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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash, cash equivalents and restricted cash (including $11,282 invested in the WisdomTree Government Money Market Digital Fund at March 31, 2025 and December 31, 2024) (Note 3) $ 170,373 $ 181,191
Financial instruments owned, at fair value (including $78,590 and $78,540 invested in WisdomTree products at March 31, 2025 and December 31, 2024, respectively) (Note 5) 85,294 85,439
Accounts receivable (including $35,440 and $34,959 due from related parties at March 31, 2025 and December 31, 2024, respectively) 46,125 44,866
Income taxes receivable 3,400
Prepaid expenses 6,922 5,340
Other current assets 1,377 1,542
Total current assets 313,491 318,378
Fixed assets, net 302 336
Deferred tax assets, net (Note 18) 5,622 11,656
Investments (Note 6) 9,237 8,922
Right of use assets—operating leases (Note 10) 583 880
Goodwill (Note 20) 86,841 86,841
Intangible assets, net (Note 20) 606,034 605,896
Other noncurrent assets 746 631
Total assets 1,022,856 1,033,540
Current liabilities:    
Fund management and administration payable 34,513 31,135
Compensation and benefits payable 11,803 39,701
Payable to Gold Bullion Holdings (Jersey) Limited (“GBH”) (Note 9) 14,804 14,804
Income taxes payable 724
Operating lease liabilities (Note 10) 493 709
Accounts payable and other liabilities 20,251 22,124
Total current liabilities 81,864 109,197
Convertible notes (Note 8) 512,657 512,033
Payable to GBH (Note 9) 12,615 12,159
Operating lease liabilities (Note 10) 89 171
Total liabilities 607,225 633,560
Contingencies (Note 11)
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: 147,034 and 146,102 at March 31, 2025 and December 31, 2024, respectively 1,470 1,461
Additional paid-in capital 263,818 270,303
Accumulated other comprehensive income/(loss) 299 (1,607)
Retained earnings 150,044 129,823
Total stockholders’ equity 415,631 399,980
Total liabilities and stockholders’ equity $ 1,022,856 $ 1,033,540