Coinbase Global Files 2024 10-K
Ticker: COIN · Form: 10-K · Filed: 2025-02-13T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, cryptocurrency, finance
TL;DR
Coinbase dropped its 2024 10-K, check financials for crypto giant.
AI Summary
Coinbase Global, Inc. filed its 2024 10-K on February 13, 2025, reporting on its fiscal year ending December 31, 2024. The filing details the company's financial performance and operations within the finance services sector, specifically focusing on cryptocurrency assets. Key financial data and operational metrics for the fiscal year 2024 are presented, alongside disclosures regarding its business structure and compliance with SEC regulations.
Why It Matters
This 10-K filing provides investors and the public with a comprehensive overview of Coinbase's financial health and strategic direction for the fiscal year 2024, crucial for understanding the company's position in the evolving digital asset market.
Risk Assessment
Risk Level: medium — The cryptocurrency industry is inherently volatile and subject to significant regulatory changes, which poses a substantial risk to Coinbase's business model and financial performance.
Key Numbers
- 2024 — Fiscal Year (The period covered by the 10-K filing.)
- 1231 — Fiscal Year End (Indicates the end date of the reporting period.)
- 20250213 — Filing Date (The date the 10-K was officially submitted to the SEC.)
Key Players & Entities
- Coinbase Global, Inc. (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-02-13 (date) — Filing date
- 0001679788-25-000022 (other) — Accession Number
- 001-40289 (other) — SEC File Number
FAQ
What is the primary business of Coinbase Global, Inc. as indicated in the filing?
Coinbase Global, Inc. operates in the FINANCE SERVICES sector, with a focus on cryptocurrency assets.
What is the accession number for this 10-K filing?
The accession number for this filing is 0001679788-25-000022.
On what date was this 10-K filing submitted to the SEC?
This 10-K filing was submitted on February 13, 2025.
What is the SEC file number for Coinbase Global, Inc.?
The SEC file number for Coinbase Global, Inc. is 001-40289.
For which fiscal year is this 10-K report filed?
This 10-K report is filed for the fiscal year ending December 31, 2024.
From the Filing
0001679788-25-000022.txt : 20250213 0001679788-25-000022.hdr.sgml : 20250213 20250213161643 ACCESSION NUMBER: 0001679788-25-000022 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 147 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250213 DATE AS OF CHANGE: 20250213 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: 25620505 BUSINESS ADDRESS: STREET 1: ONE MADISON AVENUE STREET 2: SUITE 2400 CITY: NEW YORK STATE: NY ZIP: 10010 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-20241231.htm 10-K coin-20241231 0001679788 FALSE 2024 FY http://fasb.org/us-gaap/2024#AccountingStandardsUpdate202308Member P1Y P1Y P1Y 0.0026994 0.0029981 http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#AccountsReceivableNetCurrent http://fasb.org/us-gaap/2024#AccountsReceivableNetCurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent 303 360 361 iso4217:USD xbrli:shares iso4217:USD xbrli:shares coin:equity_plan xbrli:pure coin:unit coin:day coin:vote coin:employees coin:class_action_case 0001679788 2024-01-01 2024-12-31 0001679788 2024-06-30 0001679788 us-gaap:CommonClassAMember 2025-02-06 0001679788 us-gaap:CommonClassBMember 2025-02-06 0001679788 2024-12-31 0001679788 2023-12-31 0001679788 us-gaap:CommonClassAMember 2024-12-31 0001679788 us-gaap:CommonClassAMember 2023-12-31 0001679788 us-gaap:CommonClassBMember 2024-12-31 0001679788 us-gaap:CommonClassBMember 2023-12-31 0001679788 coin:BankServicingAndSubscriptionAndCirculationMember 2024-01-01 2024-12-31 0001679788 coin:BankServicingAndSubscriptionAndCirculationMember 2023-01-01 2023-12-31 0001679788 coin:BankServicingAndSubscriptionAndCirculationMember 2022-01-01 2022-12-31 0001679788 coin:OtherRevenueMember 2024-01-01 2024-12-31 0001679788 coin:OtherRevenueMember 2023-01-01 2023-12-31 0001679788 coin:OtherRevenueMember 2022-01-01 2022-12-31 0001679788 2023-01-01 2023-12-31 0001679788 2022-01-01 2022-12-31 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:CommonStockMember 2022-12-31 0001679788 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001679788 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001679788 us-gaap:RetainedEarningsMember 2022-12-31 0001679788 2022-12-31 0001679788 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001679788 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0001679788 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0001679788 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001679788 us-gaap:CommonStockMember 2023-12-31 0001679788 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001679788 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001679788 us-gaap:RetainedEarningsMember 2023-12-31 0001679788 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember us-gaap:RetainedEarningsMember 2023-12-31 0001679788 srt:CumulativeEffectPeriodOf