Exodus Movement Inc
For the period ended Jun 30, 2024. Filed Aug 12, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 12, 2024
EXOD$4.08-8.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited)
(In thousands, except per share amounts)
| Three Months EndedJune 30,2024 | Three Months EndedJune 30,2023 | Six Months EndedJune 30,2024 | Six Months EndedJune 30,2023 | |
|---|---|---|---|---|
| OPERATING REVENUES | $22,308 | $12,405 | $51,368 | $25,750 |
| COST OF REVENUES | 10,767 | 7,135 | 21,471 | 13,992 |
| GROSS PROFIT | 11,541 | 5,270 | 29,897 | 11,758 |
| OPERATING EXPENSES | ||||
| General and administrative | 9,054 | 4,015 | 17,109 | 9,987 |
| Loss (gain) on digital assets, net | 17,232 | (201) | (39,567) | (642) |
| Total operating expense (income) | 26,286 | 3,814 | (22,458) | 9,345 |
| (Loss) income from operations | (14,745) | 1,456 | 52,355 | 2,413 |
| OTHER INCOME | ||||
| Staking and other income | 405 | 17 | 555 | 33 |
| Unrealized gain (loss) on investments | 158 | 85 | (86) | 189 |
| Interest income | 695 | 468 | 1,642 | 871 |
| Total other income | 1,258 | 570 | 2,111 | 1,093 |
| (Loss) income before income taxes | (13,487) | 2,026 | 54,466 | 3,506 |
| INCOME TAX BENEFIT (EXPENSE) | 3,881 | (157) | (9,285) | (864) |
| NET (LOSS) INCOME | $(9,606) | $1,869 | $45,181 | $2,642 |
| OTHER COMPREHENSIVE (LOSS) INCOME | ||||
| Foreign currency translation adjustment | (35) | (200) | 668 | (250) |
| COMPREHENSIVE (LOSS) INCOME | $(9,641) | $1,669 | $45,849 | $2,392 |
| Net (loss) income per share | ||||
| Basic net (loss) income per share of common stock - Class A | $(0.37) | $0.07 | $1.72 | $0.10 |
| Basic net (loss) income per share of common stock - Class B | $(0.37) | $0.07 | $1.72 | $0.10 |
| Diluted net (loss) income per share of common stock - Class A | $(0.37) | $0.06 | $1.42 | $0.08 |
| Diluted net (loss) income per share of common stock - Class B | $(0.37) | $0.06 | $1.42 | $0.08 |
| Weighted average number of shares and share equivalents outstanding | ||||
| Weighted average number of shares used in basic computation - Class A | 4,486 | 3,804 | 4,774 | 3,702 |
| Weighted average number of shares used in basic computation - Class B | 21,520 | 21,799 | 21,570 | 21,799 |
| Weighted average number of shares used in diluted computation - Class A | 4,486 | 7,300 | 8,185 | 7,207 |
| Weighted average number of shares used in diluted computation - Class B | 21,520 | 23,978 | 23,727 | 23,983 |
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