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  "documentTitle": "Bakkt | Results Presentation Deck | 27 slides",
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  "presentationDate": "2022-08-01 00:00:00",
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      "text": "Expense of $57.1mm increased $17.3mm, or 43%, YoY primarily due to increases in total headcount and non-cash compensation",
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      "text": "Net revenue of $13.6mm increased by $5.1mm, or 60%, YoY primarily driven by strong transaction revenue from the loyalty redemption business",
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      "text": "Total shares of 263.8mm¹",
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      "text": "As of July 31, 2022. Intercontinental Exchange, Inc. (\"ICE\") owns an aggregate of 66% of shares, consisting of both Class A and Class V",
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      "text": "$mm's\nNet revenues\nOperating expenses\nOperating loss\nInterest income (expense), net\nGain from FV of warrant liability\nOther (expense) income\nLoss before income taxes\nIncome tax benefit (expense)\nNet loss\nLess: Net loss for noncontrolling interest\nLoss attributable to Bakkt Holdings, Inc.\nAverage basic shares (mm)\nAverage diluted shares (mm)\nNet loss per basic share ($)\nNet loss per diluted share ($)\nSuccessor\n2Q22\n$13.6\n57.1\n$(43.6)\n0.2\n10.3\n0.4\n$(32.7)\n5.1\n$(27.6)\n(23.7)\n$(3.9)\n71.2\n71.2\n$(0.05)\n$(0.05)\nPredecessor\n1Q22\n$12.5\n61.0\n$(48.5)\n0.1\n2.4\n(0.5)\n$(46.5)\n3.1\n$(43.3)\n(36.2)\n$(7.1)\n57.2\n258.6\n$(0.12)\n$(0.14)\n2Q21\n$8.5\n39.8\n$(31.3)\n(0.1)\n0.0\n(0.3)\n$(31.7)\n(0.2)\n$(31.9)",
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      "kind": "title",
      "text": "Summary of 2Q22 condensed results",
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