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  "documentTitle": "Bakkt | Results Presentation Deck | 31 slides",
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  "authorName": "Bakkt",
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  "presentationDate": "2022-11-01 00:00:00",
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      "kind": "list",
      "text": "Adjusted EBITDA loss of $(30.7)mm\nAdjusted EBITDA loss increased due to higher operating expenses",
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      "text": "1Other comprised of ICE transition services expense and cancellation of common units in the current period and non-recurring bitcoin sale income, net in prior period.\nNote: Adjusted EBITDA is a non-GAAP financial measure. For more information, please refer to the Notes section in this presentation.",
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      "text": "$mm's (unaudited)\nNet loss\nDepreciation and amortization\nInterest (income) expense\nIncome tax (benefit) expense\nEBITDA\nAcquisition-related expenses\nShare-based and unit-based compensation expense\n(Gain) from change in fair value of warrant liability\nGoodwill and intangible assets impairments\nOther¹\nAdjusted EBITDA\nSuccessor\n3Q22\n$(1,592.5)\n6.4\n(0.6)\n(0.6)\n$(1,587.4)\n0.5\n8.8\n(0.4)\n1,547.7\n0.2\n$(30.7)\nPredecessor\n2Q22\n$(27.6)\n6.1\n(0.2)\n(5.1)\n$(26.8)\n0.2\n7.1\n(10.3)\n0.3\n$(29.6)\n3Q21\n$(28.8)\n3.3\n0.1\n-\n$(25.5)\n1.8\n0.6\n-\n(1.0)\n$(24.1)",
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      "kind": "title",
      "text": "3Q22 Adjusted EBITDA (non-GAAP)",
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      "evidence": "The golden circle is visible in the presentation's structure, from why (connecting the digital economy) to how (through acquisitions and partnerships) to what (financial results)",
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