Exodus Movement, Inc.
For the period ended Sep 30, 2026. Filed Nov 9, 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.
Sep 30, 2026 · Filed Nov 9, 2026
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15. (Loss) Earnings Per Share
- (Loss) Earnings Per Share
The following table sets forth the computation of basic and diluted net (loss) earnings per share of common stock:
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| (in thousands, except per share amounts) | 2026 | 2025 | 2026 | 2025 |
| Basic (loss) earnings per share: | ||||
| Numerator | ||||
| Net (loss) income attributable to Exodus Movement, Inc. | $(8,267) | $17,041 | $(59,018) | $41,835 |
| Denominator | ||||
| Weighted-average number of shares used in per share computation - Class A | 11,089 | 9,714 | 10,819 | 9,337 |
| Weighted-average number of shares used in per share computation - Class B | 19,188 | 19,463 | 19,186 | 19,515 |
| Basic net (loss) earnings per share - Class A | $(0.27) | $0.58 | $(1.97) | $1.45 |
| Basic net (loss) earnings per share - Class B | $(0.27) | $0.58 | $(1.97) | $1.45 |
| Diluted net (loss) earnings per share: | ||||
| Denominator | ||||
| Weighted-average number of shares used in diluted computation - Class A | 11,089 | 12,257 | 10,819 | 11,948 |
| Weighted-average number of shares used in diluted computation - Class B | 19,188 | 20,034 | 19,186 | 20,119 |
| Diluted net (loss) earnings per share - Class A | $(0.27) | $0.53 | $(1.97) | $1.30 |
| Diluted net (loss) earnings per share - Class B | $(0.27) | $0.53 | $(1.97) | $1.30 |
Diluted (loss) earnings per share includes the dilutive effect of common stock equivalents and is computed using the weighted-average number of shares of common stock and common stock equivalents outstanding during the reporting period. Diluted (loss) earnings per share for the three and nine months ended September 30, 2026, excluded common stock equivalents because the effect of their inclusion would be anti-dilutive or would decrease the reported loss per share.
The following table sets forth securities outstanding that could potentially dilute the calculation of diluted earnings per share:
| Three Months Ended September 30, | Nine Months Ended September 30, | |
|---|---|---|
| (In thousands) | 2026 | 2026 |
| RSUs outstanding | 1,786 | 2,229 |
| Stock options outstanding | 535 | 538 |
| Warrants | 100 | 100 |
| Number of anti-dilutive shares | 2,421 | 2,867 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.