What is BZAI's polar warrants?

BZAI (BZAI) reported polar warrants of $8.34M in Q1 2026.

What does polar warrants mean?

This reflects the long-term fair value of outstanding warrant obligations that do not qualify for equity classification and are not due within the current fiscal year. These liabilities represent potential future equity issuance or cash settlement requirements tied to specific contractual agreements. Tracking this metric is vital for understanding long-term dilution risks and the valuation impact of complex financial instruments on the company's balance sheet.

BZAI BZAI Polar warrants

Polar warrants at other companies

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Other financials

Income statement

See full

Revenue$2.7M+172%

Gross profit$1.6M+132%

Operating income-$23.4M+38.5%

Net income-$22.7M+84.7%

EPS (diluted)-$0.19+88.2%

Balance sheet

See full

Cash & equivalents$33.5M-26.0%

Total debt$1.2M-22.4%

Total equity$25.4M+52.3%

Total assets$70.8M-29.4%

Cash flow

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Operating cash flow-$12.6M+20.8%

CapEx$116.0K-82.5%

Free cash flow-$12.7M+23.2%

Valuation

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Market cap$196.37M-29.3%

Enterprise value$164.13M-34.5%

P/S4.9×-68.8×

Profitability

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Gross margin17.6%-52.6pp

Operating margin-221%-107pp

Net margin-202.7%-100pp

FCF margin-175.1%-85.1pp

Returns & leverage

See full

Return on equity-388.1%—

Debt / equity0×0.0×

Current ratio2.5×0.0×

Where this comes from

Reported directly by BZAI in its filing.

Tagged under the XBRL concept blz:WarrantLiabilityNoncurrent.

The official record: BZAI’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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What is BZAI's polar warrants?: BZAI (BZAI) reported polar warrants of $8.34M in Q1 2026.
What does polar warrants mean?: This reflects the long-term fair value of outstanding warrant obligations that do not qualify for equity classification and are not due within the current fiscal year. These liabilities represent potential future equity issuance or cash settlement requirements tied to specific contractual agreements. Tracking this metric is vital for understanding long-term dilution risks and the valuation impact of complex financial instruments on the company's balance sheet.