Exodus Movement, Inc. Files 2024 10-K
Ticker: EXOD · Form: 10-K · Filed: 2025-03-06T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, finance-services, crypto-assets
TL;DR
EXOD 10-K is in: FY24 financials out, crypto assets like BTC & ETH valued, revenue streams detailed.
AI Summary
Exodus Movement, Inc. filed its 10-K for the fiscal year ending December 31, 2024, reporting on its financial performance and business operations. The company, operating in Finance Services, is based in Omaha, NE. Key financial data and operational details are presented in the filing, which also includes information on incentive plans and asset valuations.
Why It Matters
This filing provides investors and stakeholders with a comprehensive overview of Exodus Movement, Inc.'s financial health and strategic direction for the fiscal year 2024, including asset valuations and revenue streams.
Risk Assessment
Risk Level: medium — The company operates in the volatile cryptocurrency and finance services sector, which inherently carries significant market and regulatory risks.
Key Numbers
- 2024-12-31 — Fiscal Year End (Reporting period for the 10-K)
- 2023-12-31 — Prior Fiscal Year End (For comparative financial analysis)
- 001-42047 — SEC File Number (Identifier for the company's SEC filings)
Key Players & Entities
- Exodus Movement, Inc. (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- Omaha, NE (location) — Business and mailing address
- Bitcoin (dollar_amount) — Mentioned asset
- Ethereum (dollar_amount) — Mentioned asset
- 2023-12-31 (date) — Prior fiscal year end
FAQ
What were Exodus Movement, Inc.'s total revenues for the fiscal year ending December 31, 2024?
The filing indicates 'us-gaap:SalesRevenueNetMember' for the period 2024-01-01 to 2024-12-31, but the specific dollar amount is not provided in this snippet.
What are the primary digital assets Exodus Movement, Inc. holds or manages?
The filing specifically mentions 'exod:BitcoinMember' and 'exod:EthereumMember' in the context of asset valuation and fair value inputs.
What incentive plans are mentioned in the filing?
The filing references 'exod:TwoThousandNineteenIncentivePlanMember' and 'exod:TwoThousandTwentyOneIncentivePlanMember'.
What is the company's Standard Industrial Classification (SIC) code?
The SIC code listed is 6199, which falls under Finance Services.
What is the company's state of incorporation?
Exodus Movement, Inc. is incorporated in Delaware (DE).
From the Filing
0000950170-25-034884.txt : 20250306 0000950170-25-034884.hdr.sgml : 20250306 20250306170433 ACCESSION NUMBER: 0000950170-25-034884 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 94 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250306 DATE AS OF CHANGE: 20250306 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Exodus Movement, Inc. CENTRAL INDEX KEY: 0001821534 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 813548560 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-42047 FILM NUMBER: 25716211 BUSINESS ADDRESS: STREET 1: 15418 WEIR ST., #333 CITY: OMAHA STATE: NE ZIP: 68137 BUSINESS PHONE: 833-992-2566 MAIL ADDRESS: STREET 1: 15418 WEIR ST., #333 CITY: OMAHA STATE: NE ZIP: 68137 10-K 1 exod-20241231.htm 10-K 10-K 0001821534 false FY http://fasb.org/us-gaap/2024#AccountingStandardsUpdate202308Member http://fasb.org/srt/2024#ChiefExecutiveOfficerMember http://fasb.org/srt/2024#ChiefExecutiveOfficerMember 0001821534 exod:TwoThousandNineteenIncentivePlanMember us-gaap:CommonClassBMember 2024-12-31 0001821534 us-gaap:FairValueInputsLevel1Member exod:EthereumMember 2024-12-31 0001821534 us-gaap:SalesRevenueNetMember exod:UsAndNonUsMember exod:APIProvidersMember us-gaap:GeographicConcentrationRiskMember 2024-01-01 2024-12-31 0001821534 us-gaap:FurnitureAndFixturesMember 2023-12-31 0001821534 us-gaap:CreditConcentrationRiskMember exod:CompanyDMember 2023-01-01 2023-12-31 0001821534 srt:MinimumMember 2023-12-31 0001821534 us-gaap:CommonClassAMember exod:TwoThousandTwentyOneIncentivePlanMember 2023-01-01 2023-12-31 0001821534 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001821534 us-gaap:ComputerEquipmentMember 2023-12-31 0001821534 exod:ExchangeAggregationMember 2024-01-01 2024-12-31 0001821534 2024-06-28 0001821534 exod:BitcoinMember us-gaap:AccountingStandardsUpdate202308Member 2023-12-31 0001821534 us-gaap:SalesRevenueNetMember country:MH exod:APIProvidersMember us-gaap:GeographicConcentrationRiskMember 2024-01-01 2024-12-31 0001821534 us-gaap:CreditConcentrationRiskMember exod:CompanyAMember 2024-01-01 2024-12-31 0001821534 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001821534 us-gaap:SalesRevenueNetMember us-gaap:ProductConcentrationRiskMember 2024-01-01 2024-12-31 0001821534 exod:DigitalAssetsMember 2024-12-31 0001821534 us-gaap:RetainedEarningsMember 2024-01-01 2024-12-31 0001821534 us-gaap:CarryingReportedAmountFairValueDisclosureMember us-gaap:MoneyMarketFundsMember 2024-12-31 0001821534 us-gaap:GeneralAndAdministrativeExpenseMember 2024-01-01 2024-12-31 0001821534 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0001821534 us-gaap:ProductAndServiceOtherMember 2024-01-01 2024-12-31 0001821534 exod:FiatOnboardingMember 2023-01-01 2023-12-31 0001821534 2022-12-31 0001821534 us-gaap:CommonClassAMember 2023-01-01 2023-12-31 0001821534 us-gaap:SalesRevenueNetMember us-gaap:ProductConcentrationRiskMember 2023-01-01 2023-12-31 0001821534 us-gaap:AccountingStandardsUpdate202307Member 2024-12-31 0001821534 srt:MaximumMember 2023-12-31 0001821534 exod:FiatOnboardingMember 2024-01-01 2024-12-31 0001821534 us-gaap:ComputerEquipmentMember 2024-12-31 0001821534 us-gaap:ComputerSoftwareIntangibleAssetMember 2023-01-01 2023-12-31 0001821534 us-gaap:RetainedEarningsMember 2023-12-31 0001821534 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-01-01 2023-12-31 0001821534 us-gaap:MoneyMarketFundsMember us-gaap:FairValueInputsLevel1Member 2023-12-31 0001821534 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2024-12-31 0001821534 us-gaap:SalesRevenueNetMember us-gaap:ProductConcentrationRiskMember exod:FiatOnboardingMember 2024-01-01 2024-12-31 0001821534 us-gaap:OtherIntangibleAssetsMember 2023-12-31 0001821534 exod:TwoThousandTwentyOneIncentivePlanMember 2024-01-01 2024-12-31 0001821534 exod:TwoThousandNineteenIncentivePlanMember 2024-01-01 2024-12-31 000