Braze(BRZE) - 2023 Q4 - Annual Report

We calculate the fair value of options granted by using the Black-Scholes option-pricing model with the following assumptions: The expected term of our stock options represents the period that the stock-based awards are expected to be outstanding. We have elected to use the simplified method to compute the expected term, which we believe is representative of future behavior. Our stock plans provide a contractual term of 10 years before the option is forfeited. 57 Some of our larger competitors use their bro ...