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Consolidated Statements Of (Loss) Income And Comprehensive (Loss) Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenue $ 135,271 $ 179,483 $ 436,876 $ 540,561
Cost of revenue (excluding depreciation and amortization) 112,853 152,545 370,848 461,087
Operating expenses:        
Selling, general, and administrative 14,694 16,242 44,062 43,245
Depreciation and amortization 2,245 3,260 8,184 9,554
Total operating expenses 16,939 19,502 52,246 52,799
Income from operations 5,479 7,436 13,782 26,675
Other (expense) income:        
Interest (expense) (2,907) (2,769) (10,731) (10,120)
Other income (expense) 103 (3,111) 143 (14,024)
Gain (loss) on foreign currency transactions (29) (154) (294) (365)
Total other (expense) (2,833) (6,034) (10,882) (24,509)
(Loss) Income before provision for income taxes and non-controlling interest 2,646 1,402 2,900 2,166
Income tax benefit (expense) (347) (337) (479) 977
Net income (loss) 2,299 1,065 2,421 3,143
Net income attributable to Legacy Bitcoin Depot unit holders 0 0 0 12,906
Net income attributable to non-controlling interest 3,238 8,163 7,459 8,031
Net (loss) attributable to Bitcoin Depot Inc. (939) (7,098) (5,038) (17,794)
Net income (loss) 2,299 1,065 2,421 3,143
Foreign currency translation adjustments (19) 87 (1) 66
Total comprehensive income (loss) 2,280 1,152 2,420 3,209
Comprehensive income attributable to Legacy Bitcoin Depot unit holders 0 0 0 12,885
Comprehensive income (loss) attributable to non-controlling interest 3,225 8,249 7,459 8,118
Comprehensive (loss) attributable to Bitcoin Depot Inc. $ (945) $ (7,098) $ (5,039) $ (17,794)
(Loss) earnings per share basic $ (0.05) $ (0.43) $ (0.39) $ (1.07)
(Loss) earnings per share diluted $ (0.05) $ (0.43) $ (0.39) $ (1.07)
Weighted average shares:        
Weighted average shares Basic 20,701,447 16,658,691 18,908,391 16,658,691
Weighted average shares diluted 20,701,447 16,658,691 18,908,391 16,658,691