Bakkt Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	28.98	52.88	98.33	391.36	75.36	76.63
Short-Term Investments	8.38	18.34	147.51	-	1.82	1.99
Cash & Short-Term Investments	37.36	71.22	245.84	391.36	77.18	78.62
Cash Growth	-58.89%	-71.03%	-37.18%	407.05%	-1.83%	-
Accounts Receivable	22.1	24.5	16.07	16.64	8.1	-
Other Receivables	3.03	4.22	2.79	1.5	2.31	2.98
Receivables	25.13	28.73	18.86	18.14	10.41	2.98
Prepaid Expenses	9.56	16.36	28.88	32.21	5.37	1.98
Restricted Cash	35.31	31.84	16.5	16.5	16.5	16.5
Other Current Assets	990.44	734.51	16.38	5.34	22.61	-
Total Current Assets	1,098	882.64	326.47	463.55	132.06	100.08
Property, Plant & Equipment	11.87	11.52	39.38	17.36	22.22	11.11
Long-Term Investments	-	-	-	-	2.71	1.19
Goodwill	68	68	15.85	1,527	233.43	16.85
Other Intangible Assets	2.9	2.9	55.83	388.47	62.2	2.09
Other Long-Term Assets	2.16	1.81	17.98	17.79	15.75	46.36
Total Assets	1,183	966.87	455.5	2,414	468.38	177.68
Accounts Payable	7.4	14.93	25.98	10.65	7.17	1.61
Accrued Expenses	21.73	20.41	29.46	34.1	22.68	13.74
Current Portion of Leases	4.19	3.64	3.01	0.62	1.08	-
Current Unearned Revenue	2.01	4.28	3.97	4.63	4.28	-
Other Current Liabilities	1,007	758.82	29.71	23.62	15.87	0.04
Total Current Liabilities	1,042	802.07	92.13	73.6	51.08	15.39
Long-Term Leases	20.35	23.53	23.4	10.65	1.22	-
Long-Term Unearned Revenue	2.6	3.2	3.11	4.82	4.1	-
Long-Term Deferred Tax Liabilities	-	-	-	11.59	0.1	0.1
Other Long-Term Liabilities	15.84	2.36	0.79	19.45	23.56	10.67
Total Liabilities	1,081	831.15	119.43	120.11	80.05	26.16
Common Stock	0	0.03	0.03	0.03	495.22	184.42
Additional Paid-In Capital	829.48	799.66	772.97	566.77	-	-
Retained Earnings	-778.78	-751.3	-676.45	-98.34	-112.5	-32.9
Comprehensive Income & Other	-0.22	-0.1	-0.29	-0.06	5.62	-
Total Common Equity	50.47	48.28	96.26	468.4	388.33	151.52
Minority Interest	51.52	87.43	239.81	1,826	-	-
Shareholders' Equity	101.99	135.71	336.07	2,294	388.33	151.52
Total Liabilities & Equity	1,183	966.87	455.5	2,414	468.38	177.68
Total Debt	24.55	27.16	26.42	11.26	2.3	-
Net Cash (Debt)	12.82	44.06	219.42	380.1	74.89	78.62
Net Cash Growth	-79.59%	-79.92%	-42.27%	407.57%	-4.75%	-
Net Cash Per Share	2.48	12.36	77.08	175.91	0.09	0.13
Filing Date Shares Outstanding	6.48	5.67	3.29	2.29	852.77	582.5
Total Common Shares Outstanding	6.47	3.79	3.24	2.29	852.77	582.5
Working Capital	55.85	80.57	234.34	389.94	80.99	84.69
Book Value Per Share	7.81	12.73	29.74	204.85	0.46	0.26
Tangible Book Value	-20.43	-22.62	24.58	-1,447	92.7	132.57
Tangible Book Value Per Share	-3.16	-5.96	7.59	-632.91	0.11	0.23
Machinery	0.86	0.8	7.04	3.01	1.81	0.04
Leasehold Improvements	0.28	-	10.1	0.28	0.48	-

Source: S&P Capital IQ. Standard template. Financial Sources.