Bakkt, Inc.
For the period ended Jun 30, 2026. Filed Aug 10, 2026.
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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, 2026 · Filed Aug 10, 2026
BKKT$4.65+8.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in thousands, except share data)
| As of June 30, 2026(Unaudited) | As ofDecember 31, 2025 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $49,980 | $26,962 |
| Restricted cash | 718 | 575 |
| Customer funds | 20,582 | 14,662 |
| Investments | 311 | 235 |
| Accounts receivable, net | 11,276 | 12,070 |
| Prepaid insurance | 924 | 2,749 |
| Other current assets | 13,609 | 14,947 |
| Total current assets | 97,400 | 72,200 |
| Property, equipment and software, net | 2,085 | 1,660 |
| Goodwill | 156,690 | 64,658 |
| Intangible assets | 22,862 | 5,550 |
| Equity method investment | 10,645 | 11,149 |
| Derivative asset | — | 3,352 |
| Transchem Warrants | 107,906 | — |
| Other assets | 6,012 | 4,219 |
| Total assets | $403,600 | $162,788 |
| Liabilities and Equity | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $9,847 | $14,876 |
| Customer funds payable | 20,582 | 14,662 |
| Deferred revenue, current | — | 789 |
| Other current liabilities | 591 | 2,703 |
| Total current liabilities | 31,020 | 33,030 |
| Warrant liability | 10,616 | 16,732 |
| Other noncurrent liabilities | 7,574 | 244 |
| Total liabilities | 49,210 | 50,006 |
| Commitments and contingencies (Note 17) | ||
| Class A Common Stock ($0.0001 par value, 560,000,000 shares authorized, 45,059,802 shares issued and outstanding as of June 30, 2026 and 25,523,039 shares issued and outstanding as of December 31, 2025) | 4 | 3 |
| Additional paid-in capital | 1,189,365 | 1,017,004 |
| Accumulated other comprehensive loss | 1,001 | 947 |
| Accumulated deficit | (835,980) | (905,172) |
| Total equity | 354,390 | 112,782 |
| Total liabilities and equity | $403,600 | $162,788 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.