Exodus Movement, Inc.
For the period ended Jun 30, 2026. Filed Aug 11, 2026.
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, 2026 · Filed Aug 11, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
8. Intangible Assets, Net
- Intangible Assets, Net
Intangible assets, net consisted of the following:
| (in thousands, except useful lives) | Useful lives | June 30, 2026 | December 31, 2025 |
|---|---|---|---|
| Technology in development | $— | $1,317 | |
| Definite-lived assembled workforce | 3 | 1,316 | 1,316 |
| Definite-lived tradenames | 3 to 10 | 2,034 | 235 |
| Definite-lived technology | 3 to 10 | 15,768 | — |
| Definite-lived customer relationships | 12 to 14 | 24,800 | — |
| Indefinite-lived licenses | 9,400 | — | |
| Indefinite-lived domains | 2,096 | 2,096 | |
| Indefinite-lived other | 50 | 50 | |
| Less: accumulated amortization | (910) | (86) | |
| Definite and indefinite-lived intangible assets in use, net | 54,554 | 3,611 | |
| Currency translation adjustment | (2,463) | — | |
| Definite and indefinite-lived intangible assets, net | 11.57 | 52,091 | 4,928 |
For the three months ended June 30, 2026, and 2025, amortization expense for definite-lived intangible assets was $0.8 million andnone, respectively. For the six months ended June 30, 2026, and 2025, amortization expense for definite-lived intangible assets was $0.9 million andnone, respectively.
The following summarizes the future amortization expense as of June 30, 2026:
| (in thousands) | |
|---|---|
| Six months ended December 31, 2026 | $2,105 |
| 2027 | 4,210 |
| 2028 | 4,124 |
| 2029 | 3,364 |
| 2030 | 3,254 |
| 2031 | 3,254 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.