Coinbase Global Inc

For the period ended Sep 30, 2024. Filed Oct 30, 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.

Sep 30, 2024 · Filed Oct 30, 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 September 30, 2024 and September 30, 2023

Additional Paid-In Capital · Accumulated Other Comprehensive Loss · Retained Earnings
	Common Stock
Shares · Amount · Total
Balance at July 1, 2024	248,337	$2	$4,816,808	$(40,271)	$3,594,230	$8,370,769
Issuance of common stock upon settlement of stock awards	1,567	—	—	—	—	—
Issuance of common stock upon exercise of stock options	386	—	10,738	—	—	10,738
Stock-based compensation (inclusive of capitalized stock-based compensation)	—	—	259,692	—	—	259,692
Other comprehensive income	—	—	—	11,428	—	11,428
Net income	—	—	—	—	75,495	75,495
Balance at September 30, 2024	250,290	$2	$5,087,238	$(28,843)	$3,669,725	$8,728,122
Balance at July 1, 2023	236,888	$2	$4,239,319	$(33,792)	$1,549,174	$5,754,703
Issuance of common stock upon settlement of stock awards, net of shares withheld	1,621	—	(68,570)	—	—	(68,570)
Issuance of common stock upon exercise of stock options, net of repurchases	660	—	11,383	—	—	11,383
Stock-based compensation (inclusive of capitalized stock-based compensation)	—	—	233,904	—	—	233,904
Other	—	—	2,291	—	—	2,291
Other comprehensive loss	—	—	—	(10,321)	—	(10,321)
Net loss	—	—	—	—	(2,265)	(2,265)
Balance at September 30, 2023	239,169	$2	$4,418,327	$(44,113)	$1,546,909	$5,921,125

Condensed Consolidated Statements of Changes in Stockholders' Equity

For the Nine Months Ended September 30, 2024 and September 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	4,129	—	(117,225)	—	—	(117,225)
Issuance of common stock upon exercise of stock options, net of repurchases	3,898	—	80,815	—	—	80,815
Issuance of common stock under the Employee Stock Purchase Plan (the “ESPP”), net of shares withheld	215	—	10,557	—	—	10,557
Stock-based compensation (inclusive of capitalized stock-based compensation)	—	—	725,630	—	—	725,630
Purchases of capped calls	—	—	(104,110)	—	—	(104,110)
Other comprehensive income	—	—	—	1,427	—	1,427
Net income	—	—	—	—	1,287,890	1,287,890
Balance at September 30, 2024	250,290	$2	$5,087,238	$(28,843)	$3,669,725	$8,728,122
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	5,248	—	(183,962)	—	—	(183,962)
Issuance of common stock upon exercise of stock options, net of repurchases	1,840	—	29,384	—	—	29,384
Issuance of common stock under the ESPP	254	—	12,381	—	—	12,381
Stock-based compensation (inclusive of capitalized stock-based compensation)	—	—	661,510	—	—	661,510
Stock-based compensation expense recognized in relation to restructuring	—	—	84,042	—	—	84,042
Other	—	—	2,291	—	—	2,291
Other comprehensive loss	—	—	—	(5,507)	—	(5,507)
Net loss	—	—	—	—	(178,566)	(178,566)
Balance at September 30, 2023	239,169	$2	$4,418,327	$(44,113)	$1,546,909	$5,921,125

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.