XML 11 R4.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current:    
Cash and cash equivalents $ 48,038 $ 29,472
Cryptocurrencies 11,563 1,510
Accounts receivable 38 275
Prepaid expenses and other current assets 3,052 3,076
Total current assets 62,691 34,333
Property and equipment:    
Furniture and fixtures 635 635
Leasehold improvements 172 172
Kiosk machines - owned 38,209 36,831
Kiosk machines - leased 8,973 10,367
Total property and equipment 47,989 48,005
Less: accumulated depreciation (23,448) (21,158)
Total property and equipment, net 24,541 26,847
Intangible assets, net 1,568 2,320
Goodwill 8,717 8,717
Operating lease right-of-use assets, net 2,083 2,595
Deposits 1,109 734
Deferred tax assets 8,344 4,558
Total assets 109,053 80,104
Current:    
Accounts payable 10,087 11,557
Accrued expenses and other current liabilities 16,933 14,260
Notes payable, current portion 8,757 6,022
Income taxes payable 4,549 2,207
Deferred revenue 361 20
Operating lease liabilities, current portion 795 858
Current installments of obligations under finance leases 3,061 3,446
Other non-income tax payable 0 2,259
Total current liabilities 44,543 40,629
Long-term liabilities    
Notes payable, non-current 57,250 49,457
Operating lease liabilities, non-current 1,291 1,774
Obligations under finance leases, non-current 672 1,950
Deferred income tax, net 604 604
Tax receivable agreement liability due to related party, non-current 0 2,176
Total Liabilities 104,360 96,590
Commitments and Contingencies (Note 19)
Stockholders' (Deficit) Equity    
Treasury stock (437) (437)
Additional paid-in capital 36,069 21,491
Accumulated deficit (33,234) (44,349)
Accumulated other comprehensive loss (249) (342)
Total Stockholders' Equity (Deficit) Attributable to Bitcoin Depot Inc. 2,156 (23,632)
Non-controlling interest    
Equity attributable to non-controlling interests 2,537 7,146
Total Stockholders' Equity (Deficit) 4,693 (16,486)
Total Liabilities and Stockholders' Equity 109,053 80,104
Series A Preferred Stock [Member]    
Stockholders' (Deficit) Equity    
Series A Preferred Stock, $0.0001 par value; 50,000,000 authorized, 0 and 1,733,884 shares issued and outstanding, at June 30, 2025 and December 31, 2024, respectively 0 0
Class A Common Stock [Member]    
Stockholders' (Deficit) Equity    
Common stock 3 1
Class E Common Stock [Member]    
Stockholders' (Deficit) Equity    
Common stock 0 0
Class M Common Stock [Member]    
Stockholders' (Deficit) Equity    
Common stock 4 0
Class V Common Stock [Member]    
Stockholders' (Deficit) Equity    
Common stock $ 0 $ 4