XML 10 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current:    
Cash and cash equivalents $ 43,942 $ 29,759
Cryptocurrencies 600 712
Accounts receivable 317 245
Prepaid expenses and other current assets 9,777 6,554
Total current assets 54,636 37,270
Property and equipment:    
Furniture and fixtures 635 635
Leasehold improvements 172 172
Kiosk machines - owned 27,100 24,222
Kiosk machines - leased 22,394 20,524
Total property and equipment 50,301 45,553
Less: accumulated depreciation (25,758) (20,699)
Total property and equipment, net 24,543 24,854
Intangible assets, net 3,168 3,836
Goodwill 8,717 8,717
Operating lease right-of-use assets, net 2,489 484
Deposits 699 412
Deferred tax assets 3,286 1,804
Total assets 97,538 77,377
Current:    
Accounts payable 10,326 8,337
Accrued expenses and other current liabilities 21,591 21,545
Notes payable 4,366 3,985
Income taxes payable 2,811 2,484
Deferred revenue 13 297
Operating lease liabilities, current portion 813 279
Current installments of obligations under finance leases 4,761 6,801
Other non-income tax payable 2,235 2,297
Total current liabilities 46,916 46,025
Long-term liabilities    
Notes payable, non-current 38,793 17,101
Operating lease liabilities, non-current 1,754 319
Obligations under finance leases, non-current 2,653 2,848
Deferred income tax, net 853 846
Tax receivable agreement liability due to related party, non-current 2,126 865
Total Liabilities 93,095 68,004
Commitments and Contingencies (Note 19)
Stockholders' Equity    
Treasury stock (437) (279)
Additional paid-in capital 20,731 17,326
Accumulated deficit (36,762) (32,663)
Accumulated other comprehensive loss (198) (203)
Total Stockholders' Deficit Attributable to Bitcoin Depot Inc. (16,661) (15,814)
Non-controlling interest    
Equity attributable to non-controlling interests 21,104 25,187
Total Stockholders' Equity 4,443 9,373
Total Liabilities and Stockholders' Equity 97,538 77,377
Series A Preferred Stock [Member]    
Stockholders' Equity    
Series A Preferred Stock, $0.0001 par value; 50,000,000 authorized, 3,075,000 and 3,125,000 shares issued and outstanding, at June 30, 2024 and December 31, 2023, respectively 0 0
Common Class A [Member]    
Stockholders' Equity    
Common stock 1 1
Class E Common Stock [Member]    
Stockholders' Equity    
Common stock 0 0
Common Class B [Member]    
Stockholders' Equity    
Common stock 0 0
Common Class M [Member]    
Stockholders' Equity    
Common stock 0 0
Common Class O [Member]    
Stockholders' Equity    
Common stock 0 0
Common Class V [Member]    
Stockholders' Equity    
Common stock $ 4 $ 4