Bakkt Results Presentation Deck
NOTES
Balance
sheet
bakkt
Assets
Current Assets:
Cash and cash equivalents
Restricted cash
Customer funds
Accounts receivable, net
Prepaid insurance
Other current assets
Total current assets.
Property, equipment and software, net
Goodwill
Intangible assets, net
Deposits with clearinghouse, noncurrent
Other assets
Total assets
Liabilities, Stockholders' Equity and Members' Equity
Current liabilities:
Accounts payable and accrued liabilities
Customer funds payable
Deferred revenue, current
Due to related party
Other current liabilities
Total current liabilities
Deferred revenue, noncurrent
Warrant liability
Deferred tax liabilities, net
Other noncurrent liabilities
Total liabilities
Stockholders' equity:
Class A common stock ($0.0001 par value, 750,000,000 shares authorized, 57,164,488
shares issued and outstanding as of March 31, 2022 and 57,164,388 shares issued and
outstanding as of December 31, 2021)
Class V common stock ($0.0001 par value, 250,000,000 shares authorized; 206,003,270
shares issued and outstanding as of March 31, 2022 and 206,271,792 shares issued and
outstanding as of December 31, 2021)
Additional paid-in capital
Accumulated other comprehensive income (loss)
Accumulated deficit
Total stockholders' equity and members' equity.
Noncontrolling interest
Total equity
Total liabilities, stockholders' equity and members' equity
As of 3/31/22
Successor
$355.2
16.5
0.6
19.5
27.9
8.4
428.0
10.7
1,527.1
383.1.
15.2
19.9
$2,384.0
$64.3
0.6
4.4
0.4
3.2
72.9
4.1
15.0
8.4
18.3
118.7
0.0
0.0
580.0
(0.0)
(105.5)
474.5
1,790.8
2,265.3
$2,384.0
As of 12/31/21
$391.4
16.5
0.6
18.1
32.2
4.8
463.5
6.1
1,527.1
388.5
15.2
13.9
$2,414.3
$64.1
0.6
4.6
0.6
3.7
73.6
4.8
17.4
11.6
12.7
120.1
0.0
0.0
566.8
(0.1)
(98.3)
468.4
1,825.8
2,294.2
$2,414.3
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