XML 146 R28.htm IDEA: XBRL DOCUMENT
v3.26.1

Net Loss per Share | 12 Months Ended
--- | ---
Dec. 31, 2025
Earnings Per Share [Abstract] |
Net Loss per Share | (18) Net Loss per Share The Series A Preferred Stock have similar economic rights to the Class A common stock and management considers them to be in substance common shares for earnings per share (“EPS”) purposes. As a result, the weighted average Series A Preferred Stock outstanding during the period was included in the calculation of weighted average common stock outstanding. No other classes of shares with economic rights were outstanding during the period, and therefore, EPS was not presented for such classes. The Public and Private Warrants were considered in diluted EPS under the treasury stock method, if dilutive. The Class E common stock represents earnout arrangements that are contingently issuable into Class A common stock, and are only considered in the calculation of EPS once the stock price milestones have been achieved. The non-controlling interest was considered in diluted EPS under the if-converted method, if dilutive. The stock compensation expense related to Class A shares has been attributed entirely to Bitcoin Depot Inc. for purposes of the net loss per share calculation within the Consolidated Statements of Income. The computation of income per share and weighted average common stock outstanding is presented for the years ended December 31, 2025 and 2024 as follows:
|  | Year Ended December 31, |
|  | 2025 |  |  | 2024 |
Numerator: |  |  |  |  |  |  |  |
Net loss attributable to common stockholders—basic and diluted |  | $ | (6,182 | ) |  | $ | (11,652 | )
Denominator: |  |  |  |  |  |  |  |
Weighted average common and preferred stock outstanding—basic and diluted* |  |  | 7,147,534 |  |  |  | 2,769,234 |
Net loss per share—Bitcoin Depot Inc.* |  | $ | (0.86 | ) |  | $ | (4.21 | )
* | All share and per-share amounts have been retroactively adjusted to reflect the Company’s 1-for-7 Reverse Stock Split that became effective on February 23, 2026. See Note 2(r) for further discussion of the calculation of weighted-average common shares outstanding.
The following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period:
Class of Security |  | Number of Shares as of December 31,* |
|  | 2025 |  |  | 2024 |
PubCo Warrants—Public and Private |  |  | 6,264,107 |  |  |  | 6,264,107 |
PubCo Class E Common Stock—Earnouts Units |  |  | — |  |  |  | 153,680 |
BT OpCo Exchangeable Non-Controlling Interest (1) (2) |  |  | — |  |  |  | 6,299,003 |
BT OpCo Earnouts Units (1) |  |  | 2,142,857 |  |  |  | 2,142,857 |
2023 Incentive Plan RSU awards |  |  | 413,881 |  |  |  | 232,098 |
* | All share and per-share amounts have been retroactively adjusted to reflect the Company’s 1-for-7 Reverse Stock Split that became effective on February 23, 2026.
(1) | Held at BT Assets and exchangeable into Class A common stock of the Company or cash upon the occurrence of certain conditions.
(2) | Held at BT Assets and can be exchanged into Class A common stock of the Company.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration