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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues:    
Total revenues $ 780,136 $ 56,224
Operating expenses:    
Crypto costs (See Note 2) 718,511 1,657
Execution, clearing and brokerage fees 3,772 0
Compensation and benefits 102,042 139,049
Professional services 10,382 11,483
Technology and communication 20,837 17,079
Selling, general and administrative 33,385 35,414
Acquisition-related expenses 4,299 5,675
Depreciation and amortization 13,932 25,350
Related party expenses 3,902 1,168
Goodwill and intangible assets impairments 60,499 1,822,089
Impairment of long-lived assets 30,265 11,494
Restructuring expenses 4,608 2,336
Other operating expenses 1,592 2,343
Total operating expenses 1,008,026 2,075,137
Operating loss (227,890) (2,018,913)
Interest income, net 4,338 1,877
(Loss) gain from change in fair value of warrant liability (1,571) 16,638
Other expense, net (245) (856)
Loss before income taxes (225,368) (2,001,254)
Income tax (expense) benefit (444) 11,320
Net loss (225,812) (1,989,934)
Less: Net loss attributable to noncontrolling interest (150,958) (1,411,829)
Net loss attributable to Bakkt Holdings, Inc. $ (74,854) $ (578,105)
Net loss per share attributable to Class A common stockholders:    
Basic (in dollars per share) $ (0.84) $ (8.12)
Diluted (in dollars per share) $ (0.84) $ (8.12)
Crypto services    
Revenues:    
Total revenues $ 726,988 $ 1,745
Loyalty services, net    
Revenues:    
Total revenues $ 53,148 $ 54,479