v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current:    
Cash and cash equivalents $ 65,632 $ 29,472
Cryptocurrencies 10,927 1,510
Accounts receivable 639 275
Prepaid expenses and other current assets 3,131 3,076
Total current assets 80,329 34,333
Property and equipment:    
Furniture and fixtures 635 635
Leasehold improvements 172 172
Kiosk machines - owned 42,903 36,831
Kiosk machines - leased 8,987 10,367
Total property and equipment 52,697 48,005
Less: accumulated depreciation (26,511) (21,158)
Total property and equipment, net 26,186 26,847
Intangible assets, net 804 2,320
Goodwill 8,717 8,717
Operating lease right-of-use assets, net 2,917 2,595
Deposits 1,042 734
Deferred tax assets 10,580 4,558
Total assets 130,575 80,104
Current:    
Accounts payable 10,667 11,557
Accrued expenses and other current liabilities 41,052 14,260
Notes payable 6,972 6,022
Income taxes payable 1,732 2,207
Deferred revenue 343 20
Operating lease liabilities, current portion 1,300 858
Current installments of obligations under finance leases 1,602 3,446
Other non-income tax payable 0 2,259
Total current liabilities 63,668 40,629
Long-term liabilities    
Notes payable, non-current 53,520 49,457
Operating lease liabilities, non-current 1,610 1,774
Obligations under finance leases, non-current 360 1,950
Deferred income tax, net 0 604
Tax receivable agreement liability due to related party 0 2,176
Total Liabilities 119,158 96,590
Commitments and Contingencies (Note 21)
Stockholders' Equity (Deficit)    
Treasury stock (437) (437)
Additional paid-in capital 62,553 21,491
Accumulated deficit (49,612) (44,349)
Accumulated other comprehensive loss (255) (342)
Total Stockholders' Equity (Deficit) Attributable to Bitcoin Depot Inc. 12,257 (23,632)
Non-controlling interest    
(Deficit) Equity attributable to non-controlling interests (840) 7,146
Total Stockholders' Equity (Deficit) 11,417 (16,486)
Total Liabilities and Stockholders' Equity (Deficit) 130,575 80,104
Series A Preferred Stock [Member]    
Stockholders' Equity (Deficit)    
Series A Preferred Stock, $0.0001 par value; 50,000,000 authorized, 0 and 1,733,884 shares issued and outstanding, at December 31, 2025 and 2024, respectively [1] 0 0
Common Class A [Member]    
Stockholders' Equity (Deficit)    
Common stock [1] 4 1
Common Class B [Member]    
Stockholders' Equity (Deficit)    
Common stock [1] 0 0
Class E Common Stock [Member]    
Stockholders' Equity (Deficit)    
Common stock [1] 0 0
Common Class M [Member]    
Stockholders' Equity (Deficit)    
Common stock [1] 4 0
Common Class O [Member]    
Stockholders' Equity (Deficit)    
Common stock [1] 0 0
Common Class V [Member]    
Stockholders' Equity (Deficit)    
Common stock [1] $ 0 $ 4
[1] On February 23, 2026, the Company effected a 1-for-7 Reverse Stock Split of each class of its issued and outstanding shares of common stock, in each case with a par value of $0.0001 per share. As a result of the Reverse Stock Split, the number of issued and outstanding shares of common stock was reduced from 35,495,968 shares of Class A common stock and 37,846,102 shares of Class M common stock to 5,070,852 shares of Class A common stock and 5,406,586 shares of Class M common stock, retroactively adjusted for all periods presented.