Bakkt Results Presentation Deck
NOTES
Income
statement
bakkt
Income Statement ($ in thousands)
Revenues:
Net revenues (net revenues from affiliate of $111. $1,149,
$154 and $2.153, respectively)
Operating expenses:
Compensation and benefits
Professional services
Technology and communication
Selling, general and administrative
Acquisition-related expenses
Depreciation and amortization
Affiliate expenses
Impairment of long-lived assets
Other operating expenses
Total operating expenses
Operating loss
Interest income (expense), net
Other income (expense), net
Loss before income taxes
Income tax expense
Net loss
Currency translation adjustment, net of tax
Comprehensive loss
Three Months Ended
September 30,
2020
2021
$9,142
22,225
3,334
3,148
1,766
3,270
471
341
39.004
(29,062)
(96)
1,123
(20.035)
(12)
$(28,847)
(191)
$(29,038)
$6,629
12,637
2.392
2.311
1,664
2,232
471
2,450
180
24.337
(17,708)
(169)
83
(17,960)
(11)
$(17,971)
Nine Months Ended
September 30,
2021
$25,773
57.375
5,006
9,851
19.514
12.075
9,090
1,413
1.038
115,370
(89,597)
(239)
473
(89,363)
(195)
$(89,558)
(18)
$(17,884) $(89,576)
2020
$19,067
30,500
4.657
6,950
3,472
11,477
5,536
2,611
3,843
366
69,448
(50,381)
25.5
146
(49,980)
(36)
$(50,016)
$(50,096)
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