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Merger and Reverse Recapitalization (Tables)
 3 Months Ended
Mar. 31, 2025
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Reconciliation of Merger To Cash Flows and Stockholders' Equity
The following table reconciles the elements of the Merger to the condensed consolidated statement of cash flows and the condensed consolidated statement of stockholders’ equity (deficit) for the three months ended March 31, 2025:
 
(Amounts in thousands)
   
Recapitalization
  
Cash - BurTech trust and cash, net of redemptions
    $ 37,259  
Less:
Non-redemption
escrow
      (33,061 ) 
Cash - PIPE
      15,295  
Less: transaction costs and advisory paid by BurTech
      (3,619 ) 
  
 
 
  
Net cash proceeds from Merger
      15,874  
Earnout share liabilities
      (126,025 ) 
Non-cash
net liabilities assumed from BurTech
      (16,013 ) 
  
 
 
  
Total Merger and PIPE financing
    $ (126,164 ) 
  
 
 
  
Schedule of Number of Shares of Common Stock Outstanding on Merger
The number of shares of common stock outstanding immediately following the consummation of the Merger:
 
BurTech Class A common stock, outstanding prior to the Merger
      10,816,995  
Sponsor forfeiture
      (2,000,000 ) 
BurTech Class A common stock subject to redemption, outstanding prior to the Merger
      4,104,543  
Shareholder Note receivable
      750,000  
Redemption of BurTech Class A common stock
      (937,844 ) 
BurTech Class A Shares in
non-redemption
escrow
      (2,854,242 ) 
  
 
 
  
Class A common stock of BurTech
      9,879,452  
PIPE shares
      1,529,500  
BurTech Class B common stock, outstanding prior to the Merger
      5  
  
 
 
  
Merger and PIPE financing shares
      11,408,957  
Legacy Blaize shares
      87,314,968  
Issuance of common stock to advisors
      94,949  
  
 
 
  
Common Stock immediately after the Merger
      98,818,874  
  
 
 
  
Schedule of Legacy Share Reconciliation
The number of Legacy Blaize shares was determined as follows:
 
    
Legacy Blaize
Shares
     
Legacy Blaize

Shares After

Conversion
  
Common stock
      17,518,791        13,663,527  
Conversion of redeemable convertible preferred stock
      44,506,781        34,712,525  
Conversion of convertible notes
      40,302,382        31,433,259  
Net exercise of warrants
      9,623,432        7,505,657  
  
 
 
     
 
 
  
Common Stock immediately after the Merger
      111,951,386        87,314,968