Exodus Movement, Inc.
For the period ended Jun 30, 2025. Filed Aug 11, 2025.
View on SEC.govAbout this filing
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, 2025 · Filed Aug 11, 2025
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 Income (Loss)
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited)
(In thousands, except per share amounts)
| Three Months EndedJune 30,2025 | Three Months EndedJune 30,2024 | Six Months EndedJune 30,2025 | Six Months EndedJune 30,2024 | |
|---|---|---|---|---|
| REVENUES | $25,827 | $22,308 | $61,823 | $51,368 |
| EXPENSES (INCOME) | ||||
| Technology, development and user support | 14,730 | 10,767 | 29,623 | 21,471 |
| General and administrative | 18,817 | 9,054 | 33,135 | 17,109 |
| (Gain) loss on digital assets, net | (52,500) | 17,232 | (23,691) | (39,567) |
| Gain on sale of future token interests | (2,000) | - | (2,000) | - |
| Impairment on assets | - | - | 137 | - |
| Staking and other (income) loss | (113) | (405) | 23 | (555) |
| Other loss (gain), net | 15 | (158) | 462 | 86 |
| Interest income | (586) | (695) | (1,589) | (1,642) |
| Income (loss) before income taxes | $47,464 | $(13,487) | $25,723 | $54,466 |
| INCOME TAX (EXPENSE) BENEFIT | (9,797) | 3,881 | (929) | (9,285) |
| NET INCOME (LOSS) | $37,667 | $(9,606) | $24,794 | $45,181 |
| OTHER COMPREHENSIVE INCOME (LOSS) | ||||
| Foreign currency translation adjustment | (1,059) | (35) | (1,313) | 668 |
| COMPREHENSIVE INCOME (LOSS) | $36,608 | $(9,641) | $23,481 | $45,849 |
| Net income (loss) per share | ||||
| Basic net income (loss) per share of common stock - Class A | $1.28 | $(0.37) | $0.86 | $1.72 |
| Basic net income (loss) per share of common stock - Class B | $1.28 | $(0.37) | $0.86 | $1.72 |
| Diluted net income (loss) per share of common stock - Class A | $1.12 | $(0.37) | $0.78 | $1.42 |
| Diluted net income (loss) per share of common stock - Class B | $1.12 | $(0.37) | $0.78 | $1.42 |
| Weighted average number of shares and share equivalents outstanding | ||||
| Weighted average number of shares used in basic computation - Class A | 9,819 | 4,486 | 9,147 | 4,774 |
| Weighted average number of shares used in basic computation - Class B | 19,641 | 21,520 | 19,546 | 21,570 |
| Weighted average number of shares used in diluted computation - Class A | 12,500 | 4,486 | 11,790 | 8,185 |
| Weighted average number of shares used in diluted computation - Class B | 21,021 | 21,520 | 20,172 | 23,727 |
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