of restricted stock units | (26,989) | — | (47) | — | — | (47) |
| Reclassification of earnout awards to liability | — | — | (29) | — | — | (29) |
| Issuance of common stock in public offering, net of expenses | 18,918,918 | 2 | 32,572 | — | — | 32,574 |
| Release of related party liabilities - non-cash | — | — | 4,180 | — | — | 4,180 |
| Stock-based compensation | — | — | 17,637 | — | — | 17,637 |
| Change in foreign currency translation adjustments, net | — | — | — | 490 | — | 490 |
| Net loss | — | — | — | — | (51,462) | (51,462) |
| Balance as of June 30, 2026 | 142,778,075 | $14 | $729,903 | $490 | $(687,617) | $42,790 |
| Common Stock Subject to Possible Redemption · Stockholders’ Deficit | |||||||
|---|---|---|---|---|---|---|---|
| Common Stock · Additional Paid-in Capital · Accumulated Deficit · Total Stockholders’ Deficit | |||||||
| Shares · Amount · Shares · Amount | |||||||
| Balance as of January 1, 2025 | — | $— | 48,376,052 | $5 | $318,783 | $(429,251) | $(110,463) |
| Conversion of Legacy Blaize convertible notes | — | — | 31,433,259 | 3 | 314,331 | — | 314,334 |
| Net exercise of Legacy Blaize warrants | — | — | 7,505,657 | 1 | 75,056 | — | 75,057 |
| Merger and PIPE financing | 2,854,242 | 33,061 | 11,408,957 | 1 | (126,165) | — | (126,164) |
| Payment on shareholder note receivable | — | — | — | — | 200 | — | 200 |
| Issuance of common stock to advisors | — | — | 104,255 | — | 300 | — | 300 |
| Issuance of common stock warrants to advisor | — | — | — | — | 167 | — | 167 |
| Increase in redemption value | — | 603 | — | — | — | — | — |
| Redemption of common stock subject to possible redemption | (2,800,489) | (33,157) | — | — | — | — | — |
| Lapse of redemption | (53,753) | (507) | 53,753 | — | 503 | — | 503 |
| Stock-based compensation | — | — | — | — | 18,606 | — | 18,606 |
| Net loss | — | — | — | — | — | (177,350) | (177,350) |
| Balance as of June 30, 2025 | — | $— | 98,881,933 | $10 | $601,781 | $(606,601) | $(4,810) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.