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10-Q Filing

COINBASE GLOBAL, INC. CIK: 1679788 Q1 2023
Filing Information
Form Type 10-Q
Accession Number 0001679788-23-000073
Period End Date 20230331
Filing Date 20230504
Fiscal Year 2023
Fiscal Period Q1
XBRL Instance coin-20230331_htm.xml
Balance Sheet 71 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $6.12B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $5.02B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $4.43B USD Point-in-time
Restricted cash RestrictedCashCurrent $25.87M USD Point-in-time
Restricted cash RestrictedCashCurrent $26.71M USD Point-in-time
Restricted cash RestrictedCashCurrent $27.11M USD Point-in-time
Customer custodial funds ClientCustodialCashCurrent $5.37B USD Point-in-time
Customer custodial funds ClientCustodialCashCurrent $5.04B USD Point-in-time
Customer crypto assets SafeguardingAssetPlatformOperatorCryptoAsset $124.36B USD Point-in-time
Customer crypto assets SafeguardingAssetPlatformOperatorCryptoAsset $75.41B USD Point-in-time
USDC CryptoCurrencyCurrent $302.85M USD Point-in-time
USDC CryptoCurrencyCurrent $861.15M USD Point-in-time
Accounts and loans receivable, net of allowance AccountsNotesAndLoansReceivableNetCurrent $480.40M USD Point-in-time
Accounts and loans receivable, net of allowance AccountsNotesAndLoansReceivableNetCurrent $404.38M USD Point-in-time
Income tax receivable IncomeTaxesReceivable $60.44M USD Point-in-time
Income tax receivable IncomeTaxesReceivable $67.95M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $217.05M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $219.07M USD Point-in-time
Total current assets AssetsCurrent $135.84B USD Point-in-time
Total current assets AssetsCurrent $86.45B USD Point-in-time
Crypto assets held IndefiniteLivedCryptoAssets $514.50M USD Point-in-time
Crypto assets held IndefiniteLivedCryptoAssets $424.39M USD Point-in-time
Lease right-of-use assets OperatingLeaseRightOfUseAsset $69.36M USD Point-in-time
Lease right-of-use assets OperatingLeaseRightOfUseAsset $38.86M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $172.84M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $171.85M USD Point-in-time
Goodwill Goodwill $625.76M USD Point-in-time
Goodwill Goodwill $1.07B USD Point-in-time
Goodwill Goodwill $1.14B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwillAndIndefiniteLivedCryptoAssets $135.43M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwillAndIndefiniteLivedCryptoAssets $129.69M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $1.40B USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $1.46B USD Point-in-time
Total assets Assets $139.30B USD Point-in-time
Total assets Assets $89.72B USD Point-in-time
Customer custodial cash liabilities CustodialCashDueToClientsCurrent $5.37B USD Point-in-time
Customer custodial cash liabilities CustodialCashDueToClientsCurrent $4.83B USD Point-in-time
Customer crypto liabilities SafeguardingLiabilityPlatformOperatorCryptoAsset $124.36B USD Point-in-time
Customer crypto liabilities SafeguardingLiabilityPlatformOperatorCryptoAsset $75.41B USD Point-in-time
Accounts payable AccountsPayableCurrent $23.69M USD Point-in-time
Accounts payable AccountsPayableCurrent $56.04M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $331.24M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $274.98M USD Point-in-time
Crypto asset borrowings DerivativeLiabilitiesCurrent $167.82M USD Point-in-time
Crypto asset borrowings DerivativeLiabilitiesCurrent $151.50M USD Point-in-time
Lease liabilities, current OperatingLeaseLiabilityCurrent $33.73M USD Point-in-time
Lease liabilities, current OperatingLeaseLiabilityCurrent $12.78M USD Point-in-time
Total current liabilities LiabilitiesCurrent $130.20B USD Point-in-time
Total current liabilities LiabilitiesCurrent $80.82B USD Point-in-time
Lease liabilities, non-current OperatingLeaseLiabilityNoncurrent $42.04M USD Point-in-time
Lease liabilities, non-current OperatingLeaseLiabilityNoncurrent $11.29M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $3.39B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $3.40B USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $17.19M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $19.53M USD Point-in-time
Total liabilities Liabilities $133.63B USD Point-in-time
Total liabilities Liabilities $84.27B USD Point-in-time
Commitments and contingencies (Note 18) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 18) CommitmentsAndContingencies - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $3.77B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $4.06B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-38.61M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-28.41M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.73B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.65B USD Point-in-time
Total stockholders equity StockholdersEquity $6.50B USD Point-in-time
Total stockholders equity StockholdersEquity $5.45B USD Point-in-time
Total stockholders equity StockholdersEquity $5.67B USD Point-in-time
Total stockholders equity StockholdersEquity $6.38B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $89.72B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $139.30B USD Point-in-time
Income Statement 40 line items
Line Item Tag Value Unit Period
Revenue Revenues $1.17B USD 1 Quarter
Revenue Revenues $772.53M USD 1 Quarter
Transaction expense InformationTechnologyAndDataProcessing $96.37M USD 1 Quarter
Transaction expense InformationTechnologyAndDataProcessing $277.83M USD 1 Quarter
Technology and development ResearchAndDevelopmentExpense $570.66M USD 1 Quarter
Technology and development ResearchAndDevelopmentExpense $358.03M USD 1 Quarter
Sales and marketing SellingAndMarketingExpense $200.20M USD 1 Quarter
Sales and marketing SellingAndMarketingExpense $63.98M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $248.76M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $413.58M USD 1 Quarter
Restructuring RestructuringCharges $144.49M USD 1 Quarter
Restructuring RestructuringCharges - USD 1 Quarter
Other operating (income) expense, net OtherOperatingIncomeExpenseNet $15.22M USD 1 Quarter
Other operating (income) expense, net OtherOperatingIncomeExpenseNet $-258.63M USD 1 Quarter
Total operating expenses OperatingExpenses $1.72B USD 1 Quarter
Total operating expenses OperatingExpenses $896.40M USD 1 Quarter
Operating loss OperatingIncomeLoss $-123.88M USD 1 Quarter
Operating loss OperatingIncomeLoss $-554.46M USD 1 Quarter
Interest expense InterestExpense $21.54M USD 1 Quarter
Interest expense InterestExpense $22.14M USD 1 Quarter
Other expense, net OtherNonoperatingIncomeExpense $-20.27M USD 1 Quarter
Other expense, net OtherNonoperatingIncomeExpense $-32.84M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-609.45M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-165.68M USD 1 Quarter
Benefit from income taxes IncomeTaxExpenseBenefit $-86.78M USD 1 Quarter
Benefit from income taxes IncomeTaxExpenseBenefit $-179.79M USD 1 Quarter
Net loss NetIncomeLoss $-429.66M USD 1 Quarter
Net loss NetIncomeLoss $-78.90M USD 1 Quarter
Basic NetIncomeLossAvailableToCommonStockholdersBasic $-78.90M USD 1 Quarter
Basic NetIncomeLossAvailableToCommonStockholdersBasic $-429.66M USD 1 Quarter
Diluted NetIncomeLossAvailableToCommonStockholdersDiluted $-78.90M USD 1 Quarter
Diluted NetIncomeLossAvailableToCommonStockholdersDiluted $-429.66M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-1.98 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.34 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.34 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-1.98 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 217.47M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 231.49M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 231.49M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 217.47M shares 1 Quarter
Cash Flow Statement 154 line items
Line Item Tag Value Unit Period
Net loss NetIncomeLoss $-429.66M USD 1 Quarter
Net loss NetIncomeLoss $-78.90M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $31.58M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $41.21M USD 1 Quarter
Investment impairment expense EquityMethodInvestmentOtherThanTemporaryImpairment $5.01M USD 1 Quarter
Investment impairment expense EquityMethodInvestmentOtherThanTemporaryImpairment - USD 1 Quarter
Other impairment expense OtherAssetImpairmentCharges $1.18M USD 1 Quarter
Other impairment expense OtherAssetImpairmentCharges $5.53M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $352.14M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $198.86M USD 1 Quarter
Restructuring stock-based compensation expense ShareBasedPaymentArrangementExpenseRestructuring $84.04M USD 1 Quarter
Restructuring stock-based compensation expense ShareBasedPaymentArrangementExpenseRestructuring - USD 1 Quarter
Provision for transaction losses and doubtful accounts ProvisionForDoubtfulAccounts $2.89M USD 1 Quarter
Provision for transaction losses and doubtful accounts ProvisionForDoubtfulAccounts $-4.13M USD 1 Quarter
Loss on disposal of property and equipment GainLossOnSaleOfPropertyPlantEquipment - USD 1 Quarter
Loss on disposal of property and equipment GainLossOnSaleOfPropertyPlantEquipment $-8.46M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $-84.17M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $-183.18M USD 1 Quarter
Unrealized loss on foreign exchange ForeignCurrencyTransactionGainLossUnrealized $-8.43M USD 1 Quarter
Unrealized loss on foreign exchange ForeignCurrencyTransactionGainLossUnrealized $-7.39M USD 1 Quarter
Non-cash lease expense OperatingLeaseNonCashExpenses $12.21M USD 1 Quarter
Non-cash lease expense OperatingLeaseNonCashExpenses $7.75M USD 1 Quarter
Gain on investments GainLossOnInvestments $25.00K USD 1 Quarter
Gain on investments GainLossOnInvestments $607.00K USD 1 Quarter
Fair value (gain) loss on derivatives AssetAndLiabilitiesFairValueAdjustmentOfDerivatives $3.45M USD 1 Quarter
Fair value (gain) loss on derivatives AssetAndLiabilitiesFairValueAdjustmentOfDerivatives $-3.20M USD 1 Quarter
Amortization of debt discount and issuance costs AmortizationOfDebtIssuanceCostsAndDiscountsIncludingShortTermBorrowings $2.10M USD 1 Quarter
Amortization of debt discount and issuance costs AmortizationOfDebtIssuanceCostsAndDiscountsIncludingShortTermBorrowings $2.17M USD 1 Quarter
Realized loss on crypto futures contract GainLossOnIndefiniteLivedCryptoFutureContracts - USD 1 Quarter
Realized loss on crypto futures contract GainLossOnIndefiniteLivedCryptoFutureContracts $-43.34M USD 1 Quarter
Crypto asset impairment expense CryptoAssetImpairmentCharges $28.93M USD 1 Quarter
Crypto asset impairment expense CryptoAssetImpairmentCharges $227.95M USD 1 Quarter
Crypto assets received as revenue IndefiniteLivedCryptoAssetsReceivedAsRevenue $179.74M USD 1 Quarter
Crypto assets received as revenue IndefiniteLivedCryptoAssetsReceivedAsRevenue $95.45M USD 1 Quarter
Crypto asset payments for expenses PaymentsForIndefiniteLivedIntangibleCryptoAssetExpense $53.09M USD 1 Quarter
Crypto asset payments for expenses PaymentsForIndefiniteLivedIntangibleCryptoAssetExpense $167.95M USD 1 Quarter
Realized gain on crypto assets GainLossOnIndefiniteLivedCryptoAssets $84.69M USD 1 Quarter
Realized gain on crypto assets GainLossOnIndefiniteLivedCryptoAssets $21.24M USD 1 Quarter
USDC IncreaseDecreaseInCryptoCurrency $97.97M USD 1 Quarter
USDC IncreaseDecreaseInCryptoCurrency $-497.30M USD 1 Quarter
Accounts and loans receivable IncreaseDecreaseInReceivables $67.13M USD 1 Quarter
Accounts and loans receivable IncreaseDecreaseInReceivables $-8.36M USD 1 Quarter
Deposits in transit IncreaseDecreaseInDepositOtherAssets $15.26M USD 1 Quarter
Deposits in transit IncreaseDecreaseInDepositOtherAssets $-36.78M USD 1 Quarter
Income taxes, net IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $-7.61M USD 1 Quarter
Income taxes, net IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable $3.86M USD 1 Quarter
Other current and non-current assets IncreaseDecreaseInOtherOperatingAssets $49.08M USD 1 Quarter
Other current and non-current assets IncreaseDecreaseInOtherOperatingAssets $14.89M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-32.90M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-28.40M USD 1 Quarter
Lease liabilities IncreaseDecreaseInOperatingLeaseLiability $-2.82M USD 1 Quarter
Lease liabilities IncreaseDecreaseInOperatingLeaseLiability $-27.85M USD 1 Quarter
Other current and non-current liabilities IncreaseDecreaseInOtherOperatingLiabilities $54.98M USD 1 Quarter
Other current and non-current liabilities IncreaseDecreaseInOtherOperatingLiabilities $-16.34M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-91.36M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $463.08M USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.20M USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $50.00K USD 1 Quarter
Capitalized internal-use software development costs PaymentsToDevelopSoftware $9.08M USD 1 Quarter
Capitalized internal-use software development costs PaymentsToDevelopSoftware $15.18M USD 1 Quarter
Business combinations, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $186.15M USD 1 Quarter
Business combinations, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $30.73M USD 1 Quarter
Purchase of investments PaymentsToAcquireInvestments $2.46M USD 1 Quarter
Purchase of investments PaymentsToAcquireInvestments $25.77M USD 1 Quarter
Proceeds from settlement of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $929.00K USD 1 Quarter
Proceeds from settlement of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $766.00K USD 1 Quarter
Loans originated PaymentsToIssueRetailLoans $65.61M USD 1 Quarter
Loans originated PaymentsToIssueRetailLoans $100.62M USD 1 Quarter
Proceeds from repayment of loans ProceedsFromCollectionOfRetailLoans $100.76M USD 1 Quarter
Proceeds from repayment of loans ProceedsFromCollectionOfRetailLoans $31.78M USD 1 Quarter
Assets pledged as collateral PaymentsForAssetsPledgedAsCollateral - USD 1 Quarter
Assets pledged as collateral PaymentsForAssetsPledgedAsCollateral $603.00K USD 1 Quarter
Assets pledged as collateral returned ProceedsFromAssetsPledgedAsCollateral - USD 1 Quarter
Assets pledged as collateral returned ProceedsFromAssetsPledgedAsCollateral $41.63M USD 1 Quarter
Settlement of crypto futures contract PaymentsToSettleCryptoHedgeDerivatives - USD 1 Quarter
Settlement of crypto futures contract PaymentsToSettleCryptoHedgeDerivatives $43.34M USD 1 Quarter
Purchase of crypto assets held PaymentsToAcquireIndefiniteLivedIntangibleCryptoAssets $871.15M USD 1 Quarter
Purchase of crypto assets held PaymentsToAcquireIndefiniteLivedIntangibleCryptoAssets $53.22M USD 1 Quarter
Disposal of crypto assets held ProceedsFromDisposalOfIndefiniteLivedCryptoAssets $110.78M USD 1 Quarter
Disposal of crypto assets held ProceedsFromDisposalOfIndefiniteLivedCryptoAssets $400.86M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-691.59M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-26.08M USD 1 Quarter
Issuance of common stock upon exercise of stock options, net of repurchases ProceedsFromStockOptionsExercised $8.87M USD 1 Quarter
Issuance of common stock upon exercise of stock options, net of repurchases ProceedsFromStockOptionsExercised $16.89M USD 1 Quarter
Taxes paid related to net share settlement of equity awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $62.50M USD 1 Quarter
Taxes paid related to net share settlement of equity awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $141.83M USD 1 Quarter
Proceeds received under the ESPP ProceedsFromStockPlans $8.97M USD 1 Quarter
Proceeds received under the ESPP ProceedsFromStockPlans $4.56M USD 1 Quarter
Customer custodial cash liabilities IncreaseDecreaseInDeposits $528.96M USD 1 Quarter
Customer custodial cash liabilities IncreaseDecreaseInDeposits $-738.76M USD 1 Quarter
Assets received as collateral ProceedsFromAssetsReceivedAsCollateral $3.12M USD 1 Quarter
Assets received as collateral ProceedsFromAssetsReceivedAsCollateral - USD 1 Quarter
Assets received as collateral returned PaymentsForCollateralAssetsReturned - USD 1 Quarter
Assets received as collateral returned PaymentsForCollateralAssetsReturned $2.40M USD 1 Quarter
Proceeds from short-term borrowings ProceedsFromIssuanceOfLoansFinancingActivities $31.64M USD 1 Quarter
Proceeds from short-term borrowings ProceedsFromIssuanceOfLoansFinancingActivities $149.40M USD 1 Quarter
Repayments of short-term borrowings RepaymentsOfShortTermDebt $20.00M USD 1 Quarter
Repayments of short-term borrowings RepaymentsOfShortTermDebt $52.12M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $460.13M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-725.32M USD 1 Quarter
Net increase (decrease) in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $897.13M USD 1 Quarter
Net increase (decrease) in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-1.51B USD 1 Quarter
Effect of exchange rates on cash, cash equivalents, and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $11.38M USD 1 Quarter
Effect of exchange rates on cash, cash equivalents, and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-5.51M USD 1 Quarter
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $16.17B USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $10.34B USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $17.68B USD Point-in-time
Cash, cash equivalents, and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $9.43B USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $16.17B USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $10.34B USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $17.68B USD Point-in-time
Cash, cash equivalents, and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $9.43B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $6.12B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $5.02B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $4.43B USD Point-in-time
Restricted cash RestrictedCashCurrent $25.87M USD Point-in-time
Restricted cash RestrictedCashCurrent $26.71M USD Point-in-time
Restricted cash RestrictedCashCurrent $27.11M USD Point-in-time
Customer custodial funds ClientCustodialCashExcludingInTransitFundsReclassedCurrent $5.29B USD Point-in-time
Customer custodial funds ClientCustodialCashExcludingInTransitFundsReclassedCurrent $10.02B USD Point-in-time
Total cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $16.17B USD Point-in-time
Total cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $10.34B USD Point-in-time
Total cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $17.68B USD Point-in-time
Total cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $9.43B USD Point-in-time
Cash paid during the period for interest InterestPaidNet $74.00K USD 1 Quarter
Cash paid during the period for interest InterestPaidNet $190.00K USD 1 Quarter
Cash paid during the period for income taxes IncomeTaxesPaidNet $1.98M USD 1 Quarter
Cash paid during the period for income taxes IncomeTaxesPaidNet $5.32M USD 1 Quarter
Operating cash outflows for amounts included in the measurement of operating lease liabilities CapitalLeaseObligationsIncurred $4.67M USD 1 Quarter
Operating cash outflows for amounts included in the measurement of operating lease liabilities CapitalLeaseObligationsIncurred $3.77M USD 1 Quarter
Unsettled purchases of property and equipment CapitalExpendituresIncurredButNotYetPaid $234.00K USD 1 Quarter
Unsettled purchases of property and equipment CapitalExpendituresIncurredButNotYetPaid - USD 1 Quarter
Right-of-use assets obtained in exchange for operating lease obligations RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $1.05M USD 1 Quarter
Right-of-use assets obtained in exchange for operating lease obligations RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability - USD 1 Quarter
Non-cash consideration paid for business combinations NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsideration $51.49M USD 1 Quarter
Non-cash consideration paid for business combinations NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsideration $324.93M USD 1 Quarter
Purchase of crypto assets and investments with non-cash consideration NoncashOrPartNoncashAcquisitionIndefiniteLivedCryptoAssetsAndInvestments $12.88M USD 1 Quarter
Purchase of crypto assets and investments with non-cash consideration NoncashOrPartNoncashAcquisitionIndefiniteLivedCryptoAssetsAndInvestments $3.56M USD 1 Quarter
Disposal of crypto assets for non-cash consideration NoncashOrPartNoncashCryptoAssetsDisposed $5.44M USD 1 Quarter
Disposal of crypto assets for non-cash consideration NoncashOrPartNoncashCryptoAssetsDisposed - USD 1 Quarter
Crypto assets borrowed NoncashOrPartNoncashCryptoAssetsBorrowed $249.76M USD 1 Quarter
Crypto assets borrowed NoncashOrPartNoncashCryptoAssetsBorrowed $170.60M USD 1 Quarter
Crypto assets borrowed repaid with crypto assets NoncashOrPartNoncashCryptoAssetsBorrowedAndRepaid $317.04M USD 1 Quarter
Crypto assets borrowed repaid with crypto assets NoncashOrPartNoncashCryptoAssetsBorrowedAndRepaid $200.15M USD 1 Quarter
Realized gain on crypto assets held as investments NoncashOrPartNoncashRealizedGainOnIndefiniteLivedCryptoAssetsHeldAsInvestments - USD 1 Quarter
Realized gain on crypto assets held as investments NoncashOrPartNoncashRealizedGainOnIndefiniteLivedCryptoAssetsHeldAsInvestments $48.49M USD 1 Quarter
Non-cash assets pledged as collateral NoncashOrPartNoncashAssetsPledgedAsCollateral $30.77M USD 1 Quarter
Non-cash assets pledged as collateral NoncashOrPartNoncashAssetsPledgedAsCollateral - USD 1 Quarter
Non-cash assets pledged as collateral returned NoncashOrPartNoncashPledgedCollateralAssetsReturned $10.74M USD 1 Quarter
Non-cash assets pledged as collateral returned NoncashOrPartNoncashPledgedCollateralAssetsReturned - USD 1 Quarter
Non-cash assets received as collateral NoncashOrPartNoncashAssetsReceivedAsCollateral - USD 1 Quarter
Non-cash assets received as collateral NoncashOrPartNoncashAssetsReceivedAsCollateral $19.12M USD 1 Quarter
Non-cash assets received as collateral returned NoncashOrPartNoncashCollateralAssetsReceivedReturned $45.99M USD 1 Quarter
Non-cash assets received as collateral returned NoncashOrPartNoncashCollateralAssetsReceivedReturned - USD 1 Quarter
Stockholders Equity 22 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquity $6.50B USD Point-in-time
Beginning balance StockholdersEquity $5.45B USD Point-in-time
Beginning balance StockholdersEquity $5.67B USD Point-in-time
Beginning balance StockholdersEquity $6.38B USD Point-in-time
Issuance of common stock upon exercise of stock options, net of repurchases (in shares) StockIssuedDuringPeriodSharesStockOptionsExercised 707,000.00 shares 1 Quarter
Issuance of common stock upon exercise of stock options, net of repurchases StockIssuedDuringPeriodValueStockOptionsExercised $9.57M USD 1 Quarter
Issuance of common stock upon exercise of stock options, net of repurchases StockIssuedDuringPeriodValueStockOptionsExercised $18.50M USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $212.98M USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $353.54M USD 1 Quarter
Issuance of equity instruments as consideration for business combination StockIssuedDuringPeriodValueAcquisitions $44.99M USD 1 Quarter
Issuance of equity instruments as consideration for business combination StockIssuedDuringPeriodValueAcquisitions $314.36M USD 1 Quarter
Issuance of common stock upon settlement of RSUs and restricted common stock, net of shares withheld StockIssuedDuringPeriodValueRestrictedStockUnitNetOfSharesWithheld $-141.83M USD 1 Quarter
Issuance of common stock upon settlement of RSUs and restricted common stock, net of shares withheld StockIssuedDuringPeriodValueRestrictedStockUnitNetOfSharesWithheld $-62.50M USD 1 Quarter
Stock-based compensation expense recognized in relation to restructuring AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition $84.04M USD 1 Quarter
Comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-495.00K USD 1 Quarter
Comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $10.20M USD 1 Quarter
Net loss NetIncomeLoss $-429.66M USD 1 Quarter
Net loss NetIncomeLoss $-78.90M USD 1 Quarter
Ending balance StockholdersEquity $6.50B USD Point-in-time
Ending balance StockholdersEquity $5.45B USD Point-in-time
Ending balance StockholdersEquity $5.67B USD Point-in-time
Ending balance StockholdersEquity $6.38B USD Point-in-time
Comprehensive Income 6 line items
Line Item Tag Value Unit Period
Net loss NetIncomeLoss $-429.66M USD 1 Quarter
Net loss NetIncomeLoss $-78.90M USD 1 Quarter
Translation adjustment, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $10.20M USD 1 Quarter
Translation adjustment, net of tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-495.00K USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-68.70M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-430.15M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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