Loading BKKT…
Loading financial statements…
Import this data to Google Sheets with:
=jivedata("BKKT","financials")Full statements spill as a table. For one cell: =jivedata("BKKT","Revenue") or =jivedata("BKKT","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.
BKKT • CIK 0001820302
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Operating Income (Loss) | $-227,890 | $-92,916 | $-147,835 | $-147,363 |
| Interest Income (Expense), Net | $4,338 | $4,318 | $791 | $955 |
| Fair Value Adjustment of Warrants | $1,571 | $17,186 | $-30,191 | $-12,663 |
| Other Nonoperating Income (Expense) | $-245 | $2,507 | $19,469 | $21,383 |
| Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest | — | — | $-97,384 | $-97,384 |
| Income Tax Expense (Benefit) | $444 | $170 | $-49 | $-141 |
| Income (Loss) from Equity Method Investments | — | — | $-323 | $-827 |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | $-97,658 | $-20,961 |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | $-34,574 | $-28,165 |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $-225,812 | $-103,447 | $-132,232 | $-49,126 |
| Net Income (Loss) Attributable to Noncontrolling Interest | $-150,958 | $-56,788 | $-25,020 | $-18,131 |
| Net Income (Loss) Attributable to Parent | $-74,854 | $-46,659 | $-107,212 | $-30,995 |
| Revenue from Contract with Customer, Excluding Assessed Tax | $780,136 | $3,490,220 | $2,335,243 | $2,335,243 |
| Labor and Related Expense | $102,042 | $83,164 | $77,336 | $52,953 |
| Professional Fees | $10,382 | $16,804 | $25,256 | $30,934 |
| Communications and Information Technology | $20,837 | $17,714 | $7,307 | $4,325 |
| Other Selling, General and Administrative Expense | $33,385 | $26,553 | $12,666 | $9,939 |
| Business Combination, Acquisition Related Costs | $4,299 | $128 | $53 | $53 |
| Depreciation, Depletion and Amortization, Nonproduction | $13,932 | $343 | $607 | $1,351 |
| Costs and Expenses, Related Party | $3,902 | $600 | $0 | $0 |
| Restructuring Charges | $4,608 | $8,194 | $5,335 | $5,107 |
| Other Cost and Expense, Operating | $1,592 | $1,516 | $84 | $-451 |
| Operating Expenses | $1,008,026 | $3,583,136 | $2,483,078 | $1,243,556 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Property, Plant and Equipment, Net | $60 | $2,064 | $1,660 | $2,085 |
| Goodwill | $68,001 | $68,001 | $64,658 | $156,690 |
| Intangible Assets, Net (Excluding Goodwill) | $2,900 | $2,900 | $5,550 | $22,862 |
| Equity Method Investments | — | — | $11,149 | $10,645 |
| Derivative Asset, Noncurrent | — | — | $3,352 | $3,352 |
| Assets Held-for-sale, Not Part of Disposal Group | — | — | $0 | $0 |
| Other Assets, Noncurrent | $13,103 | $12,567 | $4,219 | $6,012 |
| Assets | $966,867 | $269,377 | $162,788 | $403,600 |
| Other Liabilities, Noncurrent | $23,525 | $19,261 | $244 | $7,574 |
| Liabilities | $831,153 | $206,524 | $50,006 | $49,210 |
| Cash and Cash Equivalents, at Carrying Value | $52,882 | $39,049 | $26,962 | $49,980 |
| Restricted Cash, Current | $31,838 | $24,889 | $575 | $718 |
| Funds Held for Clients | $32,925 | $88,566 | $14,662 | $20,582 |
| Short-term Investments | — | — | $235 | $235 |
| Accounts Receivable, after Allowance for Credit Loss, Current | $29,664 | $24,648 | $12,070 | $11,276 |
| Prepaid Insurance | $13,049 | $3,972 | $2,749 | $924 |
| Other Assets, Current | $3,332 | $2,721 | $14,947 | $13,609 |
| Assets, Current | $882,644 | $183,845 | $72,200 | $97,400 |
| Accounts Payable and Accrued Liabilities, Current | $55,379 | $39,911 | $14,876 | $9,847 |
| Contract with Customer, Liability, Current | $4,282 | $1,605 | $789 | $0 |
| Liabilities, Current | $802,074 | $137,719 | $33,030 | $31,020 |
| Additional Paid in Capital | $799,656 | $832,693 | $1,017,004 | $1,189,365 |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $-101 | $-841 | $947 | $1,001 |
| Retained Earnings (Accumulated Deficit) | $-751,301 | $-797,960 | $-905,172 | $-835,980 |
| Stockholders' Equity Attributable to Parent | $48,282 | $33,894 | $112,782 | $354,390 |
| Stockholders' Equity Attributable to Noncontrolling Interest | $87,432 | $28,959 | $0 | $0 |
| Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest | $135,714 | $62,853 | $112,782 | $354,390 |
| Common Stock, Shares Authorized | — | — | 570,000,000 | 560,000,000 |
| Accounts Receivable, before Allowance for Credit Loss, Current | $30,395 | $25,666 | $12,306 | $11,512 |
| Accounts Receivable, Allowance for Credit Loss, Current | $731 | $1,018 | $236 | $236 |
| Prepaid Expense, Current | $3,307 | $2,569 | $2,209 | $1,296 |
| Other Assets, Miscellaneous, Current | $25 | $152 | $197 | $725 |
| Property, Plant and Equipment, Gross | $800 | $3,060 | $2,014 | $2,635 |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $740 | $996 | $354 | $550 |
| Depreciation | $5,100 | $300 | $600 | $300 |
| Capitalized Computer Software, Amortization | $1,800 | $200 | $600 | $200 |
| Impairment of Long-Lived Assets Held-for-use | $30,265 | $889 | $961 | $1,246 |
| Accounts Receivable, Allowance for Credit Loss, Writeoff | $0 | $400 | $0 | $0 |
| Payments to Acquire Equity Method Investments | — | — | $11,472 | $11,472 |
| Income (Loss) from Equity Method Investments | — | — | $-323 | $-504 |
| SafeguardingAssetPlatformOperatorCryptoAsset | $701,556 | — | $1,200 | $1,200 |
| Operating Lease, Right-of-Use Asset | $11,456 | $9,735 | $0 | $73 |
| Escrow Deposit | — | — | $2,500 | $2,500 |
| Other Assets, Miscellaneous, Noncurrent | $1,647 | $2,832 | $1,719 | $3,280 |
| Accounts Payable, Current | $14,925 | $6,460 | $3,716 | $1,377 |
| Accrued Liabilities, Current | $15,970 | $14,603 | $5,990 | $5,701 |
| Other Accrued Liabilities, Current | $620 | $2,538 | $2,706 | $742 |
| Operating Lease, Liability, Current | $3,636 | $4,279 | $549 | $20 |
| Operating Lease, Liability, Noncurrent | $23,525 | $19,261 | $0 | $43 |
| Other Sundry Liabilities, Noncurrent | — | — | $244 | $2,612 |
| (in thousands, except per share data) | FY 2023 | FY 2024 | FY 2025 | TTM |
|---|---|---|---|---|
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $436 | $-1,501 | $593 | $-268 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $3,075 | $35,248 | $-108,844 | $-11,524 |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $118,498 | $153,746 | $44,902 | $90,062 |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $-225,812 | $-103,447 | $-132,232 | $-49,126 |
| Net Cash Provided by (Used in) Operating Activities | $-60,697 | $-21,203 | $-153,399 | $-84,380 |
| Payments to Acquire Other Productive Assets | — | — | $1,167 | $1,420 |
| Payments to Acquire Debt Securities, Available-for-sale | $61,829 | $17,966 | $55,235 | $55,249 |
| Proceeds from Sale and Maturity of Debt Securities, Available-for-sale | $185,765 | $35,187 | $55,000 | $55,000 |
| Proceeds from Divestiture of Interest in Subsidiaries and Affiliates | — | — | $4,518 | $4,518 |
| Payments to Acquire Intangible Assets | — | — | $2,650 | $2,650 |
| Payments to Acquire Equity Method Investments | — | — | $11,472 | $11,472 |
| Proceeds from Divestiture of Businesses, Net of Cash Divested | — | — | $-20,146 | $-20,146 |
| Proceeds from Derivative Instrument, Investing Activities | — | — | $10,621 | $13,298 |
| Net Cash Provided by (Used in) Investing Activities | $65,970 | $14,134 | $-38,122 | $-54,928 |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $3,071 | $3,071 |
| Proceeds from Warrant Exercises | $0 | $3 | — | — |
| Proceeds from Stock Options Exercised | — | — | $384 | $884 |
| Proceeds from Issuance of Common Stock | — | $46,505 | $62,961 | $62,961 |
| Repayments of Convertible Debt | — | — | $7,875 | $7,875 |
| Proceeds from Lines of Credit | — | — | $5,000 | $0 |
| Payments of Financing Costs | — | — | $1,530 | $755 |
| Proceeds from Convertible Debt | — | — | $23,750 | $23,750 |
| Net Cash Provided by (Used in) Financing Activities | $-2,634 | $43,818 | $82,084 | $128,052 |
| Income Taxes Paid, Net | $239 | $0 | $0 | $0 |
| Right-of-Use Asset Obtained in Exchange for Operating Lease Liability | $3,788 | $0 | $0 | $82 |
| Capital Expenditures Incurred but Not yet Paid | $478 | $0 | $0 | $0 |
| Debt Conversion, Original Debt, Amount | — | — | $17,500 | $17,500 |
| Cash and Cash Equivalents, at Carrying Value | $52,882 | $39,049 | $26,962 | $83,936 |
| Restricted Cash, Current | $31,838 | $24,889 | $575 | $-16,603 |
| Deposits Assets, Current | $853 | $1,242 | $2,703 | $2,677 |
| Depreciation, Depletion and Amortization | $13,932 | $343 | $607 | $1,351 |
| Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability | $-2,952 | $0 | $0 | $0 |
| Operating Lease, Right-of-Use Asset, Amortization Expense | $3,058 | $1,721 | $895 | $329 |
| Share-based Payment Arrangement, Noncash Expense | $15,452 | $15,841 | $71,603 | $66,619 |
| Impairment of Long-Lived Assets Held-for-use | $30,265 | $889 | $961 | $2,207 |
| Gain (Loss) on Disposition of Business | — | — | $-22,663 | $-22,663 |
| Gain (Loss) on Termination of Lease | — | — | $8,884 | $8,884 |
| Goodwill and Intangible Asset Impairment | $60,499 | $0 | $0 | $0 |
| Gain (Loss) on Disposition of Other Assets | — | — | $0 | $2,301 |
| Gain (Loss) on Extinguishment of Debt | — | — | $-2,617 | $-2,617 |
| Fair Value Adjustment of Warrants | $1,571 | $17,186 | $-30,191 | $-12,663 |
| Unrealized Gain (Loss) on Derivatives | — | — | $13,973 | $13,973 |
| Income (Loss) from Equity Method Investments | — | — | $-323 | $-827 |
| Other Noncash Income (Expense) | $-19 | $52 | $-538 | $-509 |
| Increase (Decrease) in Accounts Receivable | $10,036 | $-5,405 | $1,237 | $3,258 |
| Increase (Decrease) in Prepaid Expense | $-9,773 | $-9,077 | $-1,223 | $-1,143 |
| Increase (Decrease) in Deposit Assets | $-14,991 | $0 | $2,500 | $2,500 |
| Increase (Decrease) in Accounts Payable and Accrued Liabilities | $-7,985 | $-15,618 | $-5,139 | $-13,760 |
| Increase (Decrease) in Due to Related Parties | $2,062 | $-870 | $-2,358 | $2 |
| Increase (Decrease) in Contract with Customer, Liability | $396 | $-3,252 | $-152 | $-362 |
| IncreaseDecreaseInOperatingLeaseLiability | $-3,029 | $-3,636 | $-4,135 | $-2,010 |
| Increase (Decrease) in Assets Held-for-sale | — | — | $3,284 | $-192 |
| Increase (Decrease) in Other Operating Assets and Liabilities, Net | $-3,394 | $431 | $-177 | $-13 |