XML 190 R47.htm IDEA: XBRL DOCUMENT v3.25.2

Segment Reporting (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2025

Dec. 31, 2024

Segment Reporting Information [Line Items]

Schedule of segment assets reported on the consolidated balance sheet

The measure of segment assets is reported on the consolidated balance sheet as total consolidated assets. Long-lived and ROU assets located in the United States, Asia Pacific and United Kingdon region were as follows:

		December 31, 2024								December 31, 2023
		Fixed Assets				ROU Assets				Fixed Assets				ROU Assets
United States		$	1,095			$	277			$	368			$	421
Asia Pacific			913				1,175				1,038				1,477
United Kingdom			73				321				149				525
Total		$	2,081			$	1,773			$	1,555			$	2,423

Summary of net loss and Adjusted EBITDA

Net loss is as follows:

		Three Months Ended March 31,
(Amounts in thousands)		2025				2024
Revenue		$	1,007			$	549
Cost of revenue			(327	)			(306	)
Employee costs			(19,081	)			(5,700	)
Technology costs			(2,417	)			(360	)
Depreciation and amortization			(191	)			(253	)
Net interest (income)/expense			399				(229	)
Fair value changes and financing charges			(109,530	)			(8,166	)
Other segment items (a)			(17,621	)			(2,278	)
Net loss		$	(147,761	)		$	(16,743	)

(a) Other segment items includes marketing expense, professional fees, income tax expense, facilities costs, foreign currency exchange gains and losses, credit loss expense, and other overhead expenses

The following reflects our Adjusted EBITDA:

		Three Months Ended March 31,
(Amounts in thousands)		2025				2024
Net loss		$	(147,761	)		$	(16,743	)
Depreciation and amortization			191				253
Provision for income taxes			162				162
Other expenses, net			109,578				8,444
EBITDA			(37,830	)			(7,884	)
Stock-based compensation			11,040				337
Non-cash inventory cost realignment adjustments			(625	)			(25	)
Other non-recurring expenses (a)			12,035				45
Adjusted EBITDA		$	(15,380	)		$	(7,527	)

(a) Includes, but not limited to, legal, accounting and consulting fees incurred in connection with the Merger. These costs are non-recurring and are not reflective of our ongoing operating performance. Management believes that excluding these costs provides a more meaningful comparison of our performance to prior periods.

Net loss for the years ended December 31, 2024 and 2023 is as follows (in thousands):

		2024				2023
Revenue		$	1,554			$	3,856
Less: Costs and expenses
Cost of sales			579				3,656
Employee costs			31,981				23,773
Technology costs			4,694				2,693
Depreciation and amortization			886				2,040
Net interest (income)/expense			(1,903	)			255
Fair value changes and financing charges			16,187				49,454
Other segment items (a)			10,325				9,574
Net loss		$	(61,195	)		$	(87,589	)

* Other segment items included in segment net loss includes marketing expense, professional fees, income tax expense, facilities costs, foreign currency exchange gains and losses, credit loss, and other overhead expenses.

Summary of long-lived and ROU assets

The measure of segment assets is reported on the condensed consolidated balance sheet as total consolidated assets. Long-lived and ROU assets were located as follows:

		As of March 31, 2025								As of December 31, 2024
(Amounts in thousands)		Fixed Assets				ROU Assets				Fixed Assets				ROU Assets
United States		$	1,043			$	238			$	1,095			$	277
Asia Pacific			934				1,116				913				1,175
United Kingdom			77				269				73				321
Total		$	2,054			$	1,623			$	2,081			$	1,773

X

- Definition

Schedule Of Segment Assets Reported On The Consolidated Balance Sheet.

+ References

No definition available.

+ Details

Name:	bzai_ScheduleOfSegmentAssetsReportedOnTheConsolidatedBalanceSheetTableTextBlock
Namespace Prefix:	bzai_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

+ Details

Name:	us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingInformationLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration