{
  "docId": "019de513-baa6-740f-b07d-4481a0beaaf8",
  "docSlug": "2054dc1bc5ff4dd635280fd021112fa8",
  "documentTitle": "Bakkt | Results Presentation Deck | 27 slides",
  "authorId": "bakkt",
  "authorName": "Bakkt",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2022-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 4,
  "pageCount": 27,
  "prevPage": 3,
  "nextPage": 5,
  "slideType": "before_after",
  "function": "frame_situation",
  "density": "overcrowded",
  "nDataPoints": 1,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de513-baa6-740f-b07d-4481a0beaaf8/4",
  "deckHref": "/decks/019de513-baa6-740f-b07d-4481a0beaaf8",
  "deckJsonHref": "/decks/019de513-baa6-740f-b07d-4481a0beaaf8.json",
  "deckAnchorHref": "/decks/019de513-baa6-740f-b07d-4481a0beaaf8#slide-4",
  "components": [
    {
      "bbox": {
        "h": 0.03,
        "w": 0.06,
        "x": 0.06,
        "y": 0.9
      },
      "kind": "image",
      "text": "bakkt",
      "attrs": null,
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2b8b3865-5a5f-4401-9cdd-442b65ab6aea",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.4,
        "w": 0.4,
        "x": 0.52,
        "y": 0.29
      },
      "kind": "list",
      "text": "Strong balance sheet - ability to self-fund our near-term road map and ~$315mm of available cash and other liquid assets¹\nDiverse business – breadth of services provides diverse revenue streams and enables us to help partners with their pain points\nRobust risk management – our infrastructure provides multiple layers of protection and provides heightened security and compliance\nDisciplined capital allocation – highly focused on building our long-term roadmap notwithstanding softness in the market",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3c945f23-376e-4e17-8e0f-0a96e0c0a19c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.43,
        "w": 0.4,
        "x": 0.08,
        "y": 0.29
      },
      "kind": "list",
      "text": "Macro environment – has shifted considerably around us – both in the macroeconomic environment overall, and in cryptocurrency\nUnsteadiness in crypto - has elongated decision timelines - though not a wholesale exit from the market, shift in sense of urgency of potential partners\nCapital more constrained – companies are looking to conserve capital for potential recession\nRegulation - market anticipation of increased regulatory scrutiny related to cryptocurrencies is impacting activation timelines\nTravel disruptions – summer air travel supply constraints partially offsetting robust robust consumer demand",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a3af33e9-e723-4db4-b937-1dd2cc775aaa",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.01,
        "w": 0.29,
        "x": 0.06,
        "y": 0.06
      },
      "kind": "paragraph",
      "text": "KEY HIGHLIGHTS / CURRENT ENVIRONMENT",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3b1c455d-4d21-4201-a5b4-896040fd5501",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.77,
        "x": 0.13,
        "y": 0.8
      },
      "kind": "paragraph",
      "text": "We are well positioned in this environment to be the safe, trusted and innovative platform to deliver widespread utility to our partners and customers",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "dcbf2cc5-c140-4cae-813d-e5fde53d2f95",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.54,
        "x": 0.13,
        "y": 0.91
      },
      "kind": "source-note",
      "text": "As of June 30, 2022. Includes other highly liquid assets such as Treasury bills and notes; excludes restricted cash",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "949ffc33-2e3e-46fe-8bf6-7df2c0667422",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.69,
        "x": 0.06,
        "y": 0.09
      },
      "kind": "title",
      "text": "Summary of current environment",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f0da2ece-f532-4bfa-8619-c396a6c73d8a",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Before-After-Bridge",
      "slug": "before-after-bridge",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "b417c09c-f47c-4832-bf5e-0cf0f982d1ba",
      "evidence": "list/bullet: Macro environment – has shifted considerably around us – both in the macroeconomic environment overall, and in cryptocurrency",
      "confidence": 0.6
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 5,
      "from": 4,
      "beatId": "bde7e127-bc0f-4429-a2d1-b137bf84596e",
      "arcName": "Rags to Riches",
      "arcSlug": "rags-to-riches",
      "beatName": "Early Struggles",
      "beatSlug": "rags-to-riches-early-struggles",
      "evidence": "The presentation highlights the current environment and market demands.",
      "position": 1,
      "confidence": 0.7,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    }
  ],
  "loops": [
    {
      "to": 5,
      "from": 4,
      "name": "Before After",
      "slug": "21-before-after",
      "bestFor": "Product demos, process improvements, ROI justification",
      "matchId": "79f82c17-c04b-43d8-bc85-375d8984d0d5",
      "evidence": "The presentation uses a before-after slide to illustrate the market shift.",
      "position": 0,
      "objective": "Highlight the current environment and market demands.",
      "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta",
      "confidence": 0.6,
      "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}