Exodus Movement, Inc.
Business
Exodus Movement, Inc. operates an un-hosted, self-custodial blockchain wallet platform enabling users to store, send, and receive digital assets across desktop and mobile without surrendering private keys. The platform integrates third-party API providers offering exchanges, fiat on- and off-ramps, and staking services. Exodus generates revenue through subscription and transaction-based fees from API Providers, and has acquired Gratitud Interna Ltd. and agreed to acquire W3C Corp. to expand payment capabilities.
Summary from 10-K filed 2026-03-11
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| REVENUES | 122 | 116 | 56 | |
| Technology, development and user support | 63 | 46 | 31 | |
| General and administrative | 66 | 40 | 19 | |
| Loss (gain) on digital assets, net | 19 | −96 | −1 | |
| Gain on sale of future token interests | −2 | 0 | — | |
| Impairment on other assets | 179,000 | 336,000 | 207,000 | |
| Staking and other income | −271,000 | −1 | — | |
| Other loss, net | 512,000 | 209,000 | −248,000 | |
| Interest income | −5 | −3 | −2 | |
| Interest expense | 570,000 | 0 | — | |
| Total (loss) income before income taxes | −21 | 131 | 11 | |
| INCOME TAX BENEFIT (EXPENSE) | 9 | −18 | 2 | |
| NET (LOSS) INCOME | −11 | 113 | 13 | |
| Foreign currency translation adjustment | −1 | 725,000 | −783,000 | |
| COMPREHENSIVE (LOSS) INCOME | −13 | 114 | 12 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 5 | 38 | 11 | — | |
| U.S. dollar coin | 222,000 | 12,000 | 517,000 | — | |
| Treasury bills | 0 | 30 | 43 | — | |
| Accounts receivable | 5 | 8 | 3 | — | |
| Prepaid expenses | 3 | 2 | 1 | — | |
| Income tax receivable | 3 | 4 | — | — | |
| Loans receivable, net | 81 | 0 | — | — | |
| Other current assets | 2 | 125,000 | 5,000 | — | |
| Total current assets | 99 | 83 | 60 | — | |
| Fixed assets, net | 458,000 | 357,000 | 317,000 | — | |
| Digital assets | 156 | 196 | 35 | — | |
| Software assets, net | 5 | 6 | 8 | — | |
| Definite and indefinite-lived intangible assets, net | 5 | 2 | — | — | |
| Other long-term assets | 1 | 209,000 | — | — | |
| Total other assets | 167 | 205 | 52 | — | |
| TOTAL ASSETS | 267 | 288 | 112 | — | |
| Accounts payable | 1 | 1 | 1 | — | |
| Accrued liabilities | 2 | 3 | — | — | |
| Payroll liabilities | 4 | 4 | — | — | |
| Other current liabilities | 0 | 12,000 | 6 | — | |
| Total current liabilities | 7 | 8 | 8 | — | |
| Other long-term liabilities | 0 | 344,000 | 412,000 | — | |
| Deferred tax liability | 12 | 22 | — | — | |
| Total long-term liabilities | 12 | 22 | 412,000 | — | |
| Total liabilities | 19 | 30 | 8 | — | |
| Preferred stock $0.000001 par value, 5,000,000 shares authorized, no shares issued and outstanding | 0 | 0 | — | — | |
| ADDITIONAL PAID IN CAPITAL | 127 | 124 | 123 | — | |
| ACCUMULATED OTHER COMPREHENSIVE LOSS | −2 | −752,000 | −1 | — | |
| RETAINED EARNINGS | 123 | 134 | −17 | — | |
| Total shareholders' equity | 247 | 258 | 104 | 86 | |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 267 | 288 | 112 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Depreciation and amortization | 4 | 5 | 5 | |
| Deferred Income Tax Expense (Benefit) | −10 | 18 | −5 | |
| Impairment of other assets | 179,000 | 336,000 | 207,000 | |
| Loss (gain) on digital assets, net | 19 | −96 | — | |
| Staking and other income | −271,000 | −1 | — | |
| Other loss, net | 512,000 | 209,000 | −248,000 | |
| Share-based compensation | 14 | 7 | 6 | |
| Noncash equity-based compensation - warrants | 2 | 0 | — | |
| Accrued interest income | −2 | −2 | −1 | |
| Other operating activities settled in digital assets and USDC | −39 | −52 | −17 | |
| Accounts receivable | 397,000 | 71,000 | — | |
| Prepaid expenses | 620,000 | −687,000 | 1 | |
| Other current assets | −335,000 | −4 | 72,000 | |
| Other long-term asset | 79,000 | −109,000 | — | |
| Accounts payable | 69,000 | 111,000 | 471,000 | |
| Accrued liabilities | −716,000 | 3 | — | |
| Income tax payable | 0 | −989,000 | — | |
| Other current liabilities | −13,000 | −714,000 | 859,000 | |
| Other long-term liabilities | −343,000 | −68,000 | 45,000 | |
| Net cash used in operating activities | −26 | −12 | 692,000 | |
| Investment in SAFE notes | −600,000 | 0 | — | |
| Purchase of equity security | −249,000 | 0 | — | |
| Purchases of long-lived assets | −2 | −201,000 | — | |
| Proceeds from sale of future token interests | 2 | 0 | — | |
| Purchases of fixed assets | −267,000 | −273,000 | −67,000 | |
| Purchases of treasury bills | −5 | −77 | −84 | |
| Redemption of treasury bills | 36 | 91 | 75 | |
| Purchases of digital assets | −6 | −3 | — | |
| Disposal of digital assets held | 64 | 32 | — | |
| Issuance of loan receivables | −80 | 0 | — | |
| Other investing activities | −100,000 | 0 | — | |
| Net cash provided by investing activities | 8 | 44 | −9 | |
| Borrowing on term loan | 60 | 0 | — | |
| Payments on term loan | −60 | 0 | — | |
| Repurchase of shares to pay employee withholding taxes | −15 | −5 | −715,000 | |
| Exercise of stock options | 35,000 | 13,000 | 33,000 | |
| Net cash used in financing activities | −15 | −5 | −682,000 | |
| Change in cash and cash equivalents | −33 | 27 | — | |
| Non-cash issuance of stock | 80,000 | 10,000 | 20,000 | |
| Non-cash purchase of fixed assets | −36,000 | −44,000 | −21,000 | |
| Non-cash option exercises | 32,000 | 3 | — | |
| Non-cash capitalized software costs settled in digital assets and stock (including share-based compensation of $726 and $561 respectively) | −2 | −4 | −5 | |
| Non-cash capitalized interest on notes receivable | 600,000 | 0 | — | |
| Long-lived assets acquired through equity issuance | 1 | 0 | — | |
| Cash paid for interest on debt | 570,000 | 0 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Exodus Movement, Inc.'s CIK number?
Exodus Movement, Inc.'s SEC CIK number is 0001821534 (1821534). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Exodus Movement, Inc.'s SEC filings?
All of Exodus Movement, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Exodus Movement, Inc. last report earnings?
Exodus Movement, Inc. (EXOD) most recently filed an earnings 8-K with the SEC on May 11, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-033631). This is Exodus Movement, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Exodus Movement, Inc.'s most recent earnings 8-K?
Exodus Movement, Inc.'s latest earnings 8-K (Item 2.02) was filed May 11, 2026 under accession 0001628280-26-033631. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Exodus Movement, Inc.'s latest earnings 8-K →
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