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  "documentTitle": "Bakkt | Results Presentation Deck | 31 slides",
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  "authorName": "Bakkt",
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  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2022-11-01 00:00:00",
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      "kind": "list",
      "text": "Class A 78.6mm shares\nClass V 185.4mm shares\n20.5mm Class V shares exchanged as of October 31, 2022",
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      "text": "Operating expense of $60.0mm (excluding impairment)",
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      "text": "Net revenue of $12.9mm increased by $3.8mm, or 41%, YoY primarily driven by transaction revenue from the loyalty redemption business",
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      "text": "Non-cash goodwill and intangible assets impairments of $1,547.7mm",
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      "text": "Total shares outstanding of 264mm¹",
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      "kind": "source-note",
      "text": "As of October 31, 2022. Intercontinental Exchange, Inc. (\"ICE\") owns an aggregate of 66% of shares, consisting of both Class A and Class V",
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      "text": "$mm's (unaudited)\nSuccessor\nPredecessor\n3Q22\n2Q22\n3Q21\nNet revenues\n$12.9\n$13.6\n$9.1\nGoodwill and intangible assets impairments\n1,547.7\n-\n-\nOperating expenses, excluding impairment\n60.0\n57.1\n39.0\nOperating loss\n$(1,594.9)\n$(43.6)\n$(29.9)\nInterest income (expense), net\n0.6\n0.2\n(0.1)\nGain from change in FV of warrant liability\n0.4\n10.3\n-\nOther income, net\n0.7\n0.4\n1.1\nLoss before income taxes\n$(1,593.2)\n$(32.7)\n$(28.8)\nIncome tax benefit\n0.6\n5.1\n-\nNet loss\n$(1,592.5)\n$(27.6)\n$(28.8)\nLess: net loss for noncontrolling interest\n(1,224.4)\n(23.7)\n-\nNet loss attributable to Bakkt Holdings, Inc.\n$(468.1)\n$(3.9)\n-\nWeighted average basic shares (mm)\n76.6\n71.2\n-\nWeighted average diluted shares (mm)\n76.6\n71.2\n-\nNet loss per basic share\n$(6.11)\n$(0.05)\n-\nNet loss per diluted share\n$(6.11)\n$(0.05)\n-",
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