For the quarter ending 2026-03-31, GEMI has $1,521,816K in assets. $1,065,678K in debts. $215,623K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | |
|---|---|---|---|---|
| Cash and cash equivalents | 215,623 | 252,215 | 487,462 | |
| Restricted cash and cash equivalents | 103,747 | 115,279 | 87,731 | |
| Customer custodial funds | 483,774 | 527,354 | 532,804 | |
| Crypto assets held | 271,956 | 439,622 | 674,963 | |
| Receivable, crypto assets pledged | - | 0 | 180,179 | |
| Accounts receivable, before allowances-Credit Card Receivables | 33,128 | 31,047 | 82,709 | |
| Accounts receivable, before allowances-Retail Receivable | 16,715 | 9,682 | 10,024 | |
| Accounts receivable, before allowances-Custody Fees Receivable | - | - | 2,364 | |
| Accounts receivable, before allowances-Custodial Fees Receivable | 2,537 | 2,014 | - | |
| Accounts receivable, before allowances-Staking Fees Receivable | 971 | 1,270 | 1,213 | |
| Accounts receivable, before allowances-Other Fees Receivable Netting | 3,876 | 3,181 | 3,602 | |
| Allowance for transaction losses | 24,753 | 16,307 | 15,697 | |
| Accounts receivable, net | 32,474 | 30,887 | 84,215 | |
| Credit card receivables pledged, net | 183,965 | 188,754 | 67,918 | |
| Prepaid expenses and other current assets | 42,957 | 52,140 | 26,881 | |
| Total current assets | 1,334,496 | 1,606,251 | 2,142,153 | |
| Software, property and equipment, net | 14,947 | 15,083 | 14,818 | |
| Intangible assets, net | 134,231 | 139,805 | 145,365 | |
| Other non-current assets, net | 38,142 | 40,708 | 35,874 | |
| Total assets | 1,521,816 | 1,801,847 | 2,338,210 | |
| Custodial funds due to customers | 483,656 | 527,307 | 532,676 | |
| Accounts payable | 1,958 | 2,647 | 5,352 | |
| Accrued expenses | 73,683 | 55,466 | 67,579 | |
| Third party loans | 75,349 | 75,151 | 192,507 | |
| Related party loans | 252,574 | 403,931 | 777,279 | |
| Funding debt | 140,457 | 154,374 | 49,204 | |
| Other current liabilities | 19,237 | 21,528 | 40,101 | |
| Total current liabilities | 1,046,914 | 1,240,404 | 1,664,698 | |
| Lease liabilities | 18,764 | 20,570 | 19,950 | |
| Related party convertible notes | - | 0 | 0 | |
| Related party loans | - | 0 | 0 | |
| Total non-current liabilities | 18,764 | 20,570 | 19,950 | |
| Total liabilities | 1,065,678 | 1,260,974 | 1,684,648 | |
| Convertible preferred units 30,955 series a units authorized, issued and outstanding with an aggregate liquidation preference of 223,022 as of december31, 2024 8,910 series b units authorized as of december31, 2024 8,887 series b units issued and outstanding as of december31, 2024 and the series b units had an aggregate liquidation preference of 423,903 as of december31, 2024. no shares authorized, issued, and outstanding as of december31, 2025 | - | 0 | 0 | |
| Common units 54,201 common units authorized as of december31, 2024 50,761 common units issued and outstanding as of december31, 2024. no shares authorized, issued, and outstanding as of december31, 2025 | - | 0 | 0 | |
| Common stock-Common Class A | 45 | 43 | 43 | |
| Common stock-Common Class B | 75 | 75 | 75 | |
| Treasury stock at cost 1,132 and 284 shares as of march31, 2026 and december31, 2025, respectively | 569 | 568 | 568 | |
| Additional paid-in capital | 2,607,625 | 2,583,689 | 2,549,067 | |
| Accumulated other comprehensive income | 1,193 | 887 | 7,375 | |
| Accumulated deficit | -2,152,231 | -2,043,253 | -1,902,430 | |
| Total stockholders equity | 456,138 | 540,873 | 653,562 | |
| Total liabilities and stockholders equity | 1,521,816 | 1,801,847 | 2,338,210 | |
Gemini Space Station, Inc. (GEMI)
Gemini Space Station, Inc. (GEMI)