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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash, cash equivalents and restricted cash (including $5,061 and $5,007 invested in the WisdomTree Government Money Market Digital Fund at March 31, 2024 and December 31, 2023, respectively) (Note 3) $ 116,926 $ 129,305
Financial instruments owned, at fair value (including $48,353 and $47,559 invested in WisdomTree products at March 31, 2024 and December 31, 2023, respectively) (Note 5) 58,301 58,722
Accounts receivable (including $31,178 and $28,511 due from related parties at March 31, 2024 and December 31, 2023, respectively) 40,020 35,473
Prepaid expenses 6,491 5,258
Other current assets 1,284 1,036
Total current assets 223,022 229,794
Fixed assets, net 436 427
Securities held-to-maturity 224 230
Deferred tax assets, net (Note 21) 5,477 11,057
Investments (Note 7) 9,606 9,684
Right of use assets—operating leases (Note 13) 243 563
Goodwill (Note 23) 86,841 86,841
Intangible assets, net (Note 23) 605,347 605,082
Other noncurrent assets 456 459
Total assets 931,652 944,137
Current liabilities:    
Fund management and administration payable 32,665 30,085
Compensation and benefits payable 9,624 38,111
Payable to Gold Bullion Holdings (Jersey) Limited (“GBH”) (Note 12) 14,804 14,804
Income taxes payable 1,140 3,866
Operating lease liabilities (Note 13) 251 578
Accounts payable and other liabilities 17,105 15,772
Total current liabilities 75,589 103,216
Convertible notes (Note 10) 275,263 274,888
Payable to GBH (Note 12) 24,994 24,328
Total liabilities 375,846 402,432
Preferred stock—Series A Non-Voting Convertible, par value $0.01; 14.750 shares authorized, issued and outstanding; redemption value of $123,108 and $96,869 at March 31, 2024 and December 31, 2023, respectively) (Note 11) 132,569 132,569
Contingencies (Note 14)
Stockholders’ equity    
Preferred stock, par value $0.01; 2,000 shares authorized
Common stock, par value $0.01; 400,000 shares authorized; issued and outstanding: 151,819 and 150,330 at March 31, 2024 and December 31, 2023, respectively 1,518 1,503
Additional paid-in capital 309,768 312,440
Accumulated other comprehensive loss (907) (548)
Retained earnings 112,858 95,741
Total stockholders’ equity 423,237 409,136
Total liabilities and stockholders’ equity $ 931,652 $ 944,137