Exodus Movement, Inc.

14. Segment Reporting

The Company hasone reportable segment: revenues. Factors that management used to identify the Company's reportable segment include the Company’s integrated business model, shared customer base, centralized corporate functions, and uniform service offerings in determining that the business operates as a single segment. A description of the types of products and services from which the reportable segment derives its revenues as well as the accounting policies applicable to the reportable segment can be found in "Note 2 – Summary of Significant Accounting Policies" of the Form 10-K. Entity-wide information can be found in "Note 3 – Revenue Recognition". The chief operating decision maker, who is the chief executive officer, assesses the performance of the Company using consolidated net loss for the reportable segment and decides how to allocate resources based on revenues, technology, development and user support, general and administrative expenses, and net loss which are reported under identical captions in the condensed consolidated statements of operations and comprehensive loss. No additional measures of segment assets, profit, or loss are used in internal management reporting. The Company does not have intra-entity sales or material intra-entity transfers for consideration in the segment analysis. Information about reported segment revenue and profit as well as significant segment expenses can be found in the condensed consolidated statements of operations and comprehensive loss.