Bakkt Holdings, Inc. (BKKT)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Total revenues | 577,882 | 1,074,910 | 328,419 | 509,898 |
| Acquisition-related expenses | - | - | - | 55 |
| Restructuring expenses | - | 228 | 425 | 926 |
| Professional services | 4,069 | 5,192 | 5,346 | 3,639 |
| Selling, general and administrative | 3,590 | 3,829 | 8,493 | 5,516 |
| Other operating expenses | 320 | 246 | 313 | 387 |
| Compensation and benefits | 20,124 | 17,819 | 21,085 | 22,381 |
| Impairment of long-lived assets | - | - | 601 | - |
| Depreciation and amortization | 154 | 220 | 107 | 117 |
| Related party expenses | - | - | 150 | 150 |
| Technology and communication | 2,901 | 3,568 | 4,234 | 3,651 |
| Execution, clearing and brokerage fees | 4,139 | 7,693 | 2,207 | 3,392 |
| Crypto costs | 561,074 | 1,054,635 | 312,841 | 491,701 |
| Total operating expenses | 596,371 | 1,093,430 | 355,802 | 531,915 |
| Operating loss | -18,489 | -18,520 | -27,383 | -22,017 |
| Interest income, net | -53 | 622 | 1,014 | 1,245 |
| (loss) gain from change in fair value of warrant liability | 8,604 | -32,247 | -19,984 | 15,114 |
| Other (expense) income, net | -2,946 | 1,939 | -20 | 448 |
| Loss before income taxes | -30,092 | 16,288 | -6,405 | -35,438 |
| Income tax expense | 60 | 49 | -114 | 74 |
| Net loss | -30,152 | 16,239 | -6,291 | -35,512 |
| Less net loss attributable to noncontrolling interest | -15,418 | 8,529 | -3,398 | -19,088 |
| Net loss attributable to bakkt holdings, inc | -14,734 | 7,710 | -2,893 | -16,424 |
| Diluted average shares | - | 7,174,603 | 6,361,793 | 6,161,704 |
| Basic (in dollars per share) | -2.16 | 1.18 | -0.45 | -2.67 |
| Diluted (in dollars per share) | -2.16 | 1.13 | -0.45 | -2.67 |
| Weighted average shares outstanding basic (in shares) | 6,825,634 | 6,531,840 | 6,361,793 | 6,161,704 |