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  "documentTitle": "Bakkt | Results Presentation Deck | 26 slides",
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  "authorName": "Bakkt",
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  "presentationDate": "2023-05-01 00:00:00",
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  "pageNumber": 17,
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  "nDataPoints": 30,
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  "slideHref": "/slides/019de515-901b-75be-bf19-4232058cc7b3/17",
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      "kind": "list",
      "text": "$117.6mm of available cash, cash equivalents and available-for-sale securities\nCash usage of $121.8mm includes:\n$67.2mm in cash held in escrow for payment of Apex Crypto transaction¹\n$13.6mm of seasonably high payable settlements, including $4.1mm of acquisition-related costs\n$4.3mm of cash severance costs for 4Q22 and 1Q23 restructurings\n$2.8mm of restricted cash related to surety bonds\n$1.4mm of withholding taxes for vested stock awards\nCapex spend of $3.7mm\nApex Crypto for remainder of 2023 expected to be approximately free cash flow breakeven excluding deal costs",
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      "text": "1$67.2mm consists of $12.2mm acquired of cash and working capital and $55.0mm Apex Crypto cash purchase price\nNote: All financial data on this slide is unaudited. Cash usage is calculated using changes in cash & cash equivalents and available-for-sale securities balances from the GAAP balance sheet over a specified time period.\nFirst quarter 2023 cash usage of $121.8mm is calculated by adding the change in available cash & cash equivalents from 12/31/22 to 3/31/23 of ($47.5mm) with the change in available-for-sale securities from 12/31/22\nto 3/31/23 of ($74.3)mm",
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      "text": "$mm's\nAssets\nCash & cash equivalents\nCash held in escrow\nAvailable-for-sale securities\nOther current assets\nTotal current assets\nGoodwill\nIntangible assets, net\nOther assets\nTotal assets\nLiabilities and stockholders' equity\nCurrent liabilities\nNoncurrent liabilities\nTotal liabilities\nTotal stockholders' equity\nNoncontrolling interest\nTotal equity\nTotal liabilities and stockholders' equity\nAs of 3/31/23 (unaudited)\n$50.8\n67.2\n66.8\n97.4\n$282.3\n15.9\n54.4\n60.8\n$413.3\n$84.3\n30.8\n$115.1\n89.3\n209.0\n$298.3\n$413.3\nAs of 12/31/22\n$98.3\n-\n141.1\n87.1\n$326.5\n15.9\n55.8\n57.4\n$455.5\n$92.1\n27.3\n$119.4\n96.3\n239.8\n$336.1\n$455.5",
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      "text": "1Q23 Condensed balance sheet",
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