Form 8-K

8-K — Backblaze, Inc.

Accession: 0001628280-26-051812

Filed: 2026-08-03

Period: 2026-08-03

CIK: 0001462056

SIC: 7372 (SERVICES-PREPACKAGED SOFTWARE)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — blze-20260803.htm (Primary)

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8-K

8-K (Primary)

Filename: blze-20260803.htm · Sequence: 1

blze-20260803

0001462056FALSE00014620562026-08-032026-08-03

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

August 3, 2026

Date of Report (date of earliest event reported)

Backblaze, Inc.

(Exact name of registrant as specified in its charter)

Delaware

001-41026

20-8893125

(State or other jurisdiction of incorporation or organization)

(Commission File Number)

(I.R.S. Employer Identification No.)

2261 Market Street STE 81006, San Francisco, California

94114

(Address of Principal Executive Offices)

(Zip Code)

(650) 352-3738

Registrant's telephone number, including area code

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Class A Common Stock, par value $0.0001 per share

BLZE

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

☐

Item 2.02 Results of Operations and Financial Condition.

On August 3, 2026, the Company issued a press release announcing its financial results for the quarter ended June 30, 2026. A copy of the press release and supplemental earnings presentation is attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively, and are incorporated herein by reference.

This information is intended to be furnished under Item 2.02 and Item 9.01 of Form 8-K, “Results of Operations and Financial Condition” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Description

99.1

Press release issued by Backblaze, Inc., dated August 3, 2026

99.2

Supplemental earnings presentation, dated August 3, 2026

104

Cover Page Interactive Data File (formatted as Inline XBRL)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:

August 3, 2026

Backblaze, Inc.

By:

/s/ Marc Suidan

Marc Suidan, Chief Financial Officer

EX-99.1

Filename: ex991blze20260630earningsp.htm · Sequence: 2

Document

Exhibit 99.1

Backblaze Announces Second Quarter 2026 Financial Results

34% Revenue Growth in B2 Cloud Storage, 18% Revenue Growth Overall in Q2 2026

San Francisco, CA (August 3, 2026)—Backblaze, Inc. (Nasdaq: BLZE), the storage platform powering AI and data-intensive workloads, today announced results for its second quarter ended June 30, 2026.

“Q2 was an amazing quarter for Backblaze. We exceeded the high end of our revenue and Adjusted EBITDA guidance, with B2 growth accelerating to 34% year over year,” said Gleb Budman, co-founder and CEO of Backblaze. “We also signed a $335 million strategic agreement with CoreWeave offering the strongest validation yet of our critical role in the AI infrastructure stack. AI workloads need a capacity storage layer that can scale to exabytes, while delivering performance at attractive economics. That is where Backblaze is built to win.”

Second Quarter 2026 Financial Highlights:(1)

•Revenue of $42.7 million, an increase of 18% year-over-year (YoY).

•B2 Cloud Storage revenue was $26.6 million, an increase of 34% YoY.

•Computer Backup revenue was $16.1 million, a decrease of 2% YoY.

•Gross profit of $26.8 million, or 63% of revenue, compared to $23.0 million, or 63% of revenue, in Q2 2025.

•Adjusted gross profit of $34.3 million, or 80% of revenue, compared to $28.8 million, or 79% of revenue, in Q2 2025.

•Net loss was $5.1 million compared to a net loss of $7.1 million in Q2 2025.

•Net loss per share was $0.08 compared to a net loss per share of $0.13 in Q2 2025.

•Adjusted EBITDA was $12.8 million, or 30% of revenue, compared to $6.6 million, or 18% of revenue, in Q2 2025.

•Non-GAAP net income of $5.0 million compared to non-GAAP net income of $0.8 million in Q2 2025.

•Non-GAAP net income per share of $0.08 compared to a non-GAAP net income per share of $0.01 in Q2 2025.

•Cash flow from operations during the six months ended June 30, 2026 was $13.8 million, compared to $8.5 million for the same period in 2025.

•Adjusted free cash flow during the six months ended June 30, 2026 was $1.4 million, compared to $(6.0) million for the same period in 2025.

•Cash, cash equivalents, and marketable securities totaled $49.9 million as of June 30, 2026.

________________

(1) Some amounts may not sum due to rounding.

Second Quarter 2026 Operational Highlights:

•Annual recurring revenue (ARR) was $177.3 million, an increase of 21% YoY.

◦B2 Cloud Storage ARR was $113.3 million, an increase of 39% YoY.

◦Computer Backup ARR was $64.0 million, relatively flat YoY.

•Net revenue retention rate (NRR) was 103% compared to 106% in Q2 2025.

◦B2 Cloud Storage NRR was 113% compared to 114% in Q2 2025.

◦Computer Backup NRR was 94% compared to 99% in Q2 2025.

•Gross customer retention rate was 91% in Q2 2026 compared to 90% in Q2 2025.

◦B2 Cloud Storage gross customer retention rate was 89% in both Q2 2026 and Q2 2025.

◦Computer Backup gross customer retention rate was 91% compared to 90% in Q2 2025.

Recent Business Highlights:

•Signed a 5+ year, $335 million strategic agreement with CoreWeave: The landmark agreement includes warrants valued at approximately $22 million, aligning the companies’ long-term interests and validating Backblaze as a strategic storage tier provider for AI workloads at massive scale.

•Expanded momentum with larger customers: ARR from customers generating $50,000+ in ARR grew 67% year over year, and the number of these customers increased 57% year over year, reflecting continued success scaling with larger accounts.

•Won largest B2 Overdrive deal to date with a frontier AI model: Signed a seven-figure ARR B2 Overdrive deal with a leading AI model developer, demonstrating demand for high-performance, cost-effective storage for AI workloads.

•Strengthened long-term revenue visibility: RPO reached $396 million, up $319.5 million quarter over quarter, led by the CoreWeave agreement and demand from AI-native companies.

•Expanded the B2 developer ecosystem: Shipped new SDKs and AI agent tools and launched Backblaze’s Generative Media Hackathon, increasing awareness of B2 as a storage platform for AI applications.

Financial Outlook:

Based on information available as of the date of this press release,

For the third quarter of 2026, we expect:

•Revenue between $44.4 million and $44.8 million.

•Adjusted EBITDA margin between 27% and 29%.

•Basic weighted average shares outstanding of 62.3 million to 62.5 million shares.

For full-year 2026, we have raised our outlook:

•Revenue between $172.0 million and $174.0 million, raised from $161.5 million to $163.5 million.

•Adjusted EBITDA margin range of 27% to 29%, raised from 23% to 25%.

Conference Call Information:

Backblaze will host a conference call today, August 3, 2026, at 2:00 p.m. PT (5:00 p.m. ET) to review its financial results.

Attend the webcast here: https://events.q4inc.com/attendee/704175018

An archive of the webcast will be available shortly after its completion on the Investor Relations section of the Backblaze website at https://ir.backblaze.com.

Phone registrants will receive dial-in information via email.

About Backblaze

Backblaze (NASDAQ: BLZE) is the object storage layer powering AI infrastructure and data-intensive workloads at scale. Built over two decades, the company has leveraged hardware, software, and operational innovation into a platform that delivers the performance and economics the AI era demands—without lock-in. Today, more than 500,000 customers trust Backblaze to move and store the data powering their businesses, reaching hundreds of millions of end users across 175 countries. For more information, visit www.backblaze.com.

Cautionary Note Regarding Forward-looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which involve risks and uncertainties. These forward-looking statements are frequently identified by the use of forward-looking terminology, including the terms “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “likely,” “may,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” or other similar terms or expressions that relate to our future performance, expectations, strategy, plans or intentions, and include statements in the section titled “Financial Outlook.”

Our actual results could differ materially from those stated in or implied by the forward-looking statements in this press release due to a number of factors, including but not limited to: the impact of our go-to-market transformation and ability to attract and retain customers, including increasingly larger customers; the continued growth of data stored by our customers; continued growth of AI related business; rapidly evolving technological developments in the market, including advancement in AI; realizing the anticipated benefits relating to cost savings initiatives and the re-investment of savings in additional sales capacity; market competition, including competitors that may have greater size, offerings and resources; effectively managing growth and scaling of our platform; ability to offer new features and other offerings on a timely basis, including new enterprise features, B2 Overdrive offering and geographic expansion in Canada or other jurisdictions, and achieve desired market adoption; disruption in our service or loss of availability of customers’ data; cyberattacks; ability to continue to scale the business; the impact of pricing and other product offering changes, including the May 1, 2026 pay-as-you-go storage pricing increase; material defects or errors in our software, such as problems with our internal systems, network, or data, including actual or perceived breaches or failures; supply chain disruption; ability to maintain existing relationships with partners and to enter into new partnerships; hiring and retention of key employees; the impact of changes to global trade and tariff policies, on us or our vendors, partners and customers; war or hostilities, and other significant world or regional events on our business and the business of our customers, vendors, supply chain and partners; litigation and other disputes; availability of additional capital; and general market, political, economic, and business conditions. Further information on these and additional risks, uncertainties, assumptions, and other factors that could cause actual results or outcomes to differ materially from those included in or implied by the forward-looking statements contained in this release are included under the caption “Risk Factors” and elsewhere in our Quarterly Reports on Form 10-Q and other filings and reports we make with the SEC from time to time.

The forward-looking statements made in this release reflect our views as of the date of this press release. We undertake no obligation to update any forward-looking statements in this press release, whether as a result of new information, future events or otherwise.

Non-GAAP Financial Measures

To supplement the financial measures, which are prepared and presented in accordance with generally accepted accounting principles in the United States (GAAP), we provide investors with non-GAAP financial measures including (i) adjusted gross profit (and margin), (ii) adjusted EBITDA and adjusted EBITDA margin, (iii) non-GAAP net income (loss) and non-GAAP net income (loss) per share, (iv) adjusted free cash flow and adjusted free cash flow margin, and (v) other Non-GAAP measures. These non-GAAP financial measures are not necessarily comparable to other companies and should be considered as a supplement to, not a substitute for, or superior to, the corresponding measures calculated in accordance with GAAP. We present these non-GAAP measures because management believes they are a useful measure of our performance and provide an additional basis for assessing our operating results. Please see the appendix attached to this press release for a reconciliation of non-GAAP financial measures to the most directly comparable GAAP financial measures.

A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, expenses and other factors in the future. For example, stock-based compensation expense-related charges are impacted by the timing of employee stock transactions, the future fair market value of our common stock, and our future hiring and retention needs, all of which are difficult to predict with reasonable accuracy and subject to constant change.

Adjusted Gross Profit and Margin

We believe adjusted gross profit (and margin), when taken together with our GAAP financial results, provides a meaningful assessment of our performance and is useful to us for evaluating our ongoing operations and for internal planning and forecasting purposes.

We define adjusted gross profit as gross profit, excluding stock-based compensation expense, depreciation and amortization and restructuring charges within cost of revenue. We define adjusted gross margin as a percentage of adjusted gross profit to revenue. We exclude stock-based compensation, which is a non-cash item, and restructuring charges because we do not consider these items as indicative of our core operating performance. We exclude depreciation expense of our property and equipment and amortization expense of capitalized internal-use software because these may not reflect current or future cash spending levels to support our business. We believe adjusted gross profit (and margin) provides consistency and comparability with our past financial performance and facilitates period-to-period comparisons of operations.

Adjusted EBITDA and Adjusted EBITDA Margin

We define Adjusted EBITDA as net loss adjusted to exclude depreciation and amortization, stock-based compensation, interest expense, investment income, income tax provision, realized and unrealized gains and losses on foreign currency transactions, impairment of long-lived assets, restructuring charges, legal settlement costs, and other non-recurring charges. Adjusted EBITDA Margin is defined as Adjusted EBITDA divided by revenues for the period. We use Adjusted EBITDA and Adjusted EBITDA Margin to evaluate our ongoing operations and for internal planning and forecasting purposes. We believe that Adjusted EBITDA and Adjusted EBITDA Margin, when taken together with our GAAP financial results, provide meaningful supplemental information regarding our operating performance by excluding certain items that may not be indicative of our business, results of operations, or outlook. We consider Adjusted EBITDA and Adjusted EBITDA Margin to be important measures because they help illustrate underlying trends in our business and our historical operating performance on a more consistent basis.

Non-GAAP Net Income (Loss) and Non-GAAP Net Income (Loss) Per Share

We define non-GAAP net income (loss) as net income (loss) adjusted to exclude stock-based compensation, realized and unrealized gains and losses on foreign currency transactions, impairment of long-lived assets, restructuring charges, legal settlement costs, and other items we deem non-recurring. Non-GAAP net income (loss) per share is defined as non-GAAP net income (loss) divided by basic and diluted weighted average common shares outstanding. We believe that non-GAAP net income (loss) and non-GAAP net income (loss) per share, when taken together with our GAAP financial results, provide meaningful supplemental information regarding our operating performance by excluding certain items that may not be indicative of our business, results of operations, or outlook.

Adjusted Free Cash Flow and Adjusted Free Cash Flow Margin

We believe that Adjusted Free Cash Flow and Adjusted Free Cash Flow Margin are useful metrics for assessing liquidity that provide information to management and investors about the cash generated from our core operations that can be reinvested in the business. However, these measures should not replace cash flows from operations as a liquidity benchmark. One limitation of these metrics is that they do not reflect our future contractual commitments, nor do they capture the overall changes in our cash balance during a specific period. Nonetheless, we believe that Adjusted Free Cash Flow and Adjusted Free Cash Flow Margin are key metrics providing insight on our financial trajectory that helps us make informed decisions as we work towards sustainable positive cash flow.

We define adjusted free cash flow as net cash provided by operating activities less purchases of property and equipment, capitalized internal-use software costs, principal payments on finance leases and lease financing obligations, as reflected in our consolidated statements of cash flows, and excluding payments on restructuring charges, legal settlement payments, and payments on other non-recurring charges. Adjusted free cash flow margin is calculated as adjusted free cash flow divided by revenue.

Other Non-GAAP Measures

Adjusted Cost of Revenue and Adjusted Operating Expenses

Adjusted research and development, adjusted sales and marketing, and adjusted general and administrative (collectively, “adjusted operating expenses”) and adjusted cost of revenue are non-GAAP financial measures that we define as each respective GAAP expense category excluding stock-based compensation expense, depreciation and amortization, restructuring costs, and other non-recurring charges. These measures provide management with greater transparency into the underlying trends in our business by facilitating period-to-period comparisons of our ongoing cost structure, excluding the impact of certain non-cash or non-recurring items that may not be indicative of our operating performance. These measures are intended to assist in forecasting and budgeting by providing greater visibility into our normalized expense base.

Key Business Metrics:

Annual Recurring Revenue (ARR)

We define ARR as the annualized value of all Backblaze B2 and Computer Backup arrangements as of the end of a period. Given the renewable nature of our business, we view ARR as an important indicator of our financial performance and operating results, and we believe it is a useful metric for internal planning and analysis. For subscription-based arrangements, ARR is calculated by multiplying the monthly revenue for the last month of a period by 12. For consumption-based arrangements, ARR is calculated by multiplying average daily revenue for the last month of a period by 365. Total Company ARR represents the annualized value of all B2 Cloud Storage consumption- and subscription-based arrangements and Computer Backup subscription-based arrangements as of the end of a period.

Beginning in the first quarter of 2026, to improve comparability between periods, we revised our methodology for calculating ARR for our consumption-based arrangements to use a daily revenue rate during the last month of the period rather than a monthly rate. Prior period ARR amounts presented have been recast to conform to the current period presentation.

Net Revenue Retention Rate (NRR)

To calculate NRR for a specific quarter, we determine the revenue recognized in that quarter from customers who generated revenue during the last month of the same quarter of the previous year. This revenue is then divided by the revenue generated from those same customers in the prior year quarter.

Beginning in the first quarter of 2026, we are presenting NRR using a single-quarter calculation, comparing current quarter revenue to the corresponding prior year quarter, rather than an average of quarterly rates over the prior four quarters, in order to provide a more current measure of customer retention. Prior period NRR amounts have been recast to conform to the current period presentation.

Gross Customer Retention Rate

We use gross customer retention rate to measure our ability to retain our customers. Our gross customer retention rate reflects only customer losses and does not reflect the expansion or contraction of revenue we earn from our existing customers. We believe our high gross customer retention rates demonstrate that we provide a vital service to our customers, as the vast majority of our customers tend to continue to use our platform from one period to the next. To calculate our gross customer retention rate, we take the trailing four-quarter average of our quarterly gross customer retention rates. We calculate the quarterly gross customer retention rates by dividing (i) the number of accounts that generated revenue in the last month of the current quarter that also generated recurring revenue during the last month of the corresponding quarter in the prior year, by (ii) the number of accounts that generated recurring revenue during the last month of the corresponding quarter in the prior year.

Investors Contact

Mimi Kong

ir@backblaze.com

Press Contact

Renatta Siewert

press@backblaze.com

BACKBLAZE, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands, except share and per share data)

June 30,

December 31,

2026

2025

(unaudited)

Assets

Current assets:

Cash and cash equivalents

32,428

29,182

Marketable securities

17,454

22,199

Accounts receivable, net

5,266

3,482

Prepaid expenses

4,415

4,195

Other current assets

9,141

6,630

Total current assets

68,704

65,688

Property and equipment, net

70,065

57,310

Operating lease right-of-use assets, net

32,772

22,713

Capitalized internal-use software, net

42,238

40,825

Other assets

10,061

5,290

Total assets

223,840

191,826

Liabilities and Stockholders’ Equity

Current liabilities:

Accounts payable, accrued expenses and other current liabilities

16,960

10,994

Finance lease liabilities and lease financing obligations, current

16,625

14,873

Operating lease liabilities, current

4,782

5,253

Deferred revenue, current

30,428

30,498

Total current liabilities

68,795

61,618

Finance lease liabilities and lease financing obligations, non-current

30,088

21,292

Operating lease liabilities, non-current

30,942

20,166

Deferred revenue and other liabilities, non-current

5,477

5,529

Total liabilities

135,302

108,605

Commitments and contingencies

Stockholders’ Equity

Class A common stock, $0.0001 par value; 113,000,000 shares authorized as of June 30, 2026 and December 31, 2025; 62,374,253 shares issued and 61,803,439 shares outstanding as of June 30, 2026 and 58,962,339 shares issued and 58,705,790 outstanding as of December 31, 2025.

Treasury stock, at cost; 570,814 and 256,549 shares as of June 30, 2026 and December 31, 2025, respectively

(3,358)

(1,983)

Additional paid-in capital

324,723

306,795

Accumulated deficit

(232,833)

(221,597)

Total stockholders’ equity

88,538

83,221

Total liabilities and stockholders’ equity

223,840

191,826

BACKBLAZE, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

(in thousands, except share and per share data)

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

(unaudited)

Revenue

42,713

36,298

81,379

70,911

Cost of revenue

15,879

13,257

31,016

28,614

Gross profit

26,834

23,041

50,363

42,297

Operating expenses:

Research and development

11,002

11,878

22,288

23,733

Sales and marketing

10,215

10,172

20,499

19,435

General and administrative(1)

9,791

7,231

17,103

14,140

Total operating expenses

31,008

29,281

59,890

57,308

Loss from operations

(4,174)

(6,240)

(9,527)

(15,011)

Investment income

381

500

785

1,033

Interest expense

(1,263)

(880)

(2,472)

(1,733)

Other income (expense), net

(477)

(626)

Loss before provision for income taxes

(5,049)

(7,097)

(11,168)

(16,337)

Income tax provision

—

Net loss and comprehensive loss

(5,089)

(7,097)

(11,236)

(16,421)

Net loss per share, basic and diluted

(0.08)

(0.13)

(0.19)

(0.30)

Weighted average common shares outstanding, basic and diluted

60,793,955

55,627,214

60,046,229

54,835,639

________________

(1) To conform to the current period’s presentation, foreign exchange loss of $0.5 million and $0.6 million for the three and six months ended June 30, 2025 that were previously included in “General and administrative” operating expenses are now included within “Other income (expense), net”. This reclassification had no impact on total net loss and comprehensive loss.

BACKBLAZE, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(in thousands)

Six Months Ended June 30,

2026

2025

(unaudited)

CASH FLOWS FROM OPERATING ACTIVITIES

Net loss

(11,236)

(16,421)

Adjustments to reconcile net loss to net cash provided by operating activities:

Noncash lease expense on operating leases

3,023

1,964

Depreciation and amortization

13,757

13,238

Impairment loss on right-of-use assets

—

Stock-based compensation

16,057

14,663

Loss (gain) on disposal of property and equipment

(248)

Other, net

407

Changes in operating assets and liabilities:

Accounts receivable

(1,784)

(1,409)

Prepaid expenses and other current assets

(2,443)

(1,368)

Other assets

(4,362)

(827)

Accounts payable, accrued expenses and other current liabilities

4,016

441

Deferred revenue and other liabilities, non-current

(539)

Operating lease liabilities

(2,713)

(2,099)

Net cash provided by operating activities

13,787

8,488

CASH FLOWS FROM INVESTING ACTIVITIES

Purchases of marketable securities

(7,957)

(28,132)

Maturities of marketable securities

12,727

18,884

Proceeds from disposal of property and equipment

Purchases of property and equipment

(1,453)

(1,287)

Capitalized internal-use software costs

(5,162)

(4,184)

Net cash used in investing activities

(1,822)

(14,689)

CASH FLOWS FROM FINANCING ACTIVITIES

Principal payments on finance leases and lease financing obligations

(8,501)

(9,277)

Payment of offering costs

(89)

(20)

Payment of debt issuance costs

(118)

(554)

Purchase of treasury stock

(1,375)

—

Proceeds from exercises of stock options

2,843

1,894

Taxes paid for net share settlement of equity awards

(2,550)

(819)

Proceeds from ESPP

1,071

1,388

Net cash used in financing activities

(8,719)

(7,388)

Net increase (decrease) in cash and cash equivalents

3,246

(13,589)

Cash and cash equivalents, at beginning of period

29,182

45,776

Cash and cash equivalents, at end of period

32,428

32,187

BACKBLAZE, INC.

RECONCILIATION OF GAAP TO NON-GAAP DATA

(in thousands, except percentages)

Adjusted Gross Profit and Adjusted Gross Margin

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

(dollars in thousands)

Gross profit

26,834

23,041

50,363

42,297

Adjustments:

Stock-based compensation

531

432

989

852

Depreciation and amortization(1)

6,799

5,384

13,312

13,028

Restructuring charges

135

(13)

372

(13)

Adjusted gross profit

34,299

28,844

65,036

56,164

Gross margin

Adjusted gross margin

________________

(1) $0.1 million and $0.3 million of amortization expense recorded to cost of revenue for the three and six months ended June 30, 2026, respectively, are classified as restructuring charges in the table above.

Adjusted EBITDA and Adjusted EBITDA Margin

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

(dollars in thousands)

Net loss and comprehensive loss

(5,089)

(7,097)

(11,236)

(16,421)

Adjustments:

Depreciation and amortization(1)

6,892

5,474

13,485

13,238

Stock-based compensation(2)

8,759

7,304

15,471

14,663

Interest expense and investment income, net

882

380

1,687

700

Income tax provision

—

Foreign exchange (gain) loss

(7)

477

(46)

626

Litigation settlement costs

—

138

—

138

Restructuring charges

1,321

(66)

3,512

(66)

Adjusted EBITDA

12,798

6,610

22,941

12,962

Net loss and comprehensive loss margin

(12

(20

(14

(23

Adjusted EBITDA margin

________________

(1) $0.1 million and $0.3 million of amortization expense for the three and six months ended June 30, 2026, respectively, are classified as restructuring charges in the table above.

(2) $0.4 million and $0.6 million of stock-based compensation expense for the three and six months ended June 30, 2026, respectively, are classified as restructuring charges in the table above.

Other Non-GAAP Measures

Adjusted Cost of Revenue and Adjusted Operating Expenses

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

(dollars in thousands)

Revenue

42,713

36,298

81,379

70,911

Adjustments:

Adjusted cost of revenue:

Cost of revenue

15,879

13,257

31,016

28,614

Less: Depreciation and amortization(1)

(6,799)

(5,384)

(13,312)

(13,028)

Less: Stock-based compensation

(531)

(432)

(989)

(852)

Less: Restructuring charges

(135)

(372)

Adjusted cost of revenue

8,414

7,454

16,343

14,747

Adjusted gross margin

Adjusted Operating Expenses:

Research and development

11,002

11,878

22,288

23,733

Less: Depreciation and amortization

(46)

(41)

(86)

(99)

Less: Stock-based compensation

(3,426)

(3,272)

(6,307)

(6,739)

Less: Restructuring charges

(12)

(167)

Adjusted research and development

7,518

8,599

15,728

16,929

Sales and marketing

10,215

10,172

20,499

19,435

Less: Depreciation and amortization

(28)

(30)

(52)

(70)

Less: Stock-based compensation(2)

(2,051)

(1,881)

(3,628)

(3,678)

Less: Restructuring charges

(355)

(1,756)

Adjusted sales and marketing

7,781

8,325

15,063

15,751

General and administrative

9,791

7,231

17,103

14,140

Less: Depreciation and amortization

(19)

(35)

(41)

Less: Stock-based compensation(2)

(2,751)

(1,719)

(4,547)

(3,394)

Less: Restructuring charges

(819)

(45)

(1,217)

(45)

Less: Litigation settlement costs

—

(138)

—

(138)

Adjusted general and administrative

6,202

5,310

11,304

10,522

Total Adjusted Operating Expenses

21,501

22,234

42,095

43,202

Adjusted EBITDA

12,798

6,610

22,941

12,962

________________

(1) $0.1 million and $0.3 million of amortization expense for the three and six months ended June 30, 2026, respectively, are classified as restructuring charges in the table above.

(2) $0.4 million of stock-based compensation incurred during the three months ended June 30, 2026 is classified as restructuring charges in the table above, including an immaterial amount related to sales and marketing costs and $0.4 million related to general and administrative costs. $0.6 million of stock-based compensation incurred during the six months ended June 30, 2026 is classified as restructuring charges in the table above, including $0.1 million related to sales and marketing costs, and $0.5 million related to general and administrative costs.

Non-GAAP Net Income (Loss)

Three Months Ended June 30,

Six Months Ended June 30,

2026

2025

2026

2025

(in thousands, except share and per share data)

Net loss and comprehensive loss

(5,089)

(7,097)

(11,236)

(16,421)

Adjustments:

Stock-based compensation(1)

8,759

7,304

15,471

14,663

Foreign exchange (gain) loss

(7)

477

(46)

626

Litigation settlement costs

—

138

—

138

Restructuring charges

1,321

(66)

3,512

(66)

Non-GAAP net income (loss)

4,984

756

7,701

(1,060)

Non-GAAP net income (loss) per share - diluted

0.08

0.01

0.12

(0.02)

Shares used in Non-GAAP net income (loss) per share calculations:

GAAP weighted-average shares used to compute net loss per share - basic and diluted

60,793,955

55,627,214

60,046,229

54,835,639

Add: Dilutive ordinary share equivalents

3,995,349

1,599,426

2,787,054

—

Non-GAAP weighted average common shares outstanding - diluted

64,789,304

57,226,640

62,833,283

54,835,639

________________

(1) $0.4 million and $0.6 million of stock-based compensation expense for the three and six months ended June 30, 2026, respectively, are classified as restructuring charges in the table above.

Adjusted Free Cash Flow and Adjusted Free Cash Flow Margin

Six Months Ended June 30,

2026

2025

(dollars in thousands)

Net cash provided by operating activities

13,787

8,488

Capital expenditures(1)

(6,615)

(5,471)

Principal payments on finance leases and lease financing obligations

(8,501)

(9,277)

Payments on litigation settlement costs

Payments on restructuring costs

2,716

230

Adjusted Free Cash Flow

1,402

(6,018)

Adjusted Free Cash Flow Margin

(8)

________________

(1) Capital expenditures are defined as cash used for purchases of property and equipment and capitalized internal-use software costs.

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a992q226erpresentation

Backblaze ©2026 | 2 Cautionary Note Regarding Forward-Looking Statements This presentation contains forward-looking statements, which involve risks and uncertainties. These forward-looking statements are generally identified by the use of forward-looking terminology, including the terms “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “likely,” “may,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and, in each case, their negative or other various or comparable terminology. All statements other than statements of historical facts contained in this presentation, including statements regarding our strategy, future operations, future financial position, future revenue, projected costs, planned investments and initiatives, prospects, plans, objectives of management and general economic trends and trends in the industry and markets are forward-looking statements. These statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results to differ materially from any future results expressed or implied by the forward-looking statements, including that our AI customer revenue is early-stage and widespread adoption is uncertain; we may not achieve the growth rates implied by current trends; estimates of addressable market size and market opportunity are based on internal assumptions and third-party data that may prove inaccurate or may not reflect actual market conditions; our sales and marketing and cost-saving initiatives may not achieve their intended results; new features and price changes may not have the anticipated impact; supply availability, volatility and pricing may adversely affect our business; our recently announced strategic agreement with CoreWeave involves a new delivery model and is subject to risks related to customer concentration, ramp timing, consumption levels, and our ability to scale operations, any of which could cause actual revenue to differ from contracted amounts. Additional risks are set forth under “Risk Factors” in our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. These forward-looking statements reflect our views with respect to future events as of the date of this presentation and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on these forward-looking statements. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this presentation, except as required by applicable law. Non-GAAP Financial Measures To supplement the financial measures prepared in accordance with generally accepted accounting principles (GAAP), we use non-GAAP Adjusted Gross Profit and Margin, non-GAAP Net Income (Loss), non-GAAP Net Income (Loss) per share, Adjusted EBITDA and Margin, and Adjusted Free Cash Flow and Margin. These non-GAAP financial measures exclude certain items and are not prepared in accordance with GAAP; therefore, the information is not necessarily comparable to other companies and should be considered as a supplement to, not a substitute for, or superior to, the corresponding measures calculated in accordance with GAAP. We present these non-GAAP measures because management believes they are a useful measure of the Company’s performance and provide an additional basis for assessing our operating results. Please see the Appendix attached to this presentation for a reconciliation of non-GAAP Adjusted Gross Margin, non-GAAP Net Income, Adjusted EBITDA Margin and Adjusted Free Cash Flow to the most directly comparable GAAP financial measures. Important Information About This Presentation

Backblaze ©2026 | 4 Key Highlights ● B2 growth accelerated to 34% ● Signed $335M multi-exabyte CoreWeave agreement ● Broad-based AI traction, including a leading frontier model developer win ● Validated as the capacity tier for AI infrastructure AI Strategy is Working

Backblaze ©2026 | 5 AI creates active data at every stage Training datasets Model checkpoints Model snapshots captured during training Inference outputs Predictions, scores and generated output GenAI assets Generated images, video, audio and text Every stage adds data that must be stored, moved and used. Raw, curated and labeled data

Backblaze ©2026 | 6 AI Companies Choose Backblaze For: GROWTH Scalability Capacity that keeps pace with fast-growing datasets CHOICE Architectural freedom Ability to move data to the best suited cloud SPEED Performance Throughput that supports emerging AI workflows All with efficient economics that make AI sustainable at scale.

Backblaze ©2026 | 7 Neoclouds need a complete storage stack FLASH BASED TIER Maximum speed For workloads that demand the highest performance HDD BASED CAPACITY TIER Active data at scale $14B estimated neocloud HDD capacity-tier opportunity by 2031* Capacity and performance with significantly better economics Backblaze B2 powered *NOTES: Company estimate based on management's analysis of third-party market data published by Synergy Research Group (April 2026) and Market.us. The neocloud market forecasts cited in these reports measure cloud infrastructure and platform service revenues and do not separately report storage-related revenues. The estimated market opportunity reflects management's assumptions regarding the proportion of neocloud revenues attributable to storage services and the addressable share relevant to Backblaze's offerings. Actual market size may differ materially from this estimate. See "Forward-Looking Statements" for additional information. **Source: IDC, Worldwide Global StorageSphere Forecast, 2025–2029 80% Of data in the cloud is estimated to be stored on HDD**

Backblaze ©2026 | 8 CoreWeave $335M, 5+ Year Strategic Agreement B2 Cloud Storage BACKBLAZE INFRASTRUCTURE Multi-exabyte object storage capacity at the HDD tier STRATEGIC ALIGNMENT — WARRANT STRUCTURE 4,194,876 total shares · $7.60 exercise price Vesting tied to contract performance and duration B2 Cloud Storage Managed Storage Shares 3,053,314 1,141,562 Vesting Installments over 5 years Time-based and milestone-based Expiry June 16, 2032 June 16, 2035 NOTES: Net RPO addition of $313M reflects the $335M contract value less $22M in warrant value. Managed Storage COREWEAVE INFRASTRUCTURE Backblaze software and people embedded in CoreWeave data centers — a new delivery model SERVICES DELIVERED

Backblaze ©2026 | 9 Q2 AI Wins with >$500K in ARR GROWTH Scalability CUSTOMER 1 Data Training Provider ● Another ~$1M ARR commitment ● Faster-than-expected growth drove expansion CHOICE Architectural freedom SPEED Performance All with efficient economics that make AI sustainable at scale. CUSTOMER 2 Conversational AI Developer ● Six-figure ARR Win ● Freed data to move across clouds without egress-driven lock-in CUSTOMER 3 Frontier AI Model Developer ● Seven-figure ARR Win ● Delivered high throughput at large scale with efficient economics

Backblaze ©2026 | 10 SHIPPED THIS QUARTER TypeScript SDK Language of choice for AI coding agents Genblaze SDK GenAI media workflows AI agent tools For agentic workflows storing data on B2 BUILDING THE PLATFORM A natural platform for developers and AI agents to build on COMMUNITY ENGAGEMENT Launched Generative Media Hackathon Drove awareness of B2 as the storage layer for GenAI media applications Building for the Builders

Backblaze ©2026 | 13 Key Financial Highlights ● FY revenue guidance raised by $10M+ ● B2 Rule of 40 Score of 42: B2 Revenue Growth 34% + Adj. FCF Margin of 8% ● Signed commitments enable B2 Revenue directional growth outlook of 40%+ in 2027 NOTES: The financial information presented above includes forward-looking statements and non-GAAP financial measures. Forward-looking statements are subject to risks and uncertainties, and actual results may differ materially. See "Cautionary Note Regarding Forward-Looking Statements" for additional information. Adjusted EBITDA Margin and Adjusted Free Cash Flow Margin are non-GAAP financial measures. Please refer to the Appendix for reconciliations to the most directly comparable GAAP measures.

Backblaze ©2026 | 16 RPO Reaches ~$396M, Providing Greater Visibility CoreWeave drives the step-change, while momentum continues across the broader business TOTAL RPO ($M) A step-change in contracted demand visibility +$313M CoreWeave contribution $335M commitment less ~$22M warrant value Broader business strength +$6M NOTE: Q4’25 RPO has been recast to conform to the methodology adopted in Q1’26.

Backblaze ©2026 | 17 Financial and Operational Q2 Highlights REVENUE ($M) Y/Y GROWTH NET REVENUE RETENTION GROSS CUSTOMER RETENTION B2 Cloud Storage $26.6 34% 113% 89% Computer Backup $16.1 -2% 94% 91% Total Company $42.7 18% 103% 91% Note: Some amounts may not sum due to rounding.

Backblaze ©2026 | 18 22% Building A Durable Business Q2 Adj. EBITDA Margin was 30%, and Adj. FCF Margin was 8% (3%) (11%) Adj. EBITDA Margin NOTES: Adjusted EBITDA and Adjusted Free Cash Flow margins shown for the years ending December 31, 2021, 2022, 2023, 2024, and 2025 are based on audited financial data. Please refer to the definitions of Adjusted EBITDA margins and Adjusted Free Cash Flow in the Appendix. A reconciliation of non-generally accepted accounting principles (GAAP) guidance measures to corresponding GAAP measures for historical results is provided in the Appendix to this presentation. A reconciliation for estimated future results is not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of expenses and other factors in the future. 5% IPO 2021 2022 2023 Adj. Free Cash Flow Margin 2024 IPO 2021 2022 2023 2024 (54%) (42%) (29%) 2026E 27-29% 2026E 10% (16%)2025 2025 (4%) Neutral

Backblaze ©2026 | 19 Q3’26 and Full Year Guidance Q3’26 $44.4 to $44.8 FY 2026 Raised $172.0 to $174.0 Q3’26 27% to 29% FY 2026 Raised 27% to 29% NOTES: The above financial information guidance for Q3 of 2026 and fiscal year 2026 are forward-looking statements. The revenue outlook for fiscal year 2026 also reflects a narrowed range of total Company revenue from the previously announced outlook. These forward-looking statements reflect our views with respect to future events as of the date of this presentation and are based on assumptions and subject to risks and uncertainties, and actual results may differ materially. A reconciliation of Adjusted EBITDA Margin guidance to GAAP net loss margin is not available on a forward-looking basis without unreasonable effort because certain reconciling items, including stock-based compensation expense, restructuring charges, depreciation and amortization, interest expense, and income tax provisions cannot be reasonably predicted due to their inherent uncertainty and variability. These items could individually or in the aggregate be material to the Company's reported GAAP results. Revenue ($M) Adj. EBITDA Margin

Backblaze ©2026 | 23 ● “ARR” means Annual Recurring Revenue. For subscription-based arrangements, ARR is calculated by multiplying the monthly revenue for the last month of a period by 12. Beginning in the first quarter of 2026, to improve comparability between periods, we revised our methodology for calculating annual recurring revenue for our consumption-based arrangements to use a daily revenue rate during the last month of the period rather than a monthly rate. Prior period ARR amounts presented have been recast to conform to the current period presentation. ● “Gross Customer Retention” is used to measure our ability to retain our customers and is based on the trailing four-quarter average of the percentage of cohort of customers who were active at the end of the quarter in the prior year that are still active at the end of the current quarter. We calculate our gross customer retention rate for a quarter by dividing (i) the number of accounts that generated revenue in the last month of the current quarter that also generated recurring revenue during the last month of the corresponding quarter in the prior year, by (ii) the number of accounts that generated recurring revenue during the last month of the corresponding quarter in the prior year. ● “NRR” means Net Revenue Retention. To calculate NRR for a specific quarter, we determine the revenue recognized in that quarter from customers who generated revenue during the last month of the same quarter of the previous year. This revenue is then divided by the revenue generated from those same customers in the prior year quarter. Beginning in the first quarter of 2026, we are presenting NRR using a single-quarter calculation, comparing current quarter revenue to the corresponding prior year quarter, rather than an average of quarterly rates over the prior four quarters, in order to provide a more current measure of customer retention. Prior period NRR amounts have been recast to conform to the current period presentation. Definitions

Backblaze ©2026 | 24 ● “Customer” means a customer at the end of any period as a distinct end user, as identified by a unique account identifier, which makes up substantially all of our user base. ● “Adjusted EBITDA” is defined as net loss adjusted to exclude depreciation and amortization, stock-based compensation, interest expense, investment income, income tax provision, realized and unrealized gains and losses on foreign currency transactions, impairment of long-lived assets, restructuring charges, legal settlement costs, and other non-recurring charges. Adjusted EBITDA Margin is defined as Adjusted EBITDA divided by revenues for the period. We use Adjusted EBITDA and Adjusted EBITDA Margin to evaluate our ongoing operations and for internal planning and forecasting purposes. We believe that Adjusted EBITDA and Adjusted EBITDA Margin, when taken together with our GAAP financial results, provide meaningful supplemental information regarding our operating performance by excluding certain items that may not be indicative of our business, results of operations, or outlook. We consider Adjusted EBITDA and Adjusted EBITDA Margin to be important measures because they help illustrate underlying trends in our business and our historical operating performance on a more consistent basis. ● “Adjusted Free Cash Flow” We define adjusted free cash flow as net cash provided by operating activities less purchases of property and equipment, capitalized internal-use software costs, principal payments on finance leases and lease financing obligations, as reflected in our consolidated statements of cash flows, and excluding payments on restructuring charges, legal settlement payments, and payments on other non-recurring charges. Adjusted free cash flow margin is calculated as adjusted free cash flow divided by revenue. Definitions

Backblaze ©2026 | 25 ● “Non-GAAP Net Income (Loss)” We define non-GAAP net income (loss) as net income (loss) adjusted to exclude stock-based compensation, realized and unrealized gains and losses on foreign currency transactions, impairment of long-lived assets, restructuring charges, legal settlement costs, and other items we deem non-recurring. Non-GAAP net income (loss) per share is defined as non-GAAP net income (loss) divided by basic and diluted weighted average common shares outstanding. We believe that non-GAAP net income (loss) and non-GAAP net income (loss) per share, when taken together with our GAAP financial results, provide meaningful supplemental information regarding our operating performance by excluding certain items that may not be indicative of our business, results of operations, or outlook. ● “Adjusted Gross Profit (and Margin)” We define adjusted gross profit as gross profit, excluding stock-based compensation expense, depreciation and amortization and restructuring charges within cost of revenue. We define adjusted gross margin as a percentage of adjusted gross profit to revenue. We exclude stock-based compensation, which is a non-cash item, and restructuring charges because we do not consider it indicative of our core operating performance. We exclude depreciation expense of our property and equipment and amortization expense of capitalized internal-use software because these may not reflect current or future cash spending levels to support our business. We believe adjusted gross profit (and margin) provides consistency and comparability with our past financial performance and facilitates period-to-period comparisons of operations. Definitions

Backblaze ©2026 | 26 Reconciliation of Non-GAAP Measures: Adjusted Gross Margin Adjusted Gross Profit Q2’26 Q2’25 Gross Profit $26.834 $23.041 Gross Margin 63% 63% Adjustments for Cost of Revenue: Stock Based Compensation 0.531 0.432 Depreciation & Amortization(1) 6.799 5.384 Restructuring Charges 0.135 (0.013) Adjusted Gross Profit $34.299 $28.844 Adjusted Gross Margin 80% 79% Dollars in Millions (1) $0.1 million and $0.3 million of amortization expense recorded to cost of revenue for the three and six months ended June 30, 2026, respectively, are classified as restructuring charges in the table above.

Backblaze ©2026 | 27 Reconciliation of Non-GAAP Measures: Non-GAAP Net Income (Loss) Q2’26 Q2’25 Net Loss $(5.089) $(7.097) Net Loss Margin -12% -20% Adjustments: Stock Based Compensation(1) 8.759 7.304 Foreign Exchange Loss (Gain) (0.007) 0.477 Litigation settlement costs - 0.138 Restructuring charges 1.321 (0.066) Non-GAAP Net Income $4.984 $0.756 Non-GAAP Net Income Margin 12% 2% Non-GAAP Diluted Shares 64.789 57.227 Non-GAAP Net Income (Loss) per Diluted Share $0.08 $0.01 Dollars and Shares in Millions (1) $0.4 million and $0.6 million of stock-based compensation expense for the three and six months ended June 30, 2026, respectively, are classified as restructuring charges in the table above.

Backblaze ©2026 | 28 Reconciliation of Non-GAAP Measures: Adjusted EBITDA Q2’26 Q2’25 Net Loss $(5.089) $(7.097) Net Loss Margin -12% -20% Adjustments: Depreciation & Amortization(1) 6.892 5.474 Stock Based Compensation(2) 8.759 7.304 Interest Expense & Investment Income, Net 0.882 0.380 Income tax provision 0.040 - Foreign Exchange Loss (Gain) (0.007) 0.477 Litigation settlement costs - 0.138 Restructuring charges 1.321 (0.066) Adjusted EBITDA $12.798 $6.610 Adjusted EBITDA Margin 30% 18% Dollars in Millions (1) $0.1 million and $0.3 million of amortization expense for the three and six months ended June 30, 2026, respectively, are classified as restructuring charges in the table above. (2) $0.4 million and $0.6 million of stock-based compensation expense for the three and six months ended June 30, 2026, respectively, are classified as restructuring charges in the table above.

Backblaze ©2026 | 29 Reconciliation of Non-GAAP Measures: Adjusted Free Cash Flow QTD Q2’26 QTD Q2’25 YTD Q2’26 YTD Q2’25 Net Cash Provided by Operating Activities $10.427 $3.545 $13.787 $8.488 Capital Expenditures (3.852) (2.845) (6.615) (5.471) Principal Payments on Finance Leases and Lease Financing Obligations (4.271) (4.734) (8.501) (9.277) Payment on litigation settlement costs - .012 0.015 0.012 Payments on restructuring costs .941 .115 2.716 0.230 Adjusted Free Cash Flow 3.245 ($3.907) $1.402 ($6.018) Adjusted Free Cash Flow Margin 8% (11%) 2% (8%) Dollars in Millions

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Aug. 03, 2026

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- Definition

Area code of city

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No definition available.

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dei_CityAreaCode

Namespace Prefix:

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- Definition

Cover page.

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No definition available.

+ Details

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- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

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No definition available.

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xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

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Data Type:

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Balance Type:

Period Type:

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- Definition

Address Line 1 such as Attn, Building Name, Street Name

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No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

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Balance Type:

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- Definition

Name of the City or Town

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No definition available.

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Name:

dei_EntityAddressCityOrTown

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xbrli:normalizedStringItemType

Balance Type:

Period Type:

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- Definition

Code for the postal or zip code

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No definition available.

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Balance Type:

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- Definition

Name of the state or province.

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No definition available.

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Name:

dei_EntityAddressStateOrProvince

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- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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Name:

dei_EntityCentralIndexKey

Namespace Prefix:

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Period Type:

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- Definition

Indicate if registrant meets the emerging growth company criteria.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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- Definition

Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 7A

-Section B

-Subsection 2

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Name:

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- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

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dei_EntityFileNumber

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Data Type:

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Balance Type:

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- Definition

Two-character EDGAR code representing the state or country of incorporation.

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No definition available.

+ Details

Name:

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Data Type:

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- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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Name:

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- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

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Period Type:

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- Definition

Local phone number for entity.

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No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

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xbrli:normalizedStringItemType

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

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Name:

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Balance Type:

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

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Name:

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Namespace Prefix:

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- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

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Name:

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Data Type:

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Balance Type:

Period Type:

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- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

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Name:

dei_SecurityExchangeName

Namespace Prefix:

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Data Type:

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Balance Type:

Period Type:

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

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Balance Type:

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- Definition

Trading symbol of an instrument as listed on an exchange.

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No definition available.

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

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