Exodus Movement, Inc. Files Q1 2025 10-Q
Ticker: EXOD · Form: 10-Q · Filed: 2025-05-12T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, quarterly-report, finance-services
TL;DR
Exodus Movement, Inc. Q1 2025 10-Q filed. Financials look steady.
AI Summary
Exodus Movement, Inc. filed its 10-Q for the period ending March 31, 2025. The filing details financial performance and operational updates for the first quarter of 2025. Key financial data and disclosures related to the company's assets and liabilities are presented.
Why It Matters
This filing provides investors with a quarterly update on Exodus Movement, Inc.'s financial health and strategic direction, crucial for understanding the company's performance in the digital asset space.
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
- 20250331 — Period End Date (The financial data pertains to this date.)
- 20250512 — Filing Date (The date the report was submitted to the SEC.)
Key Players & Entities
- Exodus Movement, Inc. (company) — Filer of the 10-Q
- 0000950170-25-069194 (other) — Accession Number for the filing
- 20250331 (date) — Conformed Period of Report
- 20250512 (date) — Filed as of Date
- 15418 WEIR ST., #333 (address) — Business and Mail Address
- OMAHA, NE (location) — City and State of Business Address
- 833-992-2566 (phone_number) — Business Phone Number
- 001-42047 (other) — SEC File Number
FAQ
What is the reporting period for this 10-Q filing?
The conformed period of report is March 31, 2025.
What is the company's Central Index Key (CIK)?
The company's Central Index Key is 0001821534.
What is the SEC file number for Exodus Movement, Inc.?
The SEC file number is 001-42047.
What is the business address of Exodus Movement, Inc.?
The business address is 15418 WEIR ST., #333, OMAHA, NE 68137.
When was this 10-Q form filed?
This 10-Q form was filed on May 12, 2025.
From the Filing
0000950170-25-069194.txt : 20250512 0000950170-25-069194.hdr.sgml : 20250512 20250512161011 ACCESSION NUMBER: 0000950170-25-069194 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 75 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250512 DATE AS OF CHANGE: 20250512 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Exodus Movement, Inc. CENTRAL INDEX KEY: 0001821534 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets EIN: 813548560 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-42047 FILM NUMBER: 25934879 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-Q 1 exod-20250331.htm 10-Q 10-Q Q1 false --12-31 0001821534 http://fasb.org/us-gaap/2024#AccountingStandardsUpdate202308Member http://fasb.org/us-gaap/2024#AccountingStandardsUpdate202308Member http://fasb.org/srt/2024#ChiefExecutiveOfficerMember 0001821534 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2023-12-31 0001821534 us-gaap:CreditConcentrationRiskMember exod:CompanyCMember 2024-01-01 2024-03-31 0001821534 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-12-31 0001821534 srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMember us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001821534 us-gaap:RestrictedStockUnitsRSUMember exod:TwoThousandTwentyOneIncentivePlanMember 2025-01-01 2025-03-31 0001821534 us-gaap:RetainedEarningsMember 2023-12-31 0001821534 country:VC 2025-01-01 2025-03-31 0001821534 exod:TwoThousandNineteenIncentivePlanMember us-gaap:CommonClassBMember 2025-03-31 0001821534 exod:BitcoinMember 2025-03-31 0001821534 us-gaap:CarryingReportedAmountFairValueDisclosureMember exod:OtherInvestmentMember 2024-12-31 0001821534 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001821534 us-gaap:VehiclesMember 2025-03-31 0001821534 exod:TwoThousandNineteenIncentivePlanMember 2019-09-01 2019-09-30 0001821534 us-gaap:RestrictedStockUnitsRSUMember 2024-03-31 0001821534 us-gaap:OtherIntangibleAssetsMember 2024-01-01 2024-12-31 0001821534 us-gaap:CarryingReportedAmountFairValueDisclosureMember exod:EthereumMember 2025-03-31 0001821534 us-gaap:CarryingReportedAmountFairValueDisclosureMember exod:OtherInvestmentMember 2025-03-31 0001821534 us-gaap:SalesRevenueNetMember country:HK exod:APIProvidersMember us-gaap:GeographicConcentrationRiskMember 2024-01-01 2024-03-31 0001821534 exod:UsAndNonUsMember 2025-01-01 2025-03-31 0001821534 us-gaap:CreditConcentrationRiskMember exod:CompanyBMember 2024-01-01 2024-03-31 0001821534 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2024-03-31 0001821534 exod:TwoThousandTwentyOneIncentivePlanMember 2021-08-01 2021-08-31 0001821534 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0001821534 us-gaap:CommonClassBMember 2025-01-01 2025-03-31 0001821534 srt:MaximumMember 2024-12-31 0001821534 us-gaap:MoneyMarketFundsMember us-gaap:FairValueInputsLevel1Member 2025-03-31 0001821534 us-gaap:SalesRevenueNetMember exod:APIProvidersMember us-gaap:GeographicConcentrationRiskMember 2024-01-01 2024-03-31 0001821534 us-gaap:CarryingReportedAmountFairValueDisclosureMember us-gaap:USTreasurySecuritiesMember 2024-12-31 0001821534 2024-01-01 2024-03-31 0001821534 us-gaap:SoftwareDevelopmentMember 2025-03-31 0001821534 exod:DomainNameMember 2021-01-01 2021-03-31 0001821534 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2024-12-31 0001821534 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2024-12-31 0001821534 2024-01-01 2024-12-31 0001821534 us-gaap:AccountingStandardsUpdate202308Member us-gaap:OtherIntangibleAssetsMember 2023-12-31 0001821534 us-gaap:CommonClassBMember 2025-03-31 0001821534 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2025-03-31 0001821534 us-gaap:SalesRevenueNetMember exod:ExchangeAggregationMember us-gaap:ProductConcen