{ "schemaVersion": "deck-intelligence.v1", "id": "019de517-f242-7322-9c90-2fac9ba4bcc5", "slug": "560081893a50d4a46a4ccf24a8bc4e2d", "title": "Blend | Results Presentation Deck | 24 slides", "subtitle": "Blend Labs, Inc. ยท 2024-02", "author": "Blend Labs, Inc.", "date": "2024-02-01 00:00:00", "pageCount": 24, "kind": "conference-presentation", "orientation": "landscape", "aspectRatio": 1.7777778, "document": { "id": "019de517-f242-7322-9c90-2fac9ba4bcc5", "slug": "560081893a50d4a46a4ccf24a8bc4e2d", "title": "Blend | Results Presentation Deck | 24 slides", "rawTitle": "Blend | Results Presentation Deck | 24 slides", "authorId": "blend", "authorName": "Blend Labs, Inc.", "authorDisplay": "Blend Labs, Inc.", "kind": { "slug": "conference-presentation", "label": "Conference presentation" }, "sourceType": { "slug": "investor_relations", "label": "Investor relations" }, "fileName": "2024-02__blend__results__56008189.pdf", "sourceUrl": "https://www.slidebook.io/company/blend/presentation/560081893a50d4a46a4ccf24a8bc4e2d/", "sourceDate": "2023-11-07 00:00:00", "presentationDate": "2024-02-01 00:00:00", "ingestedAt": "2026-05-01 19:50:45.145855+00", "status": "ready", "pageCount": 24, "orientation": "landscape", "aspectRatio": 1.7777778, "targetCompany": null, "targetTicker": null, "metadata": { "corpus": "slidebook", "industry": "software-application", "local_root": "/Users/miguelsuredasuau/Desktop/lalalalla/_scrape/slidebook/decks/2024-02__blend__results__56008189", "image_width": 1920, "image_format": "jpg", "deck_type_raw": "Results Presentation Deck", "deck_type_slug": null, "source_url_pattern": "https://www.slidebook.io/company/{company_slug}/presentation/{deck_id}/" } }, "coverage": { "pageCount": 24, "pagesIndexed": 24, "pagesWithImages": 24, "pagesWithMetadata": 24, "imageCoveragePct": 100, "metadataCoveragePct": 100, "componentCount": 102, "chartCount": 11, "metricSlides": 0, "toolMatches": 15, "documentToolMatches": 0, "frameworkMatches": 0, "arcMatches": 1, "beatMatches": 3, "loopMatches": 2, "patternMatches": 0, "storymakersMatch": false, "scoreAvailable": false, "reviewAvailable": false, "activistThesisAvailable": false, "pitchdeckMetadataAvailable": false, "pitchdeckProfileAvailable": false }, "blocks": [], "matches": { "arcs": [ { "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null, "categoryName": "Narrative & Transformation", "categorySlug": "narrative-transformation" }, "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "evidence": "The document follows a sparkline narrative shape, presenting key performance indicators and financial metrics in a clear and concise manner.", "isPrimary": true, "confidence": 0.8, "extraction": { "at": "2026-07-16 23:14:31.207332+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "beats": [ { "to": 10, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null, "categoryName": "Narrative & Transformation", "categorySlug": "narrative-transformation" }, "from": 3, "name": "Key Performance Indicators Overview", "beatId": "065e591e-1aba-4c05-838f-9a1cdfbe8e25", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 3-10 provide an overview of key performance indicators, including mortgage market share, economic value per funded loan, and operating expenses.", "position": 0, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 }, { "to": 12, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null, "categoryName": "Narrative & Transformation", "categorySlug": "narrative-transformation" }, "from": 12, "name": "Revenue Buildup", "beatId": "9b649381-a282-420a-b854-f39f48f1a073", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slide 12 provides a disaggregation of revenue.", "position": 1, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 }, { "to": 24, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null, "categoryName": "Narrative & Transformation", "categorySlug": "narrative-transformation" }, "from": 11, "name": "Appendix", "beatId": "70ad90a0-31a1-435d-bcad-568dc0743004", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 11-24 provide additional information, including financial results, reconciliations, and footnotes.", "position": 2, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 9, "from": 3, "loop": { "name": "27_cost_of_inaction", "slug": "27-cost-of-inaction", "status": "active", "bestFor": "Urgent budget requests, compliance, risk mitigation", "canonId": "019dd956-70d1-7395-a15b-857ba858b394", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "description": "Quantify what happens if the audience does nothing", "familyLabel": null, "categoryName": "Urgency", "categorySlug": "urgency" }, "matchId": "45c2a38c-eba7-4c5a-a459-4c86ef1195fa", "evidence": "Slides 3-9 present the company's progress towards profitability and cash generation, implying the cost of inaction.", "position": 0, "objective": "What are the consequences of not investing in Blend Labs, Inc.?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.380296+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } }, { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null, "categoryName": "Consulting Framework", "categorySlug": "consulting-framework" }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "tools": [ { "tool": { "name": "Slide recipe: Cover", "slug": "cover-slide", "status": "active", "bestFor": null, "canonId": "019df269-2a08-767d-9128-e7431e6fe8a3", "version": 1, "bodyDocId": "019df269-29e5-7738-b5fa-6892e5dc8e65", "description": "The first ten seconds. Build it deliberately.", "familyLabel": "slide-recipe", "categoryName": "Slide", "categorySlug": "slide" }, "agent": "designer", "layer": "slide", "agents": [ "designer" ], "matchId": "668080bd-24ee-4090-ab9e-c55e93f457b3", "evidence": "This is a cover slide with a title, date, and logo.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.9, "extraction": { "at": "2026-07-17 02:00:50.989201+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 1, "whyItWorks": null, "antipattern": null, "cardinality": null, "narrativePurpose": null }, { "tool": { "name": "Chartjunk Elimination", "slug": "chartjunk-elimination", "status": "active", "bestFor": null, "canonId": "019dd956-b49e-7453-ab01-b60f338eeda1", "version": 1, "bodyDocId": null, "description": "Remove decorative elements that don't convey data: 3D effects, shadows, unnecessary gridlines", "familyLabel": null, "categoryName": "Slide", "categorySlug": "slide" }, "agent": "Designer", "layer": "slide", "agents": [ "Designer" ], "matchId": "8d8ce69c-09a4-471f-b858-0ca56217d596", "evidence": "The bar chart shows a clear and simple representation of market share data.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.7, "extraction": { "at": "2026-07-17 02:00:35.791189+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 4, "whyItWorks": null, "antipattern": null, "cardinality": null, "narrativePurpose": null }, { "tool": { "name": "Chartjunk Elimination", "slug": "chartjunk-elimination", "status": "active", "bestFor": null, "canonId": "019dd956-b49e-7453-ab01-b60f338eeda1", "version": 1, "bodyDocId": null, "description": "Remove decorative elements that don't convey data: 3D effects, shadows, unnecessary gridlines", "familyLabel": null, "categoryName": "Slide", "categorySlug": "slide" }, "agent": "Designer", "layer": "slide", "agents": [ "Designer" ], "matchId": "4f3be68c-b6bd-40fc-bd86-a5426788bf18", "evidence": "The two bar charts show a clear and simple representation of revenue data.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.7, "extraction": { "at": "2026-07-17 02:00:35.877057+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 5, "whyItWorks": null, "antipattern": null, "cardinality": null, "narrativePurpose": null }, { "tool": { "name": "Waterfall chart", "slug": "waterfall-chart", "status": "active", "bestFor": null, "canonId": "e2799da3-725f-44a9-a093-570f1f388e64", "version": 1, "bodyDocId": null, "description": null, "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "45c75fb0-ab22-4b33-ae9d-f09aca2cf8f8", "evidence": "The bar chart shows a sequential increase in economic value per funded loan.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.5, "extraction": { "at": "2026-07-17 02:00:35.95894+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 6, "whyItWorks": null, "antipattern": null, "cardinality": null, "narrativePurpose": null }, { "tool": { "name": "2x2 matrix", "slug": "matrix-2x2", "status": "active", "bestFor": null, "canonId": "019dd9e1-50ab-72d1-8afb-3ab0a38e32a8", "version": 1, "bodyDocId": null, "description": "BCG matrix, importance/urgency, any axes-and-quadrants frame.", "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "ccfdeceb-d159-4ee6-80fc-4d298f6831b7", "evidence": "The three bar charts show a comparison of gross margins across different segments.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.5, "extraction": { "at": "2026-07-17 02:00:36.042605+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 7, "whyItWorks": null, "antipattern": null, "cardinality": "common", "narrativePurpose": null }, { "tool": { "name": "Chartjunk Elimination", "slug": "chartjunk-elimination", "status": "active", "bestFor": null, "canonId": "019dd956-b49e-7453-ab01-b60f338eeda1", "version": 1, "bodyDocId": null, "description": "Remove decorative elements that don't convey data: 3D effects, shadows, unnecessary gridlines", "familyLabel": null, "categoryName": "Slide", "categorySlug": "slide" }, "agent": "Designer", "layer": "slide", "agents": [ "Designer" ], "matchId": "dd5f6483-1e24-44f2-bf32-51278a03340e", "evidence": "The three bar charts show a clear and simple representation of operating expense reductions.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.7, "extraction": { "at": "2026-07-17 02:00:36.125393+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 8, "whyItWorks": null, "antipattern": null, "cardinality": null, "narrativePurpose": null }, { "tool": { "name": "Chartjunk Elimination", "slug": "chartjunk-elimination", "status": "active", "bestFor": null, "canonId": "019dd956-b49e-7453-ab01-b60f338eeda1", "version": 1, "bodyDocId": null, "description": "Remove decorative elements that don't convey data: 3D effects, shadows, unnecessary gridlines", "familyLabel": null, "categoryName": "Slide", "categorySlug": "slide" }, "agent": "Designer", "layer": "slide", "agents": [ "Designer" ], "matchId": "0466230a-6414-4e02-92de-df90d4b4b84f", "evidence": "The bar chart shows a clear and simple representation of free cash flow data.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.7, "extraction": { "at": "2026-07-17 02:00:36.210866+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 9, "whyItWorks": null, "antipattern": null, "cardinality": null, "narrativePurpose": null }, { "tool": { "name": "Table data", "slug": "table-data", "status": "active", "bestFor": null, "canonId": "019dd9e1-4fab-7168-a82f-b847350a006d", "version": 1, "bodyDocId": null, "description": "Tabular layouts of structured data.", "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "1d0ec302-a482-4eca-a765-9752bcdb4fde", "evidence": "The table shows a clear and simple representation of guidance data.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.7, "extraction": { "at": "2026-07-17 02:00:36.298367+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 10, "whyItWorks": null, "antipattern": null, "cardinality": "common", "narrativePurpose": null }, { "tool": { "name": "Table data", "slug": "table-data", "status": "active", "bestFor": null, "canonId": "019dd9e1-4fab-7168-a82f-b847350a006d", "version": 1, "bodyDocId": null, "description": "Tabular layouts of structured data.", "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "32bd6635-7ab2-4c9c-8300-d4991eff15a7", "evidence": "The table shows a clear and simple representation of GAAP financial results.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.7, "extraction": { "at": "2026-07-17 02:00:36.425864+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 13, "whyItWorks": null, "antipattern": null, "cardinality": "common", "narrativePurpose": null }, { "tool": { "name": "Table data", "slug": "table-data", "status": "active", "bestFor": null, "canonId": "019dd9e1-4fab-7168-a82f-b847350a006d", "version": 1, "bodyDocId": null, "description": "Tabular layouts of structured data.", "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "2b2ce14c-c47a-46c2-b0e3-4c450661df27", "evidence": "The table shows a clear and simple representation of reconciliation data.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.7, "extraction": { "at": "2026-07-17 02:00:36.507803+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 15, "whyItWorks": null, "antipattern": null, "cardinality": "common", "narrativePurpose": null }, { "tool": { "name": "Table data", "slug": "table-data", "status": "active", "bestFor": null, "canonId": "019dd9e1-4fab-7168-a82f-b847350a006d", "version": 1, "bodyDocId": null, "description": "Tabular layouts of structured data.", "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "0a9c1a8d-3349-4bd9-8116-cf57ec225b7d", "evidence": "table/data: Three Months Ended September 30, 2023, 2022, Nine Months Ended September 30, 2023, 2022, GAAP operating expenses, Non-GAAP adjustments: Stock-based compensation and amortization of warrant, Compensation reali", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.9, "extraction": { "at": "2026-07-17 02:00:37.841806+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 16, "whyItWorks": null, "antipattern": null, "cardinality": "common", "narrativePurpose": null }, { "tool": { "name": "Table data", "slug": "table-data", "status": "active", "bestFor": null, "canonId": "019dd9e1-4fab-7168-a82f-b847350a006d", "version": 1, "bodyDocId": null, "description": "Tabular layouts of structured data.", "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "87da4c34-915f-413c-948f-0ba3bbd0011f", "evidence": "table/data: GAAP basic net loss per share Non-GAAP adjustments: Net loss attributable to noncontrolling interest Accretion of redeemable noncontrolling interest to redemption value Stock-based compensation and amortizati", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.9, "extraction": { "at": "2026-07-17 02:00:37.926816+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 17, "whyItWorks": null, "antipattern": null, "cardinality": "common", "narrativePurpose": null }, { "tool": { "name": "Table data", "slug": "table-data", "status": "active", "bestFor": null, "canonId": "019dd9e1-4fab-7168-a82f-b847350a006d", "version": 1, "bodyDocId": null, "description": "Tabular layouts of structured data.", "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "9abe12d1-f9e4-47bc-99b3-c1510d2ae0ab", "evidence": "table/data: GAAP research and development expense, Non-GAAP adjustments (Stock-based compensation and amortization of warrant, Compensation realignment cost), Non-GAAP research and development expense, GAAP sales and mar", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.9, "extraction": { "at": "2026-07-17 02:00:38.024311+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 18, "whyItWorks": null, "antipattern": null, "cardinality": "common", "narrativePurpose": null }, { "tool": { "name": "Table data", "slug": "table-data", "status": "active", "bestFor": null, "canonId": "019dd9e1-4fab-7168-a82f-b847350a006d", "version": 1, "bodyDocId": null, "description": "Tabular layouts of structured data.", "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "209bb68e-01b8-4226-9cf7-54e0daa34e40", "evidence": "table/data: Net cash used in operating activities (25,887) (34,390) (46,653) (47,333) (50,485) Additions to property, equipment, internal-use software and intangible assets (31) (170) (304) (458) (446) Free cash flow (25", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.9, "extraction": { "at": "2026-07-17 02:00:38.154174+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 20, "whyItWorks": null, "antipattern": null, "cardinality": "common", "narrativePurpose": null }, { "tool": { "name": "Table data", "slug": "table-data", "status": "active", "bestFor": null, "canonId": "019dd9e1-4fab-7168-a82f-b847350a006d", "version": 1, "bodyDocId": null, "description": "Tabular layouts of structured data.", "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "b57c829d-5658-41e0-9575-64bc934bf3bf", "evidence": "table/data: Weighted average shares used in calculating net loss per share (basic and diluted) 246,410 244,057 Dilutive securities(1) 5,610 2,080 Estimated weighted average shares used in calculating net loss per share (", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.9, "extraction": { "at": "2026-07-17 02:00:38.239094+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 21, "whyItWorks": null, "antipattern": null, "cardinality": "common", "narrativePurpose": null } ], "frameworks": [], "patterns": [] }, "storymakers": null, "score": null, "review": null, "activistThesis": null, "pitchdeck": { "metadata": null, "profile": null }, "slides": [ { "page": 1, "type": "setup", "function": "front_matter", "imagePath": "https://imgproxy.kitesheet.com/7sLvlowLlOX6z70zSBT6pXFXO0_jvZaMixOlLk56T8I/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy81NjAwODE4OTNhNTBkNGE0NmE0Y2NmMjRhOGJjNGUyZC9wMDAxLmpwZw", "rawType": "cover", "block": null, "metadata": { "slideType": "cover", "slideTypeCanon": { "name": "Cover", "slug": "cover", "status": "active", "canonId": "019de52d-05f2-729d-9f93-e0504f0a2410", "version": 1, "description": null }, "function": "front_matter", "functionCanon": { "name": "Front matter", "slug": "front_matter", "status": "active", "canonId": "019de52d-133d-73f0-9e26-201eda96b098", "version": 1, "description": null }, "density": "sparse", "densityScore": 21, "componentCount": 4, "textChars": 73, "nDataPoints": 0, "notes": null, "elementsJson": null, "confidence": 1, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:39.856+00", "seconds": 3.468, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/1", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-1", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.029, "w": 0.109, "x": 0.033, "y": 0.044 }, "kind": "image", "text": "blend", "attrs": null, "canon": { "kind": { "name": "Image", "slug": "image", "status": "active", "canonId": "019de52c-f978-701f-a720-51d029d769e7", "version": 1, "description": "Photo, illustration, screenshot or icon." }, "tool": null, "subkind": { "name": "Logo", "slug": "logo", "status": "active", "canonId": "019de52c-fdaf-743d-94c4-d7c6a0e55302", "version": 1, "description": null }, "framework": null }, "subkind": "logo", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:39.856+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "39b753c0-12ff-4c26-8512-bf0d57add551", "parentComponentId": null }, { "bbox": { "h": 0.06, "w": 0.209, "x": 0.033, "y": 0.53 }, "kind": "paragraph", "text": "Q3 2023 Earnings\nSupplemental Slides", "attrs": null, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:39.856+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "0457946d-2ad9-454f-94fa-5d0092ed7eac", "parentComponentId": null }, { "bbox": { "h": 0.019, "w": 0.16, "x": 0.033, "y": 0.92 }, "kind": "paragraph", "text": "NOVEMBER 7, 2023", "attrs": null, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:39.856+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "d5c6cf11-7795-4a14-a4dd-c849caff3481", "parentComponentId": null }, { "bbox": { "h": 0.09, "w": 0.54, "x": 0.033, "y": 0.31 }, "kind": "title", "text": "Blend Labs, Inc.", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:39.856+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "83d003ad-a025-44ca-b426-5bf3c82176d6", "parentComponentId": null } ], "metrics": [], "tools": [ { "tool": { "name": "Slide recipe: Cover", "slug": "cover-slide", "status": "active", "bestFor": null, "canonId": "019df269-2a08-767d-9128-e7431e6fe8a3", "version": 1, "bodyDocId": "019df269-29e5-7738-b5fa-6892e5dc8e65", "description": "The first ten seconds. Build it deliberately.", "familyLabel": "slide-recipe", "categoryName": "Slide", "categorySlug": "slide" }, "agent": "designer", "layer": "slide", "agents": [ "designer" ], "matchId": "668080bd-24ee-4090-ab9e-c55e93f457b3", "evidence": "This is a cover slide with a title, date, and logo.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.9, "extraction": { "at": "2026-07-17 02:00:50.989201+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 1, "whyItWorks": null, "antipattern": null, "cardinality": null, "narrativePurpose": null } ], "frameworks": [], "arcBeats": [], "loops": [], "thumbSrc": "https://imgproxy.kitesheet.com/pYoDNNiJn_-GSt0rB9DuJiealTd9aLvyyFsdFxizFxQ/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy81NjAwODE4OTNhNTBkNGE0NmE0Y2NmMjRhOGJjNGUyZC9wMDAxLmpwZw", "imagePathAlt": "https://imgproxy.kitesheet.com/88SDNqYh3O6vzLUAtMilJ7G-Gn5wwiwCLQyebo-y5dw/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy81NjAwODE4OTNhNTBkNGE0NmE0Y2NmMjRhOGJjNGUyZC9wMDAxLnBuZw", "thumbSrcAlt": "https://imgproxy.kitesheet.com/KlqyMQ44RUh1ZVmHKUCuS5qQ6bxoF3gh2RmXhRQXbOM/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy81NjAwODE4OTNhNTBkNGE0NmE0Y2NmMjRhOGJjNGUyZC9wMDAxLnBuZw" }, { "page": 2, "type": "setup", "function": "front_matter", "rawType": "disclaimer", "block": null, "metadata": { "slideType": "disclaimer", "slideTypeCanon": { "name": "Disclaimer", "slug": "disclaimer", "status": "active", "canonId": "019de52d-0801-727b-b98a-5ed095aeee78", "version": 1, "description": null }, "function": "front_matter", "functionCanon": { "name": "Front matter", "slug": "front_matter", "status": "active", "canonId": "019de52d-133d-73f0-9e26-201eda96b098", "version": 1, "description": null }, "density": "overcrowded", "densityScore": 75, "componentCount": 6, "textChars": 6485, "nDataPoints": 0, "notes": null, "elementsJson": null, "confidence": 1, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:44.491+00", "seconds": 8.068, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/2", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-2", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.08, "w": 0.939, "x": 0.029, "y": 0.819 }, "kind": "disclaimer", "text": "This presentation contains statistical data, estimates and forecasts that are based on independent industry publications or other publicly available information, as well as other information based on Blend's internal sources. This information involves many assumptions and limitations, and you are cautioned not to give undue weight to such information. Blend has not independently verified the accuracy or completeness of the information contained in the industry publications and other publicly available information. Accordingly, Blend makes no representations as to the accuracy or completeness of that information nor does Blend undertake to update such information after the date of this presentation.", "attrs": null, "canon": { "kind": { "name": "Disclaimer", "slug": "disclaimer", "status": "active", "canonId": "91173477-d91f-4024-bbaf-d4f93e3f82dc", "version": 1, "description": "Legal/cautionary text that occupies most of the body of its slide." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.491+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "068f65db-8712-4801-9bde-a3cacd7f5abf", "parentComponentId": null }, { "bbox": { "h": 0.31, "w": 0.939, "x": 0.029, "y": 0.41 }, "kind": "disclaimer", "text": "In addition to financial information presented in accordance with U.S. generally accepted accounting principles (\"GAAP\"), this presentation includes certain non-GAAP financial measures, including non-GAAP gross profit, non-GAAP gross margin %, non-GAAP operating expenses, non-GAAP loss from operations, non-GAAP basic net loss per share, and non-GAAP net loss. These non-GAAP financial measures adjust the related GAAP financial measures to exclude non-cash stock-based compensation and warrant amortization expense, compensation realignment costs, amortization of acquired intangible assets, impairment of intangible assets and goodwill, restructuring costs, litigation contingencies, foreign currency gains and losses, non-recurring transaction-related costs, and non-recurring income tax expenses or benefits related to acquisitions. In addition, our non-GAAP financial measures include measures related to our liquidity, such as free cash flow, unlevered free cash flow and free cash flow margin. Free cash flow is defined as net cash flow from operating activities less cash spent on additions to property, equipment, internal-use software and intangible assets. Unlevered free cash flow is defined as free cash flow plus cash paid for interest on our outstanding debt. Free cash flow margin is defined as free cash flow divided by total revenue. These non-GAAP measures are presented for supplemental informational purposes only and should not be considered a substitute for financial information presented in accordance with GAAP. Blend's management uses these non-GAAP financial measures internally in analyzing its financial results and believes they are useful to investors, as a supplement to the corresponding GAAP financial measures, in evaluating Blend's ongoing operational performance and trends, in allowing for greater transparency with respect to measures used by Blend's management in their financial and operational decision making, and in comparing Blend's results of operations with other companies in the same industry, many of which present similar non-GAAP financial measures to help investors understand the operational performance of their businesses. However, it is important to note that the particular items excluded from, or included in, these non-GAAP financial measures may differ from the items excluded from, or included in, similar non-GAAP financial measures used by other companies in the same industry. In addition, other companies may utilize metrics that are not similar to Blend's.", "attrs": null, "canon": { "kind": { "name": "Disclaimer", "slug": "disclaimer", "status": "active", "canonId": "91173477-d91f-4024-bbaf-d4f93e3f82dc", "version": 1, "description": "Legal/cautionary text that occupies most of the body of its slide." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.491+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "5f83f824-2edc-4209-bd85-e1a6f775a8d6", "parentComponentId": null }, { "bbox": { "h": 0.27, "w": 0.939, "x": 0.029, "y": 0.12 }, "kind": "disclaimer", "text": "This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or Blend's future financial or operating performance. IIn some cases, you can identify forward looking statements because they contain words such as \"may,\" \"might,\" \"will,\" \"should,\" \"expect,\" \"plan,\" \"anticipate,\" \"could,\" \"would,\" \"intend,\" \"target,\" \"project,\" \"contemplate,\" \"believe,\" \"estimate,\" \"predict,\" \"potential\" or \"continue\" or the negative of these words or other similar terms or expressions that concern Blend's expectations, strategy, priorities, plans or intentions. Forward-looking statements in this presentation include, but are not limited to, statements regarding Blend's financial condition and operating performance, including its outlook, market size and growth opportunities, capital expenditures, plans for future operations, competitive positions, technological capabilities, strategic relationships, Blend's opportunity to increase market share and penetration in its existing customers, projections for a sharp decrease in mortgage loan origination volumes, other macroeconomic and industry conditions, Blend's ability to create long-term value for our customers, and Blend's expectations for revenue growth. If any of the risks or uncertainties related to the forward-looking statements develop or if any of the assumptions related to the forward-looking statements prove incorrect, actual results could differ materially from those projected, expressed, or implied by our forward-looking statements. The forward-looking statements contained in this presentation are also subject to other risks and uncertainties, including those more fully described in Blend's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2022 and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2023, June 30, 2023, and September 30, 2023 that will be filed following this presentation. All forward-looking statements in this presentation are based on information available to Blend and assumptions and beliefs as of the date hereof, and Blend disclaims any obligation to update any forward-looking statements, except as required by law.", "attrs": null, "canon": { "kind": { "name": "Disclaimer", "slug": "disclaimer", "status": "active", "canonId": "91173477-d91f-4024-bbaf-d4f93e3f82dc", "version": 1, "description": "Legal/cautionary text that occupies most of the body of its slide." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.491+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "79151951-6ca2-472c-910b-004060c0225f", "parentComponentId": null }, { "bbox": { "h": 0.07, "w": 0.939, "x": 0.029, "y": 0.74 }, "kind": "disclaimer", "text": "The non-GAAP financial information is presented for supplemental informational purposes only and is not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with GAAP. There are material limitations associated with the use of non-GAAP financial measures since they exclude significant expenses and income that are required by GAAP to be recorded in Blend's financial statements. Please see the reconciliation tables at the end of this presentation for the reconciliation of GAAP and non-GAAP results. Management encourages investors and others to review Blend's financial information in its entirety and not rely on a single financial measure.", "attrs": null, "canon": { "kind": { "name": "Disclaimer", "slug": "disclaimer", "status": "active", "canonId": "91173477-d91f-4024-bbaf-d4f93e3f82dc", "version": 1, "description": "Legal/cautionary text that occupies most of the body of its slide." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.491+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "b749c767-57c0-4e89-a230-3fbc778cf7c9", "parentComponentId": null }, { "bbox": { "h": 0.04, "w": 0.078, "x": 0.89, "y": 0.89 }, "kind": "image", "text": "blend", "attrs": null, "canon": { "kind": { "name": "Image", "slug": "image", "status": "active", "canonId": "019de52c-f978-701f-a720-51d029d769e7", "version": 1, "description": "Photo, illustration, screenshot or icon." }, "tool": null, "subkind": { "name": "Logo", "slug": "logo", "status": "active", "canonId": "019de52c-fdaf-743d-94c4-d7c6a0e55302", "version": 1, "description": null }, "framework": null }, "subkind": "logo", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.491+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "a3039993-7f1f-4eab-89f7-f5403b95af30", "parentComponentId": null }, { "bbox": { "h": 0.03, "w": 0.939, "x": 0.029, "y": 0.06 }, "kind": "title", "text": "Forward-Looking Statements and Non-GAAP Financial Measures", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.491+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "07d6d780-41ed-4dc4-8eaf-d8e5750fcd7d", "parentComponentId": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "locked": true }, { "page": 3, "type": "setup", "function": "summarize", "rawType": "kpi_overview", "block": null, "metadata": { "slideType": "kpi_overview", "slideTypeCanon": { "name": "KPI overview (contrarian)", "slug": "kpi_overview", "status": "active", "canonId": "019de52d-11d5-7328-b1d1-5368a03e7796", "version": 1, "description": null }, "function": "summarize", "functionCanon": { "name": "Summarize", "slug": "summarize", "status": "active", "canonId": "019de52d-1541-704f-b86f-bf7b75056373", "version": 1, "description": null }, "density": "dense", "densityScore": 55, "componentCount": 5, "textChars": 372, "nDataPoints": 3, "notes": null, "elementsJson": null, "confidence": 0.9, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:41.452+00", "seconds": 3.694, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/3", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-3", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.03, "w": 0.07, "x": 0.89, "y": 0.88 }, "kind": "image", "text": "blend", "attrs": null, "canon": { "kind": { "name": "Image", "slug": "image", "status": "active", "canonId": "019de52c-f978-701f-a720-51d029d769e7", "version": 1, "description": "Photo, illustration, screenshot or icon." }, "tool": null, "subkind": { "name": "Logo", "slug": "logo", "status": "active", "canonId": "019de52c-fdaf-743d-94c4-d7c6a0e55302", "version": 1, "description": null }, "framework": null }, "subkind": "logo", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:41.452+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "284237a3-b011-4a74-854d-ff06de7901b1", "parentComponentId": null }, { "bbox": { "h": 0.12, "w": 0.87, "x": 0.03, "y": 0.7 }, "kind": "list", "text": "Quarterly cash consumption approximately half of same period prior year levels as operating cost efficiency programs come into full effect", "attrs": null, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:41.452+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "92a0488e-c4b2-4277-86de-9a689d65026e", "parentComponentId": null }, { "bbox": { "h": 0.08, "w": 0.87, "x": 0.03, "y": 0.19 }, "kind": "list", "text": "Revenue of $40.6 million in-line with revised guidance and outperformed industry volumes", "attrs": null, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:41.452+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "93498c01-9702-4a2e-bc52-da36c5dbd65f", "parentComponentId": null }, { "bbox": { "h": 0.12, "w": 0.87, "x": 0.03, "y": 0.42 }, "kind": "list", "text": "3% expansion in non-GAAP Platform gross margins reflect improved operating leverage despite a challenging market", "attrs": null, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:41.452+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "a412ab12-6d95-4ce8-a4cc-bfa4bcfb4ed0", "parentComponentId": null }, { "bbox": { "h": 0.02, "w": 0.36, "x": 0.03, "y": 0.06 }, "kind": "title", "text": "Third Quarter 2023 Highlights", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:41.452+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "ffdc549d-f0f0-4915-b881-896a200406bb", "parentComponentId": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 10, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 3, "name": "Key Performance Indicators Overview", "beatId": "065e591e-1aba-4c05-838f-9a1cdfbe8e25", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 3-10 provide an overview of key performance indicators, including mortgage market share, economic value per funded loan, and operating expenses.", "position": 0, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 9, "from": 3, "loop": { "name": "27_cost_of_inaction", "slug": "27-cost-of-inaction", "status": "active", "bestFor": "Urgent budget requests, compliance, risk mitigation", "canonId": "019dd956-70d1-7395-a15b-857ba858b394", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "description": "Quantify what happens if the audience does nothing", "familyLabel": null }, "matchId": "45c2a38c-eba7-4c5a-a459-4c86ef1195fa", "evidence": "Slides 3-9 present the company's progress towards profitability and cash generation, implying the cost of inaction.", "position": 0, "objective": "What are the consequences of not investing in Blend Labs, Inc.?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.380296+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } }, { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 4, "type": "setup", "function": "quantify_opportunity", "rawType": "kpi_overview", "block": null, "metadata": { "slideType": "kpi_overview", "slideTypeCanon": { "name": "KPI overview (contrarian)", "slug": "kpi_overview", "status": "active", "canonId": "019de52d-11d5-7328-b1d1-5368a03e7796", "version": 1, "description": null }, "function": "quantify_opportunity", "functionCanon": { "name": "Quantify opportunity", "slug": "quantify_opportunity", "status": "active", "canonId": "019de52d-17e4-726f-aa15-83350acef1dd", "version": 1, "description": null }, "density": "balanced", "densityScore": 39, "componentCount": 4, "textChars": 252, "nDataPoints": 8, "notes": null, "elementsJson": null, "confidence": 0.9, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:42.686+00", "seconds": 4.436, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/4", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-4", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.77, "w": 0.58, "x": 0.39, "y": 0.06 }, "kind": "chart", "text": "Market Share 30% 20% 10% 0% 6.5% 8.9% 10.1% 12.4% 14.5% 17.2% 20.5% 19.8% 2019 H2 2020 H1 2020 H2 2021 H1 2021 H2 2022 H1 2022 H2 2023 H1", "attrs": null, "canon": { "kind": { "name": "Chart", "slug": "chart", "status": "active", "canonId": "019de52c-f9a0-76ef-adc6-0b859109d1f8", "version": 1, "description": "Quantitative chart." }, "tool": null, "subkind": { "name": "Vertical bar chart", "slug": "bar-vertical", "status": "active", "canonId": "019de52c-fe9d-70f2-b3b7-a9ae294f5917", "version": 1, "description": null }, "framework": null }, "subkind": "bar-vertical", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:42.686+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "845f7b13-adc4-405f-a603-1fff2a3b5e32", "parentComponentId": null }, { "bbox": { "h": 0.02, "w": 0.24, "x": 0.39, "y": 0.83 }, "kind": "list", "text": "Blend funded loans total market share*", "attrs": null, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:42.686+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "cb5564fc-9d59-47dc-bc76-acc7f22e5d3e", "parentComponentId": null }, { "bbox": { "h": 0.01, "w": 0.2, "x": 0.41, "y": 0.92 }, "kind": "source-note", "text": "* See Note 1 included in Appendix", "attrs": null, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:42.686+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "b0de0f1d-3fb1-41f0-9e7e-0de204a0b276", "parentComponentId": null }, { "bbox": { "h": 0.07, "w": 0.33, "x": 0.03, "y": 0.06 }, "kind": "title", "text": "Building and Capturing Mortgage Market Share", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:42.686+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "c3f8c26b-1cae-43ab-8919-e2dcf657c806", "parentComponentId": null } ], "metrics": [], "tools": [ { "tool": { "name": "Chartjunk Elimination", "slug": "chartjunk-elimination", "status": "active", "bestFor": null, "canonId": "019dd956-b49e-7453-ab01-b60f338eeda1", "version": 1, "bodyDocId": null, "description": "Remove decorative elements that don't convey data: 3D effects, shadows, unnecessary gridlines", "familyLabel": null, "categoryName": "Slide", "categorySlug": "slide" }, "agent": "Designer", "layer": "slide", "agents": [ "Designer" ], "matchId": "8d8ce69c-09a4-471f-b858-0ca56217d596", "evidence": "The bar chart shows a clear and simple representation of market share data.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.7, "extraction": { "at": "2026-07-17 02:00:35.791189+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 4, "whyItWorks": null, "antipattern": null, "cardinality": null, "narrativePurpose": null } ], "frameworks": [], "arcBeats": [ { "to": 10, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 3, "name": "Key Performance Indicators Overview", "beatId": "065e591e-1aba-4c05-838f-9a1cdfbe8e25", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 3-10 provide an overview of key performance indicators, including mortgage market share, economic value per funded loan, and operating expenses.", "position": 0, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 9, "from": 3, "loop": { "name": "27_cost_of_inaction", "slug": "27-cost-of-inaction", "status": "active", "bestFor": "Urgent budget requests, compliance, risk mitigation", "canonId": "019dd956-70d1-7395-a15b-857ba858b394", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "description": "Quantify what happens if the audience does nothing", "familyLabel": null }, "matchId": "45c2a38c-eba7-4c5a-a459-4c86ef1195fa", "evidence": "Slides 3-9 present the company's progress towards profitability and cash generation, implying the cost of inaction.", "position": 0, "objective": "What are the consequences of not investing in Blend Labs, Inc.?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.380296+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } }, { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 5, "type": "setup", "function": "frame_situation", "rawType": "kpi_overview", "block": null, "metadata": { "slideType": "kpi_overview", "slideTypeCanon": { "name": "KPI overview (contrarian)", "slug": "kpi_overview", "status": "active", "canonId": "019de52d-11d5-7328-b1d1-5368a03e7796", "version": 1, "description": null }, "function": "frame_situation", "functionCanon": { "name": "Frame situation", "slug": "frame_situation", "status": "active", "canonId": "019de52d-17bc-718f-8752-05ef2b72d7b3", "version": 1, "description": null }, "density": "dense", "densityScore": 60, "componentCount": 5, "textChars": 446, "nDataPoints": 10, "notes": null, "elementsJson": null, "confidence": 0.9, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:44.253+00", "seconds": 5.492, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/5", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-5", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.595, "w": 0.425, "x": 0.0783, "y": 0.1883 }, "kind": "chart", "text": "Consumer Banking Suite* Revenue 18% YoY increase Q3 2022: $5.3M, Q4 2022: $5.1M, Q1 2023: $5.2M, Q2 2023: $5.8M, Q3 2023: $6.2M", "attrs": null, "canon": { "kind": { "name": "Chart", "slug": "chart", "status": "active", "canonId": "019de52c-f9a0-76ef-adc6-0b859109d1f8", "version": 1, "description": "Quantitative chart." }, "tool": null, "subkind": { "name": "Vertical bar chart", "slug": "bar-vertical", "status": "active", "canonId": "019de52c-fe9d-70f2-b3b7-a9ae294f5917", "version": 1, "description": null }, "framework": null }, "subkind": "bar-vertical", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.253+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "4cdf37f0-b258-4d4f-96ad-c761b866b66c", "parentComponentId": null }, { "bbox": { "h": 0.595, "w": 0.425, "x": 0.525, "y": 0.1883 }, "kind": "chart", "text": "Mortgage Suite* Revenue Down 11% YoY despite an estimated 14% decline in industry-wide mortgage loan origination volumes Q3 2022: $22.9M, Q4 2022: $18.1M, Q1 2023: $17.8M, Q2 2023: $22.3M, Q3 2023: $20.3M", "attrs": null, "canon": { "kind": { "name": "Chart", "slug": "chart", "status": "active", "canonId": "019de52c-f9a0-76ef-adc6-0b859109d1f8", "version": 1, "description": "Quantitative chart." }, "tool": null, "subkind": { "name": "Vertical bar chart", "slug": "bar-vertical", "status": "active", "canonId": "019de52c-fe9d-70f2-b3b7-a9ae294f5917", "version": 1, "description": null }, "framework": null }, "subkind": "bar-vertical", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.253+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "cf398e8e-0b52-44a5-997b-cf959afb33cd", "parentComponentId": null }, { "bbox": { "h": 0.015, "w": 0.2267, "x": 0.535, "y": 0.8817 }, "kind": "source-note", "text": "* See Note 3 included in Appendix", "attrs": null, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.253+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "54814389-910f-4a5d-97f5-4adaa78a9a64", "parentComponentId": null }, { "bbox": { "h": 0.015, "w": 0.2267, "x": 0.0817, "y": 0.8817 }, "kind": "source-note", "text": "*See Note 2 included in Appendix", "attrs": null, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.253+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "7461a84c-ec30-4800-9d7f-656939e80623", "parentComponentId": null }, { "bbox": { "h": 0.0325, "w": 0.7667, "x": 0.0308, "y": 0.0608 }, "kind": "title", "text": "Blend's Continued Progress in a Challenging Market", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.253+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "c2066a87-7d38-4e0a-b013-76cc97dd394a", "parentComponentId": null } ], "metrics": [], "tools": [ { "tool": { "name": "Chartjunk Elimination", "slug": "chartjunk-elimination", "status": "active", "bestFor": null, "canonId": "019dd956-b49e-7453-ab01-b60f338eeda1", "version": 1, "bodyDocId": null, "description": "Remove decorative elements that don't convey data: 3D effects, shadows, unnecessary gridlines", "familyLabel": null, "categoryName": "Slide", "categorySlug": "slide" }, "agent": "Designer", "layer": "slide", "agents": [ "Designer" ], "matchId": "4f3be68c-b6bd-40fc-bd86-a5426788bf18", "evidence": "The two bar charts show a clear and simple representation of revenue data.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.7, "extraction": { "at": "2026-07-17 02:00:35.877057+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 5, "whyItWorks": null, "antipattern": null, "cardinality": null, "narrativePurpose": null } ], "frameworks": [], "arcBeats": [ { "to": 10, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 3, "name": "Key Performance Indicators Overview", "beatId": "065e591e-1aba-4c05-838f-9a1cdfbe8e25", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 3-10 provide an overview of key performance indicators, including mortgage market share, economic value per funded loan, and operating expenses.", "position": 0, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 9, "from": 3, "loop": { "name": "27_cost_of_inaction", "slug": "27-cost-of-inaction", "status": "active", "bestFor": "Urgent budget requests, compliance, risk mitigation", "canonId": "019dd956-70d1-7395-a15b-857ba858b394", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "description": "Quantify what happens if the audience does nothing", "familyLabel": null }, "matchId": "45c2a38c-eba7-4c5a-a459-4c86ef1195fa", "evidence": "Slides 3-9 present the company's progress towards profitability and cash generation, implying the cost of inaction.", "position": 0, "objective": "What are the consequences of not investing in Blend Labs, Inc.?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.380296+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } }, { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 6, "type": "setup", "function": "quantify_opportunity", "rawType": "kpi_overview", "block": null, "metadata": { "slideType": "kpi_overview", "slideTypeCanon": { "name": "KPI overview (contrarian)", "slug": "kpi_overview", "status": "active", "canonId": "019de52d-11d5-7328-b1d1-5368a03e7796", "version": 1, "description": null }, "function": "quantify_opportunity", "functionCanon": { "name": "Quantify opportunity", "slug": "quantify_opportunity", "status": "active", "canonId": "019de52d-17e4-726f-aa15-83350acef1dd", "version": 1, "description": null }, "density": "dense", "densityScore": 57, "componentCount": 5, "textChars": 380, "nDataPoints": 7, "notes": null, "elementsJson": null, "confidence": 0.9, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:44.252+00", "seconds": 4.826, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/6", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-6", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.59, "w": 0.78, "x": 0.12, "y": 0.19 }, "kind": "chart", "text": "Q1 2022: $69, Q2 2022: $74, Q3 2022: $77, Q4 2022: $82, Q1 2023: $85, Q2 2023: $86, Q3 2023: $86", "attrs": { "x_axis_label": "Quarter", "y_axis_label": "Economic Value ($)" }, "canon": { "kind": { "name": "Chart", "slug": "chart", "status": "active", "canonId": "019de52c-f9a0-76ef-adc6-0b859109d1f8", "version": 1, "description": "Quantitative chart." }, "tool": null, "subkind": { "name": "Vertical bar chart", "slug": "bar-vertical", "status": "active", "canonId": "019de52c-fe9d-70f2-b3b7-a9ae294f5917", "version": 1, "description": null }, "framework": null }, "subkind": "bar-vertical", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.252+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "616ee855-b06b-492c-b5db-c66adddd2ccd", "parentComponentId": null }, { "bbox": { "h": 0.015, "w": 0.22, "x": 0.029, "y": 0.91 }, "kind": "source-note", "text": "* See Note 4 included in Appendix", "attrs": null, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.252+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "bea9d0d6-2dda-4528-a53a-65e5c589e1f9", "parentComponentId": null }, { "bbox": { "h": 0.015, "w": 0.49, "x": 0.029, "y": 0.929 }, "kind": "source-note", "text": "**Includes estimated transactions from funded loan reports not yet received", "attrs": null, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.252+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "d95740f0-1b79-4f85-a8f5-35a14a7daf1f", "parentComponentId": null }, { "bbox": { "h": 0.026, "w": 0.94, "x": 0.029, "y": 0.099 }, "kind": "title", "text": "Growing usage of add-on products and gains in core mortgage have driven year-over-year expansion in economic value per funded loan", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Action title", "slug": "action-title", "status": "active", "canonId": "019de52c-fb31-734c-a0f5-a3935b73135d", "version": 1, "description": null }, "framework": null }, "subkind": "action-title", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.252+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "b7c66361-243d-4109-9e7a-babf337c2928", "parentComponentId": null }, { "bbox": { "h": 0.029, "w": 0.68, "x": 0.029, "y": 0.06 }, "kind": "title", "text": "Mortgage Suite economic value per funded loan*", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.252+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "a0ede1d7-7cdb-4194-bdb6-4588c806b380", "parentComponentId": null } ], "metrics": [], "tools": [ { "tool": { "name": "Waterfall chart", "slug": "waterfall-chart", "status": "active", "bestFor": null, "canonId": "e2799da3-725f-44a9-a093-570f1f388e64", "version": 1, "bodyDocId": null, "description": null, "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "45c75fb0-ab22-4b33-ae9d-f09aca2cf8f8", "evidence": "The bar chart shows a sequential increase in economic value per funded loan.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.5, "extraction": { "at": "2026-07-17 02:00:35.95894+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 6, "whyItWorks": null, "antipattern": null, "cardinality": null, "narrativePurpose": null } ], "frameworks": [], "arcBeats": [ { "to": 10, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 3, "name": "Key Performance Indicators Overview", "beatId": "065e591e-1aba-4c05-838f-9a1cdfbe8e25", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 3-10 provide an overview of key performance indicators, including mortgage market share, economic value per funded loan, and operating expenses.", "position": 0, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 9, "from": 3, "loop": { "name": "27_cost_of_inaction", "slug": "27-cost-of-inaction", "status": "active", "bestFor": "Urgent budget requests, compliance, risk mitigation", "canonId": "019dd956-70d1-7395-a15b-857ba858b394", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "description": "Quantify what happens if the audience does nothing", "familyLabel": null }, "matchId": "45c2a38c-eba7-4c5a-a459-4c86ef1195fa", "evidence": "Slides 3-9 present the company's progress towards profitability and cash generation, implying the cost of inaction.", "position": 0, "objective": "What are the consequences of not investing in Blend Labs, Inc.?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.380296+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } }, { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 7, "type": "setup", "function": "summarize", "rawType": "kpi_overview", "block": null, "metadata": { "slideType": "kpi_overview", "slideTypeCanon": { "name": "KPI overview (contrarian)", "slug": "kpi_overview", "status": "active", "canonId": "019de52d-11d5-7328-b1d1-5368a03e7796", "version": 1, "description": null }, "function": "summarize", "functionCanon": { "name": "Summarize", "slug": "summarize", "status": "active", "canonId": "019de52d-1541-704f-b86f-bf7b75056373", "version": 1, "description": null }, "density": "dense", "densityScore": 57, "componentCount": 5, "textChars": 354, "nDataPoints": 15, "notes": null, "elementsJson": null, "confidence": 0.9, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:45.598+00", "seconds": 5.951, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/7", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-7", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.6, "w": 0.29, "x": 0.12, "y": 0.22 }, "kind": "chart", "text": "Software Gross Margins Non-GAAP: Q3 2022: 76%, Q4 2022: 72%, Q1 2023: 75%, Q2 2023: 81%, Q3 2023: 79%", "attrs": { "chart_type": "bar", "series_names": [ "Software Gross Margins" ], "x_axis_labels": [ "Q3 2022", "Q4 2022", "Q1 2023", "Q2 2023", "Q3 2023" ], "y_axis_labels": [ "0%", "20%", "40%", "60%", "80%", "100%" ] }, "canon": { "kind": { "name": "Chart", "slug": "chart", "status": "active", "canonId": "019de52c-f9a0-76ef-adc6-0b859109d1f8", "version": 1, "description": "Quantitative chart." }, "tool": null, "subkind": { "name": "Vertical bar chart", "slug": "bar-vertical", "status": "active", "canonId": "019de52c-fe9d-70f2-b3b7-a9ae294f5917", "version": 1, "description": null }, "framework": null }, "subkind": "bar-vertical", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:45.598+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "1c5942dc-6555-47fb-94e4-0020e191cb5a", "parentComponentId": null }, { "bbox": { "h": 0.6, "w": 0.29, "x": 0.42, "y": 0.22 }, "kind": "chart", "text": "Platform Gross Margins Non-GAAP: Q3 2022: 68%, Q4 2022: 59%, Q1 2023: 67%, Q2 2023: 74%, Q3 2023: 71%", "attrs": { "chart_type": "bar", "series_names": [ "Platform Gross Margins" ], "x_axis_labels": [ "Q3 2022", "Q4 2022", "Q1 2023", "Q2 2023", "Q3 2023" ], "y_axis_labels": [ "0%", "20%", "40%", "60%", "80%", "100%" ] }, "canon": { "kind": { "name": "Chart", "slug": "chart", "status": "active", "canonId": "019de52c-f9a0-76ef-adc6-0b859109d1f8", "version": 1, "description": "Quantitative chart." }, "tool": null, "subkind": { "name": "Vertical bar chart", "slug": "bar-vertical", "status": "active", "canonId": "019de52c-fe9d-70f2-b3b7-a9ae294f5917", "version": 1, "description": null }, "framework": null }, "subkind": "bar-vertical", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:45.598+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "5b1ce0a4-c771-4e29-b9a8-992a919276c8", "parentComponentId": null }, { "bbox": { "h": 0.6, "w": 0.29, "x": 0.72, "y": 0.22 }, "kind": "chart", "text": "Total Blend Gross Margins Non-GAAP: Q3 2022: 39%, Q4 2022: 35%, Q1 2023: 44%, Q2 2023: 55%, Q3 2023: 55%", "attrs": { "chart_type": "bar", "series_names": [ "Total Blend Gross Margins" ], "x_axis_labels": [ "Q3 2022", "Q4 2022", "Q1 2023", "Q2 2023", "Q3 2023" ], "y_axis_labels": [ "0%", "20%", "40%", "60%", "80%", "100%" ] }, "canon": { "kind": { "name": "Chart", "slug": "chart", "status": "active", "canonId": "019de52c-f9a0-76ef-adc6-0b859109d1f8", "version": 1, "description": "Quantitative chart." }, "tool": null, "subkind": { "name": "Vertical bar chart", "slug": "bar-vertical", "status": "active", "canonId": "019de52c-fe9d-70f2-b3b7-a9ae294f5917", "version": 1, "description": null }, "framework": null }, "subkind": "bar-vertical", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:45.598+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "f791c070-8f23-4c68-abb2-c1d6385bd2ca", "parentComponentId": null }, { "bbox": { "h": 0.04, "w": 0.08, "x": 0.88, "y": 0.88 }, "kind": "image", "text": "blend logo", "attrs": {}, "canon": { "kind": { "name": "Image", "slug": "image", "status": "active", "canonId": "019de52c-f978-701f-a720-51d029d769e7", "version": 1, "description": "Photo, illustration, screenshot or icon." }, "tool": null, "subkind": { "name": "Logo", "slug": "logo", "status": "active", "canonId": "019de52c-fdaf-743d-94c4-d7c6a0e55302", "version": 1, "description": null }, "framework": null }, "subkind": "logo", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:45.598+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "36a2123e-9280-4834-ac71-f9bb9b8887d4", "parentComponentId": null }, { "bbox": { "h": 0.03, "w": 0.44, "x": 0.03, "y": 0.04 }, "kind": "title", "text": "Executing on the road to profitability", "attrs": {}, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:45.598+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "270eb800-0976-4cfa-b3ae-2b730627350a", "parentComponentId": null } ], "metrics": [], "tools": [ { "tool": { "name": "2x2 matrix", "slug": "matrix-2x2", "status": "active", "bestFor": null, "canonId": "019dd9e1-50ab-72d1-8afb-3ab0a38e32a8", "version": 1, "bodyDocId": null, "description": "BCG matrix, importance/urgency, any axes-and-quadrants frame.", "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "ccfdeceb-d159-4ee6-80fc-4d298f6831b7", "evidence": "The three bar charts show a comparison of gross margins across different segments.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.5, "extraction": { "at": "2026-07-17 02:00:36.042605+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 7, "whyItWorks": null, "antipattern": null, "cardinality": "common", "narrativePurpose": null } ], "frameworks": [], "arcBeats": [ { "to": 10, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 3, "name": "Key Performance Indicators Overview", "beatId": "065e591e-1aba-4c05-838f-9a1cdfbe8e25", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 3-10 provide an overview of key performance indicators, including mortgage market share, economic value per funded loan, and operating expenses.", "position": 0, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 9, "from": 3, "loop": { "name": "27_cost_of_inaction", "slug": "27-cost-of-inaction", "status": "active", "bestFor": "Urgent budget requests, compliance, risk mitigation", "canonId": "019dd956-70d1-7395-a15b-857ba858b394", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "description": "Quantify what happens if the audience does nothing", "familyLabel": null }, "matchId": "45c2a38c-eba7-4c5a-a459-4c86ef1195fa", "evidence": "Slides 3-9 present the company's progress towards profitability and cash generation, implying the cost of inaction.", "position": 0, "objective": "What are the consequences of not investing in Blend Labs, Inc.?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.380296+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } }, { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 8, "type": "analysis", "function": "analyze_data", "rawType": "kpi_overview", "block": null, "metadata": { "slideType": "kpi_overview", "slideTypeCanon": { "name": "KPI overview (contrarian)", "slug": "kpi_overview", "status": "active", "canonId": "019de52d-11d5-7328-b1d1-5368a03e7796", "version": 1, "description": null }, "function": "analyze_data", "functionCanon": { "name": "Analyze data", "slug": "analyze_data", "status": "active", "canonId": "019de52d-1590-7413-8c82-cc218cff40b4", "version": 1, "description": null }, "density": "dense", "densityScore": 60, "componentCount": 5, "textChars": 426, "nDataPoints": 15, "notes": null, "elementsJson": null, "confidence": 0.9, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:44.815+00", "seconds": 5.031, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/8", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-8", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.62, "w": 0.29, "x": 0.67, "y": 0.21 }, "kind": "chart", "text": "General & Administrative Non-GAAP Q3 2022: $18.8, Q4 2022: $21.5, Q1 2023: $15.2, Q2 2023: $11.8, Q3 2023: $11.6", "attrs": { "chart_type": "bar", "series_count": 1, "series_names": [ "Operating Expenses" ], "x_axis_label": "Quarter", "y_axis_label": "Operating Expenses in millions $" }, "canon": { "kind": { "name": "Chart", "slug": "chart", "status": "active", "canonId": "019de52c-f9a0-76ef-adc6-0b859109d1f8", "version": 1, "description": "Quantitative chart." }, "tool": null, "subkind": { "name": "Vertical bar chart", "slug": "bar-vertical", "status": "active", "canonId": "019de52c-fe9d-70f2-b3b7-a9ae294f5917", "version": 1, "description": null }, "framework": null }, "subkind": "bar-vertical", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.815+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "49bef4a0-7937-47db-8ce3-28aa1517095c", "parentComponentId": null }, { "bbox": { "h": 0.62, "w": 0.29, "x": 0.37, "y": 0.21 }, "kind": "chart", "text": "Sales & Marketing Non-GAAP Q3 2022: $17.6, Q4 2022: $16.8, Q1 2023: $14.7, Q2 2023: $13.8, Q3 2023: $12.6", "attrs": { "chart_type": "bar", "series_count": 1, "series_names": [ "Operating Expenses" ], "x_axis_label": "Quarter", "y_axis_label": "Operating Expenses in millions $" }, "canon": { "kind": { "name": "Chart", "slug": "chart", "status": "active", "canonId": "019de52c-f9a0-76ef-adc6-0b859109d1f8", "version": 1, "description": "Quantitative chart." }, "tool": null, "subkind": { "name": "Vertical bar chart", "slug": "bar-vertical", "status": "active", "canonId": "019de52c-fe9d-70f2-b3b7-a9ae294f5917", "version": 1, "description": null }, "framework": null }, "subkind": "bar-vertical", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.815+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "54d8a90c-00b5-423e-98b0-8202e7bd2218", "parentComponentId": null }, { "bbox": { "h": 0.62, "w": 0.29, "x": 0.07, "y": 0.21 }, "kind": "chart", "text": "Research & Development Non-GAAP Q3 2022: $22.1, Q4 2022: $20.6, Q1 2023: $17.1, Q2 2023: $16.0, Q3 2023: $13.9", "attrs": { "chart_type": "bar", "series_count": 1, "series_names": [ "Operating Expenses" ], "x_axis_label": "Quarter", "y_axis_label": "Operating Expenses in millions $" }, "canon": { "kind": { "name": "Chart", "slug": "chart", "status": "active", "canonId": "019de52c-f9a0-76ef-adc6-0b859109d1f8", "version": 1, "description": "Quantitative chart." }, "tool": null, "subkind": { "name": "Vertical bar chart", "slug": "bar-vertical", "status": "active", "canonId": "019de52c-fe9d-70f2-b3b7-a9ae294f5917", "version": 1, "description": null }, "framework": null }, "subkind": "bar-vertical", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.815+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "d261f35a-d25a-43bd-9b13-11de512f5846", "parentComponentId": null }, { "bbox": { "h": 0.03, "w": 0.64, "x": 0.039, "y": 0.049 }, "kind": "title", "text": "Reductions in Operating Expenses by function", "attrs": {}, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.815+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "c86985d5-98d6-4548-8e93-a47c8dc80e68", "parentComponentId": null }, { "bbox": { "h": 0.018, "w": 0.54, "x": 0.04, "y": 0.08 }, "kind": "title", "text": "Showing progress to date on cost efficiency initiatives", "attrs": {}, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Subtitle", "slug": "subtitle", "status": "active", "canonId": "019de52c-fb09-739d-900c-815b0d9ac526", "version": 1, "description": null }, "framework": null }, "subkind": "subtitle", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.815+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "6bda8d97-ed83-42e9-be17-c49fddcba4f2", "parentComponentId": null } ], "metrics": [], "tools": [ { "tool": { "name": "Chartjunk Elimination", "slug": "chartjunk-elimination", "status": "active", "bestFor": null, "canonId": "019dd956-b49e-7453-ab01-b60f338eeda1", "version": 1, "bodyDocId": null, "description": "Remove decorative elements that don't convey data: 3D effects, shadows, unnecessary gridlines", "familyLabel": null, "categoryName": "Slide", "categorySlug": "slide" }, "agent": "Designer", "layer": "slide", "agents": [ "Designer" ], "matchId": "dd5f6483-1e24-44f2-bf32-51278a03340e", "evidence": "The three bar charts show a clear and simple representation of operating expense reductions.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.7, "extraction": { "at": "2026-07-17 02:00:36.125393+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 8, "whyItWorks": null, "antipattern": null, "cardinality": null, "narrativePurpose": null } ], "frameworks": [], "arcBeats": [ { "to": 10, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 3, "name": "Key Performance Indicators Overview", "beatId": "065e591e-1aba-4c05-838f-9a1cdfbe8e25", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 3-10 provide an overview of key performance indicators, including mortgage market share, economic value per funded loan, and operating expenses.", "position": 0, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 9, "from": 3, "loop": { "name": "27_cost_of_inaction", "slug": "27-cost-of-inaction", "status": "active", "bestFor": "Urgent budget requests, compliance, risk mitigation", "canonId": "019dd956-70d1-7395-a15b-857ba858b394", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "description": "Quantify what happens if the audience does nothing", "familyLabel": null }, "matchId": "45c2a38c-eba7-4c5a-a459-4c86ef1195fa", "evidence": "Slides 3-9 present the company's progress towards profitability and cash generation, implying the cost of inaction.", "position": 0, "objective": "What are the consequences of not investing in Blend Labs, Inc.?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.380296+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } }, { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 9, "type": "setup", "function": "quantify_opportunity", "rawType": "kpi_overview", "block": null, "metadata": { "slideType": "kpi_overview", "slideTypeCanon": { "name": "KPI overview (contrarian)", "slug": "kpi_overview", "status": "active", "canonId": "019de52d-11d5-7328-b1d1-5368a03e7796", "version": 1, "description": null }, "function": "quantify_opportunity", "functionCanon": { "name": "Quantify opportunity", "slug": "quantify_opportunity", "status": "active", "canonId": "019de52d-17e4-726f-aa15-83350acef1dd", "version": 1, "description": null }, "density": "balanced", "densityScore": 35, "componentCount": 4, "textChars": 206, "nDataPoints": 5, "notes": null, "elementsJson": null, "confidence": 0.9, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:44.252+00", "seconds": 4.411, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/9", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-9", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.7, "w": 0.59, "x": 0.38, "y": 0.08 }, "kind": "chart", "text": "Free cash flow in millions $ Q3 2022 $(50.9), Q4 2022 $(47.8), Q1 2023 $(47.0), Q2 2023 $(34.6), Q3 2023 $(25.9)", "attrs": { "chart_type": "bar", "series_names": [ "Blend free cash flow" ], "x_axis_label": "Quarter", "y_axis_label": "Free cash flow in millions $" }, "canon": { "kind": { "name": "Chart", "slug": "chart", "status": "active", "canonId": "019de52c-f9a0-76ef-adc6-0b859109d1f8", "version": 1, "description": "Quantitative chart." }, "tool": null, "subkind": { "name": "Vertical bar chart", "slug": "bar-vertical", "status": "active", "canonId": "019de52c-fe9d-70f2-b3b7-a9ae294f5917", "version": 1, "description": null }, "framework": null }, "subkind": "bar-vertical", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.252+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "993f7beb-d2d2-49bf-8356-f2c64d76ca28", "parentComponentId": null }, { "bbox": { "h": 0.02, "w": 0.17, "x": 0.39, "y": 0.86 }, "kind": "list", "text": "Blend free cash flow*", "attrs": {}, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.252+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "0a9b4da1-1912-4093-b293-630f9b6bc064", "parentComponentId": null }, { "bbox": { "h": 0.01, "w": 0.19, "x": 0.41, "y": 0.92 }, "kind": "source-note", "text": "* See Note 5 included in Appendix", "attrs": {}, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.252+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "a19a4d02-2b3f-4cd2-86bf-22d92b8d5b13", "parentComponentId": null }, { "bbox": { "h": 0.11, "w": 0.29, "x": 0.03, "y": 0.06 }, "kind": "title", "text": "Driving progress towards cash generation", "attrs": {}, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.252+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "e332aa42-cfd4-4c0c-93ee-69c00428c1c1", "parentComponentId": null } ], "metrics": [], "tools": [ { "tool": { "name": "Chartjunk Elimination", "slug": "chartjunk-elimination", "status": "active", "bestFor": null, "canonId": "019dd956-b49e-7453-ab01-b60f338eeda1", "version": 1, "bodyDocId": null, "description": "Remove decorative elements that don't convey data: 3D effects, shadows, unnecessary gridlines", "familyLabel": null, "categoryName": "Slide", "categorySlug": "slide" }, "agent": "Designer", "layer": "slide", "agents": [ "Designer" ], "matchId": "0466230a-6414-4e02-92de-df90d4b4b84f", "evidence": "The bar chart shows a clear and simple representation of free cash flow data.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.7, "extraction": { "at": "2026-07-17 02:00:36.210866+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 9, "whyItWorks": null, "antipattern": null, "cardinality": null, "narrativePurpose": null } ], "frameworks": [], "arcBeats": [ { "to": 10, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 3, "name": "Key Performance Indicators Overview", "beatId": "065e591e-1aba-4c05-838f-9a1cdfbe8e25", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 3-10 provide an overview of key performance indicators, including mortgage market share, economic value per funded loan, and operating expenses.", "position": 0, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 9, "from": 3, "loop": { "name": "27_cost_of_inaction", "slug": "27-cost-of-inaction", "status": "active", "bestFor": "Urgent budget requests, compliance, risk mitigation", "canonId": "019dd956-70d1-7395-a15b-857ba858b394", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "description": "Quantify what happens if the audience does nothing", "familyLabel": null }, "matchId": "45c2a38c-eba7-4c5a-a459-4c86ef1195fa", "evidence": "Slides 3-9 present the company's progress towards profitability and cash generation, implying the cost of inaction.", "position": 0, "objective": "What are the consequences of not investing in Blend Labs, Inc.?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.380296+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } }, { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 10, "type": "setup", "function": "summarize", "rawType": "kpi_overview", "block": null, "metadata": { "slideType": "kpi_overview", "slideTypeCanon": { "name": "KPI overview (contrarian)", "slug": "kpi_overview", "status": "active", "canonId": "019de52d-11d5-7328-b1d1-5368a03e7796", "version": 1, "description": null }, "function": "summarize", "functionCanon": { "name": "Summarize", "slug": "summarize", "status": "active", "canonId": "019de52d-1541-704f-b86f-bf7b75056373", "version": 1, "description": null }, "density": "balanced", "densityScore": 40, "componentCount": 3, "textChars": 435, "nDataPoints": 8, "notes": null, "elementsJson": null, "confidence": 1, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:43.59+00", "seconds": 3.417, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/10", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-10", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.25, "w": 0.35, "x": 0.03, "y": 0.22 }, "kind": "list", "text": "Blend guidance reflects the following:\nRevised Mortgage Bankers Association forecast outlook\nContinued expansion in economic value per funded loan\nMaintaining focus on our expense base", "attrs": {}, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:43.59+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "5608c367-6f68-44e4-9f83-0135764eba57", "parentComponentId": null }, { "bbox": { "h": 0.65, "w": 0.5, "x": 0.44, "y": 0.22 }, "kind": "table", "text": "Blend Platform Revenue: Between $25M and $30M\nTitle Revenue: Between $9.5M and $10.5M\nBlend Labs Consolidated Revenue: Between $34.5M and $40.5M\nBlend Labs Consolidated Non-GAAP Net Operating Loss: Between ($17.0M) and ($14.0M)", "attrs": {}, "canon": { "kind": { "name": "Table", "slug": "table", "status": "active", "canonId": "019de52c-f9c8-7148-8119-eaac9594cd28", "version": 1, "description": "Tabular data layout." }, "tool": null, "subkind": { "name": "KPI table", "slug": "kpi", "status": "active", "canonId": "019de52d-0324-7799-a84e-d0885a8ad400", "version": 1, "description": null }, "framework": null }, "subkind": "kpi", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:43.59+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "56d1f87d-b353-495c-ab89-14743fad8166", "parentComponentId": null }, { "bbox": { "h": 0.04, "w": 0.34, "x": 0.03, "y": 0.05 }, "kind": "title", "text": "Updated Q4 2023 Guidance", "attrs": {}, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:43.59+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "ac0cf5df-9be3-4ae2-b69a-b9b74664a590", "parentComponentId": null } ], "metrics": [], "tools": [ { "tool": { "name": "Table data", "slug": "table-data", "status": "active", "bestFor": null, "canonId": "019dd9e1-4fab-7168-a82f-b847350a006d", "version": 1, "bodyDocId": null, "description": "Tabular layouts of structured data.", "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "1d0ec302-a482-4eca-a765-9752bcdb4fde", "evidence": "The table shows a clear and simple representation of guidance data.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.7, "extraction": { "at": "2026-07-17 02:00:36.298367+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 10, "whyItWorks": null, "antipattern": null, "cardinality": "common", "narrativePurpose": null } ], "frameworks": [], "arcBeats": [ { "to": 10, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 3, "name": "Key Performance Indicators Overview", "beatId": "065e591e-1aba-4c05-838f-9a1cdfbe8e25", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 3-10 provide an overview of key performance indicators, including mortgage market share, economic value per funded loan, and operating expenses.", "position": 0, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 11, "type": "appendix", "function": "appendix", "rawType": "appendix", "block": null, "metadata": { "slideType": "appendix", "slideTypeCanon": { "name": "Appendix", "slug": "appendix", "status": "active", "canonId": "019de52d-0762-71f8-b564-89ab863301cc", "version": 1, "description": null }, "function": "appendix", "functionCanon": { "name": "Appendix", "slug": "appendix", "status": "active", "canonId": "019de52d-138d-750b-83c3-49b4bc7a7a38", "version": 1, "description": null }, "density": "sparse", "densityScore": 9, "componentCount": 3, "textChars": 29, "nDataPoints": 0, "notes": null, "elementsJson": null, "confidence": 1, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:43.324+00", "seconds": 2.743, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/11", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-11", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.028, "w": 0.108, "x": 0.034, "y": 0.05 }, "kind": "image", "text": "Blend logo", "attrs": null, "canon": { "kind": { "name": "Image", "slug": "image", "status": "active", "canonId": "019de52c-f978-701f-a720-51d029d769e7", "version": 1, "description": "Photo, illustration, screenshot or icon." }, "tool": null, "subkind": { "name": "Logo", "slug": "logo", "status": "active", "canonId": "019de52c-fdaf-743d-94c4-d7c6a0e55302", "version": 1, "description": null }, "framework": null }, "subkind": "logo", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:43.324+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "ea2266ef-855a-4d86-b712-bc1eeb72a359", "parentComponentId": null }, { "bbox": { "h": 0.02, "w": 0.09, "x": 0.037, "y": 0.923 }, "kind": "source-note", "text": "ยฉBlend 2023", "attrs": null, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:43.324+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "6c273ee6-9981-47f6-b7b8-5cc1916b6215", "parentComponentId": null }, { "bbox": { "h": 0.12, "w": 0.35, "x": 0.037, "y": 0.31 }, "kind": "title", "text": "Appendix", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:43.324+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "7f5ba47f-c55b-485a-bd66-de33dd5c2534", "parentComponentId": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 24, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 11, "name": "Appendix", "beatId": "70ad90a0-31a1-435d-bcad-568dc0743004", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 11-24 provide additional information, including financial results, reconciliations, and footnotes.", "position": 2, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 12, "type": "setup", "function": "decompose_segments", "rawType": "revenue_buildup", "block": null, "metadata": { "slideType": "revenue_buildup", "slideTypeCanon": { "name": "Revenue buildup", "slug": "revenue_buildup", "status": "active", "canonId": "019de52d-0acd-70b8-a81d-62d89840409b", "version": 1, "description": null }, "function": "decompose_segments", "functionCanon": { "name": "Decompose segments", "slug": "decompose_segments", "status": "active", "canonId": "019de52d-14f1-74f8-be75-beb0be1135ec", "version": 1, "description": null }, "density": "balanced", "densityScore": 40, "componentCount": 4, "textChars": 213, "nDataPoints": 108, "notes": null, "elementsJson": null, "confidence": 0.9, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:44.646+00", "seconds": 3.852, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/12", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-12", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.02, "w": 0.07, "x": 0.89, "y": 0.929 }, "kind": "source-note", "text": "Bblend 12", "attrs": {}, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.646+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "d09227e8-e98e-40c1-8a34-fdcba515ee00", "parentComponentId": null }, { "bbox": { "h": 0.389, "w": 0.656, "x": 0.23, "y": 0.253 }, "kind": "table", "text": "Table showing revenue disaggregation for Blend Platform and Title revenue for three and nine months ended September 30, 2023 and 2022, including year-over-year changes.", "attrs": {}, "canon": { "kind": { "name": "Table", "slug": "table", "status": "active", "canonId": "019de52c-f9c8-7148-8119-eaac9594cd28", "version": 1, "description": "Tabular data layout." }, "tool": null, "subkind": { "name": "Data table", "slug": "data", "status": "active", "canonId": "019de52d-02d5-75b8-8abf-88e92bf63569", "version": 1, "description": null }, "framework": null }, "subkind": "data", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.646+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "47d881a2-8458-41df-a01f-98ae08e93621", "parentComponentId": null }, { "bbox": { "h": 0.033, "w": 0.404, "x": 0.043, "y": 0.075 }, "kind": "title", "text": "Revenue Disaggregation", "attrs": {}, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.646+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "59cda477-d8dc-4f63-999e-f66091493e95", "parentComponentId": null }, { "bbox": { "h": 0.018, "w": 0.119, "x": 0.043, "y": 0.11 }, "kind": "title", "text": "(in thousands)", "attrs": {}, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Subtitle", "slug": "subtitle", "status": "active", "canonId": "019de52c-fb09-739d-900c-815b0d9ac526", "version": 1, "description": null }, "framework": null }, "subkind": "subtitle", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:44.646+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "bcd21cdd-369b-4a90-a2d6-2e3e691e78ac", "parentComponentId": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 12, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 12, "name": "Revenue Buildup", "beatId": "9b649381-a282-420a-b854-f39f48f1a073", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slide 12 provides a disaggregation of revenue.", "position": 1, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 }, { "to": 24, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 11, "name": "Appendix", "beatId": "70ad90a0-31a1-435d-bcad-568dc0743004", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 11-24 provide additional information, including financial results, reconciliations, and footnotes.", "position": 2, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 13, "type": "analysis", "function": "analyze_data", "rawType": "kpi_overview", "block": null, "metadata": { "slideType": "kpi_overview", "slideTypeCanon": { "name": "KPI overview (contrarian)", "slug": "kpi_overview", "status": "active", "canonId": "019de52d-11d5-7328-b1d1-5368a03e7796", "version": 1, "description": null }, "function": "analyze_data", "functionCanon": { "name": "Analyze data", "slug": "analyze_data", "status": "active", "canonId": "019de52d-1590-7413-8c82-cc218cff40b4", "version": 1, "description": null }, "density": "dense", "densityScore": 53, "componentCount": 3, "textChars": 856, "nDataPoints": 100, "notes": null, "elementsJson": null, "confidence": 1, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:46.11+00", "seconds": 4.299, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/13", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-13", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.015, "w": 0.11, "x": 0.045, "y": 0.108 }, "kind": "source-note", "text": "(in thousands)", "attrs": {}, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:46.11+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "acc89404-019c-4e84-bee8-c245489b9b29", "parentComponentId": null }, { "bbox": { "h": 0.76, "w": 0.826, "x": 0.045, "y": 0.179 }, "kind": "table", "text": "Three Months Ended September 30,\n2023\n2022\nNine Months Ended September 30,\n2023\n2022\nRevenue\nSoftware\nProfessional services\nTitle\nTotal revenue\nCost of revenue\nSoftware\nProfessional services\nTitle\nTotal cost of revenue\nGross profit\nOperating expenses:\nResearch and development\nSales and marketing\nGeneral and administrative\nAmortization of acquired intangible assets\nImpairment of intangible assets and goodwill\nRestructuring\nTotal operating expenses\nLoss from operations\nInterest expense\nOther income (expense), net\nLoss before income taxes\nIncome tax (expense) benefit\nNet loss\nLess: Net loss attributable to noncontrolling interest\nNet loss attributable to Blend Labs, Inc.\nLess: Accretion of redeemable noncontrolling interest to redemption value\nNet loss attributable to Blend Labs, Inc. common stockholders", "attrs": {}, "canon": { "kind": { "name": "Table", "slug": "table", "status": "active", "canonId": "019de52c-f9c8-7148-8119-eaac9594cd28", "version": 1, "description": "Tabular data layout." }, "tool": null, "subkind": { "name": "Data table", "slug": "data", "status": "active", "canonId": "019de52d-02d5-75b8-8abf-88e92bf63569", "version": 1, "description": null }, "framework": null }, "subkind": "data", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:46.11+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "c12fe646-3dae-4442-9299-21a96158c886", "parentComponentId": null }, { "bbox": { "h": 0.03, "w": 0.56, "x": 0.045, "y": 0.075 }, "kind": "title", "text": "Q3 2023 GAAP Financial Results", "attrs": {}, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:46.11+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "2248d52b-0be7-458d-9796-994e03b6f450", "parentComponentId": null } ], "metrics": [], "tools": [ { "tool": { "name": "Table data", "slug": "table-data", "status": "active", "bestFor": null, "canonId": "019dd9e1-4fab-7168-a82f-b847350a006d", "version": 1, "bodyDocId": null, "description": "Tabular layouts of structured data.", "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "32bd6635-7ab2-4c9c-8300-d4991eff15a7", "evidence": "The table shows a clear and simple representation of GAAP financial results.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.7, "extraction": { "at": "2026-07-17 02:00:36.425864+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 13, "whyItWorks": null, "antipattern": null, "cardinality": "common", "narrativePurpose": null } ], "frameworks": [], "arcBeats": [ { "to": 24, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 11, "name": "Appendix", "beatId": "70ad90a0-31a1-435d-bcad-568dc0743004", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 11-24 provide additional information, including financial results, reconciliations, and footnotes.", "position": 2, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 14, "type": "setup", "function": "summarize", "rawType": "kpi_overview", "block": null, "metadata": { "slideType": "kpi_overview", "slideTypeCanon": { "name": "KPI overview (contrarian)", "slug": "kpi_overview", "status": "active", "canonId": "019de52d-11d5-7328-b1d1-5368a03e7796", "version": 1, "description": null }, "function": "summarize", "functionCanon": { "name": "Summarize", "slug": "summarize", "status": "active", "canonId": "019de52d-1541-704f-b86f-bf7b75056373", "version": 1, "description": null }, "density": "balanced", "densityScore": 37, "componentCount": 3, "textChars": 375, "nDataPoints": 8, "notes": null, "elementsJson": null, "confidence": 0.9, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:46.35+00", "seconds": 4.022, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/14", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-14", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.018, "w": 0.102, "x": 0.042, "y": 0.115 }, "kind": "source-note", "text": "(in thousands)", "attrs": {}, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:46.35+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "421ebe84-0e7d-4b83-b3c2-f9c9880b71f9", "parentComponentId": null }, { "bbox": { "h": 0.196, "w": 0.837, "x": 0.037, "y": 0.278 }, "kind": "table", "text": "Net loss per share attributable to Blend Labs, Inc. common stockholders:\nBasic and diluted\nWeighted average shares used in calculating net loss per share:\nBasic and diluted\nThree Months Ended September 30,\n2023\n2022\n(0.18) $\n(0.57) $\n246,410\n235,267\nNine Months Ended September 30,\n2023\n2022\n(0.63) $\n(2.95)\n244,057\n232,717", "attrs": {}, "canon": { "kind": { "name": "Table", "slug": "table", "status": "active", "canonId": "019de52c-f9c8-7148-8119-eaac9594cd28", "version": 1, "description": "Tabular data layout." }, "tool": null, "subkind": { "name": "Data table", "slug": "data", "status": "active", "canonId": "019de52d-02d5-75b8-8abf-88e92bf63569", "version": 1, "description": null }, "framework": null }, "subkind": "data", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:46.35+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "293b48df-ed4e-4d72-8a99-efb9e1a49cf9", "parentComponentId": null }, { "bbox": { "h": 0.04, "w": 0.49, "x": 0.042, "y": 0.075 }, "kind": "title", "text": "Q3 2023 GAAP Financial Results (cont.)", "attrs": {}, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:46.35+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "9b3ae3f3-b54b-4769-88d2-926c6e0e3de0", "parentComponentId": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 24, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 11, "name": "Appendix", "beatId": "70ad90a0-31a1-435d-bcad-568dc0743004", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 11-24 provide additional information, including financial results, reconciliations, and footnotes.", "position": 2, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 15, "type": "appendix", "function": "analyze_data", "rawType": "other", "block": null, "metadata": { "slideType": "other", "slideTypeCanon": { "name": "Other (fallback)", "slug": "other", "status": "active", "canonId": "019de52d-0af5-71ed-83de-d51ae245fc43", "version": 1, "description": null }, "function": "analyze_data", "functionCanon": { "name": "Analyze data", "slug": "analyze_data", "status": "active", "canonId": "019de52d-1590-7413-8c82-cc218cff40b4", "version": 1, "description": null }, "density": "dense", "densityScore": 54, "componentCount": 3, "textChars": 1098, "nDataPoints": 100, "notes": null, "elementsJson": null, "confidence": 1, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:48.447+00", "seconds": 6.085, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/15", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-15", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.016, "w": 0.12, "x": 0.043, "y": 0.11 }, "kind": "source-note", "text": "(in thousands)", "attrs": {}, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:48.447+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "441b0ed5-369b-40cb-a8ae-7d0d57f4c5cb", "parentComponentId": null }, { "bbox": { "h": 0.53, "w": 0.836, "x": 0.049, "y": 0.202 }, "kind": "table", "text": "Q3 2023 Gross Profit Reconciliation Gross Profit Gross Margin Blend Platform Software $ 20,830 79% $ 22,629 80% $ 17,167 75% $ 16,691 72% $ 21,352 76% Stock-based compensation 8 9 13 20 24 Non-GAAP Software 20,838 79% 22,638 81% 17,180 75% 16,711 72% 21,376 76% Professional services (800) (37)% (489) (22)% (1,072) (62)% (2,102) (103)% (1,276) (71)% Stock-based compensation 210 253 340 316 148 Non-GAAP Professional services (590) (28)% (236) (11)% (732) (42)% (1,786) (88)% (1,128) (62)% Total Blend Platform 20,030 70% 22,140 73% 16,095 65% 14,589 58% 20,076 67% Stock-based compensation 218 262 353 336 172 Non-GAAP Total Blend Platform 20,248 71% 22,402 74% 16,448 67% 14,925 59% 20,248 68% Title 2,033 17% 1,353 11% (242) (2)% (183) (1)% 1,034 4% Stock-based compensation 9 2 135 239 280 Non-GAAP Title 2,042 17% 1,355 11% (107) (1)% 56 -% 1,314 5% Total 22,063 54% 23,493 55% 15,853 42% 14,406 34% 21,110 38% Stock-based compensation 227 264 488 574 452 Non-GAAP Total S 22,290 55% $ 23,757 55% $ 16,341 44% $ 14,980 35% $ 21,562 39%", "attrs": {}, "canon": { "kind": { "name": "Table", "slug": "table", "status": "active", "canonId": "019de52c-f9c8-7148-8119-eaac9594cd28", "version": 1, "description": "Tabular data layout." }, "tool": null, "subkind": { "name": "Data table", "slug": "data", "status": "active", "canonId": "019de52d-02d5-75b8-8abf-88e92bf63569", "version": 1, "description": null }, "framework": null }, "subkind": "data", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:48.447+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "1e9d6c94-b359-47c4-a944-4c5ad39702eb", "parentComponentId": null }, { "bbox": { "h": 0.03, "w": 0.709, "x": 0.043, "y": 0.075 }, "kind": "title", "text": "Reconciliation of GAAP to Non-GAAP Measures", "attrs": {}, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:48.447+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "d9cc8f0c-c505-49c5-ac0a-32dbdc1a159e", "parentComponentId": null } ], "metrics": [], "tools": [ { "tool": { "name": "Table data", "slug": "table-data", "status": "active", "bestFor": null, "canonId": "019dd9e1-4fab-7168-a82f-b847350a006d", "version": 1, "bodyDocId": null, "description": "Tabular layouts of structured data.", "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "2b2ce14c-c47a-46c2-b0e3-4c450661df27", "evidence": "The table shows a clear and simple representation of reconciliation data.", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.7, "extraction": { "at": "2026-07-17 02:00:36.507803+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 15, "whyItWorks": null, "antipattern": null, "cardinality": "common", "narrativePurpose": null } ], "frameworks": [], "arcBeats": [ { "to": 24, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 11, "name": "Appendix", "beatId": "70ad90a0-31a1-435d-bcad-568dc0743004", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 11-24 provide additional information, including financial results, reconciliations, and footnotes.", "position": 2, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 16, "type": "appendix", "function": "analyze_data", "rawType": "other", "block": null, "metadata": { "slideType": "other", "slideTypeCanon": { "name": "Other (fallback)", "slug": "other", "status": "active", "canonId": "019de52d-0af5-71ed-83de-d51ae245fc43", "version": 1, "description": null }, "function": "analyze_data", "functionCanon": { "name": "Analyze data", "slug": "analyze_data", "status": "active", "canonId": "019de52d-1590-7413-8c82-cc218cff40b4", "version": 1, "description": null }, "density": "dense", "densityScore": 74, "componentCount": 5, "textChars": 1204, "nDataPoints": 72, "notes": null, "elementsJson": null, "confidence": 0.9, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:47.696+00", "seconds": 5.308, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/16", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-16", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.03, "w": 0.05, "x": 0.91, "y": 0.92 }, "kind": "image", "text": "Blend logo", "attrs": {}, "canon": { "kind": { "name": "Image", "slug": "image", "status": "active", "canonId": "019de52c-f978-701f-a720-51d029d769e7", "version": 1, "description": "Photo, illustration, screenshot or icon." }, "tool": null, "subkind": { "name": "Logo", "slug": "logo", "status": "active", "canonId": "019de52c-fdaf-743d-94c4-d7c6a0e55302", "version": 1, "description": null }, "framework": null }, "subkind": "logo", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:47.696+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "ed14765f-34c1-4697-b566-8c9c3ef6c292", "parentComponentId": null }, { "bbox": { "h": 0.02, "w": 0.02, "x": 0.96, "y": 0.93 }, "kind": "legend", "text": "16", "attrs": {}, "canon": { "kind": { "name": "Legend", "slug": "legend", "status": "active", "canonId": "31361933-3d22-4c70-bbad-0801e9fffc0c", "version": 1, "description": "Color/symbol decoder placed adjacent to a chart or diagram." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:47.696+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "f9509301-c68d-42f0-a750-bed89ed9938b", "parentComponentId": null }, { "bbox": { "h": 0.02, "w": 0.12, "x": 0.04, "y": 0.12 }, "kind": "paragraph", "text": "(in thousands)", "attrs": {}, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:47.696+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "c3a17c69-0624-4adb-b41e-0575be855619", "parentComponentId": null }, { "bbox": { "h": 0.79, "w": 0.74, "x": 0.05, "y": 0.16 }, "kind": "table", "text": "Three Months Ended September 30, 2023, 2022, Nine Months Ended September 30, 2023, 2022, GAAP operating expenses, Non-GAAP adjustments: Stock-based compensation and amortization of warrant, Compensation realignment costs, Amortization of acquired intangible assets, Impairment of intangible assets and goodwill, Restructuring, Litigation contingencies, Transaction-related costs, Non-GAAP operating expenses, GAAP loss from operations, Non-GAAP adjustments: Stock-based compensation and amortization of warrant, Compensation realignment costs, Amortization of acquired intangible assets, Impairment of intangible assets and goodwill, Restructuring, Litigation contingencies, Transaction-related costs, Non-GAAP loss from operations, GAAP net loss, Non-GAAP adjustments: Stock-based compensation and amortization of warrant, Compensation realignment costs, Amortization of acquired intangible assets, Impairment of intangible assets and goodwill, Restructuring, Litigation contingencies, Transaction-related costs, Gain on investment in equity securities, Foreign currency gains and losses, Income tax benefit, Non-GAAP net loss", "attrs": {}, "canon": { "kind": { "name": "Table", "slug": "table", "status": "active", "canonId": "019de52c-f9c8-7148-8119-eaac9594cd28", "version": 1, "description": "Tabular data layout." }, "tool": null, "subkind": { "name": "Data table", "slug": "data", "status": "active", "canonId": "019de52d-02d5-75b8-8abf-88e92bf63569", "version": 1, "description": null }, "framework": null }, "subkind": "data", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:47.696+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "0b1e9ccb-1c62-4ef7-b930-aadf8b543753", "parentComponentId": null }, { "bbox": { "h": 0.05, "w": 0.62, "x": 0.04, "y": 0.07 }, "kind": "title", "text": "Reconciliation of GAAP to Non-GAAP Measures (cont.)", "attrs": {}, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:47.696+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "41848363-99cb-42a5-b6e7-04a504ac7756", "parentComponentId": null } ], "metrics": [], "tools": [ { "tool": { "name": "Table data", "slug": "table-data", "status": "active", "bestFor": null, "canonId": "019dd9e1-4fab-7168-a82f-b847350a006d", "version": 1, "bodyDocId": null, "description": "Tabular layouts of structured data.", "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "0a9c1a8d-3349-4bd9-8116-cf57ec225b7d", "evidence": "table/data: Three Months Ended September 30, 2023, 2022, Nine Months Ended September 30, 2023, 2022, GAAP operating expenses, Non-GAAP adjustments: Stock-based compensation and amortization of warrant, Compensation reali", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.9, "extraction": { "at": "2026-07-17 02:00:37.841806+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 16, "whyItWorks": null, "antipattern": null, "cardinality": "common", "narrativePurpose": null } ], "frameworks": [], "arcBeats": [ { "to": 24, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 11, "name": "Appendix", "beatId": "70ad90a0-31a1-435d-bcad-568dc0743004", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 11-24 provide additional information, including financial results, reconciliations, and footnotes.", "position": 2, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 17, "type": "appendix", "function": "appendix", "rawType": "appendix_data", "block": null, "metadata": { "slideType": "appendix_data", "slideTypeCanon": { "name": "Appendix data", "slug": "appendix_data", "status": "active", "canonId": "019de52d-078a-745b-9ee4-c15f2f539acd", "version": 1, "description": null }, "function": "appendix", "functionCanon": { "name": "Appendix", "slug": "appendix", "status": "active", "canonId": "019de52d-138d-750b-83c3-49b4bc7a7a38", "version": 1, "description": null }, "density": "dense", "densityScore": 71, "componentCount": 5, "textChars": 730, "nDataPoints": 56, "notes": null, "elementsJson": null, "confidence": 1, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:47.143+00", "seconds": 4.584, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/17", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-17", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.018, "w": 0.118, "x": 0.045, "y": 0.12 }, "kind": "paragraph", "text": "(in thousands)", "attrs": {}, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:47.143+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "158a476e-865c-41e6-8a93-2761e4a7507a", "parentComponentId": null }, { "bbox": { "h": 0.02, "w": 0.02, "x": 0.949, "y": 0.93 }, "kind": "source-note", "text": "17", "attrs": {}, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:47.143+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "05b70f57-35de-4778-828b-fd6cd562efa9", "parentComponentId": null }, { "bbox": { "h": 0.17, "w": 0.94, "x": 0.03, "y": 0.67 }, "kind": "table", "text": "Stock-based compensation by function:\nCost of revenue\nResearch and development\nSales and marketing\nGeneral and administrative\nTotal", "attrs": {}, "canon": { "kind": { "name": "Table", "slug": "table", "status": "active", "canonId": "019de52c-f9c8-7148-8119-eaac9594cd28", "version": 1, "description": "Tabular data layout." }, "tool": null, "subkind": { "name": "Data table", "slug": "data", "status": "active", "canonId": "019de52d-02d5-75b8-8abf-88e92bf63569", "version": 1, "description": null }, "framework": null }, "subkind": "data", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:47.143+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "65476a14-9123-4c9c-b835-9cfb092ecc50", "parentComponentId": null }, { "bbox": { "h": 0.44, "w": 0.94, "x": 0.03, "y": 0.19 }, "kind": "table", "text": "GAAP basic net loss per share\nNon-GAAP adjustments:\nNet loss attributable to noncontrolling interest\nAccretion of redeemable noncontrolling interest to redemption value\nStock-based compensation and amortization of warrant\nCompensation realignment costs\nAmortization of acquired intangible assets\nImpairment of intangible assets and goodwill\nRestructuring\nLitigation contingencies\nTransaction-related costs\nForeign currency gains and losses\nGain on investment in equity securities\nIncome tax benefit\nNon-GAAP basic net loss per share", "attrs": {}, "canon": { "kind": { "name": "Table", "slug": "table", "status": "active", "canonId": "019de52c-f9c8-7148-8119-eaac9594cd28", "version": 1, "description": "Tabular data layout." }, "tool": null, "subkind": { "name": "Data table", "slug": "data", "status": "active", "canonId": "019de52d-02d5-75b8-8abf-88e92bf63569", "version": 1, "description": null }, "framework": null }, "subkind": "data", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:47.143+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "d5aa6869-15a8-4d6d-9d6c-e1d61ce63f3e", "parentComponentId": null }, { "bbox": { "h": 0.05, "w": 0.63, "x": 0.045, "y": 0.07 }, "kind": "title", "text": "Reconciliation of GAAP to Non-GAAP Measures (cont.)", "attrs": {}, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:47.143+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "1a88519b-7578-4f7c-88d6-7a1d9732ee8c", "parentComponentId": null } ], "metrics": [], "tools": [ { "tool": { "name": "Table data", "slug": "table-data", "status": "active", "bestFor": null, "canonId": "019dd9e1-4fab-7168-a82f-b847350a006d", "version": 1, "bodyDocId": null, "description": "Tabular layouts of structured data.", "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "87da4c34-915f-413c-948f-0ba3bbd0011f", "evidence": "table/data: GAAP basic net loss per share Non-GAAP adjustments: Net loss attributable to noncontrolling interest Accretion of redeemable noncontrolling interest to redemption value Stock-based compensation and amortizati", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.9, "extraction": { "at": "2026-07-17 02:00:37.926816+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 17, "whyItWorks": null, "antipattern": null, "cardinality": "common", "narrativePurpose": null } ], "frameworks": [], "arcBeats": [ { "to": 24, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 11, "name": "Appendix", "beatId": "70ad90a0-31a1-435d-bcad-568dc0743004", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 11-24 provide additional information, including financial results, reconciliations, and footnotes.", "position": 2, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 18, "type": "analysis", "function": "analyze_data", "rawType": "appendix_data", "block": null, "metadata": { "slideType": "appendix_data", "slideTypeCanon": { "name": "Appendix data", "slug": "appendix_data", "status": "active", "canonId": "019de52d-078a-745b-9ee4-c15f2f539acd", "version": 1, "description": null }, "function": "analyze_data", "functionCanon": { "name": "Analyze data", "slug": "analyze_data", "status": "active", "canonId": "019de52d-1590-7413-8c82-cc218cff40b4", "version": 1, "description": null }, "density": "dense", "densityScore": 71, "componentCount": 5, "textChars": 760, "nDataPoints": 75, "notes": null, "elementsJson": null, "confidence": 0.9, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:47.501+00", "seconds": 4.52, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/18", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-18", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.02, "w": 0.06, "x": 0.88, "y": 0.93 }, "kind": "image", "text": "Blend logo", "attrs": {}, "canon": { "kind": { "name": "Image", "slug": "image", "status": "active", "canonId": "019de52c-f978-701f-a720-51d029d769e7", "version": 1, "description": "Photo, illustration, screenshot or icon." }, "tool": null, "subkind": { "name": "Logo", "slug": "logo", "status": "active", "canonId": "019de52c-fdaf-743d-94c4-d7c6a0e55302", "version": 1, "description": null }, "framework": null }, "subkind": "logo", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:47.501+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "13c2312e-caf1-4735-b04b-b9e68b34a288", "parentComponentId": null }, { "bbox": { "h": 0.02, "w": 0.01, "x": 0.95, "y": 0.93 }, "kind": "legend", "text": "18", "attrs": {}, "canon": { "kind": { "name": "Legend", "slug": "legend", "status": "active", "canonId": "31361933-3d22-4c70-bbad-0801e9fffc0c", "version": 1, "description": "Color/symbol decoder placed adjacent to a chart or diagram." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:47.501+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "b459b3ff-48e1-429d-9192-49825b337e6a", "parentComponentId": null }, { "bbox": { "h": 0.016, "w": 0.11, "x": 0.046, "y": 0.103 }, "kind": "paragraph", "text": "(in thousands)", "attrs": {}, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:47.501+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "2b8499c9-97a6-4f5d-b405-ad0fa50d71b5", "parentComponentId": null }, { "bbox": { "h": 0.71, "w": 0.94, "x": 0.03, "y": 0.18 }, "kind": "table", "text": "GAAP research and development expense, Non-GAAP adjustments (Stock-based compensation and amortization of warrant, Compensation realignment cost), Non-GAAP research and development expense, GAAP sales and marketing expense, Non-GAAP adjustments (Stock-based compensation and amortization of warrant, Compensation realignment costs), Non-GAAP sales and marketing expense, GAAP general and administrative expense, Non-GAAP adjustments (Stock-based compensation and amortization of warrant, Compensation realignment costs, Litigation contingencies, Transaction-related costs), Non-GAAP general and administrative expense, with values for Q3 2023, Q2 2023, Q1 2023, Q4 2022, and Q3 2022.", "attrs": {}, "canon": { "kind": { "name": "Table", "slug": "table", "status": "active", "canonId": "019de52c-f9c8-7148-8119-eaac9594cd28", "version": 1, "description": "Tabular data layout." }, "tool": null, "subkind": { "name": "Data table", "slug": "data", "status": "active", "canonId": "019de52d-02d5-75b8-8abf-88e92bf63569", "version": 1, "description": null }, "framework": null }, "subkind": "data", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:47.501+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "a9665c95-ae03-4605-aa29-28d3c5c735fb", "parentComponentId": null }, { "bbox": { "h": 0.03, "w": 0.66, "x": 0.046, "y": 0.07 }, "kind": "title", "text": "Reconciliation of GAAP to Non-GAAP Measures (cont.)", "attrs": {}, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:47.501+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "e003bffb-f578-4eed-b03e-58676c7a21dc", "parentComponentId": null } ], "metrics": [], "tools": [ { "tool": { "name": "Table data", "slug": "table-data", "status": "active", "bestFor": null, "canonId": "019dd9e1-4fab-7168-a82f-b847350a006d", "version": 1, "bodyDocId": null, "description": "Tabular layouts of structured data.", "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "9abe12d1-f9e4-47bc-99b3-c1510d2ae0ab", "evidence": "table/data: GAAP research and development expense, Non-GAAP adjustments (Stock-based compensation and amortization of warrant, Compensation realignment cost), Non-GAAP research and development expense, GAAP sales and mar", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.9, "extraction": { "at": "2026-07-17 02:00:38.024311+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 18, "whyItWorks": null, "antipattern": null, "cardinality": "common", "narrativePurpose": null } ], "frameworks": [], "arcBeats": [ { "to": 24, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 11, "name": "Appendix", "beatId": "70ad90a0-31a1-435d-bcad-568dc0743004", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 11-24 provide additional information, including financial results, reconciliations, and footnotes.", "position": 2, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 19, "type": "appendix", "function": "appendix", "rawType": "appendix_disclosure", "block": null, "metadata": { "slideType": "appendix_disclosure", "slideTypeCanon": { "name": "Appendix disclosure", "slug": "appendix_disclosure", "status": "active", "canonId": "019de52d-07b2-7549-8e8b-932a19f6e616", "version": 1, "description": null }, "function": "appendix", "functionCanon": { "name": "Appendix", "slug": "appendix", "status": "active", "canonId": "019de52d-138d-750b-83c3-49b4bc7a7a38", "version": 1, "description": null }, "density": "dense", "densityScore": 51, "componentCount": 3, "textChars": 2488, "nDataPoints": 2, "notes": null, "elementsJson": null, "confidence": 0.9, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:48.073+00", "seconds": 4.5, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/19", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-19", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.695, "w": 0.9575, "x": 0.0225, "y": 0.1725 }, "kind": "paragraph", "text": "Notes:\n(1) Stock-based compensation represents the non-cash grant date fair value of stock-based instruments utilized to incentivize our employees, for which the expense is recognized over the applicable vesting or performance period.\n(2) Compensation realignment costs relate to amortization of one-time cash bonus payment (paid in two installments in March and May 2023) to certain employees in lieu of previously committed equity-based awards, driven by an organizational initiative to standardize our equity compensation program.\n(3) Amortization of acquired intangible assets represents non-cash amortization of customer relationships acquired in connection with the Title365 acquisition.\n(4) Impairment of intangible assets and goodwill relates to charges recorded based on the results of the interim quantitative impairment analysis performed in the three months ended June 30, 2022 and in the three months ended September 30, 2022, in response to certain triggering events, such as a continued decline in economic and market conditions, decline in our market capitalization, and current and projected declines in the operating results of the Title365 reporting unit.\n(5) Restructuring charges relate to our workforce reduction plans executed as part of our broader efforts to improve cost efficiency and better align our operating structure with our business activities.\n(6) Litigation contingencies represent reserves for legal settlements that are unusual or infrequent costs associated with our operating activities.\n(7) Transaction-related costs include non-recurring due diligence, consulting, and integration costs recorded within general and administrative expense.\n(8) Gain on investment in equity securities represents an adjustment to the carrying value of the non-marketable security without a readily determinable fair value to reflect observable price changes.\n(9) Foreign currency gains and losses include transaction gains and losses incurred in connection with our operations in India.\n(10) Income tax benefit represents the non-recurring release of historical valuation allowance resulting from changes in U.S. tax law requiring capitalization and amortization of research and development costs for tax purposes.\n(11) Net loss attributable to noncontrolling interest and accretion of redeemable noncontrolling interest to redemption value relate to the 9.9% non-controlling interest in our Title365 subsidiary.", "attrs": {}, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:48.073+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "1a634815-c341-4c38-8966-2448e6e1b8e1", "parentComponentId": null }, { "bbox": { "h": 0.02, "w": 0.0175, "x": 0.9575, "y": 0.93 }, "kind": "source-note", "text": "19", "attrs": {}, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:48.073+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "07147347-380d-4a6f-acba-9c49c8c614c2", "parentComponentId": null }, { "bbox": { "h": 0.0275, "w": 0.6275, "x": 0.0425, "y": 0.075 }, "kind": "title", "text": "Reconciliation of GAAP to Non-GAAP Measures (cont.)", "attrs": {}, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:48.073+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "0aadc9f9-7f4b-4db8-b2bb-6f3f7f5e9a04", "parentComponentId": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 24, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 11, "name": "Appendix", "beatId": "70ad90a0-31a1-435d-bcad-568dc0743004", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 11-24 provide additional information, including financial results, reconciliations, and footnotes.", "position": 2, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 20, "type": "appendix", "function": "appendix", "rawType": "appendix_data", "block": null, "metadata": { "slideType": "appendix_data", "slideTypeCanon": { "name": "Appendix data", "slug": "appendix_data", "status": "active", "canonId": "019de52d-078a-745b-9ee4-c15f2f539acd", "version": 1, "description": null }, "function": "appendix", "functionCanon": { "name": "Appendix", "slug": "appendix", "status": "active", "canonId": "019de52d-138d-750b-83c3-49b4bc7a7a38", "version": 1, "description": null }, "density": "balanced", "densityScore": 46, "componentCount": 3, "textChars": 534, "nDataPoints": 45, "notes": null, "elementsJson": null, "confidence": 1, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:50.764+00", "seconds": 6.87, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/20", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-20", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.016, "w": 0.129, "x": 0.042, "y": 0.11 }, "kind": "source-note", "text": "(in thousands)", "attrs": {}, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:50.764+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "ba235951-d814-4315-9784-396ad275bb86", "parentComponentId": null }, { "bbox": { "h": 0.279, "w": 0.899, "x": 0.044, "y": 0.22 }, "kind": "table", "text": "Net cash used in operating activities (25,887) (34,390) (46,653) (47,333) (50,485)\nAdditions to property, equipment, internal-use software and intangible assets (31) (170) (304) (458) (446)\nFree cash flow (25,918) (34,560) (46,957) (47,791) (50,931)\nCash paid for interest 7,364 7,189 6,911 6,498 8,889\nUnlevered free cash flow (18,554) (27,371) (40,046) (41,293) (42,042)\nRevenue 40,591 42,815 37,336 42,785 55,353\nFree cash flow margin (64)% (81)% (126)% (112)% (92)%", "attrs": {}, "canon": { "kind": { "name": "Table", "slug": "table", "status": "active", "canonId": "019de52c-f9c8-7148-8119-eaac9594cd28", "version": 1, "description": "Tabular data layout." }, "tool": null, "subkind": { "name": "Data table", "slug": "data", "status": "active", "canonId": "019de52d-02d5-75b8-8abf-88e92bf63569", "version": 1, "description": null }, "framework": null }, "subkind": "data", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:50.764+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "35fe630a-dc21-400a-bd42-c5f464c16e29", "parentComponentId": null }, { "bbox": { "h": 0.03, "w": 0.79, "x": 0.042, "y": 0.075 }, "kind": "title", "text": "Reconciliation of GAAP to Non-GAAP Measures (cont.)", "attrs": {}, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:50.764+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "6a6c4b5c-4e1b-4ef4-a6d3-2fd41b988596", "parentComponentId": null } ], "metrics": [], "tools": [ { "tool": { "name": "Table data", "slug": "table-data", "status": "active", "bestFor": null, "canonId": "019dd9e1-4fab-7168-a82f-b847350a006d", "version": 1, "bodyDocId": null, "description": "Tabular layouts of structured data.", "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "209bb68e-01b8-4226-9cf7-54e0daa34e40", "evidence": "table/data: Net cash used in operating activities (25,887) (34,390) (46,653) (47,333) (50,485) Additions to property, equipment, internal-use software and intangible assets (31) (170) (304) (458) (446) Free cash flow (25", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.9, "extraction": { "at": "2026-07-17 02:00:38.154174+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 20, "whyItWorks": null, "antipattern": null, "cardinality": "common", "narrativePurpose": null } ], "frameworks": [], "arcBeats": [ { "to": 24, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 11, "name": "Appendix", "beatId": "70ad90a0-31a1-435d-bcad-568dc0743004", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 11-24 provide additional information, including financial results, reconciliations, and footnotes.", "position": 2, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 21, "type": "setup", "function": "quantify_opportunity", "rawType": "kpi_overview", "block": null, "metadata": { "slideType": "kpi_overview", "slideTypeCanon": { "name": "KPI overview (contrarian)", "slug": "kpi_overview", "status": "active", "canonId": "019de52d-11d5-7328-b1d1-5368a03e7796", "version": 1, "description": null }, "function": "quantify_opportunity", "functionCanon": { "name": "Quantify opportunity", "slug": "quantify_opportunity", "status": "active", "canonId": "019de52d-17e4-726f-aa15-83350acef1dd", "version": 1, "description": null }, "density": "dense", "densityScore": 57, "componentCount": 4, "textChars": 694, "nDataPoints": 7, "notes": null, "elementsJson": null, "confidence": 0.9, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:56.353+00", "seconds": 11.815, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/21", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-21", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.07, "w": 0.86, "x": 0.043, "y": 0.43 }, "kind": "source-note", "text": "(1) Dilutive securities represent the number of potential common shares that would have been included in the computation of earnings per share if the Company had reported net income for the quarter ended September 30, 2023. Since the Company reported net loss for the quarter ended September 30, 2023, all outstanding potential common shares are antidilutive.", "attrs": {}, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:56.353+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "0a87a98e-d02a-40f7-aac3-39f565a47112", "parentComponentId": null }, { "bbox": { "h": 0.48, "w": 0.89, "x": 0.03, "y": 0.22 }, "kind": "table", "text": "Weighted average shares used in calculating net loss per share (basic and diluted) 246,410 244,057\nDilutive securities(1) 5,610 2,080\nEstimated weighted average shares used in calculating net loss per share (basic and diluted) 248,512 245,180\nEstimated outstanding common shares as of period-end 249,567", "attrs": {}, "canon": { "kind": { "name": "Table", "slug": "table", "status": "active", "canonId": "019de52c-f9c8-7148-8119-eaac9594cd28", "version": 1, "description": "Tabular data layout." }, "tool": null, "subkind": { "name": "Data table", "slug": "data", "status": "active", "canonId": "019de52d-02d5-75b8-8abf-88e92bf63569", "version": 1, "description": null }, "framework": null }, "subkind": "data", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:56.353+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "4ac978b2-a771-4ef4-b937-d4352eec5d14", "parentComponentId": null }, { "bbox": { "h": 0.035, "w": 0.36, "x": 0.043, "y": 0.075 }, "kind": "title", "text": "Sharecount Outlook", "attrs": {}, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:56.353+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "fedfaf0d-0b3d-447a-a6ea-b8eae407b7c6", "parentComponentId": null }, { "bbox": { "h": 0.018, "w": 0.12, "x": 0.043, "y": 0.11 }, "kind": "title", "text": "(in thousands)", "attrs": {}, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Subtitle", "slug": "subtitle", "status": "active", "canonId": "019de52c-fb09-739d-900c-815b0d9ac526", "version": 1, "description": null }, "framework": null }, "subkind": "subtitle", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:56.353+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "3e57d6e5-6f57-46fe-bd2a-8cc7ba7a9b3e", "parentComponentId": null } ], "metrics": [], "tools": [ { "tool": { "name": "Table data", "slug": "table-data", "status": "active", "bestFor": null, "canonId": "019dd9e1-4fab-7168-a82f-b847350a006d", "version": 1, "bodyDocId": null, "description": "Tabular layouts of structured data.", "familyLabel": null, "categoryName": null, "categorySlug": null }, "agent": null, "layer": "slide", "agents": null, "matchId": "b57c829d-5658-41e0-9575-64bc934bf3bf", "evidence": "table/data: Weighted average shares used in calculating net loss per share (basic and diluted) 246,410 244,057 Dilutive securities(1) 5,610 2,080 Estimated weighted average shares used in calculating net loss per share (", "pageRefs": null, "priority": null, "whenToUse": null, "confidence": 0.9, "extraction": { "at": "2026-07-17 02:00:38.239094+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": null }, "pageNumber": 21, "whyItWorks": null, "antipattern": null, "cardinality": "common", "narrativePurpose": null } ], "frameworks": [], "arcBeats": [ { "to": 24, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 11, "name": "Appendix", "beatId": "70ad90a0-31a1-435d-bcad-568dc0743004", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 11-24 provide additional information, including financial results, reconciliations, and footnotes.", "position": 2, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 22, "type": "analysis", "title": "Data is in thousands; Q3 2023 includes estimates.", "function": "analyze_data", "rawType": "kpi_overview", "block": null, "metadata": { "slideType": "kpi_overview", "slideTypeCanon": { "name": "KPI overview (contrarian)", "slug": "kpi_overview", "status": "active", "canonId": "019de52d-11d5-7328-b1d1-5368a03e7796", "version": 1, "description": null }, "function": "analyze_data", "functionCanon": { "name": "Analyze data", "slug": "analyze_data", "status": "active", "canonId": "019de52d-1590-7413-8c82-cc218cff40b4", "version": 1, "description": null }, "density": "balanced", "densityScore": 47, "componentCount": 5, "textChars": 189, "nDataPoints": 18, "notes": "Data is in thousands; Q3 2023 includes estimates.", "elementsJson": null, "confidence": 1, "extraction": { "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "at": "2026-05-02 09:27:08.501+00", "seconds": 3.174, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/22", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-22", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.02, "w": 0.1, "x": 0.04, "y": 0.12 }, "kind": "paragraph", "text": "(in thousands)", "attrs": null, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 09:27:08.501+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "5122a3de-473f-4d59-bf86-e45c59aa80ab", "parentComponentId": null }, { "bbox": { "h": 0.02, "w": 0.45, "x": 0.04, "y": 0.295 }, "kind": "source-note", "text": "*Includes estimated transactions from funded loan reports not yet received", "attrs": null, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 09:27:08.501+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "028e1d89-073c-4ff7-bf39-dc6c9245cb7d", "parentComponentId": null }, { "bbox": { "h": 0.11, "w": 0.96, "x": 0.02, "y": 0.38 }, "kind": "table", "text": "Title closed orders table", "attrs": null, "canon": { "kind": { "name": "Table", "slug": "table", "status": "active", "canonId": "019de52c-f9c8-7148-8119-eaac9594cd28", "version": 1, "description": "Tabular data layout." }, "tool": null, "subkind": { "name": "KPI table", "slug": "kpi", "status": "active", "canonId": "019de52d-0324-7799-a84e-d0885a8ad400", "version": 1, "description": null }, "framework": null }, "subkind": "kpi", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 09:27:08.501+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "19c8932a-9cf2-48ee-9b7a-d19853256efc", "parentComponentId": null }, { "bbox": { "h": 0.15, "w": 0.96, "x": 0.02, "y": 0.205 }, "kind": "table", "text": "Mortgage banking transactions table", "attrs": null, "canon": { "kind": { "name": "Table", "slug": "table", "status": "active", "canonId": "019de52c-f9c8-7148-8119-eaac9594cd28", "version": 1, "description": "Tabular data layout." }, "tool": null, "subkind": { "name": "KPI table", "slug": "kpi", "status": "active", "canonId": "019de52d-0324-7799-a84e-d0885a8ad400", "version": 1, "description": null }, "framework": null }, "subkind": "kpi", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 09:27:08.501+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "c04c5789-e45f-46ad-8fff-7073371010e9", "parentComponentId": null }, { "bbox": { "h": 0.04, "w": 0.4, "x": 0.04, "y": 0.07 }, "kind": "title", "text": "Key Business Metrics - Transaction Volume", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 09:27:08.501+00", "model": "google/gemini-3.1-flash-lite-preview-20260303", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "f03a461a-84bf-48d1-859e-bdc84ce04cdb", "parentComponentId": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 24, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 11, "name": "Appendix", "beatId": "70ad90a0-31a1-435d-bcad-568dc0743004", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 11-24 provide additional information, including financial results, reconciliations, and footnotes.", "position": 2, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [ { "to": 22, "from": 3, "loop": { "name": "50_pareto_focus", "slug": "50-pareto-focus", "status": "active", "bestFor": "Resource allocation, problem prioritization, efficiency improvements", "canonId": "019dd956-7a54-7637-bf68-bb63e3f018c7", "version": 1, "bodyDocId": "019df22a-2420-77be-bc41-ded96d08cb21", "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation", "description": "Show that 80% of results come from 20% of causes to drive prioritization", "familyLabel": null }, "matchId": "fb9e4bae-2c30-4ed7-8fe4-a53a7120cc72", "evidence": "Slides 3-22 present key performance indicators and financial metrics, highlighting the company's focus on profitability and cash generation.", "position": 1, "objective": "What are the key drivers of Blend Labs, Inc.'s financial performance?", "confidence": 0.6, "extraction": { "at": "2026-07-16 23:14:31.423078+00", "model": "or:meta-llama/llama-4-scout", "runId": null, "seconds": null, "promptVersion": "doc-narrative-v1" } } ], "locked": true }, { "page": 23, "type": "appendix", "function": "appendix", "rawType": "appendix", "block": null, "metadata": { "slideType": "appendix", "slideTypeCanon": { "name": "Appendix", "slug": "appendix", "status": "active", "canonId": "019de52d-0762-71f8-b564-89ab863301cc", "version": 1, "description": null }, "function": "appendix", "functionCanon": { "name": "Appendix", "slug": "appendix", "status": "active", "canonId": "019de52d-138d-750b-83c3-49b4bc7a7a38", "version": 1, "description": null }, "density": "overcrowded", "densityScore": 75, "componentCount": 6, "textChars": 2157, "nDataPoints": 0, "notes": null, "elementsJson": null, "confidence": 1, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:50.249+00", "seconds": 5.659, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/23", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-23", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.04, "w": 0.08, "x": 0.87, "y": 0.88 }, "kind": "image", "text": "blend", "attrs": null, "canon": { "kind": { "name": "Image", "slug": "image", "status": "active", "canonId": "019de52c-f978-701f-a720-51d029d769e7", "version": 1, "description": "Photo, illustration, screenshot or icon." }, "tool": null, "subkind": { "name": "Logo", "slug": "logo", "status": "active", "canonId": "019de52c-fdaf-743d-94c4-d7c6a0e55302", "version": 1, "description": null }, "framework": null }, "subkind": "logo", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:50.249+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "1104b574-c528-4aec-b332-5edc7ea71eaf", "parentComponentId": null }, { "bbox": { "h": 0.05, "w": 0.9, "x": 0.03, "y": 0.39 }, "kind": "source-note", "text": "Note 2: Consumer Banking Suite Revenues consist of home equity, personal lending, credit cards, deposit accounts, auto finance, and other banking products, but excludes software-enabled title.", "attrs": { "numbered": true }, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:50.249+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "3baba014-bca9-4d10-b07e-4b347a628b8c", "parentComponentId": null }, { "bbox": { "h": 0.05, "w": 0.9, "x": 0.03, "y": 0.48 }, "kind": "source-note", "text": "Note 3: Mortgage Suite Revenues consist of Mortgage revenue, Mortgage add-on revenue from Blend Income Verification, Blend Close, and Marketplace revenue from Blend Insurance and Blend Realty.", "attrs": { "numbered": true }, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:50.249+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "92e7afd7-2d3e-45cc-8199-935235578f50", "parentComponentId": null }, { "bbox": { "h": 0.25, "w": 0.9, "x": 0.03, "y": 0.58 }, "kind": "source-note", "text": "Note 4: Economic Value per Funded Loan in our mortgage suite represents the contractual rates for mortgage and mortgage-related products multiplied by the number of loans funded or transactions completed, as applicable, by a customer in the specified period, divided by the total number of loans funded by all Mortgage customers in that same period. Additionally, the value derived from partnerships and verification of income products that is associated with the mortgage application stage is aligned with the timing of funding the related loan (typically a 3 month delay from the time of application). We use Economic Value per Funded Loan to measure our success at broadening the client relationships from the underlying mortgage transactions and selling additional products through our software platform. Total number of loans funded by Mortgage customers may be revised in future periods as actual reported funded loans are received, which may impact the economic value we calculate per funded loan.", "attrs": { "numbered": true }, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:50.249+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "ccfba678-2ab5-4b03-8ac4-91076cdafed7", "parentComponentId": null }, { "bbox": { "h": 0.22, "w": 0.9, "x": 0.03, "y": 0.13 }, "kind": "source-note", "text": "Note 1: Market Share is management's calculation of Blend's mortgage market share for the specified period based on funded loan volumes from signed customers. Funded volume is calculated as (i) the number of mortgage banking funded loans processed on the Blend Platform in the period (actual reported funded loans in the period plus an estimate of unreported funded loans for the current quarter), divided by (ii) total mortgage market volume in the same period as calculated using Mortgage Bankers Association data. Mortgage market volumes are updated periodically by management based on updates from the Mortgage Bankers Association and updated Home Mortgage Disclosures Act data which may provide further revisions to historical data from time to time.", "attrs": { "numbered": true }, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:50.249+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "db7eefde-a19d-48e3-8830-2034f295e3ba", "parentComponentId": null }, { "bbox": { "h": 0.04, "w": 0.2, "x": 0.03, "y": 0.06 }, "kind": "title", "text": "Footnotes", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:50.249+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "7744c322-e173-4417-9eee-3708fa72bc3f", "parentComponentId": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 24, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 11, "name": "Appendix", "beatId": "70ad90a0-31a1-435d-bcad-568dc0743004", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 11-24 provide additional information, including financial results, reconciliations, and footnotes.", "position": 2, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [], "locked": true }, { "page": 24, "type": "appendix", "function": "appendix", "rawType": "appendix_disclosure", "block": null, "metadata": { "slideType": "appendix_disclosure", "slideTypeCanon": { "name": "Appendix disclosure", "slug": "appendix_disclosure", "status": "active", "canonId": "019de52d-07b2-7549-8e8b-932a19f6e616", "version": 1, "description": null }, "function": "appendix", "functionCanon": { "name": "Appendix", "slug": "appendix", "status": "active", "canonId": "019de52d-138d-750b-83c3-49b4bc7a7a38", "version": 1, "description": null }, "density": "dense", "densityScore": 59, "componentCount": 4, "textChars": 1210, "nDataPoints": 1, "notes": null, "elementsJson": null, "confidence": 0.9, "extraction": { "model": "google/gemini-2.5-flash", "runId": null, "at": "2026-05-02 07:04:49.231+00", "seconds": 4.347, "promptVersion": "v2-canon-conditioned" } }, "links": { "slide": "/slides/019de517-f242-7322-9c90-2fac9ba4bcc5/24", "deck": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5", "deckAnchor": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5#slide-24", "deckJson": "/decks/019de517-f242-7322-9c90-2fac9ba4bcc5.json" }, "components": [ { "bbox": { "h": 0.035, "w": 0.075, "x": 0.88333, "y": 0.895 }, "kind": "image", "text": "blend", "attrs": {}, "canon": { "kind": { "name": "Image", "slug": "image", "status": "active", "canonId": "019de52c-f978-701f-a720-51d029d769e7", "version": 1, "description": "Photo, illustration, screenshot or icon." }, "tool": null, "subkind": { "name": "Logo", "slug": "logo", "status": "active", "canonId": "019de52c-fdaf-743d-94c4-d7c6a0e55302", "version": 1, "description": null }, "framework": null }, "subkind": "logo", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:49.231+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "6c139b84-1bc6-4f5f-993a-35127ac05767", "parentComponentId": null }, { "bbox": { "h": 0.085, "w": 0.93833, "x": 0.03083, "y": 0.425 }, "kind": "source-note", "text": "Note 6: Blend Income Coverage is our internal measurement of the ratio of available income and payroll source data that our product has access to that could produce a verified result for a borrower, divided by the number of full time employees in the United States.", "attrs": {}, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:49.231+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "9542dd02-7e50-4b63-8c53-96a433fde05f", "parentComponentId": null }, { "bbox": { "h": 0.265, "w": 0.93833, "x": 0.03083, "y": 0.125 }, "kind": "source-note", "text": "Note 5: We define Free Cash Flow, a non-GAAP financial measure, as net cash provided by (used in) operating activities less purchases of property and equipment. Free cash flow margin is calculated as Free Cash Flow as a percentage of total revenues. Unlevered Free Cash Flow is Free Cash Flow before cash paid interest. We believe information regarding Free Cash Flow, Free Cash Flow margin and Unlevered Free Cash Flow provide useful information to investors as a basis for comparing our performance with other companies in our industry and as a measurement of the cash generation that is available to invest in our business and meet our financing needs. However, given our debt service obligations (including the existing $225 million term loan under our Credit Agreement due in June 2026) and other contractual obligations, Unlevered Free Cash Flow does not represent residual cash flow available for discretionary expenditures.", "attrs": {}, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:49.231+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "c41ab258-5ff3-4deb-85a2-200f4180e4e4", "parentComponentId": null }, { "bbox": { "h": 0.035, "w": 0.18667, "x": 0.03083, "y": 0.06083 }, "kind": "title", "text": "Footnotes", "attrs": {}, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-02 07:04:49.231+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "acf85026-f7d0-4fee-b550-ec9a11e6d235", "parentComponentId": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 24, "arc": { "name": "The Sparkline", "slug": "sparkline", "status": "active", "bestFor": "Keynotes, TED-style talks", "canonId": "019dd956-606e-720c-905a-42607ac0bf50", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "What Is -> What Could Be -> What Is -> What Could Be -> New Bliss", "description": null, "familyLabel": null }, "from": 11, "name": "Appendix", "beatId": "70ad90a0-31a1-435d-bcad-568dc0743004", "matchId": "993646e1-3371-40af-a27c-ca557a8f93ff", "beatType": null, "evidence": "Slides 11-24 provide additional information, including financial results, reconciliations, and footnotes.", "position": 2, "isPrimaryArc": true, "parentBeatType": null, "alignedBlockIds": null, "matchConfidence": 0.8 } ], "loops": [], "locked": true } ], "arcBeats": [ { "from": 3, "to": 10, "label": "Key Performance Indicators Overview", "description": "Slides 3-10 provide an overview of key performance indicators, including mortgage market share, economic value per funded loan, and operating expenses." }, { "from": 12, "to": 12, "label": "Revenue Buildup", "description": "Slide 12 provides a disaggregation of revenue." }, { "from": 11, "to": 24, "label": "Appendix", "description": "Slides 11-24 provide additional information, including financial results, reconciliations, and footnotes." } ], "loops": [ { "from": 3, "to": 9, "label": "Cost Of Inaction", "description": "What are the consequences of not investing in Blend Labs, Inc.?" }, { "from": 3, "to": 22, "label": "Pareto Focus", "description": "What are the key drivers of Blend Labs, Inc.'s financial performance?" } ] }