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Consolidated Statements Of (Loss) Income And Comprehensive (Loss) Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenue $ 163,066 $ 197,474 $ 301,605 $ 361,077
Cost of revenue (excluding depreciation and amortization) 136,708 167,242 257,995 308,543
Operating expenses:        
Selling, general, and administrative 15,762 16,168 29,368 27,003
Depreciation and amortization 2,992 3,499 5,939 6,295
Total operating expenses 18,754 19,667 35,307 33,298
Income from operations 7,604 10,565 8,303 19,236
Other (expense) income:        
Interest (expense) (2,880) (4,404) (7,824) (7,351)
Other income (expense) 34 (10,797) 40 (10,913)
Loss on foreign currency transactions (138) (62) (265) (211)
Total other (expense) (2,984) (15,263) (8,049) (18,475)
(Loss) Income before provision for income taxes and non-controlling interest 4,620 (4,698) 254 761
Income tax (expense) benefit (270) 692 (132) 1,314
Net income (loss) 4,350 (4,006) 122 2,075
Net income attributable to Legacy Bitcoin Depot unit holders 0 6,616 0 12,906
Net income attributable to non-controlling interest 6,911 77 4,221 (132)
Net income (loss) post the Merger (2,561) (10,699) (4,099) (10,699)
Net income (loss) 4,350 (4,006) 122 2,075
Foreign currency translation adjustments 5 (21) 18 (21)
Total comprehensive income (loss) 4,355 (4,027) 140 2,054
Comprehensive income attributable to Legacy Bitcoin Depot unit holders 0 6,595 0 12,885
Comprehensive income (loss) attributable to non-controlling interest 6,911 77 4,234 (132)
Comprehensive (loss) attributable to Bitcoin Depot Inc. $ (2,556) $ (10,699) $ (4,094) $ (10,699)
(Loss) earnings per share basic $ (0.13) $ (0.64) $ (0.23) $ (0.64)
(Loss) earnings per share diluted $ (0.13) $ (0.64) $ (0.23) $ (0.64)
Weighted average shares:        
Weighted average shares Basic 19,432,011 16,658,691 18,016,761 16,658,691
Weighted average shares diluted 19,432,011 16,658,691 18,016,761 16,658,691