10-Q Filing

GALAXY DIGITAL INC. CIK: 1859392 Q1 2025

Filing Information

Form Type	10-Q
Accession Number	`0001859392-25-000005`
Period End Date	20250331
Filing Date	20250513
Fiscal Year	2025
Fiscal Period	Q1
XBRL Instance	glxy-20250331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 24 Cash Flow Statement 28 Stockholders Equity 28

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Common stock, par or stated value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par or stated value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par or stated value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par or stated value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	1,000.00	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	1,000.00	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	1,000.00	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	1,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.00K	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	100.00	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	100.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.00K	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	100.00	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	100.00	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	100.00	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	100.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.00K	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.00K	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Total assets	`Assets`	$1.00K	USD	Point-in-time
Total assets	`Assets`	$1.00K	USD	Point-in-time
Total assets	`Assets`	$1.00K	USD	Point-in-time
Total assets	`Assets`	$1.00K	USD	Point-in-time
Common stock, par or stated value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par or stated value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par or stated value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par or stated value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value $0.01 per share, 1,000 shares authorized, 100 shares issued and outstanding	`CommonStockValue`	-	USD	Point-in-time
Common stock, par value $0.01 per share, 1,000 shares authorized, 100 shares issued and outstanding	`CommonStockValue`	-	USD	Point-in-time
Common stock, par value $0.01 per share, 1,000 shares authorized, 100 shares issued and outstanding	`CommonStockValue`	-	USD	Point-in-time
Common stock, par value $0.01 per share, 1,000 shares authorized, 100 shares issued and outstanding	`CommonStockValue`	-	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$5.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$5.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$5.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$5.00K	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-4.00K	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-4.00K	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-4.00K	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-4.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$3.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.00K	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.00K	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.00K	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.00K	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$1.00K	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	1 Quarter
Bank charges	`BankCharges`	-	USD	1 Quarter
Bank charges	`BankCharges`	-	USD	1 Quarter
Bank charges	`BankCharges`	$1.00K	USD	1 Quarter
Bank charges	`BankCharges`	$1.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	-	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	-	USD	1 Quarter
Net income / (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	-	USD	1 Quarter
Net income / (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	-	USD	1 Quarter
Net income / (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.00K	USD	1 Quarter
Net income / (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.00K	USD	1 Quarter
Income tax expense / (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense / (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense / (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense / (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net income / (loss)	`NetIncomeLoss`	$-1.00K	USD	1 Quarter
Net income / (loss)	`NetIncomeLoss`	$-1.00K	USD	1 Quarter
Net income / (loss)	`NetIncomeLoss`	-	USD	1 Quarter
Net income / (loss)	`NetIncomeLoss`	-	USD	1 Quarter

Cash Flow Statement 28 line items

Line Item	Tag	Value	Unit	Period
Loss for the period	`NetIncomeLoss`	$-1.00K	USD	1 Quarter
Loss for the period	`NetIncomeLoss`	$-1.00K	USD	1 Quarter
Loss for the period	`NetIncomeLoss`	-	USD	1 Quarter
Loss for the period	`NetIncomeLoss`	-	USD	1 Quarter
Net cash provided by / (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.00K	USD	1 Quarter
Net cash provided by / (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.00K	USD	1 Quarter
Net cash provided by / (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Net cash provided by / (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Net increase / (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.00K	USD	1 Quarter
Net increase / (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.00K	USD	1 Quarter
Net increase / (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	1 Quarter
Net increase / (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.00K	USD	Point-in-time

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$3.00K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.00K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.00K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.00K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.00K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.00K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.00K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.00K	USD	Point-in-time
Loss for the period	`NetIncomeLoss`	$-1.00K	USD	1 Quarter
Loss for the period	`NetIncomeLoss`	$-1.00K	USD	1 Quarter
Loss for the period	`NetIncomeLoss`	-	USD	1 Quarter
Loss for the period	`NetIncomeLoss`	-	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	100.00	shares	Point-in-time
Ending balance	`StockholdersEquity`	$3.00K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.00K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.00K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.00K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.00K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.00K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.00K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.00K	USD	Point-in-time

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