Blaize
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Blaize (BZAI) investor relations material

Blaize Registration Filing summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Registration Filing summary27 Jan, 2026

Company overview and business model

  • Provides AI-enabled edge computing solutions with hardware and software for real-time insights and decision-making at low power, high efficiency, and low cost.

  • Offers programmable AI processors and a low-code/no-code platform for deployment in smart city, defense, retail, and enterprise markets.

  • Revenue is concentrated among a small number of significant customers, with a shift from services to hardware/software product sales in 2025.

  • Entered a $104 million contract in the Persian Gulf region for defense solutions, though no revenue has been recognized from this contract as of January 2026.

  • Completed a business combination in January 2025, resulting in a reverse merger and recapitalization.

Financial performance and metrics

  • In the first nine months of 2025, 70% of revenue came from a non-related Asia Pacific customer and 20% from a related North American customer.

  • In 2024, 98% of revenue was from two related parties in North America and Asia Pacific, primarily from services contracts that have since expired.

  • All 2025 revenue was from hardware and software product sales; no services revenue was recognized.

  • Auditors have included a going concern explanatory paragraph in their reports for both Blaize, Inc. and Blaize Holdings, Inc.

Use of proceeds and capital allocation

  • Net proceeds from securities sales will be used as set forth in the applicable prospectus supplement.

Assess the sustainability of 2025's revenue model
What are the financial implications of POCA delays?
How does going concern affect capital raising plans?
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Q4 202527 Mar, 2026
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