Exodus Movement, Inc.EXOD

Exodus Movement, Inc. Segments Disclosure

10-KFiled Mar 11, 20261 min read
Segment Reporting
The Company has one reportable segment: revenues. Factors that management used to identify the Company’s reportable
segment include the Company’s integrated business model, shared customer base, centralized corporate functions, and
uniform service offerings in determining that the business operates as a single segment. A description of the types of
products and services from which the reportable segment derives its revenues as well as the accounting policies applicable
to the reportable segment can be found in "Note 2 – Summary of Significant Accounting Policies". Entity-wide information
can be found in "Note 3 – Revenue Recognition". The chief operating decision maker, who is the chief executive officer,
assesses the performance of the Company using consolidated net (loss) income for the reportable segment and decides how
to allocate resources based on revenues, technology, development and user support, general and administrative expenses,
and net (loss) income which are reported under identical captions in the consolidated statements of operations and
comprehensive (loss) income. No additional measures of segment assets, profit, or loss are used in internal management
reporting. The Company does not have intra-entity sales or material intra-entity transfers for consideration in the segment
analysis. Information about reported segment revenue and profit as well as significant segment expenses can be found in
the consolidated statements of operations and comprehensive (loss) income.

Historical Timeline

Fiscal YearFiled
2025Mar 11, 2026Showing above
2024Mar 6, 2025

About Segments Disclosures

Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.

Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.

Other Available Disclosures

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