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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash, cash equivalents and restricted cash (including $11,282 and $5,007 invested in WisdomTree Government Money Market Digital Fund at December 31, 2024 and 2023, respectively) $ 181,191 $ 129,305
Financial instruments owned, at fair value (including $78,540 and $47,559 invested in WisdomTree products at December 31, 2024 and 2023, respectively) 85,439 58,722
Accounts receivable (including $34,959 and $28,511 due from related parties at December 31, 2024 and 2023, respectively) 44,866 35,473
Prepaid expenses 5,340 5,258
Other current assets 1,542 1,036
Total current assets 318,378 229,794
Fixed assets, net 336 427
Securities held-to-maturity 206 230
Deferred tax assets, net 11,656 11,057
Investments (Note 7) 8,922 9,684
Right of use assets—operating leases (Note13) 880 563
Goodwill (Note 24) 86,841 86,841
Intangible assets, net (Note 24) 605,896 605,082
Other noncurrent assets 425 459
Total assets 1,033,540 944,137
Current liabilities:    
Fund management and administration payable 31,135 30,085
Compensation and benefits payable 39,701 38,111
Payable to Gold Bullion Holdings (Jersey) Limited (“GBH”) (Note 12) 14,804 14,804
Income taxes payable 724 3,866
Operating lease liabilities (Note 13) 709 578
Accounts payable and other liabilities 22,124 15,772
Total current liabilities 109,197 103,216
Convertible notes (Note 10) 512,033 274,888
Payable to GBH (Note 12) 12,159 24,328
Operating lease liabilities (Note 13) 171
Total liabilities 633,560 402,432
Preferred stock—Series A Non-Voting Convertible, par value $0.01; Zero and 14.750 shares authorized, issued and outstanding at December 31, 2024 and 2023, respectively; redemption value of $0 and $96,869 at December 31, 2024 and 2023, respectively) (Note 11) 132,569
Contingencies (Note 14)
Stockholders’ equity    
Preferred stock, par value $0.01; 2,000 shares authorized:
Common stock, par value $0.01; 400,000 shares authorized; issued and outstanding: 146,102 and 150,330 at December 31, 2024 and 2023, respectively 1,461 1,503
Additional paid-in capital 270,303 312,440
Accumulated other comprehensive loss (1,607) (548)
Retained earnings 129,823 95,741
Total stockholders’ equity 399,980 409,136
Total liabilities and stockholders’ equity $ 1,033,540 $ 944,137