Coinbase Files 2023 Annual Report, Detailing Fiscal Year End

TL;DR

**Coinbase just dropped its 2023 annual report, giving us the full financial picture for the year ending December 31st!**

AI Summary

This 10-K filing for Coinbase Global, Inc. covers the fiscal year ending December 31, 2023, and was officially filed with the SEC on February 15, 2024. The document, identified by accession number 0001679788-24-000022, serves as the company's annual report. It confirms Coinbase operates within the Finance Services industry (SIC 6199) and is incorporated in Delaware.

Why It Matters

This annual 10-K filing provides investors and the public with a comprehensive, audited overview of Coinbase Global, Inc.'s financial performance and operational status for the past year, crucial for informed investment decisions.

Risk Assessment

Risk Level: medium — While a 10-K is a standard regulatory filing, Coinbase operates in the volatile cryptocurrency market, inherently carrying higher risk than traditional finance.

Key Numbers

• 2023-12-31 — Fiscal Year End (The period covered by the annual report.)
• 2024-02-15 — Filing Date (Date the 10-K was officially submitted to the SEC.)
• 160 — Public Document Count (Number of public documents associated with this filing.)
• 001-40289 — SEC File Number (Unique identifier for the company's SEC filings.)

Key Players & Entities

• Coinbase Global, Inc. (company) — Filing entity
• SEC (company) — Regulatory body
• Delaware (company) — State of incorporation
• 0001679788 (dollar_amount) — Central Index Key (CIK)

FAQ

From the Filing

0001679788-24-000022.txt : 20240215 0001679788-24-000022.hdr.sgml : 20240215 20240215163425 ACCESSION NUMBER: 0001679788-24-000022 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 160 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240215 DATE AS OF CHANGE: 20240215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Coinbase Global, Inc. CENTRAL INDEX KEY: 0001679788 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 464707224 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40289 FILM NUMBER: 24644327 BUSINESS ADDRESS: STREET 1: C/O CORPORATION SERVICE COMPANY STREET 2: 251 LITTLE FALLS DRIVE CITY: WILMINGTON STATE: DE ZIP: 19808 BUSINESS PHONE: 3026365401 MAIL ADDRESS: STREET 1: C/O CORPORATION SERVICE COMPANY STREET 2: 251 LITTLE FALLS DRIVE CITY: WILMINGTON STATE: DE ZIP: 19808 10-K 1 coin-20231231.htm 10-K coin-20231231 0001679788 FALSE 2023 FY P3Y P2Y P1Y 0.0026994 http://fasb.org/us-gaap/2023#AccountsNotesAndLoansReceivableNetCurrent http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2023#AccountsNotesAndLoansReceivableNetCurrent http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#DerivativeLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#DerivativeLiabilitiesCurrent http://www.coinbase.com/20231231#IndefiniteLivedCryptoAssets http://www.coinbase.com/20231231#IndefiniteLivedCryptoAssets P10Y P1Y P10Y 0.02083 301 145 145 0001679788 2023-01-01 2023-12-31 0001679788 2023-06-30 iso4217:USD 0001679788 us-gaap:CommonClassAMember 2024-02-08 xbrli:shares 0001679788 us-gaap:CommonClassBMember 2024-02-08 0001679788 2023-12-31 0001679788 2022-12-31 iso4217:USD xbrli:shares 0001679788 us-gaap:CommonClassAMember 2023-12-31 0001679788 us-gaap:CommonClassAMember 2022-12-31 0001679788 us-gaap:CommonClassBMember 2023-12-31 0001679788 us-gaap:CommonClassBMember 2022-12-31 0001679788 coin:BankServicingAndSubscriptionAndCirculationMember 2023-01-01 2023-12-31 0001679788 coin:BankServicingAndSubscriptionAndCirculationMember 2022-01-01 2022-12-31 0001679788 coin:BankServicingAndSubscriptionAndCirculationMember 2021-01-01 2021-12-31 0001679788 coin:OtherRevenueMember 2023-01-01 2023-12-31 0001679788 coin:OtherRevenueMember 2022-01-01 2022-12-31 0001679788 coin:OtherRevenueMember 2021-01-01 2021-12-31 0001679788 2022-01-01 2022-12-31 0001679788 2021-01-01 2021-12-31 0001679788 us-gaap:ConvertiblePreferredStockMember 2020-12-31 0001679788 us-gaap:CommonStockMember 2020-12-31 0001679788 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001679788 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001679788 us-gaap:RetainedEarningsMember 2020-12-31 0001679788 2020-12-31 0001679788 us-gaap:ConvertiblePreferredStockMember 2021-01-01 2021-12-31 0001679788 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0001679788 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001679788 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0001679788 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0001679788 us-gaap:ConvertiblePreferredStockMember 2021-12-31 0001679788 us-gaap:CommonStockMember 2021-12-31 0001679788 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001679788 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001679788 us-gaap:RetainedEarningsMember 2021-12-31 0001679788 2021-12-31 0001679788 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001679788 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001679788 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001679788 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001679788 us-gaap:ConvertiblePreferredStockMember 2022-12-31 0001679788 us-gaap:CommonStockMember 2022-12-31 0001679788 us-