Bakkt Holdings Inc
For the period ended Dec 31, 2023. Filed Mar 25, 2024.
View on SEC.govAbout this filing
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FY2023 · Filed Mar 25, 2024
BKKT$4.65+8.1%Stored close · as of Nov 9, 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
(in thousands, except share data)
| Class A Common Stock · Class V Common Stock · Additional Paid-in Capital · Accumulated Deficit · AccumulatedOtherComprehensiveIncome (Loss) · Total Stockholders’ Equity · Noncontrolling Interest · Total Equity | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Shares · $ · Shares · $ | ||||||||||
| Balance as of December 31, 2021 | 57,164,388 | $6 | 206,271,792 | $21 | $566,766 | $(98,342) | $(55) | $468,396 | $1,825,775 | $2,294,171 |
| Share-based compensation | — | — | — | — | 31,557 | — | — | 31,557 | — | 31,557 |
| Unit-based compensation | — | — | — | — | — | — | — | — | 3,847 | 3,847 |
| Forfeiture and cancellation of common units | — | — | (313,144) | — | — | — | — | — | (185) | (185) |
| Exercise of warrants | 221 | — | — | — | 2 | — | — | 2 | — | 2 |
| Shares issued upon vesting of share-based awards, net of tax withholding | 1,286,363 | — | — | — | (2,586) | — | — | (2,586) | — | (2,586) |
| Exchange of Class V shares for Class A shares | 22,475,871 | 2 | (22,475,871) | (2) | 177,241 | — | — | 177,241 | (177,241) | — |
| Increase in deferred tax liability from step-up tax basis related to exchanges of Opco common units | — | — | — | — | (7) | — | — | (7) | — | (7) |
| Currency translation adjustment, net of tax | — | — | — | — | — | — | (254) | (254) | (596) | (850) |
| Unrealized gains on available-for-sale securities | — | — | — | — | — | — | 19 | 19 | 40 | 59 |
| Net loss | — | — | — | — | — | (578,105) | — | (578,105) | (1,411,829) | (1,989,934) |
| Balance as of December 31, 2022 | 80,926,843 | $8 | 183,482,777 | 19 | $772,973 | $(676,447) | $(290) | $96,263 | $239,811 | $336,074 |
| Share-based compensation | — | — | — | — | 15,452 | — | — | 15,452 | — | 15,452 |
| Unit-based compensation | — | — | — | — | — | — | — | — | 1,357 | 1,357 |
| Forfeiture and cancellation of common units | — | — | (4,845) | — | — | — | — | — | (13) | (13) |
| Shares issued upon vesting of share-based awards, net of tax withholding | 4,190,368 | — | — | — | (2,634) | — | — | (2,634) | — | (2,634) |
| Shares issued upon vesting of participation units, net of tax withholding | 111,794 | — | — | — | 176 | — | — | 176 | — | 176 |
| Shares issued in connection with Apex acquisition | 6,140,611 | 1 | — | — | 10,563 | — | — | 10,564 | — | 10,564 |
| Exchange of Class V shares for Class A shares | 3,476,326 | — | (3,476,326) | — | 3,126 | — | — | 3,126 | (3,126) | — |
| Currency translation adjustment, net of tax | — | — | — | — | — | — | 146 | 146 | 290 | 436 |
| Unrealized gains on available-for-sale securities | — | — | — | — | — | — | 43 | 43 | 71 | 114 |
| Net loss | — | — | — | — | — | (74,854) | — | (74,854) | (150,958) | (225,812) |
| Balance as of December 31, 2023 | 94,845,942 | $9 | 180,001,606 | 19 | $799,656 | $(751,301) | $(101) | $48,282 | $87,432 | $135,714 |
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