Coinbase Global Inc

For the period ended Jun 30, 2024. Filed Aug 1, 2024.

About 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, 2024 · Filed Aug 1, 2024

COIN$132.13-2.9%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Changes in Stockholders' Equity

For the Three Months Ended June 30, 2024 and June 30, 2023

Additional Paid-In Capital · Accumulated Other Comprehensive Loss · Retained Earnings
	Common Stock
Shares · Amount · Total
Balance at April 1, 2024	245,371	$2	$4,550,408	$(37,496)	$3,558,080	$8,070,994
Issuance of common stock upon settlement of stock awards	1,563	—	—	—	—	—
Issuance of common stock upon exercise of stock options, net of repurchases	1,188	—	25,474	—	—	25,474
Issuance of common stock under the Employee Stock Purchase Plan (the “ESPP”), net of shares withheld	215	—	10,557	—	—	10,557
Stock-based compensation expense	—	—	230,369	—	—	230,369
Other comprehensive loss	—	—	—	(2,775)	—	(2,775)
Net income	—	—	—	—	36,150	36,150
Balance at June 30, 2024	248,337	$2	$4,816,808	$(40,271)	$3,594,230	$8,370,769
Balance at April 1, 2023	234,495	$2	$4,056,774	$(28,409)	$1,646,579	$5,674,946
Issuance of common stock upon settlement of stock awards, net of shares withheld	1,672	—	(52,895)	—	—	(52,895)
Issuance of common stock upon exercise of stock options, net of repurchases	467	—	8,435	—	—	8,435
Issuance of common stock under the ESPP	254	—	12,381	—	—	12,381
Stock-based compensation expense	—	—	214,624	—	—	214,624
Other comprehensive loss	—	—	—	(5,383)	—	(5,383)
Net loss	—	—	—	—	(97,405)	(97,405)
Balance at June 30, 2023	236,888	$2	$4,239,319	$(33,792)	$1,549,174	$5,754,703

Condensed Consolidated Statements of Changes in Stockholders' Equity

For the Six Months Ended June 30, 2024 and June 30, 2023

Additional Paid-In Capital · Accumulated Other Comprehensive Loss · Retained Earnings
	Common Stock
Shares · Amount · Total
Balance at January 1, 2024	242,048	$2	$4,491,571	$(30,270)	$1,820,346	$6,281,649
Cumulative-effect adjustment due to the adoption of Accounting Standards Update (“ASU”) 2023-08, net of tax	—	—	—	—	561,489	561,489
Issuance of common stock upon settlement of stock awards, net of shares withheld	2,562	—	(117,225)	—	—	(117,225)
Issuance of common stock upon exercise of stock options, net of repurchases	3,512	—	70,077	—	—	70,077
Issuance of common stock under the ESPP, net of shares withheld	215	—	10,557	—	—	10,557
Stock-based compensation expense	—	—	465,938	—	—	465,938
Purchase of capped calls	—	—	(104,110)	—	—	(104,110)
Other comprehensive loss	—	—	—	(10,001)	—	(10,001)
Net income	—	—	—	—	1,212,395	1,212,395
Balance at June 30, 2024	248,337	$2	$4,816,808	$(40,271)	$3,594,230	$8,370,769
Balance at January 1, 2023	230,866	$2	$3,767,686	$(38,606)	$1,725,475	$5,454,557
Issuance of equity instruments as consideration for business combination	961	—	44,995	—	—	44,995
Issuance of common stock upon settlement of stock awards, net of shares withheld	3,627	—	(115,392)	—	—	(115,392)
Issuance of common stock upon exercise of stock options, net of repurchases	1,180	—	18,001	—	—	18,001
Issuance of common stock under the ESPP	254	—	12,381	—	—	12,381
Stock-based compensation expense	—	—	427,606	—	—	427,606
Stock-based compensation expense recognized in relation to restructuring	—	—	84,042	—	—	84,042
Other comprehensive income	—	—	—	4,814	—	4,814
Net loss	—	—	—	—	(176,301)	(176,301)
Balance at June 30, 2023	236,888	$2	$4,239,319	$(33,792)	$1,549,174	$5,754,703

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.