BKKT: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, BKKT has $258,262K in assets. $129,698K in debts. $58,319K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	58,319	43,493
Restricted cash	6,117	17,965
Customer funds	11,061	21,336
Available-for-sale securities	5,094	-
Accounts receivable, net	12,558	23,306
Prepaid insurance	3,960	2,068
Assets of businesses held for sale	20,879	-
Other current assets	2,487	2,294
Total current assets	120,475	110,462
Property, equipment and software, net	1,532	1,839
Goodwill	64,658	64,658
Intangible assets	5,550	2,900
Equity method investment	11,472	-
Derivative asset	43,350	-
Non-current assets held for sale	3,576	-
Other assets	7,649	10,281
Total assets	258,262	190,140

Convertible debentures, net	-	22,307
Accounts payable and accrued liabilities	18,009	42,683
Customer funds payable	11,061	21,336
Deferred revenue, current	789	1,630
Other current liabilities-Related Party	0	0
Liabilities of businesses held for sale	20,852	-
Other current liabilities-Nonrelated Party	3,064	5,236
Deferred revenue, noncurrent	-	2,062
Total current liabilities	53,775	93,192
Warrant liability	60,748	23,279
Noncurrent liabilities held for sale	4,968	-
Other noncurrent liabilities	10,207	13,782
Total liabilities	129,698	132,315
Common stock, value-Common Class A	2	1
Common stock, value-Common Class V	1	1
Additional paid-in capital	934,896	840,671
Accumulated other comprehensive loss	-603	-395
Accumulated deficit	-819,902	-804,984
Total bakkt holdings, inc. stockholders' equity	114,394	35,294
Noncontrolling interest	14,170	22,531
Total equity	128,564	57,825
Total liabilities and equity	258,262	190,140

Unit: Thousand (K) dollars