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$4.30+3.1%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Equity
Consolidated Statements of Changes in Stockholders' Equity
(in thousands, except share data)
| Class A Common Stock · Class V Common Stock · Additional Paid-in Capital · Accumulated Deficit · Accumulated Other Comprehensive Income (Loss) · Total Equity | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · $ · Shares · $ | |||||||||||
| Balance as of December 31, 2025 | 25,523,039 | $3 | — | $— | $1,017,004 | $(905,172) | $947 | $112,782 | |||
| Share-based compensation | — | — | — | — | 2,805 | — | — | 2,805 | |||
| Shares issued upon vesting of share-based awards, net of tax withholding | 171,270 | — | — | — | (2,110) | — | — | (2,110) | |||
| Equity offerings, net of issuance costs | 5,015,233 | — | — | — | 68,957 | — | — | 68,957 | |||
| Currency translation adjustment, net of tax | — | — | — | — | — | — | 94 | 94 | |||
| Net loss | — | — | — | — | — | (11,650) | — | (11,650) | |||
| Balance as of March 31, 2026 | 30,709,542 | $3 | — | $— | $1,086,656 | $(916,822) | $1,041 | $170,878 | |||
| Share-based compensation | — | — | — | — | 1,892 | — | — | 1,892 | |||
| Shares issued upon vesting of share-based awards, net of tax withholding | 339,058 | — | — | — | (50) | — | — | (50) | |||
| Exercise of pre-funded warrants | 2,475,201 | — | — | — | — | — | — | — | |||
| Stock option exercise | 44,964 | — | — | — | 500 | — | — | 500 | |||
| Shares issued for professional fees | 125,000 | — | — | — | 1,125 | — | — | 1,125 | |||
| Shares issued for fixed assets | 49,261 | — | — | — | 500 | — | — | 500 | |||
| Shares issued for DTR acquisition | 11,316,776 | 1 | — | — | 97,550 | — | — | 97,551 | |||
| Contingently issuable equity | — | — | — | — | 1,192 | — | — | 1,192 | |||
| Currency translation adjustment, net of tax | — | — | — | — | — | (40) | (40) | ||||
| Net income | — | — | — | — | — | 80,842 | — | 80,842 | |||
| Balance as of June 30, 2026 | 45,059,802 | $4 | — | $— | $1,189,365 | $(835,980) | $1,001 | $354,390 | |||
| Class A Common Stock · Class V Common Stock · Additional Paid-in Capital · Accumulated Deficit · Accumulated Other Comprehensive Income (Loss) · Total Bakkt Stockholders' Equity · Noncontrolling Interest · Total Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Shares · $ · Shares · $ | ||||||||||
| Balance as of December 31, 2024 | 6,510,885 | $1 | 7,178,303 | $1 | $832,693 | $(797,960) | $(841) | $33,894 | $28,959 | $62,853 |
| Share-based compensation | — | — | — | — | 3,343 | — | — | 3,343 | — | 3,343 |
| Shares issued upon vesting of share-based awards, net of tax withholding | 144,937 | — | — | — | (906) | — | — | (906) | — | (906) |
| Exercise of Warrants | 4 | — | — | — | 1 | — | — | 1 | — | 1 |
| Exchange of Class V shares for Class A shares | 529 | — | (529) | — | 3 | — | — | 3 | (3) | — |
| Currency translation adjustment, net of tax | — | — | — | — | — | — | 14 | 14 | 15 | 29 |
| Net income | — | — | — | — | — | 7,710 | — | 7,710 | 8,529 | 16,239 |
| Balance as of March 31, 2025 | 6,656,355 | $1 | 7,177,774 | $1 | $835,134 | $(790,250) | $(827) | $44,059 | $37,500 | $81,559 |
| Share-based compensation | — | — | — | — | 6,338 | — | — | 6,338 | — | 6,338 |
| Shares issued upon vesting of share-based awards, net of tax withholding | 317,687 | — | — | — | (806) | — | — | (806) | — | (806) |
| Exchange of Class V shares for Class A shares | 698 | — | (698) | — | 5 | — | — | 5 | (5) | — |
| Currency translation adjustment, net of tax | — | — | — | — | — | — | 432 | 432 | 454 | 886 |
| Net loss | — | — | — | — | — | (14,734) | — | (14,734) | (15,418) | (30,152) |
| Balance as of June 30, 2025 | 6,974,740 | $1 | 7,177,076 | $1 | $840,671 | $(804,984) | $(395) | $35,294 | $22,531 | $57,825 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.