|
Q2 FY2026
As of Jun 30, 2026
|
Q1 FY2026
As of Mar 31, 2026
|
Q4 FY2025
As of Dec 31, 2025
|
Q3 FY2025
As of Sep 30, 2025
|
Q2 FY2025
As of Jun 30, 2025
|
Q1 FY2025
As of Mar 31, 2025
|
Q4 FY2024
As of Dec 31, 2024
|
Q3 FY2024
As of Sep 30, 2024
|
Q2 FY2024
As of Jun 30, 2024
|
Q1 FY2024
As of Mar 31, 2024
|
Q4 FY2023
As of Dec 31, 2023
|
Q3 FY2023
As of Sep 30, 2023
|
Q2 FY2023
As of Jun 30, 2023
|
Q1 FY2023
As of Mar 31, 2023
|
Q4 FY2022
As of Dec 31, 2022
|
Q3 FY2022
As of Sep 30, 2022
|
Q2 FY2022
As of Jun 30, 2022
|
Q1 FY2022
As of Mar 31, 2022
|
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||
| Current assets: | ||||||||||||||||||
| Cash and cash equivalents | ||||||||||||||||||
| Restricted cash | ||||||||||||||||||
| Due from sponsor | ||||||||||||||||||
| Trust Account - Restricted for Redeeming Shareholders | ||||||||||||||||||
| Funds held in escrow | ||||||||||||||||||
| Accounts receivable, net | ||||||||||||||||||
| Accounts receivable - related party, net | ||||||||||||||||||
| Accounts receivable, net of allowance for credit losses of $9,548 and $523, respectively | ||||||||||||||||||
| Nonrelated party | ||||||||||||||||||
| Related party | ||||||||||||||||||
| Inventories, net | ||||||||||||||||||
| Prepaid expenses and deposits | ||||||||||||||||||
| Nonrelated party | ||||||||||||||||||
| Related party | ||||||||||||||||||
| Total prepaid expenses and deposits | ||||||||||||||||||
| Other current assets | ||||||||||||||||||
| Total current assets | ||||||||||||||||||
| Investments held in Trust Account | ||||||||||||||||||
| Property and equipment, net | ||||||||||||||||||
| Deferred income tax assets | ||||||||||||||||||
| Operating lease right-of-use assets | ||||||||||||||||||
| Other assets | ||||||||||||||||||
| Assets | ||||||||||||||||||
| Liabilities and stockholders’ equity | ||||||||||||||||||
| Current liabilities | ||||||||||||||||||
| Accounts payable | ||||||||||||||||||
| Accrued expenses and other current liabilities - related party | ||||||||||||||||||
| Accrued loss on purchase commitments | ||||||||||||||||||
| Accrued compensation | ||||||||||||||||||
| Income tax payable | ||||||||||||||||||
| Derivative liability - Non-Redemption Agreement | ||||||||||||||||||
| Excise tax payable | ||||||||||||||||||
| Class A common stock subject to possible redemption | ||||||||||||||||||
| Total excise tax payable | ||||||||||||||||||
| Accounts payable | ||||||||||||||||||
| Nonrelated party | ||||||||||||||||||
| Related party | ||||||||||||||||||
| Accrued trade payables | ||||||||||||||||||
| Accrued expenses and other current liabilities | ||||||||||||||||||
| Promissory note - related party | ||||||||||||||||||
| Franchise tax payable | ||||||||||||||||||
| Due to Trust Account | ||||||||||||||||||
| Redeemed stock payable to public stockholders | ||||||||||||||||||
| Convertible promissory note - related party | ||||||||||||||||||
| Advances from sponsor | ||||||||||||||||||
| Related party | ||||||||||||||||||
| Total advances from sponsor | ||||||||||||||||||
| Accrued expenses - related party | ||||||||||||||||||
| Operating lease liabilities - current | ||||||||||||||||||
| Working capital loan - related party | ||||||||||||||||||
| Advances from related party | ||||||||||||||||||
| Warrants | ||||||||||||||||||
| Convertible notes, current | ||||||||||||||||||
| Convertible notes | ||||||||||||||||||
| Working capital loan and advances from related party | ||||||||||||||||||
| Working Capital Loan | ||||||||||||||||||
| Advances from related party | ||||||||||||||||||
| Legacy Blaize convertible notes and warrants | ||||||||||||||||||
| Unissued shares of common stock for related party settlement | ||||||||||||||||||
| Total current liabilities | ||||||||||||||||||
| Deferred underwriting commissions | ||||||||||||||||||
| Deferred underwriting commissions | ||||||||||||||||||
| Operating lease liabilities | ||||||||||||||||||
| Earnout share liabilities | ||||||||||||||||||
| Other earnout shares | ||||||||||||||||||
| Nonrelated party | ||||||||||||||||||
| Related party | ||||||||||||||||||
| Total other earnout shares | ||||||||||||||||||
| Polar warrants | ||||||||||||||||||
| Other liabilities | ||||||||||||||||||
| Total liabilities | ||||||||||||||||||
| Common stock subject to possible redemption, 2,854,242 and zero outstanding at a redemption value of approximately $33,061 and $0 as of March 31, 2025 and December 31, 2024, respectively | ||||||||||||||||||
| Class A common stock subject to possible redemption | ||||||||||||||||||
| Total common stock subject to possible redemption, 2,854,242 and zero outstanding at a redemption value of approximately $33,061 and $0 as of March 31, 2025 and December 31, 2024, respectively | ||||||||||||||||||
| Stockholders’ equity: | ||||||||||||||||||
| Common stock - $0.0001 par value; 600,000,000 and 600,000,000 shares authorized as of June 30, 2026 and December 31, 2025, respectively, and 142,778,075 and 122,043,966 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively | ||||||||||||||||||
| Class A Common Stock, par value $0.0001 per share | ||||||||||||||||||
| Non-redeemable Class A common stock | ||||||||||||||||||
| Class B Common Stock | ||||||||||||||||||
| Class A common stock not subject to possible redemption | ||||||||||||||||||
| Total common stock - $0.0001 par value; 600,000,000 and 600,000,000 shares authorized as of June 30, 2026 and December 31, 2025, respectively, and 142,778,075 and 122,043,966 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively | ||||||||||||||||||
| Additional paid-in capital | ||||||||||||||||||
| Shareholder note receivable | ||||||||||||||||||
| Accumulated other comprehensive income | ||||||||||||||||||
| Accumulated deficit | ||||||||||||||||||
| Total stockholders’ equity | ||||||||||||||||||
| Total liabilities and stockholders’ equity | ||||||||||||||||||
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