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	Jun '24 Jun 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	47.5	52.88	98.33	391.36	75.36	76.63
Short-Term Investments	14.9	18.34	147.51	-	1.82	1.99
Cash & Short-Term Investments	62.4	71.22	245.84	391.36	77.18	78.62
Cash Growth	-37.24%	-71.03%	-37.18%	407.05%	-1.83%	-
Accounts Receivable	19.89	24.5	16.07	16.64	8.1	-
Other Receivables	2.82	4.22	2.79	1.5	2.31	2.98
Receivables	22.7	28.73	18.86	18.14	10.41	2.98
Prepaid Expenses	10.38	16.36	28.88	32.21	5.37	1.98
Restricted Cash	34.03	31.84	16.5	16.5	16.5	16.5
Other Current Assets	1,028	734.51	16.38	5.34	22.61	-
Total Current Assets	1,157	882.64	326.47	463.55	132.06	100.08
Property, Plant & Equipment	12.4	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	2.2	1.81	17.98	17.79	15.75	46.36
Total Assets	1,243	966.87	455.5	2,414	468.38	177.68
Accounts Payable	5.88	14.93	25.98	10.65	7.17	1.61
Accrued Expenses	24.9	20.41	29.46	34.1	22.68	13.74
Current Portion of Leases	3.8	3.64	3.01	0.62	1.08	-
Current Unearned Revenue	2.32	4.28	3.97	4.63	4.28	-
Other Current Liabilities	1,040	758.82	29.71	23.62	15.87	0.04
Total Current Liabilities	1,077	802.07	92.13	73.6	51.08	15.39
Long-Term Leases	21.43	23.53	23.4	10.65	1.22	-
Long-Term Unearned Revenue	2.75	3.2	3.11	4.82	4.1	-
Long-Term Deferred Tax Liabilities	-	-	-	11.59	0.1	0.1
Other Long-Term Liabilities	38.76	2.36	0.79	19.45	23.56	10.67
Total Liabilities	1,140	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	824.02	799.66	772.97	566.77	-	-
Retained Earnings	-775.89	-751.3	-676.45	-98.34	-112.5	-32.9
Comprehensive Income & Other	-0.34	-0.1	-0.29	-0.06	5.62	-
Total Common Equity	47.79	48.28	96.26	468.4	388.33	151.52
Minority Interest	54.79	87.43	239.81	1,826	-	-
Shareholders' Equity	102.58	135.71	336.07	2,294	388.33	151.52
Total Liabilities & Equity	1,243	966.87	455.5	2,414	468.38	177.68
Total Debt	25.23	27.16	26.42	11.26	2.3	-
Net Cash (Debt)	37.17	44.06	219.42	380.1	74.89	78.62
Net Cash Growth	-47.32%	-79.92%	-42.27%	407.57%	-4.75%	-
Net Cash Per Share	8.29	12.36	77.08	175.91	0.09	0.13
Filing Date Shares Outstanding	6.32	5.67	3.29	2.29	852.77	582.5
Total Common Shares Outstanding	6.31	3.79	3.24	2.29	852.77	582.5
Working Capital	80.02	80.57	234.34	389.94	80.99	84.69
Book Value Per Share	7.57	12.73	29.74	204.85	0.46	0.26
Tangible Book Value	-23.11	-22.62	24.58	-1,447	92.7	132.57
Tangible Book Value Per Share	-3.66	-5.96	7.59	-632.91	0.11	0.23
Machinery	0.85	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.