Coinbase Global Inc
For the period ended Dec 31, 2024. Filed Feb 13, 2025.
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FY2024 · Filed Feb 13, 2025
COIN$132.13-2.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Stockholders' Equity
| Additional Paid-In Capital · Accumulated Other Comprehensive Loss · Retained Earnings | ||||||
|---|---|---|---|---|---|---|
| Common Stock | ||||||
| Shares · Amount · Total | ||||||
| Balance at January 1, 2022 | 217,117 | $2 | $2,034,658 | $(3,395) | $4,350,424 | $6,381,689 |
| Issuance of equity instruments as consideration for business combinations | 1,663 | — | 314,356 | — | — | 314,356 |
| Issuance of common stock to settle contingent consideration | 58 | — | 4,661 | — | — | 4,661 |
| Issuance of common stock upon settlement of stock awards, net of shares withheld | 7,870 | — | (351,867) | — | — | (351,867) |
| Issuance of common stock upon exercise of stock options, net of repurchases | 3,883 | — | 56,737 | — | — | 56,737 |
| Issuance of common stock under the Employee Stock Purchase Plan (“ESPP”) | 275 | — | 21,622 | — | — | 21,622 |
| Stock-based compensation (inclusive of capitalized stock-based compensation) | — | — | 1,683,840 | — | — | 1,683,840 |
| Other | — | — | 3,679 | — | — | 3,679 |
| Other comprehensive loss | — | — | — | (35,211) | — | (35,211) |
| Net loss | — | — | — | — | (2,624,949) | (2,624,949) |
| Balance at December 31, 2022 | 230,866 | $2 | $3,767,686 | $(38,606) | $1,725,475 | $5,454,557 |
| Issuance of equity instruments as consideration for business combination | 961 | — | 11,302 | — | — | 11,302 |
| Issuance of common stock to settle contingent consideration | 28 | — | 2,291 | — | — | 2,291 |
| Issuance of common stock upon settlement of stock awards, net of shares withheld | 6,833 | — | (277,798) | — | — | (277,798) |
| Issuance of common stock upon exercise of stock options, net of repurchases | 2,979 | — | 50,804 | — | — | 50,804 |
| Issuance of common stock under the ESPP | 381 | — | 18,959 | — | — | 18,959 |
| Stock-based compensation (inclusive of capitalized stock-based compensation) | — | — | 834,285 | — | — | 834,285 |
| Stock-based compensation expense recognized in relation to restructuring | — | — | 84,042 | — | — | 84,042 |
| Other comprehensive income | — | — | — | 8,336 | — | 8,336 |
| Net income | — | — | — | — | 94,871 | 94,871 |
| Balance at December 31, 2023 | 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 | 5,608 | — | (117,225) | — | — | (117,225) |
| Issuance of common stock upon exercise of stock options, net of repurchases | 5,661 | — | 126,733 | — | — | 126,733 |
| Issuance of common stock under the ESPP, net of shares withheld | 361 | — | 18,597 | — | — | 18,597 |
| Stock-based compensation (inclusive of capitalized stock-based compensation) | — | — | 960,906 | — | — | 960,906 |
| Purchases of capped calls | — | — | (104,110) | — | — | (104,110) |
| Other | (38) | — | (10,482) | — | — | (10,482) |
| Other comprehensive loss | — | — | — | (19,781) | — | (19,781) |
| Net income | — | — | — | — | 2,579,066 | 2,579,066 |
| Balance at December 31, 2024 | 253,640 | $2 | $5,365,990 | $(50,051) | $4,960,901 | $10,276,842 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.